Clipped from: https://www.hindustantimes.com/opinion The 2021-22 Union Budget has exceeded all expectations. This is reflected in the sharpest budget day rise in both the Nifty and Sensex
Category: Economy
Greening public transport is absolutely necessary; Budget allocation to tackle air pollution is a start – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/roadways/view-greening-public-transport-is-absolutely-necessary-budget-allocation-to-tackle-air-pollution-is-a-start/articleshow/80641391.cmsSynopsis Emissions from transport must abate for India to meet its NDC target. Increasing the share of public transport (to 50%) and non-motorised (walking
Hitting bullseye with a focus on healthcare, welfare and infra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/view-hitting-bullseye-with-a-focus-on-healthcare-welfare-and-infra/articleshow/80637867.cmsSynopsis Public spending and investment can, under normal circumstances, animate private spending and investment. If circumstances remain abnormal, it could generate inflationary pressures. Managing
Why Budget proposal for setting up of a bad bank is a good idea – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-if-executed-well-the-budget-will-propel-demand-jobs-and-wealth-creation/articleshow/80640525.cmsSynopsis There is a great example in American history when in June 1956, President Dwight Eisenhower, passed an act to build an Interstate Highway
If executed well, the Budget will propel demand, jobs and wealth creation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-if-executed-well-the-budget-will-propel-demand-jobs-and-wealth-creation/articleshow/80640525.cmsSynopsis There is a great example in American history when in June 1956, President Dwight Eisenhower, passed an act to build an Interstate Highway
FM Nirmala Sitharaman opens govt spending tap for growth revival – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-fm-nirmala-sitharaman-opens-govt-spending-tap-for-growth-revival/articleshow/80640628.cmsSynopsis A boost to expenditure, efforts to attract global capital and privatisation are key proposals of this budget. In her boldest budget so far,
Delivering a balanced, pragmatic, bold recovery plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-delivering-a-balanced-pragmatic-bold-recovery-plan/articleshow/80640524.cmsSynopsis Economy and GoI bodies adopting digital, including for the budget, will be emulated by other nations. Riding on high expectations, and in the
Nifty job on expenditures, just keep an eye on fiscal deficit post-Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-nifty-job-on-expenditures-just-keep-an-eye-on-fiscal-deficit-post-covid/articleshow/80640553.cmsSynopsis Even the high fiscal deficit target of 4.5% of GDP by 2025-26 is optimistic, and the total expenditure is likely to remain static,
A Budget that sets sail and template for the decade – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-a-budget-that-sets-sail-and-template-for-the-decade/articleshow/80640476.cmsSynopsis The FM had hinted that this budget would set the tone for the next decade. Through a sparkle of reform fireflies, the budget
Big reform push in banking, insurance — BUDGET 2021: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/budget-2021-big-reform-push-in-banking-insurance/articleshow/80639960.cmsSynopsis The Narendra Modi government plans to privatise state-run banks and a general insurer to raise funds for its ambitious infrastructure and healthcare spending
India’s $500 billion budget to spur growth leaves little for the poor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/indias-500-billion-budget-to-spur-growth-leaves-little-for-the-poor/articleshow/80637152.cmsSynopsis Sitharaman unveiled a budget that will cause the fiscal deficit to balloon to a much higher-than-expected 9.5% in the current year ending March
healthcare budget: India doubles healthcare spending, opens up insurance in “get well soon” budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-doubles-healthcare-spending-opens-up-insurance-in-get-well-soon-budget/articleshow/80629478.cmsSynopsis Delivering her budget statement to parliament, Finance Minister Nirmala Sitharaman projected a fiscal deficit of 6.8% of gross domestic product for 2021/22, higher
Ready to tap India’s deep reserves and get cracking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/infrastructure/view-ready-to-tap-indias-deep-reserves-and-get-cracking/articleshow/80640190.cmsSynopsis Huge investments in infrastructure will lead to massive construction activity and generate jobs. Finance minister Nirmala Sitharaman’s plan seems to draw heavily from
How bad bank model of ARC, AMC, AIF would work–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/decoding-the-budget/budget-2021-how-bad-bank-model-of-arc-amc-aif-would-work/story/429862.html Budget 2021 news: Currently, the banks have gross NPAs of around 7 per cent which is expected to rise to 15 per cent
Custom duty hike to increase smartphone prices, manufacturers might do away with charging adaptor–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/decoding-the-budget/budget-2021-custom-duty-hike-to-increase-smartphone-prices-manufacturers-might-do-away-with-charging-adaptor/story/429884.html The custom duty policy must have twin objectives of promoting domestic manufacturing and helping India get on to global value chain and export
Budget 2021 top proposals explained–indian express
Clipped from: https://indianexpress.com/article/explained/explained-what-top-budget-2021-proposals-are-trying-to-do-7169789/ Budget 2021 explained: Finance Minister Nirmala Sitharaman proposed many new measures in the Budget 2021 to prop up the flagging economy amid the
Highlights of Union Budget 2021-22 – The Hindu
Clipped from: https://www.thehindu.com/business/budget/highlights-of-union-budget-2021-22/article33713457.ece Here are sector-wise highlights of the 2021 Union Budget presented by Finance Minister Nirmala Sitharaman Presenting the Union Budget for 2021-22, Finance Minister Nirmala
Budget 2021 eases startup funding; FM extends eligibility for claiming tax holiday, capital gains exemption – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-eases-startup-funding-fm-extends-eligibility-for-claiming-tax-holiday-capital-gains-exemption/2184235/ Union Budget 2021 India: A company or an LLP incorporated on or before March 31, 2022 (earlier terminal date of March 31, 2021)
Govt reduces customs duty on certain steel items to provide relief to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/govt-reduces-customs-duty-on-certain-steel-items-to-provide-relief-to-msmes/articleshow/80630835.cmsSynopsis Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked
400 old duty exemptions to get a rejig, duties cut on many items to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/budget-2021-400-old-duty-exemptions-to-get-a-rejig-duties-cut-on-many-items-to-help-msmes/articleshow/80631119.cmsSynopsis The FM announced that there will be a reduction in Customs duty uniformly to 7.5% on semis, flat, and long products of non-alloy,