Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-2021-gdp-economy-7173494/ Fortunately, the RBI and government have worked in perfect harmony during the pandemic. The Union Budget for FY22 is a budget to consolidate
Category: Economy
Scrappage policy to drive growth of used cars in the medium term – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/scrappage-policy-to-drive-growth-of-used-cars-in-the-medium-term/article33745894.ece?homepage=true Govt plans to levy Green Tax at 10-25% for commercial vehicles over eight years old and personal vehicles of over 15 years The
Confident that disinvestment calendar will work well, non-tax revenues to improve in FY22: FM – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/confident-that-disinvestment-calendar-will-work-well-non-tax-revenues-to-improve-in-fy22-fm/articleshow/80691076.cmsSynopsis The government is targeting to conclude strategic sale of BPCL, Air India, Shipping Corporation of India, Container Corporation of India, IDBI Bank, BEML,
Millions of defaults threaten microfinance’s future in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/millions-of-defaults-threaten-microfinances-future-in-india/articleshow/80682643.cmsSynopsis Borrowers around the world have been hit hard but perhaps nowhere more so than in India. It’s the global leader in microfinance, the
Mega plans unleashed in the Budget to spur growth, now it’s all about execution – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-mega-plans-unleashed-in-the-budget-to-spur-growth-now-its-all-about-execution/articleshow/80693594.cmsSynopsis Overall, the budget will be remembered for many path-breaking reforms to spur growth. With the right policy initiatives, the focus should now be
Increased capex in Budget an ‘optical illusion’: Former finance secretary Garg – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/increased-capex-in-budget-an-optical-illusion-former-finance-secretary-garg/articleshow/80692111.cmsSynopsis The revised estimates (RE) of capital expenditure for FY 2020-21 have also gone up to Rs 4.39 lakh crore, recording an increase of
Why next month may be the most important for India’s economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-why-next-month-may-be-the-most-important-for-indias-economy/articleshow/80693634.cmsSynopsis Therefore, as the next financial year starts in April, GoI must be ready with its key budget measures. If all stakeholders know that
FDI hike in insurance, LIC IPO, privatisation of state-run insurers credit positive: Moody’s
Clipped from: https://www.businesstoday.in/current/economy-politics/fdi-hike-in-insurance-lic-ipo-privatisation-state-run-insurers-credit-positive-moodys/story/430211.html Lenient FDI regulations, listing of LIC, and privatisation of a government-owned general insurer should benefit the broader domestic insurance market as these entities
Budget provides broad support; fiscal consolidation prospects still weak: Moody’s
Clipped from: https://www.businesstoday.in/current/economy-politics/budget-provides-broad-support-fiscal-consolidation-prospects-still-weak-moodys/story/430212.html Moody’s expects India’s nominal GDP growth to rise close to 17 per cent in fiscal 2021, higher than 14.4 per cent pegged in
Wanted, visionary entrepreneurs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/wanted-visionary-entrepreneurs/article33742560.ece In a free market system, the private sector has to get into the driver’s seat and step on the gas – Feodora Chiosea
Health as well being – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/more-ground-work-is-needed-to-achieve-the-commendable-goal-of-framing-a-holistic-health-policy/article33742399.ece More ground work is needed to achieve the commendable goal of framing a holistic health policy It is hard to argue against Finance
Tariff uncertainty | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/tariff-uncertainty-121020302021_1.html Tinkering with rates will put off investment and hurt exports Another Union Budget has deepened the turn towards protectionism, which began a few years ago.
Growth through ease of compliance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/growth-through-ease-of-compliance-121020302057_1.html Compliance procedures need rationalisation and integrated digital systems During the annual Budget exercise, we are so taken with concerns about expenditure and resource
A growth-focused, credible Budget – The Financial Express
Clipped from: https://www.financialexpress.com/budget/union-budget-2021-a-growth-focused-credible-budget/2187334/ Union Budget 2021 India: Transparent and realistic projections will reduce uncertainty-premium Indian Union Budget 2021-22: The Union Budget FY22 clearly chose to boost
Investments in agricultural infrastructure will pay off – BUDGET 2021: The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-investments-in-agricultural-infrastructure-will-pay-off/2187330/ Union Budget 2021 India: The Budget provisions in the agricultural sector, implemented with enthusiasm and spirit, will boost investments, promote diversification and raise
Sitharaman’s bad bank plan sparks concern loan prices could be inflated – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sitharamans-bad-bank-plan-sparks-concern-loan-prices-could-be-inflated/articleshow/80662384.cmsSynopsis There are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis challenging. But
It is a mind-blowing Budget, at least for me: Arvind Panagariya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/it-is-a-mind-blowing-budget-at-least-for-me-arvind-panagariya/articleshow/80671802.cmsSECTIONSIt is a mind-blowing Budget, at least for me: Arvind PanagariyaLast Updated: Feb 03, 2021, 07:47 PM ISTSynopsis The kind of reforms that we
Budget Impact on Companies: Goodwill depreciation out; companies face higher tax outgo
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/goodwill-depreciation-out-cos-face-higher-tax-outgo/articleshow/80659732.cmsSynopsis The proposal would influence some of the ongoing M&A deals and discussions on taking over companies going through bankruptcy proceedings. Many companies will
Left to survive on their own, lament MSMEs–the economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2021-left-to-survive-on-their-own-laments-msmes/articleshow/80661511.cms Synopsis–Finance Minister Nirmala Sitharaman’s measures to give a leg up to the MSME sector in the Budget have left the fraternity largely unimpressed.
Decoding the fine print of Nirmala Sitharaman’s ‘no harm’ Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-key-highlights/articleshow/80621984.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while acknowledging the spending
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