NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said the fiscal deficit for 2024-25 is estimated at 4.9 per cent of GDP. Presenting the Union Budget for 2024-25, she said the government aims to reach a 4.5 per cent fiscal deficit in 2025-26. The finance minister said gross and net market […]
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, […]
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 […]
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 […]
NEW DELHI: The government on Tuesday proposed a central assistance of Rs 2.2 lakh crore for urban housing over the next five years as well as an interest subsidy scheme to facilitate loans at affordable rates for urban housing works. The announcements were made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25. […]
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 […]
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 […]
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 […]
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 DELHI: The Union Budget for 2024-25 will provide Rs 1.48 lakh crore for education, employment and skilling in the country. Presenting the Budget in the Lok Sabha, Finance Minister Nirmala Sitharaman said it will focus on employment, skilling, MSMEs and the middle class. She added that the government has extended the PM […]