Page 181 - Budget 2026 News

India's GDP growth rate for 2019-20 revised downwards to 4% from 4.2%

Under the first revision released in January 2020, real GDP or GDP at constant (2011-12) prices for 2018-19 was pegged at Rs 139.81 trillion, showing a growth of 6.1 per cent

Budgets, risk, and Knightian uncertainty

Two bad ideas are being propagated so vigorously that, as so many times in the past, good pe­ople are considering adopting these bad ideas

Flashbacks: Here're some key facts about Union Budget that will amaze you

From 1955-56, Budget papers began to be printed in Hindi as well.

Budget Byte: Healthy corporate profits may help improve govt spending

Rising corporate profits and relatively unaffected salaries may help continue this trend giving a positive impetus to government spending

Markets faced corrections due to Covid uncertainty in early FY21: Survey

There were some significant corrections due to COVID-19 induced uncertainty in the beginning of this financial year, however both Nifty-50 and BSE Sensex recovered strongly afterwards, the Survey said

Economy to witness 'V-shaped' rebound with 11% growth in FY22: Eco Survey

The rebound will follow an estimated 7.7 per cent contraction in the Gross Domestic Product (GDP) in the current financial year ending March 31

LIVE: India took 'short-term pain' for long-term economic gain, says CEA

BUDGET SESSION 2021 LIVE UPDATES: Finance Minister Nirmala Sitharaman tabled Economic Survey today. Stay tuned for LIVE updates on Budget session of the Parliament

India's debt levels to reduce even in low-growth scenario, says CEA

CEA said growth leads to debt sustainability and even if India were to have real GDP growth rate as low as 3.8% each year from 2022-23 to 2028-29, the country's debt levels will still come down

School students owning smartphone in rural India up 61% in 2 yrs: Survey

The percentage of school students owning a smartphone in rural India has increased from over 36 per cent to 61 per cent in the last two years, the Economic Survey 2020-21 noted

Need to see farming as modern biz enterprise; reforms needed: Eco Survey

The Economic Survey on Friday suggested the government to see farm sector as a "modern business enterprise" for which "urgent reforms" are required to enable sustainable and consistent growth

Reduced data cost could enable affordable access: Economic Survey

Internet and broadband penetration across both urban and rural areas progressed rapidly, and the reduced cost of data could enable the affordable access at a fast pace, Economic Survey said

Need to promote non-discriminatory practices at workplace for women: Survey

There is a need to promote non-discriminatory practices at the workplace like pay and career progression, improving work incentives and social security benefits for women, said the Economic Survey

IT-BPM sector saw recovery in revenue growth at 7.9% in FY20: Eco Survey

The Indian IT-BPM sector witnessed a recovery in revenue growth at 7.9 per cent in FY2019-20, primarily driven by a significant boost in domestic revenue, as per the Economic Survey 2020-21

Taxpayer grievance redressal system needs more teeth: Economic Survey

The government should reinvigorate the taxpayer grievance redressal system by giving it more teeth and making it independent of the tax department to help build trust in tax admin, the Survey said

India reaping 'lockdown dividend' by saving lives, livelihood: Eco Survey

India is reaping the "lockdown dividend" from the preventive measures it adopted at the onset of the COVID-19 pandemic indicating its willingness to take short-term pain for long-term gain

Economic Survey tries hard to dispel stigma of overusing fiscal policy

Given the government's cautious fiscal response to the pandemic so far, it seems unlikely that it will drop the ball on consolidation in the upcoming Budget

Budget likely to increase food subsidy allocation by 4%-6% for 2021/22

Budget will be presented on February 1

Calibrated response to Covid leaves room for more fiscal measures: Survey

Government of India and Reserve Bank of India (RBI) together announced a total stimulus worth Rs 29.87 trillion, which is 15 per cent of national GDP, the Survey said

Firms garner Rs 92K cr via public equity issuance in Apr-Dec: Eco Survey

A 46 per cent jump from the preceding financial year, with rights issue remaining the most preferred route for financing business needs

Economic Survey: Case for Budget to bring more sectors under PLI scheme

The govt's PLI scheme can aid job creation, according to the Survey, which has laid out 10 ideas towards achieving and sustaining a higher growth rate