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BUDGETARY PROCESS
SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
Layoff realities: Why top performance doesn't guarantee job securityMany workers assume that strong performance ensures their position is safe. Yet, unexpected company changes like mergers or financial const...
Fertiliser subsidy bill set to overshoot budget estimate of Rs 1.71 lakh cr amid West Asia crisisIndia's fertiliser subsidy bill for fiscal 2026-27 is set to surpass its budget. Rising costs of imported urea and other fertilisers are dr...
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...
Finance Ministry caps outlay for schemes pending 16th Finance Commission approvalThe move was initiated after many ministries were not able to complete the mandatory appraisal of schemes by the March 31 deadline. The Cen...
Cabinet clears Rs 30,640 crore package for connectivity, immigration revamp, climate targetsIndia is set to boost regional air travel with the revamped UDAN 2.0 scheme. This initiative will develop 100 new airports and 200 helipads...
Parliament approves interim Budget 2024-25; Other key bills returned to LSParliament completes passage of interim Budget for 2024-25 fiscal year. Rajya Sabha returns Finance Bill 2024 and related appropriation bil...
- India asks industrialised nations to declare their financial commitments under Paris Climate pact
India’s lead negotiator Ravishankar Prasad said that industrialised countries had agreed to provide indicative figures on the amount of pub...
Lok Sabha passes demand for grants; to take up Finance Bill tomorrowThe House approved the Appropriation Bill, 2015, after the demands for grants for several ministries were collectively put to vote and pass...
Ministries told to expedite budgetary process: Agriculture Minister Radha Mohan"In a recent cabinet meeting, all ministries have been told to start the necessary work in advance for the next Budget," Agriculture Minist...
Lok Sabha passes demands for grants, completes 2nd phase of budgetThe Lower House approved the Appropriation Bill, 2014, after all the demands for grants were collectively put to vote and passed by applyin...
- Government to cap allocations for annuity payments for PPP projects
Annuity charge is the periodic payment government makes to the concessionaire for financing, construction, operation and maintenance of a P...
- Lok Sabha passes Finance Bill 2012-13
With this, the Lok Sabha has completed the three-stage budgetary process. The Finance Bill will go to Rajya Sabha which will return it for ...
- Lok Sabha passes demands for grants to withdraw Rs 54 lakh crore for 2012-13
The Lok Sabha today passed a bill allowing the central government to withdraw Rs 54 lakh crore form the Consolidated Fund to meet its expen...
Government expert panel suggests an overhaul of budgetary processAn expert panel has suggested an overhaul of budgetary process, including doing away with the plan-non-plan classification in both the cent...
- Food Processing Ministry seeks Rs 1,000 cr budgetary support
The Food Processing Ministry has sought budgetary support of Rs 1,000 crore next fiscal to help promote various schemes aimed at attracting...