Page 1956 - Economy & Policy News

Govt estimate of revenue from telecom up two-folds to Rs 1.33 trn for FY21

It expects a revenue of Rs 58,686.64 crore under communications head in the current fiscal year against budgeted amount of Rs 50,519.8 in 2019-20.

Budget 2020: Govt looks to increase turnover of GeM portal to Rs 3 trillion

The minister also proposed to provide about Rs 27,300 crore for development and promotion of industry and commerce for 2020-21

Doubling farmers' income by 2022: Status check on govt's ambitious plan

Could the window be closing on the Bharatiya Janata Party-led government's promise to double farmers' income and revamp the agricultural economy by 2022?

Budget: Govt to launch campaign to eliminate TB by 2025, says Sitharaman

Presenting the Budget for 2020-21, Sitharaman proposed to expand Jan Aushadhi Kendras to all districts of the country to provide medicines at affordable rates

Will Nirmala Sitharaman's Union Budget help make the 2020s India's decade?

PM Modi kicked off the "new decade" theme on Friday morning in his customary statement before the beginning of the Budget session.

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.

Economic Survey: 'Counter-cyclical fiscal policy' to boost demand justified

The Survey places primary blame for the slowdown on global factors, saying 'the deceleration of India's GDP growth since 2017 has tracked the decline in world output'

Govt to spend Rs 25 trn on rural economy; Rs 43K cr given under PM-KISAN

The President said the central government, along with states, is working to provide relief to farmers from natural calamities

Indian economy faced abrupt slowdown in 2019; it's not in recession: IMF MD

Kristalina Georgieva said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact

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

FM Nirmala Sitharaman to present Budget 2020 in Parliament today

The Budget speech will begin at around 11 am today with Sitharaman beginning it with an address to the speaker of Lok Sabha

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

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

Economic Survey suggests 2020-21 to be a challenging year, fiscally

The survey is critical of govt interventions in the market and shows four instances where govt interventions failed to achieve the desired outcome

How long will it take to create trust that the Economic Survey argues for

The Survey forecast appears to be on a higher side, which could be aspirational and depends on the Budget proposals.

Economic Survey: Will the FM consider recalibrating the FRBM roadmap?

The Survey forecasts 2020-21 real GDP to grow at 6-6.5%

Economic growth likely to get a boost of 0.7 percentage points in FY20

According to advance estimates, the economy is projected to grow by 5% in the current fiscal year, which would be an 11-year low

President Kovind makes pitch for swadeshi to build 'a better tomorrow'

Protests in parliament against CAA, NRC mar his address

Relatively cheaper food improved common man's welfare, says Economic Survey

The affordability index has been constructed using the annual earnings of an average industrial worker

Analysis should take into account changes in district-level GDP growth

A 10% hike in new firm creation increases district-level GDP growth by 1.8%