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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Jaya may give nod to N-plant
Tamil Nadu chief minister J. Jayalalithaa has called a Cabinet meeting on Monday reportedly to discuss the report submitted by the expert panel that went into safety aspects of Koodankulam Nuclear Power Project. There is wide expectation CM may give a go-ahead to the plant. The expert committee has given a clean chit to the project, besides the state badly needs nuclear power to overcome its unprecedented electricity shortage.
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Renewable energy fund on the cards
New Delhi The government is considering setting up a separate corpus out of the existing national clean energy fund to help finance renewable energy projects. Finance minister Pranab Mukherjee is likely to announce this in the forthcoming Budget. The proposal is that the government will set up the corpus out of the money collected in the clean energy fund and, then, seek matching contributions from multilateral agencies like World Bank as well as the private sector, sources said.
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As mining income dries up, State may tap other sources
With the State’s revenue taking a beating due to the blanket ban on iron ore mining, the Finance Department (FD) has decided to make good the shortage by enhancing the rates of other non-tax revenue sources, including user charges on various services being provided by the State government. In a recent circular issued by the FD, heads of all departments have been directed to initiate steps to revise the rates of user charges and conduct a thorough review of all non-tax revenue sources. Besides, the FD has asked the department heads to launch a vigorous drive to collect arrears.
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BMC budgets Rs 100 cr for roads, drains
BHUBANESWAR: Bhubaneswar Municipal Corporation has earmarked ` 100 crore for roads and drainage repair for the fiscal 2012-13. BMC’s budget for 2012-13 fiscal was placed before the corporators and BMC
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Arunachal mulls Bill to conserve flora and fauna
Itanagar: Chief Minister Nabam Tuki, a known conservationist, is going to ink another record soon with the objective of protecting and conserving the rich flora and fauna of Arunachal Pradesh. The Arunachal Pradesh Forest & Wildlife Protection Bill, once it gets the nod of the assembly, would provide additional teeth to state’s environment & forest department (E&FD) to initiate tangible steps in that direction.
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Rs 38-cr plan to resurface Marine Drive stretch
The upmarket stretch of Netaji Subhash Chandra Marg, popularly known as Marine Drive, and one of Mumbai’s oldest roads to be built and later concretised, will soon get a new lease of life at a cost of
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710cr to fight TB next fiscal: Budget To Check Disease Sees 80% Rise Over Last Financial Yr
New Delhi: The annual budget to combat tuberculosis (TB), the deadly air-borne disease, for 2012-13 will see about 80% increase over last fiscal. While the country’s annual health budget is set to increase
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‘Odourless’ bio-toilets for Railways soon
Passengers travelling in long-distance trains will soon get respite from the stench of toilets with Railways set to replace them with "odourless" bio-toilets. With a view to providing more hygienic conditions,
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SSA asks for Rs 72 crore, MHRD gives Rs 54 crore
Chandigarh: The Ministry of Human Resource Development (MHRD) has sanctioned Rs 54 crore grant to Chandigarh Unit of Sarv Shiksha Abhiyan (SSA) for academic session 2012-13. Sarv Shiksha Abhiyan had put
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Rx: Growth boosters for the economy
This budget should put the economy on steroids by fixing the fisc. Economic developments since the last budget have shown that making advance assessments about the economic environment is challenging.