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Hemant Soren. File | Photo Credit: PTI The Jharkhand Chief Minister Hemant Soren slammed the Centre for neglecting the State in the Union Budget presented by Finance Minister Nirmala Sitharaman and alleged that Bharatiya Janata Party leaders are silent over the dues from the Centre. He also claimed that the Centre owes ₹1.36 lakh crore…
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People walk past a display screen telecasting the Union Budget 2024-25 presentation by Union Finance Minister Nirmala Sitharaman at the Parliament House, outside the BSE in Mumbai on July 23, 2024. | Photo Credit: ANI Indian benchmarks were little changed on July 24, with sentiment still sour a day after the government raised the tax…
The Rajasthan government has already approved Rs 275 crore for the water infrastructure of this project. Jaipur: Rajasthan has received a major industrial park in the first Budget of the BJP-led government at the Centre, with the state receiving Rs 7,000 crore more as a share of Central taxes this time. Among the 12 new…
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Job seekers in Kerala. | Photo Credit: The Hindu The chapter on employment in the Economic Survey starts with the observation: “Employment is the crucial link between growth and prosperity, and its quantity and quality determine the extent to which economic output translates into better quality of life for the population.” This “crucial link” between…
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File photo of MGNREGA work in Villupuram district, Tamil Nadu. | Photo Credit: The Hindu Budget 2024 is no different from previous years as far as allocations for the social sector are concerned. This is despite the fact that the youth, farmers, women, and the poor are identified as the main focus groups. The Economic…
Read More “For the social sector, it is old wine in an old bottle” »
Illustration of a citizen paying tax. | Photo Credit: Getty Images The 2024-25 Budget is not just an account of receipts and expenditures for the financial year; it also sets the stage for several years in terms of expectations. Taking off from the analysis in the Economic Survey, the Budget identifies priority areas for government…
New Delhi: Union finance minister Nirmala Sitharaman pointed out that her 82-minute Budget speech only covered the salient points, but a lack of mention of any scheme or state does not indicate exclusion. She also played down the mega package for Andhra Pradesh — ruled by ally Chandrababu Naidu — saying she merely highlighted the…
Railway Minister Ashwini Vaishnaw speaks on the Union Budget in New Delhi on July 23, 2024. | Photo Credit: PTI The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget…
Read More “Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety” »
Apple imports all the high-end iPhone Pro models that it sells in India (Representational) iPhone maker Apple is believed to be the biggest beneficiary of a 5 per cent reduction in import duty on mobile phones and the move could lead to savings of as much as $35 to 50 million for the tech titan,…
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New Delhi: The government’s flagship apprenticeship programme, which has become contentious after Congress claims of plagiarism, has some crucial fine print that Union finance minister Nirmala Sitharaman made clear at a post-budget interview today. Two are of particular interest — to the employees and their employers. While the government is willing to provide the first-timers…
Read More “Budget 2024: The Fine Print In Government’s Jobs Scheme: Nirmala Sitharaman Explains” »
