Page 10 of Budget 2022

Budget 2022 | Laying the roadmap towards India@100: Nitya Sharma, CEO & co-founder, Simpl

The Emergency Credit Line Guarantee Scheme (ECLGS) has provided timely credit to more than 130 lakh MSMEs and helped them…

Updated: February 2, 2022 10:03 IST

The scheme was initially allocated Rs 4,500 crore.

Union Budget 2022: Solar PLI scheme corpus grows over five times to Rs 19,500 crore

The government recently shortlisted three beneficiaries, based on the initial allocation of Rs 4,500 crore.

February 2, 2022 02:05 IST

Union Budget can lead to more jobs, better healthcare: Saugata Gupta, CEO, Marico

The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery.

Updated: February 2, 2022 11:10 IST

The additional credit limit of Rs 50,000 crore of the stepped-up Emergency Credit Line Guarantee Scheme (ECLGS), however, has to be used to bolster healthcare infrastructure by lending only to hospitality and related enterprises, finance minister Nirmala Sitharaman declared.

Budget 2022: Key loan scheme for MSMEs fortified, limit hiked to Rs 5L cr

Similarly, through the CGTMSE, the government will offer guarantee to catalyse the flow of institutional credit to these small businesses…

February 2, 2022 01:45 IST

Similarly, concessional rates in capital goods and project imports will be abolished gradually and a moderate tariff of 7.5% will be imposed.

Union Budget 2022: Big thrust to spur large-scale domestic manufacturing

Goyal asserted that the new law, proposed in the Budget, will help develop these SEZs into large swathes of plug-and-play…

February 2, 2022 01:30 IST

Union Budget 2022-23: LPG subsidy pegged at Rs 4,000 crore

The government had withdrawn the LPG subsidy since May 2020.

February 2, 2022 01:25 IST

Budget 2022 focuses on futuristic growth: Vidit Aatrey, CEO, Meesho

Stepping up capex to Rs7.5 lakh crore in the next fiscal will percolate down to the real engines of our…

Updated: February 2, 2022 10:00 IST

The finance minister (FM) outlined a Budget that gave clarity on India’s digital path forward — India to get 5G by 2023, optical fibre in 100% of the villages by 2025, a push has been given to electric vehicle infrastructure, launch of e-passports, adoption of drones in farming activities, and e-university, among others.

A green Budget for long-term strong growth: Sumant Sinha, CEO, ReNew Power

Reflecting the government’s — and the country’s — digital focus, the FM read out a paperless Budget for the second…

Updated: February 2, 2022 11:12 IST

Budget 2022 lays the blueprint for India@100: Pawan Munjal, Chairman & CEO, Hero MotoCorp

With India’s growth estimated to be at 9.2% – the highest among large economies – the country is now in…

Updated: February 2, 2022 11:13 IST

Budget 2022 an encouraging step towards enabling financial inclusion: Alok Mittal, Cofounder & CEO, Indifi Technologies

Apart from this, linking and widening the scope of MSME portals is a meritorious exercise, especially since small businesses are…

Updated: February 2, 2022 11:14 IST

Budget 2022 paving the way for progressive development of India: Gaurav Karnik, Tax Partner, EY India

There was a significant expectation that the Budget 2022 would provide significant tax reliefs alongwith major reforms but the same…

Updated: February 2, 2022 11:15 IST

In September 2019, the government had announced the new tax regime to promote local manufacturing.

Union Budget 2022: A bid to boost pvt investment

Deadline to start manufacturing to avail concessional tax rate extended by a year to Mar 2024

February 2, 2022 00:15 IST

5G spectrum auctions, design-led manufacturing scheme on the cards

The telecom equipment PLI has an outlay of Rs 12,195 crore, but since Rs 4,000 crore-Rs 4,500 crore is not…

February 2, 2022 00:05 IST

‘5G will be transformational force for Indian society, key to all-inclusive development’

5G will bring hundreds of Megabits—even Gigabits—at low latency, speeds that can potentially change the way most—if not all—industries work,…

Updated: February 2, 2022 10:31 IST

Union Budget 2022: Industry leaders react

Budget 2022: HDFC Ltd Chairman Deepak Parekh, Biocon Ltd & Biocon Biologics Ltd Executive Chairperson Kiran Mazumdar-Shaw, Naushad Forbes, co-chairman,…

Updated: February 2, 2022 12:59 IST

The Government has extended the period of eligibility for start-up taxation by one year, to March 2023, and this is a good step.

The Budget provides a boost to alternative investment funds industry

Funding India’s start-up eco-system and the nex-tgen entrepreneurs is the best way to make sure that “new India” becomes a…

February 1, 2022 20:20 IST

Over a period of nine years, there has been a hike in defence budget totalling almost 76 per cent.

Defence Budget Allocation: Here’s everything you need to know

There has been slight increase in the defence allocation for the next fiscal and the focus is on pushing the…

February 1, 2022 19:30 IST

‘Just because you want to put on Twitter…’: FM Nirmala Sitharaman says Rahul Gandhi should ‘understand’ Budget before commenting

Congress leader Rahul Gandhi has termed Budget 2022 as a ‘Zero-Sum Budget’.

February 1, 2022 19:10 IST

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‘Don’t fly IndiGo…they loot’: Passengers slam carrier after over 130 flights cancelled

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Passengers across India were left frustrated and angry on Wednesday as Indigo cancelled more than 100 flights and delayed many others. Airports like Mumbai, Bengaluru, and Pune saw long queues and chaotic scenes.

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Prime Minister Narendra Modi during the inauguration of Phase 1 of the Navi Mumbai International Airport (NMIA). (Image Source: Express and Agencies)

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Page 10 of Budget 2022

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