Category: Business

Business

Budget 2023 | By waiving off tax on FRP, Modi govt. has given massive boost for Maharashtra’s sugarcane industry, says Fadnavis

February 1, 2023 admin

Maharashtra Deputy Chief Minister Devendra Fadnavis watches the live telecast of Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on February 01, 2023. Photo: Twitter/@Dev_Fadnavis Stating that the Budget presented by Union Finance Minister Nirmala Sitharaman would give a massive boost for Maharashtra’s sugarcane industry, Deputy Chief Minister and State Finance Minister Devendra Fadnavis…

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Union Budget: Concerns of NRIs not addressed, says Shamsudheen

February 1, 2023 admin

Pravasi Bandhu Welfare Trust chairman K. V. Shamsudheen | Photo Credit: special arrangement Chairman of the United Arab Emirates-based Pravasi Bandhu Welfare Trust K.V. Shamsudheen has expressed disappointment with the Union Budget for 203-24 since it “failed to address the concerns of the non-resident Indians (NRIs).” He said the 40 million strong Indian diaspora remitted $100…

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Budget 2023 | Panel to examine Scheduled Caste status for Dalit converts allocated ₹3.05 crore

February 1, 2023 admin

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…

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Kerala must exploit opportunities opened up in Budget, say industry leaders

February 1, 2023 admin

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…

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Union Budget fails to enthuse delta region farmers in Tamil Nadu

February 1, 2023 admin

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…

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Centre cheated Bihar in Budget, says Tejashwi Yadav

February 1, 2023 admin

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…

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Small scale traders rue lack of welfare measures

February 1, 2023 admin

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….

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No vision to improve education sector, says AAP

February 1, 2023 admin

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…

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Budget 2023 | Major thrust planned for green energy

February 1, 2023 admin

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’…

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Budget 2023 | Department of Space gets ₹12,500 crore, 8% less than previous year

February 1, 2023 admin

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…

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