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Large Chunk Of Government Fund Goes Unutilised In Education Sector

February 3, 2022 13:24

The government has revealed some fascinating facts about the funds utilised in the education sector. According to the Ministry of Education, out of Rs 93,224 crore rupees allocated for education in last year’s Budget, only approximately Rs 56,567 crore have been utilised so far. The government also revealed that in 2021-22 the unspent balance (as […]

Nirmala Sitharaman Might Just Have Put Her Foot In The Mouth

February 2, 2022 16:12

At a post-Budget press conference held in the national capital Wednesday morning, the Finance Minister’s “made light” of Rahul Gandhi’s accusation that the government had delivered a “zero-sum budget” for the middle class, farmers and the poor. When Ms Sitharaman was asked to comment on Mr Gandhi’s attack, she said: “I think he has not […]

Gujarat Industries To Have A Mix Of Union Budget

February 2, 2022 11:32

Gujarat Industries will have a mix of Union Budget because of the speculations of incentives, especially for the healthcare sector during the pandemic. Hemant Shah, the president of the Gujarat Chamber of Commerce and Industry (GCCI) states that the health care sector has suffered the most due to the pandemic and some specific relief measures […]

NITI Aayog ‘s Amitabh Kant Lauds Expansion on Capital Expenditure 

February 1, 2022 17:37

Hailing the Budget tabled Tuesday, NITI Aayog CEO Amitabh Kant, praised finance minister Nirmala Sitharaman. “It is a very progressive and forward-looking plan as it prepares India for the next stage of its sustained growth,” stated Mr Kant. He added that Budget 2022-23 is a continuation from the previous year. “The real highlight of the […]

Key Highlights Of Union Budget 2022-23

February 1, 2022 16:15

The Union Budget 2022-23 is presented in the ‘never before’ environment with a focus on PM Gati Shakti, Inclusive Development, Productivity Enhancement, Sunrise opportunities, Energy Transition, Climate Action, and Financing of Investments.  Government expenditure for the financial year 2022-23 is expected to be Rs 39.45 lakh crore with a receipt of Rs. 22.84 lakh crore. […]

Farmers And Drone Entrepreneur Get Wings Of Drones In Union Budget

February 1, 2022 15:12

Finance minister Nirmala Sitharaman during Union Budget Announced that “Startups will be promoted to facilitate ‘Drone Shakti’ through varied applications for drones as a service”. The finance minister has announced about Kisan Drones which will be a huge asset in the farming and agriculture industry as they will be used to keep track of land […]

Nirmala Sitharaman Announces Roll Out Of E-Passports This Financial Year

February 1, 2022 12:58

During Union Budget speech, Finance minister Nirmala Sitharaman announced about rolling out new E-Passports. They will be infused with microchips soon in this financial year to make travelling abroad easy for Indian citizens. Many of us are now curious about this new E-Passport. Many of us will be curious to know – What is E-Passport? […]