Page 17 - Latest Updates on Capital Expenditure
60% of govt 'spending spree' inevitably goes towards committed outlay
With schemes like MGNREGA and cash support via PM-KISAN given priority in allocation from the remainder, govt is forced to dip into capital receipts from disinvestment and borrow from the market
 "60% of govt 'spending spree' inevitably goes towards committed outlay")
Best of BS Opinion: For whom Covid bell tolls, Defending pvt sector & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: For whom Covid bell tolls, Defending pvt sector & more")
Balkrishna Ind's Rs 1,900 cr capex plan sparks profit taking; stock down 8%
With 9MFY21 volumes of approximately 159,130 MT, the management increased guidance for FY21 and expects to end FY21 with a sales volume of 215,000-220,000 MT
 "Balkrishna Ind's Rs 1,900 cr capex plan sparks profit taking; stock down 8%")
Two-wheeler makers plan to resume capital expenditure plans in FY22
This will come as a boost for the government, seeking private sector capex
 "Two-wheeler makers plan to resume capital expenditure plans in FY22")
Slower consolidation to constrain fiscal strength over medium term: Moody's
Rating agency Moody's on Wednesday India's fiscal deficit projections are higher than expected
 "Slower consolidation to constrain fiscal strength over medium term: Moody's")
Budget not just about raising, lowering tax: Finance secretary A B Pandey
The Budget should not be seen only as an exercise where you increase or decrease taxes, but also where you provide stability of rates, says Pandey
 "Budget not just about raising, lowering tax: Finance secretary A B Pandey")
A driver of economic revival
The finance minister must be appreciated for resisting the temptation to increase taxes
Budget creates space for supporting economy: CRISIL MD & CEO Ashu Suyash
The onus was on the government to do the heavy lifting for reviving the investment cycle as a broad-based recovery in private capex is not yet in sight
 "Budget creates space for supporting economy: CRISIL MD & CEO Ashu Suyash")
Govt takes capital expenditure route to spur growth in Budget 2021
At 15.9%, capex share in total spend for FY22 will be the highest in over a decade
 "Govt takes capital expenditure route to spur growth in Budget 2021")
Spend, earn, tax: Finances of Union Budget 2021 explained in nine charts
Taxes on individual incomes will now bring more revenue to the government than taxes on corporate profits
 "Spend, earn, tax: Finances of Union Budget 2021 explained in nine charts")
Atmanirbhar Kisan: FM Sitharaman allows mandis to access Agri Infra Fund
Cess might not pinch the pocket much as it could be offset by cut in customs duty
 "Atmanirbhar Kisan: FM Sitharaman allows mandis to access Agri Infra Fund")
Budget share of capital expenditure highest in decade, aims for investments
Public spending push is expected to help push growth after pandemic slowdown in investments
 "Budget share of capital expenditure highest in decade, aims for investments")
Budget 2021 is fiscally stimulating, but more on expenditure side
Budget has delivered a fairly effective boost on capex while bringing about some reforms in the financial sector
 "Budget 2021 is fiscally stimulating, but more on expenditure side")
Budget 2021: Capital expenditure hiked 34.5% to Rs 5.54 trillion in FY22
The government's planned capital expenditure for the current fiscal has been increased to Rs 4.39 trillion, as against the Budgeted Rs 4.12 trillion
 "Budget 2021: Capital expenditure hiked 34.5% to Rs 5.54 trillion in FY22")
FM proposes to raise capital expenditure to Rs 5.54 trillion in FY22
Finance Minister Nirmala Sitharaman on Monday proposed to increase the capital expenditure to Rs 5.54 lakh crore in the financial year starting April 1, 2021
 "FM proposes to raise capital expenditure to Rs 5.54 trillion in FY22")
Covid spending to tax revenue: Key numbers to watch out for in Budget 2021
Here are the key numbers to watch out for in the Budget for 2021-22, which is widely expected to be a "economic vaccine" for the pandemic-battered economy.
 "Covid spending to tax revenue: Key numbers to watch out for in Budget 2021")
Companies can't hold capital assets created with CSR funds: Experts
If such capital expenditure was incurred as part of CSR in the past, the assets need to be transferred within six months.
 "Companies can't hold capital assets created with CSR funds: Experts")
Coal India increases capex by 30% for current fiscal year to Rs 13,000 cr
Move in line with Centre's directive to increase expenditure for economic revival
Beyond Budget Headlines: Health & education deserve more outlay, attention
In the fifth episode, we discuss about expenditure side of the Budget and look at sectors that have traditionally not been India's top expense areas but are now in the spotlight because of pandemic
 "Beyond Budget Headlines: Health & education deserve more outlay, attention")
The irony of microeconomics: Excess supply and a study of scarcities
How has economics built the excess supply of land, labour, capital and product into its formal analytical structure which, even now, is predicated on the study of scarcities? The answer is, it hasn't