The Higher Home additionally returned appropriation laws for the Union Territory of Jammu and Kashmir. All these Payments have been Cash Payments.
The Finance Invoice 2024 was returned after the Finance and Company Affairs Minister Nirmala Sitharaman replied to the dialogue on the Invoice within the Higher Home. Lok Sabha had handed the Finance Invoice 2024 on Wednesday.
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Sitharaman famous in Rajya Sabha on Thursday that the spotlight of the interim Price range was the emphasis given on capital expenditure, which might assist maintain the tempo of financial development. It was highlighted that capital expenditure for creation of public infrastructure is rising quicker than actual GDP development.
She additionally stated that fiscal deficit is being managed with out hurting any initiatives. “No main initiatives have been curtailed, nor have I decreased allocation,” she stated.
Sitharaman additionally stated that the nation’s debt administration is being performed in such a approach that the glide path for fiscal deficit discount given in 2021 continued to be honoured.
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Sitharaman additionally stated that unemployment price in rural areas has decreased from 5.3 per cent in 2017 to 2.4 per cent in 2023:
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