We need to attain sustained small primary surpluses
The Finance Minister clearly mentioned that the government will rely less on market borrowings and, thereby, facilitate more credit availability for the private sector from the banking system
It is a Budget that will help empower women, said UP CM
Backed by robust collections in both direct and indirect taxes and a growing domestic demand, the finance minister asserted a strong commitment to pursuing the path of fiscal consolidation
It is conservative in its arithmetic and will help lower interest rates
In a Budget celebrating the achievements in the last decade, there are few announcements with any fiscal magnitude attached
FM promises White Paper on the economy before & after 2014
The yield on the benchmark 10-year government bond declined by 12 basis points (bps) in 2024 from 7.17 per cent to 7.05 per cent on February 1, 2024
There has been a rise in unsecured lending. The RBI has expressed concerns over lending practices
Cabinet approves marketing margins for domestic gas provided for fertiliser production
Outlay for infrastructure has been increased to Rs 11.11 trillion in FY25, gets mixed reactions from the industry
Interim Budget sticks to fiscal glide path
Read this Budget, therefore, as a declaration of victory a month before the Lok Sabha elections are announced
In her Budget speech, the Finance Minister's emphasis on critical minerals signals a government commitment to achieving self-reliance in the supply of minerals crucial for cutting-edge technology
The final report of the 15th Finance Commission had recommended the transfer of 41 per cent to the states after Jammu and Kashmir was carved out into two union territories
The Union Territory of Delhi was allocated Rs 1,168 crore in the interim budget for 2024-25 on Thursday, the same as in 2023-24, with the AAP government accusing the BJP-led Centre of meting out "step-motherly" treatment to the national capital. The transfer to Delhi from the Union home ministry included Rs 1,168 crore under the revenue head and Rs 0.01 crore under the capital head. In the 2022-23 budget, Delhi was allocated Rs 960 crore. The amount was increased to Rs 1,168.01 crore in 2023-24 and it remains the same for 2024-25. There were no grants in lieu of its share in central taxes and duties for Delhi. It was Rs 325 crore in the 2022-23 budget. The grants in return of Delhi's share in the pool of central taxes and duties were clubbed under the "central assistance to Union Territories" in the budget estimates of 2023-24 and have remained so in the interim budget for 2024-25. The allocation under central assistance to Delhi in the 2024-25 budget estimates was Rs 951 crore li
When it comes to youth, skilling has been a major focus area. The Skill India Mission has trained 14 million youth, upskilled and reskilled 5.4 million youth, shared FM Sitharaman
A large proportion of Indians still pay money from their own pockets for medical expenditure with limited insurance coverage
In comparison, Larsen & Toubro, Maruti Suzuki, and Bajaj Auto have seen strong double-digit growth in net sales and net profit. fuelling a rally in their share prices
"For our tech-savvy youth, this will be a golden era," Sitharaman said