Necessary funds are proposed to be allocated for the eight national missions that are being launched following the National Action Plan on Climate Change (NAPCC) unveiled last year.
In his Budget speech, Finance Minister Pranab Mukherjee announced that the government is committed to the universalisation of the Integrated Child Development Services scheme in the country. Expressing grave concern at the low level of female literacy in the country, Mukherjee said the aim of the National Mission for Female Literacy would be to reduce the current level of female illiteracy by half in three years.
The minister said a premium service for container movement with assured transit time was under consideration for time sensitive cargo.
Finance Minister Pranab Mukherjee presented his 5th Budget in Parliament on Friday.
Union Finance Minister Pranab Mukherjee on Friday presented his fifth budget in Parliament on Friday but Morarji Desai holds the record of doing so 10 times.
'Duronto' trains, a non-stop service connecting metros and major state capitals, was announced on Friday by Railway Minister Mamata Banerjee.
According to sources close to her, the budget in a way would reflect Mamata's vision for the Railways in the coming years and means of generating resources for key projects.
However, the finance minister did not oblige members in the Rajya Sabha with clarifications on his intervention in the debate on the issue of price rise, even when Communist Party of India-Marxist member Sitaram Yechury sought some more information.
Presenting the Union Budget in Parliament recently, finance minister Pranab Mukherjee proposed estimated divestment proceeds of Rs 1,120 crore (Rs 11.2 billion) for 2009-10, which includes divestment in Rail India Technical and Economic Services, Cochin Shipyard Ltd, Telecommunications Consultants India Ltd, Manganese Core India Ltd, Rashtriya Ispat Nigam Ltd and Satluj Jal Vidyut Nigam Ltd.
Union Finance Minister Pranab Mukherjee, while presenting the Union Budget in Parliament on Monday, announced that it is proposed to add one handloom mega cluster each in West Bengal and Tamil Nadu and one powerloom mega cluster in Rajasthan.
Announcing this while presenting the Budget in Parliament on Monday, the Finance Minister Pranab Mukherjee said that Rs 350 crore, marking a 40 per cent increase over the previous allocation is being provided in the 2009-10 BE for this.
Even as Pranab Mukherjee rises to present the Union Budget in Parliament at 11 am on Monday, a nationwide survey reveals that most Indian households think this annual exercise has no significant effect on their daily lives.
The Rail Budget is full of hollow promises, the Congress leader said.
With finance ministry officials working overtime to give final touches to the country's biggest fiscal exercise, here's a look at the key people who make the Budget.
Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament on Friday. Following is the entire speech of the railway minister:
Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament.
With an eye on the forthcoming general elections, Railway Minister Lalu Prasad on Friday presented a feel good, populist interim Railway Budget in Parliament, cutting mail and express train fares by 2 per cent and keeping freight rates unchanged.
"I cannot say anything before I present the Rail Budget in Parliament. But I have alway kept in mind the interest of the poor and the common people," Lalu Prasad Yadav told reporters during an interaction at his residence.
The minister of state said the requirement of the ministry was more and resources were limited.
If you are investing, then stick to bonds, deposits and mutual funds; if you need insurance, simply opt for term insurance, advises Rahul Goel.
Vaibhav Aggarwal's Change.org petition has been shared widely on Twitter and Facebook and continues to gather more signatures rapidly.
Modi said he was "full of confidence" ahead of his "exam", the Budget, by 125 crore people
The first Budget of Independent India was presented by R K Shanmukham Chetty on November 26, 1947.
Allocation for National Rural Health Mission stepped up from Rs 8207 crore (Rs 82.07 billion) to Rs 9947 crore (Rs 99.47 billion).
With only three days to go before Finance Minister P Chidambaram delivers the Budget in Parliament, market expectations with respect to reforms are running high.
The government has also proposed to set up a Mission on Low Cost Affordable Housing to be anchored in the National Housing Bank.
Finance Minister P Chidambaram presented the 2006-07 Union Budget in Parliament on Tuesday.
As part of the National Democratic Alliance government's media blitzkrieg to highlight achievements made during its one-year rule, three Union ministers will participate in a 'talkathon' session today during which they will answer questions posted on Twitter.
The Cabinet has already cleared two proposals that will receive support from the fund.
Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take inherent risks while investing, says Hitesh D Gajaria, partner and head of tax, KPMG in India.
Rating agency ICRA said on Tuesday that a remarkable aspect of the Reserve Bank of India's Monetary and Credit Policy for the First Half of 2004-05 is its timing.
Finance Minister P Chidambaram presented his fourth Budget in Parliament on Monday.
Unlike the Advance Estimates which missed the impact of demonetisation, CEA's survey is likely to have a better take on Indian economy.
'They (government) are trying to create market for pension products'.
The minister also exempted components from taxes to encourage domestic manufacturing of these devices.
No-frills carrier SpiceJet has put ten lakh seats on the block with base fares starting as low as Rs 999, which are lower than a 3-AC train ticket, for a one-way journey under a limited period offer.
The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.
The EPFO has about 3.7 crore (37 million) members.
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