Page 13 - Union Budget

Road to recovery

Hopeful signs in data, but medium-term outlook uncertain

Reforms are good but can lead to tech terrorism: FM Nirmala Sitharaman

Says Budget shows govt trusts wealth creators, marking directional change

Union Budget sets pace for Aatmanirbhar Bharat, says finance minister in LS

Finance Minister Nirmala Sitharaman on Saturday said the Union Budget 2021-22 has set the pace for India to become Aatmanirbhar

FM Nirmala Sitharaman to reply on Budget discussion in Lok Sabha today

Union finance minister Nirmala Sitharaman will reply to the discussion on the Union Budget in Lok Sabha on Saturday at 10 am.Saturday will also mark the end of the first part of the Budget session of the Parliament.Sitaraman, while replying to the discussion on the Union Budget in Rajya Sabha on Friday, slammed the Opposition and accused them of constantly alleging a false narrative that the government only worked for cronies and said several of the Centre's schemes were for the poor.She reminded members of the Upper House of several schemes that have been implemented for the poorer sections of the country, like the Pradhan Mantri Awas Yojana and the Pradhan Mantri Saubhagya Yojana.She also said the Union Budget 2021-22 is the instrument through which Aatmanirbhar Bharat is to be attained and asserted that the government is also looking at "long term sustainable growth".Finance Minister had presented the Union Budget 2021-22 in the Parliament on February 1.

60% of govt 'spending spree' inevitably goes towards committed outlay

With schemes like MGNREGA and cash support via PM-KISAN given priority in allocation from the remainder, govt is forced to dip into capital receipts from disinvestment and borrow from the market

FM Sitharaman's speech in the Rajya Sabha

Why rising fuel costs should particularly concern state govts, and you

By trimming the part of fuel tax shared with states and raising cess to which it has sole access, Centre now may earn 30% more fuel tax than all states combined, from being 20% behind them 5 years ago

Opposition slams govt in Lok Sabha for ignoring 'aam admi' in Budget

The Opposition slammed the government in the Lok Sabha on Wednesday for ignoring the "aam admi" and showing insensitivity towards agitating farmers in the budget proposals for 2021-22

Increasing fiscal constraints

Govt must focus on mobilising more revenues

AAR in new avatar: Old wine or efficient machinery for disposal of cases?

Experts say while the backlog of cases will most likely be reduced, the quality of rulings may not inspire taxpayers

Focus on infra in Budget 2021 will help revive tourism sector: Tourism secy

The focus on the building of infrastructure will help improve connectivity for both domestic and international travellers, thereby helping the tourism sector to grow, Tourism Secretary Arvind Singh

Would industry still hail a budget without tax sops if cost of money rises?

Higher interest rates will clip investment plans of companies and could bad news for FM Nirmala Sitharaman who feels she has kept her part of the deal in Budget FY22 by not raising taxes

Understanding the zero-sum game of the new agriculture infra cess

While the FM has ostensibly got her act right on imposing the levy without punishing the consumer, questions about the share of states, the rate structure and the use of funds remain

Congress MP presses for increasing Budget discussion time from 10 to 12 hrs

As the Rajya Sabha proceedings began on Wednesday, Congress Member of Parliament (MP) Jairam Ramesh said that the time to discuss the Union Budget should be increased from 10 to 12 hours

Budget discussion likely to begin first in Rajya Sabha, 6th time in history

Departing from the usual practice, the discussion on Union Budget is likely to start first in Rajya Sabha. This is only for the sixth time Upper House will take up the discussion before the Lok Sabha

Diverse responses to the Budget

The finance minister did very well for equity market investors. How did she fare with households?

Is Union Budget 2021-22 inflationary? Experts not on the same page

The government has ruled out tweaking the inflation target under the monetary agreement framework between it and the RBI

A closer look at the Budget

There are some areas of concern, though the government has done well to put an end to subsidy fudging and come clean on numbers

Govt fell short in backing NEP with cut in education budget: Experts

What has also taken many by surprise is the cut in spending on education by at least Rs 6,000 crore

Disinvestment calendar will work well, non-tax revenues to improve: FM

Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will "work well".