Post Tagged with: "Budget"

Maharashtra hits a roadblock

Maharashtra hits a roadblock

The Maharashtra state government recently announced a 67 per cent cut in its spending for developmental works this fiscal. With a budget size second to the state of Uttar Pradesh, Maharashtra has incurred an estimated revenue loss in excess of Rs. 50,000 crore over the months of March and April 2020. As per the expert panel set up, it is[Read More…]

by May 26, 2020 Newscast
Auto Industry welcomes Union Budget 2014-15

Auto Industry welcomes Union Budget 2014-15

The much awaited Union Budget of the newly-elected government was tabled in the Parliament this morning. Though there was big bang announcement the Budget has attempted to address several issues including some raised by the auto industry. The major announcement is the increasing the FDI limit in insurance and defence from 26% to 49%. As the government has already announced[Read More…]

ACMA recommendations for the Union Budget 2014-15

ACMA recommendations for the Union Budget 2014-15

With the hope that the new government will adopt necessary measures to revive the automotive industry in the country, the Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry, has identified and voiced its expectations to the Government from the upcoming Union Budget 2014. The auto industry has been facing one of the most challenging[Read More…]

by June 18, 2014 Finance, Newscast, Web Exclusive