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Tag: budget news

Green measures announced by Finance Minister in Interim Budget

Posted on February 1, 2024 By admin
Green measures announced by Finance Minister in Interim Budget

Image for representation only | Photo Credit: AP While presenting the interim budget for 2024, Finance Minister Nirmala Sitharaman announced a set of measures to boost the green economy and the blue economy Among other measures pertaining to finance and infrastructure, Finance Minister Nirmala Sitharaman also announced some green initiatives and steps which will be…

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Business

Budget 2024 Highlights: Interim Budget 2024 Key Highlights

Posted on February 1, 2024 By admin
Budget 2024 Highlights: Interim Budget 2024 Key Highlights

Union Finance Minister Nirmala Sitharaman poses for photographs before presenting the Interim Budget 2024 in New Delhi on February 1, 2024. | Photo Credit: Shiv Kumar Pushpakar FM Nirmala Sitharaman presented the Interim Budget in the Lok Sabha today. Earlier in the morning, the Union Cabinet met and approved the Budget. Also Read |Budget 2024…

Read More “Budget 2024 Highlights: Interim Budget 2024 Key Highlights” »

Business

Budget 2024: Three new economic corridors for railways, says Finance Minister in speech

Posted on February 1, 2024 By admin
Budget 2024: Three new economic corridors for railways, says Finance Minister in speech

Energy, mineral and cement corridor, a port connectivity corridor and a high traffic density corridor will be set up, Finance Minister Nirmala Sitharaman said in her Budget speech | Photo Credit: SPECIAL ARRANGEMENT Touching upon measures that will be taken to expand India’s railway infrastructure, Finance Minister Nirmala Sitharaman announced three major railway economic corridors….

Read More “Budget 2024: Three new economic corridors for railways, says Finance Minister in speech” »

Business

Expect States to tap ₹1.3 lakh crore capex loan window quicker: Nirmala Sitharaman

Posted on February 2, 2023 By admin
Expect States to tap ₹1.3 lakh crore capex loan window quicker: Nirmala Sitharaman

February 02, 2023 10:54 pm | Updated February 03, 2023 11:12 am IST – NEW DELHI  Union Finance Minister Nirmala Sitharaman during the post-budget FICCI national executive committee meeting in New Delhi on February 2, 2023. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Thursday exuded confidence that States will sign up as early…

Read More “Expect States to tap ₹1.3 lakh crore capex loan window quicker: Nirmala Sitharaman” »

Business

Budget 2023 | Towards a healthier India: Preetha Reddy

Posted on February 1, 2023 By admin
Budget 2023 | Towards a healthier India: Preetha Reddy

It was encouraging that the Finance Minister today opened the Union Budget speech by talking about India’s economic growth, which is expected to be at 7%, the highest among the major economies. It was reassuring as across the world, there are several nations standing at the brink of a slowdown. India’s success in managing the…

Read More “Budget 2023 | Towards a healthier India: Preetha Reddy” »

Business

A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24

Posted on February 1, 2023 By admin
A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24

If budget making is a complex task, interpreting the Union Budget can be hazardous given the amount of fine print that one has to pore over. Finance Minister Nirmala Sitharaman’s fifth Budget, and the current Bharatiya Janata Party-led government’s final full-fledged one before next year’s general election, ticks all the right boxes on the face…

Read More “A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24” »

Business

Pollticks: Jobs get highest mention in last Budget before elections

Posted on February 1, 2023 By admin
Pollticks: Jobs get highest mention in last Budget before elections

Illustration: Satheesh Vellinezhi With the global economy adrift, Finance Minister Nirmala Sitharaman sought to carve out an ark for India in her fifth Union Budget by trying to nudge domestic consumption and reluctant private investments upwards, while also seeking to create a feel-good factor among specific segments of voters as the government gears up for…

Read More “Pollticks: Jobs get highest mention in last Budget before elections” »

Business

Budget 2023 | Senior citizen scheme limit doubled to ₹30 lakh

Posted on February 1, 2023 By admin
Budget 2023 | Senior citizen scheme limit doubled to ₹30 lakh

Finance Minister Nirmala Sitharaman proposed to double the deposit limit for Senior Citizen Savings Scheme to ₹30 lakh | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to ₹30 lakh and Monthly Income Account Scheme to ₹9 lakh. In her Budget Speech, the…

Read More “Budget 2023 | Senior citizen scheme limit doubled to ₹30 lakh” »

Business

Budget 2023 | Railways gets outlay of ₹2.4 lakh crore

Posted on February 1, 2023 By admin
Budget 2023 | Railways gets outlay of ₹2.4 lakh crore

A view of the production of Vande Bharat Coaches at Integral Coach Factory in Chennai. File | Photo Credit: R. Ragu With an outlay of ₹2.40 lakh crore for the financial year 2023-24 compared to ₹1.40 lakh crore in the FY22-23, Finance Minister Nirmala Sitharaman said that the outlay for the railways is nine times the…

Read More “Budget 2023 | Railways gets outlay of ₹2.4 lakh crore” »

Business

Budget 2023 | Government to set up 100 5G labs to develop new apps

Posted on February 1, 2023 By admin
Budget 2023 | Government to set up 100 5G labs to develop new apps

India has made remarkable advancements in the digital realm. File image | Photo Credit: AP The Government proposes to set up 100 labs for developing applications using 5G services in various engineering institutions across the country. Three Centres of Excellence for AI will also be set up. These measures will realise a new range of…

Read More “Budget 2023 | Government to set up 100 5G labs to develop new apps” »

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