Telangana Budget Session is all set to begin on February 3, with the Governor's address. This will be the first time in the past two years that the Telangana Governor Tamilisai Soundararajan, amid the rift between the ruling Bharat Rashtra Samithi (BRS) Government and the State Governor. Furthermore, this is said to be the last budget presented under the leadership of K Chandrashekar Rao Government, ahead of 2023 elections.
Courtesy: Telangana Today
Union FM Nirmala Sitharaman announces budget 2023-2024 with key announcements for agriculture, health, education and railways. Sitharaman announced libraries for students, 157 nursing colleges at core locations, new staff for Eklavya model school, Rs 2 lakh crore to be borne by centre for security needs, Rs 15,000 crore released for tribal group development mission, Rs 2.40 lakh crore for Indian Railways, Rs. 75,000 crores for railway… read-more
Courtesy: Times of India
Union Finance Minister Nirmala Sitharaman who will shortly present the full-fledged Union Budget 2023-2024, outlined seven priorities of the union budget. She emphasized seven priorities, calling it 'saptrishi'. Sitharaman said, Inclusive development, Reaching the last mile, Infrastructure and investment, Unleashing the potential, Green growth, Youth power and the Financial sector are the most important priorities for the Modi Government in… read-more
Courtesy: Hindustan Times
The Ministry of Home Affairs informed Lok Sabha that the budget allocated for the border security in the northeastern area, were increased by six folds in year 2021-22. The statement came after MP Dilip Saikia raised a question regarding the funds allocated for the said purpose. Reportedly, Rs 42.87 crore were allocated for the Indo-China border security in the year 2020-21. Whereas in 2021-22, Rs 249.12 crore were allocated.
The parliament has approved a Rs 1.42 lakh crore budget for the Union Territory of Jammu and Kashmir for the year 2022-23, on March 23. The Jammu and Kashmir Appropriation Bill, 2022 and The Jammu and Kashmir Appropriation (No.2) Bill, 2022 were approved by Lok Sabha on March 14. Finance Minister Nirmala Sitharaman said that after the abrogation of Article 370, "you see justice reaching" to the residents of J&K.
Courtesy: Press Trust Of India
After facing defeat in five poll-bound states, Congress has decided to hold a 'Chintan Shivir' with senior leaders after the Parliament session. Congress General Secretary KC Venugopal called the recent elections a "cause of serious concern" for the party. Furthermore, the five-hour meeting focused to take up immediate measures to strengthen the party. Meanwhile, R Surjewala said, "Every single member of CWC wants Sonia Gandhi to guide the… read-more
Courtesy: The Free Press Journal
Jharkhand government on March 3, unveiled a budget of Rs 1.01 lakh crore for the fiscal year 2022-23. The new budget focuses on enhances health and infrastructure. The new proposal projected a massive jump of 59% in the captial expenditure, to Rs 24,827.70 crore. Finance minister Rameshwar Oraon said, "Captial expenditure is essential for the development of the state". Also, the revenue expenditure has been projected at Rs 76,273.30 crore. … read-more
Courtesy: Press Trust Of India
First time in history, the Maharashtra Governor Bhagat Singh Koshyari left the Budget Session without addressing both houses. He left the Vidhan Sabha Central Hall amid slogans raised by legislators on March 3. With the governor taking the stage, Shiv Sena, NCP and Congress (Maha-Vikas-Aghadi) shouted slogans against Mr Koshyari. Besides BJP MLAs also raised 'low level' slogans, to avoid Koshyari's speech on behalf of Government over Nawab… read-more
Courtesy: The Hindu
PM Narendra Modi stated that the Union Budget 2022-23 focuses on providing basic necessities to the middle-class, poor and youth, on February 2. He further stated that this year's budget will lead the country towards "modernization". He said, "seven to eight years ago, India's GDP was Rs 1.10 lakh crore. Today our GDP is nearly Rs 2.3 lakh crore". FM Nirmala Sitharaman tabled this year's budget session on February 1.
Ahead of the Budget Session speech, on February 1, at 11 am, Union Finance Minister Nirmala Sitharaman has arrived at the Finance Ministry. After Finance Minister MoS Finance Pankaj Chaudhary and Bhagwat Karad have also arrived. Moreover, the Union Budget Session 2022 started from January 31, with President Ram Nath Kovind's speech. Divided in phases, the first part of the budget session is from January 31 to February 11.