Search Results for: fiscal deficit

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Govt to allocate Rs. 2,46,727 crores to defence sector

New Delhi, Feb 28 (ANI): Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha said that the Prime Minister Narendra Modi-led government would allocate Rs. 2, 46, 727 crores in the defence sector. Jaitley said in his budget speech that the government is following a policy of transparency and quick decision-making in procurement to keep the defence forces prepared for any eventuality. Feb 28, 2015
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Union Budget: Jaitley proposes to create national agriculture market to increase farmers' income

New Delhi, Feb 28 (ANI): Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha, proposed to create a national agriculture market to increase farmers' income. Jaitley said that an ambitious soil health card has been introduced to improve soil fertility. He also proposed to allocate Rs. 25,000 crore in 2015 to rural development fund. Jaitley added that the budget ensures that it is banking the unbanked, and funding the unfunded. Feb 28, 2015
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Expectations high from the upcoming budget: Market Experts

New Delhi/ Mumbai, Feb 28 (ANI): Market experts feel that the budget for the fiscal year 2015-16 will be in line with the expectations of the common man and will change India's growth trajectory. Prime Minister Narendra Modi's stomach for free-market economics faces a major test on Saturday (February 28), in a budget India's top economic advisor has warned could wreck the leader's promises of "good days" if there's no roadmap to reform. Market expert, Akash Jindal, said on Saturday that the annual budget should help reduce the deficit in the common man's household budget. Chief Executive Officer (CEO) of Bombay Stock Exchange (BSE), Ashish Chauhan said that a pro-industry budget was the need of the hour, which creates jobs. Feb 28, 2015
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