Congress leader Sachin Pilot criticized the budget speech presented in the state assembly by the BJP government on Thursday, terming it a "misleading budget" contrary to public expectations.
Rajya Sabha on Thursday passed and returned the Finance Bill,2024 and the relevant appropriation bills marking the end of the interim budget exercise in Parliament with Finance Minister Nirmala Sitharaman stating that public investment in infrastructure gives greater returns and governmen
Lok Sabha on Wednesday passed the Finance Bill, 2024, marking the end of the interim budget exercise in the House with Finance Minister Nirmala Sitharaman seeking to allay apprehensions of opposition parties on tax devolution to some states and assuring that the government will fulfil wha
Addressing concerns regarding inflation, Sitharaman highlighted a decline in retail inflation, which dropped from an average of 6.8 percent in April-December 2022 to 5.5 percent during the corresponding period in 2023. She noted that retail inflation had stabilized within the notified tol
"The white paper will turn into a white elephant. White paper means you can specify the number of jobs given. Where have you reached? So this isn't white paper but a white elephant just before the elections." said RJD leader Manoj Jha.
"There is no reason to protest against this (Union) government. They (Congress) have lost confidence, and they are going to lose miserably in the next elections. That's why they are resorting to these theatrics," Yediyurappa said.
US-India Strategic Partnership Forum (USISPF) has commended the Interim Budget 2024 and said that with no major policy pronouncements in an election year, it represents a "welcome statement of responsible fiscal management."
Fitch Ratings highlights that these targets align closely with their assumptions when affirming India's rating at 'BBB-' with a Stable Outlook in January.
India's interim Budget presented last week pointed to a slightly faster pace of consolidation in the next two fiscal years than was previously expected, and it reinforced its commitments to raise capital investment, said Fitch Ratings.