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    1. Business News
    2. About
    3. budget 2022

    Page 11 of Budget 2022

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    Parle Products Senior Category Head Mayank Shah said increase in allocation of MSP is also going to have an impact on inflation. (File)
    Union Budget 2022: Higher MSP allocation to drive consumption in rural markets, say FMCG makers

    ITC Chairman Sanjiv Puri said the budget has “path-breaking measures” and addresses key issues of livelihood generation, enhancing farmer incomes.

    February 1, 2022 18:58 IST
    The GDP growth and inflation indicated in the Economic Survey would suggest a nominal GDP growth north of 12-13 per cent.
    Union Budget 2022: Rise in capex bodes well for economic activity, job creation, says Sundaram Finance

    The support to MSMEs through an extension of the ECLGS till March 2023 would help recover from the fallout of…

    February 1, 2022 18:38 IST
    LIC-owned IDBI Bank's chief executive Rakesh Sharma said this is a growth-oriented budget that focuses on the infrastructure sector with measures on roads, railways and logistics sectors and also welcomed the measures to extend the emergency credit line guarantee scheme and expansion of the credit guarantee trust for micro and small enterprises.
    Budget 2022 growth-oriented, follows familiar strategy of driving Capex to fuel growth: Bankers

    Ashish Singhal, managing director of SVC Bank, a cooperative lender, said the proposal to reduce the minimum alternative tax for…

    February 1, 2022 18:35 IST
    Union Budget 2022, Budget 2022
    Union Budget: With 9.2 pc growth in FY22, economy to recover 101.3 pc of pre-pandemic FY20 output

    “With this, the economy stands to recover 101.3 per cent of the pre-pandemic output of 2019-20,” the Budget documents said.

    February 1, 2022 18:20 IST
    ‘Bull-headed obduracy’: P Chidambaram slams Modi govt’s ‘capitalist’ Budget, says reference to ‘Amrit Kaal’ a mockery of poor and deprived

    P Chidambaram said that the government is in a false state of belief that it has delivered on the issues…

    February 1, 2022 18:19 IST
    The budget for central sector schemes was allocated Rs 969.50 in 2022-23, a drop from Rs 1,395 crore in 2021-22.
    Union Budget 2022: Social Justice and Empowerment Ministry allocated Rs 13,134 crore

    The National Program for the Welfare of Persons with Disabilities was allocated Rs 635 crore in 2022-23. In 2021-22, an…

    February 1, 2022 18:18 IST
    Union Budget for Delhi Metro
    Union Budget 2022-23: Know what is allocated for DMRC and other metro systems by FM

    In recent years, the Finance Ministry had provided a Budget for all Metro Projects in the country instead of the…

    February 1, 2022 18:17 IST
    Union Budget 2022 fails to cheer bond market participants; carry advantage in fixed income huge

    ‘Capital expenditure was increased to Rs7.5 trn in FY23 which could mean additional borrowing for the current FY. This, to…

    February 1, 2022 18:04 IST
    Union Budget 2022, Budget 2022
    Union Budget: Allocation to coal ministry dips 39 pc to Rs 393 cr in 2022-23

    According to Budget documents, the expenditure for financial year 2021-22 was at Rs 534.88 crore.

    February 1, 2022 17:58 IST
    However, he stated that the devil is always in the detail, and the success of the measures taken will depend on the government's ability to focus on the implementation.
    Union Budget 2022 ‘growth-oriented’, devoid of populism: India Inc

    Hinduja Group Co-Chairman Gopichand Hinduja termed the Budget as a great attempt by the finance minister to lay the economic…

    February 1, 2022 17:52 IST
    Air India was taken over by Tata Group firm Talace Pvt Ltd on January 27. (File/PTI)
    Union Budget 2022: Centre allocates Rs 9,259 crore to special purpose vehicle AIAHL

    Sitharaman said that towards implementation of the new Public Sector Enterprise policy, the strategic transfer of ownership of Air India…

    February 1, 2022 17:51 IST
    Earlier, Finance Minister Nirmala Sitharaman in her Budget Speech on Tuesday said the PM Gati Shakti National Master Plan is a transformative approach for economic growth and sustainable development and is driven by seven engines including roads, railways, airports, ports, mass transport, waterways and logistics infrastructure.
    IndiGo terms Budget 2022 as ‘growth-oriented’, expects cut in excise duty on jet fuel

    “We expect the Budget would enable India to achieve a growth estimate of 9.2 per cent,” he said.

    February 1, 2022 17:44 IST
    In the first phase, the scheme was implemented in 200 most backward districts with effect from February 2, 2006.
    Union Budget 2022: Centre allocates Rs 73,000 crore to MGNREGA, 25.51% lower than 2021-22 revised estimate

    Finance Minister Nirmala Sitharaman had allocated Rs 73,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Programme in last…

    February 1, 2022 17:43 IST
    The budget allocation for central sector schemes and projects has been increased from Rs 10,566 crore to Rs 15,163 crore.
    Union Budget 2022: Health sector allocation up 16%, new programme for mental wellbeing announced

    For the National Health Mission, the budget allocation increased from Rs 36576 crore in 2021-22 to Rs 37,000 crore in…

    February 1, 2022 17:35 IST
    Due to its special properties, it can handle high temperatures, and magnesia and alumina are the key raw materials required to produce it.
    Budget 2022: Push to infrastructure to have multiplier effect on steel, cement sectors, says IRMA

    This is likely to have a multiplier effect on the core sector industries like steel and cement, and in turn…

    February 1, 2022 17:32 IST
    MD & CEO of Indian Bank Shanti Lal Jain called the union budget a growth oriented budget against the backdrop of the pandemic.
    Union Budget 2022 seeks to support economic growth momentum, say bankers

    The mostly unchanged direct tax regime will give stability to tax environment and showed that the economy is on the…

    February 1, 2022 17:31 IST
    During the current financial year alone, the RBI has paid a dividend of Rs 99,122 crore. This dividend payout was for the financial year 2020-21 paid in May last year.
    Union Budget 2022: Govt expects 27% lower dividend at Rs 74,000 cr from RBI and banks in FY’23

    In absolute term, this is nearly 27,400 crore lower than the Revised Estimates (RE) of Rs 1,01,353 crore under the…

    February 1, 2022 17:28 IST
    Union Budget 2022, Budget 2022
    Budget 2022: Govt revokes anti-dumping duties on certain steel products

    “Certain anti-dumping and CVD on stainless steel and coated steel flat products, bars of alloy steel and high-speed steel are…

    February 1, 2022 17:24 IST
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