For much of economic history, the idea that production would eventually generate its own demand rested on a set of strong assumptions: flexible prices, full employment, and a financial system that transmitted savings smoothly into investment.
The union Finance Minister proposed an outlay of Rs 20,000 crore over the next five years for Carbon Capture Utilization and Storage (CCUS) technologies to scale up and achieve higher readiness levels in end-use applications.
Ten years before he died, in 2014, as Singh demitted office as Prime Minister after a crushing electoral defeat, he remarked with a touch of bitterness, "History will judge me (more) kindly". Indeed, it will.
In its representation, the Association stated that the proposal for the DPC was forwarded to the Union Public Service Commission (UPSC) on September 12, 2025 and that all observations raised by the Commission were duly complied with.
Since 2017, February 1 has become a fixed date in the Indian parliamentary calendar for the budget presentation.
Mr Mitra apprehended that these Plants in Bengal would “either be asset stripped or sold off in the name of disinvestment, having crippled them through the current policy shift”.
Sitharaman said that there should be complete trust between the industry and the government to sustain growth amid Covid-19 pandemic situation.
"We want banks to meet the aspirations of the country,” she said.
Funds have been committed to the Production Linked Incentive Scheme (PLI) for the next five years, textile parks are to come up in the next three years. Similarly, a scheme to benefit discoms is to come up in the next five years, a scheme to fly the Indian flag on merchantmen would take five years. Such instances abound, lessening the clarity of Budget provisions
"The procurement has also continued to increase at a steady pace. This has resulted in increase in payment to farmers substantially," she said.
