On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-26 in Parliament. This marks the eighth budget by Sitharaman, making her the first finance minister in Indiaâs history to present so many budgets. It is also the first budget of Prime Minister Narendra Modiâs third term. Sitharaman emphasised...
Tag: Finance Minister
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Rs 1 trn Urban Challenge Fund to Boost Infrastructure
Finance Minister Nirmala Sitharaman announced that the Indian government will establish a Rs 1 trillion Urban Challenge Fund to enhance urban infrastructure. The fund aims to support cities as centres of economic growth by financing up to 25 per cent of bankable projects, with a focus on creative city redevelopment, water, and sanitation initiatives. The...
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FM Unveils Major Initiatives for Bihar in 2025 Union Budget
In her eighth consecutive budget presentation in Parliament, Union Finance Minister Nirmala Sitharaman laid out a roadmap for achieving “Sabka Vikas” by ensuring inclusive growth across all regions of India. Emphasising the countryâs strong economic trajectory, she highlighted India’s position as the fastest-growing economy among major nations. Sitharaman underscored the governmentâs commitment to harnessing the...
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Budget 2025-26: Industry reactions
Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to Indiaâs competitive edge on the global stage. Hereâs what industry has to say about various announcements and initiatives announced in the budget: Real...
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Budget 2025-26: Indiaâs startup ecosystem gets Rs 10,000 crore Fund of Funds
The Union Budget 2025-26 Announced a establishment of a new Fund of Funds with an additional âš10,000 crore for startups that will provide significant benefits to India’s entrepreneurial ecosystem. Calling it a significant step in strengthening Indiaâs startup ecosystem, Vimal Nadar, Head of Research, Colliers India said, âThis fresh infusion, combined with the existing government...
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Privatisation to Boost Tech and Distribution Efficiencies
Several structural reforms announced for the power sector in the Budget 2021-22 are steps in the right direction, says Sanjay Banga, CEO, Tata Power Delhi Distribution Ltd (TPDDL). Excerpts of the interview⌠What are your views on the Budget and how much has it addressed problems on the ground?All the three measures announced are a...
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India expects major investments in infra sector, says FM
Keeping in mind the acute infrastructure deficit that has traditionally plagued the country, Finance Minister Arun Jaitley has said that he sees a èlot of investmentè coming into the sector over the next few years.
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Private participation likely in modernisation of state-run ports
Drawing from the experience of the aviation and highways sectors, the Shipping Ministry is looking at modernising state-run sea ports with private sector support as a first step.
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Budget: Leapfrog from infra trampoline
The Union Budget 2014-15 presented by Finance Minister Arun Jaitley has laid an infra tarpaulin and created a mood for growth. An eBiz integrated portal where all ministries would be integrated by December is underway to facilitate business. The allocations are across the spectrum of infrastructure, manufacturing and social sectors.
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Foreign investment inflow to double
Foreign investment in the Indian economy is expected to more than double, with inflows from both foreign direct investment and foreign institutional investors set to surge above $60 billion in the current financial year, compared with the $29 billion in 2013-14, an ASSOCHAM note has projected.
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