Page 2 - Budget And Economy

Increased medical seats to help reduce students moving abroad: Experts

The government's announcement in the Union Budget to create 10,000 additional seats in medical colleges next year has been welcomed by education experts and stakeholders, saying the move will reduce the outflow of medical students to other countries. Infrastructure expansion at the five new IITs to accommodate 6,500 more students, 10,000 new medical seats and an allocation of Rs 500 crore to set up a Centre of Excellence in Artificial Intelligence for education, are among the big announcements for the education sector in the 2025-26 budget. Union Finance Minister Nirmala Sitharaman announced on Saturday that the government plans to add 75,000 seats in medical colleges in the next five years. The India Edtech Consortium (IEC) said increasing seats in medical colleges was urgently needed to meet the requirements of the healthcare sector as well as to reduce student outflow to other countries. Prateek Maheshwari, Co-Founder, PhysicsWallah (PW) and Chairman, Indian Edtech Consortium ..

Modi govt keeps prioritising island communities: Lakshadweep Yuva Morcha

Yuva Morcha strongly believes that this is the beginning of a brighter future for Lakshadweep, and we stand united in supporting the government's push for reforms that promise lasting benefits for us

YSRCP slams Andhra CM for failing to secure state's share in Union Budget

YSRCP's Karthik attributed the failure to a lack of effective political leadership in the state, particularly from the TDP-Jana Sena coalition government and the BJP at the Centre

Not only for Bihar but for India: Union Minister Manjhi defends Budget

'We are thankful that the Makhana Board has been formed, this is a very good budget as it provides benefits to all the sections of the society,' Manjhi added

Assam CM welcomes Union Budget 2025, hails tax relief for middle class

CM Sarma expressed gratitude for the income tax exemption for individuals earning up to Rs 12 lakh annually, calling it a 'huge relief'

Here's why after slashing taxes, India must now cut stifling red tape

Sitharaman has heeded the counsel of her advisers and announced a high-level committee for a review of all non-financial sector regulations, certifications, licenses, and permissions

Budget 2025: Charting a new growth path as demand rises, concerns remain

Consumers remain pessimistic regarding the current economic situation possibly due to increased prices of essential items

Budget at a glance: Here're the key numbers from Union Budget 2025

FM announced significant income tax cuts for the middle class and unveiled a blueprint for next generation

Budget: Railway capex stays flat; revenue receipts set to cross Rs 3 trn

Finance Minister Nirmala Sitharaman has kept the outlay provided for capital expenditure (capex) in the Railways at Rs 2.65 trillion, almost the same as the 2024-25 budget estimate

Budget updates: Diya Kumari terms Union Budget as 'game changer,' Gehlot criticises lack of relief

New tax regime updates: Under the new system, taxpayers will not have to pay any income tax on earnings up to Rs 12 lakh per annum

Budget 2025 to develop 50 tourist places, give Mudra loans to homestays

'Special focus' on destinations related to the life and teachings of Lord Buddha

Budget 2025: FM takes 'transformative reforms' route to boost growth

The domains include regulatory reforms, the power sector, urban development, mining, the financial sector, and taxation

Rahul Gandhi slams Union Budget 2025, calls it 'band-aid for bullet wounds'

The Bahujan Samaj Party chief Mayawati criticised the Budget calling it 'politically motivated'

Budget 2025 among the most balanced budgets; to bring bulls out of shackles

Budget 2025 Highlights: As expected, the union government has very little room for fiscal maneuvering and has tried to maintain a fine balance

India's tax relief might not spur growth or debt reduction: Moody's

Moody's Ratings has stated that the Indian government's decision to reduce the tax burden on middle-class consumers is unlikely to have a significant impact on economic growth

'Tax cuts to boost consumption', say top executives across sectors

The government's plan is estimated to help around 25-30 million personal tax payers save about 100,000 rupees annually, according to Kamal Bali, managing director of Volvo Group India

Transformative direct tax reforms in Budget 2025 for middle class empowerment

The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth

UDAN scheme to improve regional connectivity with 120 new destinations: FM

Finance Minister revealed plans to facilitate the construction of Greenfield airports in Bihar, aimed at addressing the state's future aviation needs

Union Budget 2025-26 is all about capex drive to consumption thrive

Budget 2025 Highlights: The biggest beneficiary sector for the budget would be consumptions sectors like Staples, QSRs, White goods and Discretionary like Hotels and tourism

Modi turns to India's middle class to revive growth in rough global year

The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000