Proposal will give 'some breather' business set up in GIFT city, she says
Our government stands committed to strengthening and expanding the economy with high growth, and to creating conditions for people to realise their aspirations, she said
While the IMF estimates the Indian economy to grow at 6.7 per cent in 2023-24, there is no other comparable economy that is growing as rapidly as India
The key change on the expenditure side is the focus on outcomes as well as saturation of beneficiaries
The Finance Minister clearly mentioned that the government will rely less on market borrowings and, thereby, facilitate more credit availability for the private sector from the banking system
Scheme of fifty-year interest free loan for capital expenditure to continue with total outlay of Rs 1.3 trillion
Proposals will lead to safety and higher travel speed for passengers, says Finance Minister
Union Budget 2024 LIVE updates: FM Sitharaman in her Interim Budget speech stated the Centre is working towards making India 'viksit' by 2047. Catch the latest updates here
When it comes to youth, skilling has been a major focus area. The Skill India Mission has trained 14 million youth, upskilled and reskilled 5.4 million youth, shared FM Sitharaman
We're not just aligning with fiscal consolidation path but bettering it: FM
The headline figure of Rs 11.1 trn is 11.1% higher than FY24, says Finance Minister
The Interim Budget had assumed nominal GDP growth of 10.5 per cent of GDP, but First Advance Estimates placed it at 8.9 per cent
The finance minister announced that long-term interest-free loans will be provided to states for financing the development of iconic tourist centres
The Opposition made only half-hearted efforts to interrupt the speech and did not appear to notice that in the Budget speech, the Prime Minister was quoted five times
India has emerged as one of the most preferred destinations for global investors
Overall, the government has presented a forward-looking Budget with enough assurances to trust it to lay down the roadmap through the full Budget and sticking to GDP
Finance Minister Nirmala Sitharaman announces fiscal measures aiming at sustainable growth and fiscal consolidation, drawing positive reactions from economists
Interim Budget: Revenue Secretary Sanjay Malhotra said that the removal of tax old tax disputes is likely to cost the Centre around Rs 3,500 crore
The underlying nominal GDP growth assumption of 10.5 per cent for the Budget and tax collection estimates are realistic
The Centre proposes opening of new medical colleges and upgrade Anganwadi centres in the Interim Budget 2024