Page 76 - Budget 2022 News

Budget 2020: Child right bodies seek more funding for healthcare, education

Increase funding for protection, healthcare and education in Budget: Child rights bodies

Bold measures needed in Budget to achieve projected FY21 growth: Experts

Attaining a GDP growth rate of 6 to 6.5 per cent in 2020-21 as projected by the Economic Survey will be challenging, say experts

Apr-Dec fiscal deficit hits 132.4% of budgetary target, at Rs 9.31 trillion

The Central government's total expenditure stood at Rs 21.09 trillion (75.7 per cent of BE) while total receipts were Rs 11.77 trillion (56.6 per cent of BE)

Budget 2020: SBI chairman Rajnish Kumar expects higher infra spending

I am expecting that the budget will be on reviving economic growth, says SBi Chairman Rajnish Kumar

Budget 2020: IT sector for wider use of artificial intelligence in economy

AI is expected to have a huge impact not only in commerce, but also in health, national security, cybersecurity, food security, education and global warming

Budget 2020: PM Modi wants good debates over economic issues

'We all should make sure that in this session, we lay a strong foundation for this decade. This session should be focused mainly on economic issues' he said

President Kovind makes pitch for swadeshi to build 'a better tomorrow'

Protests in parliament against CAA, NRC mar his address

Govt should lean on growth instead of focusing on fiscal deficit: CEA

It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added

'Feel good' Budget may see cut in tax rate, sops for social sectors

To cushion the impact on collections, these tweaks might be accompanied by rationalisation in tax rebates

Realtors expect debt restructuring up to Rs 1 trn, tax sops for homebuyers

He said loans up to Rs 1 trillion are required to be restructured in view of liquidity crunch faced by builders

Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey

With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front

Economic Survey's GDP growth forecast for FY20 wide off projection

It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry

Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan

The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added

Economic Survey: IBC reduces resolution time to 340 days from 4.3 years

The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets

Citizen suffers as wilful defaults take toll on welfare schemes: Eco Survey

According to the Survey, promoters at the helm of defaulting firms pledge almost 50 per cent of their shareholding to lenders on average

Space sector can hit $50 bn by 2024, needs policy support: Antrix-PwC study

Calls for unhindered access to capital for start-ups, govt support in the form of buyback arrangements or schemes to incentivise investors

India must focus on network products to export like China: Economic Survey

Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products

Fiscal deficit hits 132% of estimate till Dec on slow revenue collection

The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020

Economic Survey: New firm creation higher in services sector than mfg, agri

The survey also said that there is a need to invest in ramping up India's statistical infrastructure. It also said that India has made impressive improvements in several social development indicators

Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target

For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects