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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…
The previous two terms of the Narendra Modi government saw the launch of some major national advanced technology missions, including for supercomputing, cyber-physical systems, and quantum technologies. These were coupled with initiatives to boost private sector participation with space and geospatial policies. India became the fourth to have a spacecraft’s lander touch down successfully on…
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This investment from Ambuja Cementis “the largest investment in the State by a cement industry player”. File | Photo Credit: Reuters Adani Group-owned Ambuja Cement Ltd (ACL) on August 3 announced an investment of around ₹1,600 crore in Bihar to set up a cement grinding unit at Warisaliganj in Nawada district. The 6 MTPA Warisaliganj…
Read More “Adani’s Ambuja Cement to invest ₹1,600 crore in Bihar to set up grinding unit” »
Congress president Mallikarjun Kharge. File | Photo Credit: PTI Congress president Mallikarjun Kharge on August 1 accused the Modi government of indulging in “tokenism” by bringing in “so-called employment-linked incentive schemes”, and said the ‘B’ in the Union Budget stands for “betrayal”. Mr. Kharge alleged that the Modi government’s Budget has mere internships forced upon…
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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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Nirmal;a Sitharaman asserted that no state was being denied money in the Union Budget. New Delhi: Finance Minister Nirmala Sitharaman today termed misleading claims by opposition leaders that if any state is not named in the Budget speech, then it does not get any budgetary allocation. Replying to a Budget discussion in the Lok Sabha,…
Read More “No State Has Been Denied Money In FY25 Budget: Nirmala Sitharaman” »
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” »
As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. Budget 2024-25 saw several initiatives around employment and skilling being proposed. Do these form a good first step in addressing the jobs challenge the country faces? Or…
Read More “Exploring the Key Highlights of the Union Budget 2024: Part 2 | In Focus podcast” »
The BJP floundered in the 2024 Lok Sabha election. The floundering continued on the floor of both Houses where Members of Parliament from the INDIA parties delivered multiple speeches that were well-structured, well-executed, and rich in content. A recurring theme in many of these powerful interventions on the Budget was a 12-letter word giving Modi…
Read More “The 12-Letter Word Giving The Government Sleepless Nights” »
New Delhi: Leader of the Opposition Rahul Gandhi is likely to speak on the Union Budget 2024 at 2 pm in the Lower House today. According to the sources, Congress MPs believe that, as the Leader of the Opposition, Rahul must address the House. Earlier, in a meeting with Congress Lok Sabha MPs, Rahul Gandhi…
Read More “Leader Of Opposition Rahul Gandhi To Speak On Union Budget In Lok Sabha Today” »