Key Points
Finance Minister Nirmala Sitharaman delivered a pro-growth Budget on February 1, 2024, with the mantra of Sabka Sath, Sabka Vikas...
The number that caught the attention of not only analysts but various numerologists as well was the capital expenditure number which was Rs 11.11 lakh crore for FY24-25...
The angel number 1111 carries profound significance and guidance..
Building on the massive tripling of the capital expenditure outlay in the past 4 years resulting in a huge multiplier impact on economic growth and employment creation, the outlay for the next year is being increased by 11.1% to Rs 11,11,111 crore..
Besides using the Angel Number Rs 11.11 lakh crore, the capital expenditure implies that FM is manifesting for new beginnings and growth with trust in the divine guidance that is available to us, she said.. Rohet Sethi, founder of Healing By Numberrs -- a Digital Numerologist Expert and Manifestation Coach told ETMarkets that at 11:11 a universal portal opens which aligns energy for manifestation...
You might be interested in
Budget 2024: 1111111, the attention-catching number that stands out
01, Feb, 24Nirmala Sitharaman's 'no big bang' budget holds back expected welfare spending and sops for voters. The enigmatic numbers 1111111 and 11.11 are related to capital expenditure. Sitharaman proposes to raise the capital expenditure target by 11.11% to Rs. 11.11 lakh crore for the next fiscal year. The hike in the interim budget is significant but not as dramatic as in previous budgets.
Centre looks to front-load capex, use 60% of budgeted amount by October
10, Aug, 23Sources say the change in strategy this fiscal is in view of the approaching elections and the need to maintain the growth momentum
Interim Budget 2024: ₹6.21 lakh crore for defence as govt outlines new tech plan
02, Feb, 24This year’s defence budget accounts for 1.89% of the country’s projected gross domestic product (GDP) for 2024-25 | Latest News India
Budget at a Glance: From tax to capex, here's your 2-minute guide to become a Budget Pro
01, Feb, 24Budget at a Glance 2024: India's FM presented the Interim Budget for the next fiscal year. Tax slabs remain unchanged, no commitment to revdis. New housing scheme for the middle class. Capex target raised by 11.1%. Defense budget increased by 18%. Ayushman Bharat healthcare extended to workers. Hospitals to be set up in all districts. Vaccination for cervical cancer.
Jobs will still be there, but...: What FM Sitharaman has to say on labour intensive sectors on AI hitlist
25, Jul, 24Budget 2024: The recent Union Budget, presented by the Finance Minister on July 23, unveiled a range of initiatives aimed at addressing the ongoing employment challenges, backed by an allocation exceeding Rs 2 lakh crore. However, the swift adoption of AI in sectors like construction and other labor-intensive industries raises concerns about its potential impact on the Modi 3.0 administration's employment agenda.
Central public sector enterprises achieved 50% capex spending in first half of 2023-24
20, Dec, 23New Delhi [India], December 20 (ANI): Capital expenditure by central public sector enterprises are on track to meet its target for the year 2023-24, the Ministry of Finance said on Wednesday. During April-September, the first half of the fiscal year, 52 per cent of the Budgeted target has been achieved with a spending of 3.79 […]
Without growth or welfare, Budget 2023-24 is one that curtails social spending
02, May, 23One expects welfare spending to spike before elections. But this Budget goes against the grain.
Rail, road ministries driving Centre's capex push
23, Jun, 23The Rail and Roads Ministries have led public expenditure during April and May, spending 23% of the fund allocated to them for 2022-2023, a total of over INR 1,14,000 crore against just under INR 5 lakh crore. Indian Railways spent over INR 55,000 crore as capital expenditure during the first two months, while the Ministry of Road Transport and Highways managed to spend INR 59,000 crore against an allocation of almost INR 2.6 lakh crore.
What to expect from interim budget? Big tax breaks unlikely, welfare schemes could see boost
26, Jan, 24The interim budget, to be presented on 1 February, is likely to maintain focus on fiscal consolidation along with a thrust on capital expenditure, although at a moderated pace.
Political pointers in GDP numbers
02, Dec, 23Healthy economic momentum is good news for government, will shape 2024 poll narrative