1st Modi 3.0 Budget to eye job creation by expanding PLI scheme, MSME focus
Sunday, 16 June 2024 Steps to boost jobs by expanding the Production Linked Incentive scheme to furniture, toys, footwear and more segments of textiles, along with a focus on MSMEs, while increasing income levels of women and boosting infrastructure, are expected to be among the key thrust areas of the Modi govt's first Budget in its third term with several of the issues also being part of govt's 100-day agenda that will feed into the targets for 2030.
Home Minister Amit Shah emphasized the Northeast's economic potential, highlighting its role as India's export gateway via the Chittagong port. He urged banking.. IndiaTimes
Shadow work and pensions secretary Helen Whately says businesses are "distraught" at the impact of the Budget. It comes as the Confederation of British Industry warns tax rises in the autumn Budget are "undermining investment among UK companies". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor appears to have a fight on her hands with Britain's family farmers. In her Budget, Rachel Reeves closed a loophole to stop rich people investing in land to reduce their inheritance tax bills, penalising them with a new million pound tax threshold. But farmers in Cirencester have labelled the move "demoralising" and the deputy president of NFU Cymru Abi Reader warns it will lead to "economic stagnation". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sunday, 16 June 2024
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