Revamping Kashmir Economy
Dr Mubeen Shah
Kashmir Chamber of Commerce & Industry (KCCI) wants the 13th Finance Commission to make necessary recommendations that would guarantee the people of Kashmir a stable and sustainable fiscal environment consistent with equitable...
Budget Estimates 2012-13
The next year’s total receipts and expenditure are estimated at Rs 33,853 crore each. The total revenue receipts are estimated at Rs 29,948 crore based on the anticipated scheme of financing of the plan.
These...
2011-12: The Revised Estimates
The total budgetary receipts are placed at Rs 31,022 crore in the Revised Estimates in comparison to the Budget Estimates of Rs 31,212 crore. The total receipts consist of Rs 25,513 crore as revenue receipts and Rs 5,509 crore as capital receipts.
10 Critical Concerns
Preparation of budgetary proposals is always a difficult and thorny task. However, I will be missing an important aspect of my duty if I do not bring out some of the uniquely adverse factors...
Energy Beyond Water
Mankind is drawing energy from various sources. J&K, though belatedly, is progressing on the thermal and geothermal energy fronts. A Kashmir Life report
Solar and wind energy apart (falling under different ministries), PDC has fast...
GREEN SOLUTIONS
Often getting blame for most of environmental ills, industrialists in the state joined hands with environmental activists for first of its kind conference aimed at finding solutions for sustainable development. After attending the three-day...
Chiseled to perfection
Even though the beating looks haphazard it is important in this job, the more the beating the better the work. Syed Asma reports.
This is how most of the copper utensils have to go through at...
Opening Up Vistas
History suggests that Kashmiri Shawls were sent as tribute to ancient Assyria. Alexander’s women and warriors carried them from Punjab to Babylon and Macedonia. Syed Asma reports.
Mughal emperors presented them to kings and queens. Even...
Budget 2014 -15
With the fiscal deficit under control and the overall growth rate better than the national average, J&K is anticipating to spend a record Rs 43543 crore in the next fiscal. In the 14th budget...
Fiscal Initiatives
VAT on food grains
I had apprised the Hon’ble Members last year that several states are charging VAT at rates, ranging from 4% to 5%, on atta, maida, suji, besan, paddy and rice etc. In consideration of last year’s rising food inflation as an All India phenomenon, I had deferred my proposal to bring these items under the VAT net and announced the continuation of exemption from the levy of VAT on these commodities upto 31st March, 2012.
Annual Plan 2012-13
The Planning Commission of India has yet to formally determine the size of the Twelfth Five Year Plan, which, when finalized, will also give us a firm idea about the likely size of our successive annual plans for the coming five years.