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Friday,
July 9, 2004, Chandigarh, India
Updated at 3:00 am (IST)
New Delhi, July 8
In a highly innovative “Aam Admi” Budget, Finance Minister P. Chidambaram today sought to shift the terms-of-trade in favour of the rural economy where 80 per cent of the country resides and raised the income tax exemption limit to Rs 1 lakh while enhancing the defence budget by about Rs 12,000 crore. |
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YOUR VOTE |
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Are you happy with the Budget?
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Steep
hike in defence outlay
New Delhi, July 8
Dropping previous NDA government’s
proposal of having a three-year revolving fund for the armed forces, the
Congress-led UPA Government, as expected, has kept defence high on its
priority list with Finance Minister P. Chidambaram announcing a whopping
almost 28 per cent increase in the defence budget.
Kerosene,
LPG price hike likely
New Delhi, July 8
The oil companies may soon be forced
to increase the price of LPG and kerosene as Finance Minister P
Chidamabaram today did not increase subsidies on domestic cooking gas LPG
and Kerosene, leaving a gap of over Rs 9,000 crore to be borne by public
sector oil firms.
‘Main
Hoon Na’, says Finance Minister
New Delhi, July 8
Union Finance Minister Palaniappan
Chidambaram today presented the Budget in a professional manner that sent
his critics groping for words and made his colleagues proud.
PM
allays fears on inflation
New Delhi, July 8
Prime Minister Manmohan Singh today
commended the 2004-05 General Budget for being focussed on key social
sectors and giving a boost to the agricultural and industrial sectors.
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Sonia
to decide about Bhattal’s portfolios
 New Delhi, July 8
Punjab Chief Minister Amarinder
Singh today said he had not suggested to the party’s Central
leadership to do away with the post of Deputy Chief Minister in the
state.
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Economic survey for overhauling
tax system
July 8,
2004 |
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Rail
fares, freight rates untouched
July 7,
2004 |
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Capt
drops 10 ministers
July 6,
2004 |
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22
killed as bus hits tree near Ferozepore
July 5,
2004 |
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2 die,
35 hurt in blast near Mufti’s residence
July 4,
2004 |
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Kalam sacks Governors of Haryana, UP, Gujarat, Goa
July 3,
2004 |
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PM brings relief for Andhra farmers
July 2,
2004 |
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Tainted
ministers to stay, asserts PM
July 1,
2004 |
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PM
for uniform focus on rural development
June 30,
2004
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India,
Pak vow to resolve Kashmir issue
June 29,
2004
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Government targets deficit, poor in first budget. (
