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Latest from interim budget

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go

At ₹6,513 crore, the budget is ₹426 crore (7%) more than the allocation in 2023-24, although it is much lower than what the Chandigarh administration had sought

The Chandigarh administration had asked for <span class='webrupee'>₹</span>7,150 crore for the financial year 2024-25. (HT Photo)
Updated on Jul 24, 2024 08:28 AM IST
By, Chandigarh

How does the Union Budget impact politics?

What this budget has not tried to do is undertake the exercise of correcting what could’ve been a mistake.

Union finance minister Nirmala Sitharaman. (HT/Arvind Yadav)
Updated on Jul 24, 2024 01:32 AM IST

Budget terms: What is interim budget and vote on account?

While sometimes used interchangeably, there are a lot of differences between an interim budget and a vote on account.

Union finance minister Nirmala Sitharaman speaks in the Lok Sabha during the interim budget session of the Parliament, in New Delhi (ANI)
Published on Jul 09, 2024 01:43 PM IST

When will Nirmala Sitharaman present Union Budget 2024? Expected dates

The first session of the 18th Lok Sabha will commence on June 24 and end on July 3

A view of the Lok Sabha in the new Parliament building
Published on Jun 12, 2024 02:45 PM IST

We don’t need populism... people have seen speed at which we deliver: PM Modi

His government’s performance over 10 years will be the decisive factor in Verdict 2024, says Prime Minister Narendra Modi.

Prime Minister Narendra Modi(PMO Photo)
Updated on May 12, 2024 07:28 AM IST
By, New Delhi

Has your income tax slab changed? Finance ministry's 6-point note

The finance ministry in a post in X (formerly Twitter) cleared confusion over the new tax regime. Here's what it said

Presenting the interim budget on February 1, 2024, Union Finance minister Nirmala Sitharaman said that there would be no changes to taxation.
Updated on Apr 03, 2024 12:06 AM IST

Various projects in city get funding in interim budget

Apart from announcing funding of ₹10,519 crore for the Pune ring road, Pawar also proposed to form the All-India Institute of Medical Science (AIIMS) at Aundh, on the lines of AIIMS, Nagpur

Pawar also allocated funds for the Chhatrapati Sambhaji Maharaj memorial at Tulapur, near Pune. (HT PHOTO)
Updated on Feb 28, 2024 06:16 AM IST

Time is right to create a ‘Naya Bharat’, says PM Modi

PM Narendra Modi said that the time is now for building a "New Bharat" as various factors are coming together to create a grand opportunity for development.

PM Narendra Modi on Friday said India had a grand opportunity to embark on an unprecedented development journey (ANI)
Updated on Feb 10, 2024 04:10 AM IST

What makes government schemes and missions work

Community connect, respect for the federal principle, civil society partnerships and women-led development are necessary conditions for a more inclusive India.

Rural women busy making jewellery and other items using Moonj grass in Mahewa area of Prayagraj. (HT File)
Published on Feb 08, 2024 10:06 PM IST

Oppn cities ‘unprecedented’ unemployment to target govt

BJP MP and former minister of state for finance and civil aviation Jayant Sinha said: “Shashi Tharoor and Supriya Sule presented several figures. They cherry-picked the data ...”

Union finance minister Nirmala Sitharaman speaks in the Lok Sabha during the interim budget session of the Parliament (ANI)
Updated on Feb 08, 2024 08:16 AM IST
By, New Delhi

Sitharaman proposes 1.18 lakh crore interim budget for J&K

The interim budget envisages a fiscal deficit of ₹20,760 crore and a 7.5% growth in gross state domestic product (GSDP)

Union finance minister Nirmala Sitharaman in Lok Sabha during the interim budget session, in New Delhi on Monday (ANI)
Updated on Feb 06, 2024 05:02 AM IST
By, Jammu

Less cash for PM AASHA will not affect procurement: Officials

Launched in 2018, PM-AASHA was seen as a tool to ensure remunerative prices to farmers for crops other than cereals.

Schemes like PM-AASHA are meant to be activated only when prices of pulses and oilseeds fall below MSP levels(HT FILE/Bachchan Kumar)
Published on Feb 05, 2024 06:05 PM IST

‘This protest is against stepmotherhood treatment’: Karnataka CM Siddaramaiah

Karnataka CM Siddaramaiah has said that he would lead a protest at Jantar Mantar in Delhi on February 7.

Karnataka chief minister Siddaramaiah. (PTI)
Published on Feb 05, 2024 02:30 PM IST
ANI | | Posted by Yamini C S

Building the backdrop for lower interest rates

Focus on fiscal consolidation, moderate capex push and eschewed pre-election populism define the interim budget

New Delhi, India - Feb. 1, 2024: Nirmala Sitharaman, Union Minister of Finance along with Bhagwat Karad and Pankaj Chaudhary MOS Finance leaves the Finance Ministry carrying the Finance Budget ahead of the presentation of interim Budget 2024 in Parliament at North Block in New Delhi, India, on Thursday, February 1, 2024. (Photo by Sanchit Khanna/ Hindustan Times)(Hindustan Times)
Published on Feb 05, 2024 08:00 AM IST

BJP neglected Karnataka’s need for drought relief, says Shivakumar ahead of Delhi protest

Shivakumar invited BJP and JD(S) leaders to join the state Congress’s protest in Delhi on February 7

Deputy chief minister DK Shivakumar criticised the Centre for alleged injustice towards Karnataka and questioned the BJP’s silence on funds promised for state projects. (PTI)
Updated on Feb 05, 2024 09:04 AM IST

Centre pushing startups, but no news of Chandigarh admn’s policy

The Chandigarh administration has been working on the policy since 2018, but it has yet to see the light of the day

The Chandigarh administration had come close to wrapping up the policy’s draft in October last year, assuring that it will be rolled out within a month. But even after three months, there has been no progress. (HT File Photo)
Updated on Feb 05, 2024 08:46 AM IST
By, Chandigarh

Gender budget: Government spending hits highest ever in 2024

This year, the total allocation under the gender budget stands at ₹three lakh crore, which is almost 6.5% of the total expenditure.

New Delhi, Feb 1 (ANI): Union Finance Minister Nirmala Sitharaman calls on President Droupadi Murmu prior to presenting the Union Budget 2024, at the Rashtrapati Bhavan, in New Delhi on Thursday. (ANI Photo)(President of India-X)
Updated on Feb 04, 2024 12:24 PM IST

‘India will be the world’s third largest economy in Modi's 3rd term’: Sitharaman

The Modi government put the Indian economy on the growth path in its first term.

FM Nirmala Sitharaman during the Post Budget Press Conference at National Media Centre in New Delhi on Thursday. (HT Photo)
Updated on Feb 04, 2024 03:52 PM IST
ByRajeev Jayaswal,

‘Modi’s Guarantees’ work for those who don’t have anything: PM in Odisha

PM Modi said his aim was to ensure that no one stays in temporary shelters. “Over 4 crore poor families have been provided their own pucca houses.

Prime Minister Narendra Modi addresses a public meeting in Odisha’s Sambalpur on Saturday. (ANI)
Updated on Feb 03, 2024 11:28 PM IST
ByDebabrata Mohanty

Pune part of two important railway corridors in interim budget 2024

Pune to Lonavla route (63 km) has been included in the ‘high density’ corridor whereas the Pune to Solapur to Wadi route (412 km) has been included in the ‘energy, cement and mineral’ corridor.

As per the interim budget, around 40,000 km of new tracks will be constructed by the railway across all three corridors. Routes having two lanes will be ramped up to four lanes and those having four lanes will be ramped up to six lanes, according to the railway. (REPRESENTATIVE PHOTO)
Published on Feb 02, 2024 10:57 PM IST

Terms of Trade | Modinomics, beyond the budget

A gist of the economic paradigm which the Narendra Modi government seems to have adopted and executed perfectly

Finance minister Nirmala Sitharaman leaves the finance ministry ahead of the presentation of the interim budget in Parliament. (Sanchit Khanna/HT)
Published on Feb 02, 2024 04:06 PM IST

Poonam Pandey and cervical cancer awareness: What is Centre's vaccination plan?

Actor and model Poonam Pandey's claim she had died due to cervical cancer has turned out to be a stunt.

Actor and model Poonam Pandey
Updated on Feb 03, 2024 12:47 PM IST

‘Outlines inclusive economic development’: Kiran Mazumdar-Shaw on interim budget

Biotechnology industry veteran Kiran Mazumdar-Shaw praised Nirmala Sitharaman's interim budget, calling it “comprehensive” and "inclusive".

File photo of Kiran Mazumdar-Shaw.(Mint file)
Published on Feb 02, 2024 10:40 AM IST

‘Injustice has been meted out to Karnataka’: Congress MP DK Suresh over budget

DK Suresh had earlier stoked a controversy by claiming that the southern states of the country will raise a demand for a separate country.

DK Suresh, Congress MP.(Arijit Sen/HT Photo)
Published on Feb 02, 2024 09:45 AM IST
ANI | | Posted by Yamini C S

In poll year, the interim budget’s four poles

The interim budget focusses on four key demographics, or castes — women, youth, farmers, and the poor.

Union finance Minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha, at Parliament House in New Delhi.(PTI)
Published on Feb 02, 2024 06:37 AM IST

Energy, education boost for Chandigarh in 6,513-crore budget

Union government hikes Chandigarh’s annual budget by 7% compared to last year; but allocation for development works slashed by 9%

At <span class='webrupee'>₹</span>6,513 crore, the budget is <span class='webrupee'>₹</span>426 crore (7%) more than the <span class='webrupee'>₹</span>6,087 crore allocated in 2023-24, although much lower than the <span class='webrupee'>₹</span>7,150 crore proposed by the Chandigarh administration for 2024-25. (HT File)
Updated on Feb 02, 2024 10:00 AM IST
By, Chandigarh

Interim Budget 2024: 6.21 lakh crore for defence as govt outlines new tech plan

This year’s defence budget accounts for 1.89% of the country’s projected gross domestic product (GDP) for 2024-25

India on Thursday set aside <span class='webrupee'>₹</span>6.21 lakh crore for defence spending in the interim budget for 2024-25 (HT Photo)
Updated on Feb 02, 2024 01:52 AM IST
ByRahul Singh, New Delhi

Interim budget 2024-25: Capex raised to 3.4% of GDP despite fiscal consolidation

The capital spending in 2024-25 will be ₹11,11,111 crore, a number which is more like an auspicious figure than a hard-headed budgetary allocation.

Union finance minister Nirmala Sitharaman announced the interim budget on Thursday. (AFP)
Updated on Feb 02, 2024 12:43 AM IST

Solar panel scheme upgrade to help 10 million houses save 300 units

Sitharaman was presenting the interim budget as is the practice in a general election year when the full budget is presented later.

Union finance Minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha, at Parliament House in New Delhi (PTI)
Updated on Feb 02, 2024 01:59 AM IST
ByJayashree Nandi, New Delhi

Interim budget: Centre slashes allocation for education, UGC funding cut by 61%

The interim budget for education in India has been reduced by 7%, with the allocation for the UGC slashed by 61%

The interim budget presented on Thursday set aside <span class='webrupee'>₹</span>1.2 lakh crore for education. (HT Archive)
Updated on Feb 02, 2024 06:46 AM IST
By, New Delhi
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