Speaking in the Lok Sabha, Moitra criticised the budget for failing to address the needs of the common people.

This announcement follows the Union Budget 2024, during which Finance Minister Nirmala Sitharaman revealed a substantial cut in the import duty on gold from 15% to 6%.

India's fiscal deficit showed a notable improvement in the first quarter of the current financial year, reflecting a decline compared to the same period last year. According to data released by the Finance Ministry, the fiscal deficit for April to June stood at 8.1 percent of the full year's estimate. This marks a significant drop from the 25.3 percent recorded in the same quarter of the previous year.

He accused the Bharatiya Janata Party of not sanctioning money for the Hyderabad Metro Rail expansion in the Budget.

Some states certainly went ‘unmentioned’ during the FM’s Budget speech, but how far the Union Budget 2024-25 caters to the well-being of every citizen of the country is a matter of perspective.

In a press conference, railway minister Ashwini Vaishnaw said Bengal has been allocated Rs 13,941 crore for railways in the current financial year.

During a meeting in the capital, Sarma expressed gratitude for the budget’s provisions, which he described as pivotal for a "Viksit Bharat."

This package aims to reduce the fiscal deficit to GDP ratio of the state to 3 per cent in 2024-25. This is part of the overall Central assistance of ₹67,133 crore for the fiscal year, compared to ₹55,000 crore in the previous year.

The budget, presented yesterday, has failed to address critical concerns for homebuyers such as high interest rates on home loans and annual stamp duty increases, leading to widespread disappointment.

The Finance Minister, Nirmala Sitharaman, dismissed the accusations as "outrageous," asserting that no previous budgets, including those presented by the Congress, had mentioned all states.

Rahul Walawalkar, President of the India Energy Storage Alliance (IESA), praised the announcement for pumped hydro storage, calling it a crucial step for supporting long-duration energy storage technologies. He also lauded the abolition of the angel tax, terming it a long-overdue measure that would boost investor confidence and foster the growth of the promising EV and clean tech startup ecosystem.

The Budget has allocated Rs 1.48 lakh crore for education, employment, and skill development initiatives in the country, demonstrating the government's commitment to empowering the youth and enhancing their skills for better employment opportunities. This includes upgrading 1,000 industrial training institutes, noted Parekh.