The forthcoming Budget, if it wants to rekindle growth on a sustained basis, must leave far more income in the hands of the rich and well-off than it does now
At a meeting of the finance ministers of G-20, she said further efforts should be made by members of the grouping to end the Covid-19 crisis.
Govt will need to work on a consolidation plan
Critics may say it's postponing the inevitable, but considering the pros and cons, this is par for the course and the best part of Atmanirbhar Bharat 3.0 package
While developers hail FM's announcement, they want the govt to exempt the entire interest paid on housing loan from income tax
The government is hoping that the green shoots visible in high-frequency data will further translate into a GDP uplift. And the latest measures - pragmatic and specific - will aid that
This stimulus comprises production-linked incentives approved by the Cabinet on Wednesday for as many as 10 sectors
From Rs 1.2-trn stimulus package to boost growth, create jobs to private equity players hoping to better 2019 investments, here are top headlines this morning
Here's a selection of Business Standard opinion pieces for the day
Apart from that, Rs 10,200 crore will be given as direct support for infrastructure creation
The fresh stimulus package should help boost sentiment
The measures that also include an additional fertiliser subsidy and the already announced production-linked incentive scheme for manufacturing units, totalled Rs 2.65 trillion
So far, 811 export contracts, aggregating to $10.50 billion are being financed under LoCs
The grant does not cover the actual cost of vaccine and distribution expenses
FM Nirmala Sitharaman provided updates on status of previous announcements under Atmanirbhar Bharat initiative while annoncing new measures under its third instalment
An additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana
This is over and above Rs 8,000 crore already provided this year
FM Nirmala Sitharaman is addressing the media. The govt has stimulus packages, as a part of Atmanirbhar Bharat 3.0, just a few days ahead of Diwali
Sop available in the case of both, new hires and those who lost their jobs to Covid; Atmanirbhar Bharat Rozgar Yojana will benefit workers with wages up to Rs 15,000
The government yesterday approved a Production-Linked Incentive (PLI) scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 trillion over a five-year period. The scheme will help encourage domestic manufacturing, reduce imports and generate employment as the government works to bolster economic growth. The financial outlay for the new scheme will be Rs 1,45,980 crore.