Page 29 - Union Budget

Govt unlikely to meet disinvestment target: Finance Secretary TV Somanathan

'I don't expect a huge uptick in inflation. I think it will remain within the 4 to 5 per cent band', said Somanathan

FinMin to kick-start exercise for Union Budget 2022-23 on October 12

This will be fourth budget of Modi 2.0 govt and FM Nirmala Sitharaman. Union Budget to be announced on Feb 1, 2022, as has been done the past few years

Sitharaman as FM: Some positive surprises, a few works in progress

Tax, revenue and macroeconomic trends are encouraging, but more needs to be done on privatisation, clean-up of banking mess, anti-protectionism, and de-politicisation of govt bodies, writes T N Ninan

Fresh tussle between RBI, bond market expected ahead of 10-yr paper launch

The 10-year paper is no longer the most traded one - which is unusual

FM Nirmala Sitharaman says macroeconomic fundamentals are sound

The finance ministry's assessment of the impact of the second wave on the economy will take a bit longer considering the timings and uncertainties, she said

Prioritising expenditure

Govt must focus on providing relief to the needy at this point

Indices march on as Covid cases dip; post highest 2-week gain since Budget

Sensex has risen 2,690 pts, or 5.5%, since May 14

India's 'never seen before' Budget may fall flat as virus strikes back

The health crisis has hit the Indian bureaucracy badly with many key officials infected by the coronavirus, slowing decisions on privatisations, among other proposed reforms

Clean slate: Govt clears FCI's liabilities to National Small Savings Fund

The government made the cash infusion before the financial year 2020-21 ended, letting FCI begin FY22 on a clean slate in terms of unsecured loans

Best of BS Opinion: Changing a monolith, bare necessities for India & more

Here's a selection of Business Standard opinion pieces for the day

The bare necessities for India

The latest Economic Survey has presented an interesting new index called the Bare Necessities Index. The BNI Index covers five areas that impact the daily lives of a bottom-of-the-pyramid householder

Monetisation lessons from NHAI

Its recent experience offers crucial insights into what makes an asset monetisation exercise successful

A dive into five contentious issues contained in Finance Bill, 2021

Govt may have to respond to concerns over equalisation levy, exporters issues, definition of the term 'liable to tax' and taxability of interest on employees' EPF contributions exceeding Rs 2.5 lakh

Road to recovery

Hopeful signs in data, but medium-term outlook uncertain

Reforms are good but can lead to tech terrorism: FM Nirmala Sitharaman

Says Budget shows govt trusts wealth creators, marking directional change

Union Budget sets pace for Aatmanirbhar Bharat, says finance minister in LS

Finance Minister Nirmala Sitharaman on Saturday said the Union Budget 2021-22 has set the pace for India to become Aatmanirbhar

FM Nirmala Sitharaman to reply on Budget discussion in Lok Sabha today

Union finance minister Nirmala Sitharaman will reply to the discussion on the Union Budget in Lok Sabha on Saturday at 10 am.Saturday will also mark the end of the first part of the Budget session of the Parliament.Sitaraman, while replying to the discussion on the Union Budget in Rajya Sabha on Friday, slammed the Opposition and accused them of constantly alleging a false narrative that the government only worked for cronies and said several of the Centre's schemes were for the poor.She reminded members of the Upper House of several schemes that have been implemented for the poorer sections of the country, like the Pradhan Mantri Awas Yojana and the Pradhan Mantri Saubhagya Yojana.She also said the Union Budget 2021-22 is the instrument through which Aatmanirbhar Bharat is to be attained and asserted that the government is also looking at "long term sustainable growth".Finance Minister had presented the Union Budget 2021-22 in the Parliament on February 1.

60% of govt 'spending spree' inevitably goes towards committed outlay

With schemes like MGNREGA and cash support via PM-KISAN given priority in allocation from the remainder, govt is forced to dip into capital receipts from disinvestment and borrow from the market

FM Sitharaman's speech in the Rajya Sabha

Why rising fuel costs should particularly concern state govts, and you

By trimming the part of fuel tax shared with states and raising cess to which it has sole access, Centre now may earn 30% more fuel tax than all states combined, from being 20% behind them 5 years ago