Budget 2013 News - Page 9

Budget 2013: FM wants you to spend Rs 25,000 to save Rs 2,500

There must be more than 42,800 people earning more than Rs 1 crore in South Delhi alone.

Fudge or Budget magic? How Chidu works miracle with subsidies

Chidambaram's subsidy bills show a steep drop in 2013-14 - something which is difficult to believe

Boring Budget 2013: Why Chidu wasted his tryst with destiny

There is nothing wrong with P Chidambaram's budget. The only problem is the markets expected more from him.

Budget 2013 living document of UPA’s non-performance: Narendra Modi

Gujarat Chief Minister Narendra Modi on Thursday criticised the UPA's budget saying it showed the lack of connect between the government and the common man.

Delhi Metro gets Rs. 3,120 crore in budget

The Delhi Metro was on Thursday allocated Rs.3,120 crore in the union budget which will be spent on construction of Phase-III to lay another 103 km of tracks.

Rs 150 crore for development projects in Kudankulam

In a bid to appease the protest-hit Kudankulam town, where two 1,000 MW nuclear reactors are at an advanced stage of commissioning, the union budget allocated Rs 150 crore for carrying out various development works.

Budget ignores unorganised sector, elderly, children: Activists

Activists and experts on Thursday said the social measures proposed in the union budget were an eyewash and slammed the government for not taking care of the unorganised sector workers, the elderly and children.

PM, FM have merely blamed Pranab: Yashwant Sinha

Just as the Railway Minister criticised his predecessor minister in his budget speech, Chidambaram has indirectly criticised Pranab Mukherjee by saying “in the budget for 2012-13, the estimate of plan expenditure was too ambitious and the estimate of non-plan expenditure was too conservative”.

Budget 2013: Wind energy sector gets breather with return of incentives

Union Finance Minister P Chidambaram's budget on Thursday sought to breathe life into the wind power sector with reintroduction of generation based incentive while disappointing the industry by being silent on the accelerated depreciation scheme.

Budget 2013: Measures will help register 6.5 pc growth, says Rangarajan

Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan today said all the measures proposed in the Budget for 2013-14 taken together will help the country register a growth of 6.5 per cent in the next fiscal year.

Budget 2013: Defence budget hiked 14% over last year

The defence ministry is in a major modernisation process with several acquisitions in the pipeline.

Budget 2013: Six-fold increase for Chidambaram's pet project Natgrid

Natgrid, a pet project of Finance Minister P Chidambaram during his tenure as Home Minister, witnessed a quantum jump in the 2013-14 budget getting a six-fold increase with the allocation pegged at Rs 66.5 crore.

Delhi Police budget raised for technology, training

Funds for personnel training, technology upgradation, new traffic signals and housing were the highlights of the Rs. 4,555.21 crore allocation for Delhi Police in the 2013-14 union budget, up 16 percent from the last fiscal.

Chidu has axed capital budget more than wasteful stuff

The budget's skew towards revenue expenditure continues unabated

Jayalalithaa calls Chidu's budget a 'damp squib'

Describing the Union Budget as a 'damp squib' Tamil Nadu Chief Minister Jayalaithaa today said it was full of rhetoric and lacked any tangible steps to tackle the crisis confronting the country's economy.

Budget 2013: How much more can you soak the salaried schmuck?

Only 2.5 percent of all Indians pay taxes, and a big chunk of these include the salaried class who don't have the choice to opt out, unlike their super-rich peers.

Budget 2013: Is govt trying to please rating agencies or India, asks AAP

Aam Aadmi Party (AAP) has said that the union budget 2013-2014 is a clever attempt by the government to mislead public in an election year.

Budget 2013: War machinery against Naxals gets more fund

The Indian Reserve Battalions, raised specifically to undertake active operational role in Naxal-hit areas, got a Rs 6 crore hike at Rs 52 crore in this budget.

Budget 2013: FM wants Waste-to-Energy plants, but is India ready?

Finance Minister P Chidambaram today announced a scheme to encourage cities and municipalities to take up waste-to-energy projects in PPP mode. But is India ready for such ambitious plans yet?

Budget 2013: Just money won't help public health, we need state incentives

If anybody thought that Centre’s extra allocation will make a major difference, here is the reality - the real impetus for universal healthcare should actually come from the states which account for 85% of the country’s government-spend.

Budget 2013: Defence Ministry gets 14% hike

In the midst of a major modernisation drive, the Defence Ministry got a 14 percent hike in its budget as Finance Minister P Chidambaram gave it Rs 2,03,672 crore for 2013-14 with a promise to provide any additional fund required for national security.