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Annual budget News

06 Jan 2021

Finance Ministry kickstarts Budget making exercise amid COVID-19 pressure

The economy is projected to contract by a massive 10.3 per cent this year, according to an IMF forecast Even the Reserve Bank of India expects the economy to shrink by 9.5 per cent in the current financial year As per the finance ministry schedule, the nearly one-month long exercise to finalise the Revised Estimate for 2020-21 and Budget Estimate for 2021-22 began today

Government spending

18 Dec 2017

Govt seeks Parliament nod for $5.2 billion net extra spending

The additional spending will be on top of an approved spending of $334.9 billion in the annual budget, the statement tabled in the lower house of parliament said.

08 Jun 2017

Thailand proposes palace budget of more than $123 million

Thailand`s junta plans to allocate more than $123 million for the monarchy in the 2018 budget, an apparent cut of more than 14 percent from this year.

30 May 2017

Nepal unveils Rs 1,279 billion budget for 2017-18

The government in the next fiscal year is transferring Rs 225 billion, or 17.6 percent of the total budget, to local bodies, as per the commitment.

15 Mar 2017

Andhra Pradesh Budget to focus on education and rural development

The Andhra Pradesh government today presented its budget for the financial year 2017-18.

01 Mar 2017

Madhya Pradesh government will pay fees of meritorious students

The Madhya Pradesh government will launch a scheme for providing financial assistance to meritorious students going for higher studies from the next financial year.

19 Aug 2016

Goods and Service Tax to impact annual budget too?

06 Jan 2015

Get 'out of the box' ideas for Budget: PM to ministers

With budgetary exercise underway, Prime Minister Narendra Modi on Monday asked his ministerial colleagues to get "out of the box" ideas from the common man which could be incorporated in the financial outlay.

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