Tag: Budget

Haryana Budget to focus on all-around development: Min

Haryana Finance Minister Captain Abhimanyu on Thursday said that the upcoming Budget of the state would be people-friendly laid on balancing the rural economy. While interacting with media persons during Holi Milan programme organized at his residence, Abhimanyu said that being the Finance Minister of the state, he would present the next budget in which …

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March 2, 2018

67 BMC officials pass `430 cr annual Budget for State Capital

Presenting its last Budget, the Corporation consisting 67 Corporators, on Wednesday unanimously passed the annual Budget of Rs 430 crore for the State Capital region. Out of the major income while holding tax would yield Rs 46.49 crore, advertising revenue Rs 18.37 crore, trade licence Rs 6.03 crore, users fee Rs 19.66 crore, NOC Rs …

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March 1, 2018

HP Assembly readies for first Budget session

Himachal Pradesh Assembly in Shimla is being readied for the first budget session of the 13th Legislative Assembly, beginning 6 March. While a portion of the Assembly is being re-done ahead of the session, Speaker, Dr Rajeev Bindal has directed the officials for foolproof arrangements, including flawless security. After the formation of Bharatiya Janata Party …

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February 28, 2018

Manohar Parrikar returns home, presents budget in Goa Assembly

A frail appearing Manohar Parrikar on Thursday presented the state budget in Goa Assembly, almost a week after he was hospitalised to a pancreas-related ailment. Parrikar was admitted to Mumbai’s Lilavati hospital on February 15 and after being treated for a week, returned to Goa on Thursday morning. The Goa Chief Minister landed at Dabolim …

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February 22, 2018

Manohar Parrikar arrives in Goa, might table budget

Goa Chief Minister Manohar Parrikar arrived here on Thursday after he was discharged from Mumbai’s Lilavati hospital where he was hospitalised since February 15 for a pancreas-related ailment. Deputy Speaker Michael Lobo told reporters at the state Assembly complex, that Parrikar landed at Goa’s Dabolim International Airport at around 11.40 a.m., and headed for his …

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February 22, 2018

Guj Budget seeks to woo Patels; liquor prices up

Partially succumbing to the demands of the Patels, the Gujarat government on Tuesday allocated Rs 506 crore for the welfare of educationally and economically backward families of all classes not enjoying the benefits of reservation. This was announced here on Tuesday by State Finance Minister Nitin Patel while presenting the Budget proposals for 2018-19. However, …

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February 20, 2018

Security breach marks Gujarat Assembly session

The Budget session of Gujarat Legislative Assembly began on Monday with a security breach as a few cars without proper number plates managed to enter the parking lot of the complex recently renovated at a cost of Rs 135 crore. One SUV, without any number plates on either side, was seen parked within about 100 …

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February 20, 2018

State records increased revenue collection

The state has recorded increased revenue collection and budget utilisation till January of the current fiscal showing improved overall fiscal performance in comparision to the corresponding period of the previous financial year, claimed official sources here on Monday. A review in this regard was conducted by chief secretary Aditya Prasad Padhi on Monday. Padhi directed …

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February 14, 2018

A state of flux

The Budget session of Parliament has gone into a month’s recess. We will be spared the low-brow theatrics and Surpanakha cackles that are the demeaning leitmotif of Parliamentary proceedings. The Presiding Officers, routinely targeted as partisan by the Opposition, by turns cajoled and sought to shame the “honourable” Members into more becoming behaviour with “the …

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February 14, 2018

Chorus of dissent against budget grows: Chidambaram

Congress leader P Chidambaram on Tuesday said that the chorus of dissent against the 2018-19 budget has grown and even economists of the government and the RBI Governor have spoken against its provisions. In a series of tweets, he said that former NITI Aayog vice-chairman Arvind Panagariya had spoken against the protectionist custom duties and …

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February 13, 2018

Defence hopes dashed~I

While the government has increased the defence budget for fiscal 2018-19 by 5.91 per cent to Rs 2,95,511.41 crore, the allocation is estimated at around 1.58 per cent of the GDP ~ the lowest since 1962. This has once again dashed hopes for any major jump in military modernisation despite heightened tensions confronting Pakistan and …

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February 9, 2018

Uproar in UP House as Budget session begins

Uproarious scenes marked the Uttar Pradesh Governor Ram Naik’s address to the joint sitting of the House in the Vidhan Sabha on the opening day of the budget session of the Uttar Pradesh Legislature on Thursday. The Budget session was also the first session of 2018. As the combined Opposition took the Yogi Adityanath government …

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February 9, 2018

Arun Jaitley’s Budget reply cut short by opposition protest

The Lok Sabha was adjourned on Thursday evening without Finance Minister Arun Jaitley’s budget reply being over, amid ruckus by opposition members. A unique scene was also witnessed shortly before the House was adjourned when members from Telugu Desam Party (TDP), who had been standing near the Speaker’s podium with placards through his reply so …

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February 8, 2018

Senate majority leader announces 2-year budget accord

Senate Majority Leader Mitch McConnell on Wednesday announced a “bipartisan agreement” between Republicans and Democrats on a two-year budget deal just two days before the deadline for another government shutdown. He also said that the deal has the support of the White House, although he did not provide any specifics in that regard, Efe reported. …

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February 8, 2018

‘Losses in Bengal due to GST are lower than many states’

Even as chief minister Mamata Banerjee continued her tirade against the Centre for hurriedly implementating GST, state finance minister Amit Mitra on Wednesday said in Assembly that the losses due to GST in Bengal were lower than many other states as “the digitised system was already in place.” “The loss in September-October was Rs 1,132 …

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February 8, 2018

Budget should be more transparent

This year the union budget presentation departed from the usual practice in one important respect. Generally, the budget speech mentions expenditure estimates of important development programmes and schemes. Often the extent to which these estimates have increased compared to the previous year is also mentioned. Hence the extent to which allocations for the most important …

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February 6, 2018

Budget addresses welfare of all sections: BJP

Amid the brewing discontent among the salaried middle-class post the Budget presentation, the BJP on Saturday claimed the government was committed to their welfare and cited implementation of the Seventh Pay Commission’s recommendations to back its contention. BJP general secretary Ram Madhav said the NDA government led by Prime minister Narendra Modi had taken into …

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February 4, 2018