Page 142 - Nirmala Sitharaman

Budget 2022: ECLGS scheme to be extended till Mar 2023, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday proposed to further extend the Emergency Credit Line Guarantee Scheme (ECLGS) till March 2023, with an expanded guarantee cover of Rs 5 lakh crore. She also said the draft DPRs (detailed project report) for five river links have been finalised and the implementation of Ken-Betwa rivers linking with an estimated cost of Rs 44,605 crore will be taken up. In her Budget Speech 2022-23, Sitharaman said Kisan drones for crop assessment, land records and spraying of insecticides are expected to drive a wave of technology in the agriculture sector. "ECLGS scheme to be extended till March 2023 and guarantee cover expanded by Rs 50,000 to Rs 5 lakh crore," she said.

Digital university to be set up to provide education: FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday proposed to set up a digital university to provide education that will be built on a hub and spoke model

Rs 6,000-cr programme to rate MSMEs to be rolled out in 5 yrs: Sitharaman

As part of initiatives to promote digital infrastructure, a desh stack e-portal will be launched, she noted in her presentation of the Union Budget for 2022-23

Budget 2022: 400 new Vande Bharat trains to be introduced, says FM

She also said that a rationalised scheme to increase domestic oilseed production will be brought in to cut down imports

National Highways to be expanded by 25,000 km in 2022-23: FM

She also said multimodal logistic parks will also be set up in 2022-23

This Budget will continue to provide impetus to growth: FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said that this year's Budget would continue to provide impetus to growth

Big private investment in infra would be guided by Gati Shakti: Sitharaman

Big private investment in infrastructure would be guided by Gati Shakti, Finance Minister Nirmala Sitharaman said on Tuesday

Railways to develop new products for small farmers, MSMEs: FM

Railways will develop new products for small farmers and MSMEs, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget for 2022-23, she noted that efforts of central and state governments are leading to jobs and entrepreneurial opportunities. She further said national highways will be extended by 25,000 km during 2022-23, and the PM Gati Shakti for road transport master plan will be finalised in 2022-23.

Economic growth expected at 9.2% during current fiscal: FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said the country's economic growth is expected at 9.2% in the current financial year, on the back of a sharp rebound in the economy

FM Nirmala Sitharaman presents Union Budget 2022 in Parliament

The Union Budget 2022 will be presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on February 1. Given the current economic situation, the expectations from the Budget are high and the focus will be on job creation.

Budget for world's fastest growing economy: Key numbers to be watched

The Budget is widely expected to boost spending towards policies that create jobs, boost manufacturing, helping rural and agri-economy and infrastructure creation

Budget 2022: US firms look at tax parity, transparency, predictability

American companies having a foothold in India and those planning to expand their business in the fastest growing economy of the world expect tax parity in the annual budget.

Budget 2022 likely to step up spending to bolster economic growth

India is likely to step up spending on infrastructure, health services and social programmes in its annual budget on Tuesday.

Budget 2022: India to lay out plan to keep world's fastest recovery going

Finance Minister Nirmala Sitharaman is expected to channel more spending toward policies that create jobs, boost manufacturing and also benefit the poor

Top headlines: Wealth tax on super rich, weak rural demand, and more

Business Standard brings you the top headlines on Tuesday morning

FM Nirmala Sitharaman to boost budget spending to support eco growth

Finance Minister Nirmala Sitharaman is likely to strike a fine balance between being fiscally prudent and growth supportive when she presents her fourth straight budget on Tuesday

Economic Survey forecasts 8%-8.5% GDP growth for FY23 ahead of Budget

Govt finances to witness consolidation in 2021-22, after uptick in deficit and debt indicators during pandemic year FY21, says Eco Survey

Budget 2022 likely to boost spending with near-record debt, hold tax rates

Finance Minister will probably increase the budget by about 14% year-on-year to Rs 39.6 trillion in the fiscal year beginning April.

Budget 2022 may be work of restoration, but challenges for FM no less steep

Touch services like hospitality, leisure, tourism in desperate need of support

What is Expenditure Budget?

When FM Nirmala Sitharaman presents the Budget tomorrow, the focus will be on a document that shows total expenditure of the govt. It is classified as Expenditure Budget. This report tells about it