Tag: Budget

New Delhi: In line with the BJP’s poll promise before the 2014 general elections, Finance Minister Arun Jaitley on Thursday announced that the Minimum Support Price (MSP) for notified kharif crops would be 1.5 times the input cost along with formation of a concrete mechanism to ensure higher farm income. While presenting the Union Budget […]

New Delhi: Union Agriculture and Farmers Welfare Minister Radha Mohan Singh on Wednesday said that 30 per cent of his ministry’s budget would be invested on the country’s women farmers. “There will be at least 30 per cent of the budget allocation for women beneficiaries in all ongoing schemes, programmes and development activities,” he said […]

Dhaka: Bangladeshi Finance Minister A.M.A. Muhith has said the government will request a record $51 billion national budget for the 2017-18 fiscal year beginning in July, a media report said on Monday. Muhith told journalists on Sunday shortly after emerging from the first pre-budget discussion meeting with leading economists, Xinhua news agency reported. However, he […]

Bhubaneswar:  The Odisha government on Thursday extended the date for inviting suggestions from the public for preparation of the annual budget for the 2017-18 fiscal. Considering the pro-active participation of the people in the budget-making process, the state finance department has extended the last date for submission of budget suggestions until January 22. The department […]

  New Delhi: Delhiites may get free Wi-Fi facility at public places next year as the public works department has set a target of launching the pilot project for the same on March 31 next year. According to the Delhi government’s “outcome budget” under which various departments set target for executing their schemes and projects, […]

New Delhi: The Narendra Modi government sought to give a marked thrust to the rural sector in this year’s Union Budget, its last full-year budget before the 2019 Lok Sabha polls, with the central ministries getting an allocation of Rs 14.34 lakh crore for creation of livelihood and infrastructure in rural areas. The thrust, evidently […]

Bhubaneswar: The State Government has initiated the process for the preparation of the second phase of the Climate Change Action Plan of the State with a budget aim of Rs 31,667 crore for the next five years, informed official sources today. The process was discussed at a high-level meeting chaired by Chief Secretary A P […]

Bhubaneswar: The State Plan budget utilization up to October has registred around 46 per cent of the budget provision which is an increase by 18.37 per cent compared to the utilization during 2015-16. While reviewing the plan expenditure, chief secretary A PPadhi today directed department secretaries to put more public services online and develop mobile […]

New Delhi: Minister Suresh Prabhu began presenting his maiden budget for the Indian Railways in the Lok Sabha Thursday, promising to balance the needs of passengers and the long-term interests of the network so that it can be benchmarked globally on quality, safety and reach. “Railways facilities have not improved substantially for the past few […]

The government on Monday said public sector banks should raise capital on their own in future even as it proposed to infuse Rs 11,200 crore as equity in them during the next financial year

Bhubaneswar, Jan 27 (IANS) The decrease in mining revenue is likely to affect Odisha’s budget plan, even as the state government is discussing with experts and stake holders the contours of the annual budget for the next fiscal (2015-16) here Tuesday. The budget will be presented in the state assembly Feb 16. Mining royalty collection, […]

New Delhi: Government today increased the defence budget by 10.95 per cent rpt 10.95 per cent to Rs 2.46 lakh crore for the next fiscal as compared to the revised estimates of Rs 2.22 lakh crore for 2014-15 as it pushes ‘Make in India’ initiative to curtail over-dependence on imports. While the government had last […]

The preparations at the government level begin months before. But the obsession in the media sets in just about a fortnight ahead of D Day (‘B Day’ would be more appropriate though). Edit pages of newspapers – and not just of the ‘Pink’ variety – are full of articles by ‘experts’ pontificating on what the […]

New Delhi: Continuing its focus on the stressed agriculture sector in the upcoming full Budget in July, the Finance Ministry is likely to increase allocation by a minimum 30 per cent over the interim Budget figures, as well as announce a flagship farmers’ scheme, official sources said on Friday. Sources privy to the budget preparations […]

New Delhi: The first session of the 17th Lok Sabha will commence from Monday during which the passage of the Union Budget and key legislations such as triple talaq will be on top of the agenda for the government. Prime Minister Narendra Modi, chairing an all-party meeting on the eve of the first session, invited […]