Budget 2017: MP govt hails move towards digitisation, transparency in governance
MP finance minister Jayant Kumar Malaiya said It would alleviate poverty and greatly help farmers and the agriculture sector.
By HT Correspondent | Hindustan Times, Bhopal, Bhopal
PUBLISHED ON FEB 01, 2017 03:28 PM IST
Madhya Pradesh finance minister Jayant Kumar Malaiya termed the union budget as pro-poor and progressive.
He said the government had taken a major step towards digitisation and transparency in governance. It would alleviate poverty and greatly help farmers and the agriculture sector.
Glued to the TV screens since morning, state members of the Confederation of Industries in India were not too excited after the budget presentation.
Talking to the Hindustan Times, Pradeep Karambelkar, chairman CII, Bhopal zonal council, said, “Overall the budget was ok. They have emphasised on infrastructure, health, education and rural development but there is nothing for the corporates and industries.”
“It seemed like the finance minister was just doing an annual ritual and mostly trying to justify the central government’s stand on demonetisation. He gave something to the poor in the form of increased income tax slab but nothing for the middle class, who he praised in his speech,” said Deepak Sharma, state president, Madhya Pradesh Laghu Udyog Sangh.
Lipi Negayech, a student of economics at the Institute of Excellence for Higher Education, Bhopal, said there was nothing extraordinary in the budget that could leave a positive impact on the economy.
A low-income painter by profession, Mangal Rao said he was disappointed with the budget as it did not explain what was cheaper and what was costlier unlike in the previous budgets.
Opposition to decide on boycotting meet with PM Modi ahead of Budget session
By hindustantimes.com | Edited by Arpan Rai
UPDATED ON JAN 21, 2021 03:56 PM IST
The parties supporting the ongoing farmers' agitation will decide if they want to attend or boycott the meet called by PM Modi over the ongoing protest against farm laws, said senior Shiromani Akali Dal (SAD) leader and former MP Prem Singh Chandumajra.
‘Hope govt spends more on education sector to bridge digital divide’
By Fareeha Iftikhar, New Delhi
PUBLISHED ON JAN 20, 2021 02:17 AM IST
Last year’s budget had some allocation for virtual classes and mass online degree courses. “But in spite of that, when this year forced virtual classes and online degree courses on us, we did not see any great improvement in facilities and infrastructure,” said Monami Basu, an assistant professor.
RT-PCR tests for MPs; Zero, Question hours back in Budget session
By Saubhadra Chatterji, New Delhi
UPDATED ON JAN 20, 2021 02:08 AM IST
The Rajya Sabha will sit from 9 am to 2 pm followed by the Lok Sabha, from 4 pm to 9 pm, Lok Sabha Speaker Om Birla announced on Tuesday. As MPs don’t have priority access to Covid-19 vaccines before the session, RT-PCR tests will be done for all MPs, their families, and their assistants.
Budget session of Parliament from January 29: 10 points
By hindustantimes.com | Edited by Mallika Soni
PUBLISHED ON JAN 19, 2021 06:28 PM IST
Here’s everything you need to know about the Budget session this year
Nirmala Sitharaman holds pre-budget consultation with state finance ministers
ANI
UPDATED ON JAN 19, 2021 05:59 AM IST
The meeting, held through video conference, was attended by chief ministers, deputy chief ministers, finance ministers and senior officers from the states.
Budget session: New seating plan, security rejig likely
By Saubhadra Chatterji, New Delhi
PUBLISHED ON JAN 19, 2021 05:37 AM IST
Instead of the usually packed Lok Sabha, the proceedings will play out with MPs spaced out in the galleries and chamber of both Lok Sabha and the Rajya Sabha during the budget speech. They will also be distributed between the Central Hall, Lok Sabha and the Rajya Sabha for the President’s speech.
‘Want emergency fund, insurance for cabbies’: Vijay N
By Aroosa Ahmed, Mumbai
UPDATED ON JAN 19, 2021 07:18 AM IST
For the 2021 Union budget, Vijay N wants the government to create an emergency fund for drivers and provide insurance to cab drivers. “Drivers who have been operating for six months and do not have any accident on record should be provided with an emergency fund facility,” he said.
BJP tells MPs to ensure their presence in Parliament during budget session
ANI, New Delhi
PUBLISHED ON JAN 15, 2021 08:56 PM IST
It called upon members not to make programmes outside Delhi during the Parliament session and ensure their presence in the House.
‘Want assured income, better deal for farmers’
PUBLISHED ON JAN 15, 2021 12:40 AM IST
A 49-year-old Dalit landless labourer, Paswan sows paddy on small patches of land adding up to roughly 1.15 acres, belonging to a local landlord, Ras Bihari Singh.
Budget 2021: PMFAI demands GST reduction on pesticides to 5% from 18%
PTI
UPDATED ON JAN 14, 2021 11:22 AM IST
The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1.
Health Budget must look beyond Covid mitigation
By Sourindra Mohan Ghosh
PUBLISHED ON JAN 14, 2021 01:54 AM IST
This entails addressing prevailing systemic deficiencies along with managing the added burden of Covid-19. India’s health sector requires a two-fold intervention by the government.
ESOP tax breather among start-up incentives
By Salman SH | Livemint, Bengaluru
UPDATED ON FEB 02, 2020 02:05 PM IST
At present, employees typically pay tax when they exercise their options and when they finally sell their shares. ESOPs serve as an important compensation tool for them, particularly in fast-growing startups, whose valuations multiply at a fast rate
Credit guarantee for HFCs, NBFCs proposed in Budget 2020
By Gopika Gopakumar | Livemint
PUBLISHED ON FEB 02, 2020 01:57 PM IST
In Budget 2020-21,finance minister Nirmala Sitharaman has proposed an expansion of the existing partial credit guarantee scheme, first announced last year, to cover securities issued by NBFCs and housing finance companies (HFCs).
Quantum computing research gets Rs 8,000-crore push in Budget 2020
By HT Correspondent | Hindustan Times, New Delhi, New Delhi
UPDATED ON FEB 02, 2020 01:31 PM IST
The announcements were part of a plan meant to encourage a “new economy” that made use of technology such as artificial intelligence, Internet-of-Things, and data analytics.
Union Budget proposes 100 new airports by 2024
By Anisha Dutta | Hindustan Times, New Delhi
UPDATED ON FEB 02, 2020 01:16 PM IST
The government’s Udan scheme is aimed at making air travel affordable, improving regional connectivity and developing regional airports.