Page 67 - Budget 2025 News

Higher allocation for RIDF to speed up ongoing projects: Nabard Chairman

Allocation to the Rural Infrastructure Development Fund (RIDF) was increased to Rs 40,000 crore

Budget will help increase rural consumption: FMCG industry

The FMCG industry on Monday said a special focus on the agriculture sector in the Union Budget will help increase rural consumption and sustain growth momentum

Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman

FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.

Budget 2021: Delhi govt accuses Centre of favouring big companies

The Delhi government accused the Centre of giving step motherly treatment to the national capital in the Union budget 2021-22, and claimed the budget is aimed at benefitting few big companies.

Money pumped into infra, health, agriculture; Bengal Inc hails Budget 2021

Bengal Inc on Monday hailed the Union budget saying that it has prioritised spending on growth and instilled faith that dawn is going to emerge on the Indian economy

Leather products to get costlier after 10% customs duty, say manufacturers

'Customs duty hike to make leather expensive', said Alberto Torresi director

My budget will be about 'Swayampoorna Goa', says CM Pramod Sawant

Goa Chief Minister Pramod Sawant on Monday said he would be presenting the state's budget in the end of March and it would focus on making the state self- reliant.

CEOs of top tech firms hail tax norms for digital economy in Budget 2021

They say coming in the wake of Covid-19 pandemic, the Budget looks to strengthen many important pillars for economic recovery and future growth

Subsidy bill to fall 43% to Rs 3.36 trillion in FY22: Budget 2021

The government on Monday projected the subsidy bill on food, fertilisers, LPG and kerosene oil to fall by 43 per cent in the next fiscal to Rs 3.36 lakh crore from Rs 5.96 lakh crore in 2020-21

Hiking FDI cap in insurance to open up large source of fresh funding: Goyal

Goyal on Monday said that hiking foreign direct investment (FDI) limit to 74 per cent in the insurance sector will open up a large source of fresh funding for the sector

Delhi Police gets Rs 8,644.12 cr in Budget; Rs 10 cr for Nirbhaya Fund

The Delhi Police has been allocated Rs 8,644.12 crore in the Union Budget for financial year 2021-22, even as around Rs 10 crore has been set aside for Nirbhaya Fund.

Budget: Agriculture companies cheer higher allocation to farm sector

The firms said this will help in boosting farmers' income and overall growth of the sector

Only concerned about having farm laws repealed, not budget: Farmers

Farmers protesting at various sites on the borders of Delhi on Monday unequivocally said they are only concerned about their common goal of having the three farm laws repealed

Minority Affairs Ministry allocated over Rs 4,810 crore in Budget

The Minority Affairs Ministry was allocated Rs 4,810.77 crore in the 2021-22 Union Budget on Monday which is Rs 805.77 crore more than than the revised figures of the previous fiscal.

Budget 2021 will give major boost to employment, says Prakash Javadekar

Union Minister for Information and Broadcasting Prakash Javadekar on Monday hailed the Union Budget 2021-22 as forward looking and said it will give a major fillip to employment

Mercedes, Skoda say custom duty hike on certain parts to increase prices

The proposal to increase customs duty on certain imported automotive parts in the Union Budget 2020-21 will lead to increase in car prices, according to Merecedes-Benz India and Skoda Auto Volkswagen

No cut in excise duty on petrol, diesel: FM Nirmala Sitharaman

Sitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels.

Union Budget 2021 ignored unorganised sector, says traders body

The government is banking on the organised sector which provides only 10 per cent of jobs and has ignored in the Union budget the unorganised sector which provides employment for the rest

Interest on employee's PF contributions over Rs 2.5 lakh to be taxed

One per cent of EPF contributors to be affected

Env ministry's outlay falls; vehicle scrapping policy to fight pollution

The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution