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Commending Finance Minister Nirmala Sitharaman for her consistency and focus on growth in her interim Budget, a US-based India-centric business advocacy group has said that it represents a welcome statement of responsible fiscal management in an election year. The US-India Strategic and Partnership Forum (USISPF) also commend the government's continued focus on the trinity of infrastructure, inclusive growth, and fiscal prudence in line with growing US-India commercial ties. The interim Budget was presented on February 1 by Sitharaman. As an interim, pre-election budget with no major policy pronouncements, it represents a welcome statement of responsible fiscal management in an election year, the USISPF said in a statement. General elections are expected to be held in India between April and May. According to budget projections, the fiscal deficit for the upcoming financial year (2025) will narrow to 5.1 per cent and GDP growth will remain between 6-7 per cent GDP. On the expendi
New Delhi, 13 MarchThe Lok Sabha couldn't take up Finance Bill 2018-19, Appropriation Bills and demands for grants with protests forcing a washout of the proceedings for the seventh consecutive day.The government had listed the Finance Bill, Appropriation Bills and a vote on all the outstanding demands for grants in respect of the Budget 2018-19, called 'Guillotining' in parliamentary parlance, in the revised list of business of the Lok Sabha for Tuesday.Cut motions on demands for grants of the ministries of railways, agriculture and farmers' welfare and social justice and empowerment were also listed in the business agenda of the Lok Sabha, which could not be taken up.Several of the Opposition parties, including the Congress, met Speaker Sumitra Mahajan to protest what they called the government's "arrogance" in listing these Bills. They said this was the government's "unilateral move to bulldoze all the financial business without discussing them on the floor of the House."In their ..