Page 18 - Union Budget 2016

Ahead of presenting Budget 2016, Jaitley to meet economists on Saturday

Officials confirmed the 90-minute meeting, but refused to say what the agenda was

Budget 2016 : Food ministry seeks $14 billion in subsidies for 2016/17

After missing several deadlines, most states will roll out the NFSA, which promises ultra-cheap rice and wheat to 67% of India's 1.2 billion people, from April 1

Rupee, bonds slump ahead of budget on fiscal deficit concerns

The Indian Railways will spend 1.21 trillion rupees ($17.63 billion) towards capital expenditure for the year starting in April 2016, compared with 1 trillion rupees last year

Govt hopeful of passage of real estate Bill this session: Venkiah Naidu

In reply to a query, Naidu said the legislation would not encroach upon the rights of the states

Spectrum sale can help meet FY17 3.5% fiscal gap target: India Ratings

The infrastructure sector is likely to be a priority, but the government needs to provide alternative avenues for infra funding

Budget 2016: Food Ministry seeks 1.4 lakh cr as subsidy for FY17

According to sources, the overall demand of Union Food and Consumer Affairs Ministry is about Rs 1.82 lakh crore

A quiet Budget: Samar Jha

The second Budget presented by Railway Minister Suresh Prabhu has left many citizens flummoxed. Is this a good or bad Budget? How can it not be good when fares and freight have not been increased! However, not announcing any new trains or project is bad and contrary to the stated objective of providing better and increased rail services. The Budget can be variously described as insipid, lack-lustre or non-populist. But what is the truth?The figures first. Contrary to rumours of poor freight loading and depressed passenger numbers leading to plummeting revenues in the current year, Prabhu seems to have taken out a genie from his bag and fixed the revised target for operating ratio (OR) at 90 per cent. To make the projections even more curious, the OR target for 2016-17 has been pegged at 92 per cent despite the projected massive payouts from the Seventh Pay Commission award. How has this magic been achieved?The minister explains that cost cutting has released an additional Rs 8,724 cror

New Slogans: Epithets, fancy acronyms mask disappointing facts

Trapped in the 'rhetoric of his own government'

'Pressing engagements' spur Jaitley to cancel pre-Budget meeting

The meeting generated curiosity with some saying the FM is doing so to get a grip on some quick-fix measures to package a bitter pill for the economy

Start-ups hope budget will follow up on Modi's promises

Implementation of nationwide GST will help in simplifying tax structure, said Navneet Singh, co-founder, PepperTap

Rail Budget 2016: Mumbai spared fare hikes

Churchgate-Virar and CSTM-Panvel high speed corridors accelerated; MUTP III gets in principle nod from NITI Aayog

New initiatives: Digital push to put passenger traffic back on growth track

Super-fast service for unreserved passengers, Wi-Fi, children's menu to stem fall in users

Union Budget may toe the line on pay panel proposals

In his Rail Budget speech on Thursday, Prabhu budgeted the pension outgo for the country's largest employer at Rs 45,500 cr and said that the Budget provides for the implementation of the 7th CPC award

Prabhu's freight corridors dream hinges on GST

FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high

Why you should forget a dream budget this year

Just a budget, which is clear in math and good in intent will be good enough for now

Rail budget evokes mixed reaction in Koraput, Malkangiri

People are dejected since neither any new train has been announced from Koraput to Bhubaneswar nor any existing train extended to the area

Decorated epithets & fancy acronyms mask disappointing facts

Alliterations, acronyms and poetry marked his speech as he comfortably skipped the finer budget details

Railway Restructuring: Fresh start, with revamped Board

Prabhu proposes setting up of regulator, collaboration with foreign railways

Rail Budget 2016: Plan size increased by Rs 21,000 cr

Railways to finance the plan largely through extra-budgetary sources like JVs with states, developing new frameworks for PPP etc

Rail Budget 2016: Better journey for same price promised

The rail ministry cuts growth target for the next financial year