Articles for Budget Framework

House GOP advances budget framework after lengthy wrangling for votes
1 month ago

House GOP advances budget framework after lengthy wrangling for votes

Raw Story  

Despite some initial drama, House Republicans passed their budget framework on Tuesday following hours of dramatic vote-wrangling that came down to a handful of final holdouts. The GOP suffered a short-lived and unexpected blow on Tuesday as they were forced to withdraw a vote on the House budget resolution, which was meant simply to unlock debate on how to pass …

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Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote
1 month, 1 week ago

Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote

Associated Press  

▶ Follow live updates on President Donald Trump and his new administration. “What we’re doing today is jumpstarting a process that will allow the Republican Party to meet President Trump’s immigration agenda,” Senate Budget Committee chair Lindsey Graham, R-S.C., said while opening the debate. Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote AP correspondent Ed Donahue …

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Budget 2025: Govt adds 6,500 more IIT seats; announces e-Shram registration for gig workers; details here
1 month, 4 weeks ago

Budget 2025: Govt adds 6,500 more IIT seats; announces e-Shram registration for gig workers; details here

Live Mint  

Budget 2025: The Union Budget highlighted new and emerging technologies, with Finance Minister Nirmala Sitharaman announcing a national framework for Global Capability Centres, a ₹500-crore Centre of Excellence in AI for education, and plans to explore a deep tech ‘Fund of Funds’ to support next-gen startups, news agency PTI reported. Startups also have a reason to cheer as a new …

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India needs a new fiscal policy framework: Here’s why
2 months, 1 week ago

India needs a new fiscal policy framework: Here’s why

Live Mint  

The world came to a standstill five years ago. The fiscal deficit of the Union government shot up to 9.5% of gross domestic product, while public debt soared to 88% of GDP. Compare this with the aspirational goals of keeping the fiscal deficit of the Union government at 3% of GDP and the consolidated public debt of all levels of …

Policy Fiscal Policy Budget Debt Sitharaman Gdp Deficit
Budget 2019: Economists seek simpler GST, IBC-type framework for NBFCs
5 years, 9 months ago

Budget 2019: Economists seek simpler GST, IBC-type framework for NBFCs

India Today  

Insolvency and Bankruptcy Code -type framework for NBFC sector, further simplification of GST, implementation of direct tax code, initiating job-oriented growth measures and maintaining fiscal prudence were some of the key suggestions made by economists for the ensuing Budget to Finance Minister Nirmala Sitharaman on Friday. Among other major suggestions were removing bottlenecks in supply-chain, framing EXIM policy for agriculture, …

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