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Union Finance Minister Nirmala Sitharaman speaks during a post-budget press conference, in New Delhi on Wednesday, February 1, 2023. | Photo Credit: PTI After having to make do with funds from the Social Justice Ministry’s contingency Budget for the first four months of its functioning, the Commission of Inquiry to examine whether SC status can…
Bihar Deputy CM Tejashwi Yadav sought to compare Union Budget 2023 with previous Budgets. | Photo Credit: PTI Bihar Deputy Chief Minister Tejashwi Yadav on Wednesday said the Centre has cheated Bihar in the Union Budget 2023-24 and fooled the people of the State. “Bihar is a backward State. The Prime Minister and the Centre…
Read More “Centre cheated Bihar in Budget, says Tejashwi Yadav” »
The Union Budget seems to be full of good intentions but what happened to the good intentions of last year, how much of it was realised? Education budget is down to 2.5% from 2.64% while the health budget is down to 1.98% from 2.2%. Quality and accessibility of free basic education is still a big…
Read More “No vision to improve education sector, says AAP” »
The biggest cut is for space technology, under ‘Central Sector Schemes’, of ₹1,093.84 crore. The Department of Space expenditure has been slashed by 8% in the 2023-24 Union Budget, down to ₹12,543.91 crore, from ₹13,700 crore in the previous Budget estimate. However this is 19% higher than the revised estimate from the last fiscal. The…
Read More “Budget 2023 | Department of Space gets ₹12,500 crore, 8% less than previous year” »
The Union Budget 2023 incentivised domestic tourism for the middle class, announcing sector-specific skilling and entrepreneurship development to achieve the objectives of the Dekho Apna Desh initiative. Image for representation purpose only. | Photo Credit: H.S. Manjunath Upto 50 new tourist destinations will be developed; an information-driven app will be created for tourists; and ‘’Unity…
Read More “‘Mission mode’ for tourism in Union Budget, but no increase in allocation” »
Union Law Minister Kiren Rijiju said Phase III of eCourts Project will build on the gains made by the earlier two phases that proved crucial in the delivery of justice during the COVID-19 pandemic when courts were under lockdown protocol. File | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Wednesday allocated ₹7,000 crore for…
Rajasthan Chief Minister and senior Congress leader Ashok Gehlot | Photo Credit: PTI Rajasthan Chief Minister Ashok Gehlot on February 1 criticised the Union Budget for neglecting the important areas of education, health and social justice and reducing the allocation by 33% for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which had proved…
Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023. | Photo Credit: ANI The story so far: The 2023 Union Budget shines special attention on laboratory-grown diamonds (LGD). In her Budget speech, Finance Minister Nirmala Sitharaman said that the sector has “high employment potential” and announced a number of schemes to promote their research…
Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 in the Rajya Sabha on the second day of Budget Session of Parliament in New Delhi on Wednesday. | Photo Credit: ANI The Ministry of Science & Technology has received an allocation of ₹16,361.42 crore in the Union Budget, a nominal increase of 15% from…
Read More “Budget 2023 | ₹16,361 crore allocated for Ministry of Science and Technology” »
A worker in one of the oldest and largest diamond polishing units of Surat checking its dazzle. File image for representation | Photo Credit: Vijay Soneji To harness the potential of Lab Grown Diamond (LGD) or synthetic diamond segment, the Union Budget 2023-24 presented by the Finance Minister Nirmala Sitharaman has laid emphasis on research…
Read More “Budget 2023 | Lab Grown Diamond segment gets leg up with duty cut, R&D support” »
