Facilities of state-run ICMR labs will be made available for private sector research, says Finance Minister
This is almost 9x the outlay made in 2013-14, says FM; Railways to build 500 Vande Bharat trains, achieve 100% electrification and spearhead an ambitious station redevelopment plan
Budget 2023: The growth of the country at 7 per cent in FY23 will be the highest among all the major economies in the world
Easing of norms to set up and run enterprises will attract investments in a big way; however, the govt should also ensure that populist measures in the budget don't hamper economic growth
Finance Minister Nirmala Sitharaman presents Union Budget 2023. This is the last full Budget of this government before General Elections 2024
Budget 2023-24 would be in paperless form, as done in the last two years, and would be available on the 'Union Budget Mobile App' for hassle-free access by Members of Parliament (MPs) and the public
Budget 2023 India: Finance Minister Nirmala Sitharaman will present the annual financial statement in the Parliament of India at 11 AM today
Budget 2023: With the tablet carefully kept inside a red cover with a golden-coloured national emblem on, FM Nirmala Sitharaman went to the Parliament after meeting President Droupadi Murmu
Prime Minister Narendra Modi will chair a cabinet meeting at 10 am before the Budget is tabled in Parliament
In view of the upcoming budget, top business leaders of the country have also put forward their suggestions for Nirmala Sitharaman
Ahead of the presentation of Union Budget 2023-24 in the Parliament, Minister of State for Finance Pankaj Chaudhary said that the budget will incorporate the expectations of every section of society
Capital receipts are non-recurring and either create a liability for the govt or deplete its assets; revenue receipts are recurring and do not entail any risk for the govt
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 in Parliament today, the last full Budget of the Modi government in its second term
The Economic Survey 2023-24 is assuring and it affirms that we have completely regained lost ground, says Madan Sabnavis
Finance Minister Nirmala Sitharaman will have to do a tight-rope walk between staying fiscally prudent and general public expectations of lower taxes and a wider social security net, while at the same time firing the engines of the economy before general elections. Sitharaman will on Wednesday present her fifth straight budget at a time when the economy is slowing due to global headwinds and specific sectors need attention. In the run-up to the Budget presentation, expectations are rife that she may tweak income-tax slabs to provide relief to the middle class and increase spending on the poor through programmes such as the rural job scheme while ramping up financial incentives for local manufacturing. But all this she has to do while staying on the course of the fiscal consolidation path. To her aid are inflation falling below the target and buoyancy in tax collections. Healthcare, education and the rural economy may get a first call on such revenues as well as sectors that create
Issues that need to be addressed include expanding funding for renewable manufacturing, extending PLI to wind and green hydrogen, among others
Catch all the latest updates on Economic Survey for 2022-23 and Budget 2023-24 here
Nageswaran said that the Economic Survey provides a 'bird's-eye view of happenings in the economy
The Survey reviews the economic and financial trends in the nation over the past year and provides detailed data and analysis on all the major sectors of the economy
Sticky global inflation could keep rates higher for longer, hurting growth including in emerging markets like India