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Friday, December 12, 2025
TopicFinance Minister Nirmala Sitharaman

Topic: Finance Minister Nirmala Sitharaman

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.

Centre budgets Rs 11.11 lakh crore of capex for 2024-25, roads & railways get nearly 50% of outlay

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.

Defence budget raised by Rs 500 crore from interim, Rs 1.05 lakh crore reserved for Indian firms

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. 

Budget 2024: Gold, silver, phone chargers to get cheaper. Cost of fertilisers, PVC flex boards to rise

Twenty-five critical minerals essential for sectors like nuclear energy, renewable energy, space, defence etc exempt from customs duties. Angel tax abolished, in boost for startups.

Modi government says focus on employment & middle class in first post-poll budget

The government will allocate 2 trillion rupees ($24 billion) for job creation over the next five years, Nirmala Sitharaman said.

India’s energy demand to grow 2-2.5 times by 2047, coal to dominate, says Economic Survey 2023-24

Survey says there needs to be ‘orderly’ transition to mix of energy sources, which includes hydro, solar, wind & green hydrogen. It also talks about balancing development & climate change.

Finance Minister Nirmala Sitharaman to present Economic Survey in Parliament a day before budget

The Budget Session of Parliament will commence Monday and subject to the exigencies of government business, the session is likely to conclude on 12 August.

Jobs, rural India likely to be focus of new Modi government’s first budget, says Goldman Sachs

The budget proposal for the financial year ending March 2025 will be presented on 23 July, the government said over the weekend.

Ahead of Union Budget, Naidu meets Nirmala Sitharaman, seeks financial aid for Andhra Pradesh

Andhra Pradesh CM presented a detailed memorandum during a meeting in North Block highlighting projects in the state that require urgent central assistance.

On Camera

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.