Budgeting for agriculture and food
The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year
The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year
Environmentalists have slammed finance minister P. Chidambaram’s decision to cut taxes on cars, with the fuel-guzzling SUVs enjoying the biggest slash. Not only will this trigger an increased deiselisation
Environmentalists on Monday criticized finance minister P Chidambaram for his budget proposal to cut taxes on cars — specifically the high-polluting diesel guzzler SUVs — and said the government was more
The budget proposal to “give relief” to the automobile sector by cutting excise duties on several segments of cars, including SUVs, could worsen air quality and hurt people’s health, environmental scientists
Increases food subsidy by a whopping Rs 23,000 crore As government seeks to roll out the food law, Finance Minister P Chidambaram today sought to raise total subsidies on fuel, food and fertilisers to over Rs 2.46 lakh crore in the 2014-15 fiscal.
He said over 29,000 MW of power generation capacity has been added in the current financial year alone The government today said the country's installed power generation capacity has more than doubled to 2,34,600 MW in the past 10 years.
Leaving direct taxes untouched, Finance Minister P. Chidambaram today slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables to boost manufacturing and growth. Read full text of the interim budget speech, 2014-15.
Investment of over Rs 35000 cr may be put on hold by industry Finance minister P Chidambaram's move to retain 5 per cent duty on export of pellets has deeply disappointed the iron ore mining industry. The industry, which was expecting duty withdrawal in the interim budget 2014-15, said the industry might consider closing down existing units and put on hold investment to the tune of over Rs 35,000 crore.
<p>Interim Budget 2014-2015 - Speech of P. Chidambaram. In the speect he stated that "The Global Risks 2014 report has mapped 31 global risks. Of highest concern are ten risks that include fiscal crisis, structurally high unemployment or underemployment, income disparity, governance failure, food crisis, and political and social instability. The challenges that we face are common to all emerging economies. 2012 and 2013 were years of turbulence. Only a handful of countries were able to keep their head above the water, and among them was India."</p>
<div> <b><img alt="" src="http://www.ciol.com/IMG/458/60458/dassaultchandan-370x264.jpg" style="width: 100px; height: 71px; margin: 7px; float: left;" />Dr. Chandan Chowdhury, Managing DIrector, India-
The Budget documents presented to Parliament comprise, besides the Finance Minister’s Budget Speech, the following: Annual Financial Statement (AFS); Demands for Grants (DG); Appropriation Bill; Finance