Page 51 - Finance Ministry

Ad film director Prahlad Kakar's take on the best, worst things in Budget

Additionally, the consumer will hopefully have more to spend in the short term, which will push up demand

Budget 2021: The right formula for revival, says Centrum Group's J Bindra

The DFI should play a more dev­elopmental role in building greenfield infra projects, which could help achieve the target of Rs 5 trillion.

Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable

Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations

Budget 2021: Govt lays out Rs 5.54 trn for capital creation in infra sector

Close to 8,500 km of road, highway projects being planned to be awarded by March 2022

Budget showcases govt's strong strategic push for growth-oriented road map

The sharp and targeted focus on infrastructure, capex, health, education, financial sector reforms and fiscal credibility have been the key takeaways from this Budget

Two, not three, cheers are enough for FM Sitharaman's Budget 2021

After 51 years of bank nationalisation, the government has finally admitted that it should not be in the business of running all public sector banks

Budget a fine balance between prudent spending, incentives to woo capital

The FM's speech boosted sentiments through announcement of anticipated reforms like infra funding through a new DFI, 'bad bank'-type structure for resolution of stressed assets

Budget: ARC to fast-track PSB clean-up, initial capital pegged at Rs 10K cr

In their post-budget media interaction, finance ministry officials said banks will put in capital in the AMC, and the govt will give support, if required

Budget 2021: Massive spending commitment for infra; new DFI on the cards

Institution to have Rs 20,000-cr initial capital; Rs 5-trn lending portfolio target in 3 yrs

Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman

FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.

Budget 2021: Delhi govt accuses Centre of favouring big companies

The Delhi government accused the Centre of giving step motherly treatment to the national capital in the Union budget 2021-22, and claimed the budget is aimed at benefitting few big companies.

My budget will be about 'Swayampoorna Goa', says CM Pramod Sawant

Goa Chief Minister Pramod Sawant on Monday said he would be presenting the state's budget in the end of March and it would focus on making the state self- reliant.

Minority Affairs Ministry allocated over Rs 4,810 crore in Budget

The Minority Affairs Ministry was allocated Rs 4,810.77 crore in the 2021-22 Union Budget on Monday which is Rs 805.77 crore more than than the revised figures of the previous fiscal.

Budget development-oriented, will upgrade India's economy: Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the Union Budget will prove to be a milestone in upgrading India's economy and will ensure development of all sections of society.

Disappointed over govt policies on FDI, disinvestment in Budget 2021: BMS

RSS-aligned Bharatiya Mazdoor Sangh (BMS) expressed disappointment over government's budget proposals with regard to disinvestment and foreign direct investment especially in the insurance sector.

Govt move to buy investment grade debt securities positive step: Experts

The government's proposal to create a permanent institutional framework to buy investment grade debt securities is a very positive step for debt mutual funds, experts said on Monday.

Budget 2021: Textile industry welcomes setting up 7 mega textiles park

The textile industry welcomed the setting up of 7 mega textiles parks proposed in the Union Budget 2021-22, saying this will make the industry globally competitive

Govt depts to add over 140,000 jobs by March 2021: Union Budget

Over 1.4 lakh jobs are estimated to be created between March 2019 and March 2021 in various central government departments, according to the Union Budget presented on Monday.

Sports budget takes cut of Rs 230.78 cr, Khelo India sees biggest reduction

The impact of the Covid-19 was felt on the national sports budget as the central government on Monday allocated Rs 2596.14 crore for the financial year 2021-22 -- a reduction of Rs 230.78 crore

Security forces guarding Pak, China receive enhanced funds in Budget

The central security forces guarding the India-Pakistan, Sino-Indian and other frontiers have received an increased amount of funds amid tension with India's western and northern neighbours.