In her interim Budget speech in February, Finance Minister Nirmala Sitharaman had mentioned the need for industry-academia collaboration. This time, the Budget could give the initiative a bigger push.
The finance ministry could remove the GST compensation cess or subsume a part of it in the revised rates for such products. It would reduce overall GST incidence and boost demand.
While Rs 13,784 crore is earmarked for agriculture, education sector gets ₹16,987 crore in 2024 budget. Another Rs 7,780 crore allocated for providing free power to households.
FY25 allocation is exactly the same outlay as given in revised estimates for the current financial year. Activists say it's not sufficient to meet demand for work in rural areas.
Finance Minister Nirmala Sitharaman's Interim Budget 2024 speech makes it clear that the Modi government is confident of being voted back to power. This augurs well for the economy and people of India.
For the EV sector, the government announced increased support for manufacturing and charging infrastructure, as well as a push for the adoption of e-buses in public transport.
Development assistance to India's other neighbours like Seychelles, Mongolia & Iran's Chabahar Port remain roughly the same year-on-year. Nepal, Afghanistan, Africa get slightly more.
According to the Interim Budget, extra 2 crore houses under Pradhan Mantri Awas Yojna-Gramin will be made in 5 yrs. Plan to launch a special housing scheme was announced by Modi last yr
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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