Tag: Union Budget 2021

View: Budget 2021 is a shot in the arm for India’s war on air pollution

Just like the vaccine shots for Covid-19, Budget 2021 has come as a shot in the arm for India’s war on air pollution. The allocation...

You spend on infra and you create a capital asset, jobs, demand: Nirmala Sitharaman

Your budget has been described as one of the great recent budgets. Were you expecting such a reaction? Our priority was only to make sure...

Budget 2021: It’s a five-minus-four-year plan

For many entering the debate about the (undue) importance given to the annual Union budget exercise presented by GoI every February 1, one aspect seems...

Basic Customs Duty on mobile phone components to spur localisation

New Delhi: Industry body ESC on Tuesday said imposition of 2.5 per cent Basic Customs Duty (BCD) on mobile phone components, announced in the recent...

View: Nirmala Sitharaman has reset the budget lexicon and inked her legacy

Ahead of the presentation of the Union budget, Finance Minister Nirmala Sitharaman threw down the gauntlet as it were. The FM audaciously claimed her next...

View: Despite appearances, Budget 2021 effectively continues to follow a conservative fiscal path

One of the most enigmatic elements of GoI’s approach towards the Covid-19 pandemic has been its dogged conservative approach towards fiscal management this year. We...

View: If executed well, the Budget will propel demand, jobs and wealth creation

The need of the day is a sustainable growth plan driven by a robust reform agenda. And the Union Budget 2021 did deliver, without the...

India’s $500 billion budget to spur growth leaves little for the poor

By Vrishti Beniwal and Archana Chaudhary A mammoth spending plan of almost $500 billion announced by Prime Minister Narendra Modi’s government is expected to jump-start...

View: This is a Budget aimed at taking India to the next level

For any government only just emerging from a pandemic the likes of which has not been experienced since Independence, the ostensibly prudent approach would have...

economy: Steel user industries cheer customs duty reduction on long and flat steel products

Mumbai: Steel user industries like auto, construction and engineering goods sector have welcomed the announcements made by the Finance Minister to slash customs duty on...

Poll-bound states get special focus in FM Speech; Rs 2.27 lakh crore infra projects for TN,WB, Kerala, Assam

NEW DELHI: From Rs 1.03 lakh crore highway projects for Tamil Nadu to Rs 65,000 crore works for Kerala – four poll-bound states found special...

Government presents Union Budget 2021: Who said what | India News

NEW DELHI: Opposition parties criticized the Union Budget 2021 for being visionless and said that the government failed on crucial areas such as the Gross...

Budget 2021: Govt may spend big to push growth

(This story originally appeared in on Feb 01, 2021) NEW DELHI: It has been billed as a Budget like never before, triggering expectations that the...

View: It’s important to get real about what Budget can — and cannot — do

As we await what is undoubtedly the most important event in the country’s economic calendar — presentation of the Union budget — there’s one thing...

First part of Union Budget Session 2021 to end on February 13: Sources

New Delhi: The first part of the Budget Session of Parliament will end on February 13 instead of February 15 as the Rajya Sabha, on...

union budget: Economic Survey calls for simplification of regulations

New Delhi: The Economic Survey on Friday called for simplification of regulatory processes in the light of uncertainties in the real world scenarios. The Survey...

Economic survey: Gap between resource availability, requirement pose challenge in NDC implementation: Eco Survey

New Delhi: A huge gap between resource availability and the requirement poses a major challenge in timely implementation of India’s Nationally Determined Contribution (NDC) goals,...

Growth leads to debt sustainability, says Economic Survey

New Delhi: Making a case for an optimal fiscal stance, the Economic Survey on Friday said growth leads to debt sustainability and not necessarily vice-versa....

Economic Survey calls for another asset quality review once Covid forbearance is lifted

The government has called for another round of asset quality review when the Covid related forbearance is lifted, the latest edition of the economic survey...

indian economy: Vaccination plan for an ailing Indian economy: Job creation agenda needs a reset

As we eagerly wait for a historic budget in once-in-a-lifetime situation of Covid-19, the issue of resilience, both economic and societal, becomes extremely significant going...

View: Innovative financing is key, while broadening RBI’s growth and financial stability objectives

We believe fiscal stimulus is the need of the hour, as GDP will likely contract by 6.7% in FY2021. There are also rising risks to...

India’s 11.5% projected growth in FY22 will be largely mechanical: Gita Gopinath

The 11.5% growth projected by the International Monetary Fund (IMF) for India in fiscal 2022 will largely be mechanical, as the economy normalises from an...

income tax: Experts do not expect any major income tax relief in Budget

New Delhi: Salaried class or middle class might be disappointed from the Union Budget, which Finance Minister Nirmala Sitharaman is going to present on February...

Budget should ensure strong and targeted public expenditure to address K-shaped recovery: Experts

NEW DELHI: The government needs to ensure strong expenditure growth in the Union Budget with targeted fiscal support to address the K-shaped recovery being witnessed...

Indian economy to get shot in the arm from Budget 2021: Economists

India’s path to economic recovery will be stronger than previously thought as fiscal expansion and vaccine hopes help the country heal from COVID-19, a Reuters...