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[ad_1] Union finance minister Nirmala Sitharaman. (File image: News18) The presentation on July 23 will be the first Budget by the BJP-led NDA government since it was re-elected last month. Union Budget 2024: Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India’s first full-time woman finance minister when Prime Minister Narendra Modi won a decisive second term. Since then, she has presented six straight budgets, including an interim one in February this year. The full Budget for the 2024-25 fiscal (April 2024 to March 2025) will be her seventh straight. She will better Desai’s record, who presented consecutive five full budgets and one interim budget between 1959 to 1964. This year will witness two budgets – an interim one in February and a full one this month...

[ad_1] If the NDA points to the pandemic years (2020-21 & 2021-22), the UPA can point to the years of the International Financial Crisis (2008-09) and the 'taper tantrum' (2013-14), Chidambaram argued. [ad_2] Source link https://worldnews2023.com/business/fiscal-deficit-was-4-5-in-upas-terminal-year-its-5-8-in-2023-24-under-nda-chidambaram/?feed_id=319690&_unique_id=670236e8ed4db

[ad_1] Union Budget 2024: The energy sector in India has a range of expectations from the Budget 2024. These expectations stem from the need to address various challenges and opportunities in the industry, including the push for renewable energy, energy security, infrastructure development, and regulatory reforms. Ahead of the Union Budget 2024-25, key industry leaders emphasise the need for strong governmental actions to promote cleaner energy and sustainable growth. Suyash Gupta, Director General of the Indian Auto LPG Coalition, highlights the environmental and economic benefits of Auto LPG, urging the government to reduce GST on Auto LPG from 18% to 5%. He believes this change, alongside incentives for OEMs to produce more LPG vehicles, will encourage wider adoption, offering a practical and cost-effective alternative to traditional fuels. Alessandro Des Dorides, CEO of Nayara Energy, stresses the importance of prioritising energy security by encouraging investments in refini...

[ad_1] New Delhi: Finance Minister Nirmala Sitharaman presented the interim budget for 2024 today in Parliament, just before the Lok Sabha elections. While presenting the budget, Sitharaman mentioned that the empowerment of women through entrepreneurship, ease of living, and dignity has gained momentum in the last 10 years. In the fiscal year 2024-25, the Women and Child Development Ministry has received a budgetary allocation of Rs 26,000 crore, reflecting a 2.52 percent increase compared to the previous budget. The highest share of funds, amounting to Rs 21,200 crore, has been earmarked for the Saksham Anganwadi and POSHAN 2.0 initiatives (encompassing ICDS - Anganwadi Services, Poshan Abhiyan, and the Scheme for Adolescent Girls). Following closely is the Mission Shakti, focused on the protection and empowerment of women, which has been granted a budget of Rs 3,145.97 crore. (Also Read: Interim Budget 2024: Key Takeaways From Nirmala Sitharaman's Budget Speech) ...