Page 452 - Budget 2026 News
Partial write-off on education loans, 900,000 students to benefit
Government to pay interest outstanding up to December 31, 2013; scheme to cost about Rs 2,600 crore
 "Partial write-off on education loans, 900,000 students to benefit")
Aid for states up 184%; central ministries get 24% less
EXPENDITURE: Non-Plan spending rose by 0.4 per cent even while Plan expenditure declined
 "Aid for states up 184%; central ministries get 24% less")
Not enough for food, fertiliser, fuel
The expenditure on subsidies for food, fertiliser and fuel for 2014-15 is budgeted at Rs 2,46,397 crore, as against Rs 2,45,452 crore in the revised estimates
 "Not enough for food, fertiliser, fuel")
Plan cuts keep fiscal deficit at 4.6%
FISCAL DEFICIT: FM keeps his word to limit fiscal deficit to under 4.8% of GDP by cutting Plan spend
 "Plan cuts keep fiscal deficit at 4.6%")
Excise duty cut on capital goods not enough to boost demand
Excise duty reduced by two percentage points to 10 per cent to stimulate growth
 "Excise duty cut on capital goods not enough to boost demand")
Automobile sector hopes to ride on excise cuts
The cut in excise duties would effectively translate into average price reductions of Rs 1,500-80,000 depending on the vehicle category
 "Automobile sector hopes to ride on excise cuts")
Ajai Shukla: Defence budgeting based on delusion
The most worrying aspect of defence budgeting is that the military's long-term equipment planning is based on fundamentally flawed fiscal assumptions
It's a pedestrian document: Piyush Goel
The interim budget numbers clearly show a postponement of current commitments on subsidies and tax refunds
 "It's a pedestrian document: Piyush Goel")
Populist steps won't serve purpose: Baijayant 'Jay' Panda
Direct benefit transfer linked to Aadhar was put on hold in case of LPG subsidy
 "Populist steps won't serve purpose: Baijayant 'Jay' Panda")
Fixed income looks attractive: S Naren
The discipline in keeping the fiscal deficit under check and staying away from populist measures is commendable
 "Fixed income looks attractive: S Naren")
D-Street unimpressed with interim Budget
Automobile stocks rise after govt announces tax stimulus
 "D-Street unimpressed with interim Budget")
One rank, one pension gets nod
Defence gets Rs 224,000 crore; Rs 89,588 crore has been set aside for acquisitions
 "One rank, one pension gets nod")
Manufacturing gets a delayed boost: Rajeev Talwar
The FM has rolled over fuel subsidies to the next year to keep fiscal deficit under check
 "Manufacturing gets a delayed boost: Rajeev Talwar")
Fiscal deficit below 'red line' but RBI might not budge
Chidambaram rules out any contradiction with central bank
 "Fiscal deficit below 'red line' but RBI might not budge")
India-made phones to be cheaper
Nokia and Samsung, which manufacture handsets in India, will have the option of paying a lower excise duty at just one per cent
 "India-made phones to be cheaper")
Industry expects "good enough" budget, gets it
With general elections on the anvil, Indian industry didn't expect much from this budget
 "Industry expects \"good enough\" budget, gets it")
All FMs must be ambitious at the start of the year: P Chidambaram
Interview with finance minister
 "All FMs must be ambitious at the start of the year: P Chidambaram")
 "P Chidambaram bets on demand")
Govt-owned insurers opened 3,101 offices in rural and semi-urban areas: FM
Companies such as the New India Assurance are looking to have 1,000 micro offices by the end of this year
 "Govt-owned insurers opened 3,101 offices in rural and semi-urban areas: FM")