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Thursday, April 15, 2021

Nirmala Sitharaman

Mobile industry ‘disappointed’ with Budget proposals: ICEA

New Delhi, Feb 1 (IANS): With announcement of an increase in custom duty by up to 10 per cent on inputs and parts of mobile chargers and moderate hike in some sub-parts of phones in the Budget, industry body...

Union Budget presented in ‘exceptional circumstances’: Nadda

New Delhi, Feb 1 (IANS) Hailing the Union Budget, BJP chief J.P. Nadda on Monday said that the 2021 Budget has been presented in "exceptional circumstances" when the country is ready to write a new story of development in...

Govt to introduce special resolution framework for MSMEs

<img class=" wp-image-19139 aligncenter" src="https://indiaupdates.in/wp-content/uploads/2020/01/msme.jpg" alt="Middle-scale enterprises face policy bias from MSME ministry''" width="716" height="487" />New Delhi, Feb 1 (IANS) As India's insolvency regime grows and evolves, micro, small and medium enterprises (MSME) are set to come under the...

Consumers may soon get to choose power distributor in their area

New Delhi, Feb 1 (IANS) The government proposes to open up the countries' power distribution segment to competition by allowing operation of more than one entire in a supply area. This will be a major reform in the power sector...

Budget allocates Rs 1.6L cr to MHA; police modernisation gets priority

New Delhi, Feb 1 (IANS) The government has allocated Rs 1.6 lakh crore to the Ministry of Home Affairs (MHA) focusing mainly on police modernisation, development in Jammu and Kashmir, and Ladakh. Out of the total amount allocated, Rs 1.5...

Intelligence Bureau’s budgetary allocation raised by 16%

New Delhi, Feb 1 (IANS): The government has increased budgetary allocation of the Intelligence Bureau, its domestic intelligence, internal security and counter-intelligence agency, by 16 per cent this year. The government has allocated Rs 2,839.24 crore as against Rs 2433.89 crore...

Govt has bypassed health, education in Budget, says Sisodia

New Delhi, Feb 1 (IANS): Delhi Deputy Chief Minister Manish Sisodia has expressed his displeasure over the Union Budget 2021-2022 presented on Monday by Union Finance Minister Nirmala Sitharaman. Sisodia stated that due to the Covid-19 pandemic that has exposed the...

Budget a letdown like never before, says Chidambaram

New Feb 1 (IANS) Congress leader and former finance minister P. Chidambaram said the Budget presented by Finance Minister Nirmala Sitharaman on Monday is an act of deception with people. The imposition of a cess will have wide ramifications, said...

Budget 2021 carries forward Aatmanirbhar vision: PM

New Delhi, Feb 1 (IANS) Terming the Budget 2021 "exceptional", Prime Minister Narendra Modi on Monday said it has a vision of "Aatmanirbhar" (self-reliance) and inclusion of every citizen with a sense of belief in development amid the Covid-19...

Budget achieves goals of ‘Aatmanirbhar’ India: Shivraj

Bhopal, Feb 1 (IANS) Madhya Pradesh Chief Minister Shivraj Singh Chouhan has described the Union Government's General Budget 2020-21 as the budget to achieve the goals of an 'Aatmanirbhar' (self-reliant) India. Reacting to the Budget, Chouhan said,"Union Finance Minister Nirmala...

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Huge losses from fresh Maha lockdown, says industry body

Mumbai, Apr 14 (IANS): Having barely recovered from the one-year pandemic lockdown, the fresh 15-day 'lockdown-style' restrictions in Maharashtra could...