"I think there are four parts to this budget. The first part of the budget recounts all the achievements that the government has made since 2014 and lays down that this is the kind of direction in which the government has intended to go. So whether it is housing, agriculture, infrastructu
"The budget is very reflective of inclusive growth. It is reflective of the confidence of the government that will come into the long-term budget. It believes in micro-economic fundamentals. It believes in bringing financial discipline, no populism, and ensuring capex expenditure. It believe
"...Overall, that is how I would assess it - judicious on the fiscal front, non-populace because it is more of the same and visionary because many other steps on innovation and CapEx etc." said KV Subramanian - Executive Director of the IMF and former Chief Economic Advisor to the Government
The government will lay a 'White Paper' on the table of the Parliament to look at where the country was till 2014 and where it is now, to draw lessons from the "mismanagement of those years".
In a bid to boost the fisheries sector, Union Finance Minister Nirmala Sitharaman in her Budget speech on Thursday announced setting up five integrated aquaparks.
"The government of India established 3000 new ITIs. A large number of new institutions of higher learning, namely 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS and 390 universities, have been set up." added the Finance Minister.
Empowerment of women through entrepreneurship, ease of living, and dignity for them has gained momentum in ten years of the Modi government, Finance Minister Nirmala Sitharaman said on Thursday and noted that 83 lakh SHGs with nine crore women are transforming the rural socio-economic lan
Finance Minister Nirmala Sitharaman, in her Budget speech today, said that through rooftop solarization, one crore households will be enabled to obtain up to 300 units of free electricity every month.
"The Interim Budget has stuck to the winning formula that I think the current government has figured out - fiscal restraint with welfarism and growth...So, overall it is a 10/10 budget. It is just an interim budget, the actual budget will be presented after the election but they want to sti
As expected and in relief for the citizens, the central government neither tweaked nor put any additional tax burden on citizens, in the interim Budget for 2024-25 tabled by Union Finance Minister Nirmala Sitharaman.
"The immediate reaction would be the consolidation of the fiscal deficit. Our recommendation initially was a 5.4% fiscal deficit, but it's now 5.1%, which is a very significant step forward, but at the same time, does not sacrifice the focus on growth. So the capex spend has increased by
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP).