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
Budget
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UP budget 2012-13: Akhilesh focuses on fulfillment of assembly poll promises, targets 2014 Lok Sabha elections
LUCKNOW: Chief minister Akhilesh Yadav presented his first budget in the state assembly on Friday morning. The budget 2012-13 is of Rs 2 lakh crore, which is 18% higher than 2011-12 budget. The state government
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Petrol, CNG price hike rocks Delhi Assembly
Protesting against the proposed imposition of 5 per cent Value Added Tax on Compressed Natural Gas announced by Chief Minister Sheila Dikshit in the Delhi Budget 2012-13, the Bharatiya Janata Party members walked out of the Delhi Assembly on Tuesday. As soon as Question Hour began, Leader of Opposition V. K. Malhotra raised the issue of an alleged “leak” of the Budget papers and charged that some television channels had shown Delhi Government officials reading from the document while the Chief Minister was still presenting it in the House.
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Budget focuses on social sector
Apart from slashing 20 per cent VAT on the price of petrol in the city to bring it down by `1.26 per litre, the Delhi government, in its `33,436-crore Budget 2012-13 announced on Monday, gave the highest allocation to social sector spending. The huge significance to social sector spending in the Budget is apparently a step to win over sections disgruntled with the Congress as the party prepares for 2013’s Assembly polls.
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Petrol price to come down a bit in Delhi, CNG to go up
Announcing the proposal, Chief Minister Sheila Dikshit said her government would incur a burden of nearly Rs.140 crore in revenue on this count. However, it would be more than covering up for this loss by imposing five per cent VAT on Compressed Natural Gas, on which the entire public transport in the city now runs. The move is expected to result in a hike in auto-rickshaw and taxi fares. In her budget speech, Ms. Dikshit delved on how since the introduction of the VAT system in Delhi, CNG has always been exempted from its purview “though the same should be taxed @ 12.5 per cent as per the recommendations of the Empowered Committee of State Finance Ministers.”
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Food scheme for urban poor
With emphasis in the 12th Plan on the social services sectors for achieving more inclusive growth, the Delhi Budget has allocated Rs.9,796 crore or 65 per cent of the total Plan outlay of Rs.15,000 for 2012-13 on this sector. The money, Chief Minister Sheila Dikshit said, will be used for various social welfare schemes. These include the Dilli Annashree Scheme, under which two lakh vulnerable households would be provided food subsidy of Rs.600 per month as cash transfer. The amount would be paid to the senior-most female member of each household.
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Sheila writes her final test ahead of Assembly polls
Chief Minister Sheila Dikshit, who also holds the Finance portfolio, announced the “people-friendly” budget for financial year 2012-13 on Monday. To make Delhi a “caring city” Dikshit earmarked a substantial
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Delhi becoming a “good, caring city”
From “development with a human face” in the 12th Five Year Plan, Delhi will be moving towards becoming a “good, productive and caring city” in the 12th Plan that begins in 2012, Chief Minister Sheila Dikshit said as she presented the Delhi Budget for 2012-13 in the Assembly on Monday. Noting that in the years ahead special attention will be paid to the qualitative improvements of the vastly upgraded infrastructure, Ms. Dikshit said the city will also fulfil the needs of the productive and creative citizenry by looking at their training, skill up-gradation and financing needs.
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Sheila’s give & take: Petrol down 1.26, CNG up 1.77
2/3rd Plan Outlay Earmarked For Social Sector New Delhi: Petrol will cost Rs 1.26 less per litre, but CNG, which fuels public transport on Delhi’s roads, is set to get costlier by Rs 1.77 per kilogram.
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Delhi Budget Speech 2012-13 by Sheila Dixit
Read the Delhi Budget Speech delivered by Chief Minister Sheila Dixit for the financial year 2012- 2013. The year 2012-2013 is the first year of a new plan period, the Twelfth Five Year Plan (2012-2017).
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Proposal to hike duty on diesel cars on card
Amid widening price difference between petrol and diesel, the Finance Ministry is looking at the possibility of raising excise duty on diesel cars, a suggestion which was mooted long back by the Oil Ministry. "Hiking excise duty on diesel cars is still on the agenda. It was not taken up during the Budget. It will take some time. It will happen," a Finance Ministry official said.