Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-fm-nirmala-sitharaman-opens-govt-spending-tap-for-growth-revival/articleshow/80640628.cmsSynopsis A boost to expenditure, efforts to attract global capital and privatisation are key proposals of this budget. In her boldest budget so far,
Day: February 2, 2021
Delivering a balanced, pragmatic, bold recovery plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-delivering-a-balanced-pragmatic-bold-recovery-plan/articleshow/80640524.cmsSynopsis Economy and GoI bodies adopting digital, including for the budget, will be emulated by other nations. Riding on high expectations, and in the
Nifty job on expenditures, just keep an eye on fiscal deficit post-Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-nifty-job-on-expenditures-just-keep-an-eye-on-fiscal-deficit-post-covid/articleshow/80640553.cmsSynopsis Even the high fiscal deficit target of 4.5% of GDP by 2025-26 is optimistic, and the total expenditure is likely to remain static,
A Budget that sets sail and template for the decade – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-a-budget-that-sets-sail-and-template-for-the-decade/articleshow/80640476.cmsSynopsis The FM had hinted that this budget would set the tone for the next decade. Through a sparkle of reform fireflies, the budget
Big reform push in banking, insurance — BUDGET 2021: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/budget-2021-big-reform-push-in-banking-insurance/articleshow/80639960.cmsSynopsis The Narendra Modi government plans to privatise state-run banks and a general insurer to raise funds for its ambitious infrastructure and healthcare spending
India’s $500 billion budget to spur growth leaves little for the poor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/indias-500-billion-budget-to-spur-growth-leaves-little-for-the-poor/articleshow/80637152.cmsSynopsis Sitharaman unveiled a budget that will cause the fiscal deficit to balloon to a much higher-than-expected 9.5% in the current year ending March
healthcare budget: India doubles healthcare spending, opens up insurance in “get well soon” budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-doubles-healthcare-spending-opens-up-insurance-in-get-well-soon-budget/articleshow/80629478.cmsSynopsis Delivering her budget statement to parliament, Finance Minister Nirmala Sitharaman projected a fiscal deficit of 6.8% of gross domestic product for 2021/22, higher
Ready to tap India’s deep reserves and get cracking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/infrastructure/view-ready-to-tap-indias-deep-reserves-and-get-cracking/articleshow/80640190.cmsSynopsis Huge investments in infrastructure will lead to massive construction activity and generate jobs. Finance minister Nirmala Sitharaman’s plan seems to draw heavily from