Page 2 - Latest Updates on Expenditure Budget
FCI will have just Rs 59K cr of NSSF loans by FY22-end: Expenditure secy
Lower loans will decrease FCI's interest burden by Rs 17,000-18,000 crore annually, say officials
 "FCI will have just Rs 59K cr of NSSF loans by FY22-end: Expenditure secy")
Focus on capex does not make Budget inflationary: Expenditure Secretary
We expect the cost of the vaccination to be Rs 700 per person. This includes the price of two shots at Rs 200-250 each, says Somanathan
 "Focus on capex does not make Budget inflationary: Expenditure Secretary")
Budget: Vardhan says health vital to Atmanirbhar Bharat, hails 137% hike
Harsh Vardhan hailed the budget proposals concerning the health sector and "health and well-being" was on the top of the six prominent pillars of Atmnanirbhar Bharat outlined in Sitharaman's speech.
 "Budget: Vardhan says health vital to Atmanirbhar Bharat, hails 137% hike")
Atmanirbhar & rural growth: Need to make all the right noises
The expenditure for total rural development schemes declined from Rs 2.16 trillion in FY21 to Rs 1.95 trillion in FY22.
 "Atmanirbhar & rural growth: Need to make all the right noises")
Union Budget 2021: Allocation for education pared by 6.13%, boost for KVs
The school education and literacy department has been allocated Rs 54,873 crore - the lowest in two years -- in Budget 2021
 "Union Budget 2021: Allocation for education pared by 6.13%, boost for KVs")
Budget 2021: Full text of the memorandum of the Finance Bill tabled in LS
Here is the full text of the memorandum of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman
 "Budget 2021: Full text of the memorandum of the Finance Bill tabled in LS")
Atmanirbhar Kisan: FM Sitharaman allows mandis to access Agri Infra Fund
Cess might not pinch the pocket much as it could be offset by cut in customs duty
 "Atmanirbhar Kisan: FM Sitharaman allows mandis to access Agri Infra Fund")
Budget to spend Rs 2.84 trillion on health, raising expenditure by 137%
Sitharaman has announced Rs 35,000 crore for Covid-19 vaccination this year
 "Budget to spend Rs 2.84 trillion on health, raising expenditure by 137%")
Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P
Budget 2021 LIVE: Finance minister Nirmala Sitharaman in her Union Budget 2021 speech announced a slew of taxation reforms but left personal income tax slab unchanged. Track Budget 2021 highlights
 "Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P")
LIVE: India took 'short-term pain' for long-term economic gain, says CEA
BUDGET SESSION 2021 LIVE UPDATES: Finance Minister Nirmala Sitharaman tabled Economic Survey today. Stay tuned for LIVE updates on Budget session of the Parliament
 "LIVE: India took 'short-term pain' for long-term economic gain, says CEA")
Budget Byte: Post-pandemic Budget has less room for targeted spending
Efficacy of fiscal deficit is limited by revenue deficit - the lower the latter, the bigger the space for capex
 "Budget Byte: Post-pandemic Budget has less room for targeted spending")
Budget Byte: Post-pandemic Budget will need to focus on ignored sectors
MSMEs, education, India's police forces might need more support in the coming year to realign their development and spending goals
 "Budget Byte: Post-pandemic Budget will need to focus on ignored sectors")
Beyond Budget Headlines: Health & education deserve more outlay, attention
In the fifth episode, we discuss about expenditure side of the Budget and look at sectors that have traditionally not been India's top expense areas but are now in the spotlight because of pandemic
 "Beyond Budget Headlines: Health & education deserve more outlay, attention")
Budget Byte: National Small Savings Fund to facilitate off-Budget spending?
What began with food security, off-Budget financing now caters heavily to a range of core spending areas
 "Budget Byte: National Small Savings Fund to facilitate off-Budget spending?")
Why the govt should stop assuming any revenue from disinvestment
The government is sitting on a pile of dross which has a veneer of gold and nobody wants the dross while the govt can't sell the gold
 "Why the govt should stop assuming any revenue from disinvestment")
Fiscal realities: Why govt cannot respond to Covid-19 crisis more fully
The problem is on both revenue and expenditure sides - the former is shrinking in relation to GDP, and the latter is rising despite a sharp drop in petroleum-related subsidy bills - writes T N Ninan
Long on ideas
Budget falls short on farm reforms execution
 "Long on ideas")
Defence spending in austere times
The unusually low 5 per cent increase in allocation in the Budget calls for unorthodox solutions to fund the military
 "Defence spending in austere times")
We have reprioritised spending to be more productive: Expenditure Secretary
If you look at the growth target of 10 per cent nominal GDP, what we expect is something like 6-6.5 per cent real GDP growth, and inflation of 3.5-4 per cent
 "We have reprioritised spending to be more productive: Expenditure Secretary")
Nirmala Sitharaman's Budget again reveals structural fiscal constraint
It recognises it cannot afford space for expansionary fiscal policy
 "Nirmala Sitharaman's Budget again reveals structural fiscal constraint")
