Budget Speech

  • Interim Budget: Government plans to boost PSU banks, may provide Rs 11,200 crore 17-02-2014 03:03 PM

    New Delhi: Finance Minister P Chidambaram on Monday proposed to infuse Rs 11,200 crore in public sector banks to enhance their capital in the next financial year. "In 2014-15, I propose to provide Rs 11,200 crore for capital infusion in public sector banks. They have opened 5,207 branches so far,...
  • Budget 2014: Full text of P Chidambaram's speech on vote on account 17-02-2014 01:32 PM

    Finance Minister P Chidambaram on Monday refuted the allegations of policy paralysis saying the UPA-II has brought schemes and has contained the fiscal deficit. In the UPA-II's last budget before the 2014 Lok Sabha elections, Chidambaram said the UPA-I and UPA-II have delivered above the trend. Even as he announced...
  • Government to loan Rs 4.57 lakh crore to bridge fiscal deficit in 2014-15 17-02-2014 01:24 PM

    New Delhi: The government on Monday pegged its net borrowing for 2014-15 at Rs 4.57 lakh crore, Rs 11,580 crore less than the revised estimates of the current fiscal. "The net market borrowing of the Central Government in 2014-15 is estimated to be Rs 4,57,321 crore," as per the interim...
  • Budget 2014: FM cuts excise duty, woos youngsters, taxes unchanged 17-02-2014 01:05 PM

    New Delhi: In an election year, Finance Minister P Chidambaram presented an Interim Budget shorn of rhetoric and stuck to highlighting the Congress-led UPA Government's achievements of the last 10 years. Faced with a massive economic slowdown and staring at prospects of a Congress rout in the Lok Sabha elections,...
  • Budget 2014: Watch P Chidambaram's full speech on vote on account 17-02-2014 12:37 PM

    Finance Minister P Chidambaram on Monday refuted the allegations of policy paralysis saying the UPA-II has brought schemes and has contained the fiscal deficit. Chidambaram also announced excise cuts, leading to cars, mobile phones and two-wheelers getting cheaper even as not sops were announced. ...
  • No policy paralysis, Indian economy better placed today: Chidambaram 17-02-2014 12:36 PM

    New Delhi: Rejecting arguments of "policy paralysis", Finance Minister P Chidambaram on Monday said the economy is more stable than what it was two years ago following several steps taken by the government and that the growth will be higher in the second half of the fiscal. "Thanks to the...
  • Exchange rate has stabilised: Finance Minister 17-02-2014 12:19 PM

    New Delhi: The government on Monday said the Indian currency has fared better than those of other emerging economies and the exchange rate has stabilised. Risks to capital flows were accentuated due to volatile global conditions and the US Federal Reserve's announcement last May of tapering its fiscal stimulus had...
  • Will Telangana protests disrupt Chidambaram's Budget speech? 17-02-2014 10:38 AM

    Telangana protests have been rocking the Parliament ever since the second phase of Winter Session began. It needs to be seen if the Finance Minister's Budget speech would be disrupted over Telangana on Monday. ...
  • Budget 2014: As it happened 17-02-2014 10:19 AM

    New Delhi: 12:07 pm: Towards the end of his speech, Chidambaram says, "140 million moved out of poverty during UPA-I and UPA-II regime and we are legitimately proud of it." 12:05 pm: Excise duty on mobile handset will be 6 pc on CENVAT credit to encourage domestic production. 12:02 pm:...
  • 2014 Budget is Chidambaram's ninth, one short of Morarji Desai's record 17-02-2014 10:05 AM

    New Delhi: This is one annual exercise where Finance Minister P. Chidambaram will be just one behind former prime minister Morarji Desai. One is referring to the national budget, which is called for under Article 112 of the constitution, as an annual financial statement of the government to be laid...
  • My heart bleeds seeing the scenes in Parliament: PM Manmohan Singh 12-02-2014 02:45 PM

    New Delhi: Disruption of the last Rail Budget of UPA II has disappointed all the Congress leaders including Prime Minister Manmohan Singh. Dr Singh expressed anguish over the repeated disruptions during Railway Minister's speech saying, "My heart bleeds to see what is happening in the House. It is sad for...
  • Rail Budget 2014: A mere 14-minute show due to anti-Telangana protests 12-02-2014 01:22 PM

    New Delhi: When Union Railway Minister Mallikarjun Kharge stood up in Lok Sabha to deliver his first Budget speech, little did he imagine that it would go down in the history as one of the shortest speeches read out in Parliament. With anti-Telangana MPs shouting slogans in the House, Kharge's...
  • Railway Budget 2014: New safety measures introduced 12-02-2014 01:18 PM

    Amidst increasing train accidents, Railway Minister Mallikarjun Kharge has introduced new safety measures. Towards this end, a total of 5,400 unmanned level crossings were eliminated - 2,310 by manning and 3,090 by closure/merger/ construction of ROBs/RUBs during the last five years. Some other safety measures which have been undertaken/initiated are...
  • Railway Budget 2014: List of new trains 12-02-2014 12:55 PM

    Railway Minister Mallikarjun Kharge has introduced 72 new trains in the Rail Budget 2014. These include 17 Premium trains, 38 Express trains, 10 Passenger trains, 4 MEMU and 3 DEMU. Three trains will be extended and frequency of same number of trains will be increased. Following is the list of...
  • Railway Budget 2014: Mallikarjun Kharge proposes 72 new trains, no change in fares 12-02-2014 12:12 PM

    New Delhi: Railway Minister Mallikarjun Kharge presented the Interim Railway Budget 2014 in the Lok Sabha on Wednesday amidst uproar by Seemandhra MPs protesting against Telangana. There has been no change in passenger fares while 72 new trains have been introduced. Kharge has proposed passenger rail services to Katra for...
  • Rail Budget 2014: The turbulent five years of Indian Railways 12-02-2014 08:35 AM

    New Delhi: The UPA 2 will present its interim Railway Budget on Wednesday, with a change in fares unlikely. It is the last Rail Budget for the UPA 2 before the Lok Sabha elections and the past five years have been a turbulent phase. The question is whether things are...
  • Railway Minister Kharge to present interim budget today 12-02-2014 07:12 AM

    New Delhi: Union Railway Minister M Mallikarjun Kharge will present his maiden railway budget on Wednesday. Since the term of UPA government is expiring in the next three months, the presentation will be a mere formality. It will take care of the expenses of the Railways till the new government...
  • Full text: P Chidambaram's Budget 2013-14 speech 28-02-2013 01:20 PM

    New Delhi: Union Finance Minister P Chidambaram presented his 8th Union Budget and India's 82nd. This is the last Union Budget before the 2014 Lok Sabha elections. Read the full text of Chidambaram Budget speech: Speech of P. Chidambaram, Minister of Finance February 28, 2013 Madam Speaker, I rise to...
  • Budget 2012: Full text of Pranab Mukherjee's speech 16-03-2012 01:19 PM

    Budget 2012-2013 Speech of Pranab Mukherjee Minister of Finance March 16, 2012 Madam Speaker, I rise to present the Union Budget for 2012-13. For the Indian economy, this was a year of recovery interrupted. When one year ago, I rose to present the Budget, the challenges were many, but there...
  • Full text: Pranab Mukherjee's Budget speech 28-02-2011 01:17 PM

    Complete text of Finance Minister Pranab Mukherjee's Union Budget speech for 2011-12: Budget 2011-2012 Speech of Pranab Mukherjee Minister of Finance February 28, 2011 Madam Speaker, I rise to present the Union Budget for 2011-12. We are reaching the end of a remarkable fiscal year. In a globalised world with...
  • Pranab's budget speech to be 80th in the history 27-02-2011 11:18 AM

    New Delhi: It will be the 80th budget speech presentation in the history of independent India, when Finance Minister Pranab Mukherjee on Monday reads out his taxation and other economic policies before Parliament. Parliament has so far hosted 79 budget speeches, including interim and special situation budgetary proposals, ever since...
  • Government to release Rs 150 coin soon 22-02-2011 09:24 PM

    New Delhi: For the first time in the country's minting history, government will issue coins of Rs 150, marking the number of years of taxation in India. The special coins, to be released by Finance Minister Pranab Mukherjee before his Budget speech, will also be brought out in Rs 5...
  • Budget speech 2008-09: Full text 29-02-2008 02:32 PM

    Hyderabad: Former Sri Lankan all-rounder Sanath Jayasuriya conceded that his side Ruhunu Eleven are the underdogs in the Champions League Twenty20, but said they are determined for a good show in the tournament. We are the underdogs. We have got a young team, but with lot of young stars who...
  • Flashback: PC read Budget, politicians itched, scratched 28-02-2008 04:14 PM

    New Delhi: Chennai have a number of quality players in the side, any of whom can make the difference on a given day and bring home a win for the Super Kings. Still, these four players can be key performers as the MS Dhoni-led side looks to defend their CLT20...
  • Budget speech 2007-08: Full text 28-02-2007 02:51 PM

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