According to a press release by the Ministry of Finance, India's inflation remains low and stable, progressing towards the 4 per cent target, with core inflation (excluding food and fuel) at 3.1 per cent. Measures are being taken to ensure adequate market supply of perishable goods.
"This budget clearly shows that this government has neglected 140 crores of people to appease two people (BJP allies) so that their the government is saved. This budget is more for the happiness of two of their friends."
Union Minister of Commerce and Industry Piyush Goyal on Tuesday said that the Budget 2024-25 reflects the budget for New India and the nine priorities figured out by the Finance Minister will ensure that country becomes the third-largest economy in the world.
While the budget has been noted for its focus on infrastructure development, employment generation, and support for spiritual and cultural tourism, it has received a mixed reception from the hospitality and tourism sector.
"The Union Budget 2024-25 is an effort towards the journey of Viksit Bharat, fortifying the sectors which will help achieve the target," Adhikari said in a post on 'X'.
West Bengal CM Mamata Banerjee on Tuesday slammed the Union Budget 2024-25 by calling it politically motivated, directionless, anti-people, and lacking vision.
Finance Minister Nirmala Sitharaman presented her record seventh consecutive Union Budget 2024-25 today (on July 23) during the Budget Session of Parliament.
Union Home Minister Amit Shah praised the first Budget of the Modi 3.0 government that was presented by Finance Minister Nirmala Sitharaman on Tuesday, saying that the pro-people and pro-development visionary Budget 2024-25 fuels the nation's pace in emerging as a developed nation.
The Indian benchmark indices experienced significant volatility as Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 under the Modi 3.0 government on Tuesday.
The Union Budget 2024-25, presented in Parliament today by Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs strongly signalled the government's commitment for enhancing women's role in economic development.