politicos-react-as-jaitley-to-present-economic-survey-2014-15-in-parliament-today

Politicos react as Jaitley to present Economic Survey 2014-15 in Parliament today

New Delhi, Feb 27 (ANI): Politicos reacted on Friday as Union Finance Minister Arun Jaitley is likely to present the Economic Survey 2014-2015 in the Parliament this afternoon. NCP leader Tariq Anwar said that he will see how the government keeps the financial context of the country. SP leader Naresh Agarwal alleged that number game is played in the economic survey. The survey reviews the developments in the Indian economy over the past year. It highlights the performance on major development programmes and policy initiatives of the government, say reports. The survey also points out the prospects of the economy in the short to medium term and is presented to both Houses of Parliament. Feb 27, 2015
finance-minister-jaitley-to-present-economic-survey-2014-2015-in-parliament

Finance Minister Jaitley to present Economic Survey 2014-2015 in Parliament

New Delhi, Feb 27 (ANI): Finance Minister Arun Jaitley is all set to present the Economic Survey 2014-2015 in the Parliament on Frriday. The documents of the economic survey has already reached the Parliament and is being inspected and checked by the security officials along with sniffer dogs. The survey reviews the developments in the Indian economy over the past year. It highlights the performance on major development programmes and policy initiatives of the government, say reports. The survey also points out the prospects of the economy in the short to medium term and is presented to both Houses of Parliament. Meanwhile, investors have maintained cautious stance ahead of the Economic Survey even as sensex gains over 150 points. Feb 27, 2015
jaitley-defends-clauses-of-proposed-land-bill-asks-opposition-not-to-make-industry-a-bad-word-1

Jaitley defends clauses of proposed land bill, asks opposition not to make Industry 'a Bad Word' 1

New Delhi, Feb 26 (ANI): Union Finance Minister Arun Jaitley on Thursday came out in strong defence of the government's proposed land reforms, in the Rajya Sabha. Chiding the opposition Jaitley asked them not to create an atmosphere where 'industry' and 'infrastructure' become bad words. He also added that parties like the Congress have erred greatly in hawking the government's plans as "anti-farmer". Feb 26, 2015
jaitley-defends-clauses-of-proposed-land-bill-asks-opposition-not-to-make-industry-a-bad-word-2

Jaitley defends clauses of proposed land bill, asks opposition not to make Industry 'a Bad Word' 2

New Delhi, Feb 26 (ANI): Union Finance Minister Arun Jaitley on Thursday came out in strong defence of the government's proposed land reforms, in the Rajya Sabha. Chiding the opposition Jaitley asked them not to create an atmosphere where 'industry' and 'infrastructure' become bad words. He also added that parties like the Congress have erred greatly in hawking the government's plans as "anti-farmer". Feb 26, 2015
farmers-hopeful-for-more-funds-adequate-security-to-crops-in-budget-2015-2016

Farmers hopeful for more funds, adequate security to crops in Budget 2015-2016

Rajouri, Feb 25 (ANI): Indian farmers are pinning hopes on Finance Minister Arun Jaitley when he presents the central budget for 2015-2016. They want more allocation of funds, adequate insurance to their crops, mainly dependent on the vagaries of unpredictable climate. India is primarily an agrarian economy with about 70 percent of the population working in fields. Farmers in Rajouri district of Jammu and Kashmir say the successive governments have taken some policy decisions to improve the farm output, but the benefits have failed to trickle down at the lower level. Area Development Officer (Vegetable) in Rajouri, Sadaqat Hussain who has been working with the farmers to help improve their output and sharing government initiatives with them rules the fact that the government policies have not yielded much. Feb 25, 2015
central-government-gives-higher-share-to-states-in-central-taxes

Central government gives higher share to states in central taxes

New Delhi, Feb 25 (ANI): Finance Minister Arun Jaitley has stated that the recommendations by the 14th Finance Commission were accepted and raised the share of states in central taxes from 32 percent to 42 percent. This is the single largest increase ever recommended giving more power to states in determining how they spend this money. Jaitley said that each recommendation would be implemented for five years. He also urged states to be self sufficient and stop looking at the central government. Jaitley said it was a part of Prime Minister Narendra Modi’s idea of giving greater autonomy to states in financing and designing the schemes. Feb 25, 2015

Budget hopes: Jewellers in Surat seek import duty cut on gold

Surat, Feb 25 (ANI): With the Narendra Modi government all set to present its first full-fledged budget, jewellers in Surat pin their hopes on Finance Minister Arun Jaitley to cut down the import duty on gold. The present 10 per cent import duty on gold was set in 2013 by the previous Congress party-led government as part of efforts to cut the current account deficit. Jaitley will on February 28 present his first full-year budget, seeking to put Asia's third-largest economy on a path of 7-8 percent growth over the next two years. A jeweller, Milan Shah, said on Tuesday that the high import duty was discouraging NRIs to buy jewellery from India. Gold is a popular gift at weddings in India and is also bought for auspicious occasions and hence reducing the import duties is the only way to revive the declining imports. Feb 25, 2015
ordinances-cannot-bypass-parliament-jaitley-on-land-acquisition

Ordinances cannot bypass Parliament: Jaitley on Land Acquisition

New Delhi, Feb 24 (ANI): Union Finance Minister Arun Jaitley on Tuesday said that Ordinances and laws cannot bypass the Parliament adding that the government was well within its rights to take the Ordinance route, amidst an uproar in the Rajya Sabha over the Land Acquisition Bill. Congress leader Anand Sharma, however, shot back saying Jaitley expected the Parliament to rubber stamp the Ordinances. The government is today introducing the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 in the Parliament to replace the Land Acquisition Ordinance. The government had last year in December circulated the ordinance which had brought changes in the previous bill passed in 2013 by the UPA regime. Earlier in the day, Congress leader Mallikarjun Kharge had termed the Land Acquisition Bill as 'anti-farmer' and added that his party will counter it tooth and nail by taking support from all the opposition parties. Trinamool Congress (TMC) legislators also staged a protest against the Land Acquisition Bill outside the Parliament. Feb 24, 2015