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Tax-free deficit budget presented in Assembly

Ranchi, Mar 10 (UNI) Jharkhand Finance Minister Raghubor Das today presented a Rs 712.72 crore tax-free deficit budget for the year 2006-2007.

Presenting the budget in the assembly the Minister said Rs 15,394.84 crore have been proposed under consolidated fund expenditure while the estimated reciepts were Rs 14,478.95 crore.

The opposition members, however, walked out of the House immediately after Mr Das started reading the speech.

He said the size of the budget for 2006-2007 was Rs 15,394 crore, which comprise the state plan of Rs 6500 crore, central plan schemes of Rs 369.70 crore, centrally sponsored scheme of Rs.944.74 crore and non-plan expenditure of Rs.7580.40 crore.

Later, talking to mediapersons, Mr Das said top priority has been given to agriculture and rural development in the budget as about two crore people live in the villages and all-round development of the state depend only on development of the agricultural sector.

So the government has decided to allot about 32.8 per cent of the budget for the agriculture and rural development, while 16.3 per cent would be alloted to the electricity sector, he said.

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Eight pilgrims killed in road mishap

Mandya, Karnataka, Mar 10 (UNI) Eight pilgrims were killed and ten others seriously injured when a lorry in which they were travelling overturned and fell into a ditch between Halagur and Mutthathi highway in Malavalli taluk, today. Police sources said the mishap occurred when the victims were on their way to attend a religious function. The injured were admitted to a nearby hospital. Superintendent of Police Sridhar and other police officials have rushed to.....

Budget will ensure 8 pc growth in economy: Chidambaram

New Delhi, Mar 10: Finance Minister P Chidambaram today (Mar 10, 2006) asserted that his budget proposals for 2006-07 would ensure an 8 per cent growth of the economy, give a boost to agriculture and sustain the improvement in manufacturing and service sectors. Replying to the debate on the Budget (General) in the Lok Sabha, Mr Chidambaram assured the House that there would be no cut in subsidies both for public distribution system and fertilizers, saying that the Budget had.....

H R Pannu new Additional GM of ER

Kolkata, Mar 10(UNI) Mr Hari Singh Pannu took over as Additional General Manager of Eastern Railway yesterday. An engineer, Mr.Pannu joined Indian Railways as a Special Class apprentice in 1968. He has worked in various capcities in Eastern and South Eastern Railways, DLW/Varanasi, RDSO/Lucknow and Railway Board. UNI KDG PL DB1459.....
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