Clipped from: https://www.financialexpress.com/opinion/budget-underestimates-taxes-for-fy21-and-fy22/2210152/ The actual tax collection in FY21 could be of about Rs 21.25 lakh crore. This will have an impact on the budgeted estimates
Category: Budget
Given the limitations of monetary policy, a fiscal push is crucial for sustained growth recovery–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/india-economy-rbi-monetary-policy-gdp-growth-msme-sector-7221515/ Given the limitations of monetary policy, a fiscal push is crucial for sustained growth recovery. Gross value added (GVA) at basic prices registered
Asset monetisation a ‘paradigm shift’: FM Nirmala Sitharaman | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/asset-monetisation-a-paradigm-shift-fm-nirmala-sitharaman-7221537/ India’s vision of a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, can only be achieved through
Niti wants pipeline of assets for sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/niti-wants-pipeline-of-assets-for-sale/articleshow/81440700.cmsSynopsis The assets include toll road bundles, ports, cruise terminals, telecom infrastructure, oil and gas pipelines, transmission towers, railway stations, sports stadia, mountain railways,
PLI scheme in mobile yet to take off due to pandemic woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/pli-scheme-in-mobile-yet-to-take-off-due-to-pandemic-woes/article34003787.ece Similar scheme for telecom equipment face less hurdles, say experts The production linked incentive (PLI) scheme for mobile phone manufacturing is yet to
Exporters get the shivers from two provisions in Finance Bill 2020 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exporters-get-the-shivers-from-two-provisions-in-finance-bill-2020-121022400844_1.html They are worried that the two proposals would make it difficult to seek refunds under indirect tax laws Exporters are a worried lot
Dipam readies ground for monetisation of assets, seeks list from ministries | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dipam-readies-ground-for-monetisation-of-assets-seeks-list-from-ministries-121030900067_1.html Seeks list of potential assets from ministries, govt departments, PSUs The core assets of PSUs will be identified, and the pipeline will lay
Entire fiscal stimulus to be funded by borrowing, revenues; not taking money from people: FM – The Financial Express
Clipped from: https://www.financialexpress.com/economy/entire-fiscal-stimulus-to-be-funded-by-borrowing-revenues-not-taking-money-from-people-fm/2207220/ To a query on whether the government is considering to regulate cryptocurrencies, Sitharaman said, “We have been in discussion with the RBI. When
Recycling along with vehicle scrappage–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/recycling-along-with-vehicle-scrappage/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. With over a quarter of a billion registered
Bad bank is a great initiative but can turn into an accounting gimmick unless foreign investors are brought in: K Balasubramanian, Citibank India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/interviews/bad-bank-is-a-great-initiative-but-can-turn-into-an-accounting-gimmick-unless-foreign-investors-are-brought-in-k-balasubramanian-citibank-india/articleshow/81341715.cmsSynopsis Bad bank is a great initiative and much needed for the country, with most public sector banks carrying a high level of non-performing
How the PLI scheme works for laptops, tablets and mobile devices | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/explained-how-the-pli-scheme-works-for-laptops-tablets-and-mobile-devices-121030501357_1.html The second part of a report on the productivity-linked incentive scheme examines anomalies for makers of laptops, tablets and mobile devices “It’s merely
ICICI, HDFC, SBI will have to offload Rs 1.2 lakh cr if RBI caps stake in insurance arms: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/icici-hdfc-sbi-will-have-to-offload-rs-1-2-lakh-cr-if-rbi-caps-stake-in-insurance-arms-report/articleshow/81332755.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Quoting unnamed RBI officials, a media report earlier this week said the monetary authority is not comfortable with banks owning controlling stake
Right push for start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/right-push-for-start-ups/article33973559.ece But the sector needs more incentives to flourish The Covid pandemic has forced us to rewire our expectations. It has forced us to
How to make the DFI model work – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-the-dfi-model-work/article33973533.ece A professional company staffed with personnel with superior project finance and credit appraisal skills is the need of the hour In her recent
Asset creation, not fiscal stimulus aim of budget: Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/asset-creation-not-fiscal-stimulus-aim-of-budget-sanyal/articleshow/81299455.cmsSynopsis He said that the government is in favour of taking forward reforms by deregulating and removing regressive laws to boost ease of doing
Govt to hold at least 26% in DFI, offer guarantees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/govt-to-hold-at-least-26-in-dfi-offer-guarantees/articleshow/81321231.cmsSynopsis The government is likely to have full ownership of the DFI to start with but over time may offer up to 74% stake
Education is second biggest focus after Health Sector in Union Budget 2021: PM Modi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/education/education-is-second-biggest-focus-after-health-sector-in-union-budget-2021-pm-modi/article33977655.ece Need to swiftly implement reforms under the NEP Prime Minister Narendra Modi on Wednesday said that education (including skill, research and innovation) is
Truth, lies and ‘certified’ statistics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/truth-lies-and-certified-statistics/article33982068.ece A sound certification and standards system is critical for the ‘Make in India’ plan to succeed Last week, the Delhi government decided to
Low bandwidth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/after-another-tepid-round-of-spectrum-sale-it-is-time-to-re-examine-the-auction-design/article33982104.ece After another tepid round of spectrum sale, it is time to re-examine the auction design Aggressive bidding by Reliance Jio has saved the
Interested in asset monetisation, next-gen road projects: IFC A-Pac head | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/interested-in-asset-monetisation-next-gen-road-projects-ifc-a-pac-head-121030200542_1.html “There are a very few countries in the world today like India which has decades of experience, through the PPP space, and having