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60% cut in allocation for regional air connectivity scheme in Interim Budget

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Flight take off at Chennai Airport. File | Photo Credit: B. Velankanni Raj The budgetary allocation for the regional connectivity scheme UDAN (Ude Desh Ka Aam Nagrik) has been slashed by 60% after a record-high grant last time. The fund is spent on reviving unused and underused airports in tier-2 and tier-3 cities. The government…

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Budget breakdown: Which sectors gained and lost in the Interim Budget | Data

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Budget breakdown: Union Finance Minister Nirmala Sithaman addresses the press conference after presenting the Union Interim Budget 2024 at Parliament, at the National Media Centre, in New Delhi on Thursday. | Photo Credit: ANI A sector-wise split of the budgeted expenditure in FY25 shows that of the 26 sectors for which data was analysed, allocation…

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Committee will study ‘fast population growth’ and demographic changes: Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman’s announcement comes against the backdrop of an indefinitely postponed Census, which means that there is little reliable data to back up her assertion of “fast” population growth in the country. Interim Budget 2024 A high powered committee will be constituted to consider the challenges arising from “fast population growth and demographic…

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Budget 2024 | One crore households to get 300 units free electricity every month through rooftop solarisation

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Watch | One crore households to get 300 units free electricity every month through rooftop solarisation Taking cue from Prime Minister Narendra Modi’s assurance following the Ayodhya temple consecration that one crore households will be electrified via rooftop solar installations, Union Finance Minister Nirmala Sitharaman in her Interim Budget 2024-25, reiterated that commitment. “Through rooftop…

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Budget 2024: Textile Industry: Textile industry expresses disappointment

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The textile and apparel industry, while welcoming extension of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for two years, has expressed disappointment over unchanged Import Duties. Cotton Textiles Export Promotion Council chairman Sunil Patwari said continuation of the RoSCTL was essential for the long-term trade planning. Orders could be placed in…

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Budget 2024: PM Poshan, Samagra Shiksha allocations much lower than pre-pandemic years | Data

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Education scheme budget: Students in a classroom in Radhakrishnapur High School which uses innovative means for the upliftment of their students. | Photo Credit: DEBASISH BHADURI In FY25, the government is expected to spend ₹73,008 crore on school education. The allocation marginally increased by ₹534 crore, when compared with the revised estimates for the year…

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