Asia is on track to again deliver two-thirds of global growth in 2024, as it did in 2023, said Krishna Srinivasan, Director of the IMF's Asia and Pacific Department. At a press conference on the Regional Economic Outlook, the IMF official said the news on the inflation front has also been
As the interim budget for the financial year 2024-25 was rolled out on Thursday, the President and CEO of the US-India Strategic Partnership Forum (USISPF) Mukesh Aghi said that it is a very responsible budget and it focuses on continued economic growth story for India.
The government presented the interim budget for 2024-2025 in Parliament on Thursday with focus on economic policies that foster growth, facilitate inclusive development, improve productivity, create opportunities for various sections while noting that it will pay utmost attention to easte
Reacting to the interim budget for 2024-2025, presented by Union Finance Minister Nirmala Sitharaman, Banerjee said over the last three years, India has seen the budget enabling a strong growth rate in the coming year and much beyond.
"I think it is all in all very encouraging budget and the government has managed with the spend of eleven lakh crores still to contain both the fiscal deficit and the revenue deficit. Because these are critical for India's rating globally and for the cost of funding for indian industry and f
The minister also said that the Government will form a high-powered committee for an extensive consideration of the challenges arising from fast population growth and demographic changes
"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