Morning digest | Jobs get highest mention in last Budget before elections; Adani Group calls off ₹20,000 crore FPO, and more
The Hindu
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Jobs get highest mention in last Budget before elections
In a bid to soothe several votebanks before the 2024 polls, the FM promises tax relief for the salaried middle class, schemes for artisans and tribal groups, sops for women and MSMEs, and jobs for youth.
Adani Group calls off ₹20,000 crore FPO, says will return money to investors
The Board of Adani Enterprises Ltd., (AEL) decided not to go ahead with the fully subscribed Follow-on Public Offer (FPO), the company announced on Februray 1.
Budget 2023 | PM Awas Yojana allocation rises by 66%
Giving a huge boost to affordable housing, the Union Budget presented on February 1 increased the allocation for the PM Awas Yojana (PMAY) by 66%. Finance Minister Nirmala Sitharaman also announced an Urban Infrastructure Development Fund (UIDF) which will be used to create urban infrastructure in Tier 2 and Tier 3 cities.
Defence budget up by 13%; hike in allocation for pension