Ex-Karnataka chief minister Siddaramaiah said the Union budget failed to meet the expectations of farmers, women and people at large.
FM Sitharaman announces setting up of promotion task force in this space, industry hails move
Highest ever capital expenditure at Rs 2.45 trillion; Operating ratio for 2021-22 revised downward to 98.93%
Goyal's remarks came against the backdrop of Rahul Gandhi's calling the Union Budget 2022-23 a zero-sum budget
For the next fiscal, the government said total subsidies are estimated to further decline to Rs 3,17,866 crore from Rs 4,33,108 crore in the current fiscal
Budget 2022 LIVE updates: Finance Minister Nirmala Sitharaman presented the annual Union Budget 2022-23 in Parliament today. Follow Business Standard for Budget highlights
P Chidambaram said the Union Budget was the "most capitalist" with nothing for the poor and farmers while sops were being provided to big industrialists turning India into a very "unequal country"
The government has extended the ECLGS up to March 2023 and earmarked an additional Rs 50,000 cr for hospitality and related sectors
IT industry body Nasscom said the Union Budget 2022 sets the tone for India's 'techade' and establishing the country as a global hub in terms of technology innovation.
Leading healthcare providers rued that the Budget has failed to address many of the long pending demands of the industry.
Rajya Sabha will debate on the motion of thanks on the president's address for 12 hours and the prime minister is likely to reply on February 8
The Union Budget presented by Nirmala Sitharaman has laid the road map for long-term development over the next 25 years, a top official of city-based Hinduja Group flagship Ashok Leyland said
Imported cut and polished diamonds, frozen mussels, frozen squids, asafoetida, cocoa beans, methyl alcohol and acetic acid will become cheaper as a result of rationalisation in customs duties
The Centre had planned major divestments and strategic sale of Air India, BPCL, public sector banks, an insurance company amongst others
Chief Minister M L Khattar hailed the budget, terming it as "pro-farmers"
A leading organisation representing MSMEs praised the Union Budget for 2022-23, saying its proposals are based on "long-term thinking"
The Ministry of Science and Technology has been allocated Rs 14,217 crore in the Union Budget 2022-23, a 3.9 per cent decrease from last fiscal.
The Union Budget allocated Rs 1,711.04 crore for a host of expenditure of the Union Cabinet that includes salaries, sumptuary and travel by central ministers among others.
The sharp increase in budget estimate for the next fiscal could be on account of government's confidence in the securities market
'We are confident that the growth projection made by the Economic Survey at 8-8.5 per cent in 2022-23 will be met,' the CII DG Chandrajit Banerjee averred