Page 18 of budget

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

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

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 2016-17 fiscal, the farm credit disbursed stood at Rs 10.65 lakh crore, Verma added.

Union Budget 2022: Govt raises farm credit target to Rs 18 lakh crore for FY23

The government is providing a 2 per cent interest subsidy to ensure farmers get short-term farm loans of up to…

February 1, 2022 17:23 IST

The articulation of the Economic Survey 2021-22 that India’s emphasis on supply-side reforms for recovery rather than a total reliance on demand management is somewhat misplaced.

Expert Speak: Survey chronicles economic health but silent on reforms

The Economic Survey 2021-22, like other economic surveys of the past, provides a good account of economic health of the…

February 1, 2022 06:30 IST

The Survey also cautions the government against ‘knee-jerk’ reactions to price rise of essential commodities like pulses and edible oils.

Boosting farmers’ income: ‘Tweak crop pattern, avoid import policy flip-flops’

The Survey states the shift in cultivation pattern towards pulses would also enable the government to maintain realistic buffer stocks…

February 1, 2022 05:40 IST

The first wave was largely an urban phenomenon; but the second wave impacted the rural areas as well.

Bharat Blues: An alarming trend in rural wages

Covid-19 has worsened the trend of poor growth in rural farm & non-farm wages seen during FY16-20; meanwhile, the share…

February 1, 2022 05:15 IST

The fact is there is going to be little room for the government to be able to provide a big fiscal impulse.

Govt can’t do the heavy lifting on recovery alone, but the environment for business needs to get easier

It must make the environment friendly so as to enthuse the private sector to invest.

February 1, 2022 05:00 IST

The Survey acknowledges downside risks to the economy in the next fiscal. (Reuters)

‘Taper without tantrum; external headwinds to be overcome’

External trade rebounded strongly after a pandemic-induced slump in FY21 (exports until December jumped almost 40% from the pre-pandemic level).

February 1, 2022 04:45 IST

According to the world container index, the freight for 40-feet container shot up from just $1,525 after the pandemic to as much as $9,698 as of January 1.

Supply-side reforms to yield rich post-Covid dividends: Survey

The Survey also advised against knee-jerk reactions to price rise of essential commodities through frequent import duty/tariff revisions to provide…

February 1, 2022 02:30 IST

Market participants observe that the massive structural change in retail flows often cushions the exodus of FPIs from the Indian equity markets.

Retail participation in stocks remains strong

A buoyant stock market has been attracting new investors, with nearly 221 lakh individual demat accounts being added between April…

February 1, 2022 02:15 IST

The move is in step with a plan to revert to the path of fiscal consolidation without any lapse of time.

Land monetisation: SPV to be set up soon, CPSEs identify large parcels

Monetisation of non-core assets envisages unlocking of value of these thus far unutilised or underutilised assets and generate returns on…

February 1, 2022 01:45 IST

The demand for MG-NREGS employment has been higher for migrant recipient states like Punjab, Maharashtra, Karnataka and Tamil Nadu for most months in 2021 over 2020.

Demand for MG-NREGS work less in poorer states: Survey

While West Bengal got nearly 14 lakh such workers back, the number was just 72,000 for Tamil Nadu.

February 1, 2022 01:35 IST

The benchmark stock market indices in India - Sensex and Nifty-50 - increased by 17.7 per cent and 18.1 per cent, respectively. (File)

Economic Survey 2022: India outperforms emerging market peers in April-December 2021

Among the select developed markets, S&P 500 index and NASDAQ Composite index recorded strong gains and rose by 20.0 per…

January 31, 2022 19:04 IST

The Economic Survey 2021-22 expects the economy to grow by 9.2 per cent during the current financial year, indicating a recovery to the pre-pandemic level. (File/PTI)

Time for contrition and change, not boasts and no change: Chidambaram on Economic Survey

Chidambaram said the Economic Survey repeats “ad nauseum” that at the end of 2021-22, the economy would have recovered to…

January 31, 2022 18:59 IST

Currently, there are no particular regulations or any ban on use of cryptocurrency in the country. (File/Reuters)

Budget 2022: Govt to take balanced view on cryptocurrency, says Principal Economic Adviser Sanjeev Sanyal

The Reserve Bank has also highlighted various issues, including financial stability impact of such virtual currencies.

January 31, 2022 18:54 IST

It is unclear if Sitharaman will tinker with income tax rates but there is an expectation that the exemption limit of Rs 2.5 lakh will be raised. (File)

Finance Minister Nirmala Sitharaman to boost budget spending to support economic growth

The Budget for the fiscal year starting April 1, 2022 is likely to raise spending on infrastructure to set the…

January 31, 2022 18:49 IST

Economic Survey 2022: Different indicators on employment bounce back after dipping in April-June 2020

The Economic Survey also analyses trends in urban employment using Employees Provident Funds Organisation (EPFO) payroll data.

January 31, 2022 18:33 IST

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