Madhya Pradesh budget criticised by oppositionJuly 10th, 2009 BHOPAL - Madhya Pradesh Finance Minister Raghavji Friday presented in the state assembly a Rs.102.96 crore deficit budget for the financial year 2009-10, which the opposition termed as "anti-development". Chief Minister Shivraj Singh Chouhan said the budget was in line with his government's priority to make Madhya Pradesh a "golden state".
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.
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.
Mamata Banerjee set to present rail budgetJuly 3rd, 2009 NEW DELHI - Railway Minister Mamata Banerjee arrived in parliament house Friday morning to present her ministry's budget for this fiscal, promising to address the demands of the average passenger. "My budget will be of the people, by the people and for the people," Banerjee told reporters before leaving for parliament house to present the railway budget in Lok Sabha, the lower house.
Mamata's railway budget to be "pro-people"July 1st, 2009 NEW DELHI - Railway Minister Mamata Banerjee on Wednesday said that the railway budget would be a "pro-people" budget. "It will be a pro-people budget, a simple budget, people's budget," Banerjee said after an all-party meeting here.
Infosys' Murthy wants budget to focus on inclusive growthJune 20th, 2009 BANGALORE - Infosys Technologies Ltd chairman and chief mentor N.R. Narayana Murthy Saturday hoped the union budget for 2009-10 would focus on inclusive growth, which he termed as "the need of the country".
Parliament to approve budget by July 31: MinisterJune 10th, 2009 NEW DELHI - The Indian government said Wednesday it would get parliament's approval for the fiscal 2009-10 budget by July 31. "We have no idea for going in for a second vote-on-account.
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.
Mukherjee hopes Budget will be presented in due timeMay 23rd, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Saturday expressed optimism that the government would be able to present the financial budget in due time. "Indian economy is resilient, strong and we shall have to build up and come back to the growth track as early as possible.
Budget ignores common people: MayawatiFebruary 15th, 2009 LUCKNOW - Uttar Pradesh Chief Minister Mayawati Monday said the interim budget has completely ignored the interests of the common man and benefited the industrialists. 'The budget offers nothing for common people.
Government mandate only for interim budget: AhluwaliaFebruary 15th, 2009 NEW DELHI - Reacting to criticisms over lack of measures in the interim budget presented Monday, Planning Commission Deputy Chairman Montek Singh Ahluwalia said in an election year, an incumbent government had the mandate only to present a vote on account. 'I think this is a failure to understand the limitations of an interim budget,' Ahluwalia said, soon after industry and average citizens complained that the interim budget tabled in parliament by External Affairs Minister Pranab Mukherjee had no specific measures on tax rates or to help cushion the impact of global slowdown.
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.
Budget maintains 'constitutional propriety': CongressFebruary 15th, 2009 NEW DELHI - External Affairs Minister Pranab Mukherjee did not present a populist budget as the United Progressive Alliance (UPA) government had done a 'tremendous job' and does not need to play to the gallery, the ruling Congress maintained Monday. Mukherjee observed 'constitutional propriety' while presenting the interim budget, Congress spokesperson Manish Tewari said.
Rice sops to prove costly in Chhattisgarh budgetFebruary 8th, 2009 RAIPUR - Chhattisgarh's Bharatiya Janata Party government Monday presented a Rs.222.11 billion (Rs. 22,211 crore) budget which levies no new taxes for the 2009-10 fiscal.