It said the economy grew fast between 2004 and 2008 largely due to the "lagged effects" of the reforms of the NDA government led by Atal Bihari Vajpayee
Noting that Odisha has now become more than a 100 billion dollar economy, Odisha Finance Minister Bikram Keshari Arukha Thursday presented an interim budget of Rs 1.18 lakh crore for the first four months of the 2024-25 fiscal in the assembly. The state government has presented a vote-on-account instead of a full budget in view of the upcoming elections to the Lok Sabha and Odisha Assembly. The government estimated that the total budget outlay for the next financial year will be Rs 2.55 lakh crore, which is about 11 per cent more than the annual budget of 2023-24. Keeping in view the requirement of funds for expenditure on payment of salary, pension, interest payment, repayment of principal, relief, old age pension, scholarship of ST & SC students and other on-going scheme and programmes, a sum of Rs 1,18,000 crore is proposed in the vote on account, the minister said in the House. Of the total Rs 2.55 crore provision, Rs 1,03,500 crore has been allocated for administrative ...
In terms of percentage, revenue deficit amounted to 2.19 percent of the GSDP while the fiscal deficit was 4.18 percent
Catch all the latest updates from across the globe here
From jibes at Kharge's speech to accusation of dividing the country, Prime Minister launched a scathing attack against Congress ahead of the Lok Sabha 2024 elections
The Budget session of Parliament has been extended by a day till February 10, Lok Sabha Speaker Om Birla announced on Wednesday. The session, which began on January 31, was otherwise slated to end on February 9. Parliamentary Affairs Minister Pralhad Joshi had said on Tuesday that the government will table a 'white paper' comparing the state of the Indian economy before and after 2014, when the BJP came to power defeating the Congress. With the agenda items like the Finance Bill, budget discussion and demand for grants yet to be taken up by Parliament and the white paper also to be tabled, sources had said it was considered necessary to extend the session's duration by a day. Finance Minister Nirmala Sitharaman will present the 'white paper' to highlight the country's poor economic condition when the Congress-led UPA left power, as often charged by the government led by Prime Minister Narendra Modi, and how the incumbent dispensation brought the turn around. She will table it in b
On Monday, the PM expressed his confidence in the NDA alliance securing 400 seats in the upcoming general election 2024
Earlier last week, Congress MP Gaurav Gogoi gave an adjournment motion notice in the Lok Sabha and sought a discussion on the border situation
Parliament Budget Session 2024 Live Updates: Catch all the latest developments here
Prime Minister Narendra Modi said, 'I can see many in the Opposition have lost hope... strength to even fight elections'
The Uttar Pradesh government has allocated Rs 1,150 crore for the upcoming Noida International Airport at GautamBuddha Nagar in the budget for 2024-25. The announcement was made by UP's Finance Minister Suresh Kumar Khanna as he tabled the budget for the fiscal year in the state assembly on Monday. "A provision of Rs 1,150 crore is proposed for the establishment of an international airport and the purchase of land in Jewar of GautamBuddha Nagar district," Khanna said. Development is underway for phase one of Noida International Airport, which is scheduled to open for commercial operations by the end of this year. Earlier in his budget speech, Khanna said that with the inauguration of Maharishi Valmiki International Airport in Ayodhya, four international airports have become operational in the state and South Asia's largest international airport is going to open soon in Jewar, Noida. "With this, Uttar Pradesh will become the only state in India to have five international airports,"
A bill which seeks to deal sternly with malpractices and irregularities in competitive examinations, with provisions for a maximum jail term of 10 years and a fine up to Rs 1 crore was introduced in the Lok Sabha on Monday. The Public Examinations (Prevention of Unfair Means) Bill, 2024 was introduced by Union minister Jitendra Singh. Students will not be a target of the proposed law. It will act against organised gangs, mafia elements and those indulging in malpractices and will not even spare government officials found in collusion with them. The move comes against the backdrop of cancellation of a series of competitive tests such as the teacher recruitment exam in Rajasthan, Common Eligibility Test (CET) for Group-D posts in Haryana, recruitment exam for junior clerks in Gujarat and constable recruitment examination in Bihar following question paper leaks. The bill also proposes a high-level national technical committee on public examinations that will make recommendations to ma
A bill that seeks to amend laws relating to local bodies in Jammu and Kashmir was introduced in the Lok Sabha on Monday. Minister of State for Home Nityanand Rai introduced the bill on behalf of Home Minister Amit Shah. The Jammu and Kashmir Local Bodies Laws (Amendment) Bill, 2024, seeks to amend the Jammu and Kashmir Panchayati Raj Act, 1989; the Jammu and Kashmir Municipal Act, 2000; and the Jammu and Kashmir Municipal Corporation Act, 2000.
President Droupadi Murmu had addressed the joint sitting of Lok Sabha and Rajya Sabha on January 31, the first day of the Budget Session
Union Budget 2024 Live Updates: Catch all the latest updates here
The Brihanmumbai Municipal Corporation (BMC), India's richest civic body, on Friday presented a Rs 59,954.75 crore budget for the year 2024-25. The budgetary estimates this time are 10.5 per cent more than the 2023-24 amount of Rs 54,256.07 crore. The civic administration presented the budget to municipal commissioner Iqbal Singh Chahal, who was appointed as BMC administrator by the state government after the five-year term of corporators ended in March 2022. The budget estimates for the financial year 2024-25 are proposed at Rs 59,954.75 crore, which exceeds the budget estimates of 2022-23, that is Rs 54,256.07 crore, by 10.5 per cent, said the budget document. This is the second time after 1985 that the BMC administration has presented the budget to an administrator as the five-year term of its corporators has ended.
The All India Kisan Sabha also claimed that the allocation of resources for women and children, and for Scheduled Castes and Tribes, has also been cut drastically
Sitharaman announced that the government will continue its support for manufacturing and charging infrastructure
Cabinet approves marketing margins for domestic gas provided for fertiliser production
Leaders of several parties of the INDIA opposition bloc would meet here on Friday morning to chalk out their joint strategy during the budget session of Parliament. Sources on Thursday said the leaders would meet in the chamber of Leader of Opposition in the Rajya Sabha Mallikarjun Kharge at 10.30 am on Friday and discuss their joint strategy. Various parties of the Indian National Developmental Inclusive Alliance (INDIA) have been coordinating their floor strategy during Parliament sessions and have moved unitedly to corner the BJP-led Centre on various issues.