Prasanta Sahu

In a meeting on January 4, Modi and Sikka discussed AI and its impact on India, and several imperatives for the time ahead.

The DTC Bill in its original form in 2010 as well as in 2013 proposed a big-ticket overhaul in the taxation regime on the foundation of simplification of personal and corporate income taxes.

The Centre's capex has grown on an average of 30% between FY22 and FY24 as it adopted a capex-led growth strategy, taking such productive spending to 3% of GDP for the first time in FY24.

The department of financial services released a brief consultation paper on the Bill in December 2024.

The government had received multiple expressions of interest (EOI) on January 7, 2023 for a total of 60.72% stake in the bank, including 30.48% (approx. Rs 21,690 crore at current prices) from the government and 30.24% from promoter LIC, along with the transfer of management control in the bank.

It will be structured in a way that beneficiary units can use the credit for scaling up, sources said. The upper threshold for loan eligibility would be higher.

The objective of the scheme is to provide deposit-free LPG connections to adult women from below poverty line (BPL) households.

Under PM JANMAN, 2 million pucca houses will be built in five years beginning FY25 with financial assistance of Rs 2.39 lakh/unit.

The monetization in the second phase of NMP will likely be led by highways, mining, power and petroleum while metro rail networks in major cities could give the impetus to asset recycling for the first time.

PPP mode for investments in core infrastructure.