With an aim to evaluate key financial metrics, Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs).
With a Central outlay of Rs. two lakh crore the package is aims to benefit 4.1 crore youth over five years.
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today
Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a statistical appendix in Parliament on Monday, a day ahead of the Union Budget.
Nirmala Sitharaman, who is a two-time Union minister, has been included in Prime Minister Narendra Modi's cabinet in his third consecutive term, creating a record of sorts for a woman minister
Mr Mitra apprehended that these Plants in Bengal would “either be asset stripped or sold off in the name of disinvestment, having crippled them through the current policy shift”.
Sitharaman said that there should be complete trust between the industry and the government to sustain growth amid Covid-19 pandemic situation.
"We want banks to meet the aspirations of the country,” she said.
Funds have been committed to the Production Linked Incentive Scheme (PLI) for the next five years, textile parks are to come up in the next three years. Similarly, a scheme to benefit discoms is to come up in the next five years, a scheme to fly the Indian flag on merchantmen would take five years. Such instances abound, lessening the clarity of Budget provisions
"The procurement has also continued to increase at a steady pace. This has resulted in increase in payment to farmers substantially," she said.
