Chennai (Tamil Nadu) [India], February 1: The Indian Pump Manufacturers Association (IPMA) has hailed the Union Budget 2025-26 as a progressive and forward-looking financial plan that will significantly benefit the pump manufacturing sector.
Airline operators have hailed the Union Budget 2025-26, with the government putting an additional thrust on the ever-growing domestic civil aviation sector.
JD(U) MP Sanjay Kumar Jha hailed Budget announcements as a major boost for Bihar, citing a new greenfield airport, Makhana Board, Western Kosi irrigation system, food-processing institute, and taxation relief up to Rs 12 lakhs.
According to an official release, this allocation is 9.53 per cent more than the Budgetary Estimate of FY 2024-25 and stands at 13.45 per cent of the Union Budget, which is the highest among the Ministries.
This marks a minor 0.9 per cent increase over last year's Budget Estimate of Rs 11.11 lakh crore, but if compared with revised estimate of 2024-25 at Rs 10.18 lakh crore, the budget estimate of 2025-26 is substantially higher.
In a significant move to provide relief to patients battling severe chronic ailments, Finance Minister Nirmala Sitharaman has announced the expansion of the list of lifesaving drugs and medicines fully exempted from Basic Customs Duty (BCD) in the Union Budget 2025-26.
Chandigarh [India], February 1: The Faculty of Economics at Chitkara Business School, Chitkara University, hosted the National Colloquium on Union Budget 2025-26, a two-day event designed to foster dialogue on India's economic future. The colloquium provided a platform for scholars, experts,
She said, "Modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations and carry 4 crore additional passengers in the next 10 years."
Congress leader Jairam Ramesh on Saturday took a swipe at the BJP-led government over the Civil Liability for Nuclear Damage Act, 2010, alleging that the party had earlier "sabotaged" the law and is now planning to amend it to "appease" former US President Donald Trump.
Presenting the Union Budget, Finance Minister Nirmala Sitharaman on Saturday pegged the fiscal deficit target at 4.4 per cent of GDP for the financial year 2025-26.
She said, "This budget is dedicated to accelerating growth, driven by our aspirations for a 'Viksit Bharat.' Our economy remains the fastest growing among all major economies."
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, outlining key priorities to accelerate economic growth, ensure inclusive development, support industries, and enhance household sentiment.