If the fiscal deficit target of 4.9% of GDP has to be met for 2024-2025, which the government must in view of the uncertainties and challenges emerging both domestically and globally, the finance ministry may see in the composition of the current year's capex a sliver of hope, notes A K Bhattacharya.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
India has world's second largest road network with its National Highways covering a distance of 92,851.07 kms.
Farmers protesting the contentious farm laws will hold demonstrations outside the residences of Bharatiya Janata Party lawmakers across the country on Saturday, a Bharatiya Kisan Union (BKU) office-bearer said.
Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.
The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.
The ongoing lockdown in force in other parts of the state will continue during which essential supplies like groceries, vegetables, fruits and milk will be available to the people.
Projects would be bid out shortly while work on them would start after acquisition of 90 per cent land
At least 16 people lost their lives in various rain-related incidents in Telangana while the unprecedented rainfall and floods in Andhra Pradesh over the past three days affected about 4.5 lakh people leading to the evacuation of more than 30,000 to relief camps.
According to the officials, fresh batches of pilgrims were not allowed to leave Jammu to embark on their yatra due to closure of the Srinagar-Jammu National Highway.
'When there are no good roads and no buses plying to villages, your spending on development is skewed.'
The report showed that 53 road accidents take place every hour in the country.
A total of 74,32,829 people have recuperated from COVID-19 so far, taking the national recovery rate to 91.34 per cent. The case fatality rate has dropped to 1.49 per cent.
'The Indian government is better prepared this time and has reached out to all contenders and not putting all eggs in one basket.'
A sudden downpour in Delhi caught citizens off guard and caused heavy waterlogging and traffic jams on Tuesday while Mumbai breathed a sigh of relief as showers stopped a day after heavy rain brought the metropolis to its knees.
Palodhi in Rajasthan simmered at 51 degree Celsius and the maximum in Ahmedabad shattered a century-old record.
The officials said that the recently developed SH-15, a 155 mm truck-mounted howitzer gun, has also been spotted at some places along the Line of Control after it was displayed on Pakistan Day last year.
From Mumbai to Silvassa in Daman, and back.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
The toll in Uttar Pradesh floods on Monday increased to 48, with reports of 20 more deaths in the state where several rivers were flowing above danger mark posing threat to more than 1,000 villages.
Switching off the engine affects the vehicle's braking ability and this possibly resulted in the truck hitting other vehicles on the bridge slope on Sunday, as per a probe conducted into the accident by the Regional Transport Office (RTO), he said.
Robin Upadhyay, 48, a resident of Meerut in Uttar Pradesh, claimed to have worked in many multinational companies for over 25 years, they said.
With the Congress in power in the state and the Bharatiya Janata Party (BJP) snapping at its heels, the BRS is now fighting an existential battle.
In January 2014, the country had received $2.18 billion FDI.
"They (opposition parties) are not concerned about the development of the children of the country's poor. Their common minimum programme is to increase corruption for their family. Democracy means 'of the people, by the people, for the people'. But these dynastic parties have the mantra of 'of the family, by the family, for the family'. For them, their family is first, and the nation is nothing," he said.
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At least 16 people have died in flood-related incidents in Odisha, where the situation remained grim even as major rivers were receding on Saturday. Two deaths each were reported from Bhadrak, Jajpur and Nayagarh districts while in worst-hit Ganjam district it remained unchanged at six and four in Jagatsinghpur, Special Relief Commissioner P K Mohapatra told reporters here after the situation was reviewed by Chief Minister Naveen Patnaik.
Here is the timeline of the disaster and the rescue efforts that followed.
Boring through the rubble of the collapsed Silkyara tunnel was put on hold again on Thursday apparently after cracks appeared in the platform on which the drilling machine rests, in a fresh hurdle to the rescue of 41 workers trapped inside for 11 days.
At least 24 vehicles were damaged after a truck lost control on the downward slope of a bridge on the Mumbai-Bengaluru highway late Sunday evening, in which several persons suffered injuries with eight of them being hospitalised, a police official said.
After 16 days of intense efforts by multiple agencies, all 41 workers trapped in Uttarakhand's Silkyara tunnel in Uttarkashi have safely been evacuated on Tuesday evening.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
According to officials, the Ganga was flowing at 463.20 metres following which water filled up in Sangam Ghat, Ramkund, Dhaneshwar Ghat and Fuladi Ghat. There was also a tremendous jump in the water level of the Ganga after 2,000-3,000 cusecs of water was released from the dam of the GVK hydroelectric project built on the Alaknanda river.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the Ministry of Road Transport and Highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
The Pampore attack in Jammu and Kashmir "appeared to be" the handiwork of Lashkar-e-Tayiba terror outfit, Central Reserve Police Force Director General Prakash Mishra said.
Security forces have been diligently working to create buffer zones, such as the one established between Churachandpur and Bishnupur. However, this has proven insufficient to quell the unrest.
Matondkar, 48, had resigned from the Congress in September 2019 after a short association of six months, and joined the Shiv Sena in 2020.
As Manipur grapples with protracted ethnic strife, the Supreme Court on Friday asked the Centre and the state government to ensure uninterrupted supply of basic commodities like food and medicines to people facing economic blockade in certain areas of the border state.
The Ministry of Road Transport and Highways (MoRTH) has proposed to allow conversion of regular vehicle registrations into Bharat Series (BH) numbers as part of measures to widen the scope of the BH series ecosystem. At present, only new vehicles can opt for BH series mark. In a draft notification, the MoRTH informed about the proposed amendments in the rules governing Bharat (BH) series registration mark which was launched for people who are in transferable jobs.
Three national highways in Kutch, Navsari and Dang districts were blocked due to damage caused by rains. Fifty one state highways and over 400 panchayat roads have also been damaged, state Disaster Management Minister Rajendra Trivedi told reporters.
