Budget 2013 News - Page 5

Budget 2013: Plenty of food for every ministry to chew upon, says PM

The prime minister said that he would be comfortable if the Current Account Deficit is 2.5 to 3 percent of GDP.<br /><br />

Budget 2013: Agriculture gets 22% more fund, Rs 1,000 cr for east India

Budgetary allocations were also made to a pilot programme on Nutri-Farms for introducing new crop varieties.

Budget 2013: Govt to form regulatory authority for road sector

Chidambaram said that there was also the need to explore alternative transportation methods available in the country like the National Waterways.

Budget 2013: 10% surcharge on taxable income exceeding Rs 1 cr

The finance minister said that he proposed to increase the surcharge from 5 percent to 10 percent on domestic companies whose taxable income exceeds Rs 10 crore a year.

Budget Analysis: Chidu has just used the bikini formula on you

The finance minister P Chidambaram, has managed to use the bikini formula on the fiscal deficit number of the budget. Fiscal deficit is the difference between what a government earns and what it spends.

Budget 2013: Rural development gets 46% hike, Rs 33,000 cr for MGNREGS

The Union finance minister allocated Rs 33,000 crore to the Mahatma Gandhi National Rural Employment Guarantee Scheme in the Budget 2013-14.

Budget 2013: Nothing noteworthy for the real estate sector?

There's nothing of note for the sector barring some encouragement for the affordable housing sector.

Budget 2013: FM says CAD, food inflation biggest worries

He says his budget will focus on inflation and measures to control it.

Why Union Budget 2013 will be about increasing jobs

Now creating jobs is critical to political nirvana. So, one can be sure that the budget will talk about jobs.

Aruna Roy doesn't like Economic Survey 2013 one bit

The Survey is highly wanting when it comes to the commitment of social security for unorganized workers, Roy said in a statement.<br /><br />

Union Budget 2013: Expect relief for salary earners, households

UPA-II's last budget may offer some sops to salary earners and households as Finance Minister P Chidambaram will look to balance the compulsions of growth and fiscal prudence with election year politics.

Survey outlines challenges; over to FM to devise steps in Union Budget 2013

The Economic Survey underlines the need of shifting national spending from consumption to investment and removal of impediments in increasing further investments, savings and job creation.<br /><br />

Union Budget 2013: To hell with public morality, bring on the 'animal spirits'

Will the Finance Minister be able to present a budget that keeps its corporate allies at an arms length?

Eco Survey: Overall employment rose by 6.94 lakh

Overall employment in the last one year to June 2012 increased by nearly by 7 lakh led by the IT and BPO sector that accounted for almost half of the increase.

Budget 2013: Govt takes steps to improve interaction with rating agencies

Amid concerns of possible downgrade of India's credit rating, the Economic Survey today said the government is taking steps to improve interactions with rating agencies to ensure that they make "informed decisions".

Budget 2013: Analysts paint a cautious picture of economy

The economic survey released by the government today paints a "cautiously optimistic" picture of the economy and suggests that the government will present a fiscally prudent budget tomorrow, analysts say.

Why Union Budget 2013 could be Chidambaram's easiest

There is a time for dour defence, and there is a time to go over the top. A place in history awaits Chidambaram.

Clear message from Economic Survey: Budget 2013 will be cautious

The Economic Survey does the usual job: paints the facts as they are, and give us a picture of concerns and challenges. And all the signs in this one are that the budget is likely to be a cautious one.

Eco Survey says infra bottlenecks weakening industrial output

The government's Chief Economic Advisor has suggested that output of core sectors be accelerated and implementation of big ticket projects is speeded up.

Dear Sonia Gandhi, please read Rajan's Economic Survey 2013

Raghuram Rajan has said it clearly: "uncapped subsidies" are problematic. Is Sonia Gandhi listening?

Economic Survey: Raghuram Rajan reads the riot act to UPA

The pre-budget Economic Survey is refreshingly straightforward in asking the government to fix the problems within to revive growth

Budget 2013: Economic Survey in Parl today. Here's what to expect

The Survey for 2012-13 is likely to make a strong case for accelerating reforms to offset the domestic and global factors stunting growth

Bansal has bamboozled us with 'reform' talk in Rail Budget

Bansal has been given a free pass on his gravy train, with commentators buying too readily into his 'reforms' rhetoric even though he hasn't quite walked the talk.

Rail Budget 2013: Wait for electric trains in India's North-East gets longer

The railway minister said that the Parsuramkund-Rupai sector in Assam has been identified as a project of national importance and he will pursue for its approval.

All the passenger, express trains introduced in Rail Budget 2013

Railways will introduce 67 new express trains, 27 new passenger trains and run of 58 trains will be extended. Here's the complete list.

Rail Budget 2013: What the aam aadmi has to say

Rail fares should have been hiked for the development of the county. Hiking fares was a necessity. It was not hiked because elections are due next year, says the common man

Rail Budget 2013: Bansal's promise of Free Wifi on trains trends on cynical Twitter

During the Railway Budget 2013, Railways Minister Pawan Kumar Bansal proposed that Free Wifi access in some trains. Obviously his comments have generated quite a buzz on Twitter with the term Free Wifi trending on the micro-blogging site.

Budget 2013: Chidu can't deliver a 'benchwarmer' like Bansal

The 'spin' that is being given to Bansal's "non-budget" gives cause for disquiet in the context of Chidambaram's upcoming Union Budget. It signals that the attempt to daub lipstick on a pig and certify it as presentable is under way.

Rail budget 2013: No money, but will recruit 1,52,000 new staff

Pawan Kumar Bansal has grossly underfunded important projects, but will add 1.52 lakh new employees to a bloated employee muster