Category: Business

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Budget 2023 | 38,800 teachers, support staff to be recruited for Eklavya schools

February 1, 2023 admin

The Eklavya model residential higher secondary school at Kumizi in Tamil Nadu’s Kancheepuram district. Photo: tntribalwelfare.tn.gov.in The Union Government will hire 38,800 teachers and support staff for Eklavya Model Residential Schools (EMRS) for tribal students across the country over the next three years, Finance Minister Nirmala Sitharaman said on February 1 during her Union Budget…

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Budget will lay strong base to build a developed India: PM

February 1, 2023 admin

Prime Minister Narendra Modi addressed the media at Parliament House on the first day of the Union Budget session of Parliament | Photo Credit: Shiv Kumar Pushpakar Prime Minister Narendra Modi on February 1 termed the Union Budget as the “first budget of Amrit Kaal” (the 25-year period between the 75th year of independence and…

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Budget 2023 | No separate mention of disinvestment proceeds

February 1, 2023 admin

IDBI Bank is on the government’s list for privatisation. Image for representation | Photo Credit: G. Ramakrishna The Budget for 2023-24 has not separately mentioned the amount that the government plans to raise from disinvestment or privatisation of state-owned companies. Earlier, proceeds from disinvestment were shown separately as part of the miscellaneous receipts in the…

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Union Budget 2023 a disappointment to Telangana as many of its demands remain unfulfilled

February 1, 2023 admin

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24. | Photo Credit: ANI The Union Budget 2023 presented in the Parliament by Finance Minister Nirmala Sitaraman has come as a disappointment to the Telangana government which claimed that “there is nothing particular about Telangana”. Budget 2023 | What’s cheaper and what’s costlier? Finance Department…

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Watch | Budget 2023 | Mobile phones, TVs to get cheaper; toys, bicycles, automobiles dearer

February 1, 2023 admin

Watch | Budget 2023 | What’s cheaper and what’s costlier? Customs duties on articles made from bars of gold and platinum have been increased. | Photo Credit: PTI With a view to promoting exports, boosting domestic manufacturing, and enhancing value addition, the Union Budget 2023-24 has proposed a number of changes to the Customs Duty regime which…

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Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap

February 1, 2023 admin

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 | Photo Credit: PTI The government plans to borrow a record ₹15.4 lakh crore from dated securities in FY24 to meet its expenditure requirement to prop up the economy. This is higher than the total borrowing of ₹14.21 lakh crore for the current financial year…

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Economic Survey 2022-23 | Growth dips, public investment stagnant in agriculture sector

January 31, 2023 admin

Farmers ride on a cart loaded with grass in a village on the outskirts of Jalandhar, Punjab on January 31, 2023. According the Economic Survey, the performance of the agriculture and allied sector had been buoyant over the past several years due to the measures taken by Centre to augment crop and livestock productivity |…

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Centre may announce ‘benchmark price’ for minor millets

January 25, 2023 admin

Considering the increase in the cultivation of millets, the Centre may soon announce a benchmark price for minor millets produced in various States. The Centre said it would help States to procure and distribute millets through the public distribution system. At present, millets such as jowar, bajra and ragi are procured by nine States with…

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Discrepancies in insurance disbursement baffle Barmer farmers

January 21, 2023 admin

Farmers staging a protest against discrepancies in the disbursement of compensation for loss of crops at Gudamalani in Barmer district in Rajasthan. | Photo Credit: Special Arrangement. A peculiar situation has arisen for farmers in Rajasthan’s Barmer district, where the public sector Agriculture Insurance Company of India (AIC) has released compensation against claims for damage…

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Farmers to step up stir for MSP coinciding with budget session of Parliament

January 16, 2023 admin

All India Kisan Sabha(AIKS) national president Ravula Venkaiah said the agitation to press for statutory backing to the minimum support price(MSP) regime will be intensified coinciding with the budget session of the Parliament. Addressing the media here on Monday, Mr. Venkaiah said: “We will not rest until MSP is not fixed as per the formula…

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