Stay Connected. Stay Informed.
The 2024 Budget signals policy continuity. The economy and the fiscal situation are in fine fettle. We are targeting real growth rates of 7%+ whilst keeping fiscal deficit at 4.9% for the year gone by (versus the 5.1% indicated earlier) and reducing it further to 4.5% in the coming year. Reassuringly, we are continuing to…
Read More “Union Budget 2024-25: Growth, reforms and infrastructure” »
R. Nandini | Photo Credit: SPECIAL ARRANGEMENT The Union Budget presented by the Finance Minister on July 23 embodies an inclusive and progressive vision, effectively addressing the diverse concerns of various sectors of the economy. It not only recognises a significant portion of the recommendations put forth by economic advisers and experts but also places…
Read More “Union Budget 2024: A vision for inclusive growth and empowerment” »
The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, represents a significant milestone in India’s ongoing journey towards inclusive growth and economic resilience. With a strategic emphasis on job creation, infrastructure development, support for MSMEs, and affordable housing, this Budget addresses the nation’s critical needs while prudently reducing the fiscal deficit to 4.9%. Stimulating…
Read More “Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience” »
New Delhi: Union finance minister Nirmala Sitharaman pointed out that her 82-minute Budget speech only covered the salient points, but a lack of mention of any scheme or state does not indicate exclusion. She also played down the mega package for Andhra Pradesh — ruled by ally Chandrababu Naidu — saying she merely highlighted the…
Union Finance Minister Nirmala Sitharaman shows a red pouch carrying the Budget documents. | Photo Credit: PTI Loaded with political pragmatism, Union Finance Minister Nirmala Sitharaman on July 23 announced development of Vishnupath temple at Gaya and Mahabodhi temple in Bodhgaya, both in Bihar, on the model of the Kashi-Vishwanath temple corridor to turn them…
Read More “Union budget focus on Bihar in tourism infra development” »
Adding heft: The tech platform will increase the utility and efficiency of CIR process. Finance Minister Nirmala Sitharaman has proposed to set up an integrated technology platform to improve the outcomes under the Insolvency & Bankruptcy Code (IBC) for achieving transparency, consistency, timely settlement and better oversight of all resolution cases. She also said that…
New Delhi: The government’s flagship apprenticeship programme, which has become contentious after Congress claims of plagiarism, has some crucial fine print that Union finance minister Nirmala Sitharaman made clear at a post-budget interview today. Two are of particular interest — to the employees and their employers. While the government is willing to provide the first-timers…
Read More “Budget 2024: The Fine Print In Government’s Jobs Scheme: Nirmala Sitharaman Explains” »
Middle-class families in the city have voiced their dissatisfaction with the updated income tax slabs in Union Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman on July 23. “The price of commodities has tripled over the last few decades, but the tax slabs have barely changed. It’s unfair for individuals earning ₹3 lakh per annum…
Read More “Middle class discontented, real estate sector applauds tax reforms” »
New Delhi: The first budget of the third term of Narendra Modi government bore a clear imprint of the recent Lok Sabha election, in which the BJP failed to gain majority on its own and had to depend on allies to form government. The reaction went beyond the special packages for Nitish Kumar’s Bihar and…
Finance Minister Nirmala Sitharaman on July 23 announced that the Union government will launch the PM – Janjatiya Unnat Gram Abhiyaan with an aim at achieving full saturation of basic facilities among five crore Scheduled Tribe families across 63,000 villages in tribal-majority areas and aspirational districts. The scheme, designed after the PM-JANMAN to achieve saturation…
Read More “Budget 2024: Centre to launch PM Janjatiya Unnat Gram Abhiyaan for tribal welfare” »