Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: articles on VAT and GST in India :: list of goods taxed at 4% :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: form 3cd :: ACCOUNTING STANDARD :: VAT RATES :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: due date for vat payment :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company
« Budget Extravaganza »
 With demonetisation inducing tax compliance will PM Modi cut tax rates in Budget 2017?
 State plan budget utilisation in Odisha
 Maharashtra wants budget advanced to February
 Coastal economic zones may get 10-year tax exemption in next Budget
 Why advancing the Union Budget date may not make much difference
 Govt keen 2017-18 budget should not clash with polls: Arun Jaitley
 Finance Ministry seeks industry suggestions on taxation for Budget
 Budget should focus on fiscal firm up
 Finance ministry keen to present Budget on February 2 or earlier
 Poor railway performance may mar merged Budget
 Cabinet’s formal nod to be sought for Budget on Feb. 1

State demands higher allocation in rail budget
December, 29th 2011

Chief Minister Naveen Patnaik has demanded that the state should be given more budgetary allocation in the upcoming Rail Budget for 2012-13, as the Railways get substantial amount of revenue from the state.

The Railways route length and rail density in the state is lower than national average and is also behind the neighboring states, while Indian Railways earned Rs 7,500 crore from the state in 2010-11.

I would request you to kindly ensure allocation of a sizeable part of the revenue generated from Orissa within the state itself for strengthening and expanding rail infrastructure, Patnaik said in a letter to Prime Minister Manmohan Singh.
It may be noted that a rail committee of the state assembly led by speaker Pradeep Amat had called on Railways minister Dinesh Trivedi and placed demand for Rs 2,300 crore in the ensuing Rail Budget.

In the past couple of years, the state has been able to attract investment in various sectors such as mining, steel and power and the investment amount could top Rs 8,85,000 crore. Hence, better rail connectivity on priority basis is needed to facilitate the setting up of upcoming industries, he argued.

The state also has plans to build around seven ports along its 500-km odd vast coastline to connect the state with several Southeast Asian nations. Patnaik urged the Prime Minister that a time-bound rail infrastructure upgradation proposal should be taken up by the Ministry of Railways.

A synchronized development plan between that pf ports and related rail connectivity is a necessity for maximizing economic gains, he wrote in the letter to the Prime Minister, while requesting him to extend the Ludhiana-Dankuni eastern dedicated freight corridor to Berhampur.

The state government also reiterated his demand that the rail department should expedite the process to build a world class station at Bhubaneswar.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions