Decoding India’s asset monetization gambit
3 years, 2 months ago

Decoding India’s asset monetization gambit

Live Mint  

KOTTAYAM : In the early 1990s, after being repeatedly frustrated by the jumbled and circuitous rail routes along India’s western coast, the Indian Railways decided to construct a new independent rail network along the Konkan coast. To recover the ₹3,600 crore spent on the Konkan line, the Indian Railways effectively hiked the freight rates by using a formula called “chargeable distance", which uses an inflated notional distance figure to calculate tariffs. “Of course, the headline number of ₹6 trillion is misleading, but if the government can pull off even part of this, it will get a good upfront return on its assets," Monani said. “Even if the private sector is interested in the NMP, I doubt banks will willingly support these projects," a managing director at a large private sector bank told Mint on the condition of anonymity. “The NMP will count as a success even if we don’t achieve 100% of what is laid out," the government officer quoted earlier said.

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History of this topic

Gati Shakti empowering country: Union Minister Jyotiraditya Scindia
1 week, 3 days ago

Gati Shakti empowering country: Union Minister Jyotiraditya Scindia

Live Mint  

New Delhi, December 13 : Union Minister for Communications, Jyotiraditya Scindia highlighted that the introduction of the Gati Shakti scheme has revolutionized infrastructure development in the country, brought about paradigm shifts in governance and age-old frameworks across the spectrum. Over the past year, India has allocated a record ₹11.5 lakh crore towards capital expenditure, marking a significant leap in the …

ADB and NaBFID collaborate to address the funding gap of India’s infrastructure sector
1 week, 4 days ago

ADB and NaBFID collaborate to address the funding gap of India’s infrastructure sector

Live Mint  

New Delhi, December 12 : The Asian Development Bank and India's National Bank for Financing Infrastructure Development have joined forces to bolster infrastructure financing in India. The collaboration also includes the provision of credit lines through ADB-facilitated private sector investments to support innovative projects that foster sustainable and inclusive growth across India. The two institutions signed a letter of intent …

₹100 trillion infrastructure plan to roll out over 5 years
2 weeks ago

₹100 trillion infrastructure plan to roll out over 5 years

Live Mint  

New Delhi: A grand plan to build India’s infrastructure to a new level is in the works. This person said the capital expenditure for infrastructure is likely to touch ₹100 trillion in five years, which would be used to transform India’s ports, airports, roads and other utilities. The blueprint would include a ₹20-trillion master plan to develop 50,000 km of …

India’s infra ambitions to get a new X factor: The military
1 month, 1 week ago

India’s infra ambitions to get a new X factor: The military

Live Mint  

India’s infrastructure planning is set to get more extensive with the government preparing to include the military’s requirement to ensure civilian projects can also be made available to the armed forces if necessary. The initiative—planned under Prime Minister Gati Shakti, also known as the National Master Plan for Multi-modal Connectivity—will focus on building dual-use projects across all segments of infrastructure …

Public Support for Mega Infrastructure Projects in Maharashtra: A Turning Tide
1 month, 3 weeks ago

Public Support for Mega Infrastructure Projects in Maharashtra: A Turning Tide

The Hindu  

The article discusses the political significance of mega infrastructure projects in Maharashtra, with a focus on the Mumbai Metropolitan Region (MMR). The projects, including Metro Rail, Coastal Highway, and road widening, are seen as a way to woo voters in the MMR zone and the State's urban pockets. While these projects are lauded by some, others argue that they are …

What’s the Budget push for infrastructure?
4 months, 3 weeks ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Budget 2024: Placing thrust on infrastructure
5 months ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: Growth, reforms and infrastructure
5 months ago

Budget 2024: Growth, reforms and infrastructure

The Hindu  

The 2024 Budget signals policy continuity. Specifically, the Budget focuses on these key priorities - resilient agriculture, promoting skill development, driving employment and inclusivity, accelerating infrastructure development, energy security, fostering innovation and progressive reforms. Focus on infrastructure The government has earmarked an impressive capital expenditure of over ₹11 lakh crore, equivalent to 3.4% of the GDP, towards infrastructure development. By …

Gautam Adani emphasises infrastructure's vital role in shaping India's future
6 months ago

Gautam Adani emphasises infrastructure's vital role in shaping India's future

India TV News  

Gautam Adani, Chairman of Adani Group, highlighted the crucial role of infrastructure in India's economy during the CRISIL-organised event "Infrastructure - Inspiration for India's Future" on Wednesday. First, almost every foreign visitor that I meet these days talks about the extraordinary infrastructure growth they see in India be it the quality of the multi-lane highways, the massive construction projects all …

Budget 2024: Delicate balancing by government testament to stability, growth
10 months, 2 weeks ago

Budget 2024: Delicate balancing by government testament to stability, growth

Live Mint  

Navigating the intricate journey of presenting an interim budget in the lead-up to general elections presents a formidable challenge. This has resulted in a delicate balancing act, culminating in a budget that stands as a testament to stability, growth, and the government's unwavering dedication to inclusive development. The government has taken a bold step by elevating the capital expenditure for …

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended
10 months, 4 weeks ago

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended

Deccan Chronicle  

Three infrastructure projects of roads and railways worth Rs 9,600 crore have been recommended for approval under the PM Gati Shakti initiative. The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location. All logistics and connectivity infrastructure projects, entailing investments of over Rs 500 crore …

Vision 2047: Infra to be biggest driver for growth push
11 months, 4 weeks ago

Vision 2047: Infra to be biggest driver for growth push

Live Mint  

New Delhi: India’s infrastructure sector is set to become the biggest driver for the country that aspires to become a $5 trillion economy soon and a developed nation by 2047. The newly adopted Vision 2047 document also lays emphasis entirely on infrastructure growth scaling up the pace of development of railways, roads, and ports surpassing most developed countries. Instruments like …

‘Core debilities’ reducing efficiency of improving infra in Indian cities: Report
1 year ago

‘Core debilities’ reducing efficiency of improving infra in Indian cities: Report

Hindustan Times  

New Delhi: While income levels are rising in cities with improved public services and implementation of large-scale construction projects backed by central funding under various schemes and missions, persistent “core debilities” are reducing the efficacy of these positive initiatives, pointed out the ‘India Infrastructure Report 2023-Urban Planning and Development’ released Monday. The basic debilities, said Morris, the editor of IIR-2023 …

Focus must be on creating holistic urban ecosystem for future development: Puri
1 year ago

Focus must be on creating holistic urban ecosystem for future development: Puri

Hindustan Times  

There is a need to look to the future and focus on creating a holistic urban ecosystem for ensuring last-mile access to services, enhanced operational efficiencies, financial sustainability of projects, and integration of digital technology, Union minister of housing and urban affairs Hardeep Singh Puri said. Union minister of housing and urban affairs Hardeep Singh Puri He was addressing the …

UP's infrastructure push will propel its economy to $1 trillion
1 year, 1 month ago

UP's infrastructure push will propel its economy to $1 trillion

Hindustan Times  

Uttar Pradesh is becoming the poster boy of India's development and progress on the global stage, attracting investments and creating opportunities for its residents. International events creating a centre of attention and attracting global investments now have become a catalyst for the state's economic development. Under the leadership and guidance from Prime Minister Narendra Modi the government's focus on diversifying …

In search of the best designer
1 year, 2 months ago

In search of the best designer

The Hindu  

India is in the throes of a major urban transformation, an endeavour that promises to reshape our nation’s future. The past few years have seen a slew of large-scale urban development and public infrastructure projects commissioned and/or completed in our country, which include the Sabarmati Riverfront development in Ahmedabad, the Dharavi slum redevelopment in Mumbai, and, of course, the much-celebrated …

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag
1 year, 3 months ago

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag

India TV News  

Infrastructure is pivotal to economic growth. The government's focus on the country's infrastructural needs through various schemes and policies is key to achieving the 2047 vision of reclassifying from a developing economy to a developed economy. Looking to cash in on the opportunity, Gujarat-based infra major Shashijit Infraprojects has announced that it has secured a Letter of Intent from Hari …

PM Modi hails govt works in infrastructure sector
1 year, 6 months ago

PM Modi hails govt works in infrastructure sector

The Hindu  

Prime Minister Narendra Modi on Thursday, June 15, 2023, said his government in the last nine years has nurtured the roots of growth and development in India, shaping an infrastructure landscape that is unparalleled. The Prime Minister's remarks on Twitter with the hashtag '9YearsOfGatiAndPragati' come amidst the BJP organising various programmes across the country as part of a mega public …

Good pipeline of projects in Telangana, more roads, bridges, renewable energy
1 year, 6 months ago

Good pipeline of projects in Telangana, more roads, bridges, renewable energy

The Hindu  

Telangana has responded with a good pipeline of projects and going forward likely to see more demand from projects to develop roads, highways and bridges as well as renewable energy and warehousing facilities, according to India Infrastructure Finance Company Managing Director P. R. Jaishankar. A government of India enterprise providing financial solutions to all sub-sectors of the infrastructure sector in …

New infrastructure promised in Delhi budget but many want existing issues solved
1 year, 9 months ago

New infrastructure promised in Delhi budget but many want existing issues solved

The Hindu  

For a majority of residents, the 2023-24 Delhi budget’s focus on improving infrastructure is a much-needed move. In his budget speech on Wednesday, Delhi Finance Minister Kailash Gahlot laid out a nine-point action plan to make the city “clean, beautiful and modern”. “Residents in most Old Delhi neighbourhoods face problems while walking due to lack of pavements and well-demarcated lanes.” …

Infrastructure development is the driving force of the economy: Modi
1 year, 9 months ago

Infrastructure development is the driving force of the economy: Modi

Deccan Chronicle  

NEW DELHI: Emphasising that infrastructure development is the driving force of the country's economy, Prime Minister Narendra Modi on Saturday said that there was a need to improve our speed and move in top gear to achieve the target of becoming a developed nation by 2047. The Prime Minister was addressing a post-Budget webinar, the eighth in a series of …

PM Modi to address post-budget webinar on Infrastructure, Investment on 4 March
1 year, 9 months ago

PM Modi to address post-budget webinar on Infrastructure, Investment on 4 March

Live Mint  

Prime Minister Narendra Modi will address the post-budget webinar on ‘Infrastructure and Investment - Improving Logistics Efficiency with PM Gati Shakti National Master Plan’ tomorrow through video conferencing. The Webinar is also scheduled to host discussions on three sub-themes namely, Improving logistics efficiency, Planning on PM Gati Shakti National Master Plan and Infrastructure development and investment opportunities. The webinar will …

Morning Digest: February 2, 2023
1 year, 10 months ago

Morning Digest: February 2, 2023

The Hindu  

Jobs get highest mention in last Budget before elections In a bid to soothe several votebanks before the 2024 polls, the FM promises tax relief for the salaried middle class, schemes for artisans and tribal groups, sops for women and MSMEs, and jobs for youth. Defence budget up by 13%; hike in allocation for pension The Union Budget presented in …

FM Sitharaman renews Centre’s outreach to states, continues 50-yr interest free loan
1 year, 10 months ago

FM Sitharaman renews Centre’s outreach to states, continues 50-yr interest free loan

Hindustan Times  

Renewing the Centre’s outreach to the states ahead of a series of assembly elections and the 2024 Lok Sabha polls, finance minister Nirmala Sitharaman proposed to continue the Union government’s 50-year interest free loan for states by another year. Union finance minister Nirmala Sitharaman at a post-budget press conference in New Delhi on Wednesday The government also announced in the …

Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM
1 year, 10 months ago

Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM

Hindustan Times  

Finance Minister Nirmala Sitharaman on Wednesday announced that the Centre will continue 50-year interest-free loans to state governments for one more year. Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM Check budget live updates here Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. On October …

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman
1 year, 10 months ago

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 announced that the Centre will continue 50-year interest-free loans to State governments for one more year. Budget 2023 | Record allocation of ₹2.4 lakh crore for Railways On October 13 last year, Prime Minister Narendra Modi had launched the Gati Shakti - National Master Plan, aimed at developing integrated infrastructure to reduce logistics …

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth
1 year, 10 months ago

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth

The Hindu  

Support for India's economic growth will come from path-breaking measures such as PM GatiShakti, National Logistics Policy and Production-Linked Incentives schemes, according to the Economic Survey 2022-23. The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman on January 31. Union Budget Session | Two colleges established in the country every day, says President Murmu Noting that …

Budget 2023: Things To Watch Out For In Last Full Budget Of Modi Government
1 year, 10 months ago

Budget 2023: Things To Watch Out For In Last Full Budget Of Modi Government

ABP News  

The Union Budget preparations have been in the full swing in the North Block. Asset Monetisation In the last fiscal the government targeted the national asset monetisation pipeline to accumulate Rs 1.62 lakh crore. According to various accounts, in this Budget the government may link budgetary allocation to infrastructure ministries to the progress and performance these ministries achieve in the …

Budget 2023: Asset Monetisation May Determine Budgetary Support To Infrastructure, Says Report
2 years ago

Budget 2023: Asset Monetisation May Determine Budgetary Support To Infrastructure, Says Report

ABP News  

The Union Finance Ministry may link budgetary support to infrastructure ministries with the performance of their asset monetisation in Budget 2023-24, which will be presented by Nirmala Sitharaman on February 1, according to a report in Mint. A senior finance ministry official told Mint, “Performance in asset monetization will be one of the factors taken into account in determining budgetary …

India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report
2 years, 1 month ago

India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report

The Hindu  

A new World Bank report estimates that India will need to invest $840 billion over the next 15 years— that is an average investment of $55 billion per annum— into urban infrastructure to effectively meet the needs of its fast-growing urban population. This is at a time when Public Private Partnership transactions for urban infrastructure in India have registered a …

Govt focused on developing top-class infrastructure: PM Modi in Chennai
2 years, 6 months ago

Govt focused on developing top-class infrastructure: PM Modi in Chennai

India TV News  

Highlights The government is focused on developing top-class infrastructure in the country, PM said Chennai PM Modi launched various developmental programmes in Tamil Nadu He also laid the foundation stone for 5 railway stations redevelopment programmes PM Modi in Tamil Nadu: Prime Minister Narendra Modi on Thursday said his government is focused on developing top-class infrastructure in the country. The …

All electric vehicle fire incidents will be probed, says Transport Secretary Giridhar Aramane
2 years, 7 months ago

All electric vehicle fire incidents will be probed, says Transport Secretary Giridhar Aramane

The Hindu  

Amid multiple cases of electric two-wheelers catching fire, Road Transport and Highways Secretary Giridhar Aramane on May 1 said that each and every incident will be probed and asserted that the Indian electric vehicle industry is bound to prosper and grow beyond 'our imagination'. Mr. Aramane further said the Ministry of Road, Transport and Highways has achieved an overall asset …

Gati Shakti, the dawn of a new age in infrastructure development?
3 years, 2 months ago

Gati Shakti, the dawn of a new age in infrastructure development?

Live Mint  

Prime minister Narendra Modi on Thursday unveiled the PM Gati Shakti-National Master Plan for multimodal connectivity that he first spoke of from the ramparts of the Red Fort on Independence Day earlier this year. The PM Gati Shakti aims to break inter-ministerial silos in infrastructure development. The government’s thinking is that by planning and building the trunk infrastructure through the …

PM Gati Shakti national master plan will boost infra projects: Modi
3 years, 2 months ago

PM Gati Shakti national master plan will boost infra projects: Modi

The Hindu  

Prime Minister Narendra Modi on Wednesday kicked off PM Gati Shakti, a national master plan for synchronising connectivity infrastructure projects across modes of transport, and said it will help India realise its dream to become a “business capital” of the world. Logistics hubs Citing the example of Dadri, where an integrated industrial township was coming up, the Prime Minister said …

PM Modi will take call on further infrastructure investments in Afghanistan: Nitin Gadkari
3 years, 3 months ago

PM Modi will take call on further infrastructure investments in Afghanistan: Nitin Gadkari

India TV News  

With Afghanistan coming under the control of the Taliban, Union minister Nitin Gadkari on Sunday said a final decision on continuing infrastructure investments in the war-torn country will be taken by the prime minister along with the external affairs minister after considering the prevailing situation. Gadkari, who is helming the Road Transport and Highways Ministry, also said that while many …

PM Modi to decide on further infrastructure investments in Afghanistan: Nitin Gadkari
3 years, 3 months ago

PM Modi to decide on further infrastructure investments in Afghanistan: Nitin Gadkari

India Today  

With Afghanistan coming under the control of the Taliban, Union minister Nitin Gadkari on Sunday said a final decision on continuing infrastructure investments in the war-torn country will be taken by the prime minister along with the external affairs minister after considering the prevailing situation. we have worked in areas of water resources in Afghanistan," Gadkari said while responding to …

NMP will protect the exchequer and citizens
3 years, 3 months ago

NMP will protect the exchequer and citizens

Hindustan Times  

The National Monetisation Pipeline, prepared by the NITI Aayog, was launched on August 23 by finance minister Nirmala Sitharaman. Building new infrastructure has two constraints for any country – access to patient, predictable and cheap capital; and execution capability, where government and private agencies can take up multiple marquee projects simultaneously. This virtuous cycle of resource augmentation, in turn, will …

OPINION: Demystifying National Monetisation Pipeline and Why India Needs It
3 years, 3 months ago

OPINION: Demystifying National Monetisation Pipeline and Why India Needs It

News 18  

India’s National Infrastructure Pipeline envisages an infrastructure investment of Rs 111 lakh crore over a period of five years. One of the strategies among them is ‘asset monetisation’ and the government has paved the way for preparation of a National Monetisation Pipeline of potential brownfield infrastructure assets to provide a medium-term roadmap for monetisation and give potential investors a ready …

Gatishakti scheme to provide framework for National Infrastructure Pipeline plan: Gadkari
3 years, 3 months ago

Gatishakti scheme to provide framework for National Infrastructure Pipeline plan: Gadkari

The Hindu  

Union Minister Nitin Gadkari on September 2 said the ₹100 lakh crore-Gatishakti scheme will provide a framework for the National Infrastructure Pipeline programme and make Indian products more competitive by cutting down logistic costs and improving supply chains. Addressing the American Chamber of Commerce’s 29th AGM, Mr. Gadkari also sought investments in the road sector from insurance and pension funds …

Parsa Venkateshwar Rao Jr | Govt can’t leave it to pvt sector to spend on infra
3 years, 3 months ago

Parsa Venkateshwar Rao Jr | Govt can’t leave it to pvt sector to spend on infra

Deccan Chronicle  

The National Asset Monetisation, also known as the National Monetisation Pipeline, has been launched with the release of the two-volume mini-tome of the Niti Aayog — “National Monetisation Pipeline Volume 1: Monetisation Guidebook” and “National Monetisation Pipeline Volume 2: Asset Pipeline” — by finance minister Nirmala Sitharaman on August 23. Attributing, as usual, the entire initiative to the vision of …

How the National Monetisation Pipeline works
3 years, 3 months ago

How the National Monetisation Pipeline works

Hindustan Times  

Union minister for finance and corporate affairs, Nirmala Sitharaman, recently launched the asset monetisation pipeline of central ministries and public sector entities: ‘National Monetisation Pipeline ’. The pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021–22. The Report on National Monetisation Pipeline has been structured …

Asset Monetisation Plan of Modi govt and Congress lies about it
3 years, 3 months ago

Asset Monetisation Plan of Modi govt and Congress lies about it

Op India  

Earlier this week, the union government unveiled the National Monetisation Pipeline, through which several national infrastructure assets are being monetised. Contrary to the Congress claim that the Modi govt is selling not just land but also the air, actually, land assets are not included in the monetisation pipeline. The Asset Monetisation Pipeline does not even include monetisation through disinvestment and …

OPINION: Asset Monetisation a Viable Route to Push Infrastructure Investment
3 years, 3 months ago

OPINION: Asset Monetisation a Viable Route to Push Infrastructure Investment

News 18  

Finance Minister Nirmala Sitharaman has announced the roadmap for Rs 6-trillion asset monetisation plan. The NDA government had earlier announced that it would unveil a plan to monetise brownfield infrastructure assets but a war of words has erupted after the FM’s recent press conference. In the current situation, since brownfield assets are to be monetised, the ownership will always remain …

Mamata Banerjee on NMP: Assets belong to country; BJP, Modi don't own them
3 years, 3 months ago

Mamata Banerjee on NMP: Assets belong to country; BJP, Modi don't own them

India TV News  

West Bengal Chief Minister Mamata Banerjee on Wednesday slammed the Centre over its National Monetisation Pipeline policy, claiming that it is a ploy to sell assets that belong to the country and not to Prime Minister Narendra Modi or the BJP. Terming the NMP as a "shocking and unfortunate decision", the Trinamool Congress supremo alleged that the money raised by …

Asset monetisation is the only way the country will move forward: Niti Aayog CEO
3 years, 3 months ago

Asset monetisation is the only way the country will move forward: Niti Aayog CEO

India Today  

The government’s ambitious National Monetisation Pipeline plan has been criticised by the Opposition as a move to benefit private players. Amitabh Kant explained how asset monetisation is the only way the country will move forward. Excerpts: Q: The Opposition says it’s about a revenue-strapped government desperately hiving off valued public assets Asset monetisation is nothing new; it’s been going on …

Finance Minister to unveil monetisation pipeline today
3 years, 4 months ago

Finance Minister to unveil monetisation pipeline today

Deccan Chronicle  

New Delhi: As part of the government's plan for monetising assets, finance minister Nirmala Sitharaman will launch the National Monetisation Pipeline, or NMP, on Monday. Announcing the plan, the government think-tank Niti Aayog on Sunday said that the NMP comprises a four-year pipeline of the central government's existing infrastructure assets. In her Budget speech, Sitha-raman had said that monetising operating …

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years
3 years, 7 months ago

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years

News 18  

The Centre is giving utmost priority to the development of infrastructure and has set a target of road construction worth Rs 15 lakh crore in the next two years. The Minister was confident that his ministry will achieve target of 40 kilometres per day of highways construction in current fiscal, saying “the government is permitting 100 per FDI in road …

Nirmala Sitharaman’s Budget 2021 Focuses on What the Economy Needs—Investment in Infrastructure
3 years, 10 months ago

Nirmala Sitharaman’s Budget 2021 Focuses on What the Economy Needs—Investment in Infrastructure

News 18  

The Budget 2021 presented by Union Minister of Finance Nirmala Sitharaman is expected to reinvigorate the economy post-pandemic. Further, the government has announced the capex budget will be up over 34 per cent to Rs 5.54 lakh crore and, in addition to this, there is a substantial allocation for roads and railways. The other key takeaway from Finance Minister Nirmala …

A look at the winners and losers of Nirmala Sitharaman's Budget 2021
3 years, 10 months ago

A look at the winners and losers of Nirmala Sitharaman's Budget 2021

India Today  

Amid the sweeping economic distress triggered by the Covid-19 pandemic, Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021, giving major emphasis to healthcare and infra sectors while leaving direct taxes unchanged. Here is a look at the gainers and losers from Budget 2021: WINNERS Healthcare Finance Minister Nirmala Sitharaman put health and well being as one of …

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