Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/health-bold-steps-in-a-long-journey/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The long overdue attention to health in Budget
Category: Economy
Privatisation Serves A Public Purpose–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/privatisation-serves-a-public-purpose/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The finance minister’s budget speech was unabashedly bold
Budget puts plan afoot, but can India deliver? Gopichand P Hinduja weighs in – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-budget-puts-plan-afoot-but-can-india-deliver-gopichand-p-hinduja-weighs-in/articleshow/80674443.cmsSynopsis It is unfortunate that it took a pandemic to finally set our priorities right. An outlay of Rs 2,24,000 crore is 224% higher
Two PSBs, one insurance firm to be privatised – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/two-psbs-one-insurance-firm-to-be-privatised/article33718712.ece The government is planning to set the ball rolling on privatisation of two public sector banks (PSBs) and a general insurance company in
FM proposes ARC to tide over NPAs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fm-proposes-bad-bank-to-tide-over-npas/article33718524.ece Finance Minister Nirmala Sitharaman’s proposal for stressed asset resolution through the setting up of an asset reconstruction company and asset management company is
‘Cost of financing in the economy likely to go up’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cost-of-financing-in-the-economy-likely-to-go-up/article33719460.ece Cost of financing in the economy could go up as the government’s gross borrowing programme at ₹12-lakh crore in FY2022 is higher than
Budget proposes tax neutral benefit for conversion of UCBs into banking company – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/budget-proposes-tax-neutral-benefit-for-conversion-of-ucbs-into-banking-company/article33739017.ece Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman× The RBI had in 2018 permitted voluntary transition of primary coop banks into small finance
Batting on the front foot – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-budget-has-abandoned-fiscal-conservatism-to-give-growth-a-meaningful-push/article33719813.ece The Budget has abandoned fiscal conservatism to give growth a meaningful push Finance Minister Nirmala Sitharaman was faced with the difficult choice of
Blueprint for a post-pandemic economy – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/blueprint-for-a-post-pandemic-economy/article33733069.ece Budget proposals on financial sector and other reforms are welcome. But fiscal consolidation has been put off for another day The Finance Minister,
The crucial roadmap for the economy is missing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-crucial-roadmap-for-the-economy-is-missing/article33733214.ece Annual Budgets are generally meant to present the blueprint of all activities the government plans to undertake in a fiscal, but the Union
Achieving Pareto Optimality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/achieving-pareto-optimality/article33733180.ece With fiscal curbs off, the FM had more leeway to spend Achieving Pareto Optimality in a Budget is often hard — a situation
Too much onus on tax deductors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/too-much-onus-on-tax-deductors/article33733832.ece They cannot be expected to track the non-filers Where income tax is deductible at source, the person responsible for deducting is required to
Notably transparent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-budget-has-taken-a-big-step-towards-displaying-a-transparent-set-of-numbers/article33733062.ece The Budget has taken a big step towards displaying a transparent set of numbers A welcome change in the Union Budget of 2021-22
A building-block Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-building-block-budget/article33733120.ece Gives a push to capex while easing fiscal consolidation Based on the recommendations of the Fifteenth Finance Commission, the Central government has agreed
Customs duty hikes: Companies to look at rejigging sourcing structures – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/customs-duty-hikes-companies-to-look-at-rejigging-sourcing-structures/article33736457.ece Will need to increase local sourcing, say players With the Central government continuing with its strategy to hike customs duties in the latest
A ‘no harm done’ Union Budget 2021, on balance | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/a-no-harm-done-union-budget-2021-on-balance-946434.html There have been some positive fallouts Union Finance Minister Nirmala Sitharaman. Credit: PTI Photo There is no doubt that the Finance Minister had
Looking beyond the Budget numbers to see if government schemes really work | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/looking-beyond-the-budget-numbers-to-see-if-government-schemes-really-work-945225.html Using a method such as the Outlay-Output-Outcome framework can go a long way in assessing the effectiveness of government spending Representative image. Credit:
Worrying signs in Budget fine print for agri sector | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/worrying-signs-in-budget-fine-print-for-agri-sector-946156.html Large changes in some outlays point to preference for private and PPP investments in infrastructure in the context of the farm laws Union
Safe harbour for the ship in unstable times |BUDGET 2021: Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/budget-2021-safe-harbour-for-the-ship-in-unstable-times-946329.html Budget FY22 checks all the right boxes on intent. On financial allocation, it checks a few boxes less so Representative image. Credit: iStockPhoto
Art of hiding the truth | UNION BUDGET 2021: Deccan Herald
Many of us have grown hearing the story of how Dronacharya is slain in the Mahabharata by a half-truth Union Finance Minister Nirmala Sitharaman. Credit: