The Indian economy under Prime Minister Narendra Modi has witnessed a profound transformation in the last 10 years when the government took several pro-people reforms that were structural, said Union Finance Minister Nirmala Sitharaman, as she rose to present the interim Budget for 2024-25.
"We are asking for continuity. We are asking for the focus on CapEx and the infrastructure, which has happened very well in the past, to continue. We are recommending a 20% increase in CapEx spending, with Rs 12 lakh crore to be spent on infrastructure. We are also looking at giving direc
"I think infrastructure has to be the key focus. India has been lagging in infrastructure and in the last couple of years we have seen that this government has put in a lot. We have seen a lot of projects that have come to fruition this year itself and any more that are in the pipeline will
"In PM Kisan, it should be increased to about 8000; apart from this, something can be done for the females. As we have seen in the report of the Chief Economic Advisor, which came recently, the labour force participation rate is quite good, and so it should be encouraged further. Some ste
On Thursday, Union Finance Minister Nirmala Sitharaman will table the interim budget before the country heads for Lok Sabha polls later this year. This will be her sixth Budget as the Finance Minister and last in the second term of the Modi government.
The Indian economy is projected to grow close to 7 per cent in the financial year 2024-25 that starts this April, said the Ministry of Finance in its monthly review report.
The Indian economy is poised to touch USD 5 trillion next financial year - 2024-25 - and capitalise to double to USD 10 trillion by the end of this decade, said Union Petroleum Minister Hardeep Puri.
Firm GDP growth forecasts, inflation at manageable levels, political stability at the central government level, and signs that the central bank is done with their monetary policy tightening have painted a bright picture for the Indian stock market.
Union Minister Ashwini Vaishnaw on Thursday asserted that every major industry in India got boosted because of the massive physical infrastructure push that the current government in New Delhi is particularly focused on.