Union Finance Minister Arun Jaitley presented the Union Budget 2016 and the Finance Bill at the Parliament today. Below are the key highlights: Fiscal Related: GDP growth has accelerated to 7.6% while CPI inflation has come down to 5.4%. Fiscal deficit in for FY 2015-16 and FY 2016-17 retained at 3.9% and 3.5% respectively Revenue […]
1. The Economic survey was presented by the Finance Minister Arun Jaitley in the Lok Sabha on Friday. The survey predicted GDP growth rate in the range of 7 to 7.75% for financial year 2016-17, which will be the highest in the world. It said government will meet its fiscal deficit target of 3.9% of GDP. The […]
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Railway Minister Suresh Prabhu has presented Railway budget at Lok Sabha today for financial year 2016-17. Key highlights of railway budget are Proposed a plan size of one lakh twenty one thousand crore rupees in 2016-17 Proposed to reorganize the Railway Board along business lines suitably empowering Railway board chairman Aims to achieve operation ratio […]
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Finance Minister Arun Jaitley present Union budget to make way for high economic growth and favorable environment for business investment. Key highlights are: Fiscal Deficit and Growth Related GDP growth seen at between 8% and 8.5% year on year Aiming double digit growth rate, achievable soon Fiscal deficit seen at 3.9% of GDP in 2015/16 […]
Union Railway Minister Suresh Prabhu has presented Railway budget today at the Parliament. This is the second Railway budget presented by the newly elected NDA government under the leadership of Narendra Modi. Key aims are better customer experience, higher safety, improved and modernized infrastructure, and make Indian Railways financially self-sustainable. Key Highlights of […]
Continue reading about Union Railway Budget 2015-16 Highlights
Union Finance Minister Arun Jaitley has presented first budget for the newly elected NDA government today. The key highlights are: Fiscal/Economy Related Fiscal deficit target retained at 4.1% of GDP for current fiscal year and 3.6% for 2015-16 and 3% for 2016-17 Revenue Deficit seen at 2.9% for Financial year 2014-15 Aim to achieve 7-8% economic […]
Union Railway Minister Sadanand Gowda has presented Railway budget today. This is the first Railway budget presented by the newly elected NDA government under the leadership of Narendra Modi. Key Highlights of the Railway budget 2014-15 Indian railways to become the largest freight carrier in the world. Social obligation of Railways in 2013-14 was Rs […]
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Finance minister P Chidambaram has presented his interim budget for 2014 today which is also known as Vote on Account. This budget will be applicable only till the upcoming General Election. He did not announce for any populist measures and given suitable Fiscal Deficit related targets which the credit rating agencies will be closely looking […]
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Railway Minister Mallikarjun Kharge has presented interim railway budget today. Mallikarjun Kharge is the second Railway Minister from Congress Party in the 10-year UPA regime to be presenting a Railway Budget, although interim after Lalu Prasad from RJD had presented vote-on-account (interim budget) in 2009 under UPA -I. The highlights of the budget details are: […]
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Finance Minister P. Chidambaram has presented Union Budget for the year 2013-14 at the parliament today. Please find below the highlights for the same. Financial Highlights In 2013-14, the budget estimate is Rs 16,65,297 crore. The revised expenditure target is Rs 14,30,825 crore Plan expenditure Rs 5,55, 322 crore Rs 14,000 crore capital infusion into public sector banks in 2013—14 […]