Finance Ministry expects Budget to be presented on Feb 1The idea is to get the Budget passed by Parliament along with Appropriation Bill and the Finance Bill by the end of March as this would ens...
24 Dec, 2016, 11.22 AM IST
Government unlikely to go in for cut in public expenditureThere could be increase in public expenditure if the fiscal situation shows improvement, sources said, adding there was no compression last...
17 Oct, 2016, 10.53 PM IST
Telangana presents tax-free budgetThe budget estimates indicate a revenue surplus of Rs 3,718.37 crore and a fiscal deficit of Rs 23,467.29 crore, which is 3.5 per cent of t...
14 Mar, 2016, 04.58 PM IST
Finmin mulling abolishing plan, non-plan expenditure: Ratan WatalIn order to link expenditure to the outcome more efficiently, government is mulling doing away with the practice of classifying it as 'plan...
09 Dec, 2015, 02.45 AM IST
MEA gets flak from CAG over Rome Chancery building hiringCAg says the Mission and the Ministry failed to purchase building for Chancery in Rome despite requisite permission by the Committee on Non...
24 Jul, 2015, 09.05 PM IST
Modi government’s travel bills touch Rs 317 crore, at par with UPA’s average spendPrime Minister Narendra Modi has traveled extensively in his first year in office, logging more flying miles than his ministers.
22 Mar, 2015, 10.39 AM IST
Meghalaya government imposes 20% cut on non-plan expenditureSangma said his government has affected cut in non-plan expenditure as initiatives to address revenue gap arising out of NGT ban on mining ...
13 Mar, 2015, 08.08 PM IST
Telangana government to spend Rs 6 lakh crore in 5 years: CM K Chandrasekhar RaoThe proposal to sell government lands in Hyderabad to generate revenue has been put on hold, since market conditions are not conducive.
10 Mar, 2015, 09.27 PM IST
Austerity measures will have bearing on subsidies: CPI(M)"These austerity measures do not involve only a ban on first air travel, but subsidies will bear the main brunt of the cuts," party Politbu...
31 Oct, 2014, 04.27 PM IST
Modi government's austerity drive: No first class air travel, 5-star hotel meetings for officialsIssuing fresh directions to curtail expenditure, the Finance Ministry asked the government departments to cut some non-plan expenditure by ...
30 Oct, 2014, 03.29 PM IST
Fiscal deficit contained at 4.89% in FY13Finance minister P Chidambaram attributed this decline to additional tax revenues and savings on expenditure side.
01 Jun, 2013, 04.08 AM IST
- Plan expenditure 63% of budget estimate up to December: Government
The actual plan expenditure up to December 2011 of 2011-12 stood at Rs 2.77 lakh cr, as against the Budget Estimate of Rs 4.42 lakh cr, sai...
05 Sep, 2012, 05.06 PM IST
- Government enforces austerity drive
The government is looking to cut cost wherever possible with departments and ministries asked to reduce hosting foreign dignitaries or trav...
15 Aug, 2012, 10.44 AM IST
- Tough, not austere: Anaemic expenditure cuts will achieve nothing, we need bold reforms
The government is reportedly preparing for a 10% cut in non-Plan expenditure. These kind of rituals will serve very little purpose.
04 Jun, 2012, 03.49 AM IST
- Finance ministry for 10% cut in non-plan expenditure
The finance ministry announced 10% cut in non-plan expenditure in current fiscal as part of austerity measures aimed at containing its fisc...
01 Jun, 2012, 02.49 AM IST
Budget 2012: Finmin seeks to blur plan-non-plan distinctionWhile the finance ministry is pushing for inclusion of more than 10 non-plan schemes in the planned budget, the Planning Commission is resi...
03 Feb, 2012, 01.00 PM IST
- Fisc loses 14.4% more to subsidies & interest flows
The government’s non-Plan expenditure in April-December 2006-07 jumped 14.4% compared to the corresponding period in the previous fiscal.
20 Feb, 2007, 05.40 AM IST