Search Result for : Rural Economy

The Dollar Business Bureau Telangana on Sunday presented a tax-free and welfare-oriented 2017-18 budget, focusing on improving irrigation and revitalising traditional occupations of the state’s backwards classes, with a proposed expenditure of about Rs.1.50 lakh crore. “An amount of Rs.1,49,646 crore is proposed as total expenditure consisting of an estimated committed expenditure of Rs.61,607.20 crore and an expenditure of Rs.88,038.80 crore under ‘expenditure on schemes’,” Telangana’s Finance Minister E Rajender said in his Budget speech. This year’s budget was in line with the Central Government’s decision to abandon the classification of expenditure into plan and non-plan and continue with “the Constitutional mandate of classifying expenditure into revenue and capital”. The budget has also envisaged enhancing irrigation facilities of one crore acres in the state ...

The Dollar Business Bureau  India is focussing more on developing alternative fuel economy and will soon stop importing petroleum products, Central Minister Nitin Gadkari said today. He was speaking at a conference organised by Niti Aayog. The main theme of the conference was Methanol Economy. Inaugurating the International seminar  on India’s leap into Methanol Economy, there were policy makers from road transport to petroleum ministry to Niti Aayog who gathered to discuss and deliberate.  Speaking at the inauguration Union Minister Nitin Gadkari said that govt aims for zero imports of petroleum and focus are on the use of bio mass as a source of energy which will boost the rural economy. Vice Chairman Niti Aayog, Arvind Panagriya said, “climate change was a big ...

Source: PTI India's gold demand during April-June declined 25% to 154.5 tonnes due to unseasonal rains in the first quarter that damaged crops and the shrinking of wedding dates, according to the World Gold Council (WGC). The demand during the second quarter of 2014 stood at 204.9 tonnes, WGC said in Gold Demand Trends report for Q2 2015. India's Q2 2015 gold demand in terms of value fell 26 per cent to Rs.37,590.2 crore compared with Rs.50,778.1 crore in Q2 2014. "Consumer demand in India fell 25% to 154 tonnes in the April to June quarter, due to a buoyant stock market, a softening rural economy affected by unseasonal heavy rains in Q1, which damaged crops and fewer auspicious days impacting wedding-related ...