union budget

January 5, 2025 5:38 PM

CII pushes for employment policies, labour reforms, and boosting women workforce in Union Budget 2025-26

The Confederation of Indian Industry (CII) has urged the government to prioritize employment generation, implementation of labour reforms, and increased participation of women in the workforce in the upcoming Union Budget 2025-26, set to be presented on February 1. Highlighting the potential of India’s demographic dividend, CII proposed an integrated National Employment Policy to unify the numerous employment-focused initiatives currently under various ministries and state governments. Chandr...

Nirmala Sitharaman to speak on Finance Bill later today, before its passage in Lok Sabha

Union Finance Minister Nirmala Sitharaman is scheduled to address the Lok Sabha today at approximately 4 PM, responding to discussions on the Finance Bill. This follows the House's passage of the Appropriation Bill for the central government's 2024-25 expenditure on Monday. The 2024-25 Union Budget, presented by Sitharaman on July 23, outlines several key economic measures. The fiscal deficit target has been set at 4.9% of GDP, with plans to reduce it below 4.5% by 2025-26. The capital expendit...