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Morning Digest: Nirmala Sitharaman changes strategy with slew of schemes in 2024 Budget; four INDIA bloc CMs to boycott Niti Aayog meet on July 27, and more

Morning Digest: Nirmala Sitharaman changes strategy with slew of schemes in 2024 Budget; four INDIA bloc CMs to boycott Niti Aayog meet on July 27, and more

The Hindu
Wednesday, July 24, 2024 12:57:36 AM UTC

The Hindu’s Morning Digest on July 24, 2024, gives a select list of stories to start the day

Presenting her seventh Union Budget and the first after this year’s Lok Sabha election, Finance Minister Nirmala Sitharaman on July 23 unveiled a flurry of measures aimed at fixing the woes of unemployed youth, small businesses, and the middle class, and sought to strengthen the ruling NDA coalition’s bonds with support for multiple investment projects in Bihar and Andhra Pradesh.

The Opposition slammed the Union Budget calling it an exercise in political jugglery to appease the BJP’s two key allies, Janata Dal (United) and Telugu Desam Party, while doing little to address issues such as high rate of unemployment and inflation. States ruled by non-National Democratic Alliance (NDA) parties, the Opposition said, have been ignored.

The stock markets reacted negatively to the Budgetary provisions concerning additional tax burden on investors and closed in the negative territory led by losses in banking stocks after undergoing high volatility. The key benchmark indices recovered most of the lost ground in the second half of trading.

The director of the U.S. Secret Service said on July 23 she is resigning following the assassination attempt against former President Donald Trump that unleashed intensifying outcry about how the agency tasked with protecting current and former Presidents could fail in its core mission.

Former Andhra Pradesh Chief Minister and YSR Congress Party (YSRCP) president Y.S. Jagan Mohan Reddy filed a writ petition in the High Court (HC) praying for a direction to the A.P. government to designate him as the Leader of the Opposition (LoP) in the Legislative Assembly, in accordance with Section 12-B of the A.P. Payment of Salaries and Pension and Removal Of Disqualifications Act, 1953.

Union Education Minister Dharmendra Pradhan on July 23 hailed the Supreme Court’s decision on the NEET-UG issue and announced that the final results of the medical entrance exam would be declared within two days. The merit list would be revised according to the observations made by the Supreme Court, he said.

Nehru Planetarium is getting ready for a revamp by the year end, with its gallery set to feature by 2025 new interactive screens focusing on India’s latest space missions and developments in the field of astronomy. The planetarium has now teamed up with the Indian Space Research Organisation (ISRO) to incorporate the country’s latest space missions into its shows.

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