Government on Tuesday played down the embarrassment it suffered in the Rajya Sabha on the motion of thanks to the President's Address, saying it has no relevance except as a reminder that treasury benches do not have a majority.
The national budget presented by Finance Minister Arun Jaitley has been hailed as "growth oriented" by the corporate sector, but Indian scientists seem not too enthused and say the much-touted "achhe din" (good days) are yet to arrive.
Amid protests over land acquisition bill, Finance Minister Arun Jaitley has said that the BJP-led government is trying to "radically alter" the 2013 Land Act to ensure developmental activities especially in rural areas.
The Special Investigation Team (SIT) on black money has welcomed the announcements made in the Budget to tackle menace of illegal funds and similar assets stashed abroad even as it cautioned that good results in this direction would come only after new laws and measures are implemented in a proper manner.
In sync with Prime Minister Narendra Modi's commitment on climate change, the government on Saturday ramped up budget allocation a whopping sixteen-fold to boost India's mission to climate change and adaption, even as the overall allocation to the environment ministry was trimmed by four percent.
Ruling AIADMK in Tamil Nadu on Saturday said the Union Budget has fallen short of expectations though it welcomed some initiatives while its arch-rival DMK chose a guarded response saying implementation of several proposed schemes has to be watched.
The Bihar unit of BJP on Saturday hailed Union government for announcing special assistance, on the lines of Andhra Pradesh, which would provide several concessions for setting up new industries in the state.
Finance Minister Arun Jaitley on Saturday proposed no changes in personal income-tax rates for 2015-16 but extended benefits to middle-class by increasing the limit of deduction on health insurance premium from Rs 15,000 to Rs 20,000, while presenting the Budget 20105-16.
Reinstating government's commitment on implementing the 'One Rank, One Pension' policy, Finance Minister Arun Jaitley on Saturday said the issue is pending as the method of calculating pension is stuck between the Armed Services and the Defence Ministry.
Finance Minister Arun Jaitley Saturday announced the Atal Innovation Mission (AIM), an innovation promotion platform in the NITI Aayog, with an initial fund of Rs.150 crore for research and development.
Karnataka Chief Minister Siddaramaiah on Saturday slammed the Union Budget as "anti-poor" and "disappointing", saying the Finance Minister had only tried to build castles in the air to win people's appreciation.