Page 17 - Union Budget

Budget: ARC to fast-track PSB clean-up, initial capital pegged at Rs 10K cr

In their post-budget media interaction, finance ministry officials said banks will put in capital in the AMC, and the govt will give support, if required

Union Budget with eye on the target, says Marico MD & CEO Saugata Gupta

The Budget for 2021-22 has taken a multi-pronged approach to incentivise consumption and investment opportunities

Budget 2021: Massive spending commitment for infra; new DFI on the cards

Institution to have Rs 20,000-cr initial capital; Rs 5-trn lending portfolio target in 3 yrs

Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman

FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.

Budget 2021: Delhi govt accuses Centre of favouring big companies

The Delhi government accused the Centre of giving step motherly treatment to the national capital in the Union budget 2021-22, and claimed the budget is aimed at benefitting few big companies.

Leather products to get costlier after 10% customs duty, say manufacturers

'Customs duty hike to make leather expensive', said Alberto Torresi director

My budget will be about 'Swayampoorna Goa', says CM Pramod Sawant

Goa Chief Minister Pramod Sawant on Monday said he would be presenting the state's budget in the end of March and it would focus on making the state self- reliant.

Minority Affairs Ministry allocated over Rs 4,810 crore in Budget

The Minority Affairs Ministry was allocated Rs 4,810.77 crore in the 2021-22 Union Budget on Monday which is Rs 805.77 crore more than than the revised figures of the previous fiscal.

Union Budget 2021 ignored unorganised sector, says traders body

The government is banking on the organised sector which provides only 10 per cent of jobs and has ignored in the Union budget the unorganised sector which provides employment for the rest

From 6 pillars of Budget 2021 to tax proposals: Decoding the fineprint

Budget development-oriented, will upgrade India's economy: Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the Union Budget will prove to be a milestone in upgrading India's economy and will ensure development of all sections of society.

Budget 2021: Textile industry welcomes setting up 7 mega textiles park

The textile industry welcomed the setting up of 7 mega textiles parks proposed in the Union Budget 2021-22, saying this will make the industry globally competitive

Govt depts to add over 140,000 jobs by March 2021: Union Budget

Over 1.4 lakh jobs are estimated to be created between March 2019 and March 2021 in various central government departments, according to the Union Budget presented on Monday.

SII, Bharat Biotech welcome enhanced focus on health in Budget 2021

Serum Institute of India and Bharat Biotech applauded the government's increased allocation for the healthcare sector and on providing Rs 35,000 crore towards Covid-19 vaccination in 2021-22 fiscal.

Sports budget takes cut of Rs 230.78 cr, Khelo India sees biggest reduction

The impact of the Covid-19 was felt on the national sports budget as the central government on Monday allocated Rs 2596.14 crore for the financial year 2021-22 -- a reduction of Rs 230.78 crore

Security forces guarding Pak, China receive enhanced funds in Budget

The central security forces guarding the India-Pakistan, Sino-Indian and other frontiers have received an increased amount of funds amid tension with India's western and northern neighbours.

Bad bank, no Covid cess: Why Sensex zoomed 2,300 pts post Budget proposals

The optimism despite higher borrowing and a wider fiscal deficit, analysts say, was on account of the positive measures to revive the Covid-19 hit economy

Union Budget 'let down like never before', will unravel soon: Congress

The Congress claimed that it will unravel soon, and described the imposition of cess on petrol and diesel in the budget as "vengeful act" against the thousands of farmers

CPI criticises Union Budget, says it is pro-corporate, nothing for poor

The Communist Party of India (CPI) on Monday criticised the union budget, claiming it was pro-corporate and big businesses and has nothing for the poor.

Social Justice and Empowerment Ministry allocated Rs 11,689 crore

The Social Justice and Empowerment Ministry, which caters to the welfare of the backward classes and those with disabilities, was allocated Rs 11,689.39 crore