New Delhi: BJP ally and Union minister Ram Vilas Paswan Friday dubbed the budget as the government’s “second surgical strike”, saying the first used bullets against the country’s external enemies while this will use ballots to decimate the ruling NDA’s rivals in the general election. “This is not budget but surgical strike. The first used […]
New Delhi: The Narendra Modi government sought to give a marked thrust to the rural sector in this year’s Union Budget, its last full-year budget before the 2019 Lok Sabha polls, with the central ministries getting an allocation of Rs 14.34 lakh crore for creation of livelihood and infrastructure in rural areas. The thrust, evidently […]
Bhubaneswar: Odisha has been allocated Rs 5,102 crore for development of Railways in the Union Budget for 2017-18 against the state’s demand of Rs 5,870 crore, East Coast Railways (ECoR) general manager Umesh Singh said. Stating that the allocation meets about 87 per cent of the state’s demand, Singh said, “We have passed with distinction.” […]
Bhubaneswar: FICCI affiliated Utkal Chamber of Commerce and Industry (UCCI) today said corporate India s expectations were not “fully met” though the overall Union Budget may benefit the rural economy. “On a scale of 1-10, UCCI will rate this Budget as 6,” said UCCI’s president Ramesh Mahapatra said. While, increased provisions for infrastructure, railways, roads […]
At Rs.246,727 crore ($40 billion), India's defence spend was Saturday hiked a modest 7.74 percent, with Finance minister Arun Jaitley declaring that “defence of every inch of our land is above everything else”
The national budget presented by Finance minister Arun Jaitley Saturday has the potential to increase what you pay for some commodities while also reducing it for certain categories
The Indian health budget Saturday saw a dip of 5.7 percent with the Narendra Modi government Saturday announcing an outlay of Rs.33,152 crore for the sector, giving special emphasis to the promotion and development of AYUSH, the country's traditional methods of medicines
Union Finance minister Arun Jaitley today gave a big fillip to the insurance, pension sectors by proposing to net large masses of people under the proposed insurance and pension schemes
New Delhi: Prime Minister Narendra Modi on Tuesday met the Finance Ministry Secretaries along with Secretaries of few other ministries and Niti Aayog CEO on suggestions and roadmap for the economy and the upcoming Union Budget 2019-2020. This is the second meeting of the Prime Minister with key Secretaries after taking office for the second […]
New Delhi: Union Finance Minister Nirmala Sitharaman today chaired the Pre-Budget Consultation Meeting in New Delhi attended by the Finance Ministers of States and Union Territories and the senior officials of the Ministry of Finance and State governments among others. In her opening remarks at the Pre-Budget Consultation Meeting, the Finance Minister said, “Unprecedented level […]
Will there be a big hike announcement for the Central government employees in the Budget? After much hue and cry over the hike in the minimum pay of the CG employees beyond the recommendation of the 7th Pay Commission, expectations are high from Modi 2.0. The first Budget of Modi 2.0 is scheduled to be […]
Mumbai: Sensex and Nifty traded on a flat note during the morning trade session on Tuesday. Traders remain cautious ahead of the Union Budget and a key meeting between US and Chinese Presidents Donald Trump and Xi Jinping at the G20 Summit in Osaka, Japan, where the two leaders are likely to discuss the ongoing […]
Bhubaneswar/ New Delhi: Nirmala Sitharaman, India’s first full-time woman Finance Minister, presented the first budget of the second term of the Narendra Modi government in the Lok Sabha today. At a high-level meeting, the Union Cabinet approved the Budget 2019 which is being presented by Sithararam. Deductions in loans for affordable housing. Rs 1.5 lakh […]
New Delhi: Setting a new precedent Union Finance Minister Nirmala Sitharaman on Friday was seen hugging the budget documents wrapped in a red cloth, the traditional ‘bahi khaata’ way, instead of the leather briefcase that until now her predecessors marched out with. Chief Economic Advisor K. Subramanian said that it was a departure from “slavery […]
New Delhi: Presenting her first Union Budget, Finance Minister Nirmala Sitharaman on Friday said that India will become a $3 trillion economy in the financial year 2019-2020. She also said that many structural changes are needed for the country to become a $5 trillion economy, adding the target is eminently achievable. The Economic Survey for […]
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