Andhra budget: Jagan government presents maiden budget of Rs 2.27 lakh cr, renews call for special category status
5 years, 6 months ago

Andhra budget: Jagan government presents maiden budget of Rs 2.27 lakh cr, renews call for special category status

India TV News  

Focusing on implementation of its poll promises, the YSR Congress Party government of Andhra Pradesh on Friday presented over Rs 2.27 lakh crore budget for 2019-20, an increase of 19.32 per cent over the previous year. The finance minister allocated Rs 1,163 crore for YSR Crop Insurance Scheme to pay the current share of farmers' crop insurance relieving them of any burden in crop insurance. As part of Rythu Bharosa, the government has promised to drill borewells free of cost and a provision of Rs 200 crore is proposed in the budget. A budget allocation of Rs 6,455 crore has been proposed for the scheme which will benefit around 43 lakh mothers and improve all the parameters relating to education.

Jagan State Lakh Scheme Proposed Andhra Ysr Crore Budget Presents Maiden Maiden Budget  status  renews  minister  state  lakh  presents  maiden  jagan  proposed  scheme  rs  ysr  andhra  crore  budget  special  cr

History of this topic

Telangana to borrow Rs 30,000 cr in 3 months
Trending News
1 week, 6 days ago

Telangana to borrow Rs 30,000 cr in 3 months

Deccan Chronicle  

Hyderabad: The state government has decided to raise Rs 30,000 crore in loans through market borrowings during the final quarter of the current fiscal year. According to a report from the Comptroller and Auditor General of India, the state government had already raised Rs 37,850 crore in market borrowings during the fiscal year 2024-25 up until November 2024. This proposed …

India’s Fiscal Deficit Stands at Rs 8.5 Lakh Cr, 52.5 PC of Budget Target
2 weeks ago

India’s Fiscal Deficit Stands at Rs 8.5 Lakh Cr, 52.5 PC of Budget Target

Deccan Chronicle  

New Delhi: Crossing the halfway mark in the first eight months of the year, India’s fiscal deficit stood at Rs 8.5 lakh crore or 52.5 percent of the Budget target. “Net tax receipts for the first eight months of the current financial year were at Rs 14.43 lakh crore, or 56 per cent of the annual target, compared with Rs …

Interest payment burden continues to mount as Telangana government grapples to raise resources
2 weeks, 4 days ago

Interest payment burden continues to mount as Telangana government grapples to raise resources

The Hindu  

Interest burden on Telangana’s finances continue to mount with every passing month leaving the State government to face a challenging time in managing its finances in the coming days. The government has projected ₹17,729 crore towards interest payments during the current financial year in the budget estimates. But the quantum of interest paid is ₹17,080 crore till November-end with four …

UP government presents 2nd supplementary budget of RS 17865.72 crore
3 weeks, 6 days ago

UP government presents 2nd supplementary budget of RS 17865.72 crore

Hindustan Times  

[email protected] Finance Minister Suresh Khanna presenting a supplementary budget The UP government on Tuesday presented its second supplementary budget of ₹17865.72 crore for 2024-2025, including additional provisions for sprucing up the energy sector, making Prayagraj Mahakumbh secure and magnificent, creating development infrastructure, providing additional funds for maintenance of cows and ensuring the sanctity of examinations. The size of the second …

Jharkhand assembly passes Rs 11,697 crore supplementary budget | DETAILS
1 month ago

Jharkhand assembly passes Rs 11,697 crore supplementary budget | DETAILS

India TV News  

Jharkhand supplementary budget: The Jharkhand Assembly on Thursday passed the second supplementary budget of Rs 11,697.45 crore for the 2024-25 fiscal year. Finance Minister Radhakrishna Kishore tabled the second supplementary budget, with the largest allocation of Rs 6,390.55 crore directed to the Women, Child Development, and Social Security Department. BJP on supplementary budget Participating in the debate on the supplementary …

Jharkhand government boosts women-based scheme with Rs 2,500 payout
1 month ago

Jharkhand government boosts women-based scheme with Rs 2,500 payout

India Today  

The Hemant Soren-led government is set to disburse an enhanced amount of Rs 2,500 to beneficiaries of the Maiya Samman Yojana, a flagship scheme credited with contributing to the INDIA bloc’s significant victory in Jharkhand. In a key move during the special session of the Jharkhand Legislative Assembly, Finance Minister Radhakrishna Kishore presented a supplementary budget of Rs 11,697.45 crore …

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout
1 month, 1 week ago

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout

Deccan Chronicle  

The Odisha Legislative Assembly on Thursday evening approved the Appropriation Bill, 2024, authorizing the government to utilize ₹12,156 crore from its consolidated fund for the remaining months of the 2024-25 fiscal year. The session was marked by a walkout from the opposition BJD and Congress.Chief Minister Mohan Majhi, who also handles the finance portfolio, had presented the supplementary budget of …

Jagan Mohan Reddy's party, Nara Lokesh clash over student fee reimbursement dues
1 month, 3 weeks ago

Jagan Mohan Reddy's party, Nara Lokesh clash over student fee reimbursement dues

India Today  

The YSR Congress Party has raised strong objections to the coalition government’s handling of the education sector, alleging that students are suffering due to stalled welfare schemes. Speaking to the media on Monday, YSRCP spokesperson Jupudi Prabhakar Rao demanded the immediate clearance of pending fee reimbursement dues, which have left students unable to retrieve their certificates from college managements. He …

Jagan quotes CAG saying YSRC’s AP debt only Rs 6.4 lakh crore
1 month, 3 weeks ago

Jagan quotes CAG saying YSRC’s AP debt only Rs 6.4 lakh crore

Deccan Chronicle  

Speaking to media here on Wednesday, he charged that the budget presentation exercise is an attempt to cover up the inefficiency of the NDA alliance government in implementing its super six and other poll promises. The former chief minister gave a detailed rebuttal of what he called “bundle of lies” by presenting figures ratified in the Comptroller and Auditor General …

CAG says off-budget liabilities of Andhra at ₹32,903 crore
2 months ago

CAG says off-budget liabilities of Andhra at ₹32,903 crore

Hindustan Times  

The off-budget liabilities of the Andhra Pradesh government stood at ₹32,903 crore at the end of the 2023-24 financial year, the Comptroller and Auditor General of India said in its report tabled in the state assembly on Wednesday. The CAG, which reviewed the state government’s budget for the financial year 2023-24, said the off-budget borrowing is a liability of the …

How Chandrababu's Andhra budget is a balancing act on sops, fiscal prudence
2 months ago

How Chandrababu's Andhra budget is a balancing act on sops, fiscal prudence

India Today  

The Chandrababu Naidu-led National Democratic Alliance government in Andhra Pradesh, which assumed office in the second quarter of 2024-25, has presented a Rs 2.94 lakh crore budget, reducing the extraordinary emphasis on welfare schemes and sops by the earlier Yuvajana Sramika Rythu Congress Party regime of Y.S. His government targeted the previous YSRCP regime for “destroying the financial conditions of …

North Andhra projects ignored in budget: FDNA
2 months ago

North Andhra projects ignored in budget: FDNA

Deccan Chronicle  

Visakhapatnam: There was mixed reaction to the state budget presented by the NDA Alliance government in the assembly on Monday. General secretary of Forum for Development of North Andhra A. Aja Sharma said the budget disappointed the people of north Andhra as the issue of steel plant privatisation was not mentioned. The government announced that it would take up an …

A ‘corrective’ budget’ to repair AP: Health Minister Yadav
2 months ago

A ‘corrective’ budget’ to repair AP: Health Minister Yadav

Deccan Chronicle  

Vijayawada: AP’s annual budget for the 2024-25 financial year is a “corrective budget” aimed at repairing the economy “destroyed due to the YSRC’s misgovernance,” Health Minister Satya Kumar has said. The Rs 2.94 lakh crore annual budget reflected the aspirations of the people, he said on Monday.Speaking to the media, Yadav noted that the government made a total allocation of …

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget
2 months ago

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget

Hindustan Times  

The Telugu Desam Party-led National Democratic Alliance government in Andhra Pradesh on Monday presented its first full-fledged budget of ₹2,94,427 crore for 2024-25, five months after coming to power. Finance minister Payyavula Kesav told the state legislative assembly that the budget included revenue expenditure of ₹2,35,916 crore and capital expenditure of ₹32,712 crore. The NDA government under chief minister N …

AP Budget highly deceptive: YSRC
2 months ago

AP Budget highly deceptive: YSRC

Deccan Chronicle  

Vijayawada: The YSRC has criticised the state Budget for 2024-25 as "highly deceptive," claiming it lacks proper allocations to fulfill its grand promises. Although the total outlay of ₹2.95 lakh crore for the year represents an increase of ₹41,000 crore over the previous year's budget, Rajendranath questioned where the funds would come from to fulfill the much-publicized Super Six schemes. …

A.P. govt. presented a pro-people budget amid precarious financial conditions, says I&PR Minister
2 months ago

A.P. govt. presented a pro-people budget amid precarious financial conditions, says I&PR Minister

The Hindu  

In the face of financial difficulties and resource depletion, the coalition government in Andhra Pradesh has introduced what it called a “pro-people budget” for 2024-25. Addressing the media at the Assembly on Monday, Information and Public Relations Minister Kolusu Parthasarathy praised Chief Minister N. Chandrababu Naidu and Finance Minister P. Keshav for delivering a budget under challenging conditions. Additionally, the …

AP Budget: Total Outlay at Rs.2,94,427.25 Cr
2 months ago

AP Budget: Total Outlay at Rs.2,94,427.25 Cr

Deccan Chronicle  

Vijayawada: The annual Budget for Andhra Pradesh was presented in the state assembly on Monday by Finance Minister Payyavula Keshav. Keshav said the budget of Rs.2,94,427.25 crore for FY25 has a revenue expenditure estimated at Rs.2,35,916.99 crore and capital expenditure at Rs.32,712.84 crore. The finance minister announced an allotment of Rs.11,855 crore for agriculture and allied sectors, Rs.18,497 crore for …

Andhra Pradesh budget 2024: Rs 29,909 crore allocated to education sector, focus on rural development
2 months ago

Andhra Pradesh budget 2024: Rs 29,909 crore allocated to education sector, focus on rural development

India TV News  

Andhra Pradesh Finance Minister Payyavula Keshav on Monday presented the state’s budget for the fiscal year 2024-25, totaling Rs 2,94,427.25 crore. Sectoral Allocations: Education : Rs 29,909 crore allocated for school education. Rural Development: Rs 16,739 crore allocated for Panchayat Raj and Rural Development, overseen by Deputy CM Pawan Kalyan. Agriculture and Rural Development: Significant emphasis on agricultural welfare, with …

What does Naidu government have in focus for Andhra Pradesh in its budget?
Trending News
2 months ago

What does Naidu government have in focus for Andhra Pradesh in its budget?

India Today  

The Andhra Pradesh Legislative Assembly’s budget session began today with Finance Minister Payyavula Keshav presenting the state’s budget for the fiscal year 2024-25. The state budget for 2024-25 is set at Rs 2.94 lakh crore, with Rs 2.35 lakh crore allocated for revenue expenditure and Rs 3,271.84 crore for capital expenditure. Sector-wise, significant funds are earmarked for Panchayat Raj and …

AP govt to table budget on Monday, with four months left in FY
2 months ago

AP govt to table budget on Monday, with four months left in FY

Deccan Chronicle  

Amaravati: The Andhra Pradesh government is expected to present the state budget on Monday, during the assembly session starting tomorrow, according to official sources. The TDP-led NDA government had previously promulgated an ordinance approving a Vote-on-Account budget of Rs 1.3 lakh crore for the period from August to November. Earlier, the previous YS Jagan Mohan Reddy-led YSRCP government had presented …

Odisha govt sets the ball rolling for budget 2025-26
2 months, 1 week ago

Odisha govt sets the ball rolling for budget 2025-26

New Indian Express  

BHUBANESWAR: A fortnight ahead of schedule, the state government has begun preparation for the annual budget 2025-26 with a focus to make it fiscally prudent, inclusive and growth-oriented. As the Opposition BJD criticised the budget as a mere ‘name-changing’ exercise, accusing the BJP of superficially rebranding rather than introducing transformative policies, the government now aims to present a strategic fiscal …

Former CM Jagan Mohan Reddy flays TDP for not presenting annual budget
3 months, 1 week ago

Former CM Jagan Mohan Reddy flays TDP for not presenting annual budget

New Indian Express  

VIJAYAWADA: Former Chief Minister and YSRC President YS Jagan Mohan Reddy criticized the TDP coalition government for failing to introduce the annual budget even four months after assuming office and said that the delay was due to avoid public backlash over allocations to welfare schemes. During the meeting with ZPTC and other leaders from West Godavari and Eluru districts held …

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus
3 months, 3 weeks ago

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus

Live Mint  

India's Finance Ministry is set to begin preparations for the 2025-26 annual budget in October, as the country's economy continues its strong performance, maintaining a 7% growth rate for the fourth consecutive year, PTI reported. The upcoming budget is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand, as per …

Telangana: Revenue deficit soars to Rs 11,328 crore by July-end
3 months, 3 weeks ago

Telangana: Revenue deficit soars to Rs 11,328 crore by July-end

New Indian Express  

HYDERABAD: The state government is facing a significant revenue deficit. In the first four months of the 2024–25 financial year, as of July-end, the deficit stood at Rs 11,328.5 crore, which is 3,808.92% higher than Budget estimates. From April to July, the state recorded Rs 47,712.69 crore in revenue receipts, excluding borrowings, while revenue expenditure totalled Rs 59,041.19 crore. Tax …

Buggana flays Andhra government over rising debt
3 months, 4 weeks ago

Buggana flays Andhra government over rising debt

New Indian Express  

VIJAYAWADA: Emphasising that the frustration which is typically observed after five years of governance has emerged within months, former minister Buggana Rajendranath condemned the current government for its failure to present a budget even after three months. Buggana raised concerns about the State government’s growing debt, and mentioned that coalition government had borrowed Rs 2,000 crore on June 11, Rs …

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
5 months, 2 weeks ago

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman

Live Mint  

The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by FY26, Union finance minister Nirmala Sitharaman told Parliament on Tuesday, addressing concerns raised by the Opposition on the budget. Sitharaman also outlined the government’s budgetary allocations for social sector welfare schemes, public capex, expenditure on …

Lok Sabha approves Union Budget 2024-25
5 months, 2 weeks ago

Lok Sabha approves Union Budget 2024-25

India TV News  

The Lok Sabha on Tuesday passed the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on July 23. The budget was passed following a debate during which, Finance Minister Nirmala Sitharaman spoke about the Central government's goal to narrow the fiscal deficit in coming years. In her budget, Sitharaman mentioned nine priorities including, Productivity and resilience in agriculture, Employment …

'States not ignored': FM Sitharaman dismisses Opposition's charge on Budget 2024
5 months, 2 weeks ago

'States not ignored': FM Sitharaman dismisses Opposition's charge on Budget 2024

Firstpost  

Sitharaman said that no state was being denied money. The Budget has provided substantial financial support of Rs 17,000 crore to the Union Territory of Jammu & Kashmir this year. “We have provided substantial financial support of Rs 17,000 crore in the Union Budget of UT Jammu and Kashmir this year. That’s the burden we want to take on our …

How India's Budget and economy changed in 10 years. PM Modi explains in 10 numbers
5 months, 2 weeks ago

How India's Budget and economy changed in 10 years. PM Modi explains in 10 numbers

Firstpost  

More than 1,000 participants from the industry, government, diplomatic community and think tanks, among others, attended the conference in person while many others will connect virtually from various CII centres around the country and overseas Prime Minister Narendra Modi on Tuesday addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference.’ During his address, PM …

Bhatti terms his Budget ‘People’s Budget’ aimed at fulfilling aspirations of all sections
5 months, 2 weeks ago

Bhatti terms his Budget ‘People’s Budget’ aimed at fulfilling aspirations of all sections

The Hindu  

Deputy Chief Minister Mallu Bhatti Vikramarka has termed the Budget-2024-25 as a ‘people’s budget’ designed to meet the needs and aspirations of all sections of the society in the State. Stating that the State government would fully utilize the funds allocated for centrally Addressing Mr. Rao’s criticism of the increased estimated Excise revenue, Mr. Vikramarka assured that the government would …

Jagan writes to AP governor over 'distortions of facts'
5 months, 2 weeks ago

Jagan writes to AP governor over 'distortions of facts'

Deccan Chronicle  

Former chief minister and YSRC president YS Jagan Mohan Reddy wrote a letter here on Friday to Governor Justice S Abdul Nazeer about the “distortion of facts” in the Governor's address to the joint session of the AP Legislature on 22nd July, 2024.The address is prepared by the state government and read out by the governor with or without changes.Jagan …

Telangana govt presents ₹2.91 lakh-cr budget, agriculture gets lion’s share
5 months, 2 weeks ago

Telangana govt presents ₹2.91 lakh-cr budget, agriculture gets lion’s share

Hindustan Times  

Telangana finance minister Mallu Bhatti Vikramarka on Thursday presented a ₹2.91 lakh crore state budget for 2024-25 in the assembly, with the total revenue expenditure expected to be ₹2.21 lakh crore and capital expenditure ₹33,487 crore, even as the Congress-led government allocated major chunk to agriculture, panchayati raj and rural development and irrigation departments. Stating that the Congress-led state government …

Congress tries to establish a lasting legacy by presenting party's first Telangana Budget
5 months, 2 weeks ago

Congress tries to establish a lasting legacy by presenting party's first Telangana Budget

New Indian Express  

HYDERABAD: By focusing on farmers, women, SCs, STs, BCs and proposing to connect the urban and rural areas of the state with Metro in its first Budget after the formation of Telangana, the Congress government has tried to take the first step toward establishing a lasting legacy in the state, especially the capital, Hyderabad. The Budget also indicates the government’s …

Odisha's budget progressive, welfare-centric: Dharmendra Pradhan
5 months, 2 weeks ago

Odisha's budget progressive, welfare-centric: Dharmendra Pradhan

New Indian Express  

BHUBANESWAR: Union Minister Dharmendra Pradhan on Thursday thanked Chief Minister Mohan Charan Majhi for presenting an inclusive and progressive budget for Odisha. Describing the maiden budget of the first BJP government in the state as growth-oriented and welfare-centric, Pradhan said as the size of the annual budget is 15 per cent more than the previous year, the additional funds will …

Telangana budget allocates Rs 21,292 crore for education department
5 months, 2 weeks ago

Telangana budget allocates Rs 21,292 crore for education department

New Indian Express  

HYDERABAD: The state government proposed a budget of Rs 21,292 crore for the Education department for the financial year 2024-25, an increase 9.3% over the revised estimate of Rs 19,472 crore in 2023-24. The previous BRS government had proposed a budget estimate of Rs 19,093 crore for the year 2023-24, which the Congress government has surpassed with tangible numbers. The …

Contrasting Views on Telangana State Budget Allocation: Reactions on the Budget
5 months, 2 weeks ago

Contrasting Views on Telangana State Budget Allocation: Reactions on the Budget

Deccan Chronicle  

Chief Minister Bhatti Vikramarka in the Legislative Assembly on Thursday. Rama Rao- BRS working president The allocation of Rs.72,659 crore for agriculture and allied sectors shows the Congress government's recognition of agriculture as the backbone of the state's economy. Allocations to relieve farmers of the loan burden with Rs.2 lakh waiver at one go, Rythu Bima, crop insurance, paddy bonus, …

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development
5 months, 2 weeks ago

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development

Deccan Chronicle  

Bhubaneswar: The Bharatiya Janata Party-led Odisha government on Thursday presented Rs.2.65 lakh crore budget for the financial year 2024-25 with more special focus on agriculture, infrastructure, welfare and Odia Asmita. Presenting the budget, Chief Minister Mohan Charan Majhi, who also holds the finance portfolio, proposed the administrative expenditure at Rs 97, 725 crore and the programme expenditure of Rs 1,55,000 …

Telangana Budget Focuses on Infrastructure and Welfare
5 months, 2 weeks ago

Telangana Budget Focuses on Infrastructure and Welfare

Deccan Chronicle  

Hyderabad: The Congress-led State government in Telangana on Thursday presented Rs.2.91 lakh crore budget for the financial year 2023-24 with more special focus on infrastructure and welfare in the State. According to Bhatti, the global economy has recorded a growth rate of 3.2 per cent during the year 2023-24 while Indian economy has recorded a growth rate of 7.6 per …

Telangana’s health Budget dips by ₹693 crore from last fiscal
5 months, 2 weeks ago

Telangana’s health Budget dips by ₹693 crore from last fiscal

The Hindu  

The Health Medical and Family Welfare Budget for Telangana in the fiscal year 2024-25 has seen a reduction compared to the previous year. Telangana Budget 2024 LIVE updates: ₹500 crores proposed for Metro extension to Old City,₹100 crores for extension to Airport While presenting the Budget, Finance Minister Mallu Bhatti Vikramarka highlighted several concerns. The previous government could not even …

Telangana Government presents State Budget with total outlay of ₹2.91 lakh crore
5 months, 2 weeks ago

Telangana Government presents State Budget with total outlay of ₹2.91 lakh crore

The Hindu  

The Telangana State Government has presented ₹2.91 lakh crore Budget for the Financial Year 2024-25 with emphasis on welfare and development of agriculture and allied sectors. Finance Minister Mallu Bhatti Vikramarka introduced the Budget in the Assembly on July 25 with estimated revenue expenditure of ₹2.2 lakh crore and capital expenditure of ₹33,487 crore. The Finance Minister presented the Budget, …

Discussion On The Budget In Parliament Today, Kiren Rijiju Raised Questions On Opposition | ABP News
5 months, 3 weeks ago

Discussion On The Budget In Parliament Today, Kiren Rijiju Raised Questions On Opposition | ABP News

ABP News  

Budget 2024: The first budget of the third term of the Modi government was presented in the Lok Sabha on Tuesday. After giving third consecutive term to Narendra Modi government, everyone had high expectations from this budget. But, they have also got some disappointment due to increase in short term and long term capital gains tax and abolition of indexation …

Telangana Cabinet approves budget for 2024-25
5 months, 3 weeks ago

Telangana Cabinet approves budget for 2024-25

Deccan Chronicle  

Hyderabad: The State Cabinet approved the budget to be presented by the Deputy Chief Minister Mallu Bhatti Vikramarka at a meeting chaired by the Chief Minister A Revanth Reddy in the Assembly Hall here on Thursday. Bhatti, who also holds the finance portfolio, will present the budget in the State Assembly at 12 noon. Bhatti handed over the copies related …

Rs 2.5 lakh crore Telangana budget to focus on 6Gs
5 months, 3 weeks ago

Rs 2.5 lakh crore Telangana budget to focus on 6Gs

New Indian Express  

HYDERABAD: Finance Minister Mallu Bhatti Vikramarka will present the first full Budget of the Congress government after the formation of Telangana on Thursday. According to sources, the Budget for the financial year 2024–25 would be around Rs 2.5 lakh crore to Rs 2.9 lakh crore. Apart from this, an estimated Rs 15,000 crore would be required for implementing the Rythu …

Budget 2024: N Chandrababu Naidu hails Centre’s ₹15000 cr help for Andhra Pradesh, says, ‘step towards rebuilding State’
5 months, 3 weeks ago

Budget 2024: N Chandrababu Naidu hails Centre’s ₹15000 cr help for Andhra Pradesh, says, ‘step towards rebuilding State’

Live Mint  

In a recent LinkedIn post, Andhra Pradesh Chief Minister N Chandrababu Naidu shared encouraging updates on the progress of the new NDA government in Andhra Pradesh. Here's N Chandrababu Naidu's post "Hello friends, It has been a productive month for our new NDA government in Andhra Pradesh, and I'm glad to let you know that our State is back on …

RAI Praises Budget Initiatives for Boosting Farmer AID and Disposable Incomes
5 months, 3 weeks ago

RAI Praises Budget Initiatives for Boosting Farmer AID and Disposable Incomes

Deccan Chronicle  

Hyderabad: The Retailers Association of India, reacting to the Union Budget, said initiatives like financial aid for farmers, tax exemptions, and increased deductions were aimed to enhance disposable incomes, leading to higher spending and consumption growth. "The proposals to reduce customs duties on precious metals, mobile phones, and related parts were intended to assist domestic manufacturing, increase export competitiveness, and …

Budget 2024’s botched borrowing of ideas leaves India without the impetus it needs
5 months, 3 weeks ago

Budget 2024’s botched borrowing of ideas leaves India without the impetus it needs

Hindustan Times  

The Union Budget is not merely a statement of accounts — it is a declaration of the nation’s economic priorities. By this yardstick, this budget reflects poorly on the Narendra Modi-led government and bodes ill for India’s political and economic future. Two key initiatives have been borrowed from the Congress’s Nyay Patra for the 2024 Lok Sabha elections: the internship …

The budget echoes the Developed India vision
5 months, 3 weeks ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

Budget 2024: Agriculture gets higher allocation; fertilizer, food subsidies slashed, farmers express concern
5 months, 3 weeks ago

Budget 2024: Agriculture gets higher allocation; fertilizer, food subsidies slashed, farmers express concern

The Hindu  

Maintaining that enhancing productivity and resilience in agriculture is her priority, Union Finance Minister Nirmala Sitharaman allocated ₹1.52 lakh crore for farming and allied sectors in the first Budget of the third Narendra Modi government on Tuesday. The total allocation for the Department of Agriculture and Farmers Welfare is ₹1,22,528.77 crore. In the Revised Estimates in 2023-24, the amount was …

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies
5 months, 3 weeks ago

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies

The Hindu  

The Union Budget-2024, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on July 23, has evoked mixed response from political parties, trade unions and trade bodies. ‘No clarity on funds’ CPI State secretariat member K. Lokanadham said that the Union budget had ‘once again deceived A.P.’ by failing to give clarity on the amount of funds allocated to …

Government cuts borrowing target to ₹14.01 lakh crore for 2024-25
5 months, 3 weeks ago

Government cuts borrowing target to ₹14.01 lakh crore for 2024-25

Hindustan Times  

The government has lowered its borrowings estimate for the current financial year to 14.01 lakh crore as there is an improvement in tax collection. Union Finance Minister Nirmala Sitharaman showcases a red pouch carrying the Budget documents, outside the Finance Ministry in North Block The government has to borrow by issuing dated securities to meet its fiscal deficit target. The …

Discover Related