A key question is how the BIC is to be funded. To start with, it may have to be a wholly-owned government entity
AJAY BHUSHAN PANDEY says litigants in more than 96,000 appeals - involving disputed amounts of Rs 83,000 crore - have opted for the Vivad Se Vishwas scheme, which has been extended by a month
Here's a selection of Business Standard opinion pieces for the day
Budget could be a good starting point for deeper banking reforms
The numbers in aggregate mean the Government of India will not let the fiscal deficit run away in FY22
Say India needs to bring down import duties over time
Given the market / pandemic situation, there is an overall fall in the fair market values of properties
The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter
Say India needs to bring down import duties over time
The government should provide additional funds as well as incentives to promote indigenous farm research, oilseeds production, food processing and organic farming
Macroeconomics in 2021 will turn on consumer demand and firm resolution
The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework
Could help monetise assets worth Rs 10K cr
Here's a selection of Business Standard opinion pieces for the day
What should Budget do to boost investment and spur economic recovery? Don't underestimate the importance of increasing investment, says Business Standard's in-house policy expert A K Bhattacharya
The year 2020 was no ordinary year and so the Budget 2021 will also not be an ordinary budget. We have had enough indication from the government that the public spending momentum will continue and fiscal deficit will not be a big cause of worry for the Finance Minister. But what should Budget do to boost investment and spur economic recovery? Don't underestimate the importance of increasing investment, says Business Standard's in-house policy expert A K Bhattacharya, as the demand recovery will require more investment to be made. Watch the fourth episode of our special pre-Budget video series, Beyond Budget Headlines with AKB, to also learn why shrinking tax base is a huge challenge and bank recapitalisation is the need of the hour.
From what CEOs expect from Budget 2021 to Tata Sons overtaking govt as largest promoter of listed companies, here are the top headlines for the day
Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021
Curbs imposed by the finance ministry on more than 80 government departments and ministries earlier in the year to preserve cash were relaxed this quarter
Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt