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Budget 2024 on welfare schemes: Expenditure cut or remain stagnant, say Left parties

February 2, 2024 admin

CPI (M) leader Sitaram Yechury and CPI leader D. Raja. File photo | Photo Credit: SHIV KUMAR PUSHPAKAR In a bid to reduce the fiscal deficit, the Union government has cut down on expenditure that has led to welfare schemes and capital expenditure being curtailed and this would negatively impact future growth and economic fundamentals,…

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Budget 2024 | The pace of fiscal consolidation took everyone by surprise

February 1, 2024 admin

Namrata Mittal | Photo Credit: Special Arrangement The 2024 Budget is a vote on account Budget, implying limited parliamentary discussion and hence an avoidance to tax modification at large. The primary objective is to seek permission to spend and collect receipts until the new government is formed. The underlying theme was clearly fiscal consolidation with…

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Budget 2024 | Expansion of capex outlay will boost infra sector

February 1, 2024 admin

The Interim Union Budget 2024, laid out by Finance Minister Nirmala Sitharaman on February 1, 2024, introduced several inclusive and growth-oriented measures that will foster sustainable and all-round development of the country. With a focus on delivering governance, development and performance, the Interim Budget focused on ensuring continuity of earlier reforms while also laying down…

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Budget 2024 | An action-oriented Budget, with the mantra of reforming, performing and transforming India

February 1, 2024 admin

File photo of Arunchati Bhattacharya, CEO & chairperson Salesforce India | Photo Credit: The Hindu India has showcased a robust and resilient growth story driven by perseverance, ingenuity, and vision. The 2024 interim Budget is an action-oriented one, with the mantra of reforming, performing, and transforming India. It is a Budget of confidence. It promises…

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Viewpoint | Interim Budget 2024

February 1, 2024 admin

The Interim Union Budget 2024, was laid out by Finance Minister Nirmala Sitharaman on February 1, 2024. Source link

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Budget 2024: Prudent as expected with promise of bigger things

February 1, 2024 admin

Nirmal Jain | Photo Credit: Special Arrangement Days before she was to deliver the Interim Budget for 2024, Finance Minister Nirmala Sitharaman dropped some hints on what to expect from her speech. She said that the government would orient its policies towards improving the lot of four main interest groups: women, the youth, farmers and…

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A political, feel-good statement – The Hindu

February 1, 2024 admin

A worker at the First Solar manufacturing facility in Sriperumbudur. | Photo Credit: AFP Often, Budget speeches are political statements — more so, with impending general elections. There is a lot less to expect from an interim Budget. The Finance Minister’s Budget speech was short in substance and loud in claiming credit for the decade…

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Ignoring an agricultural sector in distress

February 1, 2024 admin

A potato farm on the outskirts of Varanasi. | Photo Credit: AFP The report released by the Finance Ministry and the vote-on-account presented by the Finance Minister are concerned more about portraying a glowing image of the government than about the financing plans for 2024-25. For the same reason, one is constrained to confine the…

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Interim Budget 2024 — in campaign mode

February 1, 2024 admin

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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