Clipped from: https://www.financialexpress.com/budget/india-lost-more-than-a-years-worth-of-growth-cant-afford-to-go-on-a-debt-binge/2187664/ Union Budget 2021 India: The economic contraction — the first in India since the 1970s — has put pressure on its government like
Category: Budget
‘Bad bank’ idea: Govt guarantee for ARC paper likely | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/npas-bad-bank-arc-paper-bad-loan-budget-7186433/ The ARC, according to government officials, is likely to take over Rs 2-2.5 lakh crore of stressed assets that remain unresolved in around
Now, FM bats for wealth creators, tax-payers and honest citizens – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/we-must-respect-wealth-creators-tax-payers-and-honest-citizens-fm/article33822919.ece Nirmala Sitharaman says Budget aimed at making country self-reliant, provide growth stimulus; slams Opposition’s ‘false narratives’ Taking cue from Prime Minister Narendra Modi’s
Industrial output recovers by a small 1%, retail inflation at 16-month low | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/industrial-output-recovers-by-a-small-1-retail-inflation-at-16-month-low-121021201704_1.html Experts say MPC may continue with accommodative stance in next nine months Industrial activity has posted growth in only three months in the
Budget debate: We care for poor and respect wealth creators, says FM | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/budget-aims-at-providing-strong-stimulus-for-long-term-growth-fm-121021201543_1.html Budget is the instrument for Atmanirbhar Bharat, says FM Nirmala Sitharaman The government should be accountable for the money it gets as tax,
RBI to issue new 40-year benchmark bond on Thursday, raise Rs 7,000 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-to-issue-new-40-year-benchmark-bond-on-thursday-raise-rs-7-000-crore-121021201829_1.html The 40-year bonds are the highest tenured bonds issued by the government The Thursday’s bond will be used to raise Rs 7,000 crore,
Budget 2021: Will help the poor, will spur growth, says FM – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-will-help-the-poor-will-spur-growth-says-fm/2193800/ Union Budget 2021 India: Similarly, loans of over Rs 27,000 crore have been extended under the Mudra scheme, meant essentially for small-time budding
A key step for inclusive growth – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-key-step-for-inclusive-growth/2193776/ Benefits extended to the affordable rental housing segment in the Budget will prove key to dignified living for migrant workers in cities The
Making the Budget work in practice–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/making-the-budget-work-in-practice/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. In an interview to this newspaper, Finance Minister
Missing link in power sector reform–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/missing-link-in-power-sector-reform/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The budget rolled out a revamped, reforms-based and
Not an unwise sleight of hand in this Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-theres-plenty-of-sleight-of-hand-in-sitharamans-budget-like-no-other/articleshow/80885234.cms Synopsis–Budget 2021 could have done more for boosting public investment in agriculture and increasing government spending beyond what is incurred on repaying FCI’s
Reform measures in Budget to help India become $5-trillion economy, says CEA Subramanian – The Financial Express
Clipped from: https://www.financialexpress.com/economy/union-budget-2021-22-reform-measures-in-budget-to-help-india-become-5-trillion-economy-says-cea-subramanian/2193748/ He also said the country’s economy is expected to grow at 15.5 per cent in nominal terms in 2021-22 and contract 1-2 per
Time to end the hypocrisy on retail – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/time-to-end-the-hypocrisy-on-retail/2193636/ As Modi said about the private sector, appreciate what Amazon/Walmart have done & allow FDI in multi-brand retail Perhaps it is time to
We’ll bring all stakeholders on board on privatisation: Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/well-bring-all-stakeholders-on-board-on-privatisation/articleshow/80871254.cmsSynopsis Sitharaman said the Centre would examine the recommendations of the Finance Commission regarding merging the 12% and 18% GST rates and moving to
vpf vs ppf investment: Voluntary Provident Fund (VPF) vs Public Provident Fund (PPF) – Which suits you better? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/voluntary-provident-fund-vpf-vs-public-provident-fund-ppf-which-suits-you-better/articleshow/80874174.cmsSynopsis Both VPF and PPF carry sovereign guarantee and hence, there is no difference when it comes to risk. Both are considered to be
Bank privatisation debate: Here’s how the doyens see it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-privatisation-debate-heres-how-the-doyens-see-it/articleshow/80877074.cms SynopsisPunjab National Bank chief executive SS Mallikarjuna Rao mentioned the massive role of public sector banks in infrastructure financing. “The finance minister announces
nirmala sitharaman –You spend on infrastructure and you create a capital asset, jobs, demand: – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/you-spend-on-infra-and-you-create-a-capital-asset-jobs-demand/articleshow/80868810.cmsSynopsis “You spend on infrastructure, you create a capital asset, whose effect will be on the economy for the next couple of decades. It
NPA crisis: India’s plan to set up a bad bank to resolve NPA crisis is riddled with problems – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-indias-plan-to-set-up-a-bad-bank-to-resolve-npa-crisis-is-riddled-with-problems/articleshow/80867842.cms SynopsisHere are some basics about bad banks. Commercial banks transfer their bad loans to a newly formed entity — a non-deposit-taking ARC, or
Beware the many slips between cup and lip – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/beware-the-many-slips-between-cup-and-lip/article33813379.ece What all can come in the way of Budget 2021-22 accelerating India’s economic growth Every Budget has a vision. Finance Minister Nirmala Sitharaman
Govt eyes different monetisation models to raise resources for investments | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-eyes-different-monetisation-models-to-raise-resources-for-investments-121021101973_1.html Unlike privatisation, monetisation of assets does not require transfer of ownership to private hands; instead, projects are vested with a trust or a