Page 162 - Budget 2026 News

Indian economy to grow 9.2% in FY22, fastest in world :Govt data

Risks to the economy stem from an Omicron-led third Covid wave, which may upend growth revival across sectors, specially the contact-intensive services industries

India's GDP may grow 9.2% in FY22: First advance estimates

Advance estimates are released to provide the numbers to the finance ministry to work on the Budget for the next financial year

Karad slams Thackeray, Maharashtra FM for not attending pre-budget meetings

MoS Finance Bhagwat Kishanrao Karad slammed Maharashtra CM Uddhav Thackeray and State FM Ajit Pawar for not attending pre-budget consultation meetings called by Nirmala Sitharaman

Touch services worst hit in all 3 waves, need Budget support: TV Narendran

The Centre and the states need to work together so that we don't have unnecessary disruptions, while at the same time you don't take unnecessary risks, said TV Narendran

Omicron restrictions may shave off up to 150 bps from FY22 GDP growth

India Ratings said concerns relating to Covid-19 and its impact on the ongoing economic recovery had resurfaced in view of the spread of Omicron

Budget 2022-23: Worst-hit sectors may get credit guarantee breather

Budget may extend ECLGS, loan guarantee schemes for MSMEs, hospitality, tourism

India likely to trim fiscal deficit target as Omicron cases rise: Report

FM Sitharaman is due to unveil the FY23 budget on Feb. 1 and officials said the thinking was that sharp cuts in government expenditure could hurt growth prospects

Watch Budget with BS, a tri-weekly show starting today

The show will be aired at 6 pm on Tuesdays, Thursdays and Saturdays

The infrastructure push

Higher expenditure will be needed to sustain recovery

Micro lenders seek extension of credit guarantee scheme in Union Budget

Seek allocation of Rs 15,000 cr for FY23, of which at least 75% should be earmarked for small and mid-size MFIs

Shortfalls, again

Union Budget must stop relying on disinvestment proceeds

Panel for Gati Shakti asks DPIIT to identify high-impact infra projects

The dept has also been asked to carry out a comprehensive infrastructure gap analysis

Govt may hike agri credit target to about Rs 18 trillion in upcoming Budget

With a view to give a boost to the agriculture sector, the government is likely to raise farm credit target to about Rs 18 trn in the Budget 2022-23 to be presented on February 1, according to sources

Raise your share in centrally-sponsored schemes: States to FM Sitharaman

States also want GST compensation extended till 2027

FM to hold pre-Budget talks with state finance ministers on Thursday

Finance Minister Nirmala Sitharaman will hold a meeting with finance ministers of states on Thursday as part of customary pre-Budget consultations with various stakeholders.

Budget 2022-23: Finance ministry turns tight-fisted for next fiscal year

Government managers are not sure if subsidies can be kept in check in FY23 either

Centre not likely to go for any off-Budget borrowing this year

This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process

Budget 2022-23: Avoid sharp fiscal correction, economists tell FM

According to the source, almost all economists recommended the government not to be too aggressive with their fiscal stance

Here's what industry groups had sought at pre-Budget consultations with FM

The customary pre-budget consultation meetings were held with the finance minister virtually between December 15 and December 22

Sitharaman to hold pre-Budget consultations with prominent economists today

Union Finance Minister Nirmala Sitharaman will hold pre-budget consultations with prominent economists on Wednesday in connection with the forthcoming general budget 2022-23.