Clipped from: https://economictimes.indiatimes.com/news/economy/policy/proposed-bad-bank-can-only-be-used-as-a-one-time-tool-to-clean-up-banks-balance-sheet-cea-kv-subramanian/articleshow/81484162.cmsSynopsis The Union Budget for FY22 proposed the setting up of a bad bank in the form of an asset reconstruction company or an
Category: Budget
How Covid-19 could change India’s job market and cities – The Economic Times
lipped from: https://economictimes.indiatimes.com/jobs/how-covid-19-could-change-indias-job-market-and-cities/articleshow/81480361.cmsSynopsis “Low-wage occupations may decline by 2030 for the first time… and the STEM professions continue to expand,” McKinsey report said. As for India
India uses digital banking and biometrics to organize its 1.3 billion population – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-uses-digital-banking-and-biometrics-to-organize-its-1-3-billion-population/articleshow/81478987.cmsSynopsis India’s public digital infrastructure — in many ways, an immense online bureaucracy — is an outlier to this principle. The effort was
Reforms are good but can lead to tech terrorism: FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/reforms-are-good-but-can-lead-to-tech-terrorism-fm-nirmala-sitharaman-121022600064_1.html Says Budget shows govt trusts wealth creators, marking directional change Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman on Thursday lauded the reform
Some mistakes India must avoid this time to make DFIs a success | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-reads-some-mistakes-india-must-avoid-this-time-to-make-dfis-a-success-121021700257_1.html Now that DFIs are making a comeback, three key issues will be crucial for their success -the availability of long-term funds at a
Manufacturing to get $520-billion PLI push in next 5 years: PM Modi | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/manufacturing-to-get-520-billion-pli-push-in-next-5-years-pm-modi-121030600076_1.html Says govt aims to do away with more than 6,000 compliance requirements The prime minister was speaking at a webinar organised by the
Inflation a ‘downside risk’ to India’s growth momentum: Finance ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-a-downside-risk-to-india-s-growth-momentum-finance-ministry-121030600078_1.html Citing the country’s consumer price index, the ministry said it had reached a 16-month low in January, validating the Reserve Bank stance of
Financial sector growth has been slow: CEA Krishnamurthy Subramanian | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/financial-sector-growth-has-been-slow-cea-krishnamurthy-subramanian-121030501462_1.html He said the Budget has made a significant push towards reforming the financial sector and adding vitality to it CEA Krishnamurthy Subramanian The
Why the industry is sceptical of ambitious targets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/atmanirbhar-and-pli-why-the-industry-is-sceptical-of-ambitious-targets-121030401408_1.html The scheme to boost manufacturing in India has set ambitious targets that industry says are unachievable. A look at the programmes announced so
India’s exporters benefit scheme suffers from low outlay, might run into implementation gaps–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/rodtep-indias-exporters-benefit-scheme-suffers-from-low-outlay-might-run-into-implementation-gaps/articleshow/81460575.cms SynopsisWith interest rates at historical lows this is the right time to give a liquidity boost to Indian exporters. While the Union Budget
The ‘right way’ towards a $5-trillion economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-right-way-towards-a-5-trillion-economy/article34046388.ece With focus on capex and R&D, Budget 2021 has given a push to the domestic market, which holds the key to India’s growth
Bank privatisation as an experiment | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/bank-privatisation-as-an-experiment-121031101402_1.html The government must test the efficacy of privatising two banks first before going the whole hog Say this for the proposed move to
NITI Aayog submits first list of about 12 PSUs for privatisation | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/niti-aayog-submits-first-list-of-about-12-psus-for-privatisation-121031200061_1.html Banks, insurers part of the list as process kicks off In her Budget Speech, Finance Minister Nirmala Sitharaman had announced privatising two public
Through the looking glass: India’s $550 billion stimulus – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/through-the-looking-glass-indias-550-billion-stimulus/2210832/ Relaxation in fiscal deficit targets creates enhanced fiscal space; this offers an opportunity to build India The central government has indicated in the
A higher operative inflation target may hurt growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/a-higher-operative-inflation-target-may-hurt-growth/articleshow/81450628.cmsSynopsis The recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up
Banking on slower recovery | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/banking-on-slower-recovery-121030901718_1.html The Centre’s current deficit glide path reveals a conservative stance on growth While presenting her Budget for 2021-22, Finance Minister Nirmala Sitharaman had announced the
A higher operative inflation target may hurt growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/a-higher-operative-inflation-target-may-hurt-growth/articleshow/81450628.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up
India’s growth in FY22 will be a story of two halves: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-growth-in-fy22-will-be-a-story-of-two-halves-crisil/article34026613.ece Says recovery won’t be easy with scars of the pandemic deep for small businesses Crisil expects India’s gross domestic product (GDP) growth to
Measured incentives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/measured-incentives/article34029774.ece The Centre must assess the performance of the initial set of PLI beneficiaries before expanding the list The government is promoting Production Linked
Asset monetisation will bring paradigm shift in infra augmentation: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/asset-monetisation-will-bring-paradigm-shift-in-infra-augmentation-fm/article34030124.ece Finance Minister Nirmala Sitharaman on Tuesday said that asset monetisation needs to be viewed not just as a funding mechanism, but as an