The Ladakh MP, Mohammad Haneefa Jan ,on Monday expressed concern on cutting by Rs. 976 crores Ladakh’s revised budget allocation for the capital component for the current financial year 2024-2025 that might slow down the region's progress.
The YSRCP boycotted the Budget session in the Assembly to protest against the Speaker who did not recognise YS Jagan Mohan Reddy as the Leader of the Opposition.
French President Emmanuel Macron’s efforts to break the political deadlock in France have taken on a sense of urgency as he narrows down his search for a new Prime Minister.
Leading budget carrier IndiGo on Friday said it will resume operations from Terminal 1 at the Delhi Airport from September 2.
Coming after a wait of almost six months, the Uni on Budget had kindled hopes in many breasts only to be dashed rudely by the Budget document. People who had set their sights on increasing their take home in come were left wondering whether they were better off earlier.
The tax revenue in the Union Budget for 2021-22 was estimated at ₹22.17 lakh crore against the revised estimates of ₹19 lakh crore, with a growth of 17%. The Union Budget was presented on 1st February, 2021 when the 1st COVID wave had tapered off in India but the world was facing successive waves.
As against the scheduled 29 sittings, the House held 27 sittings including 10 during the first part of the Budget Session and 17 during the second part that concluded on Thursday.
Minister of State in the MHA, Nityanand Rai in a written reply mentioned that the funds allocated for the security of border areas of the NE States have been utilized within the stipulated time frame.
Any growth-oriented budget that relies heavily on capital expenditure, however, is fraught with inherent risks. In propounding such a growth-oriented budget, by pushing capital expenditure, the country is exposing itself to the risks of high inflation and, accordingly, the RBI will have to take a call on increasing rates gradually to address inflation
Referring to the first part of the Budget session, he said that the first half had a good productivity of around 101.40 per cent, adding that the members should attend the proceedings of the House to make it more productive.
