Published : Feb 07, 2023 15:57 IST If we ignore the hype that accompanies and follows the presentation of the Central government’s annual Budget, there are principally two strands in it that have attracted attention. The first is the claim of Finance Minister Nirmala Sitharaman that in a growth-accelerating intervention, the step-up in capital or investment expenditure during the second …
Finance minister Nirmala Sitharaman on Wednesday presented a Budget that continued her government’s emphasis on capital investment, with a record ₹10 lakh crore spend planned in 2023-24, sought to encourage taxpayers to spend more with tax cuts, and announced a ₹35,000 crore expenditure on energy transition even as she managed to reduce the fiscal deficit to 5.9% from 6.4% this …
Highlights The big-ticket disinvestment of Life Insurance Corporation is in the works The government has missed the disinvestment target for three consecutive years In 2020-21, the government had mopped up Rs 37,897 crore The government's receipt from disinvestment proceeds in the next financial year beginning April has been pegged at Rs 65,000 crore, lower than the current year's estimated mobilisation …
