Page 49 - Finance Ministry

FinMin allows Andhra to borrow addl Rs 1,515 cr for power sector reforms

Madhya Pradesh has also undertaken reforms in the power sector

Disinvestment calendar will work well, non-tax revenues to improve: FM

Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will "work well".

Bill in the works to have two sets of DFIs: Govt and private

Currently, some entities are working as a kind of DFI in their niche areas such as Indian Railway Finance Corporation, National Bank for Agriculture and Rural Development, and Small Industries Develop

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

Air India divestment expected to be closed in first qtr of FY22: DEA secy

We have taken up some big-bang disinvestments, particularly Air India and LIC on priority, said Bajaj

Indirect Taxes: FM Sitharaman's Budget attempts a delicate balancing act

The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices

Budget focuses on boosting demand and supply to aid long-term growth

The Budget aims to boost demand and supply through increased spending in sectors such as health, education, infrastructure and power

Budget: Balancing act for social sector, strong focus on health is visible

There has been an attempt to build on earlier initiatives, but financial constraints may hamper execution and achievement of goals

Riding on high growth: Key gainers from the Budget 2021 proposals

A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.

Best of BS Opinion: Defence budget, policy on disinvestment, and more

Here are the top BS Opinions of the day

Budget 2021: Bad bank will be a win-win for lenders, says Debasish Panda

All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, said Panda

Govt will reserve up to 10% in LIC's IPO for policyholders: DIPAM Secretary

Provisions have been added in the LIC Act to provide some reservation to policyholders as shareholders, said DIPAM secretary Tuhin Kanta Pandey

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

Budget not just about raising, lowering tax: Finance secretary A B Pandey

The Budget should not be seen only as an exercise where you increase or decrease taxes, but also where you provide stability of rates, says Pandey

Railways on the right track

The bottom line is that it calls for a capital expenditure of Rs 16.74 trillion between 2022 and 2031 on track and terminal infrastructure and rolling stock

Little for the vulnerable

Budget didn't address special needs of a pandemic year

Reading the defence budget tea leaves

MoD has managed the defence budget well in a difficult year, but long-term fixes are needed

A bold move

Policy on strategic disinvestment is a huge break from the past

Budget 2021: Mobile phone makers slam higher duty on China imports

However, auto parts makers welcome it as a step that will help localisation

Budget 2021: More REIT, InvIT listings on the cards, say experts

Allowing debt financing by FPIs will reduce cost of funding, say experts