The finance minister said West Bengal will see highway projects worth Rs 25,000 crore. Road projects worth Rs 3,400 crore will be undertaken in Assam and Rs 65,000 crore in Kerala.
The 30-share Sensex was trading 929.54 points or 2.01 per cent higher at 47,215.31; and the broader Nifty surged 260.05 points or 1.91 per cent at 13,894.65.
A portal will be set up to collect data on gig & platform workers, building & construction workers, among others to provide them benefits like health, credit, food and others.
The Finance Minister also said city gas distribution network, providing CNG to automobiles and piped cooking gas to households, will be expanded to 100 more districts.
Nirmala Sitharaman said 1,000 mandis will be integrated with electronic national market and agriculture infrastructure fund would be made available to APMCs.
The projects would be undertaken through public-private partnership mode, Nirmala Sitharaman said in her Budget speech. Currently, India has 12 major ports under central govt control.
Govt to discontinue practice of Food Corporation of India borrowing from National Small Savings Fund for food subsidy — a means used to hide the true extent of fiscal deficit.
Finance Minister Nirmala Sitharaman proposed to amend the Insurance Act 1938 to allow this increase and allow foreign ownership and control with safeguards.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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