Nirmala Sitharaman
India Aims For Developed Nation Status By 2047: FM Nirmala Sitharaman
Food

Coconut, Cashew Get Policy Push In Budget For Productivity Rise

New schemes for coconut, cashew, cocoa and sandalwood aim to boost farm productivity, exports and rural jobs, with added focus on livestock and high-value orchards.

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France Proposes EU Ban On Used Clothes Exports To Tackle Textile Waste
Fashion & Lifestyle Manufacturing

Budget 2026 Unveils National Fibre Scheme, Mega Textile Parks And Craft Revival

Union Budget 2026 introduce a five-part textile sector package including the National Fibre Scheme, Gram Swaraj initiative, Samarth 2.0, cluster upgrades and mega textile parks to boost jobs, exports and sustainability.

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Economy

Budget FY27 Bets On Capex, Manufacturing Push And Tax Overhaul

The Union Budget FY26–27 targets accelerated economic growth through higher capital expenditure of Rs 12.2 lakh crore, major industrial and infrastructure schemes, and key tax reforms, including a new Income Tax Act effective April 2026.

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Union Budget FY26–27: ₹12.2 Lakh Crore Capex, Tax Overhaul and Manufacturing Boost
Electronics

Budget 2026 Intoduce ISM 2.0, Raises Electronics Scheme Outlay

Union Budget 2026 unveils ISM 2.0, new semiconductor incentives, and doubles the electronics components scheme outlay to Rs 40,000 crore to boost India’s electronics manufacturing ecosystem.

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Govt Steps Brings Down Prices Of Perishables, Says Sitharaman
consumer Economy

Sitharaman Tables Bills For New Levies On Tobacco Products

The Central Excise (Amendment) Bill, 2025, seeks to replace the GST Compensation cess, which is levied on all tobacco products currently

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Sitharaman Assures Stable Inflation As It Declines From 5.1%
Economy Government National News

Sitharaman Assures Stable Inflation As It Declines From 5.1%

Finance Minister Nirmala Sitharaman, while addressing the Parliament during the discussion on the Interim Union Budget for 2024-25, emphasised key financial indicators and government initiatives aimed at bolstering economic growth and fiscal stability. Sitharaman’s remarks shed light on various aspects of the budget, including inflation, capital expenditure, and allocations for Jammu and Kashmir. Addressing inflation […]

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High Shipping Costs, Shipments' Delay, Red Sea Woes Hit Textile Exports
Government National News

CMAI Seeks Amendment In MSMEs’ Credit Structure

The Clothing Manufacturers Association of India (CMAI) has expressed appreciation for the Government of India’s efforts in introducing the MSME Payment amendment to the Income Tax under Section 43 (b) (h) to tackle issues of delayed and non-payment faced by the MSME sector. However, the amendment has led to significant adverse consequences for the domestic […]

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Sitharaman Assures Stable Inflation As It Declines From 5.1%
Electronics Finance Government National News

Focus On Youth, Tech & Innovation: FM Sitharaman Unveils Interim Budget 2024-25

Finance Minister Nirmala Sitharaman has presented the budget for the sixth time. On Thursday, she unveiled the interim budget for FY 2024-2025 ahead of the official government takeover in July 2024. Sitharaman expressed confidence in BJP’s victory in the upcoming general election this year. She stated, “In July 2024, our administration will present a comprehensive […]

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India Aims For Developed Nation Status By 2047: FM Nirmala Sitharaman
Finance Government Manufacturing National News

India Aims For Developed Nation Status By 2047: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman stated on Thursday that the government intends to convert India into a developed country by 2047. During the interim Budget 2024-25 presentation, she stated that minimum support prices for ‘Annadata’ (farmers) had been raised frequently and properly. Sitharaman emphasised the government’s commitment to social justice as an effective and necessary model, […]

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