Page 3 - Latest Updates on Expenditure Budget
Budget Byte: Post-pandemic Budget will need to focus on ignored sectors
MSMEs, education, India's police forces might need more support in the coming year to realign their development and spending goals
 "Budget Byte: Post-pandemic Budget will need to focus on ignored sectors")
Why the govt should stop assuming any revenue from disinvestment
The government is sitting on a pile of dross which has a veneer of gold and nobody wants the dross while the govt can't sell the gold
 "Why the govt should stop assuming any revenue from disinvestment")
Fiscal realities: Why govt cannot respond to Covid-19 crisis more fully
The problem is on both revenue and expenditure sides - the former is shrinking in relation to GDP, and the latter is rising despite a sharp drop in petroleum-related subsidy bills - writes T N Ninan
Long on ideas
Budget falls short on farm reforms execution
 "Long on ideas")
Defence spending in austere times
The unusually low 5 per cent increase in allocation in the Budget calls for unorthodox solutions to fund the military
 "Defence spending in austere times")
We have reprioritised spending to be more productive: Expenditure Secretary
If you look at the growth target of 10 per cent nominal GDP, what we expect is something like 6-6.5 per cent real GDP growth, and inflation of 3.5-4 per cent
 "We have reprioritised spending to be more productive: Expenditure Secretary")
Budget session LIVE updates: Congress protests against Anurag Thakur in LS
Budget 2020 Live: Finance Minister Nirmala Sitharaman today presented the annual Union Budget 2020-21 in Parliament. Follow Business Standard for LIVE updates
 "Budget session LIVE updates: Congress protests against Anurag Thakur in LS")
Nirmala Sitharaman's Budget again reveals structural fiscal constraint
It recognises it cannot afford space for expansionary fiscal policy
 "Nirmala Sitharaman's Budget again reveals structural fiscal constraint")
Budget consistent with fiscal strategy; aimed at boosting demand
The fiscal multiplied impact of higher government consumption spending is coupled with signal to household sector to spend more
 "Budget consistent with fiscal strategy; aimed at boosting demand")
Budget 2020: Space sector share up 8% to Rs 13,479 cr to develop space tech
In launch vehicles, Isro expects to fly its first small rocket with a carrying capacity of 500-700 kg in the next few months
 "Budget 2020: Space sector share up 8% to Rs 13,479 cr to develop space tech")
Budget 2020: PM Narendra Modi seems keen to move beyond gradual moves
On January 6, he held a series of meetings with Indian Inc, economists and experts on the Union Budget for 2020.
 "Budget 2020: PM Narendra Modi seems keen to move beyond gradual moves")
Budget 2020: Govt may increase spending on infra, offer tax incentives
In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1
 "Budget 2020: Govt may increase spending on infra, offer tax incentives")
Briefcase or bahi-khata: What will FM carry for Budget 2020 presentation?
On the day of 2019 Union Budget presentation, Sitharaman broke away from long-standing traditions of colonial-era when she ditched the briefcase and opted for traditional bahi khata
 "Briefcase or bahi-khata: What will FM carry for Budget 2020 presentation?")
Budget 2020: SBI chairman Rajnish Kumar expects higher infra spending
I am expecting that the budget will be on reviving economic growth, says SBi Chairman Rajnish Kumar
 "Budget 2020: SBI chairman Rajnish Kumar expects higher infra spending")
Budget expectations, earnings, coronavirus to drive stock market this week
On the macro front, US Q4 GDP and India's fiscal deficit data would be released
 "Budget expectations, earnings, coronavirus to drive stock market this week")
Market expects the Budget to focus on fiscal prudence, raising revenue
We expect the Budget to contain some pro-market/economy measures, says Sanjay Mookim, India Equity Strategist at BofAML
 "Market expects the Budget to focus on fiscal prudence, raising revenue")
Budget 2020: Expect Bharatmala allocation to rise to Rs 1.01-trn, says ICRA
Total budgetary allocations to fund the ambitious new highway development programme is estimated at Rs 3,43,045 crore over FY2019-2022 - averaging around Rs 86,000 crore per annum.
 "Budget 2020: Expect Bharatmala allocation to rise to Rs 1.01-trn, says ICRA")
Budget 2020: Why govt must look beyond taxes, do more with its money
Though non-tax revenues, including borrowings, account for 40% of the Budget, there seems to be little focus on boosting these or reducing borrowings by saving on expenditure, writes T N Ninan
Govt cuts expenditure limit for March quarter as revenue collection falls
The government has asked all departments to restrict the expenses to 25 per cent of the Budget Estimate (BE) in January-March
 "Govt cuts expenditure limit for March quarter as revenue collection falls")
A real Budget, please: This one has to confront severe resource restraints
In Budget 2020 speech, the FM should state how she intends to return to the 7% track, and the hard decisions she will take to adjust to the realities of a slowing economy, writes T N Ninan