The additional installment of funds is part of a broader fiscal strategy outlined in the Interim Budget for 2024-25, which has allocated Rs 12,19,783 crore towards the devolution of taxes to states.
He added, "In the last ten years, the kind of governance we saw was my way or the highway, demonetise the currency and don't even consult the cabinet and your Finance Minister."
In her post, Sitharaman highlighted, "It is worthwhile to note that the Manufacturing sector witnessed a significant growth of 9.9 per cent in 2023-24, highlighting the success of the Modi government's efforts for the sector. Many high-frequency indicators indicate that the Indian economy
The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
The government is committed to harnessing cutting-edge technology, enhancing transparency, and pursuing ongoing reforms to lay a strong foundation for a Viksit Bharat, said Union finance minister and BJP leader Nirmala Sitharaman, amidst the Lok Sabha polls.
A day after the Election Commission of India directed the Congress to not "politicize" the defence forces by commenting on matters like agniveer, Senior Congress leader and former finance minister P Chidambaram, on Thursday said that the poll body is wrong in giving such directions, adding t
The per capita income of the people of the Bihar would have more than doubled had there been no mis-governance during the Lalu Yadav-led RJD government, Union finance minister and senior BJP leader Nirmala Sitharaman said on Tuesday, as she addresses a press conference in Patna during the