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While the Centre insists that the MGNREGS is a demand-driven scheme and additional funds are given when required, no upward revision was made in the ongoing financial year. | Photo Credit: V. Raju At a time when the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the flagship rural employment programme, is running on a…
Read More “Union Budget 2025: MGNREGS allocation unchanged at ₹86,000 crore” »
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman speaks in the Lok Sabha during the Monsoon Session of Parliament in New Delhi on July 30, 2024. | Photo Credit: ANI Finance Minister Nirmala Sitharaman on July 30 termed misleading claims by Opposition leaders that if any State is not named in the Budget speech,…
Read More “No State has been denied money in FY25 Budget: Nirmala Sitharaman” »
Union Finance Minister Nirmala Sitharaman addresses a post-Budget press conference in New Delhi on July 23, 2024. | Photo Credit: ANI The Ministry of Minority Affairs has seen a mere 2.7% increase, from funds allocated in the previous year’s Budget Estimate (BE), for the financial year 2024-25 in the Union Budget presented on Tuesday. This…
Read More “Budget 2024: Meagre hike in funds for minority affairs” »
External Affairs Minister S. Jaishankar. | Photo Credit: ANI India-funded projects in the neighbourhood received the bulk of the allocation for the Ministry of External Affairs (MEA) under the Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday. Nepal secured an allocation of ₹700 crore, which is a jump of ₹150 crore from previous…
A PSLV rocket carrying the X-Ray Polarimetry Satellite (XPoSat) lifts off from the Sriharikota spaceport, January 1, 2024. | Photo Credit: ANI/ISRO With no major space missions slated for 2024, the Department of Space has recieved only a nominal hike of 4% in its allocation in the Interim Union Budget for 2024-25, from ₹12,545 crore…
Read More “2024 Interim Budget | Space gets nominal hike, likely boost for spaceflight start-ups” »
People watch Union Finance Minister Nirmala Sitharaman presenting the Interim Budget 2024 in Parliament, at a television showroom in Kolkata, Thursday, Feb. 1, 2024. | Photo Credit: PTI Finance Minister Nirmala Sitharaman presented the Interim Budget in the Lok Sabha today. In her Budget speech she spoke of the profound transformation undergone by the Indian…
Read More “Where does the money come from and where is it allocated?” »
Finance Minister Nirmala Sitharaman on Wednesday, February 1, presented the last full budget of the Narendra Modi government before the 2024 general elections. The Minister announced a range of new initiatives, revised income tax slabs and customs duty, and sops for agriculture and energy transition. The Union Budget 2023-24 document also listed the new allocations…
