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Tuesday, March 19, 2024
TopicBudget

Topic: budget

Haryana budget walks path of fiscal discipline, while also providing numerous pre-election subsidies

CM unveiled a slew of measures including farm loan waivers, free bus travel, and higher ex gratia for kin of battle casualties, while also claiming higher GSDP growth & lower debt ratio.

Badaga & Saurashtra — story of 2 languages Tamil Nadu govt aims to help preserve

Badaga is a Dravidian language spoken in Nilgiris, while Saurashtra is an Indo-Aryan language spoken by people whose ancestors migrated from Gujarat centuries ago.

Punjab Budget to be presented on 5 March

The Budget session is set to commence on 1 March with the governor's address and budget estimates to be conducted on 6 March.

‘Centre gives only Rs 21 per Rs 100’ — Kerala minister questions ‘neglect’ of state in budget speech

Total tax revenue includes Kerala’s eligible tax share from tax collected by Centre, says finance minister. Compared to Kerala, UP gets Rs 46 out of Rs 100 from the Centre, he adds.

BMC tables highest ever annual budget of Rs 59,954-cr for Mumbai, special focus on infra & clean air

Focus on Green Budget, Mumbai beautification among key takeaways. Shiv Sena (UBT)'s Aadtiya Thackeray suspects civic body will impose toll or taxes after polls to sustain infra works.

Govt to form panel to examine challenges of fast population growth, Sitharaman says in budget speech

Panel to be mandated to make recommendations in relation to ‘Viksit Bharat’ goal, adds finance minister. According to UNFPA, India's overtaken China to be world's most populous country.

CISF trains for Parliament security, likely to guard complex during Budget session

No clarity yet on whether CISF will replace any of the pre-existing forces such as Parliamentary Security Service (PSS), CRPF and the Delhi Police.

More borrowings, hike in excise — in Karnataka budget, bid to bankroll Congress’s 5 poll promises

CM Siddaramaiah has earmarked Rs 52,000 cr of total outlay of over Rs 3.27 lakh cr for this purpose, adding pressure to a state that has seen its liabilities grow at a rapid pace.

Reaping literal dividends — why Indian govt is reworking its disinvestment strategy

Dept of Investment & Public Asset Management secretary Tuhin Kanta Pandey says govt is trying to strike a balance between earning revenue through dividends & disinvestment receipts.

AAP’s budget for debt-hit Punjab factors in another Rs 50,000 cr in loans, grant promised for women missing

Total expenditure up by 26% more than last yr. Punjab's burgeoning debt remains a concern as budgetary estimates risk pushing it to over Rs 3.47 lakh crore, or 46.8% of GSDP.

On Camera

Move over Ed Sheeran, Rihanna. The only pop star India wants more of is Diljit Dosanjh

Sheeran’s concert in Mumbai on Saturday was a roaring success. But the most viral moment was when Dosanjh joined him, and brought the house down.

Complaints to RBI ombudsman up 68% in FY23, banks biggest cause for customer grievances

Data shows large public sector banks received highest number of complaints in absolute terms, but fared better than several private banks when looked at on complaints-per-branch basis.

Tiger Triumph-24 — India-US tri-services exercise to boost coordination begins

The exercise will be simulated to undertake HADR operations in a ‘friendly island nation’, where troops will execute amphibious landing ops.

CAA comes not with a bang, but with a whimper. Without NRC, it will fade into academic debate

For BJP, CAA was strategic move that did not quite work out because those it would benefit could’ve been accommodated under existing laws, and new entrants would remain excluded.