Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Pranab says losing sleep over rising subsidy bill    </title>
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-PTI





Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.





&quot;As Finance Minister when I think..."/>
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-PTI





Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.





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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;As Finance Minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no doubt,&quot; said Mukherjee, who is engaged in the process of firming the Budget for 2012-13 to be tabled in the Lok Sabha on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government had earlier said that its subsidy bill is likely to increase by over Rs 1 lakh crore, over and above the original estimate of Rs 1.34 lakh crore, mainly on account of higher outlay towards fertiliser, food and oil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In view of the moderate growth in revenue collection and poor receipts from disinvestment on one hand and the rising subsidy on the other, the Finance Minister will have a tough time in balancing the budget figures.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The fiscal deficit, which he had proposed to bring down from 4.7% to 4.6% of GDP in 2011-12, is expected to in the range of 5.6%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Latest tax figures released suggest that government has collected Rs 6.63 lakh crore up till January and will not be able to achieve the Rs 9.32 lakh crore target for the fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Meanwhile, CBDT Chairman Laxman Das has written to top Income Tax officials to take up the &quot;challenge&quot; of filling the deficit.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;At this critical juncture, our task as revenue administrators becomes that much more challenging. As senior officers, we have to play a critical role in making all possible efforts to improve the situation. We have to ensure every CC/DG achieves the budget target,&quot; Das told his Chief Commissioners and Commissioners.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Finance Ministry said in a statement that at the present rate of growth, the Central Board of Excise and Customs, responsible for collecting indirect taxes, &quot;should be able to achieve the target of Rs 3,92,908 crore&quot;.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.business-standard.com/budget2012runup/news/pranab-says-losing-sleep-over-rising-subsidy-bill/157465/&amp;tp=on" class="re" target="_blank">The Business Standard, 8 February, 2012, http://www.business-standard.com/budget2012runup/news/pranab-says-losing-sleep-over-rising-subsidy-bill/157465/&amp;tp=on</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Pranab says losing sleep over rising subsidy bill    </title>
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-PTI





Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.





&quot;As Finance Minister when I think..."/>
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-PTI





Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.





&quot;As Finance Minister when I think..." />
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    <h1 class="cat-box-title">Pranab says losing sleep over rising subsidy bill</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;As Finance Minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no doubt,&quot; said Mukherjee, who is engaged in the process of firming the Budget for 2012-13 to be tabled in the Lok Sabha on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government had earlier said that its subsidy bill is likely to increase by over Rs 1 lakh crore, over and above the original estimate of Rs 1.34 lakh crore, mainly on account of higher outlay towards fertiliser, food and oil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In view of the moderate growth in revenue collection and poor receipts from disinvestment on one hand and the rising subsidy on the other, the Finance Minister will have a tough time in balancing the budget figures.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The fiscal deficit, which he had proposed to bring down from 4.7% to 4.6% of GDP in 2011-12, is expected to in the range of 5.6%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Latest tax figures released suggest that government has collected Rs 6.63 lakh crore up till January and will not be able to achieve the Rs 9.32 lakh crore target for the fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Meanwhile, CBDT Chairman Laxman Das has written to top Income Tax officials to take up the &quot;challenge&quot; of filling the deficit.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;At this critical juncture, our task as revenue administrators becomes that much more challenging. As senior officers, we have to play a critical role in making all possible efforts to improve the situation. We have to ensure every CC/DG achieves the budget target,&quot; Das told his Chief Commissioners and Commissioners.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Finance Ministry said in a statement that at the present rate of growth, the Central Board of Excise and Customs, responsible for collecting indirect taxes, &quot;should be able to achieve the target of Rs 3,92,908 crore&quot;.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.business-standard.com/budget2012runup/news/pranab-says-losing-sleep-over-rising-subsidy-bill/157465/&amp;tp=on" class="re" target="_blank">The Business Standard, 8 February, 2012, http://www.business-standard.com/budget2012runup/news/pranab-says-losing-sleep-over-rising-subsidy-bill/157465/&amp;tp=on</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Pranab says losing sleep over rising subsidy bill    </title>
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-PTI





Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.





&quot;As Finance Minister when I think..."/>
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-PTI





Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.





&quot;As Finance Minister when I think..." />
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    <h1 class="cat-box-title">Pranab says losing sleep over rising subsidy bill</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is &quot;losing sleep&quot; over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;As Finance Minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no doubt,&quot; said Mukherjee, who is engaged in the process of firming the Budget for 2012-13 to be tabled in the Lok Sabha on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government had earlier said that its subsidy bill is likely to increase by over Rs 1 lakh crore, over and above the original estimate of Rs 1.34 lakh crore, mainly on account of higher outlay towards fertiliser, food and oil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In view of the moderate growth in revenue collection and poor receipts from disinvestment on one hand and the rising subsidy on the other, the Finance Minister will have a tough time in balancing the budget figures.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The fiscal deficit, which he had proposed to bring down from 4.7% to 4.6% of GDP in 2011-12, is expected to in the range of 5.6%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Latest tax figures released suggest that government has collected Rs 6.63 lakh crore up till January and will not be able to achieve the Rs 9.32 lakh crore target for the fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Meanwhile, CBDT Chairman Laxman Das has written to top Income Tax officials to take up the &quot;challenge&quot; of filling the deficit.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;At this critical juncture, our task as revenue administrators becomes that much more challenging. As senior officers, we have to play a critical role in making all possible efforts to improve the situation. We have to ensure every CC/DG achieves the budget target,&quot; Das told his Chief Commissioners and Commissioners.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Finance Ministry said in a statement that at the present rate of growth, the Central Board of Excise and Customs, responsible for collecting indirect taxes, &quot;should be able to achieve the target of Rs 3,92,908 crore&quot;.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.business-standard.com/budget2012runup/news/pranab-says-losing-sleep-over-rising-subsidy-bill/157465/&amp;tp=on" class="re" target="_blank">The Business Standard, 8 February, 2012, http://www.business-standard.com/budget2012runup/news/pranab-says-losing-sleep-over-rising-subsidy-bill/157465/&amp;tp=on</a><div class="clear"></div>
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Home हिन्दी

Pranab says losing sleep over rising subsidy bill

Published on Feb 9, 2012   Modified on Feb 9, 2012

-PTI Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is "losing sleep" over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12. "As Finance Minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no doubt," said Mukherjee, who is engaged in the process of firming the Budget for 2012-13 to be tabled in the Lok Sabha on March 16. The government had earlier said that its subsidy bill is likely to increase by over Rs 1 lakh crore, over and above the original estimate of Rs 1.34 lakh crore, mainly on account of higher outlay towards fertiliser, food and oil. In view of the moderate growth in revenue collection and poor receipts from disinvestment on one hand and the rising subsidy on the other, the Finance Minister will have a tough time in balancing the budget figures. The fiscal deficit, which he had proposed to bring down from 4.7% to 4.6% of GDP in 2011-12, is expected to in the range of 5.6%. Latest tax figures released suggest that government has collected Rs 6.63 lakh crore up till January and will not be able to achieve the Rs 9.32 lakh crore target for the fiscal. Meanwhile, CBDT Chairman Laxman Das has written to top Income Tax officials to take up the "challenge" of filling the deficit. "At this critical juncture, our task as revenue administrators becomes that much more challenging. As senior officers, we have to play a critical role in making all possible efforts to improve the situation. We have to ensure every CC/DG achieves the budget target," Das told his Chief Commissioners and Commissioners. The Finance Ministry said in a statement that at the present rate of growth, the Central Board of Excise and Customs, responsible for collecting indirect taxes, "should be able to achieve the target of Rs 3,92,908 crore".

The Business Standard, 8 February, 2012, http://www.business-standard.com/budget2012runup/news/pranab-says-losing-sleep-over-rising-subsidy-bill/157465/&tp=on

Tagged with: subsidies Governance

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