Page 12 - Union Budgets

Health sector's Budget wishlist: Increase spending to 2.5% of GDP

Key demands include rationalising GST rates, investment in skilling professionals, building local capabilities

Budget 2024-25: Bringing high spirits home on alcobev players' wish list

The Perfect Pour, a Mumbai-based wine and spirits consulting firm, urges the Budget to focus on a unified ecosystem, standardised pricing, and GST

Interim Budget 2024: Govt may allocate Rs 2.2 trillion for food subsidy

The ongoing financial year's food subsidy has already surpassed the allocated Rs 1.97 trillion in Budget 2023-24

Steel industry hopes Budget will focus on infra, fair trade measures

Companies want support for capacity addition and anti-dumping measures against substandard imports

Interim Budget 2024-25 likely to set nominal GDP growth at 10-10.5%

Govt may finalise FY25 Interim Budget assumption this week

India's GDP may grow 7.3% in FY24: Govt's first advance estimates

Construction, manufacturing likely key drivers; weak consumption growth among major concerns

Centre expected to maintain fiscal discipline in Interim Budget 2024

Interim budget likely to prioritise fiscal consolidation over populist spending, anticipating fiscal deficit at 4.5% of GDP by FY26

Union Budget 2024: 10 terms to boost the know-how of key financial exercise

The Union Budget, laid out on February 1 annually, is the financial roadmap that shapes the country's economy. Here are 10 key Budget terms for better insights into the key financial exercise

Budget 2024: Highlights of education budget under Modi govt since 2014

The National Education Policy, introduced in 2020, states that 6% of the country's GDP should go towards education. Here is a look on how the country has fared in over a decade of education

Gender budgeting in India: What does it mean and how it impacts policy

India adopted its first gender budget in 2005-06, marking a significant step towards addressing gender disparities in resource allocation

Railways give thumbs up to Rs 1 trn plan to do away with waiting lists

The Indian Railways plans to procure 7,000-8,000 new train sets over the next 15 years to make train travel more efficient and eliminate waiting lists

No 'spectacular announcements' in interim Budget, says FM Sitharaman

"Budget that will be announced will just be a vote on account because we will be in election mode, and elections will happen during the coming summer", the FM said

Interim Budget: All you need to know about the budgets during election year

Here is everything you need to know about the meaning of interim Budget, why and when it is presented, vote-on-account, and more

Decoded: What is the government borrowing programme and calendar?

The Central Government adheres to a semi-annual borrowing calendar, while State Governments follow quarterly calendars

States, industry snub govt ports for private ones in coastal shipping

Between April and August, coastal cargo handled at state-owned ports increased by 1.3%, while it rose 21% at private ports

Centre hikes MGNREGA wages, new rates to be applicable from April 1

In a notification released on March 24, the Union Ministry of Rural Development declared revisions to the rural job guarantee programme for the financial year 2023-24

PM Modi to address post budget webinar on VIKAS scheme on Saturday

Prime Minister Narendra Modi will address the post Budget webinar on PM VIshwakarma KAushal Samman scheme on Saturday. It is part of a series of 12 post Budget webinars being organised by the government to seek ideas and suggestions for effective implementation of the initiatives announced in the Union Budget. "The webinar will have four breakout sessions covering the Budget announcement for the MSME sector - PM VIshwakarma KAushal Samman (VIKAS). "This will involve holding discussions and deliberations with regard to design, structure, and implementation of the new scheme," an official statement said on Friday. PM VIshwakarma KAushal Samman (PM VIKAS) aims to improve the quality, scale and reach of products/services of artisans/crafts people by integrating them with the domestic and global value chains. The webinar will have four breakout sessions covering themes like access to affordable finance, including incentives for digital transactions and social security. It will also ha

Social capital and Budgets: The picture is varied, not just black or white

India's ranking on the UN's HDI has remained more or less unchanged, suggesting the country is doing no better or worse than others, though most are growing much slower than India, writes T N Ninan

Budget prepared keeping mind external challenges also: FM Sitharaman

The Union Budget 2023-'24 has been prepared keeping growth in focus and also external economic challenges such as fuel prices, Finance Minister Niramala Sitharaman said on Thursday. In an interactive session on the Budget, she said the focus was on the common man and weaker sections and to ensure that their businesses are supported, their education is supported, the opportunities which are available for them to skill themselves are also given enough provision. "The priority is to keep the growth momentum as it is and also to make sure that the further support measures for sustaining growthAnd be conscious of the fact that challenges which are extraneous to India. External challenges will have to be kept in mind. We should be ready for any unpredictable events from outside of our border," she said when asked what the priorities were when the budget was given a final shape. "Economic challenges which are even today prevalent in terms of fuel and fertilisers. Fertilisers are coming dow

Union budget 'exclusionary', minorities 'brutally discriminated': Congress

Dubbing the Union Budget "exclusionary", Congress leader in Lok Sabha Adhir Ranjan Chowdhury alleged on Friday that the minorities have been "brutally discriminated" against in the allocations and that many view it as part of a series of Islamophobic policy decisions by the government. Concluding a discussion on the budget in Lok Sabha, Chowdhury also asked the government to answer questions raised in the US-based short seller Hindenburg Research's report on billionaire Gautam Adani's companies that triggered an unprecedented stock crash. He reiterated the Opposition's demand for a joint parliamentary committee probe or a Supreme Court-monitored investigation into the matter. Chowdhury alleged that the Union Budget for 2023-24 was nothing but "skewed numbers" and had neglected regions such as Ladakh, Jammu and Kashmir and the Northeast. He claimed that the budget had failed to cater to vulnerable sections of society, including women, Scheduled Castes, Scheduled Tribes and ...