Finance Minister Nirmala Sitharaman on Sunday proposed Rs 20,000 crore for a carbon capture and utilisation scheme across sectors, including steel and cement.
Presenting the Union Budget for 2026-27, the minister said the government will provide incentives for manufacturing seaplanes in the country as part of efforts to boost tourism.
Meanwhile, a high-level committee on ‘Banking for Viksit Bharat’ will be set up, Sitharaman said, announcing various measures to boost the economy.
Among others, the minister proposed developing seven high-speed corridors between cities as growth connectors, and also have a ship repair ecosystem catering to inland waterways, which will be set up in Varanasi and Patna.
According to the minister, the Indian banking sector today is characterised by strong balance sheet, historic highs and profitability, improved asset quality and coverage.
Noting that the sector is well placed to futuristically evaluate the measures needed to continue on the path of reform-led growth, Sitharaman said a high-level committee on Banking for Viksit Bharat will be set up.
Read More: From green revolution to Central Vista: Delhi to bid farewell to Krishi, Shastri Bhawan
A 24-year-old delivery executive died on Oct 20 after ingesting poison following an assault over…
CAQM reviewed dust pollution in Delhi and enforced GRAP-1 rules after AQI fell to 'poor'.…
Over 1 lakh of 4.56 lakh Form 6 voter enrollment applications in Delhi have been…
NDMC cut water and power near Race Course Mosque during a demolition drive, affecting nearby…
BNSS caps custody at 24 hours and requires production before a Magistrate; force permitted only…
An SEM court reserved its order on extending the judicial custody of CJP leaders Saurav…
