Tuesday, February 17, 2026 | 01:05 AM ISTहिंदी में पढें

Page 43 - Union Budget

Affordable housing, infra growth likely to be in focus of Budget: Assocham

Greater focus on green mobility, affordable housing, holistic infrastructure development and a big push to manufacturing, along with boosting consumption demand, are expected to find prominence in the forthcoming Union Budget, said an Assocham-Primus paper. Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday in Parliament. Highlighting that the first Budget of the Narendra Modi 3.0 government will also include a long-term blueprint for making India a developed nation by 2047, the paper listed areas that would require the government's greater attention and priorities for realising the national goals. "While the Budget would attend to the immediate requirements of boosting consumption, investment and augmenting the supply side of the economy, it is also expected to lay a roadmap for the bigger goal of scaling up national income to a level of developed nations," said Assocham President Sanjay Nayar. He further said the government has the fiscal space to spend

Updated On : 21 Jul 2024 | 5:24 PM IST

Clear Tamil Nadu-specific projects in Union Budget: Stalin urges Centre

Chief Minister M K Stalin on Sunday expressed hope that the Centre would fulfill the expectations of the people of the state by clearing Tamil Nadu-specific projects in the Union budget 2024-25. For the past three years, the Centre has "not released funds" for the Chennai Metro Rail (Phase 2) project, Stalin said and listed other proposals including the pending sanction for the Tambaram-Chengalpattu elevated expressway corridor. In a post on social media platform X, the chief minister highlighted the people's expectations from the Union Budget, saying that for about 10 years, middle-class families have been hoping that their income tax burden would be reduced and tax relief provided to them. Among the state's expectations, he listed the approval for Metro Rail projects in Coimbatore and Madurai, allocation of adequate funds for already announced railway projects in Tamil Nadu and increasing the expenditure limit under the Centre's rural and urban housing schemes (PM Awas Urban/Grami

Updated On : 21 Jul 2024 | 3:45 PM IST

USIBC recommends PLI for media, entertainment industry in upcoming Budget

A top India-centric American trade body on Sunday recommended that the Indian government should introduce production-linked incentives for the media and entertainment industry in the upcoming Budget. The trade body also called for steps to level the playing field between Indian and foreign companies. Ahead of the annual Budget presentation by Union Finance Minister Nirmala Sitharaman on July 23, the US India Business Council (USIBC) pitched for liberalising the satellite communications industry and taking measures to create a level playing field for Indian and foreign financial services firms and reduce friction in the flow of capital between the two countries. Proposing eliminating value restrictions on courier exports exceeding Rs 5 lakh to streamline processes and foster greater efficiency, USIBC, in its memorandum to the Union Finance Ministry, suggested removing restrictions on perishable goods shipped via courier to ensure swift clearance, supporting perishable trade dynamics

Updated On : 21 Jul 2024 | 1:23 PM IST

Budget expectations: Child rights activists seek increase in funding

Ahead of the Union Budget, child rights activists and organisations have urged the government to put children at the centre of the development discourse and increase funding for their education, healthcare, and protection services. Child rights activists expressed hope that the government will heed their calls for a child-centric approach, ensuring the nation's youngest citizens receive the resources and protection they need to thrive. The Union Budget will be tabled on Tuesday. Puja Marwaha, CEO of CRY - Child Rights and You, stressed the significance of putting children at the centre of the development discourse. "Children constitute more than one-third of the overall Indian population, and investing in them can foster social equity and break the cycle of poverty," she said. Marwaha called for increased allocations for health and nutrition programs, such as the Saksham Anganwadi and Poshan 2.0, especially for children belonging to the Particularly Vulnerable Tribal Groups ...

Updated On : 21 Jul 2024 | 1:11 PM IST

Budget, earnings, global trends to drive stock markets this week: Analysts

The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said. Besides, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude are also crucial aspects to watch out for. "The upcoming Union Budget on July 23, 2024, has become the next focal point for the market, with high expectations for growth-oriented policies. Several factors will influence the market direction, including Q1 FY25 earnings, domestic and global economic data, and broader global market trends. "Market sentiment will be closely monitored by observing foreign and domestic institutional investor activity (FII and DII) and crude oil prices," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. Among blue-chip firms Bajaj Finance, Hindustan Unilever, Axis Bank, Bajaj Finserv, Larsen & Toubro, DLF, Tech Mahindra and Nestle will announce .

Updated On : 21 Jul 2024 | 11:45 AM IST

Budget 2024: Disability rights activists demand increased allocations

Disability rights activists expect a substantial financial support in the upcoming budget to address the needs of persons with disabilities to ensure their development. Arman Ali, executive director of the National Centre for Promotion of Employment for Disabled People, stressed the need for earmarking budgets under central and state schemes across different ministries to ensure targeted funding for disability inclusion. This, he believes, would address the diverse needs of persons with disabilities and ensure adequate support across multiple sectors. Ali also highlighted the urgent need for allocations to improve accessible infrastructure, including community hospitals, primary health centres, district hospitals, and sub-district hospitals. He pointed out that without such allocations, persons with disabilities would continue to face significant barriers in accessing healthcare facilities, ultimately affecting their overall health outcomes. The activist also underscored the ...

Updated On : 20 Jul 2024 | 1:57 PM IST