The NFA Post https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Mon, 19 Feb 2024 10:43:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean TN Budget FY 2025: Tamil Nadu Pegs Fiscal Deficit At 3.44%; Allots Funds For Flagship Welfare Programmes https://thenfapost.com/2024/02/19/tn-budget-fy-2025-tamil-nadu-pegs-fiscal-deficit-at-3-44-allots-funds-for-flagship-welfare-programmes/ Mon, 19 Feb 2024 10:43:27 +0000 https://thenfapost.com/?p=344623 Chennai, NFAPost: With an eye on achieving a $1-trillion economy by 2030, the Tamil Nadu government on Monday contained the fiscal deficit at Rs 1,08,690 crore in the Budget Estimates 2024-25, pegging at 3.44% of the gross state domestic product (GSDP) while reducing it from the previous years. The state government has been following the […]]]> Karnataka Chief Minister Siddaramaiah Presents Infrastructure Focus Budget Amid Fiscal Constraints https://thenfapost.com/2024/02/17/karnataka-chief-minister-siddaramaiah-presents-infrastructure-focus-budget-amid-fiscal-constraints/ Sat, 17 Feb 2024 01:05:20 +0000 https://thenfapost.com/?p=344438 The Karnataka government plans to borrow a whopping Rs 1.05 lakh crore next fiscal; the government also proposes to bring out eight new policies Global Investors Meet will be organised in February 2025, to attract greater foreign investment. New textile policy (2024-29) envisages a capital investment of Rs 10,000 crore and the creation of two […]]]> Feb’24 Budget Should Focus On fiscal consolidation, Provide relief to population who face challenges https://thenfapost.com/2024/01/29/feb24-budget-should-focus-on-fiscal-consolidation-provide-relief-to-population-who-face-challenges/ Mon, 29 Jan 2024 02:20:38 +0000 https://thenfapost.com/?p=338351 The general elections in India are set to be held between April-May 2024 to elect 543 members in the Lok Sabha and elect a new Government for the next five years. The Union Budget for the full fiscal (FY25) is likely to be presented by the new Government in July 2024. Therefore, the current Government […]]]> Karnataka To Spend Rs 52,000 Crore Annually On 5 Key Promises, To Benefit 13 Million https://thenfapost.com/2023/07/07/karnataka-to-spend-rs-52000-crore-annually-on-5-key-promises-to-benefit-13-million/ Fri, 07 Jul 2023 14:39:57 +0000 https://thenfapost.com/?p=283122 The 5 ‘guarantees’ related to bus travel for women, 200 units of electricity, 10 kilograms of foodgrains to poor, Rs 2,000 for woman head of the house and unemployment benefit of up to Rs 3,000 Bengaluru, NFAPost: Seeking to highlight the Congress party’s poll promises, Karnataka Chief Minister Siddaramaiah said approximately Rs 52,000 crore would […]]]> Union Budget 2023: Rs 5.94 Trillion Allocated To Defence Ministry https://thenfapost.com/2023/02/02/union-budget-2023-rs-5-94-trillion-allocated-to-defence-ministry/ Thu, 02 Feb 2023 16:12:56 +0000 https://thenfapost.com/?p=236293 For 2022-23, the budgetary allocation for capital outlay was Rs 1.52 lakh crore but the revised estimate showed the expenditure at Rs 1.50 lakh crore New Delhi, NFAPost: The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year’s allocation of Rs 5.25 lakh crore. In the Union Budget presented in […]]]> Union Budget 2023: Centre Bets Big On Artificial Intelligence, IoT https://thenfapost.com/2023/02/02/union-budget-2023-centre-bets-big-on-artificial-intelligence-iot/ Thu, 02 Feb 2023 11:45:21 +0000 https://thenfapost.com/?p=236147 Budget 2023: Nirmala Sitharaman added that the National Data Governance Policy will enable anonymised data and the KYC process will be simplified by adopting a risk-based system New Delhi, NFAPost: In Budget 2023, the Centre proposed a series of measures like Centres of Excellence for Artificial Intelligence to unleash the potential of our economy and […]]]> Small Businesses To Common Citizen: 5 Key Budget Proposals Explained https://thenfapost.com/2023/02/02/small-businesses-to-common-citizen-5-key-budget-proposals-explained/ Thu, 02 Feb 2023 11:36:52 +0000 https://thenfapost.com/?p=236140 Budget gives Rs 2.40 trillion to Railways: the highest-ever outlay for the national transporter New Delhi, NFAPost: Focus on agriculture and tourism; relief for small businesses; support for digitisation of the economy: Finance Minister Nirmala Sitharaman’s Budget on Wednesday had something for every sector. Here are five takeaways on what Budget 2023-24 promises for the […]]]> Union Budget 2023: FM Sticks To Fiscal Plan, Targets 5.9% Deficit In FY24 https://thenfapost.com/2023/02/01/union-budget-2023-fm-sticks-to-fiscal-plan-targets-5-9-deficit-in-fy24/ Wed, 01 Feb 2023 15:47:43 +0000 https://thenfapost.com/?p=235784 Says total budget size for FY24 (total expenditure) will be Rs 45 trillion, compared with revised estimates (RE) of FY23 of Rs 41 trillion New Delhi, NFAPost: Finance Minister Nirmala Sitharaman announced in her 2023 Union Budget speech that the central government is expected to achieve its fiscal deficit target for the current financial year […]]]> Budget Proposal: KDEM CEO Proposes Digital Cluster Scheme, Technology Excellence Centre https://thenfapost.com/2023/01/23/budget-proposal-kdem-ceo-proposes-digital-cluster-scheme-technology-excellence-centre/ Mon, 23 Jan 2023 01:30:41 +0000 https://thenfapost.com/?p=232719 Karnataka Digital Economy Mission (KDEM) CEO Sanjeev Kumar Gupta said India has untapped opportunities in the manufacturing, engineering and digitalisation industries that can play a key role in the country’s vision of a $1 trillion digital economy. Karnataka Digital Economy Mission (KDEM) has been working to further strengthen IT/ITeS industry across Karnataka state with industry […]]]> Simpl Partners With Zymrat To Offer Pay-in-3 Services https://thenfapost.com/2022/07/19/simpl-partners-with-zymrat-to-offer-pay-in-3-services/ Tue, 19 Jul 2022 10:55:30 +0000 https://thenfapost.com/?p=188027 Mumbai, NFAPost: Simpl, India’s leading 1-click checkout network, has partnered Zymrat to facilitate Pay-in-3 feature for customers of the popular D2C performance wear brand. Commenting on the partnership, Simpl Cofounder and CEO Nitya Sharma said the company is delighted that Zymrat has joined 20k+ and growing merchant partner network. “Simpl users now have access to […]]]>