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The ₹41,000.07-crore budget proposed for 2025-26 for Jammu and Kashmir on Saturday (February 1, 2025) saw a significant dip in Central assistance. For comparison, the budgetary allocations for J&K were ₹42,277 crore in FY 2024-25 and ₹41,604 crore for 2023-24. Out of the ₹41,000.07 crore allotted to J&K, ₹40,619.30 crore is Central assistance to bridge…
With an objective to boost household consumption and aggregate demand, Finance Minister Nirmala Sitharaman announced on Saturday that incomes up to ₹12 lakh would draw no income tax. Effectively, with the existing standard deduction of ₹75,000 in the new tax regime, the limit now stands revised to ₹12.75 lakh. With the same objective, the Finance…
Union Budget 2025: What’s In It For Defence sector The total allocation to the Defence Ministry for 2025-26 stood at ₹6,81,219 crore which represents a year on year increase of 9.53% and constitutes 13.45% of the Union Budget, the highest among the Ministries. | Video Credit: The Hindu The capital allocation for the Defence Ministry…
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New Delhi: The Rural Development Ministry has been allocated Rs 1.88 lakh crore in the Union Budget for 2025-26, around 5.75 per cent more than the allocation in the previous budget. According to the budget proposals made by Finance Minister Nirmala Sitharaman on Saturday, the Rural Development Ministry has been earmarked Rs 1,77,566.19 crore against…
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Farmers harvest spinach from a field in New Delhi on February 1, 2025. | Photo Credit: AFP Union Finance Minister Nirmala Sitharaman has termed the agriculture sector as the first engine of growth and announced schemes such as the Prime Minister Dhan-Dhaanya Krishi Yojana–a scheme that is likely to benefit 1.7 crore farmers in 100…
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India wicketkeeper-batter Wriddhiman Saha retired from all forms of cricket on Saturday, bringing down the curtains on an illustrious career after playing his final Ranji Trophy group-stage match for Bengal against Punjab at the iconic Eden Gardens in Kolkata. The 40-year-old Saha, who made his international debut in February 2010, has played 49…
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New Delhi: The Centre has earmarked Rs 5 crore in the 2025-26 budget for providing financial assistance to the prisoners who languish in jail because they could not afford their bail money. Under the ‘Model Prisons and Correctional Services Act’ 2023, State Legal Services Authorities have established Legal Service Clinics in jails to provide free…
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New Delhi: Ushering in reforms, Union Finance Minister Nirmala Sitharaman on Saturday proposed to open up the nuclear power sector for private players and announced a Rs 20,000 crore Nuclear Energy Mission for research in the field, with an aim to set up five small and modular reactors by 2033. Presenting the Union Budget for…
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The Union Ministry of Tribal Affairs has been allocated ₹14,925.81 crore, while the Ministry of Social Justice and Empowerment has been allocated ₹14,886 crore in the Union Budget 2025-26, presented by Finance Minister Nirmala Sitharman on Saturday (February 1, 2025). Read the Union Budget 2025 Highlights The allocations marked a 14.81% increase for Tribal…
India head coach Gautam Gambhir on Saturday asserted that Virat Kohli and Rohit Sharma will have “massive roles” to play for the team in the upcoming Champions Trophy and said the batting stars add “so much value” to the nation’s cricket. The modest form of Kohli and Rohit in recent times has fueled…