Union Budget

The Union Budget of India, also known as the Annual Financial Statement in Article 112 of the Constitution of India, is the annual budget of the Republic of India. Centre presents it on the first day of February every year.

• India's Green Finance Blueprint: The Climate Finance Taxonomy Presented in Budget 2024-25

  The growing urgency of climate change has spurred a global shift towards sustainable investments. India, a major player on the world stage, is no exception. Recognizing the need to channel substantial funds into climate-friendly initiatives, Finance Minister Nirmala Sitharaman announced the development of a 'climate…

• Union Budget Aims at Creating Job, Skilling Opportunities to Benefit 4.1cr Youth in 5 Years

  PM's package, comprising five key schemes and initiatives aimed at creating substantial employment and skilling opportunities, is set to benefit 4.1 crore youth over the next five years, backed by a central outlay of Rs. 2 lakh crore.…

• Budget is for Development of Country, Welfare of Poor: Union Minister Shivraj Singh Chouhan

  This is a universal, all-encompassing and inclusive budget that embodies social justice, said Union Agriculture Minister Shivraj Singh Chauhan.…

• Budget 2024: Agricultural Leaders Share Their Reactions and Insights

  Leaders in the agricultural sector reacted to the Union Budget 2024-25 presented today by Finance Minister Nirmala Sitharaman. See all reactions here.…

• Budget Expectation 2024-25: NK Aggarwal

  By implementing these recommendations, we can ensure a resilient and prosperous agricultural sector that significantly contributes to India's economic growth and the well-being of our farmers.…

• Budget 2024: Major Highlights for India's Agriculture Sector

  Budget 2024: Productivity and resilience in agriculture are first among the nine priority areas announced in the Union Budget. The Budget 2024-25 has made a provision of Rs 1.52 lakh crore for agriculture and allied sectors.…

• Budget Expectation 2024-25: KC Ravi

  KC Ravi, Chief Sustainability Officer at Syngenta India said Indian agrochemical industry needs increased R&D investment and policy support to enhance innovation, curb unscrupulous practices, and achieve sustainable agricultural growth, contributing to the nation's goal of Viksit Bharat by 2047.…

• Budget Expectation 2024-25 : Susheel Kumar

  Susheel Kumar, Managing Director and Country Head, Syngenta India, calls for the 2024-25 budget to address climate challenges in Indian agriculture through increased infrastructure funding, collaborative research, intellectual property protection, and incentives for technology and R&D.…

• Budget Expectation 2024-25: Ram Kaundinya

  Ram Kaundinya, Advisor, Federation of Seed Industry of India (FSII) opined that enhancing digital infrastructure is crucial for operational efficiency, reducing drudgery, and enabling digital business operations in agriculture.…

• Budget Expectation 2024-25: Deepak Bhardwaj

  Deepak Bhardwaj, Co-Founder and Director, of IoTechWorld Avigation highlights importance of innovations in precision farming, data analytics, and smart irrigation systems will enhance productivity & sustainability.…

• Budget Expectation 2024-25 : Raju Kapoor

  Raju Kapoor, Director, Industry & Public Affairs, FMC India advocates for the budget 2024-25 must acknowledge the stark reality of food inflation, aggravated by stock restrictions on essential commodities such as pulses, wheat, and rice.…

• Budget Expectation 2024-25: Dr RS Sodhi

  Dr. R.S. Sodhi, President of the Indian Dairy Association and Former MD of AMUL, emphasized the need for more trained human resources for efficient artificial insemination and the importance of making sex-sorted semen more affordable.…

• Budget Expectation 2024-25: M Balakrishna

  M Balakrishna - Vice President, Sales & After Sales, SDF India advocates for the budget 2024-25 must prioritize investments in rural infrastructure, particularly in irrigation systems and connectivity, access to credit facilities, and research and development in agricultural sciences.…

• Budget Expectation 2024-25: Dr Rajvir Rathi

  Dr Rajvir Rathi, Vice Chairman, Federation of Seed Industry of India and Head of Agricultural Policy & Stakeholder Affairs at Bayer Crop Science called for national recognition of research and development-driven seed companies.…

• Budget Expectation 2024-25: Dr RR Burman

  Dr RR Burman, ADG ICAR, advocates for the budget 2024-25 to increase investment in agricultural research and development, crucial for developing resilient crop varieties.…

• Bolster Manufacturing Sector, Give Tax Relief to Middle Income Group: PHDCCI ED Dr Ranjeet Mehta

  Union Budget should spell out measures to further strengthen India’s journey towards 'Viksit Bharat' under the leadership of Prime Minister Narendra Modi.…

• Budget 2024 Expectations: Agricultural Leaders Call for Increased Investment and Reforms

  Leaders in the agricultural sector are calling for significant investments and comprehensive reforms to bolster rural infrastructure and promote sustainable growth.…

• Pre-Budget Consultation Meetings for Union Budget 2024-25 Conclude in New Delhi

  Pre-Budget consultations for Union Budget 2024-25, chaired by Finance Minister Nirmala Sitharaman, concluded with stakeholders urging tax cuts on farm equipment and enhanced allocations for agricultural research.…

• CropLife India Applauds Interim Budget 2024-25, Urges Comprehensive Measures in Full Budget

  CropLife India advocates for increased R&D support, uniform customs duty, and GST reduction to boost innovative and sustainable crop protection for farmers.…

• Nano DAP Applications Unveil Potential to Transform Agriculture and Slash Fertilizer Subsidies: SICCI

  Arun Alagappan, President, SICCI and Executive Vice Chairman, Coromandel International Limited, expressed his support for the budget proposals. Highlighting the significance of Nano-DAP in agriculture, Alagappan emphasized its potential to revolutionize farming practices across various crops and agro-climatic zones.…

• Historic Budgetary Allocation and Visionary Policies Propel India's Fisheries Sector into New Heights in FY 2024-25

  The fisheries sector, bolstered by visionary leadership and strategic policy initiatives, is set to achieve newer heights during the Amrit Kaal.…

• Interim Budget Reflects Government’s Commitment to Farmers and Social Welfare, Says Union Agriculture Minister

  Union Agriculture Minister Arjun Munda's assessment of the interim budget highlights the government's multifaceted approach towards agricultural development, economic progress, and environmental sustainability.…

• Union Budget 2024 Key Takeaways for Agriculture, Who Said What, Post Budget Reactions

  Budget 2024 was tabled by the Union Finance Minister Nirmala Sitharaman for the last time on Thursday, February 1, 2024. She announced that PM Awas Yojana (Grameen) scheme would allow more people to buy and build their homes, free electricity would be provided, a rooftop…

• Union Budget 2024: FM Nirmala Sitharaman Highlights Need To Focus on 'Annadata'

  Finance Minister Nirmala Sitharaman commences interim budget 2024 speech at the Parliament of India, Delhi. She highlights the need to focus on 'annadata', the farmers, of the country for food security and sustainability.…

• Anticipation Peaks as India Gears Up for Union Budget 2024, Last Stop Before Lok Sabha Elections 2024

  WRMS and Basiz Fund Services express optimism for impactful changes, eyeing potential announcements in the last budget before the upcoming Lok Sabha elections.…

• Budget 2024 Expectations: Federation of Seed Industry of India, FSII's Vision Nurturing India's Agricultural Renaissance

  As India propels itself towards agricultural excellence, the seed industry emerges as a cornerstone for sustainable growth. The Federation of Seed Industry of India (FSII), a formidable association of R&D-based plant science companies, envisions a robust future for the sector, aiming for India to become…

• Budget 2024 Wishlist: Tax on Rich Farmers To Induce Taxation Fairness

  RBI committee member advocates income tax on wealthy farmers; for fairness in taxation amongst small-scale and large-scale farmers.…

• Union Budget Ensures Growth Momentum in All Sectors: FM Nirmala Sitharaman at PHDCCI

  Finance Minister informed that the central government is collaborating with the states, as well as the Tier III administrations, such as the Panchayats or ward-level administrations, to ensure that MSME priorities remain at the top of the agenda.…

• Budget 2023-24: Share of Animal Husbandry Sector Increases By 40%

  The Department of Animal Husbandry and Dairying received Rs 4,327.85 crore, an increase from Rs 3,105.17 crore in the revised estimates for 2022-23.…

• "First Union Budget of ‘Amrit Kaal’ will Ensure Country's Rapid Development": Yogi Adityanath

  The first Union Budget of the "Amrit Kaal" will ensure the country's rapid development, and Uttar Pradesh will benefit greatly from it, said Chief Minister Yogi Adityanath on February 2.…

• Union Budget 2023: Old vs New Income Tax Regime; Which One is Better?

  In the Union Budget 2023, Finance Minister Nirmala Sitharaman announced significant adjustments to the new income tax regime, including reduced tax rates and a tax rebate on income up to Rs 7 lakh. But how does it compare against the previous income tax regime? Here…

• How the Agriculture Sector Reacted to Union Budget 2023-24?

  Here's how agriculture experts and stakeholders reacted to the Budget 2023 announced by Finance Minister Nirmala Sitharaman on Wednesday.…

• Budget 2023 Special: Eminent Agri Experts Get Candid on ‘Agribusiness Insights with Vijay Sardana’ at KJ Studio, New Delhi

  Agriculture experts and stakeholders reacted to the Budget 2023 announced by Finance Minister Nirmala Sitharaman in the ‘Agribusiness Insights with Vijay Sardana’, where the techno legal expert hosted a special episode in association with Krishi Jagran to discuss the agriculture budget 2023 with prominent personalities.…

• Budget 2023-24: Govt. to Launch PM-Pranam Scheme to Promote Alternative Fertilisers

  Nirmala Sitharaman, the Union Finance Minister, announced the launch of a PM Program for restoration, awareness and amelioration of Mother Earth (PM Pranam) scheme this year.…

• Union Budget 2023: FM Nirmala Sitharaman Proposes PAN as Common ID for Business

  Budget 2023: Finance Minister Nirmala Sitharaman has proposed to use PAN cards as a common identifier for all digital systems at government agencies.…

• Budget 2023: Sitharaman Announces New Saving Scheme for Women

  Through Mahila Samman Bachat Patra, women can deposit up to Rs. 2 lakh for a two-year term at a fixed interest rate of 7.5% with the possibility of partial withdrawal.…

• Major Highlights of Union Budget 2023

  The Union Budget of India 2023 was presented by Finance Minister Nirmala Sitharaman in Parliament today. Here are the highlights of Budget 2023.…

• Budget 2023: 1 Crore Farmers Will Get Assistance to Adopt Natural Farming: Sitharaman

  Finance Minister Nirmala Sitharaman presented her fifth straight budget today (Feb 1). It was the full budget of Modi 2.0 Government before the next parliamentary elections in 2024.…

• Budget 2023: PM Garib Kalyan Anna Yojana' Expenditure to be Borne by Center

  Budget 2023: The budget 2023 is driven by keeping seven priorities in mind: Inclusive development, Reaching the last mile, Infra & investment, Unleashing the potential, Green growth, Youth power, & Financial sector.…

• Budget 2023 Highlights: Agricultural credit target to be increased to Rs 20 lakh crores: FM Sitharaman

  The finance minister Nirmala Sitharamam presented her fifth Union Budget today. In her speech, she mentioned how the Indian economy is on the right track, and heading toward a bright future.…

• Budget 2023-24 Expectations: Nirmala Sitharaman to Deliver 5th Budget Speech Today

  Budget 2023 Expectations Updates: The budget session of Parliament will commence today with an address by President Droupadi Murmu to the joint sitting of two Houses of Parliament.…

• "New Budget to Fulfill Aspirations of 25 crore People": Yogi Adityanath

  Uttar Pradesh Chief Minister Yogi Adityanath assured the people of the state on Saturday that the upcoming state budget will reflect the aspirations of 25 crore people and that the Lokalyan Sankalp Patra resolutions will be implemented.…

• Budget 2023-24: CropLife India Urges Govt. to Reduce High GST Rates on Agrochemicals

  CropLife India urged the Indian government to implement a science-based, progressive and predictive regulatory regime, for the sector to achieve its true potential.…

• Budget 2023: Follow These Easy Steps to Check Budget Online!

  The upcoming budget will be presented in paperless mode, just like the previous two editions.…

• Budget 2023: FM Nirmala Sitharaman to Perform the Halwa Ceremony Today, Know Everything About the Rituals

  A customary ‘Halwa’ ceremony will be held today, January 26, to mark the final stage of the Budget preparation process.…

• Budget 2023: What to Expect from Modi Govt's Last Budget? Home Loan Reduction, Increase in Social Scheme Spending & More

  The government is expected to put its attention on improving the nation's infrastructure while also announcing tax benefits for the general public. Everyone is watching to see how the government manages the fiscal imbalance and inflation. More details inside.…

• Union Budget 2023-24: PHDCCI Recommends Creation of Demand/Consumption, Cut in Business Cost

  Enhancing private investments is one of the recommendations made to the government by the PHD Chamber of Commerce and Industry (PHDCCI) as the Union Budget 2023-24 is presented at a critical juncture of geopolitical uncertainty, high inflation, and slowing global economic growth.…

• Budget 2023-24: ACFI Urges Finance Minister to Cut Import Duty & GST on Crop Protection Chemicals

  The Union Budget will be presented in the parliament on February 1 by Finance Minister Nirmala Sitharaman…

• Govt Committed to Double Farmers' Income: Nirmala Sitharaman

  She pointed out that the Indian economy has improved since 2013, when it was one of the 'fragile five', and is now a bright spot…

• PM Modi to Hold Pre-Budget Meeting with Economists & Experts at NITI Aayog on Friday

  Prime Minister Narendra Modi will hold a pre-budget meeting at NITI Aayog on Friday, January 13th, with economists and sectoral experts to discuss the state of the economy and measures to accelerate growth.…