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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Focus on waste management, water
Thrikkakara municipality has passed a surplus budget of Rs.12.09 crore for the 2012-13 fiscal here on Thursday. The budget presented by vice-chairperson Shereena Shukoor envisages an income of Rs.87.79 crore against an expense of Rs.71.20 crore. The budget earmarks Rs.1 crore to buy land for solid waste treatment in the municipality faced with the task of handling piled up garbage. It further sets apart Rs.25 lakh each for spreading earth over the dumped waste and for other ancillary expenses, including wages of workers.
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Budget focuses on strengthening drinking water supply
The Kottayam Municipality has provided thrust towards strengthening the distribution of drinking water and the waste management system through its budget estimate for 2012-13. The budget, presented by Municipal vice-chairperson and chairperson of the Standing Committee on Finance Mayakutty John, and approved by the Municipal Council on Thursday, expects a total revenue of Rs. 66,24,84,673 and a total expenditure of Rs. 61,18,85,805, with a surplus of Rs. 5,05,98,868.
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Thrissur budget envisages plans for waste management
Finding a permanent solution to the three-decade-old waste management problem of Thrissur city is the main agenda of the corporation, Deputy Mayor Subi Babu has said while presenting the annual budget for 2012-13. The budget has earmarked Rs. 3 crore for the waste management project. Efforts will be taken to get maximum funds from the State government.
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World Bank to fund new farm project in Rajasthan
The World Bank has approved a funding of $109 million (Rs.545 crore) for a new agricultural competitiveness project in Rajasthan set to improve farm productivity through sustainable and efficient use of water resources. The project, for which Chief Minister Ashok Gehlot made an announcement in the previous year's Budget, was sanctioned at a World Bank board meeting in Washington on Tuesday.
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Wage rate under MGNREGA revised
The Centre on Monday revised the wage rate under the Mahatma Gandhi National Rural Employment Guarantee Act and has decided to amend the Act to remove the existing disparity in minimum wage even as the matter is scheduled to come up before the Supreme Court on April 9. The revision in the wage rate indexed to the Consumer Price Index for Agricultural Labour (CPIAL) will come into effect on April 1 and will prevail for the year 2012-13. It varies from State to State depending on the specific prevailing CPIAL and will entail an additional burden of Rs.472 crore on the Central exchequer.
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Cars, jeeps, cooking gas to become dearer in Maharashtra
The Maharashtra government is set to implement some harsh monetary steps from next month, as finance minister Ajit Pawar envisaged a raise in tax rates across sectors in the 2012-13 budget presented on Monday. The proposals are expected to mobilise an additional Rs 600 crore, and make the state revenue-surplus by Rs 152.5 crore by the end of the coming financial year.
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Government announces amnesty scheme for power consumers
The Maharashtra government, caught between the rising mismatch between demand and supply of power and deteriorating finances of power utilities, has introduced an amnesty scheme for payment of dues by consumers. The scheme would be applicable for the recovery of pending electricity bills for various drinking water schemes.
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Goa slashes petrol price by 11
Porvorim: Petrol in Goa will be cheaper by Rs 11 from April 2, housewives with annual incomes below Rs 3 lakh will get a monthly allowance of Rs 1,000 and the price of cooking gas has been fixed for the
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Japanese aid to be sought for bolstering power transmission network
Compact Fluorescent Lamps (CFL) to be provided free to 14.62 lakh huts A proposal aimed at strengthening the power transmission network at a cost of about Rs.3,573 crore has been sent by the State government to the Union Ministry of Economic Affairs for seeking financial assistance from the Japan International Cooperation Agency (JICA).
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59 industries in Maharashtra fined for hazardous waste
The Maharashtra Pollution Control Board (MPCB) has fined 59 industrial units for unlawfully storing and disposing large quantities of hazardous waste on their premises. The industries have been asked by MPCB to pay the fine (amount not specified) and have been directed to send the hazardous waste to common treatment facilities, the 2011-12 Economic Survey of the state, which was tabled in the ongoing Budget session of the legislature, said.