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Mobile phones will become cheaper as Finance Minister Nirmala Sitharaman announced a reduction in the import duty. | Photo Credit: PTI With an eye on promoting exports, boosting domestic manufacturing and enhancing value addition, Union Budget 2023-24 has proposed number of changes to Customs Duty regime that is likely to make mobile phones and televisions…
Finance Minister Nirmala Sitharaman on Wednesday, February 1, presented the last full budget of the Narendra Modi government before the 2024 general elections. The Minister announced a range of new initiatives, revised income tax slabs and customs duty, and sops for agriculture and energy transition. The Union Budget 2023-24 document also listed the new allocations…
A fully functional tap water connection is defined as a household getting at least 55 litres of potable water per capita per day all through the year. Image for representation purpose only. | Photo Credit: G. Moorthy With an eye on the General Elections and the deadline approaching for the government’s ambitious bid to provide piped…
Read More “Budget 2023 | Jal Jeevan Mission gets hike in funds” »
T.T. Srinivasaraghavan. Photo: Special Arrangement The number of economists in India on January 31 is 842, on February 1, it’s 2,87,329… on Feb. 2, it rises to 3,34,569 and on Feb. 3, it is back to 842!” says a WhatsApp message doing the rounds. I certainly do not count myself in that number. It is…
Read More “Budget 2023 | Choosing the path of prudence and continuity: T.T. Srinivasaraghavan” »
BRS MLC K. Kavitha accused the BJP government at the Centre, alleging that there were no allocations for Telangana in the budget presented on Wednesday in the Parliament. “Why the Centre has not been distributing funds equally to all States while propagating ‘Sab ka saath sab ka vikas?’ Was this budget meant for only a…
State Planning Board vice-chairman B. Vinod Kumar opined that no sector will benefit form the budget introduced by the Centre, terming it as ‘aimless.’ “This is an unimplementable budget. Union government has been behaving adamantly instead of joining hands with States for development. No single medical college was sanctioned for Telangana in the last eight…
Read More “No sector will benefit from this budget: Vinod Kumar” »
Finance Minister mentioned Telangana only once by promising to support the Indian Institute of Millet Research, Hyderabad as the Centre of Excellence. Congress Lok Sabha member N. Uttam Kumar Reddy said that the Union Budget presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Wednesday was highly disappointing for Telangana. Further, he described it…
Read More “Budget disappointed people of Telangana: Uttam” »
Maharashtra Deputy Chief Minister Devendra Fadnavis watches the live telecast of Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on February 01, 2023. Photo: Twitter/@Dev_Fadnavis Stating that the Budget presented by Union Finance Minister Nirmala Sitharaman would give a massive boost for Maharashtra’s sugarcane industry, Deputy Chief Minister and State Finance Minister Devendra Fadnavis…
Pravasi Bandhu Welfare Trust chairman K. V. Shamsudheen | Photo Credit: special arrangement Chairman of the United Arab Emirates-based Pravasi Bandhu Welfare Trust K.V. Shamsudheen has expressed disappointment with the Union Budget for 203-24 since it “failed to address the concerns of the non-resident Indians (NRIs).” He said the 40 million strong Indian diaspora remitted $100…
Read More “Union Budget: Concerns of NRIs not addressed, says Shamsudheen” »
Union Finance Minister Nirmala Sitharaman speaks during a post-budget press conference, in New Delhi on Wednesday, February 1, 2023. | Photo Credit: PTI After having to make do with funds from the Social Justice Ministry’s contingency Budget for the first four months of its functioning, the Commission of Inquiry to examine whether SC status can…