Page 15 of Union Budget

Disinvestment fails to take off this fiscal year; govt manages only 10% of target

The government failed to lift its disinvestment plans off the ground this financial year with sale receipts adding up to…

March 15, 2021 16:11 IST

Budget tilted towards supporting growth; FY22 fiscal deficit target of 6.8% realistic: Moody’s

Moody’s said the government’s fiscal deficit for 2020-21 and 2021-22 should be lower than projected, supported by stronger revenue generation…

February 25, 2021 20:02 IST

The numbers in the Budget for FY22 confirm this. The Centre has pegged tax revenue at Rs 22.17 lakh crore in the Budget.

Searching for federal and citizen equity in Budget FY22

After adjusting for cess and non-shareable excise, the states’ share of the divisible pool has been effectively reduced to 30%.…

February 19, 2021 06:45 IST

Thanks to Covid-19, the passenger earnings in FY21, dropped steeply from the budgeted Rs 61,000 crore to a revised estimate of Rs 15,000 crore while the freight business had a slight dip from Rs 1,47,000 crore to Rs 1,24,184 crore.

Indian Railways get Budget booster; Infra allocations lay the ground for privatisation

Availability of funds is no longer an issue, as is evident from Budget FY22 that provides the highest-ever total capital…

February 18, 2021 05:15 IST

Growth stimulating investments with clear road map on fiscal consolidation crucial now: Dr Rangarajan

The difference between the total revenue receipts (both tax and non-tax revenue) and the interest payments gives a good indicator…

Updated: February 16, 2021 22:15 IST

Stressing that the Budget is for Aatmanirbhar Bharat, she said, "attempt made in this Budget is to provide strong stimulus and provide such a stimulus which can bring in that kind of a multiplier effect...".

Budget 2021 provides strong stimulus for long term sustainable growth: FM Sitharaman

Union Budget 2021 India: “We are also looking at medium to long-term sustainable growth which will keep India in that…

February 12, 2021 17:15 IST

Nirmala Sitharaman Finance Minister Lok Sabha Budget Session Parliament

Govt seeks Parliament nod for additional gross expenditure of Rs 6.28 lakh crore

Budget Session of Parliament: The proposals involve net cash outgo of Rs 4.13 lakh crore while the remaining amount will…

February 11, 2021 20:39 IST

However, education being the greatest boon of a socialist welfare state, the government could evaluate the option of a direct benefit transfer to students who need and deserve to get a scholarship to be able to fund their education.

Union Budget FY22: Who pays for financing universities?

Union Budget 2021 India: When universities depend on state finance, their independence and standards suffer

February 8, 2021 04:15 IST

There has been a special focus on improving healthcare and infrastructure across India, with a proposed capital expenditure of more than Rs 7 trn cumulatively, a substantial increase over previous budgets.

Union Budget 2021-22 takeaways: FM has led sector in right direction

Union Budget 2021 India: Through significantly higher outlays for key segments and measures to fund new projects, the Budget has…

February 8, 2021 02:45 IST

Reduction in duty could reduce steel prices by up to 10% in near term: Icra

In her Budget Speech on Monday, Finance Minister Nirmala Sitharaman announced reducing the duty to 7.5 per cent on products…

February 5, 2021 21:40 IST

Taxation of income from such contributions poses a major challenge for such employees in India.

Budget 2021: Retirement account- Relief for NRIs facing double taxation

Union Budget 2021 India: The new Section 89A aims to solve the issue of double taxation on retirement accounts of…

February 5, 2021 01:00 IST

LIC IPO may hit market in Q4 of next fiscal: DEA Secretary

As many as 27 amendments have been pushed through the Finance Bill 2021 tabled by Finance Minister Nirmala Sitharaman on…

February 3, 2021 21:05 IST

Union Budget 2021: Infra spending to push inclusive growth

Union Budget 2021: The support to shipping will pave the way for developing large shipping lines in India to compete with…

February 2, 2021 05:55 IST

Union Budget 2021: Growth-oriented and bold Budget

Union Budget 2021: The creation of a development finance institution to fund the infrastructure needs of the economy and the government’s…

February 2, 2021 05:45 IST

The Railways has been given the highest allocation of Rs 1.1 lakh crore. The Railways had ensured that transportation of goods went on unhindered during the pandemic, and it is expected to chug India forward in 2021.

Union Budget 2021: A step towards Atmanirbhar Bharat

Union Budget 2021: The start-up ecosystem has received several incentives such as easing norms for one-person companies, extension of tax…

February 2, 2021 05:40 IST

Union Budget 2021: Affordable, rental housing push will boost residential demand

Union Budget 2021: With infrastructure being propped up, we can expect better mobility of the masses, what with better public transport…

February 2, 2021 05:35 IST

Access to credit is a key driver to improving productivity as well as asset creation in the sector. With the enhanced credit target of Rs 16.5 lakh crore, there will no shortage of resources.

Budget 2021: The Budget is committed to rural India

Union Budget 2021 India: Addition of 1,000 mandis to e-NAM will help strengthen the transparency in agricultural markets.

February 2, 2021 05:25 IST

For the power sector, the budgetary measures support the ambitious energy transition announced by the Prime Minister, including the renewable energy target of 450 GW by 2030.

Union Budget 2021: Putting renewables and energy sector at the core

Union Budget 2021 India: Monetisation of transmission assets through the InvIT model is a promising move that will help add…

February 2, 2021 05:20 IST

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Not Maharashtra or Karnataka, but this Union Territory tops highest daily wage chart

Jobs and Career28 min ago

India’s economic landscape in 2025 reveals a large gap in daily wages between states and union territories. The average daily wage is Rs 1,077, but industrialized and urbanized states like Delhi, Karnataka, and Maharashtra have an average wage of Rs 1,346 due to their concentration of government offices, financial institutions, and corporate headquarters.

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