Page 25 - Budget

New rules for Goa casinos soon, says CM Sawant during Budget speech

New rules for casinos, including off-shore ones, will be notified soon under the Goa, Daman and Diu Public Gambling Act, an official said in Panaji on Thursday. The announcement was made by Goa Chief Minister Pramod Sawant during his Budget speech in the Assembly on Wednesday, the official said. The rules will streamline the sector and also speak of giving power of issuing tickets to the 'Gaming Commissioner', he said. Goa has six off shore casinos, while several five-star hotels also operate casinos.

SGPC passes budget of Rs 1138.14 cr for FY 2023-24 in its general meeting

The Shiromani Gurdwara Parbandhak Committee on Tuesday passed a budget of Rs 1,138.14 crore for the financial year 2023-24 during its general meeting here, officials said. In one of the resolution passed during the meeting, the body condemned arrest of Sikh youths who during a recent police crackdown against radical preacher Amritpal Singh and his aides. The SGPC said the Sikh youths who were arrested, would be provided legal aid by the body. SGPC general secretary Gurcharan Singh Grewal presented the budget which was passed by the SGPC members. Head granthi (Priest) of the Harmandar Sahib (Golden Temple) Giani Jagtar Singh, Jathedar of Takht Kesgarh Sahib Giani Raghbir Singh, SGPC president Harjinder Singh Dhami, SGPC office-bearers and members were present during the budget meeting. Sharing information after the budget meeting, Dhami said the SGPC budget has recorded a 17 per cent increase as compared to last year. The SGPC president said a special amount has been arranged for

Special meeting for civic budget to be held on March 28, says MCD

A special meeting has been convened at the MCD headquarters on March 28 to discuss and deliberate on the civic budget, officials said on Saturday. As required by norms, the civic budget is to be cleared by March 31. The MCD passed the "schedule of taxes" in the civic budget for 2023-24 on February 15. But, the remaining budget process was stalled as the standing committee of the civic body is yet to be elected. The Municipal Corporation of Delhi is "exploring options" to have the remainder of the civic budget cleared by March 31, official sources said on Friday. The MCD on Saturday said in a statement, the special budget meeting" of MCD for budget proposals for the revised estimates for the year 2022-2023 and 2023-2024 would be held on Tuesday at Aruna Asaf Ali Meeting Hall at 2 pm. Earlier, the MCD had also written to the Delhi government to seek permission to call a special session for clearing the budget before March end. If the entire budget doesn't get passed by March 31, t

Approval to Budget without discussion is worst message, says Chidambaram

Senior Congress leader and former finance minister P Chidambaram Friday said the "worst message" from a parliamentary democracy is approval to a budget without discussion. His remarks came a day after the Lok Sabha approved the Union Budget envisaging an expenditure of around Rs 45 lakh crore for the fiscal year starting April 1 without any discussion. "The worst message from a parliamentary democracy is to approve a Budget without discussion," Chidambaram said in a tweet. "Rs 45,03,097 crore will be raised and spent for the 'people' in 2023-24 without the people's representatives offering their views on the Budget," he said. The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and opposition MPs' verbal duel over their respective demands for an apology by Rahul Gandhi over his remarks in the UK and a joint parliamentary committee probe into the Adani issue continued. Most of the second leg of the Budget Session

MEA's budget insufficient despite India's ambitions for influence: Rpt

The Ministry of External Affairs (MEA)'s budget remains insufficient despite India's ambitions for global influence, according to the parliamentary report by External Affairs Committee

Kailash Gahlot presents Rs 78,800-cr Budget for 2023-24 in Delhi Assembly

Finance Minister Kailash Gahlot on Wednesday presented a Rs 78,800 crore budget in the Delhi Assembly for the financial year 2023-24. The Delhi government's budget size for 2022-23 was Rs 75,800 crore and Rs 69,000 crore in the previous year. This was the first time that Gahlot presented the budget after getting charge of the finance department following the resignation of deputy chief minister Manish Sisodia who was arrested by the CBI in connection with the Delhi excise policy scam case. "I would have been happier if it this budget was presented by Manish Sisodia who is like my elder brother. The budget is an expression of expectations and aspirations of the people," Gahlot said in his budget speech. The minister said the budget is dedicated to a clean, beautiful and modern Delhi. This is the ninth consecutive budget of the Aam Aadmi Party (AAP) government. "Every possible help will be given to the MCD to remove the three mountains of garbage in Delhi. We will connect all colon

Work done by Sisodia will be carried forward at double speed: CM Kejriwal

Chief Minister Arvind Kejriwal on Wednesday said that Delhiites are "missing" Manish Sisodia on the day of budget presentation, and asserted that the work started by the former minister will be carried on at double the speed. This time, the budget will be presented by Finance Minister Kailash Gahlot, who was given charge of the finance department after resignation of deputy chief minister Sisodia. Sisodia, who was arrested by the CBI in connection with the Delhi excise policy scam case, had been presenting the AAP government''s budget ever since the party came to power in Delhi. "Today Delhi's budget will be presented. Delhiites are missing Manish ji very much today. But the work started by him will not stop. The work done by him will be carried forward with double the speed," Kejriwal said in a tweet in Hindi. The Union Home Ministry approved the Delhi Budget on Tuesday following a clarification from the AAP government, paving the way for its presentation in the Assembly.

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After LG's concerns, Centre asks Kejriwal govt to resubmit Delhi budget

The Home Ministry sources dismissed the allegations, adding that the MHA has instead sought clarification from the Delhi govt as its budget allocation was focussed on advertisement rather than infra

Budget file received at 9:25 pm, approval sent back at 10:05 pm: LG House

An official at the L-G House said that Saxena had approved the Annual Financial Statement 2023-2024 with certain observations and the file was sent back to the Chief Minister on March 9

Tamil Nadu revenue deficit down 52%, says budget hailing welfare measures

Financial Minister increases commitment to programmes for women, students and health insurance

Tamil Nadu govt presents Budget, says revenue deficit on decline

The Tamil Nadu government on Monday presented its Budget 2023-24 in the Assembly and said reform initiatives have led to a reduction in revenue deficit from about Rs 62,000 crore to Rs 30,000 crore. Finance Minister Palanivel Thiaga Rajan, tabling the Budget said that owing to the unprecedented and difficult reforms undertaken, "we have reduced the annual revenue deficit of around Rs.62,000 crore which we inherited on assuming office (May 2021), to around Rs30,000 crore in the Revised Estimates of the current year." This is notwithstanding the several "massive welfare schemes" that are being implemented during the last two years, he said. Fare free travel for women in State-run buses, breakfast scheme for government school students are among the several schemes being implemented. Even as Rajan began his address, the principal opposition AIADMK attempted to raise issues which led to a din for a while. The Minister announced setting up of a hi-tech 'global sports city' in Chennai, R

Announcements in Budget attempt of Cong to fulfil personal interests: Raje

Senior BJP leader Vasundhara Raje on Friday termed the budget announcements made by Rajasthan Chief Minister Ashok Gehlot an attempt to fulfil "personal political interests". "The new announcements of the Congress government are just an attempt to fulfil their personal political interests. In this effort, he has put the entire economic system of Rajasthan at stake. The consequences of which will have to be borne by the people of the state and the state in the years to come," she said in a statement. The former chief minister said many important facts have been ignored in the process of creating new districts and people would have to face administrative complications. Gehlot on Friday announced his government's decision to form 19 new districts and three new divisions in the state, earmarking Rs 2,000 crore for development of infrastructure for them. The chief minister has tried to politicise the budget and put fiscal indicators of the state at stake, which is unfortunate, Raje said

States' capital budgets: Spending, classification can be variable exercise

Most of the other major states, including Gujarat, Uttar Pradesh, Karnataka, Kerala, Rajasthan, Telangana and Haryana, hew close to either extreme

Uttarakhand FM Premchand presents Budget of Rs 77,407 crores for 2023-24

Uttarakhand Finance Minister Premchand Aggarwal on Wednesday presented a budget with a total income expenditure of Rs 77,407 crores for the financial year 2023-24

Delhi govt's 2023-24 Budget outlay could be close to Rs 80,000 cr

With boosted tax revenue, the Delhi government's budget outlay for 2023-24, to be tabled in the upcoming assembly session, may be close to Rs 80,000 crore, officials said on Wednesday. The tax collection of the government in the current and the next financial year is expected to remain as per estimates, they said The annual budget size of the government for 2022-23 was Rs 75,800 crore and Rs 69,000 crore in the year earlier. The budget session of Delhi assembly will start on March 17 with Lt Governor VK Saxena addressing the House.The budget will be presented on March 21 and it will be preceded by an Outcome Budget of the government. Finance Minister Kailash Gahlot will present his first budget in the assembly. He was given charge of the department after the resignation of deputy chief minister Manish Sisodia who was arrested by the ED in connection with the Delhi excise policy scam case. "Budget preparation is exciting but a very time consuming exercise. Days are filled with end

Parliamentary panel raises concerns over budget cuts for MGNREGA scheme

Even as a parliamentary standing committee raised concerns over the reduced fund allocation for the MGNREGA scheme, the government said there is "no dearth of money" if the demand arises for wage employment. The Standing Committee on Rural Development, which submitted its report in the Rajya Sabha on Wednesday, said the budget estimates for MGNREGS have been reduced by Rs 29,400 crore for 2023-24 when compared to the revised estimates of 2022-23. "The Act governing the Mahatma Gandhi National Rural Employment Guarantee Scheme provides Right to Work' to such deprived sections of the rural populace who are willing to work. It is a last resort of succour for the jobless section who don't have any other means to feed them and their family members," the report said. "The role and importance of MGNREGA were visible during the corona pandemic times when it acted as a ray of hope for the needy in times of distress," it said. The ministry, in its response, stated that the scheme is ...

Puducherry CM N Rangasamy announces monthly LPG subsidy of Rs 300

The Puducherry government on Monday announced a Rs 300 monthly LPG subsidy for the people of the union territory, earmarking Rs 126 crore for the scheme. Chief Minister N Rangasamy made the announcement in the UT budget presented for the year 2023-24. Rangasamy, who detailed the achievements of various departments said the government had earmarked Rs 126 crore for implementing the scheme to provide the subsidy of Rs 300 for all families for one cylinder a month. He presented a Rs 11,600 crore tax free budget. The LPG subsidy initiative would benefit all families possessing family ration cards. The CM said the government would also hold a "World Tamil Conference" here with the participation of Tamil scholars from various countries. A national conference would also be conducted as a highlight of celebration of the 150th birth anniversary of Sri Aurobindo "to propagate his thoughts, philosophy, research on yoga and literature." Further, the government would deposit Rs 50,000 under

Sitharaman to present J-K budget in LS today as 2nd leg of session begins

Finance Minister Nirmala Sitharaman on Monday will present the budget for 2023-24 for the union territory of Jammu and Kashmir in the Lok Sabha

94% expenditure marked for road, bridge, infra projects in MMRDA budget

The Mumbai Metropolitan Region Development Authority's budget for fiscal 2023-24 was presented by Metropolitan Commissioner SVR Srinivas on Friday, with 94 per cent of expenditure earmarked for road and bridge projects, public transport and other infrastructure development works. As per an MMRDA release, the total estimated receipt is Rs.23,689.77 crores, including a loan from the Maharashtra government, while the total estimated expenditure is Rs. 28,704.98 crore, leaving a deficit of Rs 5,014.41 crore. It was presented in the MMRDA's 15th meeting in the presence of Chief Minister Eknath Shinde and his deputy Devendra Fadnavis. Srinivas also presented a revised budget of MMRDA for 2022-23 with estimated total revenue of Rs.14,535.39 crore and total expenditure estimated at Rs.15,452.98 crores. Both the budgets were approved in the meeting, the release informed. "Out of total estimated expenditure for 2023-24, 94 per cent, or Rs.27,079.69 crore, will be spent on Road and Bridge ...