The total expenditure on the MGNREGA programme, as per the revised estimates from 2025-26, was Rs 88,000 crore, while initially, a sum of Rs 86,000 crore was allocated.
The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.
Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
Maoists torched three vehicles, two machines engaged in road construction work and four mobile towers at separate places in Chhattisgarh's Kanker district, the police said on Monday.
Centre, states to share the amount in 60:40 ratio to link unconnected rural habitations and upgrade existing roads till 2020
It would involve constructing over 125,000 kilometres of roads and would form part of the third phase of the Pradhan Mantri Gram Sadak Yojana.
Road Transport Minister Nitin Gadkari said highways sector continues to be a focus area for the government and announcements of multi-modal logistics parks and multi-modal passenger stations will be a game changer.
Union Minister for Rural Development Jairam Ramesh sanctioned Rs 1133 crore to Tamil Nadu for upgrading 3,000 kilometers of roadways under Prime Minister Gramin Sadak Yojana.
Sinha had earlier charged Jairam of discriminating against states that were ruled by the Bharatiya Janata Party.
Farmers have been availing crop loans upto Rs 300,000 at 7%.
Seven World Bank-sponsored projects, worth about Rs 22,426 crore (Rs 224.26 billion), are being implemented across the country to improve delivery in centrally-funded schemes and meet other objectives, the government said on Wednesday.
"I believe the biggest issues in front of us are malnutrition and toilets, these are the two faces of one coin... I have MNREGA, PMGSY, drinking water etc under me but I spend maximum time on toilet only," said Ramesh, who holds the portfolios of Rural Development and Drinking Water and Sanitation, in what apparently was his take on the toilet controversy for which the plan panel has drawn flak.
The World Bank will extend a loan of $1.5 billion (about Rs 6,800 crore) to India for building 24,000 km of all-weather roads in the rural areas of seven economically poor and hilly states like Uttar Pradesh and Himachal Pradesh.
Sources in the Rural Development Ministry said the actual expenditure incurred in 2020-21 will be higher than the allocated funds and it will at least be at par with this year's total estimated expenditure of MGNREGS.
Faced with huge cost overruns due to a delay in building the rural roads under Bharat Nirman, the Planning Commission is now looking at alternative ways to fund the ambitious rural development project of the United Progressive Alliance (UPA) government.The rural road project, christened the Pradhan Mantri Gram Sadak Yojana (PMGSY), has seen tardy performance on the target of constructing 146,185 km of rural roads by 2009.
The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
An amendment in the 2013 bill was necessary, said Jaitley.
Official panel points to bid deficiencies in rural job guarantee, pensions, housing and other programmes.
Jaitley said an effective multi-modal logistics and transport system will "make our economy more competitive.
Prime Minister Dr Manmohan Singh had to intervene to control a "big fight" in Union Cabinet meeting between Rural Development Minister Jairam Ramesh and Finance Minister P Chidambaram on Wednesday, over serious differences on Assam and Jammu-Kashmir getting extra grants from the Pradhan Mantri Gram Sadak Yojana.
The highest ever average daily construction rate of 130 km has been achieved for rural roads
Terming infrastructure as the "backbone" of any nation's development, Goyal while presenting the interim Budget for 2019-20 in the Lok Sabha said India aspires to be a USD 10 trillion economy in the next eight years, and on the anvil is next generation infrastructure of roads, railways, seaports, airports, urban transport, gas and electric transmission and inland waterways.
Increase in taxes on luxury cars will not have any effect on the demand
20 new industrial clusters will be developed in 2014-15.
If you want to take revenge on me, you do it. I have no problem. But the poor of Amethi have done you no harm. They should be treated well," said Rahul.
The development of the Rih-Tiddim road and establishment of numerous rural "haat" (flee markets) along the Mizoram-Myanmar border would also increase the trade volume, Modi said while addressing a public meeting at the Assam Rifles ground here after inaugurating the 60-MW Tuirial hydro-electric power project.
Higher disposable incomes, rural push and infra push to boost auto sector
'The BJP has everything to lose if it performs poorly in UP. It dreads a repeat of Bihar,' says Rajeev Sharma.
Tax incentives to have cascading effect on the capital goods industry.
Enunciating slew of measures initiated by the UPA to augment the sector, the finance minister said 19 oil and gas blocks were given out for exploration and 7 new airports are under construction.
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