Page 54 - Latest Updates on Nirmala Sitharaman
Budget 2021: Nirmala Sitharaman to table Economic Survey 2020-21 today
he Economic Survey is authored by Chief Economic Adviser (CEA) Krishnamurthy Subramanian and his team. In his first Survey in 2019, Subramanian had set an agenda of achieving 8% sustained GDP growth
 "Budget 2021: Nirmala Sitharaman to table Economic Survey 2020-21 today")
Any new tax in budget could hurt India's recovery, warn economists
A so-called Covid cess shouldn't be announced because the economy is still normalising after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday
 "Any new tax in budget could hurt India's recovery, warn economists")
High stakes as India vows to present a Budget like 'never before'
Total spending plan for next fiscal may surpass last year's Rs 30.4 trn, with focus likely on expanding a jobs guarantee program to cities and increasing allocation on education, housing, and health
 "High stakes as India vows to present a Budget like 'never before'")
Budget 2021 to be a tougher balancing act than India's other annual Budgets
A combination of stepped-up social spending - including on long-neglected healthcare - and a state-led infrastructure push will make the recovery both durable and inclusive
 "Budget 2021 to be a tougher balancing act than India's other annual Budgets")
Why India should honour the $1.2 bn arbitration award in Cairn's favour
This year's budget is due on Monday. All that Finance Minister Sitharaman has to do is to make a provision for the Cairn payment, an insignificant footnote in her $415 billion-plus expenditure plan
 "Why India should honour the $1.2 bn arbitration award in Cairn's favour")
Govt's Budget 2021 aiming to revive economy with limited fiscal headroom
The sources said the government was also likely to project a tax revenue increase of 18-20%, aided by the lower base of the current year and an expected economic turnaround
 "Govt's Budget 2021 aiming to revive economy with limited fiscal headroom")
Budget with a long-term view
Govt can approach the Budget 2021 with an aim to rebuild the economy to attain the long-term objective of sustained higher growth
Five things the market will be watching in FM Sitharaman's third Budget
It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs
 "Five things the market will be watching in FM Sitharaman's third Budget")
Vital lessons from pandemic for a nation clawing back on to the growth path
While Centre-state cooperation on lockdown and vaccine roll-out are commendable, the fractious GST council meet and states not allowing in CBI could prove to be a spanner
 "Vital lessons from pandemic for a nation clawing back on to the growth path")
FinMin releases Rs 12,351 cr to 18 states for rural local bodies grant
The Finance Ministry said it has released Rs 12,351 crore to 18 states for providing grants to the rural local bodies
 "FinMin releases Rs 12,351 cr to 18 states for rural local bodies grant")
Meet Team Sitharaman: Officials who are helping FM prepare Budget 2021
In today's episode, we are taking a look at the key officials involved in finalising the outline of the Budget. Listen to the podcast for more
 "Meet Team Sitharaman: Officials who are helping FM prepare Budget 2021")
Banking on Budget: Growth, job opportunities to be top priority for the FM
A liberal budget that cuts taxes and tries to improve ease of doing business will receive a good market response. A harsh Budget with higher taxes, new cesses, etc, will lead to a sell-off
Govt may announce steps in Budget to promote e-commerce exports, imports
Finance minister Nirmala Sitharaman will unveil the Budget for 2021-22 on February 1.
 "Govt may announce steps in Budget to promote e-commerce exports, imports")
Having your cake and eating it
The relative underperformance of PSU shares in the market reflects all that is wrong with the current ownership and governance structure
Govt may hike agriculture credit target to about Rs 19 trn in Budget
With the aim of doubling farmers' income by 2022, the government is likely to raise farm credit target to about Rs 19 lakh crore in Budget 2021-22 to be presented on February 1, according to sources.
An impossible combination of things that India's Budgets attempt
Successive Indian governments have tried to do what they can't: target economic growth and equitable distribution simultaneously
Budget 2021: Auto industry demands rationalisation of tax, scrappage policy
The auto industry hopes it will assist them in recovering from the pandemic-induced economic shock
 "Budget 2021: Auto industry demands rationalisation of tax, scrappage policy")
Direct tax compliance set to be made easier in upcoming Budget
Budget may resolve issues related to administration
 "Direct tax compliance set to be made easier in upcoming Budget")
Several nations have shown interest in buying Tejas aircraft: HAL chairman
HAL chairman Madhavan said that Tejas Mark 1A jet has superior performance levels compared to China's JF-17 combat aircraft as it has better engine, radar system and electronic warfare suit
 "Several nations have shown interest in buying Tejas aircraft: HAL chairman")
BSNL-MTNL merger shelved as GoM says not feasible; Cabinet to meet soon
Move to merge may erode BSNL value, say officials
 "BSNL-MTNL merger shelved as GoM says not feasible; Cabinet to meet soon")
