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BUDGETARY MECHANISM
Peace, connectivity and growth reshape Northeast, says Amit Shah at NEC meetUnion Home Minister Amit Shah celebrated the strides made by the Modi government in the Northeast during a spirited address. He pointed out...
Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
NHAI lines up 17 highway assets spanning 1,692 km for monetisation in FY27National Highways Authority of India plans to monetize 17 highway assets spanning over 1,600 km in FY 2026-27. These stretches are located ...
Shiv Sena MP pitches virtual panel meets, eyes ₹100 crore savingShiv Sena MP Milind Deora proposes shifting parliamentary committee and PSU review meetings online. This move could save the government app...
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
Jan Suraksha revamp: PMJJBY, PMSBY, APY may see increase in sum insuredThe government is contemplating a substantial expansion of insurance benefits within its renowned Jan Suraksha initiatives. This strategy i...
Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspentParliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant f...
Something is going seriously wrong with the US Navy: After the USS Gerald Ford fire comes another crisis — Navy warship Higgins goes dark for hoursAfter the Gerald Ford Fire, the USS Higgins goes dark, and the US Navy's crisis deepens. A guided-missile destroyer loses all power and pro...
Amid Mythos concerns, FM Nirmala Sitharaman asks financial sector to be 'exceptionally vigilant'Finance Minister Nirmala Sitharaman has called for heightened cybersecurity vigilance across the financial sector. She highlighted that adv...
Budget 2026 should back processing, recycling of critical minerals: Deloitte India reportThe upcoming Union Budget 2026 should expand its focus beyond exploration and mining to include targeted support for processing and recycli...
J&K budget utilisation 27% less in 2020-21: CAGThe CAG recommended that the government should explore ways to minimise its committed expenditure so that more funds could be made availabl...
Fresh row over Rs 41k crore sops for electronic makersThe Department of Revenue and the handset industry, backed by the IT ministry, are at odds over the implementation of the much-touted Rs 41...
Revenue department, industry at odds over manufacturing scheme implementation“The (outgoing) Merchandise Exports Incentive Scheme (MEIS) was a duty credit scrip. These scrips were automatically linked to exports, onc...
Government fails to devise mechanism to fix budgetary deficienciesGovernment has failed to devise any effective mechanism to overcome deficiencies in existing system of budgetary planning and control, a Pa...
- Parliamentary panel's concern over fund crunch for MEA
A Par panel said it was "appalled" to know that due to budgetary constraints, it was unable to implement the decision to give USD 100 mn gr...
- Railway budgetary mechanism faulty: CAG
The CAG report of the fiscal 2010-11 also found railways at fault for not presenting any of the statements of fiscal policy in Parliament a...
- PAC pulls up finance ministry for excess spends
The Public Accounts Committee has pulled up the finance ministry for incurring excess expenditure and asked it to overhaul the budgetary me...
- Oil firms' navratna status under threat
Forced to survive on oil bonds, the public sector oil companies, IOC, HPCL and BPCL, now face the prospect of losing the prestigious navrat...
- Department of Economic Affairs gets a meaty pie
Even as Finance Minister Jaswant Singh sought to prune plan expenditure of all central ministries in the run-up to preparing the expenditur...