Page 4 - Latest Updates on Budget cycle
Lower allocation
Budget for rural India may need to be revisited
 "Lower allocation")
Next steps on privatisation
Budget detaches the programme from fiscal needs
 "Next steps on privatisation")
Budget 2022: Emphasis on asset creation over direct income enhancements
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
 "Budget 2022: Emphasis on asset creation over direct income enhancements")
Largely transparent, but political
Finally, the Budget for 2022-23 has returned to its agenda for protectionism in the name of creating a self-reliant India
 "Largely transparent, but political")
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
 "Budget 2022: Virtual digital assets are here to stay, says expert")
Budget impact: Capital expenditure-tilt positive for most sectors
Domestic-focussed sectors due to the government's push on infrastructure and indigenous manufacturing are the big winners in the Budget
 "Budget impact: Capital expenditure-tilt positive for most sectors")
Social sector: The focus of Budget 2022 is on effective implementation
The government has continued with earlier policies, schemes and extent of outlays, without attempting radical shifts or transformations
 "Social sector: The focus of Budget 2022 is on effective implementation")
Union Budget 2022: Govt borrowing plan may prompt reverse repo hike
15-40 bps raise likely in MPC meeting next week, say market participants
 "Union Budget 2022: Govt borrowing plan may prompt reverse repo hike")
Fiscal constraints
India needs to boost tax-to-GDP ratio
 "Fiscal constraints")
Union Budget 2022-23: Telecom firms spar over 5G auction quantum
Airtel wants only interference-free spectrum to be put up for auction
 "Union Budget 2022-23: Telecom firms spar over 5G auction quantum")
MGNREGA: Is the govt expecting unemployment levels to change soon?
Inflation adjusted, the Integrated Child Development Scheme figure is 36 per cent lower for 2021-22 than it had been the year PM Narendra Modi took over
 "MGNREGA: Is the govt expecting unemployment levels to change soon?")
Rightly reflects pandemic-era priorities
Infrastructure focus will create jobs but more could have been done on the health front
 "Rightly reflects pandemic-era priorities")
Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets
The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets
 "Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets")
Cryptocurrency tax doesn't give legitimacy to private digital currency: FM
We are not taxing a currency (digital rupee) that is yet to be issued
 "Cryptocurrency tax doesn't give legitimacy to private digital currency: FM")
FDCI chairman Sunil Sethi's take on best, worst things in Budget
India is a good investment destination already with the highest GDP growth in large economies
 "FDCI chairman Sunil Sethi's take on best, worst things in Budget")
A different election Budget
We must also acknowledge a certain middle class approach this government takes to managing the economy
Budget 2022: Can the finance minister solve India's health challenges?
History shows that the country can achieve ambitious targets in health
 "Budget 2022: Can the finance minister solve India's health challenges?")
Beyond the third wave: Rural economy, banking recovery, and more
Budget at a glance: Here're the key numbers from Union Budget 2022
 "Beyond the third wave: Rural economy, banking recovery, and more")
Budget 2022: Despite Covid pandemic, health no longer the highlight
Vaccination allocation for FY22-23 at only Rs 5,000 crore against Rs 39,000 crore for FY22
 "Budget 2022: Despite Covid pandemic, health no longer the highlight")
Budget 2022: FM focuses on boosting rural infra, digitising agriculture
Budget for agri, allied activities rose by a nominal 2.5% for FY23, compared to FY22 RE
 "Budget 2022: FM focuses on boosting rural infra, digitising agriculture")
