Higher capital expenditure will keep economic revival going, says Finance Minister Nirmala Sitharaman
3 years, 1 month ago

Higher capital expenditure will keep economic revival going, says Finance Minister Nirmala Sitharaman

Firstpost  

The central government in the Union Budget on Tuesday announced a sharp increase of 35.4 per cent in the capital expenditure to Rs 7.50 Iakh crore in the financial year 2022-2023, around 2.9 per cent of the GDP Union finance minister Nirmala Sitharaman is hopeful that the higher allocation of capital expenditure in Budget 2022 will help maintain the momentum in reviving the economy. Read full transcript of Sitharaman’s interview here This after the finance minister in her budget speech Tuesday announced that the RBI would launch the digital rupee using blockchain and other technologies in 2022-23. Explaining the motive behind bringing India’s own virtual currency, the finance minister told News18 that the government is planning to draw a distinction between privately generated crypto assets and digital currency. That is why we have gone to Parliament to say we have put the proposal to say the central bank would issue a digital currency,” the finance minister said.

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History of this topic

AI, capital, startups & reforms will drive India’s growth to $8 trillion: Infosys’ Nandan Nilekani
1 week, 5 days ago

AI, capital, startups & reforms will drive India’s growth to $8 trillion: Infosys’ Nandan Nilekani

Live Mint  

India’s path to an $8 trillion economy by 2035 will be unlocked by artificial intelligence, digital innovation, and deep economic reforms, says Infosys co-founder Nandan Nilekani. At Arkam Ventures' Annual Meet on 12 March 2025, Nilekani laid out "four great unlocks"—technology, capital, entrepreneurship, and formalization—that he believes can propel India's growth beyond current projections. “One of the goals of open …

Economy on speedy rebound, India to remain fastest growing nation: Sitharaman
1 month, 1 week ago

Economy on speedy rebound, India to remain fastest growing nation: Sitharaman

The Hindu  

India’s economy is in the midst of “a speedy rebound” after a brief moderation in the second quarter of this year, Finance Minister Nirmala Sitharaman said on Tuesday, asserting that the Union Budget 2025-26 has sought to address the immediate challenges facing the national economy amid “immense” global uncertainties. ‘Strong economic foundations’ Stressing that India’s economy grew by an average …

I will think about India: Nirmala Sitharaman as Trump 2.0 goes big on crypto
1 month, 3 weeks ago

I will think about India: Nirmala Sitharaman as Trump 2.0 goes big on crypto

India Today  

Finance Minister Nirmala Sitharaman on Tuesday clarified that the government is not against distributed ledger technology. At the Budget Round Table 2025 event organised by India Today and Business Today, Sitharaman did not clearly mention any policy related to cryptocurrencies or VDAs. When mentioned that 97% of the country’s crypto trading has shifted offshore, which has led to a loss …

India's Crypto Policy Delayed Further? Report Suggests Re-Evaluation Of Stances By Multiple Jurisdictions
1 month, 3 weeks ago

India's Crypto Policy Delayed Further? Report Suggests Re-Evaluation Of Stances By Multiple Jurisdictions

ABP News  

India is re-evaluating its position on cryptocurrencies following recent international developments, including regulatory changes in major economies, according to a senior Government official, reported Reuters. The decision comes as multiple jurisdictions have softened their stance on digital assets, prompting India to revisit its delayed discussion paper on crypto policy, which was initially expected to be released in September 2024. Crypto …

Government is reportedly thinking about changing its stance on cryptocurrency
1 month, 3 weeks ago

Government is reportedly thinking about changing its stance on cryptocurrency

India Today  

India has a rigid cryptocurrency environment, and its stance on the digital currency has been anything but consistent. In December 2023, the Financial Intelligence Unit in India issued show-cause notices to 9 offshore crypto exchanges, including Binance and Kucoin, for non-compliance with local regulations. In 2023, former RBI Governor Shaktikanta Das also represented a critical stand against cryptocurrency in India. …

Finance minister Nirmala Sitharaman pledges reform blueprint to propel India towards developed economy
1 month, 3 weeks ago

Finance minister Nirmala Sitharaman pledges reform blueprint to propel India towards developed economy

Live Mint  

New Delhi: The Union government plans to undertake transformative reforms in six key domains to spur economic growth and accelerate the country’s journey to becoming a developed economy, finance minister Nirmala Sitharaman said announcing the Budget for 2025-26. “For this journey of development, our four powerful engines are agriculture, micro, small and medium enterprises, investments and exports…,” the minister said, …

India’s advanced digital public infrastructure in focus at Panjab University lecture
1 month, 3 weeks ago

India’s advanced digital public infrastructure in focus at Panjab University lecture

Hindustan Times  

Management consultant and chairperson of the central capacity building commission, Adil Zainulbhai, said India has the best digital infrastructure in the world in many areas, designed by young Indians, many of whom were students. He was delivering a colloquium lecture in Panjab University on Thursday on n the topic “Digital Public Infrastructure and How It Changes India.” Adil Zainulbhai, chairperson …

Digital economy to constitute fifth of Indian GDP by 2030: ICRIER report
2 months ago

Digital economy to constitute fifth of Indian GDP by 2030: ICRIER report

The Hindu  

India’s digital economy will grow twice as fast as the rest of the economy, and constitute 13.42% of national income by the end of 2024–25, as against 11.74% in 2022–23, according to a report prepared by the Indian Council for Research on International Economic Relations based on a study by the Ministry of Electronics and Information Technology. To quantify the …

Finance ministry charts path to $5 trillion by FY29
2 months, 2 weeks ago

Finance ministry charts path to $5 trillion by FY29

Hindustan Times  

Unleashing the productive potential of micro, small and medium enterprises; streamlining regulatory obligations; ensuring land availability at reasonable price; and securing energy needs -- these are some of the measures that will “guarantee” further acceleration of India’s economic growth, according to a note prepared by the Union finance ministry. Last month, the parliamentary standing committee on finance led by senior …

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year
2 months, 3 weeks ago

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year

Deccan Chronicle  

New Delhi: India's economy is likely to grow by 6.5 per cent in the current and the next financial year, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. The economy continued to be negative even in October 2024 at 8.4 per cent, implying that in the first seven …

Economy rebounds in Q3 with boost from festivals and rural demand: RBI
3 months ago

Economy rebounds in Q3 with boost from festivals and rural demand: RBI

India Today  

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India bulletin released on Tuesday. "High frequency indicators for the third quarter of 2024-25 indicate that the Indian economy is recovering from the slowdown in momentum witnessed …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
3 months, 1 week ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
3 months, 1 week ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

Will India's economic growth pick up pace? Nirmala Sitharaman answers
3 months, 1 week ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, …

India’s GDP growth shocker: Bad news can be good too
3 months, 3 weeks ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
3 months, 3 weeks ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

Will Bitcoin's revival boost India's appetite for cryptos despite high taxes?
4 months, 1 week ago

Will Bitcoin's revival boost India's appetite for cryptos despite high taxes?

India Today  

Bitcoin has taken the financial world by storm once again, this time surging to a record-breaking $90,000 following Donald Trump's unexpected victory in the US presidential election. TRUMP'S IMPACT ON THE CRYPTO SURGE The crypto market has been riding a wave of optimism following Donald Trump's election as US president, with hopes that his administration will adopt a crypto-friendly stance. …

Digital Infrastructure: The Secret Weapon for India's Economic Ascent
5 months ago

Digital Infrastructure: The Secret Weapon for India's Economic Ascent

The Hindu  

Finance Minister Nirmala Sitharaman emphasizes the crucial role of digital infrastructure in propelling India's economic growth. She highlights the widespread adoption of digital infrastructure by the Indian people, which has facilitated access to essential services and empowered millions to benefit from various opportunities. The Minister emphasizes the transformative impact of the Digital Public Infrastructure (DPI), which has democratized access to …

Digital economy poised to be 20% of GDP by 2026: RBI report
7 months, 3 weeks ago

Digital economy poised to be 20% of GDP by 2026: RBI report

New Indian Express  

MUMBAI: The sweeping digitisation of the financial markets and payments system will drive the country’s digital economy, which currently accounts for a tenth of the GDP, and constitute a fifth or 20 percent of the GDP by 2026 says a report prepared by the Reserve Bank. Although internet penetration was at 55 percent in 2023, the internet user base has …

Economic Survey 2023-24: ‘Focus on macro stability ensured minimal impact from external challenges’
8 months ago

Economic Survey 2023-24: ‘Focus on macro stability ensured minimal impact from external challenges’

The Hindu  

As per the latest Economic Survey tabled in Parliament on July 22, India’s focus on maintaining macroeconomic stability ensured external challenges had “minimal impact” on the economy. Read the full Economic Survey 2023-24 The survey goes on to state that growth prospects for the ongoing financial year “look good”, subject to geopolitical, financial market and climate risks. The outlook had …

Reduce Big Currency Notes, Encourage Digital Payments, CM Tells Bankers
8 months, 2 weeks ago

Reduce Big Currency Notes, Encourage Digital Payments, CM Tells Bankers

Deccan Chronicle  

Vijayawada: Chief Minister Nara Chandrababu Naidu has called upon bankers to cooperate with the beneficiaries of subsidised loans, welfare schemes and developmental initiatives. Naidu advised bankers to reduce the dependence on, or circulation of, big currency notes of Rs 500 and Rs 200, and promote digital transactions. A loan plan with Rs 5,40,000 crore was released, showing allocations of Rs …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
9 months ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

GDP growth impresses, but rural demand remains a worry
9 months, 3 weeks ago

GDP growth impresses, but rural demand remains a worry

New Indian Express  

India’s economic growth seems to be going gangbusters. Ending nearly a decade-long wait, real GDP growth crossed the 8 percent mark, touching 8.2 percent in 2023-24. Provisional data released by the National Statistics Office also showed that the gross value added—net of subsidies and taxes, and hence considered a better measure of economic activity—grew by 7.2 percent. Agriculture and allied …

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent
9 months, 3 weeks ago

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent

India TV News  

India's Gross Domestic Product demonstrated robust growth in the January–March 2024 quarter, exceeding analysts' expectations, as per the latest official data released on Friday, May 31. For the full financial year 2023–24, India's GDP growth rate stood at an impressive 8.2 percent, up from 7 percent in FY23, according to an official statement. Analysts had anticipated slower GDP growth for …

Indian economy to grow at 7.5 per cent in 2024, projects World Bank
11 months, 3 weeks ago

Indian economy to grow at 7.5 per cent in 2024, projects World Bank

India TV News  

The Indian economy will grow at 7.5 per cent in 2024, according to latest estimates by the World Bank. It raised India's economic growth forecast by 1.2 per cent to 7.5 per cent for 2023-24, on the back of robust activity in services and industry in its latest update for South Asia. The increase in the projected growth rate for …

On-target growth: 8% plus in 2023-24?
11 months, 3 weeks ago

On-target growth: 8% plus in 2023-24?

Live Mint  

Finance minister Nirmala Sitharaman has hinted that India’s economy will see gross domestic product expand 8% or more in the three months ended 31 March. “Hopefully, the fourth quarter… will also have 8% or above 8%, resulting in 2023-24 having an average growth in GDP of 8% or over 8%," she said at a Mint summit on Saturday. Further, for …

Finance Minister Says India Maintained 8% Growth Rate For 3 Quarters Straight
11 months, 3 weeks ago

Finance Minister Says India Maintained 8% Growth Rate For 3 Quarters Straight

ABP News  

Union Finance Minister Nirmala Sitharaman voiced her optimism regarding India's economic growth momentum while speaking at a parliamentary election convention hosted by Thiruvananthapuram BJP candidate Rajeev Chandrasekhar on Thursday. Sitharaman emphasised the nation's strong economic performance, pointing out three consecutive quarters with growth rates surpassing 8 per cent. Recognising the necessity for concerted efforts to ensure continuous growth, Sitharaman called …

Real GDP growth may hit 8% this fiscal year, signals FinMin
1 year ago

Real GDP growth may hit 8% this fiscal year, signals FinMin

The Hindu  

India’s economy may well end up growing by about 8% this fiscal, outstripping the 7.6% real GDP growth projected by the National Statistical Office, the Finance Ministry signalled on Friday, citing the continuing momentum in economic activity in the ongoing final quarter of 2023-24. Despite risks such as “hardening crude oil prices” and “global supply chain bottlenecks to trade”, the …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
1 year ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

UPI, Aadhaar usage expected to grow in India's economy to USD 8 trillion by 2030
1 year, 1 month ago

UPI, Aadhaar usage expected to grow in India's economy to USD 8 trillion by 2030

India TV News  

UPI, Aadhaar usage expected to grow in India's economy to USD 8 trillion by 2030 Ecologically, DPI adoption has led to significant paper savings and carbon emissions reduction. Digital Public Infrastructure like Aadhaar and Unified Payments Interface are poised to propel India towards a USD 8 trillion economy by 2030, which will help the nation to achieve a USD 1 …

Spence lauds India’s growth at varsity event
1 year, 1 month ago

Spence lauds India’s growth at varsity event

Hindustan Times  

India has developed the best digital economy and financial architecture in the world, said Nobel laureate Michael Spence during a panel discussion at Bennett University. Michael Spence “As somebody who has spent the last 25 years thinking about growth in one form or another in virtually every corner of the world, let me just say that the major economy with …

RBI pegs FY'25 GDP growth at 7% on improved consumption demand, private capex spends
1 year, 1 month ago

RBI pegs FY'25 GDP growth at 7% on improved consumption demand, private capex spends

The Hindu  

The Reserve Bank of India on February 8 projected GDP growth for the next financial year at 7% on the back of improved household consumption and upturn in private capex cycle. In its Monetary Policy Statement, 2023-24, RBI Governor Shaktikanta Das said the recovery in rabi sowing, sustained profitability in manufacturing and underlying resilience of services should support economic activity …

Budget Highlights 2024: Govt to lay white paper on economic performance
1 year, 1 month ago

Budget Highlights 2024: Govt to lay white paper on economic performance

Hindustan Times  

Feb 1, 2024 7:33 PM IST Ashish Singhal, Co-founder and Group CEO, PeepalCo says, "Crypto is experiencing a resurgence this year. On a positive note, the Government of India now has the chance to introduce comprehensive crypto regulations and improved tax policies in the upcoming full Budget, with the full support of the electorate. We continue to urge: i) Allow …

Expect Indian economy to grow 7 per cent in FY25: RBI Governor Shaktikanta Das
1 year, 2 months ago

Expect Indian economy to grow 7 per cent in FY25: RBI Governor Shaktikanta Das

India TV News  

Amid a challenging global macroeconomic environment, India presents a picture of growth and stability, and the economy is expected to grow 7 per cent in fiscal 2024-25, said RBI Governor Shaktikanta Das, addressing an event at the World Economic Forum Meeting 2024 in Davos, Switzerland. We expect the Indian economy to grow 7 per cent in fiscal 2024-25," said Das. …

Digital economy to contribute 20% of India’s GDP by 2026: Union Minister Rajeev Chandrasekhar
1 year, 3 months ago

Digital economy to contribute 20% of India’s GDP by 2026: Union Minister Rajeev Chandrasekhar

India TV News  

Gandhinagar: Union minister Rajeev Chandrasekhar on Thursday said that the digital economy will contribute 20 per cent of India's gross domestic product by 2026. Rajeev Chandrasekhar on digital economy "In 2014, the digital economy was around 4.5 per cent of the GDP and today it is 11 per cent. India has now become fastest-growing digital economy The Union Minister asserted …

Crypto India Tax PMLA State Future Regulation RBI CBDC Digital Rupee ABP Live TV
1 year, 6 months ago

Crypto India Tax PMLA State Future Regulation RBI CBDC Digital Rupee ABP Live TV

ABP News  

Crypto is often called the "Internet of Value" and for good reason. Here’s Why Crypto Could Prove Important To India Remittances: A Game Changer India holds the global top spot for remittance receipts, raking in approximately $80 billion annually. Crypto and decentralised technologies are not merely optional but vital to safeguarding India's national sovereignty. Enterprise Adoption A consortium of 15 …

GDP growth to be higher than RBI's estimate of 8% for June quarter, say Economists
1 year, 7 months ago

GDP growth to be higher than RBI's estimate of 8% for June quarter, say Economists

The Hindu  

The country's real GDP growth in the first quarter will be better than the Reserve Bank's estimate of 8%, economists said on August 22 Economists at the country's largest lender SBI pegged the growth at 8.3% while domestic rating agency Icra estimated it to come even higher at 8.5% The Reserve Bank of India, which expects the GDP to grow …

Rs 14,900-cr Push to Digital India Project
1 year, 7 months ago

Rs 14,900-cr Push to Digital India Project

Deccan Chronicle  

New Delhi: The government has approved an extension of the Digital India project, valued at over Rs 14,900 crore, spanning five years from 2021-2022 onwards. This development arrives amidst a context where the Digital India Programme faced a reduction in the budget estimate for the ongoing fiscal year in comparison to the revised estimate of the previous year. Whereas the …

Focusing on roadmap to make India a $5 trillion economy: Govt
1 year, 7 months ago

Focusing on roadmap to make India a $5 trillion economy: Govt

Live Mint  

New Delhi: The government’s roadmap to makinge India a $5 trillion economy comprises measures like focussing on inclusive growth, promoting digital economy, fintech, technology-enabled development, energy transition and climate action, and relying on a virtuous cycle of investment and growth, minister of state for fnance Pankaj Chaudhary said on Tuesday. Responding to an unstarred question in the Rajya Sabha, Chaudhary …

Government to hire agency to estimate size of digital economy
1 year, 8 months ago

Government to hire agency to estimate size of digital economy

Deccan Chronicle  

New Delhi: The government is planning to hire an agency to measure the actual size of the digital economy which is estimated to be around USD 1 trillion by 2025, according to an official document. "The RFP aims to invite proposal in the area of estimation and measurement of India's digital economy including formulation of measurement framework, capturing data and …

How Much is India’s ‘Digital Economy’ Worth? In a First, Modi Govt to Measure in Next 9 Months
1 year, 8 months ago

How Much is India’s ‘Digital Economy’ Worth? In a First, Modi Govt to Measure in Next 9 Months

News 18  

The Narendra Modi-led central government, for the first time, will measure the size of India’s ‘digital economy’. The government has put prime focus on ‘digitalisation’ but the measurement of the ‘digital economy’ has not been institutionalised in India. According to senior officials, an exercise will be conducted over the next nine months involving “estimation and measurement of India’s digital economy”, …

Growth in India is expected to slow to 6.3% in FY2023: World Bank
1 year, 9 months ago

Growth in India is expected to slow to 6.3% in FY2023: World Bank

The Hindu  

Growth in India is expected to slow to 6.3 % in FY 2023/24, a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected resilience in private consumption and investment and robust growth in the services. “Growth in India is expected to slow further to 6.3 % in FY 2023/24, a 0.3 …

India expected to become 50% non-cash economy in consumption by 2026
1 year, 10 months ago

India expected to become 50% non-cash economy in consumption by 2026

Firstpost  

India is expected to become a 50 per cent non-cash economy in consumption in the next three years. According to a new report, the person-to-merchat digital transactions could reach over $1.5 trillion by the Financial Year 2026. Saurabh Trehan, Partner and Leader of the Financial Services practice, Bain & Company, said, “With the current technical and financial momentum, India is …

India growth slows to 4.4% in December quarter on weak demand
2 years ago

India growth slows to 4.4% in December quarter on weak demand

Firstpost  

Mumbai: India’s quarterly economic growth slowed to 4.4 percent in the last three months of 2022, official estimates showed Tuesday, as weaker global demand and high inflation weigh on the world’s fifth-largest economy. Quarterly data showed GDP growth down from 6.3 percent in the September quarter after consumption weakened following India’s festive season. But the National Statistics Office’s full-year forecast …

India must avoid growing into a dystopia
2 years, 1 month ago

India must avoid growing into a dystopia

The Hindu  

The Budget that was presented recently, has received almost universal praise in the English language media. Next, as 2022 drew to a close, the London-based consultancy Centre for Economics and Business Research predicted that by 2035, India’s economy would reach $10 trillion and become the world’s third largest by 2037. A few days ago, a leading Indian financial daily calculated …

'Net' Gains: Digital Transactions in India in 2022-23 Break All Records
2 years, 1 month ago

'Net' Gains: Digital Transactions in India in 2022-23 Break All Records

News 18  

The number of digital transactions in India in this financial year is at a historic high, zooming past the last fiscal’s figure with still three months to go. The latest government data reveals that 9,192 crore digital transactions have been done in the country in this financial year till December 31, 2022. The total value of digital transactions in India …

RBI projects economic growth at 6.4% for next fiscal
2 years, 1 month ago

RBI projects economic growth at 6.4% for next fiscal

Firstpost  

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the RBI’s internal survey says manufacturing, services and infrastructure sector firms are optimistic of the business outlook New Delhi: The Reserve Bank of India has projected India’s economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal, citing risks from geo-political …

India to raise spending on job creation ahead of election
2 years, 1 month ago

India to raise spending on job creation ahead of election

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Prime Minister Narendra Modi’s government …

Education Budget 2023: National Digital Library To Be Established For Children And Adolescents For Facilitating Quality Books Across Subjects
2 years, 1 month ago

Education Budget 2023: National Digital Library To Be Established For Children And Adolescents For Facilitating Quality Books Across Subjects

ABP News  

Presenting the union Budget 2023, Finance Minister Nirmala Sitharaman said that a new National Digital Library will be established for children and adolescents for facilitating quality books across multiple subjects. States will be prompted to set up digital library and facilitate infrastructure for accessing National Digital Library of India Resources. The Economic Survey 2022-23 has forecast India’s GDP growth for …

Union budget 2023: FM Sitharaman lauds strides made in digital payments
2 years, 1 month ago

Union budget 2023: FM Sitharaman lauds strides made in digital payments

Hindustan Times  

The Indian economy has become more formalised as witnessed by a significant enhancement in digital payments, Union finance minister Nirmala Sitharaman on Wednesday said during her budgetary speech in the Parliament. She commended the enhancement in brought in digital payments over the years and noted that around 7,400 crore digital payments worth ₹126 lakh crore were made through UPI in …

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