Government has given high thrust on Research & Development (R&D) in coal technologies for improvement in existing uses and also in futuristic fields for diversification for long term sustainable growth. During 2023-24, Rs. 18.00 Cr was allocated for Research & Development under Central Sector Scheme. Further, during 2024-25, Rs. 21.00 …
Read More »HIGHLIGHTS OF THE UNION BUDGET 2024-25
The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament today. The highlights of the budget are as follows: Part-A Budget Estimates 2024-25: Total receipts other than borrowings: `32.07 lakh crore. Total expenditure: `48.21 lakh crore. Net tax receipt: `25.83 lakh crore. …
Read More »REFORMS IN CUSTOMS DUTIES WILL SUPPORT DOMESTIC MANUFACTURING AND PROMOTE EXPORT COMPETITIVENESS; FINANCE MINISTER
The Budget proposals for Customs Duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount, said Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharman in her Budget speech in Parliament today. …
Read More »₹1.52 Lakh Crore Allocated to Agriculture Sector in Union Budget 2024-25
As part of measures to enhance productivity and resilience in Agriculture sector, the Union Budget 2024-25 has announced several measures including Digital Public Infrastructure, ‘atmanirbharta’ for oil seeds, Large scale clusters for vegetable production and financial support for network of Nucleus Breeding Centres for Shrimp Broodstocks. Digital Public Infrastructure for Agriculture Buoyed …
Read More »LAND REFORM AND ACTIONS TO BE INCENTIVISED FOR COMPLETION WITHIN NEXT 3 YEARS
While presenting the Union Budget 2024-25 in Parliament today, the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman said land-related reforms and actions, both in rural and urban areas, will be incentivized for completion within the next 3 years through appropriate fiscal support. The reforms will cover land …
Read More »Union Budget Allocates ₹1,000 Crore Venture Capital Fund to Boost Space Economy
The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman has announced several measures to step up adoption of technology towards digitalization of the economy. While presenting the Union Budget 2024-2025 in the Parliament today, the Union Minister said that the country has successfully used technology for improving productivity …
Read More »Jal Jeevan Mission: From 3 Crores to 15 Crore Rural Tap Connections in 5 Years
The National Jal Jeevan Mission (JJM) has achieved a historic milestone today, by providing tap water connections to 15 crore rural households across the country. Launched by Prime Minister Shri Narendra Modi on 15th August 2019, this flagship initiative has showcased unprecedented speed and scale by increasing rural tap connection coverage …
Read More »Electric Mobility Promotion Scheme (EMPS), 2024
Ministry of Heavy Industries, vide gazette notification 1334 (E) dated 13th March, 2024, has launched the Electric Mobility Promotion Scheme (EMPS) – 2024 to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country. The Scheme duration is 4 months i.e. April 01, …
Read More »INDIAN AGRICULTURE SECTOR IS A SUCCESS STORY: ECONOMIC SURVEY 2023-24
The Indian agriculture sector is a success story. The country has come a long way from being a food deficit and importing country in the 1960’s to being a net exporter of agricultural products, highlights The Economic Survey 2023-24, tabled by the Union Finance and Corporate Minister Smt Nirmala Sitharaman …
Read More »Wild Animal Attacks
As per available reports in the Ministry, the details of human deaths due to attack by elephants and tigers during the last five years in various states are given at Annexure-I and Annexure II. The said information in respect of the State of Kerala is given separately, as given below. …
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