Industry bodies like Confederation of Indian Industries (CII) expect the government to announce a budget which would support economic growth and employment. They expect that the government does not frame a populist budget even though election is just a year away. Call for a reform-oriented budget is becoming louder as the
Tag: budget
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Chhattisgarhs allots Rs 19 bn for urban projects
Chhattisgarh Chief Minister Raman Singh informed that the state government earmarked Rs 1,900 crore as budget outlay for the urban development department. Singh remarked that money would not be a matter when it came to take up development works in the urban localities and provide better civic amenities to the people
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Energy: Raise sectoral limits
We hope the Budget will attempt to address the issue of improving the flow of funds by revising the sectoral lending limits of banks, including the power sector in any takeĆ¢ā¬āout scheme floated by the government,
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MMRDA budget approved
Maharashtra Chief Minister Prithviraj Chavan has sanctioned Rs 5,570 crore budget for Mumbai Metropolitan Region Development Authority (MMRDA) region.
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No withholding tax: Power Min
The forthcoming budget is likely to withdraw withholding tax on overseas investment in power.