The meeting focused on business performance, upgrading digital technology services, and fostering business growth in activities allied to agriculture and micro and small industry.
Union Finance Minister Nirmala Sitharaman sought enhanced support from international financial institutions to achieve Sustainable Development Goals (SDGs).
As announced by Finance Minister Nirmala Sitharaman in the 2024-25 Union Budget, the limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from current Rs 10 lakh to Rs 20 lakh.
Union Finance Minister Nirmala Sitharaman stressed upon a balanced approach between development priorities and climate action during her address at the G20 meet.
Union Minister Sitharaman said that no country, whether the US which is far away or China which is very close cannot ignore India.
With the record budgetary allocation of 2.40 lakh crore, semi-high speed Vande Bharat Express trains, modern LHB coaches, a railway track with anti-collision technology armor, a new signaling system, a new type of wagons, construction of high-speed wheels, system dome coaches including all the development works could be done on the railway tracks.
A total of Rs 1.62 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware. It was Rs 1.52 lakh crore last fiscal.
The finance minister announced that an Urban Infrastructure Development Fund (UIDF) will be established through the use of priority sector lending shortfall, which will be managed by the National Housing Bank, and will be used by public agencies to create urban infrastructure in Tier 2 and Tier 3 cities.
Terming the Union Budget 2023-24 presented by Nirmala Sitharaman in Parliament on Wednesday as “disappointing”, the Opposition on Wednesday said…
The common refrain among the Opposition political parties was that it is an anti-farmer and anti-people budget that will give rise to inflation and poverty in the country.
