Page 29 - Budget 2021

Govt should spend, increase healthcare allocation: CEA to industry leaders

Speaking on privatisation, Subramanian said disinvestment would happen this year and selling Air India would be a seminal moment that would clearly signal the government's intent

CEA Subramanian bats for Pant-Pujara approach to economic revival

Fiscal policy must support growth till the pre-Covid trajectory is achieved

'Contact-sensitive sector with manufacturing will contribute to 11% growth'

The Indian economy can contract by 7.7 per cent in the current financial year ending on March 31 and the growth could be 11 per cent in the next financial year, according to the Economic Survey

Economic Survey 2020-21 endorses continuation of expansionary fiscal stance

The Survey is also bullish about medium-term growth prospects, largely due to the expenditure support and various reforms.

PM Modi to chair all-party meet ahead of Parliament's Budget Session

The government has not shown any inclination towards repealing the farm laws which is the prime demand of the protesting farmers

Parliament to consider bills to ban private cryptocurrencies, set up DFI

The Bill will prohibit all private cryptocurrencies in India, but will allow for certain exceptions to promote the underlying technology of cryptocurrency, and its uses

Best of BS Opinion: Budget for the victims, the Wall Street game, and more

Here's a selection of Business Standard opinion pieces for the day

Budget to be seen as part of mini budgets of 2020, says PM Narendra Modi

Sitharaman is scheduled to present the Budget in the Lok Sabha on Monday

Roads, health care consistent priority for govt: Economic Survey

Private participation remains low, the Survey shows

A call to print more money: Economic Survey sees a 'V-shaped recovery'

Forget fiscal conservatism, turn on the fiscal taps, and ignore debt build-up, says Survey

Economic Survey's optimism about India's public debt looks misplaced

India will not face the problem of debt sustainability even in the worst of scenarios till 2030, the Survey observed.

Eco Survey bats for sustained, calibrated measures to facilitate recovery

Economic Survey is rich in analysis and comparisons with international data and this makes it an important policy document as has been the case in previous years

Eco Survey suggests end to forbearance, another asset quality review round

Severely criticises RBI for not being able to unearth full extent of bad debt mess in banks in previous AQR round

Increasing health spend to 3% can halve out-of-pocket expenses: Eco Survey

The survey said the focus must be on building the health care system generally rather than a specific focus on communicable diseases

Litigation turning out to be a big hurdle for IBC: Economic Survey

Cites World Bank's Ease of Doing Business report, which said it takes 1,445 days to resolve a commercial contract in India, versus 589.6 days in OECD high income countries, 120 days in Singapore

Economic survey 2020-21: Promise of a counter cyclical fiscal stance

While this will mean material deviation from the FRBM road map, we feel that a decisive and credible stance on near-term fiscal deficit and FRBM targets is the need of the hour

Sensex has recorded average 3% swing on Budget day, shows data

Stocks tend to see huge gyration on Budget day as investors decipher the impact of the various announcements made by the Finance Minister

Output of eight core industries contracts 1.3% in December 2020

During April-December 2020-21, the sectors' output declined by 10.1 per cent against a growth rate of 0.6 per cent in the same period of the previous year

India's fiscal deficit soars to Rs 11.6 trillion at December end

According to the data released by the Controller General of Accounts (CGA), the fiscal deficit at the end of December in the previous fiscal year was 132.4 per cent of the BE of 2019-20

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