Tag: Union Budget

SC defers hearing on postponing of Union Budget to Jan 23

The Supreme Court on Friday deferred till January 23 the hearing on a plea seeking postponement of the Union Budget presentation ahead of Assembly polls in five states. The apex court had on January 6 refused an urgent hearing into the matter saying that they would decide the issue when it comes in its normal …

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January 20, 2017

SC defers hearing on postponing of Union Budget to Jan 23

The Supreme Court on Friday deferred till January 23 the hearing on a plea seeking postponement of the Union Budget presentation ahead of Assembly polls in five states. The apex court had on January 6 refused an urgent hearing into the matter saying that they would decide the issue when it comes in its normal …

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January 20, 2017

Halwa ceremony kickstarts Budget 2017-18 process

In a first, the Budget for 2017-18 will be presented on February 1 instead of the usual February 28.However, what still remains etched in tradition is the ritual of making Halwa – a traditional sweet, to kickstart the whole process of printing the budget documents. While the ritual of making Halwa is dutifully followed every …

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January 19, 2017

Budget session of Parliament to begin from Jan 31

The Budget session of Parliament was on Saturday convened to start from January 31, a day before the Union Budget is likely to be presented. President Pranab Mukherjee has summoned the Rajya Sabha to meet on January 31, an official notification said. A similar notification is also expected from the Lok Sabha secretariat. While the …

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January 7, 2017

EC seeks Centre’s response on Opposition protest over Budget timing

Acting on Opposition complaint, the Election Commission has sought the Centre's response on their objection to presenting the budget on February 1 before the Assembly polls to five states. Chief Election Commissioner Nasim Zaidi has written to Cabinet Secretary P K Sinha who is likely to consult the the Parliamentary Affairs Ministry before framing his …

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January 7, 2017

SC refuses urgent hearing on postponing of Union Budget

The Supreme Court on Friday turned down the plea seeking an urgent hearing on postponement of the Union Budget presentation ahead of Assembly polls in five states. The apex court bench of Chief Justice Jagdish Singh Khehar, Justice NV Ramana and Justice DY Chandrachud said that they would decide the issue when it comes in its normal course …

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January 6, 2017

Budget could be used to influence voters: Mayawati

Expressing apprehension that voters could be influenced through announcements in the Union Budget, BSP chief Mayawati today asked the Election Commission to instruct the Centre to present the general budget only after completion of polling in all the five states in March. "The EC should instruct the central government not to present the general budget …

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January 4, 2017

Postpone union budget till polls get over: Thackeray

Shiv Sena President Uddhav Thackeray on Wednesday demanded that the Narendra Modi government should postpone the upcoming union budget till the assembly elections to the five states are completed. "A delegation of Shiv Sena MPs will meet the President of India for this soon. We feel that ruling Bharatiya Janata Party may try to manipulate …

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January 4, 2017

Union budget to be presented on February 1

The Union budget will be presented on February 1. The date has been advanced by a month so that the entire budget process gets completed by March 31 as against June earlier, official sources said. The government expects to get the budget passed by March 31 and wants to implement the budget proposals from April …

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November 15, 2016

One ‘drama’ fewer

Sound indeed may be the administrative and economic factors behind the decision to junk the 92-year-old practice of a separate Railway budget. Yet, from a parliamentary perspective the merger with the General budget could “rob” the apex legislature of one of its most passionate debates. The government has promised an exhaustive discussion in Parliament along …

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September 23, 2016

Railways to raise extra capital expenditure: Prabhu

Railway Minister Suresh Prabhu said on Wednesday that amalgamating the railway budget with general budget will help the Indian Railways to raise extra capital expenditure. According to Prabhu, the amalgamation will not impact the functional autonomy or the distinct identity of the railways. "Rail budget was earlier presented by Railway Minister in India, the practice …

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September 21, 2016

Cabinet approves merging of Rail budget with Union Budget

In a major overhaul, the Cabinet on Wednesday approved advancing presentation of the annual Budget by a month, scrapped over nine-decade old tradition of having a separate Railway Budget and removed classifications for expenditure to make the exercise simpler. With a view to get all the legislative approvals for the annual spending and tax proposals …

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September 21, 2016

Towards global goals for sustainable development

Global Citizen, a social action platform, and the Global Education and Leadership Foundation (tGELF), recently launched the Global Citizen India platform. The platform will comprise a distinctive mix of events, grassroots activism, media campaigning and online activation, to catalyse India’s journey towards achieving the Global Goals for Sustainable Development, and to bring about the end …

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September 14, 2016