Tag: Union Finance Minister

Middle class discontented, real estate sector applauds tax reforms

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Middle-class families in the city have voiced their dissatisfaction with the updated income tax slabs in Union Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman on July 23. “The price of commodities has tripled over the last few decades, but the tax slabs have barely changed. It’s unfair for individuals earning ₹3 lakh per annum…

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Budget 2024: Agriculture gets higher allocation; fertilizer, food subsidies slashed, farmers express concern

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A major announcement was the implementation of Digital Public Infrastructure for Agriculture, and digital crop survey of kharif crops in 400 districts. File | Photo Credit: The Hindu Maintaining that enhancing productivity and resilience in agriculture is her priority, Union Finance Minister Nirmala Sitharaman allocated ₹1.52 lakh crore for farming and allied sectors in the first…

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Budget must address fundamental questions, why is private investment very sluggish: Congress

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Congress general secretary Jairam Ramesh. File | Photo Credit: PTI The Congress on July 12 said the forthcoming Budget must address fundamental questions such as why private investment is “very sluggish” and private consumption is not picking up as the party dismissed claims that economic growth is accelerating sharply and large numbers of jobs being…

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Focus on infrastructure, investment, innovation, inclusiveness to make India developed nation by 2047: Finance Minister

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Union Finance Minister Nirmala Sitharaman. | Photo Credit: Kamal Narang Finance Minister Nirmala Sitharaman on July 29 said the focus of the government is on four Is — infrastructure, investment, innovation and inclusiveness — to make India a developed nation by 2047. She said India has necessary wherewithal to meet the goal set by Prime…

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Budget 2023 | Major thrust planned for green energy

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Clean green hydrogen energy generation. | Photo Credit: Getty Images/iStockphoto Underlining a commitment to accelerate the Indian economy’s transition to one powered by green energy, Union Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday mentioned a slew of schemes aimed at promoting clean energy and sustainable living. Green energy was among the ‘Saptarishi’…

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Budget 2023 | 38,800 teachers, support staff to be recruited for Eklavya schools

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The Eklavya model residential higher secondary school at Kumizi in Tamil Nadu’s Kancheepuram district. Photo: tntribalwelfare.tn.gov.in The Union Government will hire 38,800 teachers and support staff for Eklavya Model Residential Schools (EMRS) for tribal students across the country over the next three years, Finance Minister Nirmala Sitharaman said on February 1 during her Union Budget…

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