| Labour conference says nothing new in the time of meltdown | 20-FEB-09 |
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| Days after presenting the Interim Budget 2009-10, Finance Minister Pranab Mukherji today called for investments in infrastructure, adequate credit support to poorer sections, and facilities for upgrading skills and reskilling work force while Deputy chairman of Planning Commission Montek Singh Ahluwalia underscored the promise held in the interim budget of an additional injection of Rs 60,000 crore. |
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| Bengal Chambers opinion of the Interim Budget 2009-2010 | 17-FEB-09 |
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| The Finance Minister in-charge Mr Pranab Mukherjee presented the Interim Budget for 2009-2010. He highlighted the salient achievements of the UPA Government in all spheres in the first four years of its tenure. In respect of taxes, he mentioned that necessary measures have already been taken for expansion of tax base, computerization through e-payments /e-filing and rationalization/ reduction in tax rates for removing distortions as obtained in the last few years. |
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| In election year, social sector gets a leg-up | 17-FEB-09 |
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| The Interim Budget 2009-10 proposed to step up the education expenditure for 2009-10 under various heads. A new scheme for universal secondary education was also proposed, along the lines of the Sarva Siksha Abhiyan (SSA) which seeks to attain complete primary education in the country. |
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| Interim Budget evokes mixed response in states | 16-FEB-09 |
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| The Interim Budget presented in the Parliament today evoked mixed response in states with those ruled by Congress and UPA allies welcoming it while the governments of BJP and other opposition parties branded the exercise as "poll oriented and disappointing". |
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| Fiscal deficit widens to 6%, FRBM breached | 16-FEB-09 |
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| The fiscal deficit this financial year is expected to touch 6 per cent of the country’s gross domestic product (GDP) -- the highest in 14 years – because of falling tax collections and rising expenditure. |
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| Aam admi gets more talk, less allocation | 16-FEB-09 |
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| Primary education has seen funds returned unspent. Out of the 2008-09 allocation of Rs 27,850 crore for primary education, Rs 26,026 crore was spent. The Interim Budget allocation for primary education is Rs 28,799 crore. |
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| Govt raises farm sector allocation by 5% to Rs 15,000cr | 16-FEB-09 |
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| The government has raised the allocation for agriculture by five per cent to about Rs 15,000 crore for the next fiscal to give a fillip to the sector that gives bread to about 60 per cent of the country's population. |
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| Govt revenues from oil to go up marginally next fiscal | 16-FEB-09 |
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| The government revenues from the lucrative oil sector will marginally go up next fiscal to Rs 95,392 crore as the slowdown in the world's second-fastest growing economy has seen fuel sales dip during past few months. |
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| Grant to fertiliser sector slashed by 34% | 16-FEB-09 |
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| The government has squeezed the allocation to the fertiliser sector by 34 per cent at Rs 50,200 crore for the next fiscal by slashing the non-plan spend substantially. |
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| Delhi, Chennai Metros to get new loans from Japan | 16-FEB-09 |
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| The other projects to get funding from Japan are Hyderabad Outer Ring Road, Guwahati Water Supply Project, Kerala Water Supply Project, Hogenakkal Water Supply Project and Fluorsis Mitigation Project. |
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| UPA's farewell Budget: Advani | 16-FEB-09 |
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| The leader of the Opposition in the Lok Sabha L K Advani has ridiculed Pranab Mukherjee’s concern for the "aam admi" in his speech while presenting the Interim Budget for the year 2009-10 today. |
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| CPSEs may get Rs 19,646cr financial assistance | 16-FEB-09 |
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| The Centre today proposed a financial assistance of Rs 19,646 crore to the Central Public Sector Enterprises (CPSE), which have outlined investments of Rs 2,29,421 crore in the next fiscal. |
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