<p><strong>Although the proposed budget for the 2023-24 fiscal year (FY) showed a ray of hope, the expectations of the jewelry industry were not fulfilled. Eleven out of the 12 proposals made by the Jewelers Association of Bangladesh (BAJUS), were not taken into consideration in the budget.</strong></p> <p>The

<p><strong>Finance Minister Nirmala Sitharaman on Tuesday announced the allocation of Rs 6,21,940 crore to the Defence Ministry in the Union Budget 2024-25, a 4.79 per cent increase from the previous financial year. The budget allocation to the Defence Ministry is the highest among all ministries.</strong></p>