Clipped from: https://www.business-standard.com/article/economy-policy/interest-on-public-debt-may-eat-away-half-of-govt-tax-revenue-in-fy21-fy22-121020701014_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Expenditure on interest will account for 52.4 per cent of the central tax revenues in FY22 The fiscal headroom for the central government
Category: Economy
A closer look at the Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-closer-look-at-the-budget-121020700947_1.html There are some areas of concern, though the government has done well to put an end to subsidy fudging and come clean on
Policy normalisation path | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/policy-normalisation-path-121020700910_1.html RBI will need to do a tough balancing act The Reserve Bank of India (RBI) did most of the heavy lifting in terms of providing
India’s aspiration needs 20 SBI-sized institutions: FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-aspiration-needs-20-sbi-sized-institutions-fm-sitharaman-121020701009_1.html Sitharaman said the government would work with the Reserve Bank for execution of the bank privatisation plan announced in the Budget Finance Minister Nirmala
Short shrift for agriculture | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/short-shrift-for-agriculture-121020700921_1.html The sector did not get anticipated attention in Budget If the government was expected to placate the farmers agitating at the Delhi borders for over
The what, why & how of bank privatisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-what-why-how-of-bank-privatization-121020700958_1.html The government must continue to own a few big banks to address market failures. Bank trade unions have taken to the streets, protesting privatisation of
Is Union Budget 2021-22 inflationary? Experts not on the same page | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/is-union-budget-2021-22-inflationary-experts-not-on-the-same-page-121020701002_1.html The government has ruled out tweaking the inflation target under the monetary agreement framework between it and the RBI C Ranganathan, former governor,
DFI likely to be set up with IIFCL’s paid-up capital of Rs 10,000 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/dfi-likely-to-be-set-up-with-iifcl-s-paid-up-capital-of-rs-10-000-crore-121020800018_1.html To have lower minimum capital adequacy ratio than NBFCs; IIFCL to clean up its Rs 4,500-crore bad loans A new government-owned development finance institution (DFI)
Union Budget FY22 not as fiscally expansionary as believed initially – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-union-budget-fy22-beyond-the-speech/2189945/ Union Budget 2021 India: Interest payments excluded, the expenditure budgeted for FY22 is slightly lower than FY21 expenditure (RE). So, Bugdet FY22 is
Tamil Nadu’s blunder: AIADMK backs agri reforms at Centre, its state farm loan waiver undercuts them
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/tamil-nadus-blunder-aiadmk-backs-agri-reforms-at-centre-its-state-farm-loan-waiver-undercuts-them/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Predictably running to stand still–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/predictably-running-to-stand-still/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Monetary policy has run fast to stand still.
Now, farmers, it is your turn–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/now-farmers-it-is-your-turn/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Little is to be gained by prolonging the
FM Sitharaman has loosened the purse strings in Budget: How will it fast-track India’s growth? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sitharaman-has-loosened-the-purse-strings-in-budget-2021-how-will-it-fast-track-indias-growth/articleshow/80725735.cmsSynopsis Chief Economic Adviser Krishnamurthy V Subramanian argues that Budget 2021 will not only propel growth in the next fiscal but also lay the
Sell the best public sector banks; bids can be foreign–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/Swaminomics/sell-the-best-public-sector-banks-bids-can-be-foreign/SA Aiyar Swaminathan S Anklesaria Aiyar is consulting editor of The Economic Times. He has frequently been a consultant to the World Bank and
Staying the course | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-mpc-interest-rates-7176511/ RBI maintains status quo on rates. And signals continued support to the economy In line with expectations, the monetary policy committee (MPC) of
Sitharaman has faced down critics to unshackle India’s economic growth story | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/nirmala-sitharamam-indian-economy-budget-7176525/ Surjit S Bhalla writes: What is even more remarkable is that the good budget came in the year of the farmers protests. Privatisation
Budget, like farm laws, is marred by gap between intentions of government and ground realities of agriculture–AJAY VIR JAKHAR WRITES–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/budget-like-farm-laws-is-marred-by-gap-between-intentions-of-government-and-ground-realities-of-agriculture-7171941/ Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has
Budget 2021 lays the foundation for a resilient economic recovery–UDAY SHANKAR WRITES: indian express
Clipped from: https://indianexpress.com/article/opinion/columns/prioritising-growth-over-fiscal-considerations-budget-lays-the-foundation-for-a-resilient-economic-recovery-7171943/ Budget also underlines the government’s commitment towards structural reforms, which can truly lay the foundations for “Atmanirbhar Bharat” The bold measures announced in
Confident of reducing fiscal deficit to 4.5% of GDP by FY26: Exp Secy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/confident-of-reducing-fiscal-deficit-to-4-5-of-gdp-by-fy26-exp-secy/articleshow/80733196.cmsSynopsis India has exceeded its fiscal deficit target of 3.5 per cent in the current fiscal by a wide margin due to higher spendings
Power demand remains higher in 1st week, crosses record peak of Feb’20 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/power-demand-remains-higher-in-1st-week-crosses-record-peak-of-feb20/articleshow/80732012.cmsSynopsis According to the power ministry data, peak power demand met was recorded at 187.71GW on February 1, 188.15 GW on February 2; 188.11