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Draft Food Security Bill soon

The government will soon come out with a draft Food Security Bill, Finance Minister Pranab Mukherjee said on Friday. "Draft Food Security Bill will be placed in public domain," he said unveiling the 2010-11 budget in the Lok Sabh

NREGA allocation stepped up to Rs 40,100 crore

Allocation for NREGA stepped up to Rs 40,100 crore in 2010-11. Allocation for urban development increased by 75 per cent to Rs 5,400 crore in 2010-11. 25 per cent of plan outlay earmarked for rural infrastructure deve

Rs.1,900 crore for Unique Id project

Rs 1,900 crore allocated for Unique Identification Authority of India. Financial Sector Legislative Reforms Committee to be set up. Plan allocation for Ministry of Minority Affairs raised from Rs 1,740 crore to Rs 2,600 cror

Disivestment target Rs.25,000 crore

Highlights of Finance Minister Pranab Mukherjee`s budget speech: * Government will raise Rs.25,000 crore from disinvestment of its stake in state-owned firms. * Earnest endeavour to implement General Sales Tax in April 2011.

More than 7.2 percent growth during 2009-10: Pranab

Economic growth during the current fiscal could exceed 7.2 percent projected by the Central Statistical Organisation (CSO), Finance Minister Pranab Mukherjee said during budget presentation on Friday. Unveiling the budget for 2010-11 in Lo

Will Budget partially rollback stimulus?

Finance Minister Pranab Mukherjee is all set to present the Budget for 2010-11 on Friday, amid speculation that taxes and duties may be raised as part of a partial rollback of stimulus prescribed by government advisers. However, direct tax

Showcause notices to 44 deemed universties, Centre tells SC

 The centre has told the Supreme Court that it has decided to issue showcause notices to 44 universities as to why they should not be stripped of their "deemed" status after individually offering them sufficient opportunity to be he

Guj budget: new tax on old vehicles, tobacco-based products

The Narendra Modi-led Gujarat Government on Thursday presented budget for 2010-2011 with estimated revenue receipt of Rs.49,476.53 crore while state`s annual plan size has been fixed at Rs.29,500 crore clocking an increase of 25.5 percent in the a

Telangana panel to meet political parties

The Justice Srikrishna Committee on Telangana will start consultations with political parties and other stakeholders on the contentious statehood demand from the first week of March, the panel said on Thursday, and hoped it would be able to find a

Congress walks out of Gujarat assembly during budget speech

Opposition Congress on Thursday walked out of the Gujarat assembly when Finance Minister Vajubhai Vala started reading his budget speech sitting on his chair. This was the second time that the Congress walked out of the assembly in a day.

MP revenue reciepts up, budget presented

Madhya Pradesh Finance Minister Raghavji on Thursday said the state`s earning from revenue in 2009-10 is higher than projected in the last year`s budget and emphasised on ensuring that all departments spend the money allocated to them under differ

Gujarat cement plant protests: BJP MLA, farmers detained

A BJP legislator along with veteran Gandhians and hundreds of farmers from Mahuva taluka in Bhavnagar district were detained on Thusrday from near Sabarmati Ashram in Ahmedabad ahead of a rally organised to protest the cement plant coming up in Ma

UP bans strike in universities and colleges

Against the backdrop of the two-month long agitation by teachers demanding payment of arrears, the Uttar Pradesh government on Thursday announced a six-month long ban on strikes in all 12 state universities and 460 government-aided degree colleges

Teacher on protest for 14 years against illegal land grab

A school teacher on Thursday completed 14 years of protest outside the District Magistrate`s office in Muzaffarnagar demanding freeing of government land worth Rs.90 crore, which had allegedly been grabbed by political mafias and said he will cont

Coming soon: Integrated IT city near Bangalore

The Karnataka government proposes to set up a 40 square km integrated information technology city -- an IT investment region based on central guidelines -- near Bangalore International airport. In his address to the joint session of the Ka

States` share of central taxes to go up

The government has, despite financial stress, accepted the 13th Finance Commission`s recommendations to increase states` share of the central taxes to 32 percent, Finance Minister Pranab Mukherjee said on Thursday. "Despite the fiscal

India hands over two dossiers to Pak

India Thursday asked Pakistan to hand over 26/11 attack mastermind and founder of Lashker-e-Taiba Hafiz Saeed and seven others besides some other militants of Indian Mujahideen and Khalistan for their role in other subversive activities. S

Why sugar, food grains are so costly? Oppn demands a JPC probe

Opposition on Thursday sought to puncture the economic growth story, charging the government with "failure" to check the price spiral and demanded a parliamentary probe into a "scam" in essential commodities like wheat, rice, p

Nalco draws-up Rs 50,000-crore expansion plans

State-run National Aluminium Company Limited (Nalco) has taken up a Rs.50,000-crore expansion programme, a top company official said. "We have taken up the third-phase expansion project to increase capacity. The expansion will be comp

$10 bn spend on eGov on cards!

The government plans to spend USD 10 billion on the national e-Governance programme, a senior government official has said. "The government has committed about USD 10 billion to this programme, of which composite of some investment is


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