India (Commonwealth Union)_ India’s Finance Minister, Nirmala Sitharaman, unveiled the Union Budget for the fiscal year 2024-2025, marking a pivotal moment for the nation amidst economic and employment challenges and political dynamics. Presented after a closely contested election, this interim budget reflects a more refined approach towards economic growth, employment generation, and sectoral development. Accordingly, the new spending plan has replaced the temporary interim budget that took effect on April 1st. During her seventh consecutive Budget presentation, India’s Finance Minister Nirmala Sitharaman unveiled plans to increase expenditure, generate employment, and provide tax relief to the middle class...Read More |