Page 19 of budget

Permit requirement for electric vehicles has been removed, it added. (File)

Nearly 100 cities see improved air quality as govt takes steps to check pollution, says Economic Survey

About 86 per cent of fund has been allocated for demand incentive so as to create demand for electric vehicles…

January 31, 2022 18:27 IST

The government has budgeted fiscal deficit at 6.8 per cent of GDP in current fiscal ending March 2022. (File)

Economic Survey 2022: Rebound in tax mop up, govt’s agile fiscal approach make headroom for more fiscal support

With the revival of the economy, the Goods and Services Tax (GST) has emerged as a buoyant source of revenue…

January 31, 2022 18:10 IST

The NRP lays down the road map for capacity expansion of the railway network by 2030 to cater to growth up to 2050. (File)

Economic Survey 2022: Railways to see jump in allocation

The economy had contracted by 7.3 per cent in 2020-21 on account of impact of Covid and subsequent nationwide lockdowns…

January 31, 2022 17:54 IST

The government has specified that a SEZ unit facing domestic market will behave like a DTA entity whereas a SEZ unit facing international market will behave as a SEZ unit. (Representative image)

Budget may overhaul SEZ regulation

From easing selling to DTA buyers to introducing more support for zone developers, there is room for significant change.

January 31, 2022 17:44 IST

In April-November 2021, nearly 221 lakh individual demat accounts were added, the Economic Survey for 2021-22 noted. (File)

Economic Survey 2022: Retail participation in equity market rises on buoyant stock market

Market experts said that on an average, 4 lakh new demat accounts were opened every month in 2019-20, which increased…

January 31, 2022 17:33 IST

The Survey also stated that the bank credit growth stands at 9.2 per cent as of 31st December 2021. (File)

Economic Survey 2022: Banks weather economic shock of pandemic so far

Total net profit of PSBs increased from Rs 14,688 crore during the first half of 2020-21 to Rs 31,144 crore…

January 31, 2022 17:27 IST

Unlike growth, which is linear, capacity grows in surges (sawtooth curve) depending on project completion timelines. (File)

Economic Survey 2022: Next 10 years to see very high level of capex in railway sector

Post 2014, a conscious effort was made to improve the railway sector by substantially increasing the capex, according to Economic…

January 31, 2022 17:21 IST

The committee had recommended the adoption of the UNCITRAL with certain modifications to make it suitable to the Indian context. (File)

Economic Survey 2022 underlines need for standardised framework for cross border insolvency

The Insolvency & Bankruptcy Code (IBC) does not allow for automatic recognition of any insolvency proceedings in other countries.

January 31, 2022 17:15 IST

Now, 91.9 per cent of the total number of enrolled children have textbooks for their current grade. (Representative image)

Economic Survey 2022: Rural children enrolment in schools declines during pandemic

Children from poorer sections faced issues such as non-availability of smartphones, non-availability of a phone for children to use and…

January 31, 2022 17:09 IST

Union Budget 2022: Fintech industry hopes for incentives to push financial inclusion

Shruti Aggarwal, Co-founder, Stashfin, said the financial empowerment of women also leads to her family being financially empowered.

January 29, 2022 16:47 IST

Subbarao also opined that experience shows export promotion behind protectionist walls is seldom competitive, so there is a case for reducing the tariffs. (File)

Budget 2022 should focus on bridging widened inequality in economy, creating jobs, says former RBI Governor D Subbarao

The former RBI Governor pointed out that jobs have been lost because of the shift in activity from the labour-intensive…

Updated: January 27, 2022 17:10 IST

Union Budget 2022: Two-thirds Indians expect Centre to increase health care allocation, 53% want higher tax deductions

The survey maps consumer sentiment and expectations ahead of what many expect to be a crucial period for the turnaround…

January 27, 2022 11:38 IST

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Budget 2022 expectations: Will FM Nirmala Sitharaman provide much-needed booster shot to Ayurveda Industry?

Ayurveda has been providing holistic solutions to ailments, physical and mental, for ages, but notable progress on the science has…

January 26, 2022 19:09 IST

Focus on manufacturing would be crucial for enhancing the longer-term sustainability of economic growth and job creation.

A budget fillip for Make-in-India

The thrust on manufacturing needs to be supported by exchange rate management.

January 26, 2022 05:15 IST

‘Union Budget expected to focus on quality growth over consolidation’

While the government has always shown its intent and policy focus towards infrastructure development, financing the same has remained a…

January 26, 2022 03:10 IST

Budget 2022: Pharma industry seeks enhanced funds for healthcare sector, ease of doing business

The need of the hour is to allocate funds and introduce targeted skilling and medical education programmes which can address…

January 23, 2022 13:45 IST

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How to cut down your expenses and reduce debt in New Year

Housing is one of the most important expenses for a majority of us. Hence, those going on a strict financial…

January 10, 2022 12:23 IST

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‘We just have moments on occasion’: Trump defends US-India ties amid trade dispute

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US President Donald Trump assured that the relationship between India and the United States is special and there is no need to worry about occasional disagreements. However, he expressed disappointment over India’s purchase of Russian oil and high tariffs.

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