Page 5 - Budget 2020

Long on ideas

Budget falls short on farm reforms execution

Post Budget proposals, analysts see RBI holding rates in February MPC meet

Following the November print of 5.54%, RBI had sprung a surprise and opted to hold the repo rate at 5.15 per cent. It, however, continued with the accommodative stance as long as it was necessary.

Best of BS Opinion: Finance Commission report, farm spending, and more

Business Standard Opinion pieces for the day talk about the Budget, Finance Commission and other policy issues

Financial groups: Focus shifts to their ability to boost parent's valuation

While lack of clarity on outlook of insurance business has weighed on valuations of parent firms, retail loan growth and fee income need to be closely watched

TDS on e-commerce deals to hurt SMEs' working capital: Amazon's Agarwal

Agarwal was talking about the Budget proposal to introduce a new section in the Income Tax Act

Dairy sector hopes to attract Rs 60,000 cr, create 10 mn jobs over 5 years

FM had announced a target of doubling the annual milk processing capacity to 106 MT, from the existing 53 MT in five years

Farmers may soon start trading electronic warehousing receipts on e-NAM

The receipt will get the cultivator the best price for his produce. He can also obtain finance against it

Speaking volumes

No one dissed Ms Sitharaman, with many opposition MPs swarming around her in concern as she faded out with two pages to read

Stay the course

FC's final report should mirror the interim award

Budgeting for the future of tech

Short courses that are linked to market needs and breakthrough technologies will be far more useful than degrees that are outdated from day one

Letter to BS: Ease of paying tax is important for living, doing business

Nobel prize-winning economist Richard Thaler would approve - if you want people to do something, make it easy, he said

The great expectations challenge

Instead of grand visions and big announcements, the Budget should have focused on managing expectations around the current economic cycle

Top-down Budget

A whole host of Budget announcements has a distinct imprint of the Prime Minister

Govt hopeful of selling minority stake in LIC in next fiscal, says DEA Secy

The government aims to garner Rs 90,000 crore from the listing of LIC and stake dilution in IDBI Bank in the next fiscal out of total disinvestment target of Rs 2.10 trillion.

Budget meets slowdown: Govt's challenge on Feb 1 is to revive demand

What the Budget does to revive demand will determine if the economy can shrug off slowdown and regain momentum.

Does a fiscally careful Budget create room for RBI to please India Inc?

While the FM seems to have left the fiscal scenario in better shape than it appears to have been through most of this year, she has had to eschew any plans to revive investments

Budget 2020 is indeed a 'bold' Budget; you cannot fault Sitharaman here

If doing away with tax exemptions is not 'bold', what is? It has annoyed savers which is as good a definition of 'bold' as you will ever get. Structural reform is like that only

Budget paved way for perfect ecosystem for startups in India: CBDT

CBDT Chairman P C Mody said most of the issues pertaining to startups were already addressed in last budget

Top 10 biz headlines: FM exhorts India Inc, PNB registers loss and more

From FM exhorting India Inc to shed its hesitation and make investments to PNB logging loss in Q3, here are top business headlines for today

Pension outlay for Army in Budget is unsustainable: CDS Gen Bipin Rawat

Army consists of two categories, officers and jawans, and the former can retire between 54-58 years of age