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Govt's capex engines to run at steady speed in future

This level of public capital investment will probably need to be sustained for a long period, Union finance secretary T.V. Somanathan said ....

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No fixed disinvestment target in FY25 Budget, says DIPAM Secretary

The government s disinvestment strategy must be calibrated while also focussing on the creation of wealth, Tuhin Kanta Pandey said ....

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Finance Secy Somanathan says debt-to-GDP ratio of 40% a relic, needs re-examination

Speaking to reporters after the presentation of the interim Budget, Finance Secretary TV Somanathan also said India s debt-to-GDP ratio is one of the lowest in the G20. ....

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Interim Budget: Road to reforms to go through states

States will get a Rs 75,000 crore boost in the form of interest-free loans to pursue reforms and the assistance will be linked to stipulated reform milestones, she said. Finance secretary TV Somanathan clarified this assistance will be a part of the Rs 1.3 lakh crore capex loans that the Centre has budgeted to extend to states in FY25. ....

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Budget 2024: Rs 10,000 cr rooftop solar boost for 10 million families

The move will lead to savings of Rs 15,000-18,000 annually for each household from free solar electricity and selling the surplus under the programme, FM Nirmala Sitharaman said. With rooftop solar, charging of electric vehicles will be facilitated as well, she said. ....

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