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March 19, 2010

Tamilnadu Budget 2010-2011 highlights – TN state Budget 2010 live

Filed under: Business — Tags: — admin @ 6:13 am

Today Tamil Nadu Finance Minister K. Anbazhagan has presented the state budget for 2010-2011. Well overall, this budget has brought no extra burden for a common man of Tamil nadu.

The highlights of this budget is no new taxes, reduced tax rates on many items and has announced the creation of a separate department for the differently abled people.

He said in the assembly while presenting budget about the total revenue. The total revenue receipts of the government for 2010-11 are estimated at Rs.63,091.74 crore and the total revenue expenditure is estimated at Rs.66,488.19 crore. Accordingly, the revenue deficit is estimated at Rs.3,396.45 crore.

Well he also said that main deficit was caused due to the implementation of Sixth pay commission. He also announced many welfare measure for Agriculture and Co-operation, Animal Husbandry,
Irrigation and Flood control, Price Rise and Public Distribution System,
State Autonomy, Sethusamudram Project, Welfare of Sri Lankan Tamils, Law and Order, Courts, School Education, Higher Education, Health and Family Welfare, Electricity, Industries, Small Industries, Information Technology, Development of Roads, Transport, Housing, Municipal Administration, Drinking Water,Rural Development, Welfare of Women
Welfare of Children and several other issues.

March 9, 2010

Rajasthan budget 2010-11 presented by state government- Budget Highlights

Filed under: Business — Tags: — admin @ 3:35 am

Rajasthan Chief Minister Ashok Gehlot today presented State Budget for financial year 2010-2011. He presented the budget for the second time in his second tenure.

The budget mainly focussed on welfare of common man. But some of the things definitely got costlier which was against expectations of a common person.

Some of the key features of the state budget of Rajasthan were – 400 Crore alloted for Urban development in State, Ration for BPL Families at 2 Rs/Kg, AICTE based payment for Polytechnic colleges lectures, 777 Crore for water supply schemes and 12 crore for drinking water.


Other major highlights of this budget presented by state Government was 11424 Crore for energy development, 1851 crore for Road development, Five new ITI for minorities and 2 crore for Madarasa’s, SC/ST hostel will be increased to 50 from 25, 25000 gas connections to schools, Three lakh Mitrik Ton DAP for farmers AND MANY MORE.

Special issues that were taken care of were rural sector development, Women-oriented plans, focus on agriculture and etc.

March 5, 2010

Kerala and Karnataka state budget 2010-11 highlights and analysis

Filed under: Business — Tags: — admin @ 4:47 am

Both kerala and Karnataka state budget for the year 2010-2011 has been announced today. So let us analyze in details regarding the key points of this budget.

Finance minister of Kerala Thomas Isaac announced the state budget and told that this budget is common man friendly budget. He told that the key points of the budget are “an increased outlay for capital expenditure, emphasis on welfare measures, and no additional burden on the common man”.

This budget also claims emphasis on higher education and the IT sector- told finance minister.

A new surprise proposal is to establish 8 new PSUs, with an investment of Rs 125 crore. The development comes even as many PSUs are finding the going tough, and the state road transport corporation is forking out Rs 20 crore per month in interest costs.

Karnataka chief minister B S Yedyurappa also announced state budget for upcoming year. The main factors included are –

1000 new Industrial Training Institutes (ITI) to be opened under Public Private Pratnership (PPP )in rural areas.
Sanskrit University in Bangalore
Rs 25 cr for improving roads in Coorg
Rs 425 cr to develop new areas under BBMP
Rs 250 cr for widening of all state highways
4 lane highway between Hubli – Dharwad at the cost of Rs 50 cr
Better drainage system promised for Bangalore
1 per cent Hike in VAT from the next Financial year
Rs 2 cr allotted for Solar Lamp subsidy

February 25, 2010

Union budget 2010 – Watch Indian budget live from Lok Sabha Tv NDTV Aajtak with highlights

Filed under: Business — Tags: — admin @ 9:28 pm

Union Budget for 2010 is going live in 15 minutes from now from lok Sabha. The finance minister of India Pranav Mukherjee has already arrived in parliament to present Indian Union Budget 2010.

Lok Sabha TV and many channels NDTV and Aajtak is bringing this budget live to your Tv screen . And the analysis of the Finance Minister Budget will also be done right here.

The Economic Survey 2009-10 disclosed yesterday said that the economy could expand around 8.5 per cent in the next fiscal year beginning April 1, 2010, accelerating from an estimated 7.2 per cent expansion this present fiscal year.

You can watch the live telecast of this Indian Union Budget live from NDTV here. The full featured analysis of this budget will also be mentioned here and at those channels including the highlights of this year Budget.

So lets check out whether this year budget will be as per common man expectation or whether revenue generation will be the main motive. Bringing you live updates in few minutes.

Watch it live from Lok Sabha tv here. Thanx IXVU

February 23, 2010

Railway Budget 2010 – Watch Indian rail budget 2010 live from NDTV Aajtak

Filed under: Business — Tags: , — admin @ 10:14 pm

Mamta Banerjee is going to present Railway Budget 2010 in about half hour from now. Much much expectation awaited from the common man.

Well there is speculation that no passengers fares will be touched and it will remain same as earlier while Freight charges are suppose to increase today in her budget.

Well Mamta Banerjee has already arrived in Lok Sabha and is preparing to present her Railway Budget. Many new trains are expected especially in West Bengal from Didi.

When asked to a common man, some of the issues raised by them were of course fares and cleanliness. When asked from her, She told that Railway is for the people, by the people and of the people and similarly this budget will.

Well if you want to watch Indian Railway Budget live streaming from Lok Sabha. Here is some of the channels which will provide it live telecast. You can watch live Budget from Lok Sabha at NDTV here and you can also watch live analysis and highlights at Aajtak here.

Indian Railway Budget 2010 – Expectations from Mamta Banerjee

Filed under: Business — Tags: , , — admin @ 12:43 am

Railway Minister Mamta Banerjee at present might be in dilemma regarding the Indian railway Budget 2010. Whether the budget will be in favor of Common man or will it go more for revenue purpose.

Major expectations from Railway Minister is to keep passenger fares untouched so that it will be under reach of a common man.

People of West Bengal has much more expectations from her and lets see whether there is any proposal for new train routes or any increase frequency of running trains.

At present Indian Railway moves 14 million passengers with 7,000 trains daily from 6,906 stations leaving cargo trains. So question is that, whether any increase will be marked or will it be steady at present.

At present as per ministerial data, the total goods earnings grew 8.47 percent and the total passenger revenue earnings were up 7.40 percent. So definitely from this angle, it seems that freight charges will increase more profit and decrease in passenger fairs will increase people loyalty.

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