The Finance Minister also highlighted the impact of Direct Benefit Transfer (DBT), emphasizing that savings through DBT channels have enabled more funds for the PM Garib Kalyan Yojana, a welfare program for the economically disadvantaged. "With the pursuit of Sabka Saath, the govt has assisted 25 crore people to get freedom from multidimensional poverty in the last 10 years," Sitharaman stated during her Budget speech.
12:19 (IST)
Feb 01
Budget 2024: Finance minister Sitharaman announces free ration for 80
crore people
Addressing
concerns about food security, Sitharaman announced the elimination of worries
through the provision of free ration for 80 crore people. "The worries
about food has been eliminated through free ration for 80 crore people,"
said Finance Minister.
12:19 (IST)
Feb 01
India Budget Live: Sitharaman highlighted India's stride towards
Atmanirbhar Bharat in Interim Budget
Sitharaman
acknowledged the challenges posed by the once-in-a-century pandemic but noted
that the country successfully overcame them, continuing its stride towards
building an Atmanirbhar Bharat (self-reliant India) committed to Panch Pran and
laying solid foundations for the Amrit Kaal. Sitharaman said, "The country
overcame the challenges of once in a century pandemic to clang stride towards
Atmanirbhar Bharat committed to Panch Pran and laid solid foundations for the
Amrit Kaal."
12:18 (IST)
Feb 01
Budget Live: 'Sabka Saath, Sabka Vikas', said Sitharaman stressing the
continuity of inclusive development vision in Budget 2024
Presenting
the Interim Budget for the fiscal year, Sitharaman highlighted the government's
commitment to inclusive development under the vision of "Sabka Saath,
Sabka Vikas, and Sabka Vishwas." "In the second term, our government
strengthened its vision of Sabka Saath, Sabka Vikas, and Sabka Vishwas,"
stated Sitharaman, emphasizing the continuity of the government's commitment to
the welfare of all citizens.
12:15 (IST)
Feb 01
Budget India Live: Indian economy witnessed profound positive
transformation in the last 10 years, says FM Nirmala Sitharaman
In the
interim budget presentation on the floor of the Parliament, Finance Minister
Nirmala Sitharaman declared that the Indian economy has undergone a profound
positive transformation over the last decade. "Indian economy witnessed
profound positive transformation in the last 10 years," said Sitharaman,
while presenting Budget 2024 in the Parliament.
12:08 (IST)
Feb 01
Budget 2024 analysis: CRISIL view
The
adoption of nano DAP on a large scale should bring down the fertiliser subsidy
bill. A bottle of nano DAP costs 50-55% lesser than an equivalent 50 Kg bag of
conventional DAP. Subsidy on ‘phosphatic’ fertilisers, on average, accounts for
18-20% of the fertiliser subsidy bill
12:07 (IST)
Feb 01
Modi
government is focused on more comprehensive GDP, governance, development and
performance
FM
Sitharaman while announcing the Interim Budget
12:05 (IST)
Feb 01
We continue
on path of fiscal consolidation to reduce fiscal deficit to 4.5% in 2025-26
FM
Sitharaman
12:04 (IST)
Feb 01
Budget India Live: Benefits for startups
·
Tax benefits for start-ups will be extended to March 31, 2025.
·
Investments by sovereign wealth funds and pension funds will be tax-free
for one extra year.
·
The government will withdraw some outstanding direct tax demands.
12:01 (IST)
Feb 01
Budget 2024: Nirmala Sitharaman concludes her interim budget speech, it
was just a few minutes short of an hour
11:55 (IST)
Feb 01
India Budget Live: No announcement for taxpayers
"I do
not propose to make any changes to taxation and proposed to retain same tax
rates for direct and indirect tax rates including import duties," said FM
Sitharaman.
11:52 (IST)
Feb 01
Budget 2024 analysis: CRISIL View
·
The 11.1% higher capex budgeted for infrastructure is lower than what
has been the run rate in the previous years. This implies the private sector
will have to step in if the growth momentum has to be maintained
·
India's milch animal yield at 10-12 litres per day is around 50% lower
than the global average. The investment in preventing foot and mouth diseases
can help improve the yield
·
Compressed biogas (CBG) blending mandate should accelerate blending, but
availability and transport remains a challenge
·
The development of commodity-specific economic rail corridors can
de-congest existing lines, mostly in the eastern part of the country. This is
supportive of faster freight movement and turnaround times and should help
reduce the logistics cost for India from 12% of GDP, improving competitiveness,
especially manufacturing, against peers.
·
Having a focused approach to improve freight movement will help in
achieving the National Rail Plan targets of 50% modal share over the medium
term.
11:51 (IST)
Feb 01
Budget 2024: Sitharaman says 'our government' to present Full Budget in
July
In the full
Budget in July, our government will present a detailed roadmap for our pursuit
of Viksit Bharat, says FM Sitharaman
11:50 (IST)
Feb 01
Union Budget 2024 India: FM Sitharaman is now speaking about
government's tax reforms
11:49 (IST)
Feb 01
Budget 2024 live: I appreciate taxpayers for their continued support,
says FM Sitharaman
11:47 (IST)
Feb 01
Budget live: Revised estimate of fiscal deficit is 5.8% of GDP, says FM
Sitharaman
11:45 (IST)
Feb 01
Budget 2024: Capital expenditure target
FY25 capex
target set at Rs 11.1 lakh crore, up 11.1%: FM Nirmala Sitharaman.
11:44 (IST)
Feb 01
Budget 2024 live: FDI - First Develop India, says Sitharaman
FM says the
government will push for bilateral treaties with foreign partners in the spirit
of 'First Develop India'.
11:42 (IST)
Feb 01
For our
tech-savvy youth, this will be a golden era. A corpus of Rs 1 lakh crore will
be established with 50-year interest-free loan provided. It will be for
long-term financing or re-financing with low or nil interest rates.
Union
finance minister Sitharaman
11:40 (IST)
Feb 01
Railway Budget 2024 live: Vande Bharat-like bogies, airports to be
doubled
FM
Sitharaman announces that 40,000 rail bogies will be converted to Vande Bharat
standards. Airports to be doubled to 149. Indian carriers have placed orders
for 1,000 new aircraft
11:38 (IST)
Feb 01
Recently
announced India Middle East Europe Economic Corridor will be game changer for
India
Sitharaman
11:38 (IST)
Feb 01
Budget 2024: FM Sitharaman on strategy for Amrit Kaal
"Our
government will adopt economic policies which will foster and sustain growth,
facilitate inclusive and sustainable development, improve productivity, create
opportunties for all and help them enhance their capabilities and contribute to
generation of resources to power investments and fulfill aspirations. The
government will take up next gen reforms and build consensus with stakeholders
for effective implementation"
11:37 (IST)
Feb 01
Budget 2024: Govt to increase defence outlay
Defence
outlay to be increased by 11.1% to Rs 11,11,111 crore, which will be 3.4% of
GDP
11:35 (IST)
Feb 01
Budget 2024: Jai Jawan, Jai Kisan, Jai Vigyan, Jai Anusandhaan
(research) is the motto of the Modi govt, says Sitharaman
11:34 (IST)
Feb 01
Despite the
challenges due to Covid, 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
increase in the number of families.
FM
Sitharaman
11:33 (IST)
Feb 01
Budget 2024 live: FM on India's G20 presidency
"India
as a G20 host showed forward way and built consensus for solutions for problems
being faced by the world"
11:32 (IST)
Feb 01
Budget 2024: Plan to set up more medical colleges
Our govt
plans to setup more medical colleges by utilising the existing medical infra
under various departments: FM
11:27 (IST)
Feb 01
The economy
is doing well. Inflation is moderate
Sitharaman
11:25 (IST)
Feb 01
Budget 2024 live: 1 crore households will get up to 300 units of
electricity every month with rooftop solarisation, says FM
11:24 (IST)
Feb 01
Budget 2024 live: Women empowerment measures
FML Making
Triple Talaq illegal, reserving one-third legislative seats for women highlight
government's women empowerment programme
11:23 (IST)
Feb 01
Budget 2024: 'New world order post-Covid'
FM:
Geopolitically, global affairs are becoming more complex. A new world order is
emerging after the Covid-19 pandemic. The pandemic led to the crisis while
India successfully navigated its way. India assumed the G20 summit after a very
difficult time
11:23 (IST)
Feb 01
No comments:
Post a Comment