Additional Rs 1.45 lakh-cr budget for FCI is indicative estimate; food subsidy 'adequate' for procurement: GovtAn extra-budgetary provision of Rs 1.45 lakh crore made to state-run FCI in the Budget for 2023-24 fiscal is an "indicative outlay" of shor...
Budget capex not as high as it sounds: Crisil ResearchThe research wing of the agency said, if one excludes the Rs 1 lakh cr of loans to states for capex included in the headline figure of Rs 7...
Ministry of petroleum and natural gas praises Oil India Limited for over achieving the target by 330.7%Secretary Mopng Tarun Kapoor in a letter stated, "An internal review of the achievement of the budgeted IEBR for FY 20- 21 revealed that as...
Top three PSU coal miners' capex to rise 15% in FY20According to the Expenditure Budget, this spending would be part of internal and extra-budgetary resources (IEBR) of the central public sec...
Budget 2018: Govt exploring blockchain tech to usher in digital economy for allThe finance minister also singled out emerging technologies like artificial intelligence (AI), internet of things (IoT) and 3D printing, nu...
Budget 2018: Next fiscal, Air India to get Rs 650 crore under turnaround planThe lower allocation for the ailing carrier in the Budget 2018-19 that was presented today also comes at a time when the stake sale process...
Budget: Civil aviation ministry gets Rs 6,602 crore allocationDebt-laden Air India, for which the government has started the process of disinvestment, would receive a budgetary support of Rs 650 crore ...
'Enhanced budget allocation to infra will boost order inflow'Central government has retained its focus on infrastructure development by increasing allocation towards the sector with focus on key segme...
Parliamentary panel asks government to expedite fund raising for road projectsThe Ministry has set a high target of constructing 10,000 km road in the year 2016-17.
Government mulls tolls on public-funded national highways"Proceeds from such monetisation of completed national highway projects shall be utilised for construction, operation and maintenance of na...
NHPC Board to consider raising up to Rs 900 crore"Out of this, Rs 276 crore will be covered under IEBR 2016-17 and balance for recoupment of IR and refinance purpose," the filing said.
Planning Commission's over-optimism worries GovernmentFM has cautioned against Plan panel's over-optimistic assessment on subsidy reduction and investment.
- SAIL plans Rs 14,337-cr capacity expansion in 2011-12
SAIL has three alloy steel plants at Durgapur, Salem and Bhadravati in Karnataka. It proposes to invest Rs 25 crore in these three faciliti...
- Major booster shot for infrastructure
The government, in its pursuit to pump money into the real economy, may give a thumbs up to the infrastructure sector in the interim budget...
- Plan panel for 4-fold increase in power PSUs' target
Planning Commission proposes to increase the funds power PSUs must generate on their own by almost four times to Rs 2,78,800 crore.
- Rs 1500cr remains unspent with steel PSUs
Ironically, for the current fiscal again the steel PSUs prepared inflated estimates.
- 10th plan sectoral investment target cut by 19%
The Planning Commission has scaled down sectoral public investment targets in the Tenth Plan period by 19% from Rs 1,209,300 crore to Rs 98...