Category: Business

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Union Budget 2025: Double allocation for employment generation scheme

February 2, 2025 admin

Image for representative purpose | Photo Credit: Getty Images/iStockphoto Union Finance Minister Nirmala Sitharaman said the New Employment Generation Scheme, formulated to support employment generation across the country, will receive ₹20,000 crore. For the Labour Ministry, the allocation has been increased from ₹18,307.22 crore in the Revised Estimates (RE) of 2024-25 to ₹32,646.19 crore in…

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CM’s marathon meeting discusses budget discrimination, caste survey and SC categorisation reports

February 2, 2025 admin

Chief Minister A Revanth Reddy with Ministers and officials at a review meeting on Budget, SC categorisation and Caste Survey on Saturday. | Photo Credit: Special arrangement The marathon meeting of Chief Minister A. Revanth Reddy with Ministers at the Police Command Control Centre focused on the discrimination in the Union Budget and is said…

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Union Budget 2025: Viewpoint – The Hindu

February 1, 2025 admin

Union Finance Minister Nirmala Sitharaman, unseen, holds a digital tablet enclosed in a traditional ‘bahi-khata’ style pouch containing the paperless ‘Union Budget 2025-26’, outside the Finance Ministry, at North Block in New Delhi on February 1, 2025 | Photo Credit: Shiv Kumar Pushpakar Union Finance Minister Nirmala Sitharaman presented her eighth consecutive Budget on Saturday…

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Union Budget 2025: It’s a mixed bag for Tamil Nadu

February 1, 2025 admin

The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman on Saturday, is a mixed bag for Tamil Nadu. The DMK government’s slew of requests, including allocation of funds for the Chennai Metro Rail Project and disaster relief, did not find a mention in the Budget speech, while broader measures, including income tax benefits…

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Union Budget 2025: Job schemes don’t look promising

February 1, 2025 admin

This piece analyses the Union Budget 2025-26 for its employment generating impact from both a macro-economic as well as a micro-economic perspective. It does it by examining two sets of proposals: the first is the flagship personal income tax (PIT) slabs revision; and second, the ‘schemes’ announced in the classic government way for translating budget…

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Union Budget 2025 hikes funds for roads by 2.4%

February 1, 2025 admin

Representational image of roadwork in progress | Photo Credit: E. Lakshmi Narayanan The annual growth in budgetary allocation for the Ministry of Road Transport and Highways continued to see a decline for the second year in a row. The Ministry received an allocation of ₹2.87 lakh crore. This is a mere 2.4% increase as compared…

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Reviving demand for industrial growth

February 1, 2025 admin

Women work at a garment unit in Madurai. | Photo Credit: G. Moorthy Assuming a conservative GDP growth rate of 10.1% for FY26, the Budget accords priority for fiscal consolidation. The ‘cautious’ GDP forecast appears to be realistic for tax revenue projections, given the uncertainties in the global economy and growth slowdown in the domestic…

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Agriculture is fiscally neglected in the Budget

February 1, 2025 admin

A farmer walks across a wheat field on the outskirts of Amritsar. | Photo Credit: AFP A Budget is the response of a government to the challenges in the economy. The effort in the Economic Survey 2024-25 was to spin a positive narrative on the state of Indian agriculture. It claimed that Indian agriculture remained…

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Union Budget 2025: Defence budget falls short of expectations

February 1, 2025 admin

The Union Budget 2025-26 earmarked ₹6.81 lakh crore — or 13.4% of total Central government expenditure — for the Ministry of Defence (MoD). Of the MoD’s total budget, ₹4.92 lakh crore, or 72%, is meant for the Defence Services (primarily the Army, Navy, Air Force and the Defence Research and Development Organisation). About ₹1.61 lakh…

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