The government received a host of suggestions concerning fiscal policy, taxation and green growth, among others
Finance Minister Nirmala Sitharaman on Wednesday concluded pre-budget consultation meetings for budget 2021-22 held in virtual mode
Here's a selection of Business Standard opinion pieces for the day
To incentivise investments in infrastructure, the Federation of Indian Chambers of Commerce & Industry (Ficci) has sought tax exemptions
Suspension not applicable to defaults committed before March 25, 2020
Govt should not have extended suspension of bankruptcy work
In this second episode of our special video series on Budget, A K Bhattacharya talks about fiscal deficit target, government spending and disinvestment goals
The govt expenditure this year (till October-end) was at roughly the same level as that seen in the same period last year
The government had in May decided to link grant of additional borrowing permission to states with reforms undertaken by them to facilitate ease of doing business
Says India has capacity to produce Covid vaccines for itself and other countries
Finance Minister Nirmala Sitharaman on Friday promised a "never before" like Union Budget as the government looks to steer the pandemic-battered economy and push growth. While investment in health, medical Research & Development (R&D) and developing greater skills to handle telemedicine is going to be critical, livelihood challenges would have to be seen in a newer canvas with newer perspective on vocational training and skill development. "Send me your inputs so that we can see a Budget which is a Budget like never before, in a way. 100 years of India wouldn't have seen a Budget being made post pandemic like this. "And that is not going to be possible unless I get your inputs and wish list, clear observation of what has put you through the challenge... Without that, it is impossible for me to draft something which is going to be that Budget like never before, a Budget which is being made after a pandemic," Sitharaman said while addressing the CII Partnership Summit 2020. The .
Govt officials say health outlay will have to rise significantly not just for vaccine expense but also for creation of supporting infra and distribution channels
Says govt initiated big reforms in agriculture and labour codes
Centre to propose one a year tweaking; states say proposal is not enough, slabs need to be changed, experts call for flexibility to cater to immediate needs
In the wake of the coronavirus pandemic, Budget 2021-22 will be full of challenges. Here are some recommendations for Finance Minister Sitharaman from D K Srivastava, chief policy advisor, EY India
Finance Minister Nirmala Sitharaman said the pace of disinvestment will now gain a lot of momentum, and those which have already found cabinet approval will be taken up with all earnestness
In a meeting, chaired by FM Sitharaman, it noted that a multi-pronged strategy involving relevant stakeholder institutions and departments is required in this regard
Recognising that this is an unusual year, borrowing has been kept at levels so that the government can quickly put the money back in projects, Sitharman said
She also said the pace of disinvestment, which has been hit by the Covid-19 pandemic, will pick up in the coming months
The FSDC is the apex body of sectoral regulators, headed by the finance minister