Page 249 - Economy

Jobs & security: Gig workers to skilling, Union Budget's broad strokes

"The partnerships will cover curriculum design, training of trainers, a skills certification framework, and periodic reviews," Sitharaman said

Charting a new growth path: Budget projects non-tax streams poised to rise

Except in FY18 and FY19, receipts from disinvestment have remained well below the Budget targets

Budget 2025: Centre sets capex goal for FY26 at Rs 11.21 trillion

The government had set a Budget Estimate (BE) for capex at Rs 11.11 trillion for FY25, against which it is expected to miss the target by Rs 93,000 crore

Good steps forward: Nasscom hails Budget's focus on improving ease of biz

Nasscom President Rajesh Nambiar said the government's focus on innovation and improving ease of doing businesses reinforces its commitment of making India a global leader

FM announces Rs 25K cr Maritime Development Fund to boost shipping

Sitharaman announces shipbreaking credit note scheme, Maritime Development Fund

Budget neglects challenges facing Indian economy, say Left parties

The Left party pointed out that the budget papers reveal that in the last one year, the government actually spent approximately Rs 1 trillion less than what the budget had promised

FM Sitharaman announces National Geospatial Mission, allocates Rs 100 cr

The announcement of the mission was welcomed by the geospatial industry that said it would be crucial for building smarter cities, with data-driven insights

Govt to share selected data, maps from PM Gati Shakti with pvt sector: FM

By the use of this platform, the DPRs are getting ready in 2-3 months (including ground truthing). Earlier it used to take 6-8 months through simultaneous visualisation of all relevant details

Budget push for nuclear energy to cut traditional power dependence: Govt

In her budget speech, Union Finance Minister Nirmala Sitharaman made a slew of announcements on segments like taxes, infrastructure and nuclear energy, among others

Budget: Govt ups allocation for Ayush ministry by 14% to Rs 3,992.90 crore

The National Medicinal Plants Board has been allocated Rs 18.59 crore while the Pharmacopoeia Commission for Indian Medicine and Homoeopathy (PCIM&H) has been allocated Rs 21.96 cr.

Gross GST revenue rises 12.3% to about Rs 1.96 trn in January: Govt data

For the previous month, India's GST collections rose 7.3 per cent to Rs 1.77 trillion

Budget 2025 announcements 'bold', will boost consumption: Assocham

Assocham President Nayar said that pick up in consumption demand would, in turn, encourage investment as well in the medium term

Track and Trace Mechanism to aid in curbing illicit trade: Tobacco industry

The industry, on the basis of the current duty rates, estimates that the illicit trade results in an annual revenue loss of Rs 21,000 crore to the government

Budget 2025: TN CM Stalin says, 'state got ignored out of biasness'

The Union Budget for 2025-2026 was 'biased' in completely ignoring Tamil Nadu and betrayed the expectation of the people, Chief Minister M K Stalin said on Saturday.

Budget 2025: Govt to table new income tax bill next week, says FM

The Income Tax Act 1961, which deals with imposition of direct taxes -- personal I-T, corporate tax, securities transaction tax, besides gift and wealth tax, currently has about 298 sections

Budget 2025: FM calls for mining sector reforms, says govt to frame policy

Reacting to the budget, Vedanta Chairman Anil Agarwal said mining is one of the six domains identified for transformational reforms over the next five years

No immediate upgrade of India's sovereign rating: Moody's after Budget 2025

While India is making strides toward fiscal discipline and inflation control, Moody's maintains that for a rating upgrade, a substantial reduction in the debt burden is essential

Budget 2025: Govt ups allocation for electronics PLIs, semicon, AI by 84%

The allocation for semiconductor projects has been more than doubled to Rs 2,499.96 crore for 2025-26 from Rs 1,200 crore revised allocation for the current fiscal

Union Budget allocates Rs 1,024 cr for expenditure, salaries of ministers

The National Security Council Secretariat has been allocated Rs 182.75 crore, against Rs 270.08 crore allotted in 2024-25

Export Promotion Mission to help promote shipments, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said issues which could be part of the mission include ways to extend credit to the exporting community at affordable rates