The Indian economy is staging a gradual recovery, but the environment - both local and global - remains challenging given the upside risks to inflation
In terms of sector focus, the Budget has primarily focused on agri and MSME
If the sector goes sick due to lack of support, it will affect everyone as they provide material to almost all other sectors
The government seems to be determined to change the shape of recovery from K; it wants all to join the party in the world's fastest-growing economy.
The fiscal deficit for FY23 has been projected at 6.4 per cent of GDP - a consolidation - but in absolute terms, the deficit is higher than FY22.
While retail inflation is for the moment within the Reserve Bank of India's target Range, the risk of a burst of inflation cannot be ignored
The Finance Minister hit the right chord by presenting a Budget that focuses on growth for tomorrow's India
The country's exports rose by 23.69 per cent to 34.06 billion in January on healthy performance by engineering, petroleum and gems and jewellery segments
The FM has announced that digital rupee - using blockchain technology - will be introduced by RBI in 2022-23
The Social Justice and Empowerment Ministry, which caters to the welfare of the backward classes and those with disabilities, was allocated Rs 13,134 crore in the Union Budget 2022-23, a 12 percent increase from the last fiscal. An amount of Rs 11,922 crore has been allocated for the Department of Social Justice and Empowerment and Rs Rs 1212 crore for the Department of Empowerment of Persons with Disabilities in the financial year 2022-23. The Budget for 2022-23 saw an allocation of Rs 56 crore for the three national commissions -- National Commission for Scheduled Castes, National Commission for Backward Classes and National Commission for Safai Karamcharis, as against the allocation of Rs 49 crore for 2021-22. However, certain crucial schemes of the ministry like the Support for Marginalized Individuals for Livelihood & Enterprise (SMILE), Scheme for Economic Empowerment of DNT/NT/SNTs (SEED), Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi (PM DAKSH) Yojana and Self ...
Union Budget 2022 seems to be a visionary and simplified budget showcasing the long term focus of the government to take India @75 to India@100
It has been an extremely pragmatic Union Budget 2022-23 trying to create the right ecosystem for putting the Indian economy on a high growth
Reduction in surcharge (capped at 15 per cent) on long term capital gains - is positive from financial markets
The thrust of the Budget has been in infrastructure modernisation, says U R Bhat.
This year, the Union Budget will be delivered in paperless form for the second time, unlike the traditional 'bahi-khata' form
The immediate policy measure was to support the vulnerable sections of society
Economic Survey stresses on making policy decisions based on changing economic realities
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The economy is likely to grow at 8-8.5% in FY2022-23 and India is geared up to face the challenges posed by pandemic, the Economic Survey tabled yesterday said. Let's analyse this yearly report card