Govt can approach the Budget 2021 with an aim to rebuild the economy to attain the long-term objective of sustained higher growth
It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs
The Finance Ministry said it has released Rs 12,351 crore to 18 states for providing grants to the rural local bodies
In today's episode, we are taking a look at the key officials involved in finalising the outline of the Budget. Listen to the podcast for more
A liberal budget that cuts taxes and tries to improve ease of doing business will receive a good market response. A harsh Budget with higher taxes, new cesses, etc, will lead to a sell-off
Finance minister Nirmala Sitharaman will unveil the Budget for 2021-22 on February 1.
The relative underperformance of PSU shares in the market reflects all that is wrong with the current ownership and governance structure
With the aim of doubling farmers' income by 2022, the government is likely to raise farm credit target to about Rs 19 lakh crore in Budget 2021-22 to be presented on February 1, according to sources. For the current fiscal, the government has set a farm credit target of Rs 15 lakh crore. The government has been increasing the credit target for the farm sector every year and this time too, the target is likely to be increased to around Rs 19 lakh crore for the 2021-22, sources said. "Non-banking finance companies (NBFCs) and co-operatives are active in the agriculture credit space. The Nabard refinance scheme will be further expanded. Agriculture credit target for the year 2020-21 has been set up at Rs 15 lakh crore," Finance Minister Nirmala Sitharaman had said while announcing the Budget 2020-21. The agricultural credit flow has increased consistently over the years, exceeding the target set for each fiscal. For instance, credit worth Rs 11.68 lakh crore was given to farmers in ..
Successive Indian governments have tried to do what they can't: target economic growth and equitable distribution simultaneously
The auto industry hopes it will assist them in recovering from the pandemic-induced economic shock
Budget may resolve issues related to administration
HAL chairman Madhavan said that Tejas Mark 1A jet has superior performance levels compared to China's JF-17 combat aircraft as it has better engine, radar system and electronic warfare suit
Move to merge may erode BSNL value, say officials
Finance Minister Sitharaman, Minister of State for Finance Anurag Thakur and senior officials of the finance ministry participated in the symbolic ceremony
In a letter to Nirmala Sitharaman, West Bengal finance minister Amt Mitra suggested the Centre follow Keynesian economics at this juncture instead of Say's law
Expecting the Budget, to be tabled on February 1, to focus on boosting aggregate demand, expenditure reprioritisation and mobilising higher non-tax revenue, Sinha lists the following priorities
Growth and not fiscal prudence, experts say, should be the priority for the government now
Quality of expenditure shouldn't be compromised
Here's a selection of Business Standard opinion pieces for the day
The record for the longest Budget speech - 160 minutes -is held by Finance Minister Nirmala Sitharaman