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Ghadai presents Rs 2799.59cr supplementary budget20-NOV-09
The finance minister Prafulla Chandra Ghadai today presented the first supplementary demand for grants of Rs 2799.59 crore for 2009-10 in the state assembly. It includes Rs 1230.87 crore outlay in the non-plan sector and Rs 1321.66 crore outlay in the plan sector.
'Gross budgetary support to decline'20-NOV-09
The gross budgetary support for the remaining period of the Eleventh Five-Year Plan (2007-12) will decline due to the slowdown effect.
UPA govt likely to face a stormy winter session19-NOV-09
After the relatively calm Budget session, a unified Opposition is gearing up to corner the second UPA government on a host of issues in the winter session of the Parliament.
MP supplementary budget passed19-NOV-09
The Madhya Pradesh government today passed Rs 2,300 crore first supplementary budget through voice vote. Of this, the government has earmarked a capital expenditure of Rs 1,700 crore. A lion’s share of the budget will go to power sector, school education, irrigation, panchayat and roads.
Brigade plans budget housing18-NOV-09
Brigade group, Bangalore-based real estate developer, is testing the waters of affordable housing with ‘Brigade Value Homes’ which it plans to launch in Bangalore. The company is looking to invest Rs 2,000 crore on building compact residential properties in the next four years.
MP adjunct budget to be passed in winter session14-NOV-09
The state government is ready to present Rs 1,800 crore first adjunct budget in the coming winter session of the Assembly. Of the total demand of first supplementary grants of Rs 2,200 crore, the state is likely to sanction only Rs 1,800 crore.
A K Bhattacharya: Who's batting for GST?10-NOV-09
But ask anyone from industry or the tax experts advising the finance ministry on implementing GST, you are likely to get a slightly different answer.
Cost gap between full-service, budget airlines narrows04-NOV-09
The gap between the cost of running a low-cost airline (LCC) and a full-service carrier (FSC) is being narrowed, as the latter take to strategic ways to cut costs.
A K Bhattacharya: Pranab's trump card04-NOV-09
An economist friend of the current prime minister once lamented that he had lost respect for Budget numbers because the Budget Estimates went through several revisions and became quite different from the Actuals that were put out a year or two later. Over the years, this has become the standard criticism of all the numbers that finance ministers trot out in their Budget speeches every year.
M Govinda Rao: Timing the exit right03-NOV-09
The expansionary fiscal stance of the last two years cannot continue and an exit strategy will have to be put in place in the forthcoming Budget to ensure fiscal sustainability and greater flexibility in monetary policy operation, and to enhance productivity in public spending and avoid pressure on interest rates.
Fiscal deficit touches half of budget estimate in six months30-OCT-09
The fiscal deficit for the six-month period stood at Rs 1,97,775 crore, which is 49.3 per cent of the total estimate of Rs 4,00,996 crore for this fiscal.
Obama inks military budget bill; Pak to get $2.3bn29-OCT-09
US President Barack Obama today signed a $680 billion defence budget bill that provides $2.3 billion military assistance to Pakistan with tough condition to make sure that the funds are not squandered or diverted to affect the "balance of power in the region".
Martin Feldstein: An unhealthy proposal29-OCT-09
US Senate Finance Committee's plan on healthcare will add substantially to future deficits.
'Govt mkt borowings not to cross Rs 5.5 lakh cr'28-OCT-09
The governments' market borrowings will not exceed Rs 5.5 lakh crore it had envisaged in the budget, as the needs of the Centre as well as the states will easily be met by this amount.
Farm credit offtake rises 57% during April-August20-OCT-09
Farm loans disbursal surged by 57 per cent till August this fiscal to 1.13 lakh crore as the government strove to mitigate the impact of drought on farmers through timely supply of credit.
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