President Droupadi Murmu on Wednesday addressed a joint sitting of Rajya Sabha and Lok Sabha, marking the onset of the Budget Session of Parliament. While addressing the joint session, the President recounted her government’s achievements. Hailing the government for its initiatives like Make in India, Aatmanirbhar Bharat and Digital India, she said that these initiatives are now the strengths of India. Meanwhile, Union Finance Minister Nirmala Sitharaman presented the interim budget in the Parliament today. The Budget Session is scheduled to end on February 9.
Prime Minister Narendra Modi hailed the budget presented in Parliament on Thursday, saying that it is not merely an interim budget but an inclusive and innovative budget. Read More...
While presenting the interim budget 2024, Finance Minister Nirmala Sitharaman on Thursday announced that the government will launch a housing scheme for the middle class. Read More...
Finance Minister Nirmala Sitharaman on Thursday announced a slew of measures while presenting the interim budget 2024 in the Parliament. According to Sitharaman, three major economic railway corridor programmes will be implemented in the country. Read More...
The empowerment of women through entrepreneurship and ease of living has gained momentum in the last 10 years, Finance Minister Nirmala Sitharaman said on Thursday while highlighting that female enrolment in higher education has gone up by 28 per cent in the period. Read More...
Meeting the needs and fulfilling the aspirations of four "major castes" -- the poor, women, the youth and farmers -- of the country are the government's highest priority, Finance Minister Nirmala Sitharaman asserted on Thursday. Read More...
In the Interim Budget presented by her Union Finance Minister, Nirmala Sitharaman, said that the expansion of existing airports and development of new airports will continue expeditiously. Read More...
Our vision for ‘Viksit Bharat’ is that of prosperous Bharat in harmony with nature, with modern infrastructure, and providing opportunities for all citizens and all regions to reach their potential,” said Finance Minister Nirmala Sitharaman while presenting the interim budget in the Parliament on Thursday. Read More...
For the tech-savvy youth, this will be a golden era, said Finance Minister Nirmala Sitharaman while presenting the interim budget on Thursday. The Finance Minister informed that a corpus of Rs 1 lakh crore will be established with 50-year interest-free loan. Read More...
Finance Minister Nirmala Sitharaman decided to stick to the path of fiscal consolidation path as she pushed for economic growth and inclusive development in the interim Budget 2024-25 presented in Parliament on Thursday. Read More...
Various schemes under maternal and child health care to be brought under one comprehensive programme for synergy in implementation. Upgradation of Anganwadi centres under Saksham Anganwadi and Poshan 2.0 will be expedited for improved nutrition delivery, early childhood care and development. Newly designed U-Win platform for managing immunization and intensified efforts of Mission Indradhanush will be rolled out, said Finance Minister Nirmala Sitharaman.
Union Finance Minister Nirmala Sitharaman proposed to retain same tax rates for direct and indirect taxes including import duties.
"The revised estimate of the fiscal deficit is 5.8% of GDP, improving on the budget estimate notwithstanding moderation in the nominal growth estimates," said the FM.
"The fiscal deficit in 2024-25 is estimated to be 5.1% of GDP," she said.
Budget Session 2024: Capex outlay for next year has been increased by 11.1%, said Finance Minister Nirmala Sitharaman in Parliament.
FDI is 'First Develop India'... FDI inflow during 2014 to 2023 was Rs 596 billion US dollars, marking a golden era. This was twice the FDI inflow between 2005 to 2014. For sustained FDI, we are negotiating bilateral investment treaties with foreign partners," said the FM.
She further said, "Many growth and development-enabling reforms are needed in the state for realising the vision of Viksit Bharat. A provision of Rs 75,000 Crores as a 50-year interest-free loan is proposed this year to support those milestone-linked reforms by the state governments."
During her address, Union Finance Minister Nirmala Sitharaman said, "Many growth and development-enabling reforms are needed in the state for realising the vision of Viksit Bharat. A provision of Rs 75,000 Crores as a 50-year interest-free loan is proposed this year to support those milestone-linked reforms by the state governments."
Union Finance Minister Nirmala Sitharaman says, "Our government plans to set up more medical colleges by utilising the existing hospital infrastructure under various departments. A committee for this purpose will be set up to examine the issues and make relevant recomendations."
Union Finance Minister Nirmala Sitharaman said, "Through roof-top solarisation, 1 crore households will be enabled to obtain up to 300 units of free electricity every month. This scheme follows the resolve of the Prime Minister on the historic day of the consecration of Shri Ram Mandir in Ayodhya."
A new scheme will be launched for strengthening deep-tech technologies for defence purposes and expediting self-reliance, said Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said, "For further growth of agriculture sector, the government to further promote public & private investment in post-harvest activities."
Farmers our are Anna Datas!!
- Every year under PM Kisan Samman Yojana, Direct financial assistance is provided to 11.8 crore farmers, including marginal and small farmers
- Crop insurance is given to 4 crore farmers under PM Fasal Bima Yojana
These are assisting farmers in producing food for the country and for the world, said FM Nirmala Sitharaman.
Pradhan Mantri Mudra Yojana offered 43 crore loans aggregating to Rs 22.5 lakh crore for the entrepreneurial aspirations of our youths, said Finance Minister Nirmala Sitharaman in Parliament
"Despite the challenges due to COVID-19, implementation of PM Awas Yojana Rural continued and we are close to achieving the target of 3 crore houses. 2 crore more houses will be taken up in the next 5 years to meet the requirement arising from an increase in the number of families," said Union Finance Minister Nirmala Sitharaman in Parliament.
Making Triple Talaq illegal, one-third women's reservation in Lok Sabha and state assemblies, giving over 70% houses under PM Awas Yojana in rural areas to women as sole or joint owners have enhanced their dignity, said Finance Minister Nirmala Sitharaman
Our govt strengthened its matra of 'Sabka Saath, Sabka Vikas and Sabka Vishwas'. Our development philosophy covered all elements of inclusivity, says Finance Minister Nirmala Sitharaman while presenting the interim budget in Parliament.
Earlier approach of tackling poverty had resulted in modest outcomes. With the pursuit of Sabka Saath, we have assisted 25 crore people to get freedom from multi-dimensional poverty, said Nirmala Sitharaman.
The Union Cabinet headed by Prime Minister Narendra Modi has approved the interim Budget. Following this, Finance Minister Nirmala Sitharaman will present her sixth budget in the Lok Sabha.
Finance Minister Nirmala Sitharaman’s Interim Budget 2024 to be presented in Parliament at 11 am today is expected to continue with the government’s big ticket expenditure on infrastructure projects and focus on agriculture and schemes for the rural poor while maintaining the path of fiscal consolidation. Read More...
Ahead of Union Finance Minister Nirmala Sitharaman’s presentation of interim budget, copies have started to arrived in Parliament. Sitharaman will present her sixth straight budget today.
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Finance Minister Nirmala Sitharaman is all set to present interim budget for the fiscal year 2024-2025 at 11 am today. Here's what residents of Berhampur in Odisha expect from the union budget.
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Finance Minister Nirmala Sitharaman is set to present the Interim Budget 2024-25 at Parliament today.
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Finance Minister Nirmala Sitharaman will on Thursday present the Modi 2.0 government's last Budget before the general elections, which is likely to contain a mix of measures for the economy and electorally significant segments like farmers and women. Read More...
Union Finance Minister Nirmala Sitharaman is all set to present her sixth and this government’s final budget ahead of the elections for the fiscal year 2024-25 on February 1.
Given the interim nature of the budget, all the sections of the society are looking forward to get something or the other. Read More
Geojit Financial Services Chief Investment Strategist V. K. Vijayakumar said in the near-term, expectations regarding the budget will influence the market.
Market does not expect any major changes in taxation relating to the capital market. Therefore, any such proposal will have an impact on the market, he said. Read More
Ahead of Parliament's last session before the Lok Sabha polls, Prime Minister Narendra Modi asserted on Wednesday that the country is touching new heights of progress and its journey of "all-inclusive and all-round" development will continue with people's blessings.
In his customary remarks to journalists before the Budget Session's start, Modi greeted them with "Ram Ram" (an invocation of Lord Ram) and noted that there is a tradition of not presenting a full budget before the polls. Read More
The Budget Session of Parliament began today with the address of President Droupadi Murmu to the joint sitting of both Houses, Rajya Sabha and Lok Sabha. While recounting her government’s achievements, Murmu said several dreams of Indians have been fulfilled in the last few years.
"Construction of Ayodhya Ram Temple was a dream for centuries, but that dream has been fulfilled now. People also wanted abrogation of Article 370 from Jammu and Kashmir. Now, Article 370 is also history," said President Murmu. Read More