Budget: Overseas Ministry gets Rs 115 crore

The Ministry of Overseas Indian Affairs, which carries out welfare programmes for the diaspora community, has been given a total financial grant of Rs 115 crore in the Union Budget today.

Out of the total allocation, Rs 65.58 crore has been given to the ministry for general expenditure while Rs 20 crore has been allocated under the head 'public works'.

Rs 8 crore has been earmarked for celebration of Pravasi Bhartiya Divas, the annual event organised by the ministry to connect with the Indian diaspora.

Out of the allocation for general expenditure, Rs 57.58 crore has been earmarked for implementation of various schemes for overseas Indians. An amount of Rs 28.91 crore has been set aside for various expenses -- like holding of seminars, workshops and for advertising and publicity.

The Ministry was given Rs 114.77 crore last year out of which it could spend only Rs 85 crore.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Only a handful of Indian stocks meet global benchmark for attracting investments

    Ask any foreign investor who has either invested in the Indian stock market or is looking to do so, what’s the biggest hurdle in bringing more funds

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Where is the Charging Bull headed to?

On a balmy spring morning last week, I was admiring ...

Rajgopal Nidamboor

The disdainful wrath of greed

It is rightly said that money isn’t the root of ...

Gautam Gupta

Immense potential of e-commerce in fashion and apparel

Michael Aldrich launched online shopping in1979 with no clue whatsoever ...