Cabinet approves additional allocation of ₹1,164 crore for industrial development scheme for Himachal, Uttarakhand
1 year, 3 months ago

Cabinet approves additional allocation of ₹1,164 crore for industrial development scheme for Himachal, Uttarakhand

The Hindu  

The Cabinet on Wednesday approved additional allocation of ₹1,164.53 crore for an industrial development scheme 2017 for Himachal Pradesh and Uttarakhand. Under this scheme, the total financial outlay was ₹131.90 crore, Union Minister Anurag Thakur told reporters in New Delhi. The cabinet has approved the central sector industrial development scheme 2017 for Himachal Pradesh and Uttarakhand for additional fund requirement to meet the committed liabilities under the scheme up to 2028-29. All eligible new and existing industrial units on their substantial expansion in the manufacturing and service sector located anywhere in Himachal Pradesh and Uttarakhand will be provided Central Capital Investment Incentive for access to credit at the rate of 30% of the investment in plant and machinery with an upper limit of ₹5 crore.

Uttarakhand Crore Cabinet Scheme Himachal Pradesh Additional Industrial Development Scheme  cabinet  himachal  pradesh  uttarakhand  crore  meet  fund  liabilities  units  2017  scheme  industrial  allocation  approves  additional  development

History of this topic

ELI proposals set to be moved to Cabinet soon
3 months ago

ELI proposals set to be moved to Cabinet soon

Hindustan Times  

The labour ministry will “very soon” move the Union Cabinet for its approval to the three employment-linked incentive proposed in the 2024-25 Budget -- steps aimed at boosting job opportunities and enhancing skills of an ever-growing workforce, labour and employment minister Mansukh Mandaviya has said. In her 2024-25 Budget speech on July 3, finance minister Nirmala Sitharaman announced job-creation and …

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go
5 months ago

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go

Hindustan Times  

The Budget allocated to Chandigarh, in the Union Budget 2024-25, presented by finance minister Nirmala Sitharaman on Tuesday, remains the same as the interim budget of ₹6,513 crore. A senior officer of the finance department said, “Our budget remains the same but now we can spend money on the announced projects as the cap has been removed.” At ₹6,513 crore, …

Budget 2024: Defence gets more at ₹6.22 lakh crore, boost for BRO’s projects
5 months ago

Budget 2024: Defence gets more at ₹6.22 lakh crore, boost for BRO’s projects

The Hindu  

Union Finance Minister Nirmala Sitharaman allocated ₹6.22 lakh crore for the defence sector in 2024-25 which is almost the same as in the interim Budget presented in February. Follow LIVE updates from the Union Budget 2024 on July 23, 2024 The allocation of ₹6.22 lakh crore for the defence sector is 4.79% higher compared to the Budget Estimates of last …

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister
5 months ago

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister

The Hindu  

Kerala Finance Minister K. N. Balagopal on July 23 slammed the 2024-25 Union Budget, calling it a “gimmick” and a “political exercise” solely intended to protect the interests of the BJP-led NDA government. “While the BJP opened its account in Kerala, Kerala’s account has been closed,” Mr. Balagopal remarked, in an apparent reference to the BJP candidate Suresh Gopi’s win …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Mahayuti tables demand of ₹95,000 crore to fund populist schemes ahead of polls
5 months, 2 weeks ago

Mahayuti tables demand of ₹95,000 crore to fund populist schemes ahead of polls

Hindustan Times  

Mumbai: Merely a week after the ₹6,12,293 crore budget for 2024-25 was presented, the state government tabled the supplementary demands of ₹94,889 crore, making it the highest ever in history. The supplementary demands mostly aim to finance the populist schemes announced in the budget in anticipation of the upcoming Assembly polls scheduled for October this year. Jayant Patil, former finance …

Maharashtra govt tables supplementary demands worth Rs 94889 crore in state assembly
5 months, 2 weeks ago

Maharashtra govt tables supplementary demands worth Rs 94889 crore in state assembly

New Indian Express  

MUMBAI: Maharashtra deputy chief minister Ajit Pawar, who is also finance minister, tabled Rs 94889 crore worth of supplementary demands on the floor of the House in the state assembly session. Interestingly, in the total Rs 94889 crore supplementary demand fund, Ajit Pawar led NCP ministers takes lion share in the state fund. In the total Rs 94889 crore worth …

Haryana: Nod to contracts and purchase items worth ₹2,352 crore
9 months, 2 weeks ago

Haryana: Nod to contracts and purchase items worth ₹2,352 crore

Hindustan Times  

The high-powered purchase panel of Haryana government on Monday gave ₹163 crore approval for the construction of elevated road with service road from Delhi-Agra National Highway to DND-Faridabad-Ballabhgarh bypass KMP link. Different purchase committees which met here under the chairmanship of chief minister Manohar Lal Khattar also accorded approval to contracts and purchases of various items worth more than ₹ …

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore
9 months, 3 weeks ago

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore

Hindustan Times  

MUMBAI: Finance minister Ajit Pawar on Tuesday presented a ₹6 lakh crore interim budget with a revenue deficit of ₹9,734 crore. While the government is aiming for a $1trillion state economy, its debt burden has reached ₹7.82 lakh crore after a net borrowing of ₹72,000 crore. The PM has announced welfare schemes for youth, women, the poor and farmers, which …

Assam govt presents ₹774.47 crore deficit budget; no new taxes proposed
10 months, 1 week ago

Assam govt presents ₹774.47 crore deficit budget; no new taxes proposed

Hindustan Times  

With no new taxes proposed, Assam finance minister Ajanta Neog on Monday presented the state’s ₹774.47 cr deficit budget for 2024-25 financial year. Addressing the ongoing budget session, Neog mentioned that the total budget for the coming financial year will be ₹2.9 lakh crore. If we take into account the deficit of ₹2369.41 crore at the start of the financial …

Interim Budget 2024: A little more for all labharathis? Focus on ‘core of core’ schemes
10 months, 3 weeks ago

Interim Budget 2024: A little more for all labharathis? Focus on ‘core of core’ schemes

Hindustan Times  

The interim budget on Tuesday raised allocations to the government’s six so-called “core of core schemes” to ₹1.12 lakh crore for 2024-25 from revised estimates of ₹1.08 lakh crore, an increase of 3%. These core of core centrally In her sixth straight budget, Sitharaman allocated ₹86,000 crore for the make-work MNREGS programme for 2024-25, which is the same as the …

Budget 2024: Saksham Anganwadi and Poshan 2.0 scheme gets ₹21,200 crore
10 months, 3 weeks ago

Budget 2024: Saksham Anganwadi and Poshan 2.0 scheme gets ₹21,200 crore

Live Mint  

New Delhi: The interim budget on Thursday provided a 3% boost to ₹21,200 crore, for the next financial year, for the women and child development ministry’s integrated Saksham Anganwadi and Poshan 2.0 scheme. “Upgradation of anganwadi centres under Saksham Anganwadi and Poshan 2.0 will be expedited for improved nutrition delivery, early childhood care and development.” Mint had reported on 18 …

Assam cabinet approves Rs 3K crore for 1,000-km-long economic corridor
1 year, 2 months ago

Assam cabinet approves Rs 3K crore for 1,000-km-long economic corridor

Deccan Chronicle  

Guwahati: The Assam cabinet has decided to embark upon an ambitious plan to set up an 1000-km long economic corridor with an investment of Rs 3000 crore. Informing that the cabinet also approved projects worth Rs 950 crore to improve rural infrastructure, he said that the fund will be obtained from NABARD as a loan. Apprising the key decisions of …

In Assam Budget, funds for creating two lakh entrepreneurs, 40,000 fresh government hirings
1 year, 9 months ago

In Assam Budget, funds for creating two lakh entrepreneurs, 40,000 fresh government hirings

The Hindu  

The Assam government on March 16 presented a ₹ 3.22 lakh crore Budget for the 2023-24 financial year, announcing funds for promoting micro-entrepreneurship and 40,000 fresh recruitments in various Departments. Presenting the Budget in the Assembly, Finance Minister Ajanta Neog said the government will invest ₹5,000 crore over the next three years to “transform” more than two lakh unemployed youths …

Centre approves ₹1,816 crore to 5 States affected by natural disasters
1 year, 9 months ago

Centre approves ₹1,816 crore to 5 States affected by natural disasters

The Hindu  

A high-level committee chaired by Union Home Minister Amit Shah has approved additional Central assistance of arms worth ₹1,816.16 crore under the National Disaster Response Fund to five States— Assam, Himachal Pradesh, Karnataka, Meghalaya and Nagaland, which were affected by flood, landslides and cloudburst in 2022. The HLC approved an additional Central assistance of ₹520.46 crore to Assam, ₹239.31 crore …

Andhra Pradesh attracts ₹13 lakh crore investment proposals at Global Investors Summit
1 year, 9 months ago

Andhra Pradesh attracts ₹13 lakh crore investment proposals at Global Investors Summit

The Hindu  

The opening day of the two-day first Global Investors Summit organised by the State Government attracted investments to the tune of ₹13 lakh crore involving 340 proposals, at Visakhapatnam on Friday. Jagan Mohan Reddy said that the investments would generate about six lakh employment opportunities in Andhra Pradesh, across 20 sectors. The JSW Group signed six MoUs, the largest amongst …

Budget 2023 | Changes in allocation for key schemes including MGNREGS, PM-Kisan, Ayushman Bharat
1 year, 10 months ago

Budget 2023 | Changes in allocation for key schemes including MGNREGS, PM-Kisan, Ayushman Bharat

The Hindu  

Finance Minister Nirmala Sitharaman on Wednesday, February 1, presented the last full budget of the Narendra Modi government before the 2024 general elections. Here’s a roundup of how the budgetary allocations for some of the key schemes have changed- MGNREGS: The government slashed the budget for its flagship rural employment scheme, the Mahatma Gandhi National Rural Employment Guarantee Scheme by …

Marginal hike in funds for Home Ministry, allocation for Census slashed by half - The Hindu
1 year, 10 months ago

Marginal hike in funds for Home Ministry, allocation for Census slashed by half - The Hindu

The Hindu  

In an indication that the census exercise — meant to be completed in 2021, but delayed because of COVID-19 — may not be conducted in 2023-24, the Union Budget allocation for the Census Survey and Statistics head has been slashed to ₹1,565 crore from the ₹3,676 crore allocated in 2022-23. Overall, the Ministry of Home Affairs has been allocated ₹1.96 …

Budget 2023 | ₹15,000 crore to be spent on development of tribals
1 year, 10 months ago

Budget 2023 | ₹15,000 crore to be spent on development of tribals

The Hindu  

Finance Minister Nirmala Sitharaman on Wednesday announced the Pradhan Mantri-PVTG Development Mission to focus on improving the overall socio-economic conditions of 75 Particularly Vulnerable Tribal Groups across the country, who live in around 31,000 villages of India’s 18 States and one Union Territory. “This will saturate PVTG families and habitations with basic facilities such as safe housing, clean drinking water …

Budget 2023: ₹79,000 crore set aside for PMAY, 65% higher than last year
1 year, 10 months ago

Budget 2023: ₹79,000 crore set aside for PMAY, 65% higher than last year

Hindustan Times  

Presenting the final full budget of the Modi government ahead of next year's parliamentary elections, Union finance minister Nirmala Sitharaman on Wednesday announced an outlay of ₹79,000 crore towards the Pradhan Mantri Awas Yojana. New Delhi: Union Finance Minister Nirmala carrying a folder-case poses for photographs outside the Finance Ministry at North Block, in New Delhi, Wednesday, Feb. 1, 2023, …

Six times more funds for improving infrastructure along China border in Arunachal: Government
2 years, 8 months ago

Six times more funds for improving infrastructure along China border in Arunachal: Government

The Hindu  

The government has allocated six times more funds for the development of infrastructure along the Sino-Indian border in Arunachal Pradesh -- from ₹42.87 crore in 2020-21 to ₹249.12 in 2021-22. Union Minister of State for Home Nityanand Rai said in Lok Sabha that ₹602.30 crore has been allocated in 2021-22 and Rs 355.12 crore in 2020-21 under the Border Infrastructure …

Centre allocates ₹73,000 crore for MGNREGA for 2021-22 fiscal
3 years, 4 months ago

Centre allocates ₹73,000 crore for MGNREGA for 2021-22 fiscal

Hindustan Times  

The Centre has allocated ₹73,000 crore at the Budget Estimate stage for the Mahatma Gandhi National Rural Employment Guarantee Scheme for the 2021-22 fiscal year. The allocated budget is 34% less than the revised estimate of ₹1,11,500 crore 2020-21 financial year, a statement released by the ministry of rural development on Tuesday revealed. “During the previous financial year 2020-21, at …

FinMin releases ₹45,000 crore to States as additional devolution on buoyant Q4 revenue mop-up
3 years, 8 months ago

FinMin releases ₹45,000 crore to States as additional devolution on buoyant Q4 revenue mop-up

The Hindu  

The Finance Ministry on Thursday said it has released ₹45,000 crore to the States as additional devolution in the 2020-21 fiscal following revenue buoyancy in the March quarter. As per the Revised Estimates for 2020-21, ₹5,49,959 crore, being 41 per cent of the shareable pool of taxes and duties were estimated to be released to the states. However, the Finance …

Uttarakhand CM presents ₹57,400 cr budget for FY22 with health, infra in focus
3 years, 9 months ago

Uttarakhand CM presents ₹57,400 cr budget for FY22 with health, infra in focus

Hindustan Times  

Uttarakhand Chief Minister Trivendra Singh Rawat on Thursday presented a ₹57,400.32 crore budget for 2021-22 in the Assembly here with emphasis on health, rural infrastructure, education, employment generation and agriculture. A provision of ₹245 crore has been made in the budget for payment of sugarcane prices besides that of ₹87.56 crore under Traditional Agricultural Development Scheme to double the farmers' …

Cabinet nod to Rs 59,000 core investment in Post-Matric Scholarship Scheme for SC students
4 years ago

Cabinet nod to Rs 59,000 core investment in Post-Matric Scholarship Scheme for SC students

India TV News  

The Cabinet Committee on Economic Affairs on Wednesday approved changes in the centrally Of the total investment of Rs 59,048 crore approved by the Cabinet chaired by Prime Minister Narendra Modi, 60 per cent, which amounts to Rs 35,534, would be spent by the Centra and the rest by the state govenrment. The focus of the scheme would be on …

Nirmala Sitharaman announces Rs 2.65 lakh crore Atmanirbhar Bharat package to incentivise job creation, boost real estate
4 years, 1 month ago

Nirmala Sitharaman announces Rs 2.65 lakh crore Atmanirbhar Bharat package to incentivise job creation, boost real estate

Firstpost  

The finance minister also announced a credit guarantee support scheme for the health care sector and 26 sectors stressed due to COVID-19 as well as a Production Linked Incentive worth Rs 1.46 lakh crore for 10 champion sectors Finance Minister Nirmala Sitharaman on Thursday announced a Rs 2.65 lakh crore stimulus package to boost the coronavirus hit-economy and ramp up …

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