Out of the total revenue expenditure, Rs 7,38,658 crore was on account of interest payments and Rs 3,99,400 crore was on account of major subsidies.
Sitharaman once and for all cleared all doubts and apprehensions about Odisha's Special Category Status demand.
Finance Minister Nirmala Sitharaman in her Union Budget 2023-24 speech said that the subsidies on EV batteries will be extended for one more year, hence making EVs cheaper in the country.
On November 22, Sitharaman would meet agriculture and agro processing industry, representatives from financial sector and capital markets.
The rupee incidentally had touched a historic low of 83.18 earlier this week, even as Sitharaman said that she saw it more as a case of the dollar strengthening than the rupee falling.
The finance minister also discussed the preparations for the upcoming Climate Change Conference in Glasgow.
As part of her US visit, Sitharaman is also meeting heads of various corporations to explore various investment potential and make in India initiatives.
Sitharaman said India will attract investments and have the purchasing power to demand the best of things from whoever produces it.
Nirmala Sithararam elucidated the intent of the country to be more inclusive in development and growth, Prahlad Singh said after his meeting with the Finance Minister in Boston.
Sitharaman remarked that India attaches great significance to presenting this statement before the global community since it unanimously voices the view of BRICS countries on the critical aspects underpinning current international policy conversations on post-pandemic recovery.
Bhubaneswar: An inter-ministerial committee meeting to look into the seven-point charter of demands by the agitating teachers held under chairmanship of Finance Minister Shashi Bhusan Behera remained inconclusive on Tuesday. Although the meeting discussed various points including service conditions and withdrawal of the ‘controversial’ affidavit clause prescribed in the Grant-in-Aid (GIA) Policy-2017, no consensus was […]
Big relief for taxpayers as Finance Minister Piyush Goyal announced that individual taxpayers having annual income up to 5 lakhs will get full tax rebate now. As many as three crore taxpayers will be benefited with the decision. The interim Budget 2019-20 was the last budget of the Modi government ahead of the general polls. Finance Minister […]
Surat/Bhubaneswar: Duped depositors of chit fund companies today protested Odisha Finance Minister Sashi Bhusan Behera in Surat during his visit to Gujarat. Demanding immediate refund of money, the protestors held placards and banners and shouted slogans against Behera, who was in Surat to attend a meeting at the Chambers of Commerce at Nanpura. Under the […]
Bhubaneswar: Odisha Assembly was on Tuesday adjourned twice due to ruckus by the opposition Congress and the BJP over unemployment and failure of state government to provide drought relief to the affected farmers. While Congress wanted a discussion on the growing unemployment in the state, the BJP said the state government had failed to give […]
The Jammu and Kashmir government on April 24 approved implementation of 7th Pay Commission’s recommendations and with this it becomes the first state in the country to do so resulting in 20 per cent average hike in the salary of its lakhs of employees. The implementation will have an additional burden of Rs 4,201 crore […]
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