Union Budget is pro-rich, says Opposition

Trinamool Congress MP Abhishek Banerjee, Samajwadi Party MP Akhilesh Yadav, party MPs Dharmendra Yadav, Dimple Yadav and Anand Bhadauriya in the Lok Sabha during the Budget Session, in New Delhi on February 7, 2025. | Photo Credit: ANI/Sansad TV Terming the Union Budget ā€œpro-richā€, Opposition members in the Lok Sabha on Friday (February 7, 2025)…

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Union Budget 2025: Finance Minister announces ₹20,000 crore Nuclear Energy Mission for small modular reactors

Finance Minister Nirmala Sitharaman announced a ₹20,000 crore ā€˜Nuclear Energy Mission’ to develop indigenous Small Modular Reactors (SMR). File | Photo Credit: The Hindu Finance Minister Nirmala Sitharaman announced a ₹20,000 crore ā€˜Nuclear Energy Mission’ to develop indigenous Small Modular Reactors (SMR). The Budget proposes that at least five of these reactors will be operationalised…

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Slight decline in allocations for I&B Ministry

The budgetary allocations for the Information and Broadcasting Ministry recorded a slight decline from ₹4,626.71 crore to ₹4,358.38 crore this year. While proposed funds for the establishment expenditure of the Ministry are pegged at ₹142.70 crore, some ₹38.27 crore for Art and Culture, and ₹401.53 crore for Information and Publicity have been allocated. The government…

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Budget 2025: FM opens up Nuclear power sector to private players and incentivises distribution reforms

Currently, four VVER 1,000-MWe reactors are being built at the KKNPP site. | Photo Credit: The Hindu Boosting state’s power distribution and opening the nuclear power sector was announced by Union Finance minister Nirmala Sitharaman in her eighth Budget speech on Saturday (February 1, 2025). She announced incentivisation of distribution reforms to help the financial…

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Union budget 2025 LIVE updates: Finance Minister Nirmala Sitharaman to present 8th consecutive budget

Finance Minister Nirmala Sitharaman today will present a record eighth consecutive Union Budget that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent. This will take Ms. Sitharaman closer to the record of…

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