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Project gets recommendation from bodies concerned, including Dept of Expenditure under MoF
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As much as 1,383 hectares of land have to be acquired for the project for which around Rs 13,000 crore is required.
Express News Service
THIRUVANANTHAPURAM: The ambitious Silverline, semi high-speed rail project billed as the game-changer in Kerala’s infrastructure as well as economic growth, has moved an inch closer to reality with Railway Ministry and NITI Aayog - the government’s apex think tank - according sanction to the project. The project has received recommendation from bodies concerned, including Department of Expenditure under the Ministry of Finance.
Updated Jan 30, 2021 | 06:35 IST
The Budget 2021 is crucial for the government as it comes at a time when the economy needs a much-needed boost after dealing with serious blows due to the pandemic Budget 2021: 7 facts on the Budget and how it changed over the years
New Delhi: Union Finance Minister Nirmala Sitharaman will present the Budget for the financial year 2020-21 on February 1, 2020. The Budget is crucial for the government as it comes at a time when the economy needs a much-needed boost after dealing with serious blows due to the pandemic.
FM Sitharaman on Saturday commenced the final stage of Union Budget 2021 by attending the customary ‘halwa’ ceremony. As a part of the over-70-year-old ritual, the sweet dish was prepared in a huge kadhai and served to the entire staff at the finance ministry, North Block.
Finance Minister Nirmala Sitharaman will present Union Budget on February 1. Finance Minister Nirmala Sitharaman will present Union Budget on February 1 for the upcoming financial year 2021-22. The Budget 2021-22 assumes significance as this will be presented during the ongoing Covid-19 pandemic and would shed light on how the government allocates funds to revive the economy which is likely to contract by 7.7 per cent for financial year 2020-21. Experts say that the Budget 2021 will focus on government s Atmanirbhar Bharat Abhiyan and expect incentives for manufacturing sector on top of the recently announced production linked incentive scheme. Union Budget is preceded by the presentation of Economic Survey by the Chief Economic Advisor.