Category: Business

Business

 No due priority to agriculture in Budget: Farmers Commission Chairman

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Telangana Agriculture and Farmers Welfare Commission Chairman M. Kodanda Reddy expressed disappointment over the Union Budget, stating that the agriculture sector has not been given due priority. He alleged that the Union government was planning to hand over the sector to big corporate companies. In a statement, Mr. Reddy said the agriculture sector, including the…

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Union Budget 2025: Increase in outlay for higher education and global skilling

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In a key new initiative, 50,000 Atal Tinkering Labs will be set up in government schools “to cultivate the spirit of curiosity and innovation, and foster a scientific temper among young minds”.  | Photo Credit: G.N. Rao The 2025-26 Union Budget’s education-related announcements largely pertained to high-end capabilities. In addition to Centres of Excellence on…

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Union Budget 2025: Budget brings in plenty for poll-bound Bihar; RJD flags lack of special package

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File photo of Bihar Chief Minister Nitish Kumar. Union Finance Minister Nirmala Sitharaman announced a slew of projects which kept key NDA ally, the Janata Dal (United), in good humour, while generating envy from other regional parties | Photo Credit: The Hindu Dressed in a cream and red Madhubani saree, featuring Bihar’s iconic art, Union…

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Union Budget 2025: Railways allocation remains unchanged at ₹2.65 lakh crore, budget for customer amenities, investment in PSUs slashed

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The Budget allocation for Indian Railways for FY 2025-26 stands at ₹2.65 lakh crore. File | Photo Credit: The Hindu The Budget allocation for Indian Railways for FY 2025-26 stands at ₹2.65 lakh crore, the same as last year’s allocation. The allocations for customer amenities in the Railways and investments in public sector units and…

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Union Budget 2025: ₹41,000-crore budget for J&K falls short on expectation on Central assistance

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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…

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Union Budget 2025: Income Tax relief apart, FM unveils easing of onerous TDS and TCS norms

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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…

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Union Budget 2025: What’s in it for Defence sector

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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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Union Budget 2025: Agriculture is the first engine of growth, says Nirmala Sitharaman

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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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Union Budget 2025: Packages for scheme saturation, Ekalavya schools push Tribal Affairs allocation up 14.8%

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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…

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