Presenting the Union Budget, Finance Minister Nirmala Sitharaman has pegged fiscal deficit at 4.3 per cent of the GDP for the year 2026-27, as against 4.4 per cent being targeted in 2025-26.
Union Finance Minister Nirmala Sitharaman on Sunday announced three new All India Institute of Ayurveda in line with the objective of meeting global demand for Ayurvedic medicine.
Finance Minister Nirmala Sitharaman on Sunday announced the launch of India Semiconductor Mission (ISM) 2.0, with a Rs 40,000 crore outlay, aiming to boost the country's semiconductor ecosystem. This initiative focuses on producing equipment and materials, designing full-stack Indian inte
Sitharaman who speaking while presenting the Union Budget 2026-27, mentioned that the main purpose of 'Mahatma Gandhi Handloom Scheme' is to strengthen khadi, handloom, and handicraft sectors.
For the labour-intensive textile sector, Finance Minister Nirmala Sitharaman proposed an integrated programme with key components. The Minister emphasised that the first pillar of her plan, the National Fibre Scheme, is aimed at "achieving self-reliance in natural fibres like silk, wool,
The Finance Minister of India, Niramala Sitharaman, has proposed to introduce a dedicated 10,000 crores SME growth fund to create future jobs, incentivising enterprises based on select criteria. She stated that the government recognises MSMEs as a vital engine of growth, and proposes a th
Leader of Opposition in Lok Sabha, Rahul Gandhi, on Sunday demanded a parliamentary debate on air pollution, asking the government to ensure "enough money" in the Union Budget to tackle the issue.
Union Finance Minister Nirmala Sitharaman on Sunday proposed 'rare earth corridors' for mineral-rich states, including Odisha, Kerala, Andhra Pradesh and Tamil Nadu.
Highlighting the economic performance of the NDA government, Sitharaman said India's economic trajectory since 2014 has been marked by stability, fiscal discipline and sustained growth.
The Government had approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet' with a financial outlay of Rs 7,280 crore. The scheme aims to establish 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity in India, covering the full chai
Finance Minister Nirmala Sitharaman has proposed to push India's biopharma sector under a Bio Pharma Shakti programme with an allocation of Rs 10000 crore for the next 5 years.
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget in Parliament on Sunday, said the government has proposed targeted interventions in six areas to accelerate and sustain economic growth.