Important Articles from The Indian Express : 2/2/2025

Front Page

  • Taxpayer thanksgiving

Govt & Politics

  • Defence gets 13% of budget outlay up10% to 6.81 lakh cr
  • External affairs ministry gets 20516 crore emphasis on neighbourhood first policy

Macro

  • Marking new fisc anchor: Debt – GDP ratio
  • Capex stays strong even as it falls short of FY 25 target
  • Subsidy bill set to fall to 6 year low

Infra

  • Small reactors big nuclear leap
  • 1lakh crore to boost urban infra, cities to cover cost of projects via bonds, PPPs
  • No hike, but road, rail among top capex drivers

Personal Finance

  • FDI in insurance hiked to 100% paving way for entry of foreign giants

Social

  • RS9kcr booster for health, gig workers to get PMJAY cover
  • With hike in outlay of schemes, tribal affairs budget up 45%

Editorial

  • The delcate balance
  • Betting big on the middle
  • Budget’s multiplier effect

Opinion

  • Why the budget is a well kept secret

Explained

  • Big picture : Context of historic tax cut, impact it may have on the economy
  • Makhanomics : Budget dives to harness potential of a Bihar industry

Manufacturing

  • Rs 25000 cr push for maritime development
  • presumptive taxation for non residents may give a boost to chip manufacturing
  • National manufacturing mission for small, medium, large industries soon
  • No major initiatives but realty may get boost: Urban challenge fund to Swamih

Employment

  • Definition of MSMEs widened, credit guarantee limit increased
  • Govt targets creation of 21 lakh direct and indirect jobs in FY 26
  • To fuel AI ambitions, govt sanctions a fifth of India AI mission’s funds

Taxation

  • New income tax bill to be introduced in parliament next week
  • Recycling boost : Duty on waste EV batteries removed

Rural Agriculture

  • PM Dhan-Dhaanya missions for pulses, seeds : What agri got
  • Job guarantee scheme outlay flat
  • JJM extended till 2028
  • Grameen credit score to serve credit needs of self help groups
  • New urea plant to come up in Assam

World

  • Hamas frees 3 israeli hostages, WHO transports critically ill Gazans to Egypt
  • Trump admin explores bringing USAID under state department

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