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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…
A Budget viewing session organised by the CII in Kochi on Wednesday. | Photo Credit: THULASI KAKKAT The Union Budget has unclogged a whole spectrum of economic opportunities and has something for everyone. From focus on technology-driven agriculture to creation of a knowledge-based society, it has opened up many fronts. Kerala must work to utilise…
Read More “Kerala must exploit opportunities opened up in Budget, say industry leaders” »
The Union Budget has evoked mixed reactions from the farming community in the delta region. A cross-section of the farmers representatives expressed disappointment over the “lack of initiatives” to ensure remunerative prices for agriculture produce. Terming the Budget unsatisfactory, P. Ayyakannu, president, Desiya Thennidia Nadigal Inaippu Vivasayigal Sangam, observed that there was nothing in the…
Read More “Union Budget fails to enthuse delta region farmers in Tamil Nadu” »
Bihar Deputy CM Tejashwi Yadav sought to compare Union Budget 2023 with previous Budgets. | Photo Credit: PTI Bihar Deputy Chief Minister Tejashwi Yadav on Wednesday said the Centre has cheated Bihar in the Union Budget 2023-24 and fooled the people of the State. “Bihar is a backward State. The Prime Minister and the Centre…
Read More “Centre cheated Bihar in Budget, says Tejashwi Yadav” »
The Union Budget evoked mixed reactions among traders and the representatives of the health industry here. The Budget completely ignored the small-scale traders, said a release quoting S.S. Manoj, State president of the Confederation of All India Traders. There was no welfare measure for the eight crore-odd small and medium scale traders in the country….
Read More “Small scale traders rue lack of welfare measures” »
The Union Budget seems to be full of good intentions but what happened to the good intentions of last year, how much of it was realised? Education budget is down to 2.5% from 2.64% while the health budget is down to 1.98% from 2.2%. Quality and accessibility of free basic education is still a big…
Read More “No vision to improve education sector, says AAP” »
Clean green hydrogen energy generation. | Photo Credit: Getty Images/iStockphoto Underlining a commitment to accelerate the Indian economy’s transition to one powered by green energy, Union Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday mentioned a slew of schemes aimed at promoting clean energy and sustainable living. Green energy was among the ‘Saptarishi’…
Read More “Budget 2023 | Major thrust planned for green energy” »
The biggest cut is for space technology, under ‘Central Sector Schemes’, of ₹1,093.84 crore. The Department of Space expenditure has been slashed by 8% in the 2023-24 Union Budget, down to ₹12,543.91 crore, from ₹13,700 crore in the previous Budget estimate. However this is 19% higher than the revised estimate from the last fiscal. The…
Read More “Budget 2023 | Department of Space gets ₹12,500 crore, 8% less than previous year” »
The Congress general secretary for communications and former Rural Development Minister Jairam Ramesh also expressed dismay at the sharp cut. Image for representation purpose only. | Photo Credit: K.K. Mustafah In line with the recent trend of slashing the budget of its flagship rural jobs scheme, the Union Budget allocated only ₹60,000 crore for the…
Read More “Budget 2023 | MGNREGS fund cut by 33% to 60,000 crore” »
The Union Budget 2023 incentivised domestic tourism for the middle class, announcing sector-specific skilling and entrepreneurship development to achieve the objectives of the Dekho Apna Desh initiative. Image for representation purpose only. | Photo Credit: H.S. Manjunath Upto 50 new tourist destinations will be developed; an information-driven app will be created for tourists; and ‘’Unity…
Read More “‘Mission mode’ for tourism in Union Budget, but no increase in allocation” »