Page 6 - Latest Updates on Budget estimates
Ukraine crisis: Commodity prices to impact FY23 fertiliser subsidy targets
The Reserve Bank of India projects the retail inflation rate to average 4.5 per cent in FY23
 "Ukraine crisis: Commodity prices to impact FY23 fertiliser subsidy targets")
Budget 2022: Some musings
The worrisome issue of fiscal consolidation remains a major concern
 "Budget 2022: Some musings")
A bigger, not better, defence budget
Even as the total allocation has increased, it has fallen as a percentage of GDP
 "A bigger, not better, defence budget")
Union Budget 2022: How the India's social sector gets short shrift
Government allocations on health and education do not meet its targets and consistently fall short in terms of actual spending
 "Union Budget 2022: How the India's social sector gets short shrift")
Finance Ministry's real FY23 GDP forecast lower than in Economic Survey
The last time India's real GDP was at 8 per cent-plus was in 2015-16 (8 per cent) and 2016-17 (8.3%)
 "Finance Ministry's real FY23 GDP forecast lower than in Economic Survey")
Lower allocation
Budget for rural India may need to be revisited
 "Lower allocation")
Next steps on privatisation
Budget detaches the programme from fiscal needs
 "Next steps on privatisation")
Budget 2022: Emphasis on asset creation over direct income enhancements
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
 "Budget 2022: Emphasis on asset creation over direct income enhancements")
Largely transparent, but political
Finally, the Budget for 2022-23 has returned to its agenda for protectionism in the name of creating a self-reliant India
 "Largely transparent, but political")
Budget 2022: Virtual digital assets are here to stay, says expert
'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan
 "Budget 2022: Virtual digital assets are here to stay, says expert")
Budget impact: Capital expenditure-tilt positive for most sectors
Domestic-focussed sectors due to the government's push on infrastructure and indigenous manufacturing are the big winners in the Budget
 "Budget impact: Capital expenditure-tilt positive for most sectors")
Social sector: The focus of Budget 2022 is on effective implementation
The government has continued with earlier policies, schemes and extent of outlays, without attempting radical shifts or transformations
 "Social sector: The focus of Budget 2022 is on effective implementation")
Union Budget 2022: Govt borrowing plan may prompt reverse repo hike
15-40 bps raise likely in MPC meeting next week, say market participants
 "Union Budget 2022: Govt borrowing plan may prompt reverse repo hike")
Fiscal constraints
India needs to boost tax-to-GDP ratio
 "Fiscal constraints")
Union Budget 2022-23: Telecom firms spar over 5G auction quantum
Airtel wants only interference-free spectrum to be put up for auction
 "Union Budget 2022-23: Telecom firms spar over 5G auction quantum")
Union Budget 2022-23: Crypto investors look to pare their holdings
Several crypto investors and traders Business Standard spoke with said the attraction of the asset class is its volatility
 "Union Budget 2022-23: Crypto investors look to pare their holdings")
MGNREGA: Is the govt expecting unemployment levels to change soon?
Inflation adjusted, the Integrated Child Development Scheme figure is 36 per cent lower for 2021-22 than it had been the year PM Narendra Modi took over
 "MGNREGA: Is the govt expecting unemployment levels to change soon?")
Rightly reflects pandemic-era priorities
Infrastructure focus will create jobs but more could have been done on the health front
 "Rightly reflects pandemic-era priorities")
Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets
The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets
 "Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets")
Cryptocurrency tax doesn't give legitimacy to private digital currency: FM
We are not taxing a currency (digital rupee) that is yet to be issued
 "Cryptocurrency tax doesn't give legitimacy to private digital currency: FM")
