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2010 Union Budget Of India
The 2010 Union budget of India was presented by Finance minister Pranab Mukherjee in the Lok Sabha on Friday, February 26, 2010. Highlights * The Indian economy was facing grave uncertainty. Growth had started decelerating when the interim and full budget for 2009-10 were presented. * At home there was added uncertainty because of subnormal southwest monsoon. * Yet, the economy now in a far better position than it was eight years ago. * India weathered the economic crisis well and emerged from the global slowdown faster than any other country. * First challenge before the government is to quickly revert to high GDP growth path of 9%. * Expects 10% economic growth in the near future. * Second challenge is to harness economic growth to make it more inclusive and consolidate gains. * Third challenge is to overcome weakness in government's public delivery mechanism; a long way to go in this. * Impressive recovery in the past few months. Can witness faster recovery in the coming mon ...
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Pranab Mukherjee
Dr. Pranab Mukherjee (11 December 193531 August 2020) was an Indian politician and statesman who served as the 13th president of India from 2012 until 2017. In a political career spanning five decades, Mukherjee was a senior leader in the Indian National Congress and occupied several ministerial portfolios in the Government of India. Prior to his election as President, Mukherjee was Union Finance Minister from 2009 to 2012. He was awarded India's highest civilian honour, the Bharat Ratna, in 2019, by his successor as president, Ram Nath Kovind. Mukherjee got his break in politics in 1969 when the then Prime Minister Indira Gandhi helped him get elected to the Rajya Sabha, the upper house of Parliament of India, on a Congress ticket. Following a meteoric rise, he became one of Gandhi's most trusted lieutenants and a minister in her cabinet in 1973. Mukherjee's service in a number of ministerial capacities culminated in his first stint as Finance Minister of India in 1982–84. H ...
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Union Budget Of India
The Union Budget of India, also referred to as the ''Annual Financial Statement'' in Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialised before the beginning of new financial year in April. Until 2016 it was presented on the last working day of February by the Finance minister, Finance Minister in Parliament of India, Parliament. The budget division of the department of economic affairs (DEA) in the finance ministry is the nodal body responsible for producing the budget. It is presented by means of the Finance bill and the Appropriation bill has to be passed by Lok Sabha before it can come into effect on 1 April, the start of India's financial year. An interim budget is not the same as a 'Vote on Account'. While a 'Vote on Account' deals only with the expenditure side of the government's budget. An interim budget is a complete set of accounts, including bo ...
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Finance Minister Of India
The Minister of Finance (Vitta Mantrī ) (or simply, the Finance Minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the Finance Minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the Budget, the finance minister also outlines allocations to all the ministries and departments. The Minister is assisted by the Minister of State for Finance and the junior Deputy Minister of Finance. There have been a number of Ministers of Finance that went on to become the Prime Minister; Morarji Desai, Charan Singh, Vishwanath Pratap Singh and Manmohan Singh and also to serve as the President; R.Venkataraman and Pranab Mukherjee. Several Prime Ministers have also gone on to hold the position of Minister of Finance. ...
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Lok Sabha
The Lok Sabha, constitutionally the House of the People, is the lower house of India's bicameral Parliament, with the upper house being the Rajya Sabha. Members of the Lok Sabha are elected by an adult universal suffrage and a first-past-the-post system to represent their respective constituencies, and they hold their seats for five years or until the body is dissolved by the President on the advice of the council of ministers. The house meets in the Lok Sabha Chambers of the Sansad Bhavan, New Delhi. The maximum membership of the House allotted by the Constitution of India is 552 (Initially, in 1950, it was 500). Currently, the house has 543 seats which are made up by the election of up to 543 elected members and at a maximum. Between 1952 and 2020, 2 additional members of the Anglo-Indian community were also nominated by the President of India on the advice of Government of India, which was abolished in January 2020 by the 104th Constitutional Amendment Act, 2019. The ...
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Indian Express
''The Indian Express'' is an English-language Indian daily newspaper founded in 1932. It is published in Mumbai by the Indian Express Group. In 1999, eight years after the group's founder Ramnath Goenka's death in 1991, the group was split between the family members. The southern editions took the name ''The New Indian Express'', while the northern editions, based in Mumbai, retained the original ''Indian Express'' name with ''"The"'' prefixed to the title. History In 1932, the ''Indian Express'' was started by an Ayurvedic doctor, P. Varadarajulu Naidu, at Chennai, being published by his "Tamil Nadu" press. Soon under financial difficulties, he sold the newspaper to Swaminathan Sadanand, the founder of ''The Free Press Journal'', a national news agency. In 1933, the ''Indian Express'' opened its second office in Madurai, launching the Tamil edition, '' Dinamani''. Sadanand introduced several innovations and reduced the price of the newspaper. Faced with financial difficultie ...
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The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launched a ...
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National Ganga River Basin Authority
National Ganga River Basin Authority (NGRBA) is a financing, planning, implementing, monitoring and coordinating authority for the Ganges River, functioning under the Jal Shakti ministry of India. The mission of the organisation is to safeguard the drainage basin which feeds water into the Ganges by protecting it from pollution or overuse. In July 2014, the NGRBA has been transferred from the Ministry of Environment and Forests to the Ministry of Water Resources, River Development & Ganga Rejuvenation, formerly Ministry of Water Resources (India). Union government in a notification issued on 20 September 2016 has taken decision under River Ganga (Rejuvenation, Protection and Management) Authorities Order 2016 for a new body named "National Council for River Ganga (Rejuvenation, Protection and Management)" NCRG to replace existing NGRBA. The new body will act as an authority replacing the existing National Ganga River Basin Authority for overall responsibility for superintendence o ...
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Non-tax Revenue
Non-tax revenue or non-tax receipts are government revenue not generated from taxes. For example - bond issues and profits of state-owned companies. Examples * Aid from another level of government (intragovernmental aid): in the United States, federal grants may be considered non-tax revenue for the receiving states, and equalization payments * Aid from abroad (foreign aid) * Tribute or indemnities paid by a weaker state to a stronger one, often as a condition of peace after suffering military defeat. The war reparations paid by the defeated Central Powers after the First World War offer a well-known example. * Loans, or other borrowing, from monetary funds and/or other governments * Revenue from state-owned enterprises (for example, revenue from Public Sector Unions) * Revenue (including interest or profit) from investment funds (collective investment schemes), sovereign wealth funds, Investment or endowments, . * Revenues from sales of state assets * Rents, concessions, ...
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Cycle Rickshaw
The cycle rickshaw is a small-scale local means of transport. It is a type of hatchback tricycle designed to carry passengers on a for-hire basis. It is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, sikad, tricycle taxi, trishaw, or hatchback bike. As opposed to rickshaws pulled by a person on foot, cycle rickshaws are human-powered by pedaling. Another type of rickshaw is the auto rickshaw. Overview The first cycle rickshaws were built in the 1880s, and they were first used widely in 1929 in Singapore. Six years later they outnumbered pulled rickshaws. By 1950 cycle rickshaws were found in every south and east Asian country. By the late 1980s there were an estimated 4 million cycle rickshaws in the world. The vehicle is generally pedal-driven by a driver, though some are equipped with an electric motor to assist the driver. The vehicle is usually a tricycle, though some quadracycle models exist, a ...
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Dream Budget
The 1997 Union Budget of India, also called the Dream Budget by the Indian media, was presented on February 28, 1997, by Finance Minister P. Chidambaram in the Deve Gowda government. The budget presented a road map for economic reforms in India and included lowering income tax An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Tax ... rates, removal of the surcharge on corporate taxes, and reduced corporate tax rates. References {{reflist External links Official 97–98 Budget website Union budgets of India Economic history of India (1947–present) 1997 government budgets Gowda administration 1997 in Indian economy 1998 in Indian economy ...
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Union Budgets Of India
Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Union'' (Union album), 1998 * ''Union'' (Chara album), 2007 * ''Union'' (Toni Childs album), 1988 * ''Union'' (Cuff the Duke album), 2012 * ''Union'' (Paradoxical Frog album), 2011 * ''Union'', a 2001 album by Puya * ''Union'', a 2001 album by Rasa * ''Union'' (The Boxer Rebellion album), 2009 * ''Union'' (Yes album), 1991 * "Union" (Black Eyed Peas song), 2005 Other uses in arts and entertainment * ''Union'' (Star Wars), a Dark Horse comics limited series * Union, in the fictional Alliance–Union universe of C. J. Cherryh * '' Union (Horse with Two Discs)'', a bronze sculpture by Christopher Le Brun, 1999–2000 * The Union (Marvel Team), a Marvel Comics superhero team and comic series Education * Union Academy (other) ...
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2010 In Indian Economy
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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