Union Finance Minister Nirmala Sitharaman made major announcements for Bihar and Andhra Pradesh on Tuesday, including a boost in infrastructure and special financial support.
"A new sunrise for Andhra Pradesh I am extremely delighted and grateful for the Union Finance Minister's announcements today in the Budget. These will go a long way towards helping AP achieve its development and social objectives," Lokesh said in a post on 'X'.
Independent Member of Lok Sabha from Bihar, Pappu Yadav, has criticised the announcements made for Bihar in the Union Budget 2024, questioning the promises of job creation and addressing migration issues from the state.
Telugu Desam Party leader Somireddy Chandramohan Reddy expressed his delight and welcomed the announcement of the Union Budget by Finance Minister Nirmala Sitharaman on Tuesday.
Union Finance Minister Nirmala Sitharaman on Tuesday made major announcements for Bihar and Andhra Pradesh including boost in infrastructure and special financial support.
The Sensex rose by 173.80 points, opening at 80,675.88, while the Nifty climbed 51.95 points, starting the day at 24,561.20. Out of the Nifty companies, 40 showed advances, while 9 registered declines.
"Three important announcements are needed for farmer welfare in the budget - 1. Legal status to MSP 2. MSP is decided on the basis of Swaminathan formula 3. Loan waiver for farmers," Ramesh said in a post on 'X'.
Indian markets started the week with a decline following global market weakness after U.S. President Joe Biden opted out of the presidential race. Indian markets are also facing selling pressure ahead of the Union Budget announcement by the government.
As the highly-anticipated Union Budget week is going to commence today, investors' sentiments in the equity market will be driven by the announcements made by Finance Minister Nirmala Sitharaman.