Budget provides Rs. 2.66 lakh crore for rural development

NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday announced that Rs. 2.66 lakh crore has been allocated for rural development, including rural infrastructure.   She also said that three crore additional houses will be constructed under the PM Awas Yojana in rural and urban areas.   Presenting the Budget for 2024-25 in the Lok Sabha, […]

Govt to hold consultation with states on land reforms: FM

NEW DELHI: The government will hold consultations with states on land reforms, Finance Minister Nirmala Sitharaman said on Tuesday.   Presenting the Budget for 2024-25, Sitharaman said that land records in urban areas would be digitised to help improve the finances of urban bodies in the country.   Further, she said that the government will […]

Union Budget: Centre to boost water, waste management in 100 large cities

NEW DELHI: The Centre along with states and multilateral development banks will promote water supply, sewage treatment and solid waste management projects and services in 100 large cities through bankable projects, Finance Minister Nirmala Sitharaman said on Tuesday.   Presenting the Budget in the Lok Sabha, she said these projects will also envisage use of […]

Govt to come out with document on energy transition pathway: Sitharaman

    NEW DELHI: The government will come out with a document on energy transition pathway, Finance Minister Nirmala Sitharaman said on Tuesday.   A policy to support pump storage projects will be brought to provide round-the-clock energy, she said while presenting Budget for 2024-25 in the Lok Sabha.   The finance minister said state-owned […]

Former Pak PM Imran Khan & wife move court seeking jail amenities in line with ‘international standards’

ISLAMABAD: Jailed Pakistan prime minister has moved a top court here to get jail amenities in line with international standards for him and his wife, according to a media report on Tuesday.   Geo News reported that Khan and Bushra Bibi filed the petition at Islamabad High Court on Monday to seek “high-quality facilities” at […]

Changes will be made to IBC to strengthen tribunals: FM

NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said appropriate changes will be made to the Insolvency and Bankruptcy Code (IBC) and steps will be taken to strengthen tribunals in the country.   She also proposed integrated technology platform for improving outcomes under the Code, besides additional debt recovery tribunals to be set up in […]

Union Budget comes out with measures to boost MSME sector

NEW DELHI: The government will come out with a credit guarantee scheme for MSMEs to facilitate term loans without collateral or third party guarantee, Finance Minister Nirmala Sitharaman said on Tuesday.   Presenting her seventh straight Union Budget, she also said that public sector banks to build in-house capability for credit assessment of MSMEs.   […]

New centrally-sponsored scheme to skill 20 lakh youth over 5 years

    NEW DELHI: The government on Tuesday announced a new centrally-sponsored scheme for skilling 20 lakh youth over the next five years.   The announcement was made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.   The minister said that model skilling loan scheme will be revised to facilitate loans up to […]

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