This will be first full session of Parliament after the new members took oath in the first session of 18th Lok Sabha. Nirmala Sitharaman will present the Union Budget.
Andhra Pradesh CM presented a detailed memorandum during a meeting in North Block highlighting projects in the state that require urgent central assistance.
Leaving interim budget largely unchanged would be in keeping with trend since 2004-05. Even when new parties have come to power, budgetary allocations have not changed substantially.
The revised budget estimate for the Union health ministry for 2023-24 is 9.6% lower than the original estimate, reflecting how funds for several schemes were underused by states.
Capital expenditure for next FY is achievable but could be challenging given this year's under-achievement. Moreover, rise of interest payments doesn't bode well for quality of expenditure.
That giveaways under PM Kisan weren't doubled tells us BJP is confident of winning, thinks things like infra will work instead & isn’t willing to suspend fiscal caution in an election year.
This comes as India has been calling for reformation of the UN, especially with regards to the composition of its most powerful body, the UN Security Council.
Defence budget is 2.09% of the GDP compared to 2.17% this fiscal. While both Army & the Navy failed to spend the full amount allocated to them, the IAF spent more than its allocation.
FM Nirmala Sitharaman announced interest-free loans to states, rating system for tourist centres & projects for island connectivity, infrastructure, adding that this will also create jobs.
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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