Budget 2017: MEA funds for projects in Afghanistan see a decline

An amount of Rs 150 crore has also been allocated for Chabahar Port, a strategic oceanic port situated in Iran.

Budget 2017: MEA funds for projects in Afghanistan see a decline
NEW DELHI: The External Affairs Ministry has been given Rs 14,798 crore in the Union Budget, an increase of mere Rs 135 crore compared to last year with a major decline in allocation for projects in Afghanistan from Rs 520 crore to Rs 350 crore.

However, the allocation for Nepal has been increased from Rs 300 crore to Rs 375 crore in the Budget, presented by Finance Minister Arun Jaitley in Parliament today.

An amount of Rs 150 crore has also been allocated for Chabahar Port, a strategic oceanic port situated in Iran. While no allocation was made for the project in 2016-17 budget, an amount of Rs 100 crore was given under revised budget.

As per revised estimate, Rs 13,426 crore was given to the Ministry in 2016-17, a decline of Rs 1236.66 crore from the budgetary allocation given that fiscal.

In total, Rs 6479.13 crore has been earmarked under "total-aid to countries" which included Bhutan (Rs 3714 crore), African countries (Rs 330 crore) and Bangladesh (Rs 125 crore), Sri Lanka (Rs 125 crore).

Separately, Rs 14798.55 crore has been earmarked for other expenditures like those relating to pilgrimages abroad (Rs 3.50 crore), Nalanda university (Rs 253.88), maintenance cost of Aircraft of Air India for VVIP travel (Rs 215 crore) and 'Special Diplomatic Expenditure' (Rs 2200.01 crore).
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Asked about decline of nearly Rs 170 crore in the funds for projects in Afghanistan, ministry sources said it is because three of the major projects - Afghan Parliament building, Salma dam and restoration of Stor Palace- which were assisted by India have been completed.

They also asserted that the ministry was confident of implementing projects in the given amount.
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Ever wondered why is there a briefcase or bahi khata in every Budget photo?
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It's a colonial ritual to carry a briefcase on the budget day. This is probably the most notable throwback of the entire practice of budget - the word 'budget is derived from the Middle English word 'bowgette', which came from 'bougette' which means a leather bag in French.

It's a colonial ritual to carry a briefcase on the budget day. This is probably the most notable throwback of the entire practice of budget - the word 'budget is derived from the Middle English word ..
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Earlier it was considered that a briefcase was sufficient enough to hold one's wealth.


So, now you get the etymological reference of the word budget.

Earlier it was considered that a briefcase was sufficient enough to hold one's wealth.So, now you get the etymological reference of the word budget.
It's a tradition that is derived from the British. Carrying a red briefcase or "Budget box" before the budget presentation on the Budget Day is a ritual which has been practised since 1860.
It's a tradition that is derived from the British. Carrying a red briefcase or "Budget box" before the budget presentation on the Budget Day is a ritual which has been practised since 1860.
A designed leather box (briefcase) called the “Budget Box” was presented to William Ewart Gladstone (Finance minister) by the Queen, and the same budget box has been presented to successive ministers.

However, there is no such tradition of passing the budget box is being followed in India.
A designed leather box (briefcase) called the “Budget Box” was presented to William Ewart Gladstone (Finance minister) by the Queen, and the same budget box has been presented to successive minister..
Read More
In India, the tradition of the budget bag goes back to independent India's first ever budget presented by RK Shanmukham Chetty on November 26, 1947.

The budget photograph shows Chetty, wearing a dark, pin-striped, three-piece suit, and carrying what looks like a leather portfolio bag.

Ten years later, T T Krishnamachari poses with a slender file instead of the usual budget box.
In India, the tradition of the budget bag goes back to independent India's first ever budget presented by RK Shanmukham Chetty on November 26, 1947. The budget photograph shows Chetty, wearing a dar..
Read More
By the time the 1970s came along, the box went through a makeover, emerging as the classic hardtop, aluminium-rimmed 'attache case' so beloved of the decade.
By the time the 1970s came along, the box went through a makeover, emerging as the classic hardtop, aluminium-rimmed 'attache case' so beloved of the decade.
Later FMs too experimented with the form, if not the idea, of the budget bag.

Yashwant Sinha's 1998-99 version had straps and buckles down the front while Manmohan Singh's epochal 1991version looked more or less like its Gladstone granddad but was black in colour.
Later FMs too experimented with the form, if not the idea, of the budget bag. Yashwant Sinha's 1998-99 version had straps and buckles down the front while Manmohan Singh's epochal 1991version looked..
Read More
P Chidambaram used a plain brown and a reddish brown one in the Gladstone mould while Pranab Mukherjee held up a reddish box which looked almost like a replica of its British counterpart.
P Chidambaram used a plain brown and a reddish brown one in the Gladstone mould while Pranab Mukherjee held up a reddish box which looked almost like a replica of its British counterpart.
Arun Jaitley has picked a similar box for the two years he presented the budget though in different colours - one black and the other tan. According to sources, the budget bag is actually procured by the finance ministry.

The ministry offers the FM a choice of three or four bags out of which the FM picks one depending upon his choice of colour.
Arun Jaitley has picked a similar box for the two years he presented the budget though in different colours - one black and the other tan. According to sources, the budget bag is actually procured by..
Read More
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