Budget 2024 | Road sector budget sees a nominal hike of 2.7%
11 months, 1 week ago

Budget 2024 | Road sector budget sees a nominal hike of 2.7%

The Hindu  

After a massive jump in allocation every consecutive year in the recent past, this year’s budgetary allocation for the road sector saw a measly 2.7% increase. The Interim Budget set aside ₹2,78,000 crore for the Ministry of Road Transport and Highways as compared to the ₹2,70,434 crore in the budget estimate for this fiscal. Of the total budgetary grant, ₹1,68,464 is for investment in NHAI for the development of national highway corridors under Bharat Mala Pariyojana. Separately, a sum of ₹78,349 crore has been set aside for road works, which includes six landing of crowded sections of the Golden Quadrilateral, road development in Naxal-hit areas and provisioning of last-mile connectivity through State government’s Public Works Department.

Budget Road  27  sees  budget  road  total  set  2024  pariyojana  crore  saw  nominal  works  hike  allocation  sector

History of this topic

Budget: 10% increase in capex allocation likely for road, railways ministries in FY26
3 days, 14 hours ago

Budget: 10% increase in capex allocation likely for road, railways ministries in FY26

Live Mint  

New Delhi: The Centre proposes to keep its focus on rapid infrastructure growth in the next financial year, with plans to push capex allocation for the ministries of road transport and highways, and railways in the upcoming budget by upto 10%, two persons aware of the development said. Private investment BoT projects allow private sector bidders to take construction risk …

UP government presents 2nd supplementary budget of RS 17865.72 crore
3 weeks, 3 days ago

UP government presents 2nd supplementary budget of RS 17865.72 crore

Hindustan Times  

[email protected] Finance Minister Suresh Khanna presenting a supplementary budget The UP government on Tuesday presented its second supplementary budget of ₹17865.72 crore for 2024-2025, including additional provisions for sprucing up the energy sector, making Prayagraj Mahakumbh secure and magnificent, creating development infrastructure, providing additional funds for maintenance of cows and ensuring the sanctity of examinations. The size of the second …

Centre seeks Parliament nod for net extra spending over ₹44,100 crore
4 weeks, 1 day ago

Centre seeks Parliament nod for net extra spending over ₹44,100 crore

Live Mint  

New Delhi: The finance ministry on Thursday sought Parliament's approval for net extra spending of ₹44,143 crore in the current financial year for administrative and subsidy requirements, showed the first supplementary demands for grants tabled in the House. The net additional spending of ₹44,143 crore is unlikely to have a big impact on the government’s fiscal deficit target of ₹16.1 …

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout
1 month ago

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout

Deccan Chronicle  

The Odisha Legislative Assembly on Thursday evening approved the Appropriation Bill, 2024, authorizing the government to utilize ₹12,156 crore from its consolidated fund for the remaining months of the 2024-25 fiscal year. The session was marked by a walkout from the opposition BJD and Congress.Chief Minister Mohan Majhi, who also handles the finance portfolio, had presented the supplementary budget of …

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget
1 month, 4 weeks ago

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget

Hindustan Times  

The Telugu Desam Party-led National Democratic Alliance government in Andhra Pradesh on Monday presented its first full-fledged budget of ₹2,94,427 crore for 2024-25, five months after coming to power. Finance minister Payyavula Kesav told the state legislative assembly that the budget included revenue expenditure of ₹2,35,916 crore and capital expenditure of ₹32,712 crore. The NDA government under chief minister N …

Cabinet approves ₹6,456 crore for three Railway projects
4 months, 2 weeks ago

Cabinet approves ₹6,456 crore for three Railway projects

The Hindu  

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved three projects of Ministry of Railways with total estimated cost of approximately ₹6,456 crore. The three projects covering seven Districts in four States - Odisha, Jharkhand, West Bengal, and Chhattisgarh will increase the existing network of Indian Railways by about 300 kilometres. New Line projects …

Need a budget that focuses on demand creation
5 months ago

Need a budget that focuses on demand creation

New Indian Express  

No budget will ever satisfy everyone. The ‘dream budget’ of 1997, which brought in a slew of reforms including reduction of tax rates, liberalised import, greater freedom for foreign investors, voluntary disclosure of undeclared income and the beginning of disinvestment in the public sector, is considered to be a pinnacle of performance for a finance minister. Years later, I was …

Union cabinet approves 8 major highway projects worth ₹50,655 crore
5 months, 1 week ago

Union cabinet approves 8 major highway projects worth ₹50,655 crore

Op India  

The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the development of eight access-controlled national highway projects with a total length of 936 km. The eight projects are 6-Lane Agra-Gwalior highway, 4-Lane Kharagpur – Moregram, 6-Lane Tharad – Deesa – Mehsana – Ahmedabad, 6-Lane Tharad – Deesa – Mehsana – Ahmedabad, 4-Lane Section between Pathalgaon and Gumla of …

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
5 months, 1 week ago

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman

Live Mint  

The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by FY26, Union finance minister Nirmala Sitharaman told Parliament on Tuesday, addressing concerns raised by the Opposition on the budget. Sitharaman also outlined the government’s budgetary allocations for social sector welfare schemes, public capex, expenditure on …

What’s the Budget push for infrastructure?
5 months, 2 weeks ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development
5 months, 2 weeks ago

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development

Deccan Chronicle  

Bhubaneswar: The Bharatiya Janata Party-led Odisha government on Thursday presented Rs.2.65 lakh crore budget for the financial year 2024-25 with more special focus on agriculture, infrastructure, welfare and Odia Asmita. Presenting the budget, Chief Minister Mohan Charan Majhi, who also holds the finance portfolio, proposed the administrative expenditure at Rs 97, 725 crore and the programme expenditure of Rs 1,55,000 …

Budget 2024: Placing thrust on infrastructure
5 months, 2 weeks ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: Government keeps focus on critical areas
5 months, 2 weeks ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

The world is witnessing unprecedented disruptions and uncertainty. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job creation and skill development; and enhancing the purchasing power of both urban and rural Indian consumers. The announcements by the Finance Minister of schemes such …

Budget 2024: Growth, reforms and infrastructure
5 months, 2 weeks ago

Budget 2024: Growth, reforms and infrastructure

The Hindu  

The 2024 Budget signals policy continuity. Specifically, the Budget focuses on these key priorities - resilient agriculture, promoting skill development, driving employment and inclusivity, accelerating infrastructure development, energy security, fostering innovation and progressive reforms. Focus on infrastructure The government has earmarked an impressive capital expenditure of over ₹11 lakh crore, equivalent to 3.4% of the GDP, towards infrastructure development. By …

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go
5 months, 2 weeks 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: With ₹2.65 lakh crore outlay, Railways to prioritise safety
5 months, 2 weeks ago

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety

The Hindu  

The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget documents. The total outlay provided for capital expenditure includes ₹2.52 lakh crore from general revenues, ₹200 crore from Nirbhaya Fund, ₹3,000 crore from internal resources …

Budget 2024: Meagre hike in funds for minority affairs
5 months, 2 weeks ago

Budget 2024: Meagre hike in funds for minority affairs

The Hindu  

The Ministry of Minority Affairs has seen a mere 2.7% increase, from funds allocated in the previous year’s Budget Estimate, for the financial year 2024-25 in the Union Budget presented on Tuesday. Live updates from the Union Budget 2024-25 on July 23, 2024 The BE for the coaching and allied schemes for minorities has been slashed from ₹30 crore in …

Budget 2024: Defence gets more at ₹6.22 lakh crore, boost for BRO’s projects
5 months, 2 weeks 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 …

The budget echoes the Developed India vision
5 months, 2 weeks ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

Budget 2024: Agriculture gets higher allocation; fertilizer, food subsidies slashed, farmers express concern
5 months, 2 weeks ago

Budget 2024: Agriculture gets higher allocation; fertilizer, food subsidies slashed, farmers express concern

The Hindu  

Maintaining that enhancing productivity and resilience in agriculture is her priority, Union Finance Minister Nirmala Sitharaman allocated ₹1.52 lakh crore for farming and allied sectors in the first Budget of the third Narendra Modi government on Tuesday. The total allocation for the Department of Agriculture and Farmers Welfare is ₹1,22,528.77 crore. In the Revised Estimates in 2023-24, the amount was …

Government cuts borrowing target to ₹14.01 lakh crore for 2024-25
5 months, 2 weeks ago

Government cuts borrowing target to ₹14.01 lakh crore for 2024-25

Hindustan Times  

The government has lowered its borrowings estimate for the current financial year to 14.01 lakh crore as there is an improvement in tax collection. Union Finance Minister Nirmala Sitharaman showcases a red pouch carrying the Budget documents, outside the Finance Ministry in North Block The government has to borrow by issuing dated securities to meet its fiscal deficit target. The …

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts
5 months, 2 weeks ago

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts

Hindustan Times  

India has set aside ₹6,21,940 crore for defence spending in the Union Budget 2024-25 – up from last year's outlay of ₹5.94 lakh crore – finance minister Nirmala Sitharaman announced as she presented the Union Union Budget 2024 on Tuesday. The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India …

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai
5 months, 2 weeks ago

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai

The Hindu  

The Union Budget 2024 is growth-oriented, welfare-centric and people-friendly. It strengthens the road map towards a Viksit Bharat by 2047, said BJP Tamil Nadu president K. Annamalai on Tuesday, July 23, 2024. In a social media post on X, Mr. Annamalai said Budgetary announcements, including the Transit Oriented Development Plans in 14 large cities with a population above 30 lakh, …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
5 months, 2 weeks ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

Budget 2024 Boosts Bihar with ₹58,500 Crore Investment in Infrastructure and Development Projects
5 months, 2 weeks ago

Budget 2024 Boosts Bihar with ₹58,500 Crore Investment in Infrastructure and Development Projects

ABP News  

The Budget 2024 has earmarked a substantial ₹58,500 crore for various development projects in Bihar, marking a significant investment in the state's infrastructure and growth. Key initiatives include the construction of three major expressways—Patna to Purnea, Buxar to Bhagalpur, and Bodh Gaya to Vaishali—totaling ₹26,000 crore, along with a new two-lane bridge in Buxar. The budget also includes plans for …

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme
5 months, 2 weeks ago

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman said in her budget speech on Tuesday that the government would look to improve all-weather connectivity to 25,000 rural habitations by launching phase 4 of the Pradhan Mantri Grameen Sadak Yojana, which aims to link India’s hinterland with major economic centres. The government is expected to expand the definition of “rural habitations” in phase …

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech
5 months, 2 weeks ago

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech

India Today  

Union Finance Minister Nirmala Sitharaman presented the first budget of the Narendra Modi government’s third term on Tuesday in Parliament. Budget Priorities Productivity and resilience in Agriculture Employment & Skilling Inclusive Human Resource Development and Social Justice Manufacturing & Services Urban Development Energy Security Infrastructure Innovation, Research & Development and Next Generation Reforms Subsequent budgets will build on these, and …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months, 2 weeks 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 …

Budget 2024: Date, key timings and what to expect from budget speech
5 months, 2 weeks ago

Budget 2024: Date, key timings and what to expect from budget speech

India Today  

The Monsoon session began on Monday, with Finance Minister Nirmala Sitharaman set to present the Union Budget for 2024-25 on July 23, 2024. This will mark her seventh consecutive Budget presentation, surpassing the record of former Prime Minister Morarji Desai, who delivered five consecutive full Budgets and one interim Budget from 1959 to 1964. The Budget 2024 presentation can be …

Rajasthan Budget 2024 highlights: Amrut 2.0 scheme, Greenfield Expressways, and new sports policy
6 months ago

Rajasthan Budget 2024 highlights: Amrut 2.0 scheme, Greenfield Expressways, and new sports policy

India TV News  

Deputy Chief Minister and Finance Minister Diya Kumari presented the Rajasthan Budget 2024–25 on Wednesday, marking her first comprehensive budget. Amrut 2.0 scheme Rs 5,180 crore will be allocated for urban infrastructure projects across 185 urban settlements over the next two years. RSRTC bus fleet expansion Rajasthan State Road Transport Corporation will receive 500 new buses, including 300 electric buses, …

₹2,750 crore to drive better quality roads across Haryana: PwD minister
6 months, 1 week ago

₹2,750 crore to drive better quality roads across Haryana: PwD minister

Hindustan Times  

The riding quality and condition of 1,425 roads, spanning 4,655 km across Haryana, will be improved at a cost of ₹2,750 crore by September, said Haryana public works department minister Dr Banwari Lal while addressing a press conference following a review meeting with senior officers of the department at the PWD Rest House, Sector 1, in Panchkula on Wednesday. Haryana …

T.N. Assembly: CM Stalin announces second phase of ₹4,000 crore project to improve 10,000 km of rural roads
6 months, 2 weeks ago

T.N. Assembly: CM Stalin announces second phase of ₹4,000 crore project to improve 10,000 km of rural roads

The Hindu  

A total of 10,000 km of roads in rural areas would be improved under the second phase of the Chief Minister’s Rural Road Development Programmes, said Chief Minister M.K. Making a suo motu statement, Mr. Stalin said these roads would be improved at a cost of ₹4,000 crore over the next two years. The first phase of the scheme was …

Odisha CM Majhi to present first budget in June assembly session
6 months, 3 weeks ago

Odisha CM Majhi to present first budget in June assembly session

New Indian Express  

BHUBANESWAR: With the BJP government going into functional mode, Chief Minister Mohan Charan Majhi is set to present his first budget in the Assembly session which is likely to be convened in the last week of June. The saffron party sources said the first budget of the Majhi government will be a departure from the existing system of freebies and …

CM Jagan unveils Rs 1 lakh crore grandiose plan for Vizag
10 months ago

CM Jagan unveils Rs 1 lakh crore grandiose plan for Vizag

Deccan Chronicle  

Visakhapatnam: Chief Minister Y.S. Among the other proposals, he said Rs 530 crore would be spent on new roads, Rs 451 crore for road-widening, Rs 360 crore for bus transport sector, Rs 161 crore for foot overbridge and walkways, `127 crore for footpath construction and Rs 124 crore for 12 off street parking locations. In addition, Rs 50 crore would …

PM Modi to unveil development projects worth more than ₹34,800 crore in Bihar
10 months, 1 week ago

PM Modi to unveil development projects worth more than ₹34,800 crore in Bihar

The Hindu  

Prime Minister Narendra Modi will unveil development projects worth more than ₹34,800 crore in Bihar on March 2. “Besides, PM Modi will unveil multiple projects in the oil and gas sector, worth about ₹1.48 lakh crore, spread across various States, from Patna,” an official statement said. This will be PM Modi's first visit to Bihar since the BJP-led NDA got …

Chennai Corporation Budget 2024 | Fiscal deficit at lowest in five years, revenue receipts up
10 months, 3 weeks ago

Chennai Corporation Budget 2024 | Fiscal deficit at lowest in five years, revenue receipts up

The Hindu  

The Greater Chennai Corporation presented its budget for the fiscal year 2024-25, with the lowest deficit in five years. According to the Budget estimate documents from FY2020-21 until now, net deficit was at its lowest in FY 2024-25 compared to the past five years. Although revenue receipts are at their highest now over the past five years at ₹4,464.60 crore, …

T.N. Budget 2024 | ‘Tholkudi’ to upgrade basic amenities in tribal habitations with ₹1,000 crore
10 months, 3 weeks ago

T.N. Budget 2024 | ‘Tholkudi’ to upgrade basic amenities in tribal habitations with ₹1,000 crore

The Hindu  

The Tamil Nadu government on Monday announced the ‘Tholkudi’ scheme, aimed at upgrading the amenities in tribal habitations and improving the living standards on an outlay of ₹1,000 crore. He said the Iyothee Thass Pandithar Habitation Development Scheme would be implemented at a cost of ₹230 crore in the next year to create amenities and bring about a holistic socio-economic …

Capital expenditure revised downwards for 2023-24 - The Hindu
10 months, 3 weeks ago

Capital expenditure revised downwards for 2023-24 - The Hindu

The Hindu  

Tamil Nadu budget has revised the capital expenditure downwards to ₹42,532 crore in revised estimates for 2023-24 from ₹44,366 crore in the budget estimates. The capital expenditure goes towards creation of fixed assets such as roads and bridges, irrigation structures, schools, hospitals, along with investments made in Public Sector Undertakings. For 2024-25, the State has estimated its capital expenditure to …

Tamil Nadu presents ₹3.48L cr budget; focus on infra, ‘7 Tamil dreams’
10 months, 3 weeks ago

Tamil Nadu presents ₹3.48L cr budget; focus on infra, ‘7 Tamil dreams’

Hindustan Times  

Tamil Nadu finance minister Thangam Thennrasu on Monday presented the state budget for 2024-25 announcing a total outlay of ₹3.48 lakh crore, along with a revenue deficit of over ₹49,000 crore as the government promised an increased focus on infrastructure and expanding welfare schemes encompassing “seven Tamil dreams” with no new populist announcement, aiming at fiscal prudence. The alleged “inordinate …

Seven ideals form bedrock of Tamil Nadu Budget 2024
10 months, 3 weeks ago

Seven ideals form bedrock of Tamil Nadu Budget 2024

The Hindu  

A scheme to provide ₹1,000 a month to boys who have studied in government schools from classes 6 to 12 and are pursuing higher education, a scheme named after former Chief Minister M. Karunanidhi to provide housing for the poor with an outlay of ₹3,500 crore and the Chief Minister’s Thayumanavar scheme for poverty alleviation are among the major announcements …

Vijayawada Municipal Corporation tables a deficit budget of ₹90 crore for 2024-25
10 months, 3 weeks ago

Vijayawada Municipal Corporation tables a deficit budget of ₹90 crore for 2024-25

The Hindu  

The Vijayawada Municipal Corporation on February 17 presented a deficit Budget of ₹90 crore for the financial year 2024-25, with the total estimated income for the civic body for the year touching ₹1,370 crore and estimated expenses ₹1,460.82 crore. The estimated income for the coming year includes ₹820.9 crore revenue income, ₹501.42 crore capital income and deposits and advances of …

Highway Building Improves to 25 Km Per Day With Ministry Spending Rs 2.28 Lakh Crore Till Jan
10 months, 3 weeks ago

Highway Building Improves to 25 Km Per Day With Ministry Spending Rs 2.28 Lakh Crore Till Jan

News 18  

The pace of highway building in the country improved to 25 kilometres per day on average this financial year till January, up from 22 km daily for the same period during the previous year, Ministry of Road Transport and Highways data shows. This year, the ministry has built 7,658 km of national highway till January 31, up from 6,803 during …

Delhi budget: Special focus on development of roads in rural pockets
10 months, 4 weeks ago

Delhi budget: Special focus on development of roads in rural pockets

The Hindu  

The AAP government's budget will have special focus on development of roads in rural pockets of the national capital, according to sources in the government. In its budget, the government is likely to propose a project for redevelopment of around 1,000 km of roads in villages for which a four-fold increase in allocation to the development department is expected, the …

Over 55% of work on T.N.’s portion of Bengaluru-Chennai Expressway completed
10 months, 4 weeks ago

Over 55% of work on T.N.’s portion of Bengaluru-Chennai Expressway completed

The Hindu  

Over 55% of the work to construct the four-lane brownfield Bengaluru-Chennai Expressway has been completed in Tamil Nadu, where it will run for 106 km and cost ₹5,971 crore to construct. In Tamil Nadu, the work is being carried out in four packages, and the road will have three rest areas, two truck lay-bys, 34 major bridges, 31 minor bridges, …

Assam govt presents ₹774.47 crore deficit budget; no new taxes proposed
10 months, 4 weeks 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 …

‘Is Finance Commission merely facade under BJP’: Karnataka CM Siddaramaiah
11 months ago

‘Is Finance Commission merely facade under BJP’: Karnataka CM Siddaramaiah

Hindustan Times  

Karnataka Chief Minister Siddaramaiah has hit out at the Central government over the release of funds for the state, saying that the dwindling grants-in-aid and the glaring absence of budgeted funds raise the question of whether the autonomy of the Finance Commission is merely a 'facade' under the BJP. Siddaramaiah further said that under the 14th Finance Commission, Karnataka received …

BMC budget ₹46 cr shy of ₹60k cr mark
11 months, 1 week ago

BMC budget ₹46 cr shy of ₹60k cr mark

Hindustan Times  

Mumbai: In a budget speech peppered with platitudes to chief minister Eknath Shinde and his pet projects and schemes, the Brihanmumbai Municipal Corporation commissioner Iqbal Chahal pegged the civic body’s budget for 2024-25 at ₹59,954.75 crore, just ₹46 crore short of the ₹60,000-crore mark. Though the allocation was 10.5% more than the 2023-24 budget of ₹54,256.07 crore, no new projects …

BMC unveils highest ever Budget at Rs 59,954 cr with focus on health, infra
11 months, 1 week ago

BMC unveils highest ever Budget at Rs 59,954 cr with focus on health, infra

Business Standard  

No new taxes were proposed on Friday in the Brihanmumbai Municipal Corporation's Rs 59,954.75-crore budget for 2024-25, the highest ever, as it made special provisions for the coastal road project and proposed four new schemes, one of them for providing medicines free to patients at civic hospitals for which Rs 1,200 crore was set aside. The civic body announced to …

Interim Budget 2024 — in campaign mode
11 months, 1 week ago

Interim Budget 2024 — in campaign mode

The Hindu  

Well before Finance Minister Nirmala Sitharaman rose to present the Interim Budget for 2024-25, there were indications as to what its focus would be. That has been true of this year’s Interim Budget as well, which focused on all the “welfare” schemes, in areas varying from housing to food, which have been largely attributed to the Prime Minister. For example, …

Interim Budget 2024: A little more for all labharathis? Focus on ‘core of core’ schemes
11 months, 1 week 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 …

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