The Department of Fisheries has received a budgetary allocation of ₹2,616.44 crore for the fiscal year 2024-25. Pradhan Mantri Matsya Sampada Yojana (PMMSY): ₹2,352 crore has been allocated to this scheme. Fisheries Infrastructure Development Fund (FIDF): Concessional financial support will be extended to private entrepreneurs and investors for the establishment…
Category: News
Dr. Mansukh Mandaviya Commends PM Modi for Union Budget 2024-25’s Focus on Employment, Skilling, MSMEs, and the Middle Class
Union Minister for Labour and Employment, Dr. Mansukh Mandaviya, extended his gratitude to Prime Minister Narendra Modi for the visionary Union Budget 2024-25, which aims to open new avenues for the welfare of farmers, the poor, youth, and women. Dr. Mandaviya highlighted the budget’s strong focus on employment, skilling, MSMEs,…
Bihar’s Special Status Denied: How Modi 3.0 Compensated Nitish Kumar
A month after the BJP secured a third term with support from N Chandrababu Naidu’s TDP and Nitish Kumar’s JDU, the 2024 Budget has allocated significant projects to Bihar and Andhra Pradesh, states governed by these crucial allies. Despite rejecting Bihar’s long-standing demand for Special Category Status, Finance Minister Nirmala…
Commemorating Income Tax Day 2024: A Transformational Journey
Income tax is a government levy on earnings from individuals and businesses over a financial year. “Income” encompasses various sources as broadly defined under Section 2(24) of the Income Tax Act: Income from Salary: Includes payments from employer to employee, such as basic pay, allowances, commissions, and retirement benefits….
Budget Highlights Prime Minister’s Vision, Foresight, and Commitment to a Developed India: Shri Chouhan
Union Minister Shri Shivraj Singh Chouhan highlighted that the recently presented budget showcases Prime Minister Narendra Modi’s foresight and commitment to a developed India. He described it as the “budget of India’s Amrit Kaal,” emphasizing its focus on the country’s development and the welfare of the poor. Key allocations include…
NEET UG 2024 Supreme Court Hearing Update
The Supreme Court of India has decided against ordering a re-test for the NEET UG 2024 exam, stating that the data does not suggest a widespread leak of the question paper that would compromise the exam’s integrity. Chief Justice of India, DY Chandrachud, emphasized the lack of evidence showing any…
Jal Jeevan Mission Reaches Historic Milestone: 15 Crore Rural Tap Connections in Just 5 Years, Up from 3 Crore
The National Jal Jeevan Mission (JJM) has achieved a significant milestone by providing tap water connections to 15 crore rural households, up from just 3 crore in a span of five years. This initiative, launched by Prime Minister Narendra Modi on August 15, 2019, has seen remarkable progress and scale….
Economic Survey 2024: FM Sitharaman Commends LIC Amidst IRDAI Findings
On July 22, 2024, Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-2024 in the Lok Sabha. The survey outlined critical issues within the insurance sector, highlighted by over two lakh complaints filed via the central grievance portal, many of which pertained to unfair practices by life insurers, though…
PM Modi Accuses Opposition of ‘Negative Politics’ and Parliament Misuse
Prime Minister Narendra Modi on Monday criticized the Opposition for engaging in “negative politics” and trying to silence his voice in the last Parliament session. He called on Opposition leaders to participate constructively as the Budget Session commenced, emphasizing that Parliament serves the nation, not individual parties. Addressing the media…
Enabling MSMEs to Engage in Digital Commerce Without High Commissions
E-commerce platforms offer MSMEs a vast market, but they often come with high transaction costs. To assist micro and small enterprises in marketing their products online and expanding their market reach, the Ministry of Micro, Small, and Medium Enterprises launched the “MSME Trade Enablement and Marketing Initiative” (MSME-TEAM Initiative) on…