MCA to get allocation of Rs 255.25 cr for next fiscal

The Corporate Affairs Ministry will get a budgetary allocation of Rs 255.25 crore for the next fiscal.

According to the Interim Budget proposals, the government has earmarked Rs 255.25 crore in the next fiscal (2014-15) as compared to Rs 233.36 crore in the revised estimates for this fiscal, indicating a growth of 9.4 per cent.

This includes an allocation of Rs 24 crore towards plan expenditure and Rs 231.25 crore for non-planned expenditure, as per Interim Budget presented by Chidambaram in Parliament today.

The think-tank Indian Institute of Corporate Affairs (IICA), which comes under the MCA, would be one of the major beneficiary.

It would get Rs 22.76 crore in the next fiscal, against the revised estimate of Rs 18.23 crore in 2013-14 period.

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E-mail ID will not be published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.

EDITORIAL OF THE DAY

  • The US can no longer take India for granted, as Kerry’s visit shows

    Despite the feel good factor in Indo-US ties, not the least surprising given BJP’s long term support for free market and laissez-faire economy, the

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Building smart cities the Indian way

Today more than half of the world’s population lives in ...

Zehra Naqvi

The mere display of power is not success

The stars are not afraid to appear like fireflies —Rabindranath Tagore ...

Dharmendra Khandal

Let the tiger breathe in its natural home

The world has been observing July 29 as International Tiger ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture