Search Results for: P. Chidambaram

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Congress hails Chidambarms interim budget

New Delhi, Feb 17 (ANI): Union Finance Minister P Chidambaram on Monday presented the interim budget for the fiscal year 2014-15 to cover expenditure until the government's term ends in May. Congress leaders hailed the budget and said that the government did not fall prey to populism and did not sacrifice the stability of economy. Feb 17, 2014
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Chidambarams Interim Budget 2014 highlights - Part - 2

New Delhi, Feb 17 (ANI): Union Finance Minister P Chidambaram presented the interim budget for the fiscal year 2014-15 on Monday in Lok Sabha. While presenting the budget Chidambaram said that the fiscal deficit for the current financial year will be contained at 4.6% of GDP well below the red line of 4.8 %. The fiscal deficit, which is the gap between expenditure and revenue, was 4.9% of GDP in the previous financial year. He said that the government's objectives included fiscal consolidation, reviving the growth cycle and enhancing manufacturing. Feb 17, 2014
chidambarams-interim-budget-2014-highlights-part-1

Chidambaram's Interim Budget 2014 highlights - Part - 1

New Delhi, Feb 17 (ANI): Union Finance Minister P Chidambaram presented the interim budget for the fiscal year 2014-15 on Monday in Lok Sabha. While presenting the budget Chidambaram said that the fiscal deficit for the current financial year will be contained at 4.6% of GDP well below the red line of 4.8 %. The fiscal deficit, which is the gap between expenditure and revenue, was 4.9% of GDP in the previous financial year. He said that the government's objectives included fiscal consolidation, reviving the growth cycle and enhancing manufacturing. Feb 17, 2014
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Chidambaram to present interim budget today

New Delhi, Feb 17 (ANI): Finance Minister P Chidambaram will present the interim budget in the Lok Sabha on Monday. The vote-on-account will authorize the government to release expenditure on different heads till a regular budget is presented. Before the concluding winter session of parliament, Chidambaram had said the government would only tinker in areas that are essential to revive the economic growth which might include some changes in excise and service taxes. Feb 17, 2014
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P Chidambaram finalises interim budget

New Delhi, Feb 16 (ANI): Finance Minister P Chidambaram on Sunday finalised the interim budget or Vote On Account for fiscal year 2014-15 in New Delhi, which will be presented in parliament tomorrow.Chidambaram will be walking a tightrope when he presents an interim budget on Monday, doling out more funds to woo voters and tax cuts to support industry while projecting a lower fiscal deficit before elections.India is facing its worst economic slowdown in nearly a decade, with shrinking manufacturing, slower jobs growth and high inflation limiting the government's ability to offer sops to voters or companies to boost growth. Feb 16, 2014
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Chidambaram releases budget manual

New Delhi, Feb 11 (ANI): Union Finance Minister P Chidambaram on Tuesday released budget manual in Hindi language in New Delhi. It is for the first time that Finance Ministry has released budget manual in Hindi language. The 266-page manual provides guidelines regarding the preparation of the country's annual budget as well as content of the Union budget. Feb 11, 2014
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Chidambaram calls for utilisation of human and material resources for sustainable growth

New Delhi, Feb 5 (ANI): Union Finance minister, P Chidambaram, delivering a key-note address at the three-day Business Conclave held in the capital on Wednesday emphasised on the need for efficient use of human and natural resources for sustainable growth rate in the country. He further said that the lives of most people in the country have improved but there is a glaring inequality creating a divide between the rich and the poor. Feb 5, 2014
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Chidambaram doubts passage of key legislations in parliament, BJP slams

New Delhi, Feb 05 (ANI): The BJP condemned Union Finance Minister P Chidambaram’s comment that it was doubtful whether any key legislation, except for the vote-on-account, will be passed in the current session of Parliament which began on Wednesday. Slamming Chidambaram, BJP leader Balbir Punj said that with such remarks Chidambaram is only admitting that Government is not serious on passing the Bills. Feb 5, 2014
arvind-kejriwal-targets-top-leaders-makes-indias-most-corrupt-list

Arvind Kejriwal targets top leaders, makes 'India's most corrupt' list

New Delhi, Jan 31 (ANI): Delhi Chief Minister Arvind Kejriwal on Friday read out his list of 'India's most corrupt', including union ministers and leaders from all parties, and urged his AAP members to treat the national election as a movement to cleanse Parliament. Kejriwal's list included Congress' Rahul Gandhi, P Chidambaram and Sushil Kumar Shinde, BJP's Nitin Gadkari, Yeddyurappa, Anant Kumar, and others like Mayawati, Mulayam Singh Yadav and Sharad Pawar. Jan 31, 2014
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India, Fiji sign DTAA to avoid double taxation

New Delhi, Jan 31 (ANI): India and Fiji signed a pact to avoid double taxation and to facilitate mutual economic co-operation between the two countries. The Government of India signed the Double Taxation Avoidance Agreement (DTAA) with the Government Fiji that also provides for exchange of banking information for tax administration purpose. The pact was signed in New Delhi by India’s Finance Minister P Chidambaram and the Attorney General and Minister of Justice, Aiyaz Sayed-Khaiyum on behalf of the Government of Fiji. Speaking on the occasion, Chidambaram said the need for DTAA between the two countries was required and negotiations were already completed in 2011. Jan 31, 2014
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Finance minister calls for technology advancement for customs department

New Delhi, Jan 27 (ANI): In an event to felicitate Customs officials on Monday to mark the International Customs Day in New Delhi, Finance Minister P. Chidambaram, emphasized on the need for technology advancement in the Customs department. Chidambaram honoured the work of many Customs officials by presenting them with certificates. Chidambaram focused on the advancement of technology in this sector as it has almost become the driving force of the 21st century. Along with GST, Customs will become the second major tax revenue, as stated by Chidambaram. He emphasized that customs are essential as they aid legitimate trade and prevent illegitimate trade. It keeps a tap on gold smuggling. Jan 27, 2014
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Invite Kapil Sibal for debate on any topic: Ravi Shankar Prasad

New Delhi, Jan 23 (ANI): Reacting on Kapil Sibal's 'salesman remark' on Narendra Modi, BJP leader Ravi Shankar Prasad condemned the same and invited Sibal for an open debate on any topic whatsoever. Further, commenting on P Chidambaram's remark on BJP, Prasad said that P Chidambaram has rattled the whole financial structure of the nation and he should concentrate on the same. Jan 23, 2014
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Chidambaram heads to Davos for World Economic Forum meeting

New Delhi, Jan 22 (ANI): Finance Minister P. Chidambram has left on a four-day official visit to Davos, Switzerland, to attend a meeting of the annual World Economic Forum (WEF). The meeting is being held from January 21 to 24. During his stay in Davos, Chidambaram will meet with world industry leaders, investors and entrepreneurs from around the world. He also will be attending sessions on 'The India Outlook', 'The Path to Regulatory Reform', 'Bricks in Midlife Crisis', 'Rethinking Financial Governance and the Role of Financial Services in Society and India' and 'Renewing Partnerships, delivering Growth' among others. Jan 22, 2014
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'Young India, Empowered India' should be Congress' slogan: P Chidambaram

New Delhi, Jan 17 (ANI): While addressing at AICC meet on Friday, Finance Minister P Chidambaram said that the party's slogan should be 'Young India, Empowered India' and he urged for younger Congress leaders. Chidambaram while praising Congress said that every milestone and all great legislations in India's history took place when Congress was at guard. He also said that Congress is unlike other parties who fades away when not in power, and continues to work for the development of nation. Jan 17, 2014
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