Sitharaman tore into UPA accusing it of economic mismanagement during the 2008 global financial crisis, saying the Congress put the "first family first" and brought the economy down to 'fragile five.
Sitharaman in her Interim Budget speech had announced that the government will come out with a white paper on the economy outlining the economic mismanagement in the 10 years of UPA rule till 2014.
The central government had announced in the union budget presented on February 1 that it will come out with a 'White Paper' to compare the economic performance of 10 years of the Congress-led UPA government with that of 10 years of the BJP-led NDA government.
Nirmala Sitharman on White Paper: The budget session started with the address by President Droupadi Murmu to the joint sitting of two Houses on January 31.
In her interim Budget speech, Finance Minister Nirmala Sitharaman had said the central government would table the 'White Paper'. She will table it in both Houses -- Rajya Sabha and Lok Sabha. With Congress' Black Paper, the economy took centre stage ahead of crucial Lok Sabha elections.
FM Sitharamam said that despite exceptional circumstances arising from pandemic, which depressed central revenues, the Karnataka govt will be getting substantially more as devolution during first five years of the 15th Financial Commission period than in the 14th Financial Commission period.
Shares of One97 Communications opened at Rs 461.30, surpassing the previous day's closing price of Rs 451.60.
The Reserve Bank of India issued a directive on January 31, which mandated an immediate halt to the onboarding of new customers by Paytm Payments Bank and called for a cessation of its key banking services post-February 29.
The India TV Fact Check team has clarified that the video is outdated and unrelated to Sitharaman's recent presentation of the interim budget on February 1, 2024.
The equity support was intended to aid the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation in their energy transition projects.
India's number one and most followed Super Prime Time News Show, ‘Aaj Ki Baat-Rajat Sharma Ke Saath' was launched just before the 2014 general elections.
As per the First Advance Estimates of National Income of FY 2023-24, presented along with Finance Minister’s speech, India’s Real GDP is projected to grow at 7.3 per cent. This is also in line with the upward revision in growth projections for FY2023-24 by the RBI from 6.5 per cent to 7 per cent.
This year, the University Grants Commission (UGC) saw a reduction in funding by over 60 per cent while the allocation for Indian Institutes of Management (IIMs) has been slashed for the second consecutive year. The budget for school education has been increased by over Rs. 500 crore.
While presenting the pre-election budget 2024, the Union Finance Minister Nirmala Sitharaman emphasized on women's empowerment and said that entrepreneurship, ease of living, and dignity have gained momentum over the last decade.
The domestic market expressed marginal disappointment due to lower-than-expected infra spending in the interim budget. However, the government's commitment to fiscal prudence, aiming for a fiscal deficit of 5.1% for FY25BE, is anticipated to enhance economic ratings.
Budget 2024 unveils big plans for Lakshadweep tourism with major investments. Dive into Sitharaman's speech for details on boosting beaches, tourism sector, employment and more!
Finance Nirmala Sitharaman presented the Interim Union Budget 2024-25 in Parliament on Thursday. People can check out the full details of the interim budget using 'Union Budget' App on iOS, Android platforms.
Ahead of the upcoming Lok Sabha elections, Union Finance Minister Nirmala Sitharaman presented the interim Budget in Parliament. Scroll down to read allocations for different ministries.
Ahead of the upcoming Lok Sabha elections, Union Finance Minister Nirmala Sitharaman presented the interim Budget in Parliament. Scroll down to read what the Budget has for the defence sector.
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