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FINANCE Minister Raghavji presented Rs 65,845-crore Budget in the MadhyaPradeshAssembly on Thursday, saying that for the first time more than half of that amount will be spent on the poor.

The Budget for 20112012, Raghavji's eighth exercisesincetheBJPcameto powerin2003,isanincrease of 28 per cent over the last Budget of 2010-11.

PATNA: With the Bihar legislature's budget session beginning on Tuesday, checking corruption and procuring power, along with increased spending on education, agriculture and health care are the prime focus of the State budget to be presented by Deputy Chief Minister Sushil Kumar Modi on February 25.

In his inaugural address to both Houses of the legislature, Governor Debanand Konwar said 394 ca

The government is looking at scrapping 5% customs duty on liquified natural gas (LNG) as it seeks to help user industries like power and fertiliser producers that are facing reduced availability of natural gas due to declining gas production in the country.

Consumer-connect, sustainable strategies and adopting new technologies can salvage the sector from its faceless existence

INSTITUTIONS make choices at forks on their journey and embark on distinctive trajectories. The choice made is influenced by its culture and mindset.

The government attaches top most priority to the energy sector and the Energy Ministry has promised an allocation of Taka 45,000 crore from Taka 130,000 crore in the proposed budget of the forthcoming financial year.

Chairman of the Parliamentary Standing Committee on Power, Energy and Mineral Resources, Maj Gen (retd) Mohammad Shubid Ali Bhuiyan told this at a roundtable here on Saturday.

H

PARLIAMENT on Tuesday passed the budget 2010-11 with the finance minister Pranab Mukherjee remaining firm and turning down all pleas for a rollback of increase in duties on fuel.

Mumbai: The government has been claiming a load-shedding free Maharashtra by 2012, but the provision in the budget indicates otherwise.

Three of its major power generation plants, with consolidated generation of more than 4,000mw, are expected to be commissioned not before 2014-15, the budget document states.

VAT Raised By 5-12.5 Percentage Points On Several Items; Highest Allocation To Transport Sector

THE Delhi government on Monday raised tax rates on a number of items to generate additional revenues to meet the expenditure on the Commonwealth Games, a move that could upset many a household budget in the national capital.

New Delhi: There will be no rollback of the recent increase in fuel prices. With Congress holding firm on the decision announced in the budget, and with allies coming around, the new rates of petrol and diesel will remain in force.

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