News Roundup: Indian Budget Union in India
Published on 2025-02-23
Introduction
Below you'll find a curated overview of the latest news about indian budget union in India. This post aggregates multiple sources and includes both original and AI-generated images.
Combined Summary
Story continues below this ad Let’s unpack what the budget means for urban areas and how urban local bodies (ULBs) finance urban infrastructure projects in Indian cities. Public-Private Partnerships for urban development Through the Urban Challenge Fund, the budget also points to a creative partnership between Urban Local Bodies and private enterprises to participate in urban development projects. Before the arrival of the President, Marshal of Lok Sabha lifts the Sengol installed in the Lok Sabha Chamber respectfully in an upright position and proceeds towards the Gaja Dwar… The entourage enters the Gaja Dwar and forms a procession at the foyer facing the staircase leading to the Lok Sabha lobby with the Marshal holding the Sengol at the front of the procession… The procession is led by the Marshal of Lok Sabha holding Sengol in an upright position.” Story continues below this ad Giving details about the presidential procession when the President comes to Parliament to address the joint sitting of the two Houses, the book says the MPs are not allowed to take pictures of the event. Story continues below this ad Structuring the Urban Challenge Fund to include private enterprise participation is a signal to empower and improve the financial autonomy and capacities of Urban Local Bodies to raise their own sources of finance to fund urban development projects. The installation of Sengol in the Lok Sabha and a marshal carrying it in the President’s procession to Parliament, the merger of the Union Budget and Railway Budget, the provision of sending SMS alerts to the MPs about their questions, the AI-based facility for making the parliamentary proceedings available in multiple regional languages, and an app for accessing all information about a session – these are all part of the parliamentary procedures now, featuring in the latest edition of M N Kaul and S L Shakhder’s “Practice and Procedure of Parliament”.
Detailed Summaries
1. Sengol to Union, Railway Budgets’ merger, SMS alerts to AI use: Parliament book records the shift
Source: The Indian Express
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Before the arrival of the President, Marshal of Lok Sabha lifts the Sengol installed in the Lok Sabha Chamber respectfully in an upright position and proceeds towards the Gaja Dwar… The entourage enters the Gaja Dwar and forms a procession at the foyer facing the staircase leading to the Lok Sabha lobby with the Marshal holding the Sengol at the front of the procession… The procession is led by the Marshal of Lok Sabha holding Sengol in an upright position.” Story continues below this ad Giving details about the presidential procession when the President comes to Parliament to address the joint sitting of the two Houses, the book says the MPs are not allowed to take pictures of the event. The installation of Sengol in the Lok Sabha and a marshal carrying it in the President’s procession to Parliament, the merger of the Union Budget and Railway Budget, the provision of sending SMS alerts to the MPs about their questions, the AI-based facility for making the parliamentary proceedings available in multiple regional languages, and an app for accessing all information about a session – these are all part of the parliamentary procedures now, featuring in the latest edition of M N Kaul and S L Shakhder’s “Practice and Procedure of Parliament”. The e-office system in the Lok Sabha Secretariat – which includes electronic file tracking system, electronic file management system, electronic leave management system, among other things – has also become a part of Indian parliamentary practice. However, since 20 December 1989, the ceremony has been televised live.” As the Covid-19 pandemic ushered in multiple changes in the conduct of the parliamentary proceedings after 2020, the book noted that it has made “paperless Parliament” a reality “from Fourth Session of Seventeenth Lok Sabha i.e., Monsoon Session, 2020”. Recording several additions to the parliamentary practice, the 2025 edition – released after nine years – says: “The President arrives at the Gaja Dwar (north-west portico) in the State coach or Limousine attended by the Secretary and Military Secretary to the President and escorted by the President’s Bodyguard mounted on horses.
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2. Union Budget 2025-26: Highlights from Nirmala Sitharaman’s post-budget presser
Source: The Hindu
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Also Read: Union Budget 2025 Highlights: No reduction in public spending on capital expenditure, says Finance Minister On FII money outflow Adding to the Finance Minister’s statement, Finance Secretary Tuhin Kanta Pandey held that it is not entirely true that FPIs are really moving from one emerging market to another. In real terms, the Indian economy is in a very good resonance, remains one of the fastest, in fact, the fastest large economy.” Ajay Seth, Secretary at the Dept of Economic Affairs further added that one must also consider domestic foreign investments and global growth outlook. GST on insurance Finance Minister Nirmala Sitharaman and Minister of State for Finance Pankaj Chaudhary told the reporters the issue is pending with the Group of Ministers (GoM) from the GST Council. On the question of FIIs and retail investors, the finance minister held that Indian markets today are also yielding good returns and profit booking is also happening. On the new regime Finance Secretary Tuhin Kanta stated that the endeavour is to make the new regime so convenient and smooth that the old will not be required.
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3. How Budget 2025 empowers India’s cities as engines of economic growth
Source: The Indian Express
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Post Read Questions What is the significance of the urban focus in the Union Budget 2025-26? How does the budget aim to strengthen Indian cities as engines of economic growth and social transformation? Story continues below this ad What measures does the budget propose to enhance infrastructure investment in urban areas? Is it important for Urban Local Bodies to diversify their revenue streams? Why? (Jacob Baby is a doctoral researcher in Concordia University, Canada, and explores matters related to urban planning in India.) Share your thoughts and ideas on UPSC Special articles with ashiya.parveen@indianexpress.com. Public-Private Partnerships for urban development Through the Urban Challenge Fund, the budget also points to a creative partnership between Urban Local Bodies and private enterprises to participate in urban development projects. Story continues below this ad Structuring the Urban Challenge Fund to include private enterprise participation is a signal to empower and improve the financial autonomy and capacities of Urban Local Bodies to raise their own sources of finance to fund urban development projects. Story continues below this ad Let’s unpack what the budget means for urban areas and how urban local bodies (ULBs) finance urban infrastructure projects in Indian cities. In the following article, Jacob Baby, an urban planner with experience in teaching and research, analyses how the budget aims to strengthen Indian cities as engines of economic growth.) The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, emphasised urban development as one of the six domains for transformative reforms.
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This news roundup was automatically curated and published using AI. Last updated: 2025-02-23