Page 2 - Union Budget

Lion's share of unspent balances is with social sector ministries: CGA data

Merely bumping up money to spend will not lead to faster utilisation; CGA has identified a host of reasons for balances lying idle, not least of which is the pandemic

FY23 capital outlay plan for CPSEs projected to dip 1.21% year-on-year

Govt to shift part of CPSEs debt to itself as it infuses more equity

Railway Board forms panel to examine budgetary allocation, merger of funds

Focus towards minimising overlaps in fund purpose

Union Budget ignores glaring issue of unemployment, says Chidambaram

Former FM says only 520 mn of India's 940 mn strong workforce have some kind of job; India has a median age of 28.43, meaning that 50% are below this age, and presumably looking for jobs

No need for separate agriculture budget: Government says in Lok Sabha

During global recession, the DMK member said, India 'withstood' because of the agriculture

Payout to govt employees doubles in five years, strength shrinking

Establishment strength for latest years are estimates, which are usually scaled down to reflect the actual strength two years later

Union Budget has outlined steps to boost MSMEs: Dalit trade body

Under the AYE League, business ideas have been invited online till February 15 and they will be scrutinised by experts from eight IITs and two IIMs, he said.

Decline in Budget allocation for agriculture disappointed many: Devegowda

Replying to the motion of thanks on the President's speech, he said the government's promise to double farm income by 2022 has no mention in the Budget

Target maturity funds can help you avoid losses amid rising interest rates

Stick to shorter tenure fixed deposits now to benefit from higher rates later

Budget: Growth-oriented, protectionist

The Budget aims to boost economic growth and create more employment and entrepreneurial opportunities through substantial increase in capital expenditure for building infrastructure

FY23 Budget more directional with long-term growth, says Piyush Goyal

The government presented a budget with no tax increases and thus no new revenue generation measures but chose to do record borrowings to fund a budgeted 35% increased capital investment at Rs 7.5 trn

'Many job opportunities available as India on way to become world leader'

Union minister Jitendra Singh said abundance employment opportunities will emerge from the jump in capex announced in Budget 2022

Union Budget reflects India's commitment on 'green future': PM Modi

Climate Action was given more importance in this year's union budget and it reflects India's commitment towards green future, Prime Minister Narendra Modi said on Saturday.

44% respondents say inflation won't come down after Budget: Survey

Some 26.7 per cent respondents said that prices may come down 'a little bit' while 22.6 per cent said prices will come down by a large extent, as per the survey

At current prices, FY23 fertiliser subsidy sufficient for 6-7 mths: Experts

However, the govt may have to infuse more fertiliser subsidy if global gas prices rise.

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.

Budget 2022: Virtual digital assets are here to stay, says expert

'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan

Highest ever allocation in railway for Odisha in 2022-23: Ashwini Vaishnaw

He said the Central allocation for the development railway sector in Odisha has been substantially increased during the regime of Modi government in comparison to Congress or UPA government

Will wholesale inflation fall in FY23 as the Centre expects it to?

Govt's conservative nominal GDP growth estimate suggests it expects a low-inflation, high-growth FY23. But there are potential downsides to growth & upsides to inflation, especially wholesale

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