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.

EDITORIAL OF THE DAY

  • While net neutrality is a noble concept, internet for all is a necessity

    The Telecom Regulatory Authority of India’s directive that no service provider should offer or charge discriminatory tariffs for data services on th

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Arun Nigavekar

Tablets, memory cards for educatioNext

The Commonwealth he­ads of government mee­ting held in Malta last ...

Rajgopal Nidamboor

Try to awaken the archaeologist within

Our mind is far ahead of René Descartes’ famous maxim, ...

Dharmendra Khandal

Urbanisation is costing us our wildlife

The road transport and highways minister Nitin Gadkari aims to ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture