Page 23 - Indian Economy

Costlier oil and subsidy fall likely to hit consumption in FY23

A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22

Optimistic scenario: Can growth take care of all the economy's problems?

If the government thinks growth is the solution, can it be delivered in a slowing world with rising rates - within the domestic context of slower growth even before the pandemic, asks T N Ninan

Budget 2022-23 'thoughtful' policy agenda for India: IMF MD Georgieva

The Union budget puts a great deal of emphasis on innovation in research and development on human capital investment and digitalisatio, Managing Director of IMF Kristalina Georgieva has said.

Union Budget 2022: How the India's social sector gets short shrift

Government allocations on health and education do not meet its targets and consistently fall short in terms of actual spending

Want to push new exemption-less tax regimes further: Revenue Secretary

'This year we should have got Rs 60,000-80,000 crore as capital gains tax', said Tarun Bajaj

Budget 2022-23: Gross borrowing likely to fall Rs 63.5K crore in FY23

The massive borrowing plan announced by the government in the FY23 Union Budget may get trimmed by Rs 63,500 crore.

From 130 to 70, centrally sponsored schemes down by almost 50%

States have been asking for more flexibility in implementing the schemes while reducing their proliferation

Budget with BS, Ep 13: Business Standard editors read the Budget fine print

A quick report card of govt's infra asset monetisation initiative

While govt has earned about 16% road and power transmission assets against an expected run rate of Rs 88,190 cr in FY22, progress in most other areas has been slow

Social sector: The focus of Budget 2022 is on effective implementation

The government has continued with earlier policies, schemes and extent of outlays, without attempting radical shifts or transformations

Higher public investment to stimulate demand, generate jobs: DEA Secretary

The Budget proposals seek to stimulate the economy by stepping up public investments, which will create demand for industrial inputs and generate jobs, Economic Affairs Secretary Ajay Seth said.

Budget lays foundation for growth in next 25 years, says Niti Aayog VC

Niti Aayog Vice-Chairman Rajiv Kumar on Wednesday said the government is taking all possible measures to ignite private investments, which will be the best bet to pull the economy out of the shadows

51 projects sanctioned under Trade Infra for Export Scheme till Jan-end

As many as 51 projects have been sanctioned under the Trade Infrastructure for Export Scheme (TIES) till the end of January and out of that, 13 projects are already completed, Parliament was informed

A different election Budget

We must also acknowledge a certain middle class approach this government takes to managing the economy

Ready Reckoner: FM Sitharaman's fourth Budget places emphasis on growth

Indirect taxes shall rise 5.5 per cent, on the back of a 15.6 per cent increase in spending in FY23

Budget 2022: Expect new SEZ legislation in 4-6 months, says Piyush Goyal

Gati Shakti is an enabler and not an added impediment for infrastructure projects in the country, Union Commerce and Industry Minister Piyush Goyal said

The future is not tense: It was a unique Budget in many ways

The Union Budget 2022 was another decisive step towards reforms and inclusive development

Union Budget 2022: Rs 9,259-crore outlay for Air India debt

Finance Minister Nirmala Sitharaman said the revised estimate of capital expenditure for this fiscal is Rs 6.03 lakh crore

Union Budget 2022: Public investment to crowd-in the private

Sitharaman said capital investment holds the key to speedy and sustained economic revival

Union Budget 2022: The capex push, says India Ratings' Devendra Kumar Pant

The philosophy appears to be addressing the unemployment issue through increased capex, which will have a multiplier impact on the economy