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Month: February 2024

Interim Budget 2024 — in campaign mode

Posted on February 1, 2024 By admin
Interim Budget 2024 — in campaign mode

Well before Finance Minister Nirmala Sitharaman rose to present the Interim Budget for 2024-25, there were indications as to what its focus would be. Doubts that this would be anything more than a vote-on-account had been settled when Prime Minister Narendra Modi publicly declared that “when polls are this close, the government presents an interim…

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Business

The problem of moving attention away from services

Posted on February 1, 2024 By admin
The problem of moving attention away from services

MGNREGS workers in Purulia. File In her speech, the Finance Minister focused on the government’s broad achievements over the last 10 years and also gave some indications for what might be in store in the coming years, in terms of new expenditures (assuming that the NDA comes back to power). The Budget, a vote on…

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Business

A case of capex under the ‘macroscope’

Posted on February 1, 2024 By admin
A case of capex under the ‘macroscope’

‘The FY25 interim Budget carries forward the ethos of public capex a notch higher, thereby bolstering the government’s commitment to high quality spending’ | Photo Credit: REUTERS India’s economic recovery in the early post COVID-19 pandemic phase was distinctly underscored by a strong performance in exports and domestic investments. While exports benefitted from an easing…

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Business

Interim Union Budget 2024 | Taxes

Posted on February 1, 2024 By admin
Interim Union Budget 2024 | Taxes

Union Finance Minister Nirmala Sitharaman with Pankaj Chaudhary (Left) and Bhagwat Kishanrao addressing the media on Union Interim Budget at National Media Centre, in New Delhi on Thursday. | Photo Credit: Sushil Kumar Verma While maintaining the status quo with respect to direct and indirect taxes, Union Finance Minister Nirmala Sitharaman, in the interim Budget…

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Business

Interim Union Budget 2024 | Infra outlays

Posted on February 1, 2024 By admin
Interim Union Budget 2024 | Infra outlays

Curious people seen watching the live budget speech telecast from Parliament House, as the Finance Minister Nirmala Sitharaman presented Union Budget 2024 in Parliament. | Photo Credit: Sushil Kumar Verma As Finance Minister Nirmala Sitharaman presented the Interim Union Budget 2024 on February 1, 2024, The Hindu reports on infra outlays. Allocations for Railways, Road…

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Business

Interim Union Budget 2024 | Economy

Posted on February 1, 2024 By admin
Interim Union Budget 2024 | Economy

Union Finance Minister Nirmala Sitharaman holding a folder-case containing the Interim Budget 2024 in New Delhi on Thursday. Are also seen Ministers of State Bhagwat Kishanrao Karad and Pankaj Chaudhary, and other officials at North Block Finance Ministry. February 1, 2024. | Photo Credit: SHIV KUMAR PUSHPAKAR The Interim Union Budget 2024, was presented by…

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Business

2024 Interim Budget | Biased in favour of rich: Chidambaram

Posted on February 1, 2024 By admin
2024 Interim Budget | Biased in favour of rich: Chidambaram

Former Finance Minister and Congress leader P Chidambaram addresses the media regarding the Union Interim Budget 2024 during a press conference, in New Delhi on Thursday. | Photo Credit: ANI India’s demographic dividend has been “destroyed” as the BJP-led National Democratic Alliance’s approach to the economy “is biased in favour of the rich”, Congress leader…

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Business

Watch | What’s in it for the tech sector? | Interim Budget 2024

Posted on February 1, 2024 By admin
Watch | What’s in it for the tech sector? | Interim Budget 2024

Watch | What’s in it for the tech sector? | Interim Budget 2024 Source link

Business

Nirmala Sitharaman’s first Interim Budget | Puffed-up and poll-ready

Posted on February 1, 2024 By admin
Nirmala Sitharaman’s first Interim Budget | Puffed-up and poll-ready

Illustration: Soumyadip Sinha Finance Minister Nirmala Sitharaman, presenting her sixth Union Budget and her first Interim Budget, resisted the temptation to hand out dramatic pre-poll sops like the ones unveiled ahead of the 2019 Lok Sabha election, opting instead to bank on the government’s track record and the promise of “unprecedented development” in the next…

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Business

2024 Interm Budget | Allocations for Social Justice and Tribal Affairs Ministries see a marginal increase

Posted on February 1, 2024 By admin
2024 Interm Budget | Allocations for Social Justice and Tribal Affairs Ministries see a marginal increase

The interim Budget saw an allocation of ₹13,000 crore for the Ministry of Tribal Affairs for the next fiscal year.  | Photo Credit: BISWARANJAN ROUT The Estimates presented by Finance Minister Nirmala Sitharaman for financial year 2024-25 on February 1 left the budgets for Social Justice and Tribal Affairs Ministries largely unchanged with marginal increases…

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