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Tuesday, July 22, 2025
TopicBudget 2024

Topic: Budget 2024

Pilot project of PM’s internship scheme offers 1.25 lakh jobs in 2024-25; target 1 cr in next 5 yrs

The Ministry of Corporate Affairs said these internships will be at India’s top 500 companies, based on their corporate social responsibility expenditure over the last 3 years.

A new, important disclosure in 2024 Budget went unnoticed. It conveys caution to future govts

The message of caution is necessary because govts in the past have often shown a tendency to indulge in fiscal jugglery to hide the actual extent of their fiscal deficit.

India’s fiscal imbalance isn’t a North vs South problem. Here’s what lies at the ‘centre’ of it

India has a large vertical fiscal gap, which has been increasing. The reason is that while the Constitution assigns the most buoyant taxation powers to the Union, it allocates more spending responsibilities to the states.

Nobody knows what Narendra Modi is thinking. Surely, he must sense the tide is turning

As the discontentment mounts, the crucial question remains: what is the PM thinking? He is a shrewd politician so he must have a long-term strategy. But no one can figure out what it is.

Govt’s Rs 1000 cr fund for space sector has drawbacks. It should bet on outcomes, not ideas

Government as an anchor customer provides a stable source of demand for space-based services, reducing uncertainties in the market. It can boost investor confidence in the Indian space sector, attracting investments from home and abroad.

Our take on UPSC aspirants’ death & delay in Tejas jets delivery — in 50 words

ThePrint view on the most important issues this week.

After uproar over hike in Budget, govt reverts to 10% customs duty on lab chemicals, with 1 condition

The condition is that importers now have to give an undertaking that they will only supply labs. How this affects the supply chain remains to be seen.

After 10 years, Modi has accepted the Indian political consensus: ignore the middle class

The middle class, though largely loyal to the BJP, now has other options. The angry reaction to Budget 2024 shows how they feel betrayed.

SubscriberWrites: How does Indian govt’s FY24-25 budget propose to address challenges of unemployment & inequality

The 2024-25 budget aims to tackle unemployment with 7 initiatives, including wage support, employment incentives, skilling programs, women's workforce participation & education loans.

‘It takes 2 hands to clap’ — Commerce Minister Piyush Goyal joins chorus of voices slamming pvt sector

At a post-budget conference, the minister took industry leaders to task for not cooperating with govt. Last week, Economic Survey & govt officials had also criticised private sector.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.