-Outlook Following are the highlights of interim budget 2014-15: Income tax rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...
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Government Cuts Plan Spending by Rs 79, 790 Crore
-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...
More »Village Grain Banks for Storage of PDS Grains
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Centre has sanctioned financial assistance to the states for constructing Village Grain Banks for storage of foodgrains so that PDS beneficiaries can get the supply in time. This information was given by the Minister of Consumer Affairs, Food and Public Distribution, Prof. K.V. Thomas in a written reply in Lok Sabha today. The State-wise details of Village Grain Banks sanctioned...
More »Small steps to a bigger yield -Ratnadip Choudhury
-Tehelka Away from the politics of food security, a small initiative in Assam is changing the way young people look at agriculture. Pubali Saikia, 13, plucks fresh ripe tomatoes, as her classmate Sunti Saikia, 14, arranges beanstalks. The two teenagers are excited; it is, after all, the first produce of their life. Of late, the Titabor sub-division in upper Assam's Jorhat district has been witnessing a silent awakening of sorts. And...
More »Last ditch attempt -Jitendra
-Down to Earth UPA gives sops under MGNREGS to attract rural voters ahead of elections WITH most of its recent schemes struggling, a desperate UPA government is pinning its hopes on Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to win votes in 2014 elections. The government is overhauling the employment scheme that helped it return to power in 2009 for a reason. It touches the lives of over 55 per cent...
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