Clipped from: https://www.thehindubusinessline.com/opinion/how-far-can-the-fiscal-deficit-be-stretched/article33915755.ece?homepage=true There may not be leeway to specify a combination of fiscal deficit and debt that is very different from the current FRBM norms
Category: Budget
Economists bat for fuel tax cut to rein in inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/economists-bat-for-fuel-tax-cut-to-rein-in-inflation/articleshow/81190930.cmsSynopsis Inflation has fallen under 6%, the upper tolerance limit. But the RBI’s RBI’s Monetary Policy Committee(MPC) minutes also flags members’ concerns and warning
TN bucks trend, set to post 2% GSDP growth in FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/tn-bucks-trend-set-to-post-2-gsdp-growth-in-fy21/article33916541.ece?homepage=true Deputy CM and Finance Minister of Tamil Nadu O Panneerselvam presenting the interim Budget – R Senthil Kumar Deputy CM and Finance Minister
Automatic approval likely for China FDI proposals up to 25% equity | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/automatic-approval-likely-for-china-fdi-proposals-up-to-25-equity-121022400084_1.html Sensitive sectors to remain under approval route Large FDI proposals, involving more than 25 per cent of Chinese investment, may undergo scrutiny at
Why is a rise in bond yields a concern for everyone? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/explained-why-is-a-rise-in-bond-yields-a-concern-for-everyone-121022301568_1.html A rise in sovereign bond yields means a rise in the interest rate in the economy If the interest rates rise, banks make
Message from market | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/message-from-market-121022301631_1.html RBI must be mindful of inflation risks of higher borrowing All is not well in the Indian bond market. The Reserve Bank of India (RBI),
आजार आणि औषध | लोकसत्ता
Clipped from: https://www.loksatta.com/agralekh-news/editorial-on-pm-modi-blames-previous-governments-for-fuel-price-hike-abn-97-2403855/ तेलाची आयात हा आजार नाही आणि म्हणून त्याबाबत स्वयंपूर्णता हे औषध नाही. (संग्रहित छायाचित्र) खनिज इंधनावरील अवलंबित्व आयातीनेच भागवावे लागते, यामागे सत्ताधारी कोण
Niti Aayog draft policy on migrant workers is a prompt to reimagine labour-capital relations–indian express
Clipped from: https://indianexpress.com/article/opinion/editorials/migrant-workers-niti-aayog-covid-lockdown-7200104/ Niti Aayog draft policy on migrant workers is a prompt to reimagine labour-capital relations At least 26 lakh migrant workers were stranded across
Upskilling has become a priority for SMEs in 2021: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/upskilling-has-become-a-priority-for-smes-in-2021-report/articleshow/81172793.cmsSynopsis The pandemic brought in some unprecedented changes that impacted several industries across the economy, the MSME sector being one of the worst hit.
Efforts on to make 5,000 MSME clusters under SFURTI scheme: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/efforts-on-to-make-5000-msme-clusters-under-sfurti-scheme-nitin-gadkari/articleshow/81164649.cmsSynopsis SFURTI (Scheme of Fund for Regeneration of Traditional Industries) offers incentives such as skill development, capacity building, creation of facilities such as common
MSME: Banks, NBFCs or maybe fintechs. Who is in a better position to plug the $240 billion credit gap for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/banks-nbfcs-or-maybe-fintechs-who-is-in-a-better-position-to-plug-the-240-billion-credit-gap-for-msmes/articleshow/81164753.cms SynopsisWith technology transforming the lending landscape, are traditional lenders losing sheen and who’s best placed to lend to SMEs? For 65 million Indian
Million-plus challenge fund provides an excellent opportunity for states to reimagine metropolitan governance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/infrastructure/view-million-plus-challenge-fund-provides-an-excellent-opportunity-for-states-to-reimagine-metropolitan-governance/articleshow/81176717.cms Synopsis–An urban centre is a relatively large, dense and permanent settlement of heterogenous individuals. Such centres provide a large market for various goods
India needs new fiscal rules targeting the interest-revenue ratio – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-india-needs-new-fiscal-rules-targeting-the-interest-revenue-ratio/articleshow/81176723.cms SynopsisA target for reducing the interest-to-receipts ratio to 33% is easier for the public to grasp — interest on old debts should not
Govt’s game-changing strategic disinvestment policy needs a ministry of privatisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-govts-game-changing-strategic-disinvestment-policy-needs-a-ministry-of-privatisation/articleshow/81140343.cms SynopsisTo fully appreciate the significance of SDP 2021, we must go into post-Independence economic history of India. The New Industrial Policy (NIP) 1991
Truck owners slam Centre’s move to levy green tax – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/truck-owners-slam-centres-move-to-levy-green-tax/article33894638.ece Hasn’t helped in cleaning Delhi air, they say Mohan, a truck owner in Namakkal — the truck industry hub in Tamil Nadu —
Government yet to specify framework of old vehicle scrappage policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/clean-tech/government-yet-to-specify-framework-of-old-vehicle-scrappage-policy/article33894077.ece The government is yet to specify the framework of its recently announced old vehicle scrappage policy Nagesh Kumar, a 59-year-old employee at a
‘Every number in this budget has been vetted for being achievable’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/every-number-in-this-budget-has-been-vetted-for-being-achievable/article33896659.ece?homepage=true Fresh from presenting a Budget that represents a clean break from past policies, Union Finance Minister Nirmala Sitharaman was in Chennai last weekend
Bank privatisation: NPA hive-off, staff transfers being considered – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/psb-privatisation-npa-hive-off-staff-transfers-being-considered/articleshow/81140877.cmsSynopsis The government is likely to consider only banks that were not part of the recent consolidation, which would exclude Punjab National Bank, Bank
Taxing e-commerce – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/equalisation-levy-should-stay-but-clarity-is-needed-on-some-grey-areas/article33895976.ece?homepage=true Equalisation levy should stay, but clarity is needed on some grey areas The vociferous criticism of the changes proposed to the equalisation levy
Open to reviewing ₹2.5 lakh cap on tax-free EPF contribution: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/open-to-reviewing-25-lakh-cap-on-tax-free-epf-contribution-fm/article33896840.ece?homepage=true Says EPF will remain in its present form, and there’s no plan afoot to merge it with NPS Finance Minister Nirmala Sitharaman has
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