Page 49 - Budget 2022 News
Major economic legislations to be considered during Budget Session
The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament
 "Major economic legislations to be considered during Budget Session")
LIVE: Delhi Court charges Ex-Haryana CM in disproportionate assets case
CEA Krishnamurthy Subramanian today interacted with industry leaders, a day after presenting Economic Survey 2021. Stay tuned for Latest LIVE news
 "LIVE: Delhi Court charges Ex-Haryana CM in disproportionate assets case")
Govt should spend, increase healthcare allocation: CEA to industry leaders
Speaking on privatisation, Subramanian said disinvestment would happen this year and selling Air India would be a seminal moment that would clearly signal the government's intent
 "Govt should spend, increase healthcare allocation: CEA to industry leaders")
PM Modi to chair all-party meet ahead of Parliament's Budget Session
The government has not shown any inclination towards repealing the farm laws which is the prime demand of the protesting farmers
 "PM Modi to chair all-party meet ahead of Parliament's Budget Session")
Sowing trust: Agri reforms a remedy, not a malady, says Economic Survey
On food management, the Survey advocated increasing the central issue price (CIP) of grains sold through the ration shops to tame burgeoning food subsidy burden.
 "Sowing trust: Agri reforms a remedy, not a malady, says Economic Survey")
Budget to be seen as part of mini budgets of 2020, says PM Narendra Modi
Sitharaman is scheduled to present the Budget in the Lok Sabha on Monday
 "Budget to be seen as part of mini budgets of 2020, says PM Narendra Modi")
Roads, health care consistent priority for govt: Economic Survey
Private participation remains low, the Survey shows
 "Roads, health care consistent priority for govt: Economic Survey")
A call to print more money: Economic Survey sees a 'V-shaped recovery'
Forget fiscal conservatism, turn on the fiscal taps, and ignore debt build-up, says Survey
 "A call to print more money: Economic Survey sees a 'V-shaped recovery'")
Eco Survey bats for sustained, calibrated measures to facilitate recovery
Economic Survey is rich in analysis and comparisons with international data and this makes it an important policy document as has been the case in previous years
 "Eco Survey bats for sustained, calibrated measures to facilitate recovery")
Eco Survey suggests end to forbearance, another asset quality review round
Severely criticises RBI for not being able to unearth full extent of bad debt mess in banks in previous AQR round
 "Eco Survey suggests end to forbearance, another asset quality review round")
Increasing health spend to 3% can halve out-of-pocket expenses: Eco Survey
The survey said the focus must be on building the health care system generally rather than a specific focus on communicable diseases
 "Increasing health spend to 3% can halve out-of-pocket expenses: Eco Survey")
Litigation turning out to be a big hurdle for IBC: Economic Survey
Cites World Bank's Ease of Doing Business report, which said it takes 1,445 days to resolve a commercial contract in India, versus 589.6 days in OECD high income countries, 120 days in Singapore
 "Litigation turning out to be a big hurdle for IBC: Economic Survey")
India's GDP growth rate for 2019-20 revised downwards to 4% from 4.2%
Under the first revision released in January 2020, real GDP or GDP at constant (2011-12) prices for 2018-19 was pegged at Rs 139.81 trillion, showing a growth of 6.1 per cent
 "India's GDP growth rate for 2019-20 revised downwards to 4% from 4.2%")
Budgets, risk, and Knightian uncertainty
Two bad ideas are being propagated so vigorously that, as so many times in the past, good people are considering adopting these bad ideas
Flashbacks: Here're some key facts about Union Budget that will amaze you
From 1955-56, Budget papers began to be printed in Hindi as well.
 "Flashbacks: Here're some key facts about Union Budget that will amaze you")
Budget Byte: Healthy corporate profits may help improve govt spending
Rising corporate profits and relatively unaffected salaries may help continue this trend giving a positive impetus to government spending
 "Budget Byte: Healthy corporate profits may help improve govt spending")
Markets faced corrections due to Covid uncertainty in early FY21: Survey
There were some significant corrections due to COVID-19 induced uncertainty in the beginning of this financial year, however both Nifty-50 and BSE Sensex recovered strongly afterwards, the Survey said
 "Markets faced corrections due to Covid uncertainty in early FY21: Survey")
Economy to witness 'V-shaped' rebound with 11% growth in FY22: Eco Survey
The rebound will follow an estimated 7.7 per cent contraction in the Gross Domestic Product (GDP) in the current financial year ending March 31
 "Economy to witness 'V-shaped' rebound with 11% growth in FY22: Eco Survey")
LIVE: India took 'short-term pain' for long-term economic gain, says CEA
BUDGET SESSION 2021 LIVE UPDATES: Finance Minister Nirmala Sitharaman tabled Economic Survey today. Stay tuned for LIVE updates on Budget session of the Parliament
 "LIVE: India took 'short-term pain' for long-term economic gain, says CEA")
India's debt levels to reduce even in low-growth scenario, says CEA
CEA said growth leads to debt sustainability and even if India were to have real GDP growth rate as low as 3.8% each year from 2022-23 to 2028-29, the country's debt levels will still come down
 "India's debt levels to reduce even in low-growth scenario, says CEA")
