Union Budget evokes mixed response from Andhra’s political leaders, industry bodies
5 months 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 the State. ‘’There is no announcement on funds for the Visakhapatnam Steel Plant, South Coast Railway Zone and Vizag Metro Rail project,’‘ Mr. Lokanadham said, adding that the Centre had been doing ‘injustice’ to A.P. Narasimha Rao thanked Prime Minister Narendra Modi for “special allocations to A.P.” in the Union Budget and said it was made possible due to the ‘double engine sarkar’. ‘Growth-oriented’ M. Rama Rao, chairman, Banking and Taxation Sub-Committee of AP Chambers, described the budget as ‘growth oriented’ as it covered employment generation, industrial development and skill development, besides increasing the limit of Mudra loans to ₹20 lakh and allocation of ₹2.66 lakh crore for rural development among other things.

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History of this topic

Kerala reiterates demand for ₹24,000-cr. special package in Union Budget
3 days, 2 hours ago

Kerala reiterates demand for ₹24,000-cr. special package in Union Budget

The Hindu  

Kerala has reiterated its demand for a ₹24,000-crore special economic package to tide over the “current liquidity stress,” a ₹2,000-crore rehabilitation package for landslides-hit Wayanad, and a special assistance of ₹5,000 crore for the Vizhinjam seaport project in the 2025-26 Union Budget. Several of the demands, including the ₹24,000-crore special package and the ₹5,000-crore aid for Vizhinjam port, had featured …

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout
2 weeks, 3 days 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 …

‘We got funds, plans, we’ll have world-class capital in next three years’
4 weeks ago

‘We got funds, plans, we’ll have world-class capital in next three years’

New Indian Express  

NRI-turned-politician Dr Pemmasani Chandrasekhar made it to the Union Cabinet after his successful political debut in the 2024 elections as the TDP MP from Guntur. A native of Guntur district, Dr Pemmasani is a doctor and entrepreneur who gained national attention by becoming the richest minister in the Union Cabinet. In an interview with Bandhavi Annam, Union Minister of State …

North Andhra projects ignored in budget: FDNA
1 month, 1 week 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 …

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget
1 month, 1 week 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 …

A.P. govt. presented a pro-people budget amid precarious financial conditions, says I&PR Minister
1 month, 1 week 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 …

Andhra Pradesh budget 2024: Rs 29,909 crore allocated to education sector, focus on rural development
1 month, 1 week 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
1 month, 1 week 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
1 month, 1 week 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
1 month, 2 weeks 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 …

Chennai Metro Rail Phase II: T.N. insists Union government for its share of ₹7,425 crore
3 months, 1 week ago

Chennai Metro Rail Phase II: T.N. insists Union government for its share of ₹7,425 crore

The Hindu  

Pointing out that the Public Investment Board had recommended the Chennai Metro Rail Phase - II project as a Central Sector Project, Tamil Nadu Finance Minister Thangam Thennarasu on Friday reiterated the State government’s request to the Union Finance Minister Nirmala Sitharaman to grant the Union government’s share of ₹7,425 crore towards the implementation of Chennai Metro Rail Phase - …

Budget 2024: The Neoliberal Lenses That Skew the Vision
4 months, 2 weeks ago

Budget 2024: The Neoliberal Lenses That Skew the Vision

The Hindu  

Published : Aug 04, 2024 16:08 IST - 6 MINS READ With the short-term, frenzied interest that accompanies annual Budget presentations having ended, it is time to look at issues that were largely ignored in the debate. In fact, around the time when Budget 2024-25 was presented, the G20 Finance Ministers’ meeting in Rio had agreed on jointly pursuing a …

Balanced growth, jobs: FM Defends 2024-25 Union Budget in Rajya Sabha
4 months, 3 weeks ago

Balanced growth, jobs: FM Defends 2024-25 Union Budget in Rajya Sabha

Deccan Chronicle  

New Delhi: Defending the Union Budget for the fiscal year 2024-25, Union finance minister Nirmala Sitharaman on Wednesday called it a fine balance between growth, employment, capital investment and fiscal consolidation, among others. While replying to the discussion on the Union Budget in the Rajya Sabha, Ms Sitharaman said that the Budget has taken into consideration all sectors of the …

Budget’s focus on boosting farm output to help Punjab: BJP leader
4 months, 3 weeks ago

Budget’s focus on boosting farm output to help Punjab: BJP leader

Hindustan Times  

Subhash Sharma, vice-president, BJP, Punjab, on Wednesday held a press conference in Phase 5, Mohali, highlighting key points of the Union Budget 2024-25, benefitting Punjab. Sharma said that the Union Budget’s focus on boosting agricultural productivity and resilience, simplifying FDI regulations, and supporting MSMEs will significantly benefit Punjab. Compared to the period of the UPA government, Punjab’s tax devolution from …

FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation
4 months, 3 weeks ago

FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation

The Hindu  

Replying to the debate on the Union Budget in Rajya Sabha on Wednesday where more than 80 elders participated, Union Finance Minister Nirmala Sitharaman said the transfer of resources to the States is going unhindered and the inferences that she mentioned just two States in the budget was a propaganda created by the INDIA bloc to mislead the people. Countering …

'2004-2005 Budget didn't take names of states…': Nirmala Sitharaman hits out at Oppn
4 months, 3 weeks ago

'2004-2005 Budget didn't take names of states…': Nirmala Sitharaman hits out at Oppn

Hindustan Times  

With several opposition members attacking the government, alleging discrimination between states in the Union Budget, Finance Minister Nirmala Sitharaman hit back over the allegations and said budgets presented during the Congress-led UPA government also did not name most of the states. Sitharaman said that SBI research report which was released in July 2024 said India created 12.5 crore jobs between …

Lok Sabha approves Union Budget 2024-25
4 months, 3 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
4 months, 3 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 …

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar
4 months, 3 weeks ago

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar

Deccan Chronicle  

Vijayawada: Central funds of around Rs.80,000 crore are coming to Andhra Pradesh in the form of various projects and more funds will be channelled to the state through central schemes. Addressing the media in Guntur on Sunday, Union minister of state for rural development, Pemmasani Chandrasekhar, said,”No one had expected that the Centre would give as high as Rs.15,000 crore …

What’s the Budget push for infrastructure?
4 months, 3 weeks ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Bhatti terms his Budget ‘People’s Budget’ aimed at fulfilling aspirations of all sections
4 months, 3 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 …

Union minister vague in countering Telangana CM’s charge of ignoring Telangana
4 months, 3 weeks ago

Union minister vague in countering Telangana CM’s charge of ignoring Telangana

Deccan Chronicle  

Hyderabad: After Chief Minister A. Revanth Reddy expressed disappointment over Telangana's exclusion from the Union Budget and boycotted the Niti Aayog meeting, the BJP assigned Union consumer affairs minister Pralhad Joshi to address the concerns with detailed facts and figures. When questioned about Telangana's omission in Union finance minister Nirmala Sitharaman's Budget speech, Joshi responded that not all states are …

Murugan Asserts Union Budget Will Ensure AP’s Development
4 months, 3 weeks ago

Murugan Asserts Union Budget Will Ensure AP’s Development

Deccan Chronicle  

Vijayawada: Union information and broadcasting minister L. Murugan declared that 2024-25 the central budget will give a major fillip to development in Andhra Pradesh in terms of constructing the Amaravati capital city and completion the Polavaram irrigation project, apart from several developmental works. The union minister pointed out that the central budget has given top most priority to sectors like …

Telangana govt presents ₹2.91 lakh-cr budget, agriculture gets lion’s share
4 months, 3 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 …

Union minister Kishan fires at Congress, says Budget betrayed the promises made
4 months, 3 weeks ago

Union minister Kishan fires at Congress, says Budget betrayed the promises made

New Indian Express  

HYDERABAD: Describing the state Budget as “just juggling of numbers”, Union Coal & Mines Minister and state BJP chief G Kishan Reddy on Thursday alleged that the Congress government betrayed all sections by not allocating funds for implementation of promises made during the Assembly elections. There is no mention of increasing pension amounts, paying unemployment allowance and providing Rs 2,500 …

Odisha's budget progressive, welfare-centric: Dharmendra Pradhan
4 months, 3 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 …

Contrasting Views on Telangana State Budget Allocation: Reactions on the Budget
4 months, 3 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, …

Letters to The Editor — July 26, 2024
4 months, 3 weeks ago

Letters to The Editor — July 26, 2024

The Hindu  

The Budget The Finance Minister may issue rebuttals, but the facts stare at your face. Bihar and Andhra Pradesh, coalition partners of the ruling BJP-led government have got the most allocations. While Bihar received almost ₹59,000 crore, Andhra Pradesh got ₹15,000 crore for developing its capital Amaravati. Kurien As a student in Madras Christian College in the 1970s, I remember …

​More for more: On the Union Budget and allocations
4 months, 3 weeks ago

​More for more: On the Union Budget and allocations

The Hindu  

Budgets of the Union or the States, as much as they are revenue and expenditure statements for the upcoming fiscal year, are also an exercise in political economy, and the recently tabled Union Budget for 2024-25 is no different. Aside from the “nine priorities”, beginning with provisions for the farm sector and attempts to boost employment, Union Finance Minister Nirmala …

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development
4 months, 4 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’s health Budget dips by ₹693 crore from last fiscal
4 months, 4 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
4 months, 4 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, …

Telangana Cabinet approves budget for 2024-25
4 months, 4 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 …

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News
4 months, 4 weeks ago

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday. The biggest relief for millions of new tax regime taxpayers comes in the form of an increase in the standard deduction. During her budget speech, Finance Minister Nirmala Sitharaman emphasized her primary goals of job creation, skill development, support for small industries, and relief for the middle class. Changes in …

Sudhanshu Trivedi Discusses Union Budget 2024, Supriya Shrinate Corners Him With Question
4 months, 4 weeks ago

Sudhanshu Trivedi Discusses Union Budget 2024, Supriya Shrinate Corners Him With Question

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday, addressing expectations following Narendra Modi's government securing a third consecutive term. The budget aimed to benefit all economic classes, providing significant relief for new tax regime taxpayers through increased standard deductions. Despite opposition criticism, Sitharaman highlighted significant aid: ₹1.5 lakh crore allocated to all states, three cancer drugs made cheaper, …

Budget 2024 debate: Opposition in Lok Sabha terms budget an insurance to shore up fragile coalition, BJP says it addresses all sections
4 months, 4 weeks ago

Budget 2024 debate: Opposition in Lok Sabha terms budget an insurance to shore up fragile coalition, BJP says it addresses all sections

The Hindu  

Battlelines appeared drawn in the Lok Sabha over the Union Budget, with the Opposition terming allocations to States where NDA allies governed as an “insurance” to shore up a fragile coalition under the BJP, and the Treasury benches asserting that the budget was one that addressed all sections and regions. Parliament Monsoon session, day 3 | updates Initiating the debate …

Budget 2024: Congress, CPI slam Centre for ignoring Puducherry
4 months, 4 weeks ago

Budget 2024: Congress, CPI slam Centre for ignoring Puducherry

The Hindu  

The Congress and the Communist Party of India have slammed the Centre for ignoring the development needs of Puducherry in the Union Budget. In separate statements, former Chief Minister V. Narayanasamy and CPI secretary A. M Saleem said the Union Budget was only meant to keep the allies of BJP happy. Despite BJP having a coalition government in Puducherry, the …

Union Budget 2024: INDIA Alliance to Protest Against Budget Today | ABP News
4 months, 4 weeks ago

Union Budget 2024: INDIA Alliance to Protest Against Budget Today | ABP News

ABP News  

Nirmala Sitharaman: On Tuesday, Finance Minister Nirmala Sitharaman presented the Union Budget. Key highlights include increased standard deductions and expanded benefits for new tax regime taxpayers, though some disappointment exists over higher short-term and long-term capital gains taxes and the removal of indexation benefits. The budget also targets job creation, skill development, and support for small businesses, with incentives for …

Parliament Session Highlights: Chidambaram in RS asks ‘Why no mention of TN’
4 months, 4 weeks ago

Parliament Session Highlights: Chidambaram in RS asks ‘Why no mention of TN’

Hindustan Times  

Parliament Session Highlights: Members of the INDIA bloc on Wednesday protested in Parliament over the "discrimination" against the opposition-ruled states in the Union Budget. Sitharaman became the first finance minister to present seven consecutive budget speeches, surpassing former prime minister Morarji Desai's record of six consecutive budgets as finance minister between 1959 and 1964. In her seventh record Budget, Nirmala …

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers
4 months, 4 weeks ago

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers

Hindustan Times  

Budget 2024: Finance minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 during the Monsoon Session of Parliament. Union finance minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha in New Delhi on July 23. Hike in standard deduction In the budget, finance minister Nirmala Sitharaman announced an increase in the standard deduction for salaried employees from …

Opinion: Budget money in the Andhra wallet gives Chandrababu Naidu political wings
4 months, 4 weeks ago

Opinion: Budget money in the Andhra wallet gives Chandrababu Naidu political wings

India Today  

Two days before the Union budget was presented in Parliament, a source with his ear to the ground predicted that Chandrababu Naidu would have his stamp on the budget. Andhra Pradesh's capital city, Amaravati which till June 4 was a ghost town, now would get special financial support of Rs 15,000 crore this year, to be facilitated by the Centre …

Naveen Patnaik on Union Budget: 'Feel disappointed at continued neglect of Odisha'
4 months, 4 weeks ago

Naveen Patnaik on Union Budget: 'Feel disappointed at continued neglect of Odisha'

India TV News  

Opposition Biju Janata Dal and Congress on Tuesday described the union budget for 2024-25 as “anti-Odisha” claiming that the Centre has ignored genuine concerns of the state. Speaking to an Odisha-based TV channel, former Chief Minister Naveen Patnaik said he felt 'disappointed at the continued neglect of the state'. He said, "I feel disappointed at the continued neglect of Odisha …

Budget 2024: Placing thrust on infrastructure
4 months, 4 weeks ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: Government keeps focus on critical areas
4 months, 4 weeks ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

The world is witnessing unprecedented disruptions and uncertainty. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job creation and skill development; and enhancing the purchasing power of both urban and rural Indian consumers. The announcements by the Finance Minister of schemes such …

Budget 2024: Growth, reforms and infrastructure
4 months, 4 weeks ago

Budget 2024: Growth, reforms and infrastructure

The Hindu  

The 2024 Budget signals policy continuity. Specifically, the Budget focuses on these key priorities - resilient agriculture, promoting skill development, driving employment and inclusivity, accelerating infrastructure development, energy security, fostering innovation and progressive reforms. Focus on infrastructure The government has earmarked an impressive capital expenditure of over ₹11 lakh crore, equivalent to 3.4% of the GDP, towards infrastructure development. By …

Union Budget 2024: A vision for inclusive growth and empowerment
4 months, 4 weeks ago

Union Budget 2024: A vision for inclusive growth and empowerment

The Hindu  

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. The Economic Survey tabled in the Parliament on July 22, 2024 points out that the rising youth and women participation in the workforce presents an opportunity to tap the demographic and gender …

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience
4 months, 4 weeks ago

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience

The Hindu  

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%. On the infrastructure front, the Budget …

Fadnavis Says Substantial Funds for Maharashtra in Union Budget, MVA Creating False Narrative
4 months, 4 weeks ago

Fadnavis Says Substantial Funds for Maharashtra in Union Budget, MVA Creating False Narrative

Deccan Chronicle  

Mumbai: Maharashtra deputy chief minister Devendra Fadnavis on Tuesday accused the opposition parties in Maharashtra of cheating a “negative narrative” about the Union budget. Mr. Fadnavis said that Maharashtra will receive substantial funds for the MUTP-3, which will strengthen the local railway network in Mumbai, as well as Mumbai Metro, Nagpur Metro, Pune Metro, MMR green urban transport and schemes …

Akhilesh, Maya criticise Budget; SP chief says ‘nothing for U.P’
4 months, 4 weeks ago

Akhilesh, Maya criticise Budget; SP chief says ‘nothing for U.P’

Hindustan Times  

LUCKNOW: Samajwadi Party national president Akhilesh Yadav criticised the BJP government for the Union Budget 2024, claiming it ignored development initiatives for Uttar Pradesh and was against the interests of the state’s youth and farmers. While reacting to the Budget in Delhi on Tuesday, he also posted a poetic criticism in Hindi on his X account, saying, “The 11th budget …

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go
4 months, 4 weeks ago

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go

Hindustan Times  

The Budget allocated to Chandigarh, in the Union Budget 2024-25, presented by finance minister Nirmala Sitharaman on Tuesday, remains the same as the interim budget of ₹6,513 crore. A senior officer of the finance department said, “Our budget remains the same but now we can spend money on the announced projects as the cap has been removed.” At ₹6,513 crore, …

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