Budget And Infrastructure

UP Budget 2025-26: Infra, welfare remain Yogi's focus; key announcements

UP Budget 2025-26: In line with Yogi government's previous Budgets, this one also focused on infrastructure, education, health, social security, and economic growth

Modi govt spent Rs 11 trn on infra development in one year: Scindia

Union minister Jyotiraditya Scindia on Saturday said the Modi government has spent Rs 11 lakh crore on infrastructure development in the last one year, while the Congress-led UPA dispensation used to spend only Rs 2 lakh crore on this front annually. Addressing a press conference to highlight various provisions made in the recently-presented Union Budget, he said the budget will make India self-reliant and aims to establish it as a 'Vishwaguru' (world leader) by 2047. "Prime Minister Narendra Modi has always said that he considers poor, farmers, women and youth as the only four castes in our country, and this budget focuses on these four categories," he said. "In the last one year, Rs 11 lakh crore have been spent on infrastructure. The UPA used to spend only Rs 2 lakh crore on this front," the Minister of Communications said. According to him, railway lines of 2,031 km were laid and 6,000 km-long national highways were constructed in the past one year. In the telecom sector, ...

Tripura conclave secures business deals worth Rs 3,683 cr for state

The Tripura government on Saturday said that 87 Memoranda of Understanding (MoU) valued at Rs 3,683 crore were signed in the business conclave that concluded on February 8. Addressing the 'Destination Tripura: Business Conclave-2025' here, Chief Minister Manik Saha urged investors to set up industries in the northeastern state. "Though Tripura is the third smallest state in the country, it has enormous resources to offer for setting up industries. Natural gas, tea, rubber, bamboo and agar are the resources which could be used for commercial purposes," Saha said. Asserting that the northeastern state has agar plantations covering over 2000 hectares in non-forest area, the chief minister said the state also produces over 1 lakh MT of raw rubber annually. Saha also informed the industrial houses of the state's infrastructure for business, especially in Sabroom. "Maitri Setu, connecting Tripura's Sabroom with Bangladesh's Ramgarh has been constructed. The distance between Maitri Setu

Substantial increase in budget allocation to several states: Vaishnaw

There is a substantial increase in budgetary allocations to all the states for 2025-26 as compared to that of between 2009-14 for the development of rail infrastructure, Railway Minister Ashwini Vaishnaw said on Monday. Presenting a state-wise break up of the budgetary allocation for railways and the pace of development of rail infrastructure, Vaishnaw said that while railways was moving at a snail's pace before 2014, it has made historic progress in the past ten years during the NDA rule. Holding separate interaction with media persons and senior officials of respective divisions and zones via video conferencing, Vaishnaw provided a detailed update of various significant aspects and progress status of projects. According to Vaishnaw, when a comparison is drawn with 2009-2014, the average budgetary allocation for the next financial year 2025-26 is 27 times higher for Delhi, 23 times for MP and 22 times for Chhattisgarh. While the annual average budget for Bihar was Rs 1,132 crore .

Budget 2025 LIVE: FM bets on tax cuts to spur growth; Oppn calls it 'election package for Bihar'

Union budget 2025-26 Live Updates: Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income tax on earnings up to Rs 12 lpa

Budget: Railway capex stays flat; revenue receipts set to cross Rs 3 trn

Finance Minister Nirmala Sitharaman has kept the outlay provided for capital expenditure (capex) in the Railways at Rs 2.65 trillion, almost the same as the 2024-25 budget estimate

Budget updates: Diya Kumari terms Union Budget as 'game changer,' Gehlot criticises lack of relief

New tax regime updates: Under the new system, taxpayers will not have to pay any income tax on earnings up to Rs 12 lakh per annum

Budget 2025: A boost for handicrafts, handlooms, says Stylist Prasad Bidapa

I'm disappointed that the Budget doesn't do more to address climate change and environmental sustainability, he said

India's tax relief might not spur growth or debt reduction: Moody's

Moody's Ratings has stated that the Indian government's decision to reduce the tax burden on middle-class consumers is unlikely to have a significant impact on economic growth

Modi turns to India's middle class to revive growth in rough global year

The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000

Union Budget 2025: Sitharaman's key allocations and reforms across sectors

With a focus on healthcare, defence, agriculture, maritime, and education, the Budget aims to enhance infrastructure, boost self-reliance, and foster long-term growth

Growth, capex, and debt: Key numbers to watch in Union Budget 2025

From fiscal deficit to defence spending and external debt, Budget 2025 will reflect the government's strategy to balance fiscal prudence with growth ambitions

What Indian Railways achieved in FY25? Economic Survey sheds light

Between April and October 2024, Indian Railways launched 17 new pairs of Vande Bharat trains and manufactured 228 new coaches, keeping pace with last year's expansion

Govt capex rose 8.2% from July-Nov 2024, led by defence, railways, roads

Economic Survey 2025: Government capex on key infrastructure has grown by 38.8% over the past five years

What products and services may see their prices change in Budget 2025?

The Finance Minister is expected to prioritise economic growth, domestic manufacturing, and offer relief to consumers in the upcoming budget to address inflation, fiscal consolidation, and job creatio

Industries across fields expect host of measures in Budget to propel growth

With Finance Minister Nirmala Sitharaman preparing to present the first full Budget of the Modi 3.0 government, industry players from various fields have put forth their demands for raising income tax limits, taking measures for more job creation, and further improving doing business to propel growth. The industry is hopeful that the government will announce a slew of measures to boost consumption by ensuring more money in the hands of people, boosting capital expenditure, giving relief to the housing sector and technological innovations. Moin Ladha, Partner at Khaitan & Co, opined that with the Union Budget 2025 fast approaching, the industry as a whole is confident of some interesting changes to the regulatory landscape, particularly changes to foreign investment policy, streamlined compliance, and key policy changes in certain sectors. One such key change that the Budget 2025 may bring is the introduction of 100 per cent foreign direct investment (FDI) in the insurance sector, .

Govt likely to shift focus to railways from road transport in infra push

Govt has ramped up infrastructure spending, particularly on the road network, since the pandemic to drive economic growth, but execution challenges could see the focus shift to the railways

Infra needs Rs 15 trn annual outlay for 'Viksit Bharat' goal: Mandaviya

Union Minister Mansukh Mandaviya on Monday said the government's infrastructure investment budget should be Rs 15 lakh crore per annum, against Rs 11.5 lakh crore at present, for the next 25 years to achieve 'Viksit Bharat @2047' and social security for all. This assumes significance in view of India's 100 years of independence in 2047 and the government's goal of 'Viksit Bharat@2047'. Addressing the inaugural of ISSA-ESIC International Seminar 'Formalization & Social Security Coverage for Workers in the Informal Sector Challenges & Innovation', Mandaviya stated that the infrastructure investment budget was Rs 1.2 lakh crore in 2012 and this budget was Rs 2.4 lakh crore in 2014 under the Narendra Modi-led government. "In 2024, the budget has been pegged at Rs 11.5 lakh crore. We have to take it to Rs 15 lakh crore. When the government will invest Rs 15 lakh crore on infrastructure for the next 25 years, only then India will become a developed country (by 2047)," he said. He ...

Infra development key to achieving Viksit Bharat goal: Nitin Gadkari

Union Minister Nitin Gadkari on Monday said infrastructure development is imperative to achieve the goal of Viksit Bahrat, as the economy depends on good transport and communication facilities. "The Prime Minister has given us a mission of developed and prosperous India. If we have to achieve a Viksit Bharat, we will have to improve the country's infrastructure. "Until water, power, transport, and communication do not develop, industry, business, and tourism will not get a boost," Gadkari said, addressing a rally after Prime Minister Narendra Modi inaugurated the Sonamarg tunnel here. The Union Minister said Modi has taken a pledge to develop J-K along with the country. "He has given us the task of developing this infrastructure. Good roads make a country developed and prosperous. We are working on a mission to make J-K developed and prosperous so that industries are established here, tourism increases, employment opportunities are created for the youth and poverty is eradicated. W

Budget FY26: Goldman Sachs highlights focus on fiscal deficit, growth

India's elevated public debt-to-GDP ratio remains a concern. A reduction in the general fiscal deficit from 8 per cent in FY25 to 7 per cent by FY30 is critical to keeping public debt sustainable