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Union Budget 2024-25: Key Priorities Outlined by Finance Minister Nirmala Sitharaman

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Union Budget 2024-25: Key Priorities Outlined by  Finance Minister Nirmala Sitharaman In the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, nine critical priorities were identified to generate ample opportunities and drive economic growth. These priorities include productivity and resilience in agriculture, employment and skilling, and manufacturing and services. Nine Priorities for Economic Growth While presenting the Union Budget in the Lok Sabha, Sitharaman emphasized sustained efforts across the following nine priorities: 1. Productivity and Resilience in Agriculture 2. Employment and Skilling 3. Inclusive Human Resource Development and Social Justice 4. Manufacturing and Services 5. Urban Development 6. Energy Security 7. Infrastructure 8. Innovation, Research, and Development 9. Next Generation Reforms Focus on Key Areas The interim budget in February 2024 highlighted the government's focus on four key areas: the poor, women, youth, and farmers. Notabl...

Supreme Court Dismisses L&T Plea Over Sharavathi Tendering Process

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Supreme Court Dismisses L&T Plea Over Sharavathi Tendering Process In a recent development, the Supreme Court has rejected the Special Leave Petition (SLP) filed by Larsen & Toubro (L&T), a prominent infrastructure company, challenging the tendering process for the prestigious Sharavathi Pumped Storage project. The decision came on Monday, following a thorough consideration by the bench headed by Chief Justice of India DY Chandrachud. Background and Decision The apex court stated, "We are not inclined to entertain the Special Leave Petition under Article 136 of the Constitution of India," thereby dismissing L&T's plea. L&T had contested the order of the Division Bench comprising Chief Justice NV Anjaria and Justice Krishna S Dixit of the Karnataka High Court. However, their appeal was dismissed by the Supreme Court. Implications for the Sharavathi Project The Sharavathi pumped storage project, a significant hydroelectric initiative, has been the subjec...