Page 11 - Budget Session

Budget 2024: What is 'Blue Economy 2.0' announced to boost aquaculture

Budget 2024: Nirmala Sitharaman presented her sixth consecutive budget, an interim one, in the Parliament on Thursday

'Budget for future of Bharat', PM Modi congratulates countrymen: Top quotes

Budget 2024: Congratulating Sitharaman and her team, PM Modi said the interim Budget presented today, "guarantees to strengthen the foundation of Viksit Bharat in 2047"

India negotiating bilateral investment treaties with different nations: FM

India is negotiating bilateral investment treaties with different countries with a view to promote foreign inflows, Finance Minister Nirmala Sitharaman said on Thursday. She said that foreign direct investment (FDI) has doubled during 2014-23 to USD 596 billion compared to the inflow received during 2005-14. "For encouraging sustained foreign investment, we are negotiating bilateral investment treaties with our foreign partners, in the spirit of 'first develop India'," she said while presenting the interim Budget 2024-25. India is negotiating this treaty with countries such as the UK. These investment treaties help in promoting and protecting investments in each other's countries. These pacts are important as India has earlier lost two international arbitration cases against British telecom giant Vodafone and Cairn Energy plc of the UK over the retrospective levy of taxes. Foreign direct investment (FDI) equity inflows in India declined 24 per cent to USD 20.48 billion in ...

Budget 2024: What did FM Nirmala Sitharaman say on green mobility and EV

The Centre proposes mandatory blending of natural gas for transport, building a strong electric vehicle ecosystem and encouraging entrepreneurship among youth in the Interim budget 2024 speech

WATCH: Sitharaman infuses her Budget 2024 speech with PM Modi's quote

Speaking on the second day of the Budget session in the Parliament, Sitharaman began her sixth budget address, giving an extensive report card of the Narendra Modi government's decade-long tenure

Budget 2024: What did FM Nirmala Sitharaman say on domestic tourism

From interest-free loans to Lakshadweep and island connectivity, here is everything Finance Minister Nirmala Sitharaman said on tourism in the Interim Budget 2024

Budget 2024: FM announces Rs 1 trillion corpus for research in technology

'A corpus of Rs 1 trillion will be established with 50-year interest free loan provided,' announced Union Finance Minister Nirmala Sitharaman in her Budget speech on Thursday

Interim Budget: Housing scheme for 'deserving' middle class soon, says FM

FM Nirmala Sitharaman also said that India is close to achieving the target of 30 million houses under the rural housing scheme

Budget 2024: 'Governance, development, performance,' FM redefines GDP

Budget 2024: Emphasising the government's narrative of inclusive growth, Sitharaman said the next five years will have golden moments in the Indian economy

Expect our govt will be blessed again by people with resounding mandate: FM

Finance Minister Nirmala Sitharaman on Thursday expressed hope that the BJP-led government will be blessed again by the people with a resounding mandate in the forthcoming general elections. The elections to the Lok Sabha will be held in the next few months. "Based on stupendous work, we expect our government will be blessed again by the people with a resounding mandate," she said. She also said India overcame challenges of Covid-19, created foundations for self-reliant India. India was facing enormous challenges when the Modi government took office in 2014, and it overcame those in right earnest, Sitharaman said.

FM unveils interim budget, says economy going through profound change

Modi is leading the election race by a distance because of his personal popularity and the government is under little pressure to announce populist schemes, analysts say

Budget 2024: Sitharaman tables sixth budget, equals Morarji Desai's record

Budget 2024: This year's budget is an interim one, where the government only seeks advance grants to meet the country's expenditure till a new government takes charge after the Lok Sabha elections

Budget 2024: PM Modi-led Union Cabinet clears pre-election interim Budget

The Union Cabinet headed by Prime Minister Narendra Modi on Thursday approved the pre-election budget 2024-25, sources said. Following this, Finance Minister Nirmala Sitharaman will present her sixth budget in the Lok Sabha. She will equal the record of former Prime Minister Morarji Desai. Sitharaman, the first full-time woman finance minister of the country, has presented five full budgets since July 2019 and will present an interim or vote-on-account budget on Thursday. With this, she will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row. Desai, as finance minister, had presented five annual budgets and one interim budget between 1959 and 1964. The interim budget 2024-25 will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.

Budget 2024: What has been the trend for interim budgets in last 2 decades

Budget 2024: Nirmala Sitharaman, at an event in early December, had said that there wouldn't be any "spectacular" announcements in the February 1 interim Budget as the country is in election mode

Budget 2024: What to expect from Sitharaman's interim budget presentation

This year's Budget is an interim budget as it will only focus on the government expenditure until a new government takes charge

Budget 2024: What is this fiscal exercise all about? Everything answered

Budget 2024: The key fiscal exercise acts as the financial roadmap that shapes the country's economy. It paves the way for the design and implementation of different welfare schemes and policies

Cong to raise issues of unemployment, inflation, Manipur in Budget Session

The Congress on Wednesday asserted that it would raise the issues of inflation, unemployment and Manipur unrest during the Budget Session of Parliament. The party's strategy for the Budget Session was discussed in a meeting of the Congress parliamentary strategy group chaired by the party's parliamentary party chief Sonia Gandhi. Congress President Mallikarjun Kharge and other party leaders attended the meeting. After the meeting, Congress' deputy leader in Rajya Sabha Pramod Tiwari said, "In the presence of Congress leader Sonia Gandhi and party president Mallikarjun Kharge, a meeting was held." "The President of India's address (at the joint sitting of both the Houses ahead of the Budget Session) is usually about the steps that the government will undertake in future; there was no mention of inflation, unemployment, doubling farmer's income and the Manipur issue. We want these issues to be raised," the Congress leader said. Congress' chief whip in Lok Sabha K Suresh said there w

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Budget session: Bill to tackle exam malpractices likely on Monday

The government is likely to introduce a new bill in Parliament next week to deal sternly with malpractices and irregularities in competitive examinations, with provisions for a maximum jail term of 10 years and a fine up to Rs 1 crore. Sources said the Public Examination (Prevention of Unfair Means) Bill, 2024 may be introduced on Monday but a final call is yet to be taken. The bill was cleared by the Union cabinet recently. The sources said students will not be a target of the proposed law. It will act against organised gangs, mafia elements and those indulging in malpractices and will not even spare government officials found in collusion with them. The move comes against the backdrop of cancellation of a series of competitive tests such as the teacher recruitment exam in Rajasthan, Common Eligibility Test (CET) for Group-D posts in Haryana, recruitment exam for junior clerks in Gujarat and constable recruitment examination in Bihar following question paper leaks. The bill also .

Increase spending to 2.5% of GDP to improve quality of healthcare: Experts

Dr. Trehan also said that the schemes started by the Government of India, like Ayushman Bharat, are life saviours for people