Clipped from: https://www.business-standard.com/article/economy-policy/finance-commission-recommendations-aren-t-a-one-day-match-n-k-singh-121021001669_1.html In a Q&A, the chairman of the 15th Finance Commission is emphatic that cooperative federalism remains robust and dwells on the possibilty of
Category: Economy
Increasing fiscal constraints | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/increasing-fiscal-constraints-121021001966_1.html Govt must focus on mobilising more revenues One of the criticisms of the Union Budget for 2021-22 has been inadequate spending to overcome the massive
New commanding heights | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/new-commanding-heights-121021001989_1.html Though private sector now creates more jobs than public sector, the scale of operations of even the giants in Indian biz has not
A decent Budget but big challenges remain | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-decent-budget-but-big-challenges-remain-121021001978_1.html Budget assures double-digit growth in FY22, but does little for unemployment, inflation, foreign trade and medium-term growth Budget 2021 has been framed against a
SBI Life, HDFC Life: Insurance cos eyeing reforms, stay invested: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sbi-life-hdfc-life-insurance-cos-eyeing-reforms-stay-invested-analysts-121021000670_1.html While on one hand the Budget proposed to increase the FDI limit in the sector to 74 per cent, it also proposed to
Union Budget: Time to swing into action – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/union-budget-time-to-swing-into-action/2192212/ Union Budget 2021 India: The government has to mind the gap between its intentions and implementation By K Kumar & Rumki Majumdar Indian
‘Gilt’ option for citizens–editorial–deccan chronicle
The Reserve Bank of India, during its latest monetary policy review, proposed to allow retail investors to park their money in government securities (G-Secs) —
Rebooting Economy 66: Is India facing credit deprivation to warrant corporation banks?–business today
Clipped from: https://www.businesstoday.in/opinion/columns/rebooting-economy66-is-india-facing-credit-deprivation-to-warrant-corporation-banks/story/430868.html RBI’s database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses
SC asks CBDT to decide on exemption to NRIs from paying income tax in India–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/sc-asks-cbdt-to-decide-on-exemption-to-nris-from-paying-income-tax-in-india/story/430869.html Several NRIs, stuck in the country due to Covid-19 travel restrictions, have been seeking relief from paying income tax under the residency criteria
CAG picks holes in daily fuel pricing system; says petrol pumps delay revising rates–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cag-picks-holes-in-daily-fuel-pricing-system-says-petrol-pumps-delay-revising-rates/story/430863.html The audit showed that there were 3,463 instances in 91 out of 188 outlets (Indian Oil – 40, Hindustan Petroleum -35 and Bharat
indian economy: India’s spending on growth to bring the economy on track leaves little for its vulnerable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-spending-on-growth-to-bring-the-economy-on-track-leaves-little-for-its-vulnerable/articleshow/80778896.cmsSynopsis While Modi’s popularity has endured throughout the pandemic, lower spending on social programs risks undermining his support as farmer protests gain international support.
JSW Group set to enter the e-commerce market by scaling up its JSW One initiative – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-group-set-to-enter-the-e-commerce-market-by-scaling-up-its-jsw-one-initiative/articleshow/80790941.cmsSynopsis As part of its e-commerce foray, JSW Group will also extend JSW One platform to influencers in the home-construction industry including contractors, masons,
How can India save $60 billion in forex every year? Start an international shipping line – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/how-can-india-save-60-billion-in-forex-every-year-start-an-international-shipping-line/articleshow/80779511.cms Synopsis–It is an idea whose time has come. A shipping line along with a port-led development model is what can drive India towards
We should target $340-$350 bln in exports for FY 22; contraction in trade lower than expected: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/we-should-target-340-350-billion-in-exports-for-fy-22-contraction-in-trade-lower-than-expected-fieo/articleshow/80787035.cmsSynopsis Addressing a range of issues that are impeding growth for the exports sector, FIEO said that economic growth is not possible without a
Nearly 70K women borrowers get credit guarantee under Modi govt’s flagship MSME support scheme – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-cgtmse-nearly-70k-women-borrowers-get-credit-guarantee-under-modi-govts-flagship-msme-support-scheme/2192094/ Credit and Finance for MSMEs: The loan accounts approved during FY20 for women entrepreneurs under CGTMSE to support their business expansion and growth
The Finance Minister’s 2021 Budget has thrown a huge lifeline, but will it work? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/search-rescue-operation/articleshow/80792802.cms Synopsis–The 2021-22 deficit is projected to decline to 6.5%, still very high, and similar in size to India’s fiscal deficits after the 1991-92
Nirmala Sitharaman’s Budget has growth written all over it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-nirmala-sitharamans-budget-has-growth-written-all-over-it/articleshow/80792799.cms Synopsis–This budget is not a traditional ‘consumption-led’ one, but rather infra-led, one that has high multipliers of growth. While it addressed several levers
No fiscal road map is meaningful without states: NK Singh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-fiscal-road-map-without-states/articleshow/80795664.cms Synopsis–“Need a path that involves both Centre and states on fiscal deficit and debt; have suggested the constitution of an inter-governmental body of
Revamped Gold Scheme: Minimum deposit cut to 10 gm, jewellers roped in – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/revamped-gold-scheme-minimum-deposit-cut-to-10-gm-jewellers-roped-in/articleshow/80795970.cmsSynopsis Mobilising most of the idle gold from Indian households will help the country reduce dependence on import of gold and address the issue
Return of DFIs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/return-of-dfis/article33794397.ece?homepage=true Setting up a development financial institution is a good idea, but past errors should be avoided The Centre is banking on long-term infrastructure