Page 7 - Latest Updates on Budget estimates
Budget 2022: Continuing in the right direction, says Shree Cement's Bangur
It is reassuring to see government focus on growth-propelling sectors such as healthcare and infrastructure
 "Budget 2022: Continuing in the right direction, says Shree Cement's Bangur")
NRAI President Kabir Suri's take on best, worst things in Union Budget
'The best thing about the Budget, in my opinion, has to be the spending on infrastructure', said Suri
 "NRAI President Kabir Suri's take on best, worst things in Union Budget")
A pragmatic Budget amidst a challenging global environment
The proposal to defer the filing of an appeal by the tax authority where the question of law is pending before the jurisdictional Hc or Sc would help reduce the administrative workload
Budget 2022: India Inc to benefit from govt's massive capex push
Companies to bag for roads, railways and defense projects
 "Budget 2022: India Inc to benefit from govt's massive capex push")
Climate action takes centre stage in Union Budget: More Intent, Less Money
Budget falls short of making significant budgetary allocation to key sectors of energy efficiency, sustainability and clean tech
 "Climate action takes centre stage in Union Budget: More Intent, Less Money")
Union Budget 2022: Agriculture, rural could do with more stimulus
Food, fertiliser, petroleum subsidies were lower in FY23, compared with FY22
Union Budget provides less for food and fertiliser subsidies
The petroleum subsidy is pegged at Rs 5,813 crore, which is 11 per cent less
 "Union Budget provides less for food and fertiliser subsidies")
Shares of companies related to infra, construction, roads jump post Budget
The finance minister said Rs 20,000 crore will be mobilised through innovative ways of financing to complement the public resources
 "Shares of companies related to infra, construction, roads jump post Budget")
Union Budget 2022-23: BJP, JJP hail it; Congress and INLD slam it
Chief Minister M L Khattar hailed the budget, terming it as "pro-farmers"
 "Union Budget 2022-23: BJP, JJP hail it; Congress and INLD slam it")
At 6.6%, India's GDP contracted less than projected in FY21: NSO data
FY22 growth may NOW dip to 8.8% vs 9.2% estimated earlier; core growth across eight sectors clocks 8.4%
 "At 6.6%, India's GDP contracted less than projected in FY21: NSO data")
Budget 2022: CII sees uptick in India consumption by next quarter
The industry, hit by some curbs to control the omicron variant, is expecting relief measures in the budget due Tuesday
 "Budget 2022: CII sees uptick in India consumption by next quarter")
Budget 2022 may be work of restoration, but challenges for FM no less steep
Touch services like hospitality, leisure, tourism in desperate need of support
 "Budget 2022 may be work of restoration, but challenges for FM no less steep")
Govt companies, departments way short of capital expenditure target
CPSEs met only 63% of spending target by December
 "Govt companies, departments way short of capital expenditure target")
Stormy Budget session likely as Oppn to raise Pegasus, farmers' issues
Finance Minister Nirmala Sitharaman will present the Economic Survey 2021-22 on Monday and the Union Budget on Tuesday
 "Stormy Budget session likely as Oppn to raise Pegasus, farmers' issues")
Mass transport awaits a green revolution: How FM can power up EV industry
Clean energy public transport is crucially dependent on the mechanics of financing
 "Mass transport awaits a green revolution: How FM can power up EV industry")
Banking on the budget with no surprises
The future of deposits will be an issue for banks. This year, quite ironically, banks have been happy with deposits not growing, as there were few avenues to lend, anyway
 "Banking on the budget with no surprises")
WFH benefits and other Budget expectations of IT and startup sectors
With the 2022-23 budget nearing and the third wave of the pandemic in full force, the industry is hoping FM Nirmala Sitharaman will provide support for growth
 "WFH benefits and other Budget expectations of IT and startup sectors")
Budget-making during recovery
The challenges before the coming Budget are more daunting than those in 2021
 "Budget-making during recovery")
Budget 2022: Steep subsidy sums for food and fertiliser likely
Budget 2022: Subsidies have been a bugbear of the Indian economy for long
 "Budget 2022: Steep subsidy sums for food and fertiliser likely")
Budget 2022: Farmers in need of a new deal, says ICRIER's Ashok Gulati
'Much of the agricultural policies in the past have focused on production', said Gulati
 "Budget 2022: Farmers in need of a new deal, says ICRIER's Ashok Gulati")
