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Friday, March 29, 2024
TopicNirmala Sitharaman

Topic: Nirmala Sitharaman

Has Nirmala Sitharaman delivered on high Budget expectations or did slowdown leave no room?

The Modi government's Budget 2020 comes in the backdrop of an economic slowdown.

Nirmala Sitharaman’s Budget dashes hopes of stimulus package for struggling Indian Railways

According to the Union Budget, the Indian Railways will need to spend 97.4 paise to earn every rupee in 2019-20, and 96.2 paise per rupee in 2020-21.

LIC to be listed for IPO, employees say sale is against ‘national interest’

In her Budget speech, Nirmala Sitharaman announced that part of the state-owned LIC will be offered to private investors as part of the government's disinvestment initiative.

100 more airports to be developed by 2025 under UDAN, announces Sitharaman in Budget speech

As a part of its boost to transport infrastructure, Finance Minister Nirmala Sitharaman said more Tejas-type trains will connect tourist destinations.

To boost investments, govt shifts dividend distribution tax from companies to recipients

Companies currently pay the DDT on the dividend given to shareholders at the rate of 15%, plus applicable surcharge and cess, in addition to the tax payable on profits.

Modi govt allocates Rs 4,400 cr for cleaner air — big jump from Rs 460 cr in last budget

This is second consecutive year when Union Budget allocation for pollution-related schemes has seen substantial increase. In 2018-19, allocation was Rs 5 cr.

Nirmala Sitharaman cuts short her budget speech but it’s still India’s longest ever

Speaking for a record 2 hour 40 minutes, Finance Minister Nirmala Sitharaman prematurely ended her budget speech citing health reasons.

Winners and Losers: Who got what in Nirmala Sitharaman’s Budget 2020

Here’s a short list of winners and losers from Nirmala Sitharaman’s second union budget.

8% rise in budget for Jal Shakti, ministry handling Modi dream of piped water for all 

Namami Gange, a flagship scheme of Modi govt aimed at cleaning up the Ganga, saw its allocation increase by Rs 100 crore over 2019-20.

Budget 2020: 15th Finance Commission keeps states’ share virtually unchanged for FY21

With Census 2011 as basis, the panel has reduced shares of states like Kerala, Andhra Pradesh and Telangana. States expected to oppose the recommendations.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.