The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.
In the IPL 2024 auction, some notable players went unsold, facing unexpected outcomes despite their credentials.
According to Nasscom, India must make its R&D significantly more robust to realise the 'Make in India' dream
A good budget allows you control over your money, helps you enjoy rather than worry over it, makes spending more purposeful, and protects you from financial problems.
'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'
The new Budget would do well to fill up the gaps and pave a strong way forward to ensure that the optimism surrounding it is not short-lived.
Even if the new body focuses on long-term planning, it is unlikely to do so through five-year Plans.
Budget in the medium term aims to kick-start the investment cycle.
20 new industrial clusters will be developed in 2014-15.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
External commercial borrowings to the extent of USD 1 billion to be allowed for aviation sector for next year.
Among those who submitted their respective ministry's suggestions was Minister of Urban Development S Jaipal Reddy who called on the finance minister in New Delhi on Tuesday.
"The artistes, who are now speaking against me are the ones who had been enjoying advantages before my time. I stopped these practices," Mansingh said.
Insiders said she remained closeted with top railway officials for hours finalising the Budget on Tuesday and left her Rail Bhawan office only at 3.30 am on Wednesday.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
As per practice a vote-on-account or approval for essential government spending for a limited period is taken in the election year and a full-fledged budget presented by the new government.
The road ministry has put forward two proposals before the Prime Minister's Office and the finance ministry.
'The Budget targets are achievable, but they require continued discipline and that the government sticks with the efforts to cut red tape and make business in India more efficient.'
The decision to scrap the plan for landless workers and focus only on small and marginal farmers was made as there was no proper method to find out who qualify as landless labourers.
Experts say a large part of the expenditure in April was spent on heads such as creating infrastructure for testing capacity and procuring testing kits, among other things.
The Interim Budget highlights the focus on aam aadmi in the development process. The year 2008-09 has seen substantial increase in outlays spanning across sectors.
The BJP leadership believes these parties are flexing their muscles in the run-up to the Lok Sabha polls for better seat-sharing deals.
'Well done, Mr Jaitley, now go and implement your schemes. No leakages, no lapses and no laziness.'
Converting what was supposed to be an interim budget or a vote on account into an almost full-fledged budget announcement in the Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.
Raising a child as a single mother in India can be challenging, especially when it comes to managing finances.
The Union Budget 2011-2012 is likely to be more beneficial for the special and underdeveloped states, including J&K, Himachal Pradesh and Bihar, rating agency Fitch said on Wednesday.
For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 35 paise from borrowings and other liabilities, 5 paise from non-tax revenue like disinvestment and 2 paise from non-debt capital receipts, according to the Budget documents for 2022-23. According to the Union Budget 2022-23 presented in Parliament by Finance Minister Nirmala Sitharaman on Tuesday, goods and services tax will contribute 16 paise in every rupee revenue, while corporation tax will contribute 15 paise to each rupee earned. The government is also looking to earn 7 paise for every rupee from Union excise duty and 5 paise from customs duty. Income tax will yield 15 paise to every rupee collection.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The government will provide Rs 1,200 crore (Rs 12 billion) to UTI-I in the next fiscal to enable closure of three assured return schemes.
The government on Monday said the Budget 2006-07 allocated resources within fiscal deficit targets to boost agriculture and manufacturing.
Populism gains momentum during election periods, and this trend is evident in at least four states: Telangana, Rajasthan, Madhya Pradesh and Chhattisgarh.
The Budget session of Parliament started Monday with the President's address.
Attacking the government for a provision of a mere Rs 500 (Rs 5 billion).
Last year, the country's defence budget was $175 billion.
The move is aimed at cutting the fiscal deficit, which the government wants to contain at 4.1 per cent of GDP.
The economists who signed the letter included Jean Drze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi
Budget has provided an additional assistance of Rs. 500 crore to the National Skill Development Fund.
Finance Minister has proposed to grant specified parts of hybrid vehicles complete exemption from customs duty.
