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Union Finance Minister Nirmala Sitharaman on July 23 announced several schemes for Bihar in her Budget 2024 speech. The schemes are a part of a larger plan titled “Purvodaya”, which covers the all-round development of eastern States including Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh. The government will support the development of an industrial…
The PM Internship Scheme aims to provide internship opportunities to one crore youth in 500 top CSR spend companies in the next five years. Representational file image. | Photo Credit: Reuters The Confederation of Indian Industry (CII) on Tuesday (October 1, 2024) said it is working closely with the Ministry of Corporate Affairs (MCA) to…
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Finance Minister Nirmala Sitharaman replies to the debate on the Finance Bill in the Lok Sabha on August 7, 2024. Photo: SansadTV via ANI The Finance Bill 2024 was passed in the Lok Sabha on Wednesday (August 7, 2024) with an amendment relaxing the recently introduced new capital gains tax on real estate. It allows…
Budget 2024-25 promised that “a policy for promoting pumped storage projects will be brought out for electricity storage and facilitating smooth integration of the growing share of renewable energy with its variable and intermittent nature.” Why pumped storage India has planned to create an ambitious 500 GW of non-fossil power by 2030. In around two…
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Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Monsoon session of Parliament on July 31, 2024. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on July 31said the Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation, among others. Replying to the discussion on the Union…
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans. Mr Gadkari has said in his letter that he is writing to the Finance Minister following a…
New Delhi: Union finance Minister Nirmala Sitharaman, under Opposition attack over her union budget in parliament for days, today came prepared to address their long list of grouses. The biggest of these had come from chief ministers of Opposition-ruled states — that all the largesse has been directed at two NDA allies, Bihar and Andhra…
The government has sustained its expenditure as a share of the total budget on infrastructure. | Photo Credit: Getty Images/iStockphoto The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to…
The story so far: The Union Budget for 2024-25 made it clear that employment was a major priority of the government, with the word getting 23 mentions in the Finance Minister’s speech. With many voters expressing their disenchantment with rising unemployment in the recent election, Prime Minister Narendra Modi has lent his title to a…
Ms Banerjee also called for the scrapping of the Niti Aayog and a return to the Planning Commission. New Delhi: Deviating from the stand taken by her counterparts belonging to other parties in the INDIA alliance, West Bengal Chief Minister Mamata Banerjee has said she will attend the Niti Aayog general council meeting on Saturday…