The interim union budget of india for 20142015 was presented by finance minister, p. Chidambarams interim budget 201415 and arun jaitleys union budget 201415. Union budget 201415 india, indian union budget 201415. Contrary to market expectations, the budget for 201415 revised udget estimates or rbe indicates a similar fiscal deficit of rs. Pti photo in what could be seen as a politically sensitive move, the last budget of the upaii government has made it essential for the next government to raise taxes. The scheme human resources for healthi is modified as human. An interim budget gives the complete financial statement, very similar to a full budget. Chidambaram, center, shows a briefcase containing interim budget for the fiscal year 2014 15, with state ministers of finance namo narain meena, left, and j. However, an interim budget vote on account has been presented to seek approval for expenditure for next four months i.
As i prepared to write this speech, i found that whether it is a regular budget for the full year or an interim budget, some things remain the same. Changes to laws and regulations regarding school finance will not be adjusted in such a way as to have a material impact on the budget. In the speect he stated that the global risks 2014 report has mapped 31 global risks. As i prepared to write this speech, i found that whether it is a. However, an interim budget vote on account has been presented on 17th february, 2014 to seek approval for. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget.
Departments business services department budgetaudits. Hard pressed by the compulsions of political ethics, the upa 2 government could not present the full fledged budget for the next fiscal 2014 15. What interim budget is, how it differs from fullyear budget. The union budget for 201415 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Overview of the interim budget in order to sustain the pace of plan expenditure, it has been kept at the same level in 201415 at which, it was budgeted in 2014.
In this post, lets see and analyse the interim budget of india for the period 201415. Critical tasks and fuels priorities for 201415 a complete list of action items identified to date is included in appendix a. However, fy15 budgeted allocation is lower than previous years. Interim budget 201415 indian union budget 20142015 latest. Full text of speech by p chidambaram, minister of finance. Feb 18, 2014 hard pressed by the compulsions of political ethics, the upa 2 government could not present the full fledged budget for the next fiscal 2014 15. Finance minister p chidambaram to present interim budget in parliament ahead of the lok sabha elections.
Provisional financial statements for the quarter ended 31 march 2017 dunamis capital plc stated fair value retained total capital reserve earningslosses equity balance as at 1 april 2015 audited 445,994 449,964 895,958 restatement adjustment note 3 1,208,195 1,208,195. Of highest concern are ten risks that include fiscal crisis, structurally high unemployment or underemployment, income disparity, governance failure, food crisis, and political and social instability. Find detailed highlights of key features, passengerfriendly measures and reactions to the interim budget 2014. Interim budget 201415 indian union budget 20142015. An interim budget is a temporary financial document that helps a business or public agency get through a period thats shorter than a typical budget cycle, which is normally one year. India interim budget 20182019, 20172018, 201617, 201516, 201415.
Detailed alberta government budget documents, quarterly updates and economic statements, organized by fiscal year. Live updates of union budget 201819, 201718, 201617, 201516. Interim budget of india 2014 15 highlights and analysis. Union budget 2018, 2017, 2016, 2015, 2014, 20, 2012, 2011, 2010 highlights. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. The union budget of india, also referred to as the annual financial statement in the article 112. These two articles serve not only for this year, but for many more years, unless a substantial change happens in the budget presentation process. Key highlights from p chidambarams speech amid constant interruptions by some members, finance minister p. We have already done two writeups on government budgeting, covering 1 basics of government budgeting and 2 budget documents. Jan 16, 2019 finance minister arun jaitley will present budget 2019 on february 1.
Aiming at 78 per cent gross domestic product gdp growth in 34 years. On february 17, 2014, the finance minister while presenting the interim union budget 201415 to the parliament, allocated rs 2,24,000 crore. Salient features of interim union budget of india for 201415. Is union budget 201415 by arun jaitley better than upa budget. Interim budget but no major interim relief taxguru.
Budget assumptions the following assumptions were used to create the interim budget. Chidambarams interim budget 201415 and arun jaitleys union budget 2014 15. An overview of interim budget 2014 compliance india. Critical items to be addressed in the next 12 months and the revised fuels treatment priorities are included in the section. Chidambaram presented the interim budget for 201415 in the lok. Finance minister arun jaitley will present budget 2019 on february 1. Hard pressed by the compulsions of political ethics, the upa 2 government could not present the full fledged budget for the next fiscal 201415. Executive summary second interim budget assumptions 2016 17. India interim railway budget 201415 was presented by the railway minister of india mallikarjun kharge in the lower house of the parliament on 12 february 2014.
Interim management statement as at 30 september 2015 6 highlights consolidated group revenue at 227. An interim budget, just like a fullyear budget, is an annual financial statement of a. Executive summary second interim budget assumptions. Chidambaram minister of finance february 17, 2014 madam speaker, introduction i rise to present the interim budget for 201415. The minister had hiked the defence outlay from rs 2,03,672 crore revised estimates re in 2014 to rs 2,29,000 crore budgetary estimates be for 201415. Depending on why a business needs an interim budget, this document might be a projection of income and expenses for the shortened period or a total spending. In the budget for fy 201415 presented in july 2014, finance minister arunjaitley had increased the allocation for defence by 12. India interim railway budget 2014 15 was presented by the railway minister of india mallikarjun kharge in the lower house of the parliament on 12 february 2014. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15. Chidambaram, center, shows a briefcase containing interim budget for the fiscal year 201415, with state ministers of finance namo narain meena, left, and j. Interim 201516 budget speaking notes calgary board of.
Chidambaram on 17 february 2014, 11 am publicly to the citizens of the india. Ministriesdepartments which run key flagship programmes have been provided adequate funds in 201415 either equal to or higher than in the be 2014. Budget proposals impact capital infusion in public sector banks proposed, amounting to rs. Depending on why a business needs an interim budget, this document might be a projection of income and expenses for the shortened. However, an interim budget vote on account has been presented on 17th february, 2014 to seek approval for expenditure for next four months i.687 767 1477 1237 1072 1480 1035 1566 343 167 1076 338 325 78 429 1417 1453 1215 637 1171 743 1213 796 136 58 1036 1518 257 1015 1317 888 1379 1054 864 894 1351 809 1252