union-budget-is-practical-pragmatic-and-prudent-pm-modi Play

Union Budget is practical, pragmatic and prudent: PM Modi

New Delhi, Feb 28 (ANI): Prime Minister Narendra Modi on Friday said the Union Budget for 2015-16 is a budget with a clear vision, and one that is progressive, positive, practical, pragmatic and prudent. "Budget 2015 has a distinct focus on farmers, youth, poor, neo-middle class and the Aam Nagrik. It delivers on growth, equity and job creation," Prime Minister Modi tweeted. "Budget is investment friendly and removes all doubts on tax issues. It assures investors that we have a stable, predictable and fair tax system," he added. "From housing for all, jobs, health, education and total electrification, FM laid down goals to be achieved by 2022, India's Amrut Mahotsav ," he tweeted. Prime Minister Modi congratulated Jaitley for doing an excellent job in respecting the aspirations of the states and at the same time delivering on national priorities. Feb 28, 2015
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Science, technology expo in Vishakhapatnam to mark National Science Day

Visakhapatnam, Feb 28 (ANI): India's Naval Science and Technological Laboratory (NSTL) put out its best machinery at display in an exhibition to celebrate National Science Day in Visakhapatnam. NSTL, a premier underwater systems laboratory of country's Defence Research and Development Organisation (DRDO), organised a two-day open house-cum-exhibition themed 'Science for Nation Building' to commemorate Nobel laureate CV Raman's birth anniversary. Director of Naval Science and Technological Laboratory (NSTL), CD Malleswar, said the objective of expo is to generate interest among students. The visitors had a walk around advanced scientific test facilities such as high-speed towing tank, cavitation tunnel, wind tunnel, sea-keeping and manoeuvring basin, shock, noise and vibration test, shock tank, anechoic room, vibration exciters, CNC machine centre, and Radar Cross Section measuring instrumentation. A film depicting various advances in technologies was also screened at the auditorium. Feb 28, 2015
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Budget will provide social security, eliminate poverty: Amit Shah

New Delhi, Feb 28 (ANI): BJP President Amit Shah on Saturday lauded the Union Budget 2015-16 and said that it would provide both social security and eliminate poverty. Congratulating Prime Minister Narendra Modi and Finance Minister Arun Jaitley, Shah said that the budget is 'lower class friendly' budget and that it contains 'Jan Dhan Yojana' for the poorest of the poor. The BJP president also welcomed the announcement of strict law enforcement on black money saying that it will help in identifying black money stashed abroad. Feb 28, 2015
star-trek-fans-react-to-nimoy-spock-death Play

Star Trek fans react to Nimoy 'Spock' death

Veteran actor Leonard Nimoy, who delighted sci-fi fans worldwide with his iconic turn as the pointy-eared half-human, half-Vulcan Mr Spock in the "Star Trek" television series and films, dies aged 83. Feb 28, 2015
union-budget-2015-16-corporate-tax-reduced-from-30-to-25-for-4-years-says-fm Play

Union Budget 2015-16: Corporate Tax reduced from 30% to 25% for 4 years, says FM

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley presented the General Budget for 2015-16 in Lok Sabha on Saturday. Aiming to up employment generation, Jaitley proposed the reduction of basic rate of corporate tax to 25% from current 30% over the next four years, accompanied by fewer exemptions. He further proposed to enact a comprehensive new law on black money to bring back black money stashed abroad. The budget estimates of expenditure announced by the government was 77 lakh crore, of which Non Plan was 13.12 lakh crores, and Plan was 4.65 lakh crores. PAN number quoting was made compulsory in the Union Budget for transactions for more than one lakh. Feb 28, 2015
jaitley-ends-union-budget-with-tax-reforms-says-nda-is-round-the-clock-govt Play

Jaitley ends Union Budget with tax reforms, says NDA is round the clock govt

New Delhi, Feb 28 (ANI): Asserting that the Union Budget has historically become a significant opportunity to indicate the pace and direction of India's economic policy, Finance Minister Arun Jaitley on Saturday said the NDA-led by Prime Minister Narendra Modi is a 'round the clock, round the year government'. Presenting the NDA Government's first full-fledged budget in the Lok Sabha today, Jaitley turned lyrical and said that much more needs to be done for the improvement of Indian economy. He also introduced various tax reforms. Jaitley further said that his proposals, therefore, lay down the roadmap for accelerating growth, enhancing investment and passing on the benefit of the growth process to the common man, women, youth and child; those whose quality of life needs to be improved. Feb 28, 2015
politicos-react-as-modi-govt-is-all-set-to-present-its-first-annual-budget Play

Politicos react as Modi govt is all set to present its first annual budget

New Delhi, Feb 28 (ANI): Politicos on Saturday hoped that the Union Budget for fiscal 2015-16 will be a progressive one. Arun Jaitley is presenting his first full-year budget in Parliament today, seeking to put the country on a path of 7-8 percent growth over the next two years. The 2015-16 Budget is being billed as a 'make-or-break' event for Prime Minister Narendra Modi's eight-month-old government. It is expected to give a big push to Prime Minister Modi's 'Make in India' campaign, with tax breaks and other incentives for several sectors. Feb 28, 2015
union-budget-proposes-to-work-towards-universal-social-security-system-announces-atal-pension-yoja Play

Union Budget proposes to work towards universal social security system, announces 'Atal pension yoja

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley presented the General Budget for 2015-16 in the Lok Sabha on Saturday. Jaitley announced the Universal Social Security scheme for all. Under this scheme, Jaitley announced insurance coverage for accidents, health and life. Jaitley added that 'Atal Pension Yojana' scheme would be launched to provide a defined pension to the people. The government also proposed to launch PM Suraksha Bima Yojana which will increase the access to insurance. This scheme would be linked to Pradhan Mantri Jan Dhan Yojana. Feb 28, 2015
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Union Ministers welcome General Budget

New Delhi, Feb 28 (ANI): Cabinet ministers reacted as Union Finance Minister Arun Jaitley concluded the General Budget for 2015-16 in the Lok Sabha on Saturday. Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi said that the budget will see long impending impacts. Environment Minister Prakash Javadekar said that it is a welcome budget as it has much in store for the common man. Railway Minister Suresh Prabhu said that Jaitley has given an appropriate budget keeping in mind the well-being of all citizens. Transport Minister Nitin Gadkari said that first time in history the budget has given emphasis on infrastructure. HRD Minister Smriti Irani said that the budget has given importance to education and girl child, which is appreciable. Meanwhile, Law Minister Ravi Shankar Prasad said that the budget is meant to be in support of the poor and underprivileged. Feb 28, 2015
govt-to-allocate-rs-246727-crores-to-defence-sector Play

Govt to allocate Rs. 2,46,727 crores to defence sector

New Delhi, Feb 28 (ANI): Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha said that the Prime Minister Narendra Modi-led government would allocate Rs. 2, 46, 727 crores in the defence sector. Jaitley said in his budget speech that the government is following a policy of transparency and quick decision-making in procurement to keep the defence forces prepared for any eventuality. Feb 28, 2015
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Union Budget 2015-16: FM announces more AIIMS, IIT and IIMs

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley presented the General Budget for 2015-16 in Lok Sabha on Saturday. Jaitley said that the government is putting scam, scandal and corruption behind it and added the Parliament needs to look into a procurement law. Jaitley proposed to set-up an IT based student financial aid system under the PM Vidya Laxmi scheme to ensure that no student misses out on higher education due to lack of fund. He also proposed to set up All India Institute of Medical Sciences (AIIMS) in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal and Assam. Keeping in view the need to augment medical services in Bihar, Jaitley proposed to set up another AIIMS like institution in the state. He further talked about setting up IIT in Karnataka and IIM in Jammu and Kashmir and Andhra Pradesh. Feb 28, 2015