Congress highlighted internship programme, employment-linked incentive scheme and abolition of angel tax as examples of ideas Modi govt ‘copied’ from its Lok Sabha polls manifesto.
Sitharaman also announced an initiative for increased connectivity to rural habitations, and introduced an interest subsidy to facilitate affordable housing loans.
The allocation, at 3.4% of GDP, remains unchanged from the figure announced in interim budget in February, and is 11% higher than last year’s outlay of Rs 10 lakh crore.
It was NDA that introduced Insolvency and Bankruptcy Code in 2016. IBC replaced earlier framework which was governed by various laws that made the process cumbersome.
Besides development of Vishnupad and Mahabodhi temple corridors, Union Budget also proposed industrial node for Amritsar-Kolkata Industrial Corridor at Gaya in Bihar.
Urban development among nine priority areas in this year’s budget. Since 2014, Centre has been implementing land reforms in rural areas. Now, it aims to do so in urban areas.
In terms of pure numbers, the total defence budget for 2024-25 stands at Rs 6,21,940 crore as against Rs 6.23 lakh crore in the revised estimates for the last fiscal.
Full budget sees sizeable increase in development aid to Sri Lanka, while assistance to Maldives sees drastic cuts from both 2023-24 revised estimates and 2024-25 interim budget.
Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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