This year’s interim budget has come on the back of a turbulent global economic environment marked by slowing global growth and rising volatility. Against this backdrop, Finance Minister Nirmala Sitharaman has very nicely balanced fiscal discipline, welfare necessities and inclusive economic growth. To everyone’s very pleasant surprise, the balance between economic growth and fiscal consolidation … Read more
Image for representational purpose only. | Photo Credit: The Hindu The defence budget was increased to ₹5.94 lakh crore for 2023-24 from last year’s allocation of ₹5.25 lakh crore. In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman on February 1, a total of ₹ 1.62 lakh crore has been set aside … Read more
While finance minister Nirmala Sitharaman is expected to present a once-in-a-century Budget today, the government has also lined up a legislative agenda to boost infrastructure, investment and tech. ET looks at some key economic bills to be taken up during the Budget session of parliament. Source link