Measures announced in Budget to promote jobs, spur economic growth: Finance Ministry
1 year, 10 months ago

Measures announced in Budget to promote jobs, spur economic growth: Finance Ministry

The Hindu  

The measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2023-24 are expected to promote job creation and spur economic growth, the Finance Ministry said on Thursday. In its Monthly Economic Review, the Ministry said during the December 2022 quarter, various High-Frequency Indicators pointed towards a slowdown in general, as monetary tightening appeared to have started weakening global demand. "As in 2022-23, India faces the coming financial year with confidence imparted by underlying and overall macroeconomic stability while being on the alert against geo-political and geo-economic risks," the monthly review said. "By doing this, the Government is continuing its push towards investment-driven growth amid global headwinds.The measures announced in the Union Budget FY24, such as a rise in capital expenditure, increased focus on infrastructure development, boost to the green economy, and initiatives for strengthening financial markets etc., are expected to promote job creation and spur economic growth," it said.

Global India Financial Budget Economic Growth Financial Markets Economic Ministry Measures Fy24 Announced Growth Finance  ministry  jobs  global  economy  financial  growth  finance  tax  economic  measures  promote  announced  fy24  budget  spur  india

History of this topic

Budget 2025: FM should introduce new tax slab for individuals who adopt renewable energy, reduce carbon emissions
19 hours, 19 minutes ago

Budget 2025: FM should introduce new tax slab for individuals who adopt renewable energy, reduce carbon emissions

Live Mint  

Finance minister Nirmala Sitharaman is set to present her second comprehensive budget after the 2024 general elections. The old tax regime with the regular income slabs and eligible deductions/exemptions and the new tax regime with relatively wider income slabs and lower tax rates, without most deductions/exemptions available in the old tax regime. A unified tax regime with widened income slabs …

Industry needs to up R&D spend, expect govt capex growth to sustain: Ficci
1 week, 3 days ago

Industry needs to up R&D spend, expect govt capex growth to sustain: Ficci

Live Mint  

New Delhi: Businesses need to step up their research and development spending, and the industry expects the government to sustain the growth in budget allocation for capital expenditure as these two would help the Indian industry to become more competitive in global markets, Harsha Vardhan Agarwal, president of Federation of Indian Chambers of Commerce and Industry, and vice-chairman and managing …

Autumn budget 2024 predictions: 8 key things to watch out for in Rachel Reeves’s statement
1 month, 3 weeks ago

Autumn budget 2024 predictions: 8 key things to watch out for in Rachel Reeves’s statement

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves is set to unveil Labour’s first Budget in a …

Tax rises inevitable as Budget black hole set to persist, says think tank
2 months, 1 week ago

Tax rises inevitable as Budget black hole set to persist, says think tank

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Most of the £22 billion budget gap identified by the …

Govt plans survey of lagging private capex
2 months, 4 weeks ago

Govt plans survey of lagging private capex

Hindustan Times  

The statistics ministry is planning to conduct a survey of private-sector capital investment going into the economy, which has been lagging government capex but is critical for growth and jobs in Asia’s third-largest economy, a senior official has said. Private sector investment has grown at a slower pace, outstripped by government fixed capital formation, a measure of public spending on …

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus
3 months ago

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus

Live Mint  

India's Finance Ministry is set to begin preparations for the 2025-26 annual budget in October, as the country's economy continues its strong performance, maintaining a 7% growth rate for the fourth consecutive year, PTI reported. The upcoming budget is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand, as per …

Budget 2024 addresses India's immediate and long-term needs, says Tata Capital CEO
5 months ago

Budget 2024 addresses India's immediate and long-term needs, says Tata Capital CEO

Live Mint  

Finance minister Nirmala Sitharaman presented another balanced budget on Tuesday, one that addressed both the immediate and long-term needs of the country. Higher tax collections – gross tax collections rose 19.5% year-on-year – have give the FM room to allocate funds to numerous schemes that will benefit the poor. Providing free electricity to one crore households under PM Surya Ghar …

A look at key macro numbers ahead of Budget: GDP, fiscal deficit, inflation
5 months ago

A look at key macro numbers ahead of Budget: GDP, fiscal deficit, inflation

Hindustan Times  

Finance minister Nirmala Sitharaman is set to present the Union Budget 2024-25 on July 23 as experts widely expect that at least a few populist schemes will be announced which will help boost the rural economy and also create jobs. Here's a look at the macro numbers ahead of Budget 2024: Budget 2024: Experts widely expect that at least a …

Union Budget To Prioritise Fiscal Targets, Jobs, And Inflation: Goldman Sachs
5 months, 2 weeks ago

Union Budget To Prioritise Fiscal Targets, Jobs, And Inflation: Goldman Sachs

ABP News  

The Union Budget for the fiscal year 2024-25 is likely to prioritise maintaining capex spending levels and adhering strictly to fiscal consolidation goals while maintaining a special focus on job creation, as per Goldman Sachs. In their note published on Monday, they caution against expecting any relaxation in fiscal consolidation measures or a shift towards increased welfare spending at the …

Govt may revise fiscal deficit target to 5% of GDP in Budget
6 months, 1 week ago

Govt may revise fiscal deficit target to 5% of GDP in Budget

Hindustan Times  

NEW DELHI: The full budget for FY25 may see a downward revision of India’s fiscal deficit target for the current financial year from previous target of 5.1% of the gross domestic product to at least 5% or less as North Block swings into action to translate Prime Minister Narendra Modi’s development agenda into budget proposals, three people aware of the …

Interim Budget surprises fixed income market
10 months, 3 weeks ago

Interim Budget surprises fixed income market

New Indian Express  

It was expected to be a restricted vote on national accounts, but this interim budget, instead, surprised fixed income markets so much so that the yield of India’s benchmark 10-year government security fell by 9 bps. Firstly, in FY24, not only did India manage to achieve the highest economic growth on the back of heavy public capex, but it did …

Budget 2024: CII welcomes Indian government's push for infrastructure, Capex-led growth
10 months, 3 weeks ago

Budget 2024: CII welcomes Indian government's push for infrastructure, Capex-led growth

Firstpost  

The Confederation of Indian Industry welcomed the Budget 2024 and the step by the Indian government step towards increasing capital expenditure by almost 11 per cent. In the Interim Budget 2024, the government proposed to increase capital expenditure outlay by 11.1 per cent to Rs 11.11 lakh crore for financial year 2024-25. Our recommendation initially was a 5.4 per cent …

Budget 2024: Nominal GDP growth seen at 10.50 per cent, FY24 fiscal deficit revised down to 5.80 per cent
10 months, 3 weeks ago

Budget 2024: Nominal GDP growth seen at 10.50 per cent, FY24 fiscal deficit revised down to 5.80 per cent

India TV News  

In the interim Budget presented by Finance Minister Nirmala Sitharaman, the Union government has assumed a nominal GDP growth of 10.50 per cent for the fiscal year 2024-25. The revised estimate of the fiscal deficit for FY24 is 5.8 per cent of GDP, improving on the budget estimate despite a moderation in nominal growth estimates. Union Finance Minister Nirmala Sitharaman …

Budget may focus on welfare, infra, adhere to fisc glide path
10 months, 3 weeks ago

Budget may focus on welfare, infra, adhere to fisc glide path

Hindustan Times  

New Delhi India will meet its fiscal deficit target of 5.9% of GDP in 2023-24, and largely adhere to the envisaged glide path to bring it below 4.5% by 2025-26 on the back of robust GDP growth, buoyant tax collections, and better targeting of expenditure, officials familiar with the matter said, adding that public spending on welfare schemes and infrastructure …

Interim Budget 2024: Overall spending likely to see 10% hike, says report
11 months, 1 week ago

Interim Budget 2024: Overall spending likely to see 10% hike, says report

India Today  

The upcoming interim budget for the fiscal year 2024-25 may witness a cautious approach from the government, with an anticipated 10 per cent increase in overall spending compared to the current fiscal year, reported The Economic Times. Despite the economy's robust growth, with a forecasted 7.3 per cent increase in Gross Domestic Product for the fiscal year 2023-24, the government …

Interim budget 2024: India aims to lower budget deficit, raise capex by 20%
11 months, 1 week ago

Interim budget 2024: India aims to lower budget deficit, raise capex by 20%

India Today  

As India gears up for its 2024/25 budget, there are indications that the government is planning to reduce its budget deficit by at least 50 basis points from the current year's target of 5.9 per cent of Gross Domestic Product. Devendra Pant, an economist at India Ratings, was quoted in the report saying that reducing the government's money shortage and …

Budget 2023: Tax burden to hit highest level since Second World War
1 year, 9 months ago

Budget 2023: Tax burden to hit highest level since Second World War

The Telegraph  

Britain's tax burden is on course to hit a new post-war record as Jeremy Hunt reaps billions of pounds more from a raid on workers, investors and businesses, official forecasts show. The Office for Budget Responsibility expects the UK to avoid a recession in 2023 as stronger tax receipts, tumbling energy prices and measures to get people back to work …

W.B. Budget for 2023-24 broadens welfare schemes, gives incentives to jobs
1 year, 10 months ago

W.B. Budget for 2023-24 broadens welfare schemes, gives incentives to jobs

The Hindu  

With an eye on the upcoming panchayat polls, the West Bengal government’s Budget for the year 2023-24 on Wednesday widened the ambit of social welfare schemes like Lakshmi Bhandar, added a new scheme providing death benefits for fishermen, promised financial assistance for micro-enterprise and allocated ₹3000 crore for rural road connectivity and repair of urban roads in the State. Minister …

Budget's main focus is growth; Mumbai should be liking proposals: FM
1 year, 10 months ago

Budget's main focus is growth; Mumbai should be liking proposals: FM

The Hindu  

Union Finance Minister Nirmala Sitharaman on February 4 said growth is the main focus of the Budget for FY24 presented by her recently. The Budget proposals establish both fiscal consolidation and growth, especially inclusive growth, Ms. Sitharaman said during her maiden interaction with stakeholders outside the National Capital since presenting the Union Budget on February 1. We want to sustain …

A balance between capital outlays and fiscal prudence
1 year, 10 months ago

A balance between capital outlays and fiscal prudence

The Hindu  

The Budget comes at a time when the government faces a delicate balancing act between expenditure priorities and the need for fiscal prudence as it is the last full Budget before the general elections. There are five issues that need to be analysed in this Budget — three from a growth and fiscal stability perspective and two from a welfare …

Budget 2023 | On the right course: A growth-oriented Budget: Keki Mistry
1 year, 10 months ago

Budget 2023 | On the right course: A growth-oriented Budget: Keki Mistry

The Hindu  

The Union Budget is one of the most anticipated annual events, where India has consistently embarked on numerous reforms bringing about structural changes. In my opinion, the Finance Minister this year rightly focussed on key factors that align with the larger vision of the government: boosting economic growth, employment generation, encouraging savings and investments, and fiscal consolidation. The government needs …

Budget 2023: Key Highlights From Modi Govt's Final Full Budget Before 2024 LS Polls
1 year, 10 months ago

Budget 2023: Key Highlights From Modi Govt's Final Full Budget Before 2024 LS Polls

ABP News  

Finance Minister Nirmala Sitharaman on Wednesday tabled the final full Budget of the NDA-II government. At Rs 10 lakh crore, the central goverment's capex target for 2023-24 is 33 per cent higher than the Budget Estimate of Rs 7.5 lakh crore for 2022-23. This Budget provides for Rs 35,000 crore capital investment towards energy transition and net zero objective and …

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more
1 year, 10 months ago

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections. Ms. Sitharaman’s …

#Incometax trends on Twitter after Nirmala Sitharaman's Budget 2023 speech. Best memes
1 year, 10 months ago

#Incometax trends on Twitter after Nirmala Sitharaman's Budget 2023 speech. Best memes

India Today  

Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in Parliament today. This year’s budget comes at a time when India’s economy faces challenges from a host of global factors; a steep rise in inflation and a possible GDP growth slowdown in the financial year 2024. However, the finance minister announced some relief for taxpayers as she proposed a new …

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. Economists Expect Budget To Focus On Strengthening Manufacturing, Creating Jobs: Report
1 year, 10 months ago

Budget 2023. Economists Expect Budget To Focus On Strengthening Manufacturing, Creating Jobs: Report

ABP News  

In just two days Budget 2023 will be presented in the Lok Sabha. According to the survey, the majority of economists expect this Budget "to steer clear of populist measures and focus on strengthening manufacturing and creating jobs." According to HSBC Holding Plc’s chief India economist Pranjul Bhandari, the nation’s path to fiscal consolidation will require a herculean effort. The …

Union Budget 2023-24: Aiming For A Fine Balance
1 year, 10 months ago

Union Budget 2023-24: Aiming For A Fine Balance

News 18  

The Indian economy has been recovering well from the pandemic. With this context, restricting GFD/GDP to around 5.8 per cent should be targeted and ensure the government remains committed to the target of reaching 4.5 per cent by FY2026. We see five key reasons for a limited space for a “populist” Budget — Lower tax revenue growth, given lower GDP …

Budget 2023: Govt may peg lower nominal GDP growth, says report
1 year, 10 months ago

Budget 2023: Govt may peg lower nominal GDP growth, says report

India Today  

The Union Budget 2023 is just days away and Finance Minister Nirmala Sitharaman will present the plan for the next financial year at a time when India faces multiple growth challenges. Two government officials quoted in a Reuters report said the nominal GDP growth could be pegged at 11 per cent in the budget next week, marking a slowdown from …

Budget 2023: Why govt should consider tax relief despite limited fiscal room
1 year, 11 months ago

Budget 2023: Why govt should consider tax relief despite limited fiscal room

India Today  

An incremental tax relief in the upcoming Union Budget 2023 could help the central government provide consumption support to the Indian economy in FY24 and shield it from the worsening financial environment in the West. Recently, global economic experts, including International Monetary Fund Deputy Managing Director Gita Gopinath, noted that an inflation-driven price shock could disrupt the lives of people …

Government to kick off FY24 Budget making exercise on October 10
2 years, 2 months ago

Government to kick off FY24 Budget making exercise on October 10

The Hindu  

The government on October 10, 2022 will kick off its annual Budget making exercise for financial year 2023-24, that is expected to look at measures to revive growth amid a gloomy global outlook. The month-long deliberations would end on November 10, with consultations with Ministry of Cooperation, Department of Agriculture and Farmers Welfare, Department of Agricultural Research and Education, Ministry …

States' capex soars 36% in FY23, fiscal deficit at Rs 8.4 lakh crore, finds ICRA report
2 years, 5 months ago

States' capex soars 36% in FY23, fiscal deficit at Rs 8.4 lakh crore, finds ICRA report

Firstpost  

According to the agency, 26 large states, excluding Assam, are on course to spend Rs 6.8 lakh crore or 35.8 per cent more this fiscal in capital expenditure over FY22 when it stood at Rs 5 lakh crore Mumbai: States have budgeted 36 per cent higher capital expenditure during this financial year, which may lead to a sharp rise in …

Creating jobs by increasing capex
2 years, 10 months ago

Creating jobs by increasing capex

The Hindu  

If we had to look for one single metric that held the key to us achieving our immense economic potential as a nation, creation of gainful jobs, particularly for our underemployed youth and women, would perhaps be a strong candidate. Data released by the Controller General of Accounts shows that for the first nine months of the current fiscal year …

Greater capital expenditure is the highlight of the Budget
2 years, 10 months ago

Greater capital expenditure is the highlight of the Budget

The Hindu  

This Budget has made some very effective announcements to accelerate growth as we come out of a prolonged pandemic which has weighed on growth significantly. Here are some takeaways: Capex and deficits For FY22, the revised estimate for capex stood at ₹6 trillion, but excluding the one-time Air India charge, it would have been closer to ₹5.5 trillion. In terms …

The budget has done well in retaining its growth focus
2 years, 10 months ago

The budget has done well in retaining its growth focus

Live Mint  

The Union Budget 2022-23 was truly a transformative and visionary document, which laid the blueprint for the next 25 years through boosting investments, creating jobs, improving ease of doing business, maintaining tax stability and support to the stressed sectors. The continued rise in capital spending lends credence to the government’s vision of improving the economy’s growth potential through a push …

Who spent what in FY22: A study of ministry expenditures
2 years, 10 months ago

Who spent what in FY22: A study of ministry expenditures

Live Mint  

After failing to use up their full budget allocations in the first pandemic year, central ministries are back on track in terms of expenditure patterns in the fiscal year 2021-22, shows spending data released on Tuesday. Spenders spend big Overall, fund utilisation levels in the high-spending ministries have been better in 2021-22. Last year, several of the 10 top-spending ministries …

Budget 2022 Highlights: No change in Income Tax Slabs, New Crypto Tax, 5G, Infra Push
2 years, 10 months ago

Budget 2022 Highlights: No change in Income Tax Slabs, New Crypto Tax, 5G, Infra Push

News 18  

Union finance minister Nirmala Sitharaman presented the Union Budget 2022 today. FY23 effective capex seen at Rs 10.7 lakh crore India’s growth highest among all major economies; we are now in a strong position to withstand challenges The goal is complementing macro-growth with micro-all-inclusive welfare, digital economy and fintech, tech-enabled development, energy transition and climate action ECLGS cover expanded by …

Income Tax Budget LIVE Updates: Cryptocurrency to be Taxed, No Change in Income Tax Slabs
2 years, 10 months ago

Income Tax Budget LIVE Updates: Cryptocurrency to be Taxed, No Change in Income Tax Slabs

News 18  

Income Tax Slabs, Budget 2022 LIVE Updates: Salaried middle class wants finance minister Nirmala Sitharaman to announce some populist measures in Union Budget 2022.?New provision Permitting tax payers to file an updated return on payment of additional tax, permitted up to two years,? The middle class taxpayers also expect an increase in Section 80C deduction under the Income Tax Act, …

Budget 2022: Taxpayers can file updated returns within 2 years, says Sitharaman
2 years, 10 months ago

Budget 2022: Taxpayers can file updated returns within 2 years, says Sitharaman

India Today  

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2022, introduced an updated returns filing system. She said, "To provide an opportunity to correct an error, taxpayers can now file updated returns within two years from the relevant assessment year." The minister also said that the government proposes to reduce Minimum Alternative Tax to 15 per cent for co-operative societies, …

More infrastructure, more investment, more growth, more jobs: PM Modi on Budget 2022
2 years, 10 months ago

More infrastructure, more investment, more growth, more jobs: PM Modi on Budget 2022

India TV News  

Highlights PM Modi said that Budget 2022 brings in new hopes and opportunities for the people Full of more infrastructure, more investment, more growth and more jobs, PM said on Budget Prime Minister informed that he will speak in detail on Budget at 11 am on Wednesday Prime Minister Narendra Modi on Tuesday said that Budget 2022 brings in new …

Budget 2022: Expanding PLI schemes to small businesses will democratise Atmanirbhar Bharat
2 years, 10 months ago

Budget 2022: Expanding PLI schemes to small businesses will democratise Atmanirbhar Bharat

Firstpost  

It’s Budget time and almost everyone has high expectations of India’s finance minister. Before the previous year’s Budget, the mood was dull, with expectations revolving around government support through regulatory measures, and not much around tax cuts. What we expect from Budget 2022 Fintech • Given the stellar role played by fintech in the financial inclusion of a scale unheard …

Budget 2022: FM may focus on roadmap to recovery for economy through job creation, demand generation
2 years, 10 months ago

Budget 2022: FM may focus on roadmap to recovery for economy through job creation, demand generation

Firstpost  

The Union Budget for 2022 comes at a time when the Indian economy has been hit hard by the continuing pandemic. This year’s Budget will likely focus on a roadmap to recovery for the economy through job creation, demand generation, and driving the economic growth of over 8 percent. While the fiscal deficit stood at a mere 46 percent of …

Budget 2022: Tax Breaks, Fuel Tax Cuts Needed to Boost Consumption, Says Report
2 years, 10 months ago

Budget 2022: Tax Breaks, Fuel Tax Cuts Needed to Boost Consumption, Says Report

News 18  

Mumbai, Jan 28: The forthcoming budget needs to delay fiscal consolidation, instead should focus more on supporting the pandemic battered-economy and boost consumption demand by offering income tax soaps and cutting fuel taxes, says a report. In a pre-budget report, India Ratings said it expects the new budget to consolidate and strengthen the plan set out in the last budget, …

Budget 2022: 6 challenges govt needs to address this year
2 years, 10 months ago

Budget 2022: 6 challenges govt needs to address this year

India Today  

The government is all set to present the Union Budget 2022 at a time when the country's economy is striving to recover after being hit hard by the Covid-19 pandemic. In Budget 2022, the Government should first focus on increasing investment in infrastructure, followed by enhancing job creation through higher incentivized expansion of manufacturing capabilities, an ASSOCHAM survey has noted. …

Budget 2022: FM may seek to balance growth and consolidation beyond COVID, feels Radhika Rao of DBS Group Research
2 years, 11 months ago

Budget 2022: FM may seek to balance growth and consolidation beyond COVID, feels Radhika Rao of DBS Group Research

Firstpost  

DBS Research Group’s Radhika Rao feels that above-target revenue and strong nominal GDP are expected to help absorb the increase in spending, keeping FY22 deficit at -6.8 percent of GDP Radhika Rao, Senior Economist at DBS Group Research, feels that besides managing the COVID-19 pandemic, this Budget will seek to strike a balance between growth and consolidation. “We also remain …

Union Budget 2021: FM gives major focus to infra, health; to boost economy through multiplier effect
3 years, 10 months ago

Union Budget 2021: FM gives major focus to infra, health; to boost economy through multiplier effect

Firstpost  

This Union Budget has been very pragmatic and positive. This will boost the economy through the multiplier effect and helping other ancillary sectors and create jobs rather than what direct consumption boosting measures would have. The measures taken such as setting up a Development Finance Institution, a fairly rational blueprint for asset monetization, enabling debt financing of InVITs and REITs …

Will budget 2021-22 spur growth?
3 years, 10 months ago

Will budget 2021-22 spur growth?

Hindustan Times  

The 2021-22 budget, on the face of it, has given a massive fiscal boost to the economy. This takes the share of central government capital expenditure in India’s GDP to 2.48% in 2021-22, the highest since 2015-16, the earliest period for which capital spending data is available at the Centre for Monitoring Indian Economy’s database. In keeping with the targets …

Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts
3 years, 10 months ago

Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts

Firstpost  

New Delhi: Finance Minister Nirmala Sitharaman on Monday will deliver her promised Budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Higher capital expenditure outlay for the National Infrastructure Pipeline programme …

Budget 2021: MSME sector wants better access to credit, lenient taxation policies
3 years, 10 months ago

Budget 2021: MSME sector wants better access to credit, lenient taxation policies

India TV News  

The Union Budget 2021-22 is just a few days away from now and expectations are riding high from all sectors. They said that the Union Budget should provide some long-term benefits to the sector with better access to credit and lenient taxation policies. "To cope up with this, budget 2021 should focus on enabling the development of MSMEs by providing …

Union Budget 2021: After pandemic disruption, time to focus on demand side of economy
3 years, 10 months ago

Union Budget 2021: After pandemic disruption, time to focus on demand side of economy

Firstpost  

Whichever way one may look at, the priority of FY 2022 Union Budget has to be and would be on getting the economy back on track. However, even at that time government finances were constrained and the government used the escape clause available under the Fiscal Responsibility and Budget Management Act to let the fiscal deficit of FY 2020 slip …

Discover Related