Union Budget 2024: What To Expect News
The five big budget themes before Nirmala Sitharaman
Allocations for existing schemes for these sections of the society are likely to see an enhancement and new schemes may be announced.
3 min read11 Jan 2024Resist temptation: The interim budget must show fiscal prudence
India has largely been fiscally responsible and our post-pandemic economy requires us to maintain that record. Sitharaman’s interim budget of 1 February should make that clear.
2 min read31 Jan 2024Vande Bharat to bullet train, Railways to ride a ₹3 tn budget
The capital expenditure for Indian Railways is likely to be increased by about 25% from the 2023-24 budget estimate.
3 min read31 Jan 2024Revealed: The growth, deficit assumptions behind the next budget
The nominal growth rate assumption always doesn't pan out, but are necessary to plan out spending and budgetary allocation
4 min read31 Jan 2024Centre to take foot off capex pedal after FY25 budget
The Union government may boost capex allocation by 25% to a record ₹12.5 trillion in 2024-25, Mint reported in November. However, the Centre is also keen to bring the fiscal deficit below the targeted 4.5% by 2025-26.
2 min read31 Jan 2024Did ancient India have annual Union budget concept?
Although documented Indian history lacks specific details about the administration of dynasties in different regions, the Arthashastra provides a comprehensive account of the financial budget process.
4 min read31 Jan 2024Sovereign green bonds to make a comeback in budget
The Union budget may propose sovereign green bonds worth at least ₹20,000 crore as part of the borrowing programme for FY25A large chunk of these bonds may be sold in the second half of the next fiscal year
3 min read31 Jan 2024Union budget 2024: A wishlist of the middle class
The finance minister has already said that being a ‘vote on account’, there will not be any ‘spectacular budget announcements’ on 1 February.
3 min read31 Jan 2024India’s flagship nutrition scheme may receive only a marginal boost in Budget
The Saksham Anganwadi and Poshan 2.0 scheme has helped address issues of stunting and wasting, particularly in tribal areas. But the outlay for it forms only 0.5% of the total Union Budget
1 min read31 Jan 2024Budget may announce viability gap funding for offshore wind projects
The renewable energy ministry's estimates indicate a need for ₹14,212 crore in VGF to set up 3 GW of offshore wind energy capacity, along with an additional ₹13,500 crore for transmission and power evacuation infrastructure
3 min read31 Jan 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared