Page 46 - Latest Updates on Nirmala Sitharaman
Non-protectionist but non-performing Budget
Budget is good but not good enough to live up to the FM's promise of getting rid of "socialist baggage"
A driver of economic revival
The finance minister must be appreciated for resisting the temptation to increase taxes
Budget 2021: We have spent, we have spent and we have spent, says FM
She also said increased spending and high market borrowings led to a significant widening of the fiscal deficit
 "Budget 2021: We have spent, we have spent and we have spent, says FM")
Investors have little to complain
The government shows its intent to continue with reforms
Budget 2021: It's business as usual
There are several welcome standalone reforms but these do not add up to a coherent strategy to achieve a $5 trillion economy
Budget 2021: FM Sitharaman replaces Swadeshi 'bahi khata' with tablet
Sitharaman walked into the House several minutes before 11 am and placed the tablet on the podium
 "Budget 2021: FM Sitharaman replaces Swadeshi 'bahi khata' with tablet")
Union Budget 2021: Need to move beyond the chant for real effect
What sort of grand policy produces the opposite result of the one that it sought to achieve? What failed and how would this be corrected?
Budget 2021: Nirmala Sitharaman announces launch of Deep Ocean Mission
On Monday, Union Finance Minister Nirmala Sitharaman announced an allocation of over Rs 4,000 crore over the next five years for the Deep Ocean Mission
 "Budget 2021: Nirmala Sitharaman announces launch of Deep Ocean Mission")
Finance Commission keeps tax devolution for states at 41% in FY22
With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias
 "Finance Commission keeps tax devolution for states at 41% in FY22")
'Get well soon' outlay: Health care gets best-ever shot in Budget 2021
Allocation jumps 118% over RE to Rs 2.23 trillion; Rs 35,000 cr earmarked for Covid vaccination
 "'Get well soon' outlay: Health care gets best-ever shot in Budget 2021")
Budget at a glance: Here're the key numbers from Union Budget 2021
A snapshot of the key numbers released by Finance Minister Nirmala Sitharaman in Union Budget 2021
 "Budget at a glance: Here're the key numbers from Union Budget 2021")
Budget creates space for supporting economy: CRISIL MD & CEO Ashu Suyash
The onus was on the government to do the heavy lifting for reviving the investment cycle as a broad-based recovery in private capex is not yet in sight
 "Budget creates space for supporting economy: CRISIL MD & CEO Ashu Suyash")
Revenue expenditure to decline 8.6% in FY22, show Budget documents
Small savings, which will chip in a record Rs 4.8 trillion, breathe life into stimulus
 "Revenue expenditure to decline 8.6% in FY22, show Budget documents")
Budget: Govt pegs FY21 fiscal deficit at 9.5%; sets target at 6.8% for FY22
In FY21, the gap between revenue and expenditure reached Rs 18.48 trillion in the revised estimate. For FY22, the gap is expected to be Rs 15 trillion
 "Budget: Govt pegs FY21 fiscal deficit at 9.5%; sets target at 6.8% for FY22")
Govt takes capital expenditure route to spur growth in Budget 2021
At 15.9%, capex share in total spend for FY22 will be the highest in over a decade
 "Govt takes capital expenditure route to spur growth in Budget 2021")
It's getting better over time: FM cuts Budget speech short this year
There has been less fudging with the revised estimates (RE) of 2020-21.
Union Budget 2021: Govt to privatise two PSBs and one general insurer
The Budget has also laid the road map for overhauling public sector enterprises with the announcement of the broad details of the privatisation policy
 "Union Budget 2021: Govt to privatise two PSBs and one general insurer")
Budget 2021: Govt extends benefits on affordable housing till March 2022
The upper limit is capped at Rs 45 lakh for claiming this deduction.
 "Budget 2021: Govt extends benefits on affordable housing till March 2022")
Ad film director Prahlad Kakar's take on the best, worst things in Budget
Additionally, the consumer will hopefully have more to spend in the short term, which will push up demand
 "Ad film director Prahlad Kakar's take on the best, worst things in Budget")
Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable
Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations
