The budget session of the Parliament commenced today with the joint address of President Droupadi Murmu. In her speech, President Murmu emphasised that the PM Modi-led government is working on all-round development. However, the President’s speech faced backlash from the Opposition parties. Congress leader Karti Chidambaram opinionated, âThe President’s view of the countryâ and the…
The Union Budget for 2024-25, in my view, has certainly drawn up a detailed roadmap and laid foundations for âAmrit Kaalâ to pursue the goal of a âViksit Bharatâ. The government has articulated well its planning to foster long-term growth drivers for sustainable development, improvement in productivity, and creating opportunities for all. The Budget envisages sustained…
R. Dinesh | Photo Credit: AFP I would like to congratulate the Finance Minister for laying a well-defined road map for Viksit Bharat 2047 while continuing the focus on the immediate requirement. While each of the nine tracks highlighted in the budget have many areas to appreciate, the focus on employment generation will be a…
The 2024 Budget signals policy continuity. The economy and the fiscal situation are in fine fettle. We are targeting real growth rates of 7%+ whilst keeping fiscal deficit at 4.9% for the year gone by (versus the 5.1% indicated earlier) and reducing it further to 4.5% in the coming year. Reassuringly, we are continuing to…
Lakshminarayanan Duraiswamy. The Indian real estate sector has been experiencing a significant boom in recent quarters, driven by factors such as rapid urbanisation, policy reforms, increase in disposable income and a continuous growth in consumer sentiments. Last year, the sector registered remarkable progress, consolidating its position among various other sectors. And indeed, the Finance Minister…
Union government has continued its emphasis on tackling non-communicable diseases, and allocating funds for research in the healthcare sector, with Finance Minister Nirmala Sitharaman on July 23 announcing customs duty exemptions on three cancer treatment drugs â Trastuzumab Deruxtecan, Osimertinib, and Durvalumab. | Photo Credit: Getty Images/iStock The Union government has continued its emphasis on…
Khelo India, which is the government’s flagship project to promote sports at the grassroots level, was once again the biggest beneficiary in the union budget for the sports ministry as it was assigned âš900 crore from the overall allocation of âš3,442.32 crore on July 23. Khelo India’s share, announced in the budget presented by Finance…
Image used for representative purpsoe only | Photo Credit: K.R. Deepak Shares of producers and exporters of seafood products’ firms jumped on July 23 after Finance Minister Nirmamala Sitharaman said the government will provide finance for shrimp farming and marketing. Presenting the Union Budget for 2024-25, Sitharaman said that the government has reduced the basic…
