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Saturday, November 2, 2024
TopicBudget 2024

Topic: Budget 2024

Economic affairs secretary indicates that govt doesn’t intend to conduct census this year either

Allocation for census was slashed in Union Budget 2024-2025. Economic Affairs Secretary Ajay Seth says allocations will be increased when a decision is taken to go ahead with the census.

Budget 2024 shows Modi govt’s priority areas have changed after election results

The 2024 Lok Sabha election results' impact is evident in the differences between Nirmala Sitharaman's interim and Union budgets, but nothing that disrupts the govt's business-as-usual approach.

‘Weakened’ Modi’s budget ‘doles out pork’ & jobless ‘get some love’ — global media

Other reports highlight how budget has prioritised employment & demands by BJP's allies, Neeraj Chopra as fuel for India's Olympic dreams, and indie films.

Budget 2024 gives cosmetic solutions to unemployment—hollow shells where substance is needed

The measures announced in the Budget to address the problem of thwarted aspirations of young people don't seem to be a strategic response to the underlying issues.

Budget 2024 bets on investment-led growth, shows long-term vision

With fiscal consolidation, the government’s debt-GDP ratio and interest payments to revenue receipts ratio would fall, opening up additional fiscal space for capital spending.

Budget 2024 shows Nirmala Sitharaman is fiscally prudent, bold, and politically savvy

As for the long-term vision of the Budget, there are some reassuring messages from the finance minister.

Budget 2024 signals rigour in farm policymaking, govt openness to align with states on reforms

Nirmala Sitharaman's speech marks a shift toward a more collaborative, transparent, and strategic policymaking. But Budget 2024 has its share of hits and misses.

Budget 2024 stays clear of populism, continues to create a path for fiscal consolidation

The ‘Vivad se Vishwas' scheme 2024 will provide a fresh opportunity for taxpayers who, in the absence of the settlement commission, had no options but to litigate.

Hostels, creches, skilling programmes — budget bats for higher participation of women in workforce

However, budgetary allocation to women and child development ministry has seen only a marginal increase from last year, to Rs 3.1 lakh crore.

Loans of up to Rs 10 lakh for higher education in domestic institutions announced in Budget 2024

6.8% increase in budget allocation for the education ministry compared to the previous fiscal. Upgrades to 1,000 ITIs and student internships in 500 top companies on the plate too.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.