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CM seeks concessions for NRI, PIO community in union budget

Karnataka Chief Minister Siddaramaiah today urged the Union Government to announce suitable concessions for the NRI and PIO community in the general budget, in the backdrop of recent global developments.

Steel Secretary Aruna Sharma said the dependence on imports is particularly heavy on nickel, coking coal and gas.
The Supreme Court on Friday refused an urgent hearing on a plea seeking postponement of presentation of Union Budget due to assembly elections in five states.
Naidu said that he was not able to understand the objection raised by the opposition.
Jaitley also said there is a need to revisit the incentive structure of farming, besides focusing on reducing wastage and improving marketing of farm produce.

Finance Minister Arun Jaitley will hold pre-budget consultation with states on January 4, after the meeting of the GST Council gets over.