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    MCD budget estimates likely to be adopted on March 19
    MRAI's 12th IMRC and Union Budget 2025 Set the Course for India's Sustainable Recycling Leadership
    PM hopeful of achieving Rs 9 lakh-cr textile exports ahead of 2030 deadline
    Disruptions in Parliament over US deportations, Waqf panel report in first part of Budget Session
    Focus on revenue outlay over capex in Bengal budget indicates populism tilt in election yr: Experts
    Opposition slams Budget as bundle of empty promises, ruling party MPs say it has vision for developed India
    No philosophy behind budget, it's politically driven with Delhi polls in mind: Chidambaram
    Opposition parties hit out at govt over jobs, inflation; say Budget neglected rural, poor
    Budget debate: Opposition calls tax relief 'sugar rush'; BJP says it is 'booster shot' for economy
    Opposition tears into govt over rising income inequality, inflation, lack of jobs
    Budget politically driven with Delhi polls in mind: P Chidambaram
    'Tax relief like sugar rush, won't help in long run': Maran
    DMK achieved huge victory on Periyar's soil, says TN CM
    New I-T law explainer: No new taxes, simple read for common man
    In Tirunelveli, CM Stalin targets Centre with ‘halwa’ jibe for letting down TN in Union Budget
    Decision to open nuclear sector to private players revolutionary: Jitendra Singh
    Tax Relief Wins Applause, But Will It Boost Consumption? Industry Leaders React
    Union Budget 2025 Reactions: This is how industry leaders reacted to the Union Budget 2025
    Centre allocates Rs 10,599 cr for rail network development in Odisha: Vaishnaw
    Par panel stresses on need for consistent, predictable financial allocations to MEA: Report
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    February 25, 2025
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    Municipal budget schedule sets staged deliberations culminating in formal adoption of budget estimates after sequential meetings.
    Municipal budget adoption schedule: The Municipal Corporation of Delhi will follow a staged procedure-special meetings commencing with a Leader of Opposition-initiated debate, a designated party leader's speech and broader discussion, then a general budget discussion-culminating in formal adoption of the budget estimates after this sequence of deliberative stages.
    February 22, 2025
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    Zero import duty on non ferrous scrap boosts recycling competitiveness and introduces mandatory recycled content standards for manufacturers.
    The Budget 2025 and associated measures eliminate basic customs duty on specified non ferrous metal scrap to lower input costs and boost recycling competitiveness, and introduce minimum recycled content obligations for new non ferrous products alongside tax measures-Reverse Charge Mechanism under GST and a 2% TDS on scrap purchases-to increase transparency. Administrative steps include designation of a metal recycling authority and industry calls to remove remaining duties and extend RCM to e waste and battery waste to formalize supply chains.
    February 16, 2025
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    Textile export target accelerated ahead of deadline, backed by a Cotton Mission, budget increases and industry reforms.
    Government policy seeks to accelerate textile export growth by targeting a tripling of current export levels ahead of 2030, supported by a five year Cotton Mission to boost cotton productivity and an increased Ministry of Textiles budget. The strategy pairs fiscal backing with emphasis on technical textiles, skill development, industry-academic collaboration, and appeals to banks for project finance to scale medium sized units within an integrated 5F value chain framework.
    February 13, 2025
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    Parliamentary procedure faces disruptions over deportation treatment and redaction of dissent notes in Waqf committee report.
    Parliamentary proceedings in the first part of the Budget session were disrupted by protests over the treatment of Indians deported from the United States and by controversy surrounding the Joint Committee on Waqf report, where the chairman's redaction of parts of dissent notes prompted both Houses to demand full submission and prompted a corrigendum in the Rajya Sabha; these disputes raised procedural concerns about committee transparency and the acceptance of minority views while Budget business and related legislative measures continued.
    February 13, 2025
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    Revenue expenditure emphasis ahead of elections shifts spending to social welfare, raising fiscal transparency and debt sustainability concerns.
    The 2025-26 West Bengal budget shifts emphasis toward revenue expenditure over capital outlay, directing a large portion of increased spending to social welfare and cash transfers while marginally raising capex. Revised estimates for the current year increased revenue outlays and reduced capital spending, and downward revisions to GSDP growth alongside higher debt to GSDP ratios have raised concerns about fiscal transparency and debt sustainability amid election year policy choices.
    February 11, 2025
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    Budget critique: opposition cites unmet social and agricultural priorities while government frames it as growth and development vision.
    Parliamentary debate on the Union Budget 2025-26 split between opposition criticism that the Budget fails to tackle unemployment, inflation, farmer distress and reduces targeted welfare allocations while relying on indirect taxation, and ruling-alliance assertions that the Budget sustains post-pandemic growth, raises consumption through income tax relief and advances a long-term development vision for a developed India by 2047.
    February 10, 2025
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    Political budgeting: income-tax relief aids middle and high earners while capital spending cuts neglect the bottom half.
    The Budget is characterised as politically driven and skewed toward income-tax relief that benefits middle- and high income taxpayers while doing little for the bottom 50 per cent. Fiscal consolidation was achieved largely by cutting central capital expenditure and grants-in-aid for state capital projects, reducing public investment without equivalent deficit savings. The critique emphasises falling real wages, shrinking household savings, high inflation in essential sectors, unchanged minimum and MGNREGA wages, and inadequate employment outcomes from government schemes.
    February 10, 2025
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    Budget neglect of poor and rural populations raises concerns over jobs, inflation control, and social welfare allocations.
    Opposition alleges the Union Budget is politically driven and neglects the poor, rural communities and employment needs, citing rising inflation, higher youth unemployment and falling real earnings for some self-employed workers; they assert allocations for MNREGA and PM-Kisan are insufficient and that no measures were announced to control inflation or to improve wages and conditions for low-income workers. Several MPs demand region-specific remedies, including special category status or fairer fiscal shares for certain states, greater infrastructure and housing investment, and reductions in wasteful spending to address the fiscal deficit.
    February 10, 2025
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    Tax relief framed as short term stimulant vs long term risk, sparking debate over budget's broader economic impact.
    Tax relief in the Union Budget is criticised as a limited, election centric stimulus benefiting few taxpayers while failing to address wider macroeconomic problems such as a weakening currency, rising public debt, slowing growth, unemployment and agricultural distress. The government defends the rebate as a fiscal booster to stimulate start ups and demand, but members warned it may be a short lived "sugar rush" rather than a durable, inclusive recovery. Debate also raised concerns over proposed FDI liberalisation in insurance and calls for stronger farmer and employment guarantees.
    February 10, 2025
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    Income inequality flagged as central concern in budget debate, tied to inflation, joblessness and inadequate social spending.
    Opposition criticised the Union Budget for increasing income inequality and failing to tackle inflation and unemployment, citing concentrated wealth, stagnant growth, declining real earnings for self employed male workers, rising youth joblessness, inadequate allocations for health and education, and large banking-sector write offs amid alleged frauds; government supporters defended the Budget as a development roadmap with investments in infrastructure, urban development, railways and education reforms to promote growth.
    February 10, 2025
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    Capital expenditure cuts used to trim the fiscal deficit, while poorer households receive little targeted relief.
    The Budget is characterised as politically driven and focused on middle class income tax relief while neglecting the bottom half of the population. It is criticised for not raising MGNREGA wages or the statutory minimum wage and for achieving a modest improvement in the fiscal deficit primarily by cutting central capital expenditure and grants in aid to states for capital assets rather than by broader fiscal measures.
    February 10, 2025
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    Tax relief seen as short term economic sugar rush, benefitting few while leaving structural debt and price pressures unaddressed.
    Opposition views the Union Budget's middle class tax relief as a short term measure that benefits few and favours corporate interests, failing to tackle rising prices or structural economic problems. They warned of mounting government debt constituting an intergenerational debt concern and highlighted agricultural distress despite increased rural wage employment; the Finance Minister's absence from the Lok Sabha debate led to a party's announced boycott of her reply.
    February 8, 2025
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    Fiscal federalism questioned: Centre's shift from grants to interest free loans challenges constitutional funding norms for states.
    Alleged erosion of fiscal federalism and constitutional governance since the Union Budget prefers providing interest free loans to states instead of non conditional grants, raising questions whether this repayable financing aligns with constitutional principles of intergovernmental transfers and lawful governance.
    February 7, 2025
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    Income tax overhaul to simplify law and remove obsolete provisions, maintaining revenue neutrality and easing compliance.
    The new Income Tax Bill will replace the 1961 Act by removing obsolete and amended provisions, shortening and simplifying statutory language to reduce ambiguity and litigation, and is intended to be revenue neutral rather than change tax rates; the Bill will be tabled in the Budget session and referred to the Standing Committee for scrutiny.
    February 7, 2025
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    Budget allocation dispute: Tamil Nadu alleges Centre excluded state from Union Budget and denied adequate flood relief.
    Chief Minister M K Stalin alleged the Centre excluded Tamil Nadu from meaningful budget allocation and denied adequate flood relief, forcing the state to fund relief and rehabilitation itself; after litigation the Centre provided a token grant far below the amount sought, which Stalin described as deceptive and indicative of discriminatory allocation favouring certain states.
    February 5, 2025
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    Opening of civil nuclear sector to private players enables statutory amendments and private participation in large-scale nuclear energy expansion.
    Opening the civil nuclear sector to private players will be enabled by amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act to permit active public-private partnerships aimed at substantially expanding nuclear generation capacity. The Union Budget launches a Nuclear Energy Mission to build indigenously developed Small Modular Reactors (Bharat Small Reactors), promoting SMRs for industrial and distributed power needs and encouraging private investment, domestic manufacturing, and technology development.
    February 5, 2025
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    Tax relief aims to boost disposable income and stimulate consumption via expanded exemptions and simplified compliance.
    Budget 2025 combines tax relief-including a higher nil-tax threshold and simplified TDS/TCS-with a large capital expenditure push to stimulate consumption and investment. It pairs startup incentives (abolition of angel tax, Fund of Funds), enhanced MSME credit and turnover thresholds, and targeted healthcare measures (duty exemptions and concessional rates for essential medicines). Energy, manufacturing and domestic capacity are supported by renewables and nuclear targets, shipbuilding and steel-sector focus, while skilling, education connectivity and promotion of Global Capability Centres aim to strengthen human capital. Implementation and timely spending determine the measures' immediate impact.
    February 5, 2025
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    Tax relief measures aim to boost disposable income and stimulate consumption, supporting manufacturing and strategic sectors.
    Union Budget 2025 introduces tax relief to raise disposable income and stimulate private consumption, coupled with targeted support for domestic manufacturing and strategic sectors. It enlarges higher education capacity and funds AI centres to boost skills and employability, increases Ministry of Electronics funding to promote semiconductors, and raises defence allocations to accelerate procurement-measures industry leaders say will benefit FMCG, retail, defence, semiconductors and education through increased demand, capacity building, and manufacturing opportunities.
    February 3, 2025
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    Railway funding allocation advances network expansion and safety system deployment, while sparking criticism over proportionality.
    The Union Budget allocates funds for railway development in Odisha, earmarking Rs 10,599 crore for network expansion, station upgrades, electrification and integration of the Kavach safety system; the package specifies station development funding, multi tracking and rolling stock integration, while reported achievements since 2014 are cited as the basis for ongoing project pipelines and the allocation draws political criticism concerning proportionality and prioritisation.
    February 3, 2025
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    Consistent predictable foreign ministry funding urged; panel calls to minimise BE RE gaps and create a contingency reserve fund.
    The parliamentary Committee urges consistent and predictable financial allocations to the MEA, calling for minimisation of BE RE differentials, protection of key heads from budgetary cuts, and creation of a dedicated contingency reserve fund for emergency, diplomatic or humanitarian needs. It identifies project specific concerns-stagnant Chabahar Port allocations during contract negotiation and the need for expedited procurement and cost approvals-and recommends readiness to seek additional funds at the Revised Estimates stage for resumed projects in neighbouring countries while promoting sustained diplomatic engagement for timely project progress.

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