Tag: Union Budget

Budget 2023 | Lab Grown Diamond segment gets leg up with duty cut, R&D support

February 1, 2023 admin

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…

Business

Budget 2023 | Marginal hike in funds for Home Ministry, allocation for Census slashed by half

February 1, 2023 admin

File photo of officials collecting data as part of Census in 2011. | Photo Credit: MURALI KUMAR K In an indication that the census exercise — meant to be completed in 2021, but delayed because of COVID-19 — may not be conducted in 2023-24, the Union Budget allocation for the Census Survey and Statistics head…

Business

Budget 2023 | Cooperative manufacturing units get sops

February 1, 2023 admin

Finance Minister Nirmala Sitharaman addressing the Post Budget press conference at the National Media Centre in New Delhi on Wednesday, January 1, 2023. | Photo Credit: R.V. Moorthy Finance Minister Nirmala Sitharaman announced new initiatives for the cooperative sector in her 2023-24 Union Budget speech. The Minister stated that new cooperatives that commence manufacturing activities…

Business

Budget 2023 | ₹15,000 crore to be spent on development of tribals

February 1, 2023 admin

Tribal women walk to their villages in Chhattisgarh. Image for representation only | Photo Credit: AP Finance Minister Nirmala Sitharaman on Wednesday announced the Pradhan Mantri-PVTG Development Mission to focus on improving the overall socio-economic conditions of 75 Particularly Vulnerable Tribal Groups across the country, who live in around 31,000 villages of India’s 18 States…

Business

Union Budget 2023 a disappointment to Telangana as many of its demands remain unfulfilled

February 1, 2023 admin

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24. | Photo Credit: ANI The Union Budget 2023 presented in the Parliament by Finance Minister Nirmala Sitaraman has come as a disappointment to the Telangana government which claimed that “there is nothing particular about Telangana”. Budget 2023 | What’s cheaper and what’s costlier? Finance Department…

Business

Economic Survey 2022-23 | Growth dips, public investment stagnant in agriculture sector

January 31, 2023 admin

Farmers ride on a cart loaded with grass in a village on the outskirts of Jalandhar, Punjab on January 31, 2023. According the Economic Survey, the performance of the agriculture and allied sector had been buoyant over the past several years due to the measures taken by Centre to augment crop and livestock productivity |…

Business