India's budget rises from Rs.193 crores to Rs.10 lakh croresJuly 6th, 2009 NEW DELHI - India's fiscal budget has risen from Rs.193 crores to over Rs.10 lakh crores in the 63 years since independence of the country in 1947, Finance Minister Pranab Mukherjee said while presenting the budget for 2009-10 in the Lok Sabha Monday. "Madam speaker, I am happy to announce that for the first time, the budget estimates have crossed Rs.10 lakh crores.
Budget a difficult balancing act: RangarajanJuly 6th, 2009 NEW DELHI - Former Reserve Bank of India (RBI) governor C. Rangarajan said Finance Minister Pranab Mukherjee's union budget presented in parliament Monday was a difficult balancing act.
Union Budget 2009-10: Pranab Increases IT Exemption LimitJuly 6th, 2009 In an effort to provide interim relief to small and marginal taxpayers and senior citizens, the Finance Minister of India, Pranab Mukherjee presented the Union Budget 2009-10 today. This years budget witnessed a gradual hike in the income tax exemption limit.
Pranab Mukherjee to present general budget todayJuly 6th, 2009 NEW DELHI - Union Finance Minister Pranab Mukherjee will present the first general budget at 11am today in Lok Sabha. This is the first general budget of the UPA government after coming to power for second term.
Full marks to Pranab: Swraj PaulJuly 6th, 2009 LONDON - Caparo Group chairman Swraj Paul Monday gave a hefty endorsement to Finance Minister Pranab Mukherjee's budget, saying it would help India's rural poor at a time of global recession. "Full marks to Pranab.
Union Budget 2009-10July 6th, 2009 Every Indian is eagerly awaiting the biggest Budget ever, amidst the slowing down economy. Finance Minister Pranab Mukherjee would present Union budget for this fiscal from 11 this morning.
Pranab Mukherjee holds pre-budget parleys with Congress leadersJune 16th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee held pre-budget discussions with leaders of Congress party ahead of the budget for full fiscal year 2009/10 (April-March) that would be presented on July 6. "As a party man I have an obligation to listen to the views of my party leaders.
Manmohan Singh wants budget to reflect president's addressJune 5th, 2009 NEW DELHI - Prime Minister Manmohan Singh has called for a national budget that reflects the schemes and promises outlined for his government in President Pratibha Patil's address to parliament Thursday. This message has been conveyed to Finance Minister Pranab Mukherjee, who is slated to present the national budget for the current fiscal next month, said officials in the Prime Minister's Office.
Pranab Mukherjee to begin pre-budget talks from todayJune 1st, 2009 NEW DELHI - Finance Minister Pranab Mukherjee will begin pre-budget consultations with different groups from today. Mukherjee will hold consultations with trade and industry bodies like the FICCI, the CII, the ASSOCHAM and the FIEO, economists, agriculturists, bankers and corporate honchos ahead of the presentation of the budget for 2009-10 in the first week of July.
Pranab Mukherjee to begin pre-budget talks from MondayMay 31st, 2009 NEW DELHI - Finance Minister Pranab Mukherjee will begin pre-budget consultations with different groups from Monday. Mukherjee will hold consultations with trade and industry bodies like the FICCI, the CII, the ASSOCHAM and the FIEO, economists, agriculturists, bankers and corporate honchos ahead of the presentation of the budget for 2009-10 in the first week of July.
Government to present budget in first week of July: PranabMay 26th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Tuesday said the government would present the budget for 2009-10 in the first week of July. "I would not like to have a second batch of vote on account.
Budget fails to address recession: opposition partiesFebruary 15th, 2009 NEW DELHI - The interim budget presented by External Affairs Minister Pranab Mukherjee had failed to address the economic recession, most opposition parties, including the Bharatiya Janata Party (BJP) and the Left, said Monday. Communist Party of India-Marxist (CPI-M) leader Basudeb Acharya said the budget did not address the key issues facing the country.
MP falls ill during budget speechFebruary 15th, 2009 NEW DELHI - Lok Sabha Speaker Somnath Chatterjee had to Monday interrupt the interim budget presentation by Minister for External Affairs Pranab Mukherjee as an MP fell ill. A doctor was called in and the Lok Sabha was adjourned for 10 minutes.
Pranab Mukherjee begins presenting interim budget for next fiscalFebruary 15th, 2009 NEW DELHI - External Affairs Minister Pranab Mukherjee began presenting the interim budget for the next fiscal amid expectations that measures will be announced to cushion the impact of global meltdown on the Indian economy, and help revive consumer demand. The exercise began with Mukherjee reading out his budget speech in the Lok Sabha, during which he will also seek an approval to finance the government's expenditure, till such time the regular budget is presented by a new government after elections, and passed by parliament.
Lok Sabha adjourned after MP falls sick during budget speechFebruary 15th, 2009 NEW DELHI - Lok Sabha Speaker Somnath Chatterjee had to Monday interrupt the interim budget presentation by Minister for External Affairs Pranab Mukherjee after Janata Dal-Secular MP M.P. Veerendra Kumar fell ill.