Finance Minister Nirmala Sitharaman on February 09 drew parallels between the 2010 Commonwealth Games and 2023 G20 Summit. Nirmala Sitharaman highlighted the scandals that happened during the Commonwealth Games and said that India was mocked all across the world. She also said that on the other hand, India’s G20 presidency under Prime Minister Narendra Modi’s regime was a success and the countries across the world heaped praises for India.
10 February,2024 01:01 PM IST | Mumbai
As the interim budget for the financial year 2024-25 was rolled out on February 01, President of the US-India Business Council (USIBC) Atul Keshap lauded US and India governments for their focus on iCET sectors and budget. Atul Keshap said, “First of all, I think this is a very confident, very sober and very pro-growth budget by the government of India, and I think it signals a real sense of optimism about the economic growth of the country. It sends a very strong signal to investors about the constancy of government policy. So I think it's very positive. And I congratulate the Finance Minister, her entire team and the government.” “So it actually details really nicely with iCET (Initiative on Critical and Emerging Technology), which is the initiative on critical and emerging technologies that the two governments and the US chamber launched in January of 2023. So first, for instance, there's a $12 billion fund to help develop these so-called sunrise sectors of deep tech and future tech. And there's a lot of money as well on semiconductors. I think the government of India is showing great focus on artificial intelligence, quantum computing and other iCET sectors. I led an aerospace and defence mission last week, or rather this week, to Delhi, and we had really good and encouraging meetings. So I really applaud both the US and Indian governments for their focus on the iCET sectors and this budget. It proves that that focus is backed by real money,” he added.
02 February,2024 12:30 PM IST
Prime Minister Narendra Modi hailed the Interim Budget 2024 presented by Union Finance Minister Narendra Modi and said the budget is just like a sweet spot. PM Modi also highlighted that the budget presented the Nirmala Sitharaman caters to the four pillars of Viksit Bharat. Various political leaders also reacted to the budget. Congress MP Shashi Tharoor labelled it as one of the shortest speeches on record in the Budget and termed it disappointing. Defence Minister Rajnath Singh mentioned it as an encouraging budget and said that the government is fully confident of achieving the target of becoming a developed nation by 2047. Congress MP Manish Tewari said that it is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year.
01 February,2024 03:10 PM IST
Union Finance Minister Nirmala Sitharaman on March 04 attended a panel discussion at Raisina Dialogue 2023. While talking about the economic strategy of the Modi Government, Nirmala Sitharaman made a clear statement that there is no contradiction between the two policies of internationalisation and Atmanirbhar Bharat. “There is no contradiction at all. Atmanirbhar Bharat when it was announced was a reformed measure, where the country's foreign exchange should be spent for imports which are so required for your manufacturing as raw material or as an intermediary. We will still continue to import. There are no duties levied on them. But we have stopped goods which are flooding the market,” said Nirmala Sitharaman. “Atmanirbhar Bharat is not to be misunderstood as a protectionist measure. It was protectionist to the extent that if you have consumer goods, which are finer products and manufactured in India, I need to save those units,” she further added. #NirmalaSitharaman #Athmanirbharbharat #RaisinaDialogue
04 March,2023 08:27 PM IST
Prime Minister Narendra Modi gave his remarks on the Union Budget 2023. Finance Minister Nirmala Sitharaman presented the budget today in the parliament. The Finance Minister took a digital tablet, wrapped in a traditional ‘bahi-khata’ pouch to the parliament. This is the FMs fifth straight Budget presentation, which will also be the last for the current Narendra Modi government ahead of the 2024 general elections.
02 February,2023 03:43 PM IST | Mumbai
Finance Minister Nirmala Sitharaman presented the budget today in the parliament. The Finance Minister took a digital tablet, wrapped in a traditional ‘bahi-khata’ pouch to the parliament. This is the FMs fifth straight Budget presentation, which will also be the last for the current Narendra Modi government ahead of the 2024 general elections. Here are the highlights from the Union Budget 2023.
02 February,2023 11:15 AM IST | Mumbai
Budget 2023
While presenting the budget, Finance Minister Nirmala Sitharaman made a big announcement about the personal income tax for the ‘hardworking middle class’. Currently, those with an income of Rs 5 lakhs do not pay any income tax. The Finance Minister proposed to increase the rebate limit to Rs 7 lakhs in the new tax regime. She also made several other announcements related to the tax structure, the benefit of the standard deduction, the current tax rate, and tax exemption.
01 February,2023 05:58 PM IST
Finance Minister Nirmala Sitharaman stepped out of North Block and headed towards Rashtrapati Bhavan in New Delhi as she gears up to present the 2023 Union Budget. The Finance Minister took a digital tablet, wrapped in a traditional ‘bahi-khata’ pouch. Sitharaman, India's first full-time woman Finance Minister, ditched the colonial legacy of Budget briefcase and carried a digital tablet, starting from 2019. Union budget 2023-24 will also be paperless like the previous ones. Prime Minister Modi, along with other cabinet ministers also arrived in the parliament ahead of the union budget 2023. This is the FMs fifth straight Budget presentation, which will also be the last for the current Narendra Modi government ahead of the 2024 general elections.
01 February,2023 02:30 PM IST | Mumbai
Union Finance Minister Nirmala Sitharaman presents the first budget of ‘Amrit Kaal’. This is Sitharaman's fifth Budget presentation since 2019."The Indian economy is on the right track and heading towards a bright future," she said in her Budget 2023 speech.
01 February,2023 02:23 PM IST | Mumbai
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in the Parliament on January 31, a day ahead of Union Budget which will be presented by her on February 1. The Survey for 2022-23 has projected India’s GDP growth for the next fiscal 2023-24 in a range of 6-6.8 percent
31 January,2023 08:43 PM ISTADVERTISEMENT
