Today, Finance Minister Nirmala Sitharaman announced the last interim budget before the impending general elections, covering the government’s focus on various sectors, including infrastructure, railways, renewable energy, housing, and more. Inside the budget, the finance minister made a significant announcement regarding renewable energy. To turn households into power generation units, the central government will focus …
In recent years, India has witnessed a significant surge in its infrastructure development initiatives, driven by the government’s commitment to fostering economic growth and creating employment opportunities. In today’s Interim Budget of 2024, we heard some announcements related to infrastructure development. To build on the enormous impact of the capital expenditure that has tripled over …
The Indian government’s Interim Budget 2024, presented on February 1, 2024, brought good news for the agriculture sector. Finance Minister Nirmala Sitharaman announced several initiatives aimed at boosting farmers’ income, promoting value addition, and enhancing overall growth. Here’s a breakdown of the key announcements: Doubling Down on Success Pradhan Mantri Kisan Sampada Yojana (PMKSY) This …
As the Indian stock market braces itself for the much-anticipated interim budget of 2024, scheduled for presentation today, February 1, a flurry of buying activity has been observed in select stocks. These stocks, seemingly poised for potential gains in anticipation of budget-related announcements, have attracted significant investor interest, hinting at where market sentiment might lie. …
In anticipation of the upcoming Lok Sabha polls, Finance Minister Nirmala Sitharaman is set to present the interim budget on February 1, 2024, which is today. As this pre-election budget unfolds, it would be interesting to see how the finance minister strikes a balance between populism and fiscal prudence, aiming to meet the expectations of …
February 1, 2024 09:54 AM Parliament Budget Session Live: Government kept inflation under control despite global crisis President Droupadi Murmu said, “In the past years, the world witnessed two major wars and faced a pandemic like Corona. Despite such global crises, my government kept inflation under control in the country and did not let the …
In a bid to address the pressing housing shortage in India, Prime Minister Narendra Modi’s flagship federal housing scheme is set to receive a significant boost. With elections looming, the government is gearing up to announce an extension to the scheme and increase subsidies for low-cost housing loans in the upcoming budget. Finance Minister Nirmala …
India’s upcoming budget, presented in February 2024, will be coming in at a crucial time, i.e. just before the Lok Sabha election 2024. The short-term and long-term impact of the decisions taken in this budget will be discussed at length in the media, not only for economic speculation, but also political back and forth. Hence, …
The Union Budget of India is the annual financial statement presented by the Finance Minister in the Parliament. The Union Budget outlines the government’s revenue and expenditure for the fiscal year, which typically runs from April 1 to March 31. It is a comprehensive document that provides details about the government’s fiscal policies, proposed expenditures …
On February 1, 2024, India’s Finance Minister Nirmala Sitharaman is set to present her fifth Union budget for the financial year 2024-2025. Like all Union Budgets, Budget 2024 is set to be a detailed and comprehensive report of the country’s revenues as well as estimated expenditures for the fiscal year ahead. Owing to the wide …
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