Saturday, October 21, 2017
MERSAL 100CRS IN 3DAYS #Thalapathy Atlee Magic
2018 Budget – What to expect…
The third Budget of the Consensus Government led by President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe will be tabled in Parliament later this month.
The Cabinet of Ministers on Tuesday approved the 2018 Appropriation Bill submitted by Prime Minister Ranil Wickremesinghe.
Accordingly the Bill containing the estimated expenditure of the government for the period beginning from the 1st of January 2018 and ending on the 31st of December 2018 will be presented before Parliament by Minister of Finance and Mass Media Mangala Samaraweera.
The second reading of the 2018 Appropriation Bill or the Budget Speech by Minister of Finance and Mass Media Mangala Samaraweera will be held on the 9th of November.
The debate on the second reading will take place on the 10th, 11th, 13th, 14th, and 15th of November while the Committee Stage Debate will be held from the 16th of November.
The vote on the third reading of the Budget will be taken on the 9th of December.
The Cabinet approved programme of budget debate for financial year 2018 as follows:
Budget Speech – 09 November 2017
Debate on second reading – 10,11,13,14 and 15 November 2017
Committee Stage Debate – from 16 November 2017
Vote on third reading of Budget – 09 December 2017
Meanwhile, the proposal tabled by Minister of Finance and Mass Media Mangala Samaraweera, to publish the 2018 Appropriation Bill in the gazette and present in Parliament for approval, was approved by the Cabinet of Ministers.
According to the bill, the government’s estimated expenditure for the 2018 fiscal year was set at Rs.3,982 billion.
Total expenditure of the government – Rs.3,982 billion
Recurrent expenditure – Rs.1,308.9 billion
Capital expenditure – Rs.668 billion
Total of income on foreign grants – Rs.2,175 billion
Loans to be obtained from foreign sources – Rs.1,813 billion
Detailing the process of the preparation of the performance budget from next year, Minister Mangala Samaraweera has said that priority would be given to ongoing and foreign funded projects where Key Performance Indicators based measurable outcomes are identified for each project.
Furthermore, the Minister said capital expenditure projects that have been earmarked for implementation by the National Planning Department for each Ministry would also be given priority provided the plans of such projects carry out KPIs.
The medium term macro–fiscal framework for 2018-2020 approved by the Cabinet of Ministers for the performance based budget preparation from the year 2018 include the rationalization of recurrent expenditure and prioritization of capital expenditure while enhancing the government revenue mobilization and public investment and reducing the budget deficit and the outstanding government debt.
Finance Minister Mangala Samaraweera said the government expects such improvements in the performance of the public finance management for the realization of medium term economic growth of around 6 to 7 percent.
In 2018, major macroeconomic assumptions include, real GDP growth of 6 percent, inflation to stabilize at 5 percent and overall budget deficit to contain at 4.3 percent of GDP
Kamal Haasan is building a dream paradise regarding TN Politics - Tamilisai
Kamal Haasan is building a dream paradise regarding TN Politics - Tamilisai
ஊழலை எதிà®°்த்து பாஜக ஆட்சி செய்து கொண்டிà®°ுக்கிறது - தமிà®´ிசை சௌந்திà®°à®°ாஜன்@drtamilisaibjp @ikamalhaasan pic.twitter.com/jUdr9thpR8— Polimer News (@polimernews) October 20, 2017
Senior BJP leader Tamilisai Soundararajan is well known for her contentious remarks especially on actors and people from the film fraternity. In a recent interview, the senior leader has once again stirred controversy by opining on Kamal Hassan and Vijay.
Stating Kamal’s recent apologies for supporting GST, Tamilisai Soundararajan has touted that there will come a situation when Kamal will have to apologise for a lot more things.
Tamilisai also questioned Thalpathy Vijay’s ‘Mersal earnings as the film had supposedly reaped in 33 crores the very first day. “Isn’t selling a Rs.200 ticket at Rs.2000 is also corruption?” she said.
Kamal and Vijay fans have both been responding to Tamilisai’s statements on social media supporting their stars.
Mersal Box Office Collection: Thala Ajith's Vivegam;s beat
MERSAL: Editor Ruben Lets Out A Detail
Adei😡Padathukku naan dhaan da editor-u #silaakkiDummaa— Editor Ruben (@AntonyLRuben) October 20, 2017
BREAKING: CHANGE IN INDIAN 2 PRODUCER!
We had reported earlier that, the massive combination of Shankar and Kamal Haasan will be working together on the sequel of Indian. Indian 2 was to be produced by Dil Raju,
However, there seems to be a big change in terms of the the producer of Indian 2 now. It is going to be Lyca Productions who will be bankrolling this big project. Stay tuned to this space for more updates.
Mersal Chennai City BOc office collection 3-Days:
Oct 19 - ₹ 1.47 Cr
Oct 20 - ₹ 1.18 Cr
Total Gross - ₹ 4.17
Cr Nett - ₹ 3.00 Cr
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