Budget 2013 News - Page 9

Budget 2013: Measures will help register 6.5 pc growth, says Rangarajan

Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan today said all the measures proposed in the Budget for 2013-14 taken together will help the country register a growth of 6.5 per cent in the next fiscal year.

Budget 2013: Defence budget hiked 14% over last year

The defence ministry is in a major modernisation process with several acquisitions in the pipeline.

Budget 2013: Six-fold increase for Chidambaram's pet project Natgrid

Natgrid, a pet project of Finance Minister P Chidambaram during his tenure as Home Minister, witnessed a quantum jump in the 2013-14 budget getting a six-fold increase with the allocation pegged at Rs 66.5 crore.

Delhi Police budget raised for technology, training

Funds for personnel training, technology upgradation, new traffic signals and housing were the highlights of the Rs. 4,555.21 crore allocation for Delhi Police in the 2013-14 union budget, up 16 percent from the last fiscal.

Chidu has axed capital budget more than wasteful stuff

The budget's skew towards revenue expenditure continues unabated

Jayalalithaa calls Chidu's budget a 'damp squib'

Describing the Union Budget as a 'damp squib' Tamil Nadu Chief Minister Jayalaithaa today said it was full of rhetoric and lacked any tangible steps to tackle the crisis confronting the country's economy.

Budget 2013: How much more can you soak the salaried schmuck?

Only 2.5 percent of all Indians pay taxes, and a big chunk of these include the salaried class who don't have the choice to opt out, unlike their super-rich peers.

Budget 2013: Is govt trying to please rating agencies or India, asks AAP

Aam Aadmi Party (AAP) has said that the union budget 2013-2014 is a clever attempt by the government to mislead public in an election year.

Budget 2013: War machinery against Naxals gets more fund

The Indian Reserve Battalions, raised specifically to undertake active operational role in Naxal-hit areas, got a Rs 6 crore hike at Rs 52 crore in this budget.

Budget 2013: FM wants Waste-to-Energy plants, but is India ready?

Finance Minister P Chidambaram today announced a scheme to encourage cities and municipalities to take up waste-to-energy projects in PPP mode. But is India ready for such ambitious plans yet?

Budget 2013: Just money won't help public health, we need state incentives

If anybody thought that Centre’s extra allocation will make a major difference, here is the reality - the real impetus for universal healthcare should actually come from the states which account for 85% of the country’s government-spend.

Budget 2013: Defence Ministry gets 14% hike

In the midst of a major modernisation drive, the Defence Ministry got a 14 percent hike in its budget as Finance Minister P Chidambaram gave it Rs 2,03,672 crore for 2013-14 with a promise to provide any additional fund required for national security.

Chidu's Union Budget 2013 embraces 'Broken Window Fallacy'

Government's are trying to fix what isn't broken - and in the process are doing more damage with their policies of social spending

Union Budget 2013: Why Chidu's Lo-Cal budget is a flop-show

The budget is meant to be safe rather than sorry. The markets are disappointed because they expected more from Chidambaram

Budget 2013: Chidu has done well with Congress core constituency

If the budget carries a subdued populist streak, it has to do with the spate of assembly elections coming up this year. Also, there are chances that the minority government surviving on outside support could collapse anytime later this year.

Budget 2013: TISS Guwahati, AMU get Rs 100 cr each

The finance minister also focused on the need of investing more in science and technology.

Union Budget 2013: Based on reality or hope and hype?

What Chidambaram's budget will bring forth. Follow all the live updates on Chidambaram's speech here with our Editor-in-Chief R Jagannathan.

Budget 2013: Why those 42000 crorepatis don't love Chidu anymore

The crorepati's life had indeed been hit hard - income, cars, yachts - and it might all be Premji's fault...

Full text: Read P Chidambaram's complete Budget 2013 speech

Read the full text of Finance Minister P Chidambaram's budget speech made in Parliament today.

Kiran Bedi praises 'excellent' budget, BJP calls it confusing

Finance Minister P Chidambaram has finally finished delivering his Budget speech for 2013-14, and the initial reactions have been so varied, it's like there have been more than one speech!

Budget 2013 highlights: Rs 1,000 cr each for all-woman bank, Nirbhaya fund

An all-woman bank and a Rs 1,000 crore Nirbhaya fund to boost security for women in public spaces - Chidambaram goes all out to woo the Indian woman.

Budget 2013 highlights: Chidambaram ends speculation, rings in crorepati tax

The Finance Minister defied expectations and increased tax on people earning more than Rs one crore per year. However, this is only for one year.

Union Budget 2013: More money for public education, colleges

The Finance Minister has chosen to increase the allocation for the Ministry of Human Resource Development in a bid to woo the youth.

Budget 2013 Highlights: Chidu's formula for growth

Budgets can signal and impact sentiment, but they cannot really push up growth. If the Economic Survey talked about 6.1-6.7 percent GDP growth in 2013-14 even before the budget

Union Budget 2013: How Chidu cuts muscle this year to build fat next year

Now we know where the money for next year plan expenditure has come from. It is entirely by cutting this year’s budget.

Union Budget 2013: 5.3% deficit, tax on rich are 2 certainties

Chidambaram’s dilemma is this: how do you prove you are “responsible” to the raters and still be “irresponsible” enough to woo his boss without upsetting either constituency.

Hamlet, Kautilya, Nehru or Thiruvalluvar: Who will FM quote today?

Every finance minister in his budget speech has quoted some or the other famous personality, books written famous personalities, or even dead poets. Here is a compilation of few budget quotes from the ministers from MOF on North block .

5 key questions Chidambaram must answer in Union Budget 2013

What does the budget mean for financial markets? How credible is the government's fiscal deficit target? Read on to know more

Union Budget 2013: 8 ways in which FMs fudge numbers

Budget numbers can be invented at the drop of a hat if finance ministers want to desperately show better figures. So watch out.

Union Budget 2013: How realistic are expectations for auto, banking, infra?

Here we take a look at a few key industries, what they are expecting, how realistic those expectations are and what impact the announcements can have.