Union Finance Minister Nirmala Sitharaman presented the 8th Union Budget 2025-26 today in the parliament, marking various significant announcements. While presenting the budget 2025, she said that the number of students in 23 IITs has increased by 100 per cent from 65,000 to 1.35 lakh in 10 years.
Union Budget 2025: Union Finance Minister Nirmala Sitharaman will present the budget for the next fiscal year on February 1. Two years ago, she had started laying extra emphasis on capex and infra spending. The RBI MPC member Nagesh Kumar urged to continue with that momentum.
NPS Vatsalya Scheme: The Union Finance Minister will also launch an online platform for subscribing to NPS Vatsalya, release of scheme brochure, and distribute Permanent Retirement Account Number (PRAN) cards to new minor subscribers.
Nirmala Sitharaman US visit: Later, Sitharaman will depart for Washington. During her stay, FM will be attending the 2023 Spring Meetings of the World Bank and the International Monetary Fund.
The minister assured them that the government can do more for the middle class as its population is growing and has become sizeable now.
Sitharaman on student growth: Sitharaman at an event here said India's higher education was no less when compared to global universities and people who have studied in Indian universities were the second largest contingent when it comes to managing the best of companies around the world.
Sithraman on inflation: Retail inflation touched a high of 7.79 per cent in April this year since then it is on a downward trajectory. According to official data, retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level.
According to the Ministry of Commerce and Industry, the BRAP report includes 301 reform points that cover 15 business regulatory areas such as access to Information, single window system, labour, environment, sectoral reforms and other reforms spanning across the lifecycle of a typical business.
Union Finance Minister Nirmala Sitharaman, Congress' chief spokesperson Randeep Surjewala and senior leader Jairam Ramesh were among the eight candidates that were elected to the from Karnataka and Rajasthan, while counting got delayed in Maharashtra and Haryana amid wrangling by rival parties over alleged breach of voting rules.
Taking objection to her remarks, Chidambaram stated, “Regrettably, the FM thinks that the average Indian has below-average intelligence in understanding numbers relating to finances.”
GST Council meet holds importance ahead of Union Budget which is presented on 1st day of February by Finance Minister in Parliament.
Having done 2 rounds of bank consolidation earlier, the Central govt in 2019 decided to merge 6 disparate and weak PSBs into four in one stroke.
The former finance minister attacked the Central government over the GDP numbers.
Announcing Budget 2021, Finance Minister Nirmala Sitharaman said this year's budget was based on 6 pillars to ensure the overall development of the country.
Andhra Pradesh has emerged as the best state in ease of doing business ranking, retaininig its top position in the ranking of states and union territories (UTs) based on the implementation of the business reform action plan, according to a report released by Finance Minister Nirmala Sitharaman on Saturday.
Finance Minister Nirmala Sitharaman on Sunday said around 12 lakh members of the Employees' Provident Fund Organisation (EPFO) withdrew Rs 3,360 crore retirement savings during the coronavirus-induced lockdown.
Finance Minister Nirmala Sitharaman on Sunday said around 12 lakh members of the Employees' Provident Fund Organisation (EPFO) withdrew Rs 3,360 crore retirement savings during the coronavirus-induced lockdown.
Finance Minister Nirmala Sitharaman on Sunday said that the government has raised the borrowing limit of states from 3 per cent of Gross State Domestic Product to 5 per cent in 2020-21. This will add an extra availibility of Rs 4.28 lakh crore for the states.
Announcing the fifth and final tranche of government's Rs 20 lakh crore economic stimulus package, Finance Minister Nirmala Sitharaman on Sunday said that the government has allocated additional Rs 40,000 crore over and above Rs 61,000 crore budgeted for MGNREGA to generate more jobs.
As the country battles coronavirus pandemic, Finance Minister Nirmala Sitharaman has announced Rs 3 lakh crores collateral-free automatic loans for Micro Small Medium Enterprises (MSME) sector
Top News
Latest News
