Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
February 27, Monday 2017 9:51 AM       

       HEADLINES: Attack on actress: Prime accused brought to Coimbatore for evidence collection                                              Kunhalikutty selected League national general secretary                                              Afghanistan: ISIS recruit from Kerala killed in drone strike                                              Attack on actress: Probe should be handed over to trusted agency                                              Two killed in bus-car collision                                              South Indian comedian Thavakkala dies                                              India needs more scientists to harness technology: Modi                                              Gujarat ATS arrests suspected ISIS operatives                                              PIA had seven passengers standing during Karachi-Madina flight                                              Kohli, Ashwin unmoved in latest ICC Test Rankings                                              Kaumudi Facebook
       BUSINESS Next Article: Tariff War:Airtel offers 3GB free 4G mthly data for non-users  
       CCPA recommends holding of Budget Session from Jan 31; Budget on Feb 1
 
         Posted on :18:23:26 Jan 3, 2017
   
A A
       Last edited on:18:23:26 Jan 3, 2017
         Tags: CCPA, Budget Session, Jan 31, Budget, Feb 1
 
NEW DELHI: As part of a major overhaul of the budget process, the Cabinet Committee on Parliamentary Affairs (CCPA) today recommended advancing the holding of the Budget Session from January 31 followed by the presentation of the Union Budget on February 1.
 
Both the address of the President and tabling of the Economic Survey are likely to take place on January 31. The first phase of the Budget Session will run till February 9.
 
The CCPA, headed by Home Minister Rajnath Singh, met here and made these recommendations to President Pranab Mukherjee. Parliamentary Affairs Minister Ananth Kumar, Law Minister Ravi Shankar Prasad and Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi also attended the meeting.
 
Early presentation of the Budget would mean that the entire exercise is over by March 31 and expenditure as well as tax proposals will come into effect right from the beginning of the new fiscal, thereby ensuring better implementation.
 
As per the earlier practice, the budgetary exercise was completed only by mid-May and with the monsoon arriving in June, most of the schemes and spendings by states did not take off until October, leaving just half-a-year for their implementation.
 
In September last year, ending a nearly a century-long practice, the Cabinet had decided to scrap a separate budget for the railways and merge it with the General Budget, presentation of which was decided to be advanced to spur spending and boost the economy.
 
Earlier, the Budget approval process usually happened in two parts extending to the second or third week of May, hampering early implementation of schemes and spending programmes.
A A
       BUSINESS
Next Article: Tariff War:Airtel offers 3GB free 4G mthly data for non-users
 
 
BUSINESS HEADLINES
NCAER lowers GDP growth forecast to 6.9 pc for FY17  
Demonetisation sucked in cash like vacuum cleaner:IMF official  
Infosys seeks shareholder nod to amend Articles of Association  
Note ban impact on loan, deposit growth significant: Moody's  
Bharti Airtel to acquire Telenor India  
India's GDP projected to slow to 6.6% post-demonetisation: IMF  
Snapdeal to cut 600 jobs; CEO admits 'mistake' in biz plan  
Snapdeal founders take 100% salary cut  
Tatas to lead, not follow: Chandrasekaran  
Will sustain TCS' growth momentum, says CEO Gopinathan  
'Slowdown spill over to January-March quarter'  
Microsoft-Flikpkart announce strategic tie-up  
EU asks India to extend by 6 months trade pact with EU nations  
Licensing for payment sector can't be tick-box exercise: Gandhi  
TRAI seeks views on promotional offers, predatory pricing  
Note ban impacts PepsiCo's India biz: Nooyi  
EPFO extends deadline for submitting Aadhaar till Mar 31  
TCS to look at buyback on Feb 20  
Sensex near five-month highs, Nifty reclaims 8,800-mark  
India's GDP to expand post demonetisation: Meghwal  
India's GDP to expand post demonetisation: Meghwal  
Air India inducts A320 neo plane, to add 13 more this year  
Sensex bounces 146 pts; IT, pharma lead rally  
India, UAE trade to hit USD 100 billion by 2020: CII  
E-commerce expected to touch USD 50-55 billion by 2021: Study  
 
Do you suspect controversy behind attack on the actress?
Yes
 
No
 
Don't kow
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy