Union Finance Minister Nirmala SItharaman went all guns blazing against the Congress in Lok Sabha highlighting the 2008 MoU signed between Congress during the UPA government and with Chinese Communist Party, details of which remain secret till now. Demanding answers, the Finance Minister cornered Congress.
10 February,2024 01:37 PM IST | Mumbai
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
A heated debate was witnessed in the Lower House of the Parliament during the Budget Session. During the question hour in the Lok Sabha, Congress leader Adhir Chowdhury asked Sitharaman the reason behind the "indiscriminate and arbitrary attitude" of the Centre towards Karnataka. Finance Minister Nirmala Sitharaman on February 05 dismissed Congess’ Adhir Chowdhury’s claims of ‘partiality’ with the non-BJP ruled states. Ms Sitharaman responding to the same explained that "devolution to states... happens as per Finance Commission recommendation", and that she had no "discretion" in allocation of tax revenues. This discussion was happening around the Interim Budget presented by the Finance Minister Nirmala Sitharaman on February 1st.
05 February,2024 03:20 PM IST
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
Union Finance Minister Nirmala Sitharaman on February 01 said the concept of social justice was used as a political slogan in the previous governments, however, today the BJP-led Central government has adopted the idea of social justice into its governance adding that the policies of the Centre has brought "secularism into action, reduced corruption, and prevented nepotism". "This is secularism in action, reduces corruption, prevents nepotism," Finance Minister Nirmala Sitharaman said while presenting the Interim Budget 2024 in Lok Sabha. "Social Justice was largely a political slogan. For our government, social justice is an effective and necessary governance model !! The saturation approach of covering all eligible people is the true and comprehensive achievement of social justice," Nirmala Sitharaman added.
02 February,2024 11:02 AM IST | Mumbai
Union Finance Minister Nirmala Sitharaman on 1st February, presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her Interim budget 2024 speech, she highlighted the Government’s vision for ‘Viksit Bharat’ and plans to achieve the same looking ahead at ‘Amrit Kaal’ of 2047. She said, "Our government will adopt economic policies that foster and sustain growth, facilitate inclusive and sustainable development, improve productivity, create opportunities for all, help them enhance their capabilities and contribute to generation of resources to power investments and fulfil aspirations...". In her speech, to address fervour for domestic tourism, the finance minister announced floating projects for port connectivity, tourism infra & amenities on islands including Lakshadweep. For further growth of the agriculture sector, the government has pitched to further promote public & private investment in post-harvest activities.
01 February,2024 03:30 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 presented the Union Interim Budget 2024-25 today. 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. Union Minister VK Singh said “Everything will be for 'Vikshit Bharat'...everything has been discussed in the budget to strengthen the economy...". From the opposition MP’s to the ruling government leaders, here’s how the political leaders reacted to the Interim Budget announcement.
01 February,2024 01:31 PM IST
Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her interim Budget 2024 speech, she announced that there will be no change in the tax structure. “I do not propose to make any changes relating to the taxation and propose to retain the same tax rates for direct and indirect taxes including import duties”. Finance Minister Nirmala Sitharaman said in her interim Budget speech. She announced proposals for making improvements in the tax-payers services for ensuring ease in living and ease of business. She also proposed to withdraw all pending tax demands up to ₹25,000 till 2009-10 and ₹10,000 till 2014-15; benefiting 1 crore tax payers.
01 February,2024 01:00 PM IST
Union Finance Minister Nirmala Sitharaman is presenting the Union Interim Budget 2024-25. This is her 6th consecutive budget presentation. Nirmala Sitharaman kickstarted her Interim Budget 2024 speech by highlighting the positive transformation in the last 10 years under the Modi Government. The finance minister underlined Skill India Mission, the idea of ‘Viksit Bharat’ and enhancing real income in the rural areas and empowering the poor. Watch her latest budget speech here.
01 February,2024 11:54 AM ISTADVERTISEMENT
