To support World Anti-Doping Agency's (WADA) mission for clean sports, the government has marginally increased its annual contribution from Rs 2 crore to Rs 2.5 crore in the Union budget for 2021-22
The budget -- among India's most highly anticipated and closely watched events -- didn't have major proposals to address the job losses, hunger, and rising pressures on the farming and rural sectors
Finance Minister Nirmala Sitharaman said huge spending on infrastructure and health care was a key feature of the post-Covid Budget. Read what she said in a post-Budget interaction
It was one of the toughest times in history to announce a budget, writes Harsh Goenka.
A whopping Rs 50,000 crore has been earmarked for the Jal Jeevan Mission in Budget 2021-22, even as Finance Minister Nirmala Sitharaman Monday announced the scheme's urban segment that aims to provide tap water connections to 2.86 crore households. In the budget, the Drinking Water and Sanitation Department under the Jal Shakti Ministry has been allocated Rs 60,030 crore while Rs 9,022.57 crore has been earmarked for the Department of Water Resources, the River Development and Ganga Rejuvenation. The DWS has seen a hike of more than three times in its budget allocation. In 2019-20, the DWS was allocated Rs 18,264.26 crore. It came down marginally to Rs 17,023.50 in 2020-21. In the coming fiscal year, the DWS has been earmarked Rs 60,030 crore. Launched in 2019, the Jal Jeevan Mission, a flagship programme of the Modi government, aims to provide tap water connections to rural households by 2024. So far, tap water connections have been given to 3.3 crore rural households. In this ...
Budget is good but not good enough to live up to the FM's promise of getting rid of "socialist baggage"
The finance minister must be appreciated for resisting the temptation to increase taxes
There are several welcome standalone reforms but these do not add up to a coherent strategy to achieve a $5 trillion economy
Sitharaman walked into the House several minutes before 11 am and placed the tablet on the podium
The Budget will give a massive push to the economy and empower the people, says CM Adityanath
The expenditure for total rural development schemes declined from Rs 2.16 trillion in FY21 to Rs 1.95 trillion in FY22.
What sort of grand policy produces the opposite result of the one that it sought to achieve? What failed and how would this be corrected?
The middle class has widely supported the BJP since 2014, with it winning convincingly in metro cities in both 2014 and 2019
Allocation for farm and allied activities has been cut
There is yet no clarity on how this fund will be raised, how much states will contribute, and how much the new vaccines will cost
With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias
Allocation jumps 118% over RE to Rs 2.23 trillion; Rs 35,000 cr earmarked for Covid vaccination
The onus was on the government to do the heavy lifting for reviving the investment cycle as a broad-based recovery in private capex is not yet in sight
Small savings, which will chip in a record Rs 4.8 trillion, breathe life into stimulus
At 15.9%, capex share in total spend for FY22 will be the highest in over a decade