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Rs 1249 cr for Union ministers' salaries, PMO expenses
Rediff.com23 Jul 2024The allocated amount is substantially lower than the Rs 1,803.01 crore earmarked in 2023-24.
Census, NPR unlikely in 2024 too as only Rs 1,309.46cr allocated
Rediff.com23 Jul 2024The entire census and NPR exercise is likely to cost the government over Rs 12,000 crore, the officials said.
Numbers with Kamala Harris to become Democratic prez nominee
Rediff.com23 Jul 2024Harris, who is of Indian and African heritage, has received the backing from more than the 1,976 pledged delegates needed to win the Democratic Party's nomination on the first ballot, CNN reported on the first full day of her campaign.
Govt doubles Mudra loan limit to Rs 20 lakh to promote entrepreneurship
Rediff.com23 Jul 2024Finance Minister Nirmala Sitharaman on Tuesday announced the doubling of the upper limit of Mudra loans to Rs 20 lakh to promote entrepreneurship in the country. "The limit of Mudra loans will be enhanced to Rs 20 lakh from the current Rs 10 lakh for those entrepreneurs who have availed and successfully repaid previous loans under the 'Tarun category', she said while presenting the Budget in the Lok Sabha.
Sitharaman's big plans for Vishnupad, Mahabodhi corridors
Rediff.com23 Jul 2024Union Finance Minister Nirmala Sitharaman on Tuesday announced that comprehensive development of Vishnupad Temple corridor at Gaya and Mahabodhi Temple at Bodh Gaya in Bihar will be supported by the government to transform them into world-class pilgrim and tourist destinations. These corridors will be modelled on the successful Kashi Vishwanath Temple Corridor, she said. Vishnupad Temple is one of the most ancient Hindu shrines located next to the Falgu river, while the Mahabodhi Temple is a UNESCO World Heritage Site.
What Sitharaman's 7th Budget has in store for us
Rediff.com23 Jul 2024Highlights of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Tuesday.
Budget 2024: What is cheaper, what is costlier
Rediff.com23 Jul 2024Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2024-25.
Yay or nay? Rate Sitharaman's 7th Budget!
Rediff.com23 Jul 2024So tell us, does Sitharaman's 7th consecutive Budget deserve cheers or boos?
Rs 2.19 lakh crore given to MHA; majority for CAPFs
Rediff.com23 Jul 2024The Union Budget 2024-25 on Tuesday allocated Rs 2,19,643 crore to the Ministry of Home Affairs with the majority of it -- Rs 1,43,275 crore -- being given to central police forces like Central Reserve Police Force (CRPF), Border Security Force (BSF), and Central Industrial Security Force (CISF) which are responsible for internal security, border guarding, and security of vital installations.
Budget to boost MRO activities in aviation, shipping
Rediff.com23 Jul 2024The government on Tuesday announced certain incentives as part of efforts to boost maintenance, repair and overhaul activities in the country's aviation and shipping sectors. India is one of the fastest growing domestic aviation markets in the world.
Dhire dhire...: Nitish's cryptic reply to denial of special status for Bihar
Rediff.com23 Jul 2024Leaders of the JD-U, which has two ministers in the Union government, insist that the resolution also spoke of "special package and other types of help" and that Bihar could still get a lot from Narendra Modi government.
Govt to provide homes for 1cr urban poor, middle-class
Rediff.com23 Jul 2024The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance Minister Nirmala Sitharaman said, "Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of Rs 10 lakh crore." "This will include the central assistance of Rs 2.2 lakh crore in the next 5 years," she added.
Govt to provide Rs 11.11 lakh cr towards capex
Rediff.com23 Jul 2024The government will provide Rs 11.11 lakh crore for capital expenditure for 2024-25 and introduce viability gap funding to spur private investment in infrastructure, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget for FY2024-25, she said that the government will endeavour to maintain strong fiscal support for infrastructure over the next five years, in conjunction with imperatives of other priorities and fiscal consolidation.
Budget: Rs 3 lakh crore for schemes benefitting women
Rediff.com23 Jul 2024For promoting women-led development, Finance Minister Nirmala Sitharaman on Tuesday said the Budget carries an allocation of more than Rs 3 lakh crore for schemes benefitting women and girls.
Govt to launch 3 employment-linked schemes, says FM
Rediff.com23 Jul 2024These schemes will be based on enrolment in Employees' Provident Fund Organization (EPFO), Sitharaman said in the Lok Sabha.
Govt to undertake comprehensive review of Income Tax Act: FM
Rediff.com23 Jul 2024The government on Tuesday announced that it will undertake a comprehensive review of the Income Tax Act to make it easy to read. Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman also said the government will come out with SoP (standard operating procedure) for TDS defaults and simplify and rationalise compounding of such offences.
Budget: How Sitharaman plans to boost the MSME sector
Rediff.com23 Jul 2024The government will come out with a credit guarantee scheme for MSMEs to facilitate term loans without collateral or third party guarantee, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting her seventh straight Union Budget, she also said that public sector banks to build in-house capability for credit assessment of MSMEs.
Govt to launch 3 employment-linked schemes, says FM
Rediff.com23 Jul 2024These schemes will be based on enrolment in Employees' Provident Fund Organization (EPFO), Sitharaman said in the Lok Sabha.
Paris airport union issues strike warning, could affect Games
Rediff.com23 Jul 2024As Friday is the day of the opening ceremony, no civilian flights will be allowed from 6:30 pm to midnight in a 150-kilometre (90-mile) radius around Paris -- limiting the potential impact of the strike.
Govt announces 9 priorities in Budget
Rediff.com23 Jul 2024Finance Minister Nirmala Sitharaman on Tuesday announced nine priorities in the Union Budget 2024-25 for generating ample opportunities in the economy. The nine priorities include productivity, jobs, social justice, urban development, energy security, infrastructure, innovation and reforms.
Govt plans to skill 20 lakh youth over 5 years
Rediff.com23 Jul 2024The government on Tuesday announced a new centrally-sponsored scheme for skilling 20 lakh youth over the next five years. The announcement was made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25. The minister said that model skilling loan scheme will be revised to facilitate loans up to Rs 7.5 lakh.
FM allocates Rs 1.48 lakh cr for education, employment, skill
Rediff.com23 Jul 2024She added that the government has extended the PM Garib Kalyan Anna Yojana for five years which is benefiting 80 crore people of the country.
Nirmala Sitharaman presents her 7th Union Budget
Rediff.com23 Jul 2024Finance Minister Nirmala Sitharaman on Tuesday presented the Budget for 2024-25, her 7th straight presentation surpassing the record of former prime minister Morarji Desai. This is the first Budget during Prime Minister Narendra Modi-led government's third term in office.
Cabinet clears Union Budget 2024-25
Rediff.com23 Jul 2024The Union Cabinet headed by Prime Minister Narendra Modi on Tuesday approved the full Budget for 2024-25, sources said.
Key numbers to watch out for in Sitharaman's 7th Budget
Rediff.com23 Jul 2024All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy
Sitharaman again takes tablet in red pouch to present paperless Budget
Rediff.com23 Jul 2024With the tablet carefully kept inside a red cover with a golden-coloured national emblem embossed on it instead of the briefcase, Parliament will be her next destination after the call on President Droupadi Murmu at Rashtrapati Bhawan.
Know the Budget Impact on Your Finances
Rediff.com23 Jul 2024'Compare the new slabs with the previous years to understand if your tax liability will increase or decrease after the Budget.'
India Won't See A Changed Modi!
Rediff.com23 Jul 2024For now, Modi's government appears singularly focussed on demonstrating that it is not in any way inhibited by the BJP's loss of a majority, and will continue along its patented path of bulldozing all opposition and doing just as it likes, asserts Prem Panicker.
Meet Nirmalaji's Core Budget Team
Rediff.com23 Jul 2024The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
India needs to end reliance on China for critical minerals: Survey
Rediff.com22 Jul 2024India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal of limiting the average temperature rise to 1.5 degrees Celsius, India has committed to reducing emissions by 45 per cent below 2005 levels by 2030, achieving 50 per cent cumulative electric installed capacity from non-fossil fuel-based energy resources, and creating a carbon sink of 2.5 to 3 gigatons of CO2 equivalent through additional forest and tree cover.
Olympics: France to provide Israeli squad 24-hour protection
Rediff.com22 Jul 2024In a sign of the complex security issues surrounding the Israeli delegation, a memorial ceremony for the Israeli athletes killed in the 1972 Munich attack has been moved from outside Paris' City Hall to the Israeli embassy.
Survey on how India can build quality infrastructure
Rediff.com22 Jul 2024A higher level of private sector financing and resource mobilisation from new sources will be crucial for India to build quality infrastructure, according to the Economic Survey 2023-24. The Economic Survey 2023-24 was tabled in Parliament by Finance Minister Nirmala Sitharaman on Monday.
They tried to...: Modi slams Oppn before Parliament session
Rediff.com22 Jul 2024Modi also slammed the "negative politics" of some parties and said they used Parliament's time to hide their failures.
SC grants bail to Ashish Mishra in Lakhimpur Kheri case
Rediff.com22 Jul 2024The Supreme Court on Monday gave bail to ex-Union minister Ajay Mishra's son Ashish Mishra in the case related to the 2021 Lakhimpur Kheri violence that claimed eight lives, and restricted his movement to Delhi or Lucknow.
Nipah Death Puts Kerala On Alert
Rediff.com22 Jul 2024The scare of communicable diseases seems to be gripping the country with Maharashtra reporting 28 Zika cases this year, the highest since 2021.
The Challenges That Await Modi 3.0
Rediff.com22 Jul 2024'The lack of a majority isn't the issue. He has enough in 240, especially as none of his allies can pull down his coalition.' 'That's why he's started as if this were just another, normal term. That pretence is vital for him.' 'The change for Modi 3.0 comes not from numbers, but from the new environment of contestation,' points out Shekhar Gupta.
Mamata offers shelter to Bangladeshis amid violence
Rediff.com21 Jul 2024Banerjee also appealed to the people of West Bengal not to get provoked over matters concerning the current situation in Bangladesh.
Will Nirmalji's 7th Budget boost the markets?
Rediff.com21 Jul 2024The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said. Besides, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude are also crucial aspects to watch out for.
Pawar is 'sargana' of corruption, Uddhav 'Aurangzeb fan club': Shah
Rediff.com21 Jul 2024Shah also challenged the Congress to implement its Lok Sabha election promise of providing Rs 8500 monthly to women in states ruled by the party.