Tag - budget

Rs 1 lakh cr corpus for youth to herald new innovation era


New Delhi: The Rs 1 lakh crore corpus to provide long-term, interest-free financing for the youth in the technology sector is a positive measure as access to capital is a critical factor to support innovation and growth in sunrise industries like manufacturing, industry leaders said on Thursday. Presenting the Interim Budget in the Lok Sabha,...

It’s an inclusive and innovative budget: PM Modi


New Delhi: Prime Minister Narendra Modi hailed the budget presented in Parliament on Thursday, saying that it is not merely an interim budget but an inclusive and innovative budget. "This budget carries the confidence of continuity. It will empower all pillars of developed India -- the youth, the poor, women, and farmers," PM Modi said. Commending...

Balancing Our City’s Budget While Delivering for Working-Class New Yorkers


By Eric Adams, Mayor - NYC    Our administration came into office with a clear mission: to protect public safety, revitalize our economy, and make all five boroughs more livable for the 8.3 million people who call New York City their home. For the last two years, we have worked every day to make our vision...

New York City’s Budget: Investing in Working Families and New Yorkers in Need


By Eric Adams Our city’s budget reflects our values, and for my administration, the needs of everyday people come first. This year, we navigated many significant financial challenges and have reached a budget agreement with our colleagues on the City Council—a budget that is smart, strategic and fiscally responsible, a budget that advances our administration’s Working People’s Agenda,...

FY2024 budget earmarks $500 M for NY’s childcare workforce


Governor Kathy Hochul on May 31st announced a $500 million investment in the FY 2024 Budget to bolster New York’s child care workforce through the Workforce Retention Grant Program. Funding from the program will support 150,000 child care workers and can be used to provide bonus payments ranging from $2,300 to $3,000 to staff in caregiving...

Pentagon pushes for $842 billion budget with Indo-Pacific in focus


Washington: The U.S. military must be ready for possible confrontation with China, the Pentagon’s leaders said Thursday, pushing Congress to approve the Defense Department’s proposed $842 billion budget that would modernize the force in Asia and around the world. “This is a strategy-driven budget — and one driven by the seriousness of our strategic competition with...

Biden budget vs. House GOP: Values on display in debt fight


Washington: For President Joe Biden, his federal budget is a statement of values — the dollars and cents of a governing philosophy that believes the wealthy and large corporations should pay more taxes to help stem deficits and lift Americans toward middle-class stability. In the view of his chief congressional critics led by House Speaker Kevin McCarthy, the...

India announces new clean energy funds in budget 2023-24


New Delhi: Finance minister Nirmala Sitharaman announced several new clean energy initiatives in India’s annual federal budget speech Wednesday, saying “green growth” is a top priority for the country. More than $8 billion dollars were announced for projects like mangrove restoration in coastal regions which help suck carbon dioxide out of the atmosphere, converting waste...

Hochul’s $227 billion budget plan target NYC’s urgent needs


Albany, NY: Governor Kathy Hochul Feb 1 outlined her Fiscal Year 2024 Executive Budget. The FY 2024 Executive Budget reflects Governor Hochul's bold agenda to make New York more affordable, more livable, and safer by making smart, responsible investments in mental health care, public safety, housing, education, climate initiatives, and more. Governor Hochul's FY 2024 Budget proposal reflects New York's steady finances, even as global economic...