All GST collections pocketed by Centre a myth: Nirmala Sitharaman
The GST Council, with a 75% majority vote requirement, assigns one-third voting power to the Centre and two-thirds to states, says Finance Minister Nirmala Sitharaman
finance minister
May 2024
February 2024
FM urges RBI to hold monthly meetings with start-ups, fintech cos
Nirmala Sitharaman urges RBI to hold monthly meetings via virtual mode to discuss concerns of start-ups and fintech companies.
Interim Budget 2024 Highlights
Finance Minister raises infrastructure outlay for the next fiscal by 11.1%.
Budget 2024: Crop insurance outlay on the rise
Crop insurance budgeted to increase by 41% from 2023 expenditure; 4 crore farmers benefit
Budget 2024: Allocation to specific ministries
Budget gives highest allocation to defence at ₹6.2 lakh crore in FY25
Budget 2024: Highest FDI Inflows in past 5 years
FDI inflow increased at a CAGR of 4% in last 10 years
Budget 2024: Fall in Headline Inflation
Headline inflation expected to be lowered down to 5.5% in FY24
Budget 2024: Gross NPAs as % of advances falling
NPAs reached their lowest to 3.2% of total advances in FY23
Budget 2024: Physical Infrastructure Uptrend
Massive outlay in nation’s infrastructure development
Budget 2024: Defence Is 13.2% Of Budgeted Expenditure
In FY24, seven ministries spent 55% of total expenditure
