The Perfect Holiday Gift Gift Now

Budget ignored Oppn-Ruled States? Outrageous Allegations, Says FM

Business Standard

|

July 25, 2024

Chidambaram claims inflation dismissed 'in just 10 words' in Budget speech

- ARCHIS MOHAN

Budget ignored Oppn-Ruled States? Outrageous Allegations, Says FM

Finance Minister Nirmala Sitharaman on Wednesday termed "outrageous" the Opposition's allegations that the Budget for FY25 "ignored" all states barring Andhra Pradesh and Bihar. She accused the West Bengal government of failing to implement the Centre's schemes a day after Chief Minister Mamata Banerjee had claimed that the Budget had neglected her state.

The day began with the Opposition INDIA bloc MPs protesting inside the Parliament premises the alleged discrimination against Opposition-ruled states in the Union Budget, with Leader of the Opposition in the Lok Sabha, Rahul Gandhi, saying the Budget is an "assault on the sanctity of India's federal structure".

Opposition leaders Mallikarjun Kharge, Sonia Gandhi, Akhilesh Yadav, and others joined the protesting MPs who raised placards that stated: "We want India Budget not NDA Budget" and "NDA betrays India in Budget”.

The Congress has also decided that its chief ministers will boycott the NITI Aayog meeting scheduled for July 27, as would the CMs of some of its alliance partners, to protest the Budget "ignoring" Opposition-ruled states. Telangana Chief Minister A Revanth Reddy and his Karnataka counterpart Siddaramaiah have said they will not attend the meeting on July 27.

Business Standard से और कहानियाँ

Business Standard

Domestic steel prices likely to rise in March quarter

The Ministry of Finance announced the extension of safeguard duties (SGD) until April 2028, ending policy uncertainty.

time to read

3 mins

January 03, 2026

Business Standard

Crackdown on protests: Trump threatens Iran of intervention

US President Donald Trump threatened on Friday to come to the aid of protesters in Iran if security forces fire on them, days into unrest that has left several dead and posed the biggest internal threat to Iranian authorities in years.

time to read

1 min

January 03, 2026

Business Standard

Captive, commercial mines drive coal output growth in FY26

Coal output and dispatches from captive and commercial mines rose in December and the third quarter of 2025-26 (Q3FY6), reflecting a steady increase in their contribution to domestic coal supply.

time to read

1 min

January 03, 2026

Business Standard

Sebi working on tech road map for stock exchanges, other MIIs

The Securities and Exchange Board of India (Sebi) is planning a working group to develop a technology road map for market infrastructure institutions (MIIs) such as stock exchanges, clearing corporations, and depositories, Chairman Tuhin Kanta Pandey said on Friday.

time to read

1 mins

January 03, 2026

Business Standard

Nifty hits new high amid hopes of earnings revival

Indian equities gained, and the benchmark Nifty hit new high amid gains in other peer indices and hopes of corporate earnings revival in the December quarter.

time to read

1 mins

January 03, 2026

Business Standard

Deadline for textile PLI scheme applications extended to March 31

The government has further extended the deadline for submission of fresh applications under the production linked incentive (PLI) Scheme for Textiles until March 31.

time to read

1 min

January 03, 2026

Business Standard

Biren soars 76% in Hong Kong debut

Shares of Chinese AI chip designer Shanghai Biren Technology closed up 76 per cent in their Hong Kong debut on Friday, the financial hub's first listing of 2026.

time to read

1 min

January 03, 2026

Business Standard

FPIs buy ₹7.5K cr domestic debt on Jan 1

This marks highest single-day inflow since May 29, 2025

time to read

1 mins

January 03, 2026

Business Standard

Will govern NYC ‘audaciously,’ says Mamdani

Indian-origin politician Zohran Mamdani vowed to govern “expansively and audaciously” and deliver an agenda of affordability for New Yorkers as he thanked his family from “Kampala to Delhi” after being sworn-in as the 112th Mayor of New York City.

time to read

1 min

January 03, 2026

Business Standard

‘PRAGATI spurring fresh interest in infra investments’

‘The government has resolved issues impeding 62 mega private investment projects worth about %10.57 trillion, through the ‘Pro-Active Governance And Timely Implementation’ (PRAGATI) platform, which has also helped 3,300 stalled public -sector and public-private partnership (PPP) projects worth over 285 trillion, get off the ground since it was set up in 2015.

time to read

3 mins

January 03, 2026

Listen

Translate

Share

-
+

Change font size