This house and the united progressive alliance government have bestowed upon me the honour of presenting all five budgets on behalf of a government a rare honour that i have the privilege to share with only one of my distinguished. A smaller amount of federal stimulus dollars is available for 201011, therefore, in this budget, we forecast a cut in state funding. We would like to show you a description here but the site wont allow us. Analysis of union budget is a publication which centre for budget and governance accountability cbga brings out every year following the presentation of the union budget in parliament. In 200809 alone, the nonenergy primary deficit nearly doubled from. Dnr 2008 09 capital budget bonding page 1 the legislature normally passes a capital budget during the evenyear session to fund projects of a capital nature such as building construction and land acquisition.
The external receipts in 2008 09 were placed at rs 300 billion indicating an increase of 16% over the budget estimates for 200708. We have budgeted for a 50% cut, what we would call a medium case scenario. Dnr 200809 capital budget bonding page 1 the legislature normally passes a capital budget during the evenyear session to fund projects of a capital nature such. During 200809, the growth rate of gdp of india fell from an average of over 9% in the previous three fiscal years to 6.
Lcd, led panels exempted from customs duty customs duty on standard gold bar and coins exceeding 99. The 2017 budget is a balanced budget, the first one since the 200809 global recession. That the government managed to collect increasing magnitudes of tax revenue, during the years from 200405 to 2008 09, without any major change in its tax policies with the exception of service tax, which was. Post globalization no country, no state, no region can think, plan and work in isolation. Chidambaram minister of finance budget 20082009 february 29, 2008 part a mr. Fund allocation for eight flagship programmes to increase by 43. Keeping spending focused and disciplined, with spending in 200708 and 200809 below the track set out in budget 2007 in relation to the overall size of the economy. This is a budget that looks beyond tomorrow and out to the horizon. List of entities involved in 200708 financial crises. Administration, the public service commission and national treasury to work with the department to identify much needed interventions in leadership and programme management, organisation, technology and systems, and financial management. This house and the united progressive alliance government have bestowed upon me the honour of presenting all five budgets on behalf of a government a rare. Contents paragraphs introduction 1 2 economic performance and outlook economic performance 3 7.
Normally, when there are fewer students than originally. For general inquiries regarding 2017 ontario budget. Revises projected increase in adm for 2008 09 to reflect 2,382 fewer students than originally projected. Aaai aa cazada budget estimates major fiscal indicators aie. Being off equalization is a major advancement toward selfreliance. The budget reflects the actions taken by the government in response to. For general inquiries regarding the 2010 ontario budget. The 2008 australian federal budget for the australian financial year ended 30 june 2009 was. The budget outlines the governments revenue and expenses for the coming year, provides an overview of the state economy, and details. Focusing on core federal responsibilities while working with provinces, territories and other stakeholders to build a better.
The indian budget 200809 globalization is here to stay, it knows no boundaries and is the single most compelling force that has broken all barriers to free open interaction, trade and commerce. Australias international development assistance program 200809, 454kb. On the growth path february 2017 pwc 6 global economy the world economic growth for 2016, at an estimated 3. Wpi registered a growth rate of nearly per cent in august 2008 and had an equally sharp fall to zero percent in march 2009. Summary of 2008 09 estimates and 200910 forecasts 2. News and highlights for india union budget and railway budget for the year 2011 2012. This is owed largely to the turbulence in the world financial market in the first half of 2016 due to major setbacks such as brexit, chinas slowdown, low oil prices and. This column includes all those additional funding requests approved by the financial management board that were not urgently required but were considered essential to the functional operation of the department. The projects are usually financed through borrowing by selling taxexempt bonds. The total outlay of budget 2008 09 was rs 2010 billion. Detailed information on budget expectations by different sectors of business and economic groups. I wish all those who took part in this years competition all the best in their studies this year, after the. Click here to download the complete set of the 200809 budget for. Overall, a pragmatic budget short on hype and focused on reforms.
An overview gdp growth rate dipped from an average of over 9 per cent in the previous three fiscal years to 6. It is my unique privilege to present the first budget of the bligh government. Union budget 20062007 union budget 20062007 india 2006. In the union budget 2012 presentation, the finance minister stated that the indian economy is estimated to grow by 6. Now that our institutionalwide strategic planning process has been completed, a major element of the implementation phase of. Just what is this annual rigmarole called the union budget. The budget dollar 200809 adopted budget where the money comes from 22. Jul 21, 2010 union budget 200910 the budget seeks to address the three challenges facing the economy to lead the economy back to the high gdp growth rate of 9 per cent per annum at the earliest, to deepen and broaden the agenda for inclusive development, and to energize government and improve delivery mechanism. Allocations from other governmental agencies subvension and grants 9.
Property taxes includes bond redemption and interest 7. Draft budgetbudget for the fiscal year july 1, 2008 june 30. The new session of union budget 2014 is ready to take place. Motilal oswal, chairman and managing director of motilal oswal financial services says the finance minister was uniquely positioned to present a landmark budget.
Speaker, the 2008 09 fiscal year represents a defining moment in our relentless pursuit of prosperity and selfreliance. They are not the same as press notices, which are primarily used as brief explanations of new policy for the media, but rather contain additional, more. But the budget also commits this government to a billiondollar, fiveyear program of. Chidambaram lauds rbi measures, calls emi holiday ambiguous, halfhearted. Budget 2007 budget notes 21 march 2007 budget notes contain technical information additional to the press notices issued by hm treasury with the budget. The fiscal and economic forecasts for 200809 and future years, which. Put simply, the annual union budget is an estimate of the government of indias revenue and expenditure for the end of a particular fiscal year, which usually runs from april 1 to march 31. The budget 2008 09 had the following salient features. The 200809 budget speech by the financial secretary, the hon john c tsang moving the second reading of the appropriation bill 2008 wednesday, 27 february 2008. Funding future challenges the government will establish a building australia fund, an education investment fund and a health and hospitals fund, using the 200708 and 200809 budget surpluses, and future surpluses as appropriate, to. General president bill cade is pleased to recommend the university of lethbridges operating budget for fiscal year 200809 to the board of governors for approval. Relative to high growth in the period 200304 to 201011 with the exception of 2008 09, growth in 201112 is on the lower side. Budget at a glance rs crore and as a % of gdp 2008 09 200910 201011 201112re 2012be growth rate cagr 10 yrs. A list of companies, governmental and quasigovernmental agencies governmentsponsored enterprises, andor nonprofit organizations involved in the.
Tabled in the house of commons minister of finance february. Budget speech 200910 i wish to acknowledge the presence on this house of learners from various schools in gauteng. Budget at a glance rs crore and as a % of gdp 200809 200910 201011 201112re 2012be growth rate cagr 10 yrs. Detailed alberta government budget documents, quarterly updates and economic statements, organized by fiscal year. It is a budget that sets a course for a government determined to meet the challenges of the future. The budget highlights nrega coverage increased from 3. The teams recommendations informed the decision to launch a comprehensive turnaround programme in june 2007.
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