• Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024:

    **Economic Transformation and Priorities:**
    - Bharat's Economy witnessed transformation, with a focus on future development.
    - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country.
    - The government addressed worries about food by providing free rations for 80 crore people.
    - Real income in rural areas was enhanced, and systemic inequalities are being addressed.
    - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva.

    **Government Initiatives and Achievements:**
    - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years.
    - 78 Lakh street vendors benefited from PM Swanidhi.
    - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government.
    - 1051 Mandis have been connected, transacting ₹2 Lakh Crore.
    - The National Education Policy and Skill India initiatives are driving transformational reforms.
    - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs.
    - Increased participation of women in the workforce is evident.
    - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners.
    - Investments are robust, the economy is performing well, and inflation is moderate.
    - Record-building of physical, digital, and social infrastructure is underway.

    **New Initiatives and Plans:**
    - Introduction of Gift IFSC to create a robust gateway for global capital and financial services.
    - Establishment of Bharat-Middle East-Europe corridor for strategic development.
    - Plans to double seafood exports and set up more medical colleges.
    - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds.
    - Rollout of U-Win platform for managing vaccination nationwide.

    **Future Outlook and Targets:**
    - Next five years are projected to be years of unprecedented development.
    - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly.
    - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen.
    - Launching a scheme for middle-class housing.
    - Roadmap for Viksit Bharat to be presented in the full budget in July.
    - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25.

    **Taxation and Fiscal Policies:**
    - No proposed changes to taxation, both direct and indirect.
    - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards.
    - No changes to income tax slabs.
    - Revised total expenditure for FY24 at ₹44.90 Lakh Crore.
    - Formation of a high-powered committee to address concerns of fast population growth and demographic change.

    **Miscellaneous Updates:**
    - Focus on improving taxpayer services and reducing GST compliance burden.
    - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors.
    - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments.

    This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the InterimBudget2024, showcasing the government's vision and plans for the economy.
    Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024: **Economic Transformation and Priorities:** - Bharat's Economy witnessed transformation, with a focus on future development. - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country. - The government addressed worries about food by providing free rations for 80 crore people. - Real income in rural areas was enhanced, and systemic inequalities are being addressed. - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva. **Government Initiatives and Achievements:** - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years. - 78 Lakh street vendors benefited from PM Swanidhi. - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government. - 1051 Mandis have been connected, transacting ₹2 Lakh Crore. - The National Education Policy and Skill India initiatives are driving transformational reforms. - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs. - Increased participation of women in the workforce is evident. - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners. - Investments are robust, the economy is performing well, and inflation is moderate. - Record-building of physical, digital, and social infrastructure is underway. **New Initiatives and Plans:** - Introduction of Gift IFSC to create a robust gateway for global capital and financial services. - Establishment of Bharat-Middle East-Europe corridor for strategic development. - Plans to double seafood exports and set up more medical colleges. - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds. - Rollout of U-Win platform for managing vaccination nationwide. **Future Outlook and Targets:** - Next five years are projected to be years of unprecedented development. - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly. - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen. - Launching a scheme for middle-class housing. - Roadmap for Viksit Bharat to be presented in the full budget in July. - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25. **Taxation and Fiscal Policies:** - No proposed changes to taxation, both direct and indirect. - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards. - No changes to income tax slabs. - Revised total expenditure for FY24 at ₹44.90 Lakh Crore. - Formation of a high-powered committee to address concerns of fast population growth and demographic change. **Miscellaneous Updates:** - Focus on improving taxpayer services and reducing GST compliance burden. - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors. - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments. This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the InterimBudget2024, showcasing the government's vision and plans for the economy.
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  • Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024:

    **Economic Transformation and Priorities:**
    - Bharat's Economy witnessed transformation, with a focus on future development.
    - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country.
    - The government addressed worries about food by providing free rations for 80 crore people.
    - Real income in rural areas was enhanced, and systemic inequalities are being addressed.
    - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva.

    **Government Initiatives and Achievements:**
    - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years.
    - 78 Lakh street vendors benefited from PM Swanidhi.
    - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government.
    - 1051 Mandis have been connected, transacting ₹2 Lakh Crore.
    - The National Education Policy and Skill India initiatives are driving transformational reforms.
    - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs.
    - Increased participation of women in the workforce is evident.
    - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners.
    - Investments are robust, the economy is performing well, and inflation is moderate.
    - Record-building of physical, digital, and social infrastructure is underway.

    **New Initiatives and Plans:**
    - Introduction of Gift IFSC to create a robust gateway for global capital and financial services.
    - Establishment of Bharat-Middle East-Europe corridor for strategic development.
    - Plans to double seafood exports and set up more medical colleges.
    - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds.
    - Rollout of U-Win platform for managing vaccination nationwide.

    **Future Outlook and Targets:**
    - Next five years are projected to be years of unprecedented development.
    - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly.
    - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen.
    - Launching a scheme for middle-class housing.
    - Roadmap for Viksit Bharat to be presented in the full budget in July.
    - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25.

    **Taxation and Fiscal Policies:**
    - No proposed changes to taxation, both direct and indirect.
    - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards.
    - No changes to income tax slabs.
    - Revised total expenditure for FY24 at ₹44.90 Lakh Crore.
    - Formation of a high-powered committee to address concerns of fast population growth and demographic change.

    **Miscellaneous Updates:**
    - Focus on improving taxpayer services and reducing GST compliance burden.
    - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors.
    - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments.

    This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the #InterimBudget2024, showcasing the government's vision and plans for the economy.
    Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024: **Economic Transformation and Priorities:** - Bharat's Economy witnessed transformation, with a focus on future development. - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country. - The government addressed worries about food by providing free rations for 80 crore people. - Real income in rural areas was enhanced, and systemic inequalities are being addressed. - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva. **Government Initiatives and Achievements:** - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years. - 78 Lakh street vendors benefited from PM Swanidhi. - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government. - 1051 Mandis have been connected, transacting ₹2 Lakh Crore. - The National Education Policy and Skill India initiatives are driving transformational reforms. - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs. - Increased participation of women in the workforce is evident. - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners. - Investments are robust, the economy is performing well, and inflation is moderate. - Record-building of physical, digital, and social infrastructure is underway. **New Initiatives and Plans:** - Introduction of Gift IFSC to create a robust gateway for global capital and financial services. - Establishment of Bharat-Middle East-Europe corridor for strategic development. - Plans to double seafood exports and set up more medical colleges. - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds. - Rollout of U-Win platform for managing vaccination nationwide. **Future Outlook and Targets:** - Next five years are projected to be years of unprecedented development. - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly. - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen. - Launching a scheme for middle-class housing. - Roadmap for Viksit Bharat to be presented in the full budget in July. - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25. **Taxation and Fiscal Policies:** - No proposed changes to taxation, both direct and indirect. - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards. - No changes to income tax slabs. - Revised total expenditure for FY24 at ₹44.90 Lakh Crore. - Formation of a high-powered committee to address concerns of fast population growth and demographic change. **Miscellaneous Updates:** - Focus on improving taxpayer services and reducing GST compliance burden. - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors. - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments. This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the #InterimBudget2024, showcasing the government's vision and plans for the economy.
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  • The Economics of Sanatani Wedding in Bharat and how it spin the economic wheel

    38 Lakh marriages are to generate Rs 4.74 Lakh Crore business in Bharat. Lot more then Deepawali

    After a successful Deepawali season, Confederation of All India Traders predicted a huge retail business till next month.

    In 2022, 32 Lakh weddings occurred at the same time and trade clocked Rs 3.75 Lakh Crore.

    Over 4 Lakh weddings are set to happen in Delhi alone resulting in a business of Rs 1.25 Lakh Crore.

    There are 8 types of weddings taking place in India with expenses starting from Rs 3 Lakh, Rs 6 Lakh, Rs 10 Lakh up to Rs 50 Crore where expenses jumped 15% to 20% YoY.

    Here are top 9 goods and services contributing to the big wedding business:

    Jewellery - 15%.

    Tent decoration - 12%.

    Textiles - 10%.

    Catering - 10%.

    Electronics and durables - 5%.

    Dry fruits, and sweets -5%.

    Event management - 5%.

    Grocery and vegetables - 4%.

    Gift items - 4%.

    Hotels, marriage venues, travel, photography, music, lights, sound and other services have also pushed the wedding sector to a new high.

    Sustainability theme has become a new addition.

    As a luxury, international travel and innovative approaches are on trend, Indians’ favourite cities to wed are Dehradun, Mussoorie, Mahabalipuram, Siliguri, Mumbai, Udaipur, and many others.

    Goa and Rajasthan are 2 top choices.

    Brands like Mariott, Hilton, Taj Hotels, DLF Limited, Titan, jewellery and other travel companies are aiming for blockbuster sales during this season.

    Indian Govt’s “I do weddings in India” initiative and taxation also kept and brought more people to Bharat for marriage.

    Now I know some will jump and give excuse of Middle Class. For them I suggest use innovation, which can have low cost but life long memory

    In place of Mariott, Hilton, Taj Hotels, DLF Limited why not pick Village side. Yes marriage in village in village style. Use make shift tent city. The cost will be lot less, full adventure and ur money goes into village economy

    Let's take a wild example

    pick a river side in village. At two ends of river, one side is groom party and other side is Bride party. The travel is by decorated boats. now expand this idea. In High society style U can call it destination wedding

    Why just follow those high end over priced Marriage venues

    😎 Now you know why I am bullish on Village Tourism?
    Dr G Pradhan
    The Economics of Sanatani Wedding in Bharat and how it spin the economic wheel 38 Lakh marriages are to generate Rs 4.74 Lakh Crore business in Bharat. Lot more then Deepawali After a successful Deepawali season, Confederation of All India Traders predicted a huge retail business till next month. In 2022, 32 Lakh weddings occurred at the same time and trade clocked Rs 3.75 Lakh Crore. Over 4 Lakh weddings are set to happen in Delhi alone resulting in a business of Rs 1.25 Lakh Crore. There are 8 types of weddings taking place in India with expenses starting from Rs 3 Lakh, Rs 6 Lakh, Rs 10 Lakh up to Rs 50 Crore where expenses jumped 15% to 20% YoY. Here are top 9 goods and services contributing to the big wedding business: Jewellery - 15%. Tent decoration - 12%. Textiles - 10%. Catering - 10%. Electronics and durables - 5%. Dry fruits, and sweets -5%. Event management - 5%. Grocery and vegetables - 4%. Gift items - 4%. Hotels, marriage venues, travel, photography, music, lights, sound and other services have also pushed the wedding sector to a new high. Sustainability theme has become a new addition. As a luxury, international travel and innovative approaches are on trend, Indians’ favourite cities to wed are Dehradun, Mussoorie, Mahabalipuram, Siliguri, Mumbai, Udaipur, and many others. Goa and Rajasthan are 2 top choices. Brands like Mariott, Hilton, Taj Hotels, DLF Limited, Titan, jewellery and other travel companies are aiming for blockbuster sales during this season. Indian Govt’s “I do weddings in India” initiative and taxation also kept and brought more people to Bharat for marriage. Now I know some will jump and give excuse of Middle Class. For them I suggest use innovation, which can have low cost but life long memory In place of Mariott, Hilton, Taj Hotels, DLF Limited why not pick Village side. Yes marriage in village in village style. Use make shift tent city. The cost will be lot less, full adventure and ur money goes into village economy Let's take a wild example pick a river side in village. At two ends of river, one side is groom party and other side is Bride party. The travel is by decorated boats. now expand this idea. In High society style U can call it destination wedding Why just follow those high end over priced Marriage venues 😎 Now you know why I am bullish on Village Tourism? Dr G Pradhan
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  • Climate Change is Killing Europe

    For the last few decades, the West has been heavily engaged in discussing climate change and its impact on the Earth. While opinions may differ on whether sea levels are rising or if the world is facing an imminent nine-year deadline, Western governments are taking action by implementing policies that affect the working class. It is essential to acknowledge that such policies have consequences, particularly for working people. A case in point is the European Union, which has encountered various repercussions as it strives to address climate change.

    Over the past decade, farmers in Western Europe have faced the brunt of certain policies, leading to persistent tensions between them and the EU. The EU’s “set of proposals to make the EU’s climate, energy, transport, and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels,” has hit the agricultural sector hard. One particular contentious policy involves reducing the usage of nitrate-based fertilizers. The situation was further exacerbated in 2014 when the purchase of fertilizer from Russia was prohibited due to sanctions imposed after Russia’s annexation of Crimea. This led to protests erupting in various European nations, including France, Spain, and Poland.
    Climate Change is Killing Europe For the last few decades, the West has been heavily engaged in discussing climate change and its impact on the Earth. While opinions may differ on whether sea levels are rising or if the world is facing an imminent nine-year deadline, Western governments are taking action by implementing policies that affect the working class. It is essential to acknowledge that such policies have consequences, particularly for working people. A case in point is the European Union, which has encountered various repercussions as it strives to address climate change. Over the past decade, farmers in Western Europe have faced the brunt of certain policies, leading to persistent tensions between them and the EU. The EU’s “set of proposals to make the EU’s climate, energy, transport, and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels,” has hit the agricultural sector hard. One particular contentious policy involves reducing the usage of nitrate-based fertilizers. The situation was further exacerbated in 2014 when the purchase of fertilizer from Russia was prohibited due to sanctions imposed after Russia’s annexation of Crimea. This led to protests erupting in various European nations, including France, Spain, and Poland.
    0 Reacties 0 aandelen 2265 Views 0 voorbeeld