Budget Session

How govt navigates headwinds, challenges will shape the FY26 Budget

It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Sitharaman, rare in Indian polity

Andhra Pradesh govt presents Rs 2.9 trn budget; see all major allocations

The estimated revenue deficit stands at Rs 34,743 crore (2.12 per cent of the GSDP), while the fiscal deficit is estimated at Rs 68,743 crore (4.19 per cent of the GSDP)

11 Bills introduced, 3 passed as Budget session of Parliament concludes

LS devoted 27 hrs and 19 minutes to discuss the Union Budget against the allotted 20 hrs

Govt to review design of dams vulnerable to glacial lake outburst floods

The government on Thursday said it will review the design of all existing and under-construction dams vulnerable to Glacial Lake Outburst Floods, ensuring these dams have adequate spillway capacity to handle extreme flood scenarios. A glacial lake outburst flood (GLOF) is a type of outburst flood caused by the failure of a dam containing a glacial lake. Moreover, conducting GLOF studies has been made mandatory for all new dams planned in areas with glacial lakes. In a written response to a question in the Lok Sabha, Minister of State for Jal Shakti Raj Bhushan Choudhary said the Central Water Commission's measures include monitoring 902 glacial lakes and water bodies across the Himalayan region from June to October each year. "Subsequent to Teesta-III Hydroelectric dam collapse in October, 2023, Central Water Commission has decided to review the design flood of all the existing and under construction dams vulnerable to Glacial Lake Outburst Floods (GLOFs) to ensure their adequate .

Bills to amend banking, oilfield laws likely in Parliament this week

A bill to amend banking laws, another to amend the Oilfields (Regulation and Development) Act, and a third to provide for the representation of Scheduled Tribes (STs) in the Goa Assembly

Union Budget 2024-25, J&K Budget passed in Lok Sabha by voice vote

The Lok Sabha approved the Rs 48.21-lakh crore Budget for 2024-25 of the Union Government. The lower House also approved the budget of the Union Territory of Jammu and Kashmir with a voice vote. The Union Budget and Budget for J&K was passed by a voice vote by the Lok Sabha. The relevant appropriation bills were also passed by the House. Replying to the debate, Finance Minister Nirmala Sitharaman said the fiscal deficit of the central government is proposed to be brought down to 4.9 per cent of the GDP during 2024-25 and further to below 4.5 per cent by 2025-26.

Budget Session: Speaker Om Birla and TMC's Abhishek Banerjee in heated debate

Oppn indulged in politics during discussion on Union Budget. says Rijiju

Parliamentary Affairs Minister Kiren Rijiju on Thursday hit out at opposition leaders, contending they had resorted to abusing Prime Minister Narendra Modi during the debate on the Union Budget in Parliament instead of speaking on the finer aspects of the document. Addressing a press conference here, he said the manner in which some opposition leaders made their speeches amounted to insulting the House and lowering the dignity of the Budget session. "Let us respect the mandate of the people. They have given the mandate to Prime Minister Modi for the third consecutive term. If anybody tries to insult the verdict of the people, they will be punished in the elections," Rijiju told reporters here. His remarks came a day after the Opposition claimed the Union Budget was "discriminatory" against non-NDA-ruled states and accused the prime minister of running a "shaky and vulnerable" coalition government. During the general discussion on the budget for 2024-25 in the Lok Sabha on Wednesday

News updates: RBI revises domestic money transfer framework

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Budget 2024: FM Sitharaman continues with push for spiritual tourism

The government will also start a comprehensive development initiative for the city of Rajgir in Bihar, which holds immense religious significance for Hindus, Buddhists and Jains

Budget 2024: Hostels, skilling among initiatives for women in workforce

In her Union Budget 2024 speech, FM Sitharaman also said that partnerships would be created to organise women-specific skilling programmes in India

Sitharaman keeps paperless budget tradition, carries tablet in 'Bahi-Khata'

Budget 2024-25: From 'Bahi-Khata' to going paperless, Finance Minister Nirmala Sitharaman cements new traditions for the budget presentation in India

FM Sitharaman's record 7th Union Budget presentation: All you need to know

Finance Minister Nirmala Sitharaman is set to make history with her seventh consecutive Union Budget presentation today, laying out Modi 3.0's fiscal plan for the India Budget for FY25

News updates: Delhi court extends Manish Sisodia's judicial custody till July 26 in excise case

From Indian Army thwarting a major terror attack in Rajouri to Air India issuing full refunds for cancellation of flight due to Mumbai rain, catch all the latest LIVE updates here

Increased education budget led to rise in enrolment rates: Economic Survey

The survey states a rise in enrolment in higher education has been witnessed between FY15 and FY22, driven by underprivileged sections such as SC, ST, and OBC

Increased FDI inflows from China can help India push exports: Eco Survey

Increased foreign direct investment inflows from China can help increase India's global supply chain participation and push exports, says the Economic Survey. The Survey said as India looks to deepen its involvement in global value chains (GVCs), it needs to look at the successes and strategies of East Asian economies. These economies have typically pursued two main strategies - reducing trade costs and facilitating foreign investment. It added that India faces two choices to benefit from 'China plus one' strategy and that is either to integrate into China's supply chain or promote FDI from China. "Among these choices, focusing on FDI from China seems more promising for boosting India's exports to the US, similar to how East Asian economies did in the past," the Survey, tabled in Parliament by Nirmala Sitharaman on Monday, said. Moreover, choosing FDI as a strategy to benefit from the China plus one approach appears more advantageous than relying on trade. "This is because China

Monsoon session: Parliament not for 'dal' but 'desh', PM Modi tells Oppn

PM Modi says Budget will be crucial for Amrit Kaal, accuses Opposition parties of 'scuttling his voice' in last Parliament session

Finance Minister to table Economic Survey on Day 1 of Budget session today

The Economic Survey of India 2023-24, along with a statistical appendix, will be laid on the table of the Houses of Parliament on Monday. The Budget for the Union Territory of J&K on 23 July.

All-party meet ahead of Budget: 'Special category status' demands ring loud

Economic Survey to be tabled today, ahead of Budget on Tuesday. Oppn looks to put govt on the mat on issues ranging from UP order on Kanwar yatra to railway safety, reports Archis Mohan

Finance Bill apart, govt to move 5 new Bills in the Budget Session

Beginning Monday, session to have 16 sittings before concluding on Aug 12