Clipped from: https://www.financialexpress.com/economy/medium-term-inflation-targeting-framework-review-dont-dilute-inflation-target-say-economists/2199115/ In a post-Budget interview to FE, economic affairs secretary Tarun Bajaj discounted inflation fears due to elevated deficit, saying the government would deploy
Category: Budget
Govt is facilitator, private sector driver of growth, says FM Nirmala Sitharaman – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-govt-is-facilitator-private-sector-driver-of-growth-says-fm-nirmala-sitharaman/2199031/ Sitharaman underlined that trhe nation’s growing and aspiring needs and demands across the various sectors cannot be served just by the state government
Finance Minister urges private sector to display their ‘animal spirits’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finance-minister-urges-private-sector-to-display-their-animal-spirits/article33886938.ece?homepage=true Sitharaman said disinvestment does not mean the govt want those undertakings to be closed down but want those companies (PSUs) to be run
indian economic growth: Cash-strapped states threaten India’s double-digit growth goal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/cash-strapped-states-threaten-indias-double-digit-growth-goal/articleshow/81103690.cmsSynopsis The nation’s 28 states, which account for about 60% of total government expenditure on infrastructure and asset creation, are hamstrung by declining tax
Growth stimulating investments with clear road map on fiscal consolidation crucial now: Dr Rangarajan – The Financial Express
Clipped from: https://www.financialexpress.com/economy/growth-stimulating-investments-with-clear-road-map-on-fiscal-consolidation-crucial-now-dr-rangarajan/2196061/ The difference between the total revenue receipts (both tax and non-tax revenue) and the interest payments gives a good indicator of how much
Will the proposed bad bank help? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/will-the-proposed-bad-bank-help/2196737/ It can potentially clean up balance sheets and revive credit demand in the short run but cannot be a solution to the stressed-assets
Privatisation of CPSEs during recession time a horrible idea: Sen – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/privatisation-of-cpses-during-recession-time-a-horrible-idea-sen/articleshow/81069733.cmsSynopsis Participating in an event organised by industry body PHDCCI, Sen further said Finance Minister Nirmala Sitharaman did not mention world “employment” in her
Vital areas in kids’ health left ignored in Budget 2021–AAKAR PATEL | deccan chronicle
Clipped from: https://www.deccanchronicle.com/opinion/columnists/160221/vital-areas-in-kids-health-left-ignored-in-budget-2021.html The mid-day meal scheme, on which crores of children depended for their one good meal of the day, found its budget cut from Rs.13,400
The TReDS route to trade credit–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/the-treds-route-to-trade-credit/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. A Parliamentary Standing Committee wanting to make the
Spending proceeds of monetisation–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/spending-proceeds-of-monetisation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Amidst weak recovery and heightened global liquidity, it
fisheries sector: Blue economy: Focusing on fisheries sector for optimum growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/blue-economy-focusing-on-fisheries-sector-for-optimum-growth/articleshow/81043454.cmsSynopsis This year’s budget will pave the way for further growth of the sector and bridge critical gaps through demonstrative activities and technology infusion,
RBI’s easy liquidity may clash with macro stability, warns UBS’ Tanvee Gupta Jain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/rbis-easy-liquidity-may-clash-with-macro-stability-warns-ubs-tanvee-gupta/articleshow/81049123.cmsSynopsis It will not be easy for RBI to walk back on its stance but policy normalisation is going to be the next buzz
Public sector banks plan ‘daylight overdrafts’ to lure top companies from private rivals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-plan-daylight-ods-to-woo-top-cos/articleshow/81008846.cms SynopsisWith the Reserve Bank of India (RBI) changing the rules to help public sector banks (PSBs) grab business from MNC lenders, some of
Finance Minister intends to pump money into economy, but people must spend as well – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-finance-minister-intends-to-pump-money-into-economy-but-people-must-spend-as-well/2186958/ The government is willing to forgo fiscal discipline and tolerate fiscal slippage to enable it to spend more to infuse life into the
Budget signals focus on improving tax compliance, increasing transparency–SURANJALI TANDON WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-tax-compliance-economy-gdp-growth-7190263/ With little flexibility to change rates or to redefine the tax base, it is expected that the rate of growth in tax revenue
Some missing ‘pillars’ in the Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/some-missing-pillars-in-the-budget/article33844308.ece?homepage=true More funds could have been allocated to MGNREGA and PM Garib Kalyan Yojana to spur short-term demand Budget 2021-22, presented in the backdrop
Investing in government bonds directly from RBI is a sound option but don’t rush in to buy them – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/investing-in-government-bonds-directly-from-rbi-is-a-sound-option-but-dont-rush-in-to-buy-them/articleshow/80893294.cms Synopsis–Soon retail investors will be able to buy government bonds directly from RBI. Though there are certain advantages of investing in government bonds,
A clear-eyed and consistent Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-clear-eyed-and-consistent-budget/article33835943.ece?homepage=true The Budget’s tilt towards capex is not at the expense of the poor, also the better quality of spending will encourage growth The
Micro loans to women improve livelihoods – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/micro-loans-to-women-improve-livelihoods/article33835979.ece Also, the default rate on Deendayal Antyodaya Yojana loans is just 2%, which is much lower than on corporate loans A silent revolution
‘E-comm platforms have reduced export barriers’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/e-comm-platforms-have-reduced-export-barriers/article33836397.ece?homepage=true (Clockwise from left) Abhijit Kamra, Director Global Trade at Amazon India; Lloyd Mathias, Angel Investor and Business Strategist; Raja Rajan, Founder CEO, Boston