Economy sector Budget 2021
The economy, interest rates and the stock markets react instantaneously to Budget proposals. The Finance Minister has to be prudent about how the rupee will be spent and invested as this will affect the fiscal deficit. A fiscal deficit occurs when a government's total expenditure exceed the revenue that it generates, excluding money from borrowings. Deficit is different from debt, which is an accumulation of yearly deficits. The extent of the deficit and the means of financing it influence the money supply and the interest rate in the economy.
Showing of 0 - 10 from 61 results
Economy Sector 2021 - Total results - 61
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Feb 03, 2021
Union Budget 2021: Govt sets divestment target of Rs 1.75 tn, after big misses in recent years
A sharp jump in capital expenditure points to a preference to solidify medium-term growth boost while also entailing larger multiplier benefits for the economy -
Feb 03, 2021
Union Budget 2021: FM gives major focus to infra, health; to boost economy through multiplier effect
While the high fiscal deficit would not be credit positive for international credit agencies, in the current environment, it would have been impossible to push the growth without fiscal destabilization in the short to medium term -
Feb 03, 2021
Union Budget 2021: Nirmala Sitharaman provides relief to almost all; home buyers, pensioners, employees, among others
Be it entrepreneurs or MSMEs and tax payers, everyone has been given a cushion -
Feb 02, 2021
Union Budget 2021: Slashed funds for NREGA, Poshan Abhiyan 2.0, elderly pensions reflect poorly on Centre
The biggest hoodwink is the starved Poshan Abhiyan 2.0, which though merges the Supplementary Nutrition Programme and the Poshan Abhiyan, has been allocated an amount less than what was prescribed for Anganwadi services in 2020 -
Feb 02, 2021
80% of India's informal workers lost jobs during COVID lockdown, 63% survived on two meals a day, shows data
Government needs to take action regarding job security, social security benefits, food security, health benefits, and safety in the informal sector in such a way that it not only manages the current crisis, but also immunises the sector from future shocks -
Feb 02, 2021
Union Budget 2021: Govt's great land sales idea needs a process-oriented transparent approach
It is important that money coming from land sales be allocated towards specific infrastructure projects, preferably in the very state where land is being sold. -
Feb 02, 2021
Union Budget 2021: PLI scheme for 13 manufacturing sectors will includue firms in global supply chains
Most of the key announcements from the Budget are in line with the central theme of ‘Aspirational India, Economic Development, A Caring Society’. -
Feb 02, 2021
Union Budget 2021: Social security for gig workers will nurture risk appetite in workers, say experts
The gig economy is a free market system in which temporary positions are common and organisations hire independent workers for short-term commitments -
Feb 01, 2021
Union Budget 2021: Economists say problems of inequitable growth not addressed
Brokerage company Nomura's India head Prabhat Awasthi said that the Budget was not populist because there is "no major attempt to redistribute incomes by increasing taxes on high income groups" -
Feb 01, 2021
This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue.
