Page 140 - Nirmala Sitharaman

Budget 2022 to promote modern infrastructure in country, says Nitin Gadkari

Union Minister Nitin Gadkari on Tuesday hailed the Union Budget presented in the Parliament on Tuesday and said that this budget will promote modern infrastructure in the country."The budget presented by the Finance Minister Mrs @nsitharaman under the guidance of @narendramodi is a budget to promote modern infrastructure in the country, which will lay the foundation for a new India and improve the lives of 130 crore Indians. #AtmaNirbharBharatKaBudget," tweeted the Union Minister.Union Minister for Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget in Parliament today.In her address, she said that India's economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies. "The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country's strong resilience," she said."PM Gati Shakti Master Plan for Expressways to be formulated in 2022-23, to facilitate faster ...

Union Budget disappointing, nothing in it for common people: Kejriwal

AAP national convenor noted that people had 'high expectations' from the Union Budget during the corona period but there is nothing in it either for the common people or to reduce price rice

Budget 2022: Ken-Betwa river link to be completed with Rs 44,605 crore

The implementation of Ken-Betwa rivers linking at an estimated cost of Rs 44,605 crore will be taken up, Finance Minister Nirmala Sitharaman said on Tuesday.

Budget 2022 inks blueprint for India for next 25 years: Goa CM Sawant

The budget presented by Union Finance Minister Nirmala Sitharaman will lay a blueprint for India for the next 25 years, Goa Chief Minister Pramod Sawant said on Tuesday.

Budget: Govt to infuse Rs 44,720 cr into BSNL in FY23; Rs 3,300 cr for VRS

"The provision is made for capital infusion for 4G spectrum, technology up-gradation and restructuring in BSNL," the explanatory note in the document said

Supportive regulations to promote R&D will guide govt's approach: FM

Supportive policies and light-touch regulations to build domestic capacities and promote research & development will guide the government's approach, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget 2022-23, Sitharaman said government contribution will be provided for R&D in "sunrise opportunities". "Artificial Intelligence (AI), Geospatial Systems and Drones, semiconductor and its ecosystem, Space Economy, genomics and pharmaceuticals, green energy, and clean mobility systems have immense potential to assist sustainable development at scale and modernise the country," she said. These areas provide employment opportunities for youth and make Indian industry more efficient and competitive, the minister added. "Supportive policies, light-touch regulations, facilitative actions to build domestic capacities, and promotion of R&D will guide the government's approach," Sitharaman said. She added that for R&D in these sunrise opportunities - in

Visionary Budget, outlines govt's focus on making India self-reliant: BJP

Top BJP leaders on Tuesday said it outlines the Narendra Modi government's focus on a self-reliant India and is growth-oriented, with focus on harnessing the energies of New India.

Budget 2022: FM unveils plan to fire economic engines to sustain recovery

Sitharaman said her budget proposals will directly benefit the country's youth, women, farmers, as well as public and private investment

Budget 2022: Modi govt's final Rs 52,000-crore goodbye to Air India

FM Nirmala Sitharaman announced the allocation of this amount towards clearing the airline's dues to various banks

Budget 2022: PM e-Vidya programme to be expanded to 200 TV channels

Finance Minister Nirmala Sitharaman announced on Tuesday that the government will expand the PM e-Vidya programme of 'One Class, One TV programme' from 12 to 200 TV channels

Scope for single-window portal for green nod to projects to expand: FM

The government on Tuesday said single- window portal PARIVESH, launched for giving green nod to projects, has been significantly instrumental in reducing the time required for approvals

Budget 2022: Govt plans paradigm change in urban planning; to set up panel

Finance Minister Nirmala Sitharaman on Tuesday said the government plans to bring a "paradigm change" in urban planning in view of the rapid urbanisation in the country

Budget 2022: Tax deduction limit of state govt employees increased to 14%

Union Finance Minister Nirmala Sitharaman said that this would help in enhancing the social security benefits of the state government employees

FM's Budget speech shortest since 2019, lasts for 1 hours 31 minutes

With Nirmala Sitharaman's budget presentation lasting for about one hour 31 minutes on Tuesday, the Finance Minister's budget speech this year became the shortest ever since 2019.

Aspirational Districts Programme translated into reality in short time: FM

Nirmala Sitharaman on Tuesday said 95% of Aspirational Districts have made significant progress in key sectors such as health, nutrition, financial inclusion and basic infrastructure

Budget lacks major steps to enhance revenue to off-set spending: Moody's

Deficit target of 6.4% poses uncertainty due to pandemic risks

Budget 2022: Centre to borrow Rs 11.6 trn in FY23 to meet expenditure needs

This is nearly Rs 2 trillion higher than the current year's Budget estimate of Rs 9.7 trillion

Budget 2022: The unmistakable Gadkari mark in first part of FM's speech

Over-arching emphasis on ramping up transportation infra--christened PM Gati Shakti--is as much a brainchild of Gadkari than it is of PM Modi who launched it last October

Budget 2022: 68% capex for Defence set aside for domestic procurement

The minister said that defence research and development will be opened up for the industry, startups and academia with 25% of defence research and development budget earmarked

Budget 2022: For every rupee in govt coffer, 58 paise to come from taxes

The government is also looking to earn 7 paise for every rupee from Union excise duty and 5 paise from customs duty