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Budget 2016 to focus on farmers, jobs, poverty eradication: Jayant Sinha

-PTI The upcoming Budget will be citizen-centric with a focus on farm sector, job creation and eradication of poverty, Minister of State for Finance Jayant Sinha said today. The upcoming Budget will be citizen-centric with a focus on farm sector, job creation and eradication of poverty, Minister of State for Finance Jayant Sinha said today. This will be the second full-fledged Budget of the ruling NDA government, and will be unveiled in Parliament...

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Union Budget likely on February 29

-The Hindu The government aims to sustain high growth and is likely to incorporate a 3-year road map. The NDA Government will present Budget 2016-17 in Parliament on February 29, Minister of State for Finance Jayant Sinha said on Thursday. The Government aims to sustain high growth and may incorporate a two-three year roadmap for economic policies, he said. “We are working hard on Budget that will be presented on February 29 and that...

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DBT in kerosene will help in better targeting of subsidy: FinMin

-PTI New Delhi: Direct transfer of kerosene subsidy to the bank accounts of users will help in better targeting of the benefits to those who actually deserve it, the Finance Ministry said today. The government had last night said it will roll out the Direct Benefit Transfer (DBT) scheme for kerosene from April 1 where the users will buy the cooking fuel at market rate but will get financial support directly in...

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Finance Ministry seeks aid from World Bank, ADB to rebuild Uttarakhand

-PTI The Finance Ministry has sought financial assistance from World Bank and Asian Development Bank (ADB) for rebuilding of damaged infrastructure in flood- ravaged Uttarakhand. "In view of the emergency situation, both ADB and the World Bank have been requested to fast track the processes of needs assessment, project preparation and approval," the Finance Ministry said in a statement. It said a joint mission of the World Bank and ADB, led...

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