How the government resisted populist temptations to create a growth Budget
Economy in tatters, a raft of sectors batted by the virus crying for help, plenty of lobbying from all quarters. Yet the policymakers stuck to the task of creating a Budget affixed on growth goals. A behind-the-scenes look at what went into the making of Budget 2021.
Representative image (PC- MoneyControl.Com)
In an ordinary year, the work on an upcoming Budget begins by October. It gradually ramps up by December, when most of the publicised pre-Budget meetings take place, and attains fever-pitch until the finance minister of the day presents the Budget on February 1.
Mutual fund managers give thumbs up to Budget 2021
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Structural reforms in the debt space, focus on healthcare, liberalization in insurance FDI, setting up ARC for bad debts are some things that worked for the Budget 2021, mutual fund managers say.
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Structural reforms in the debt space, focus on healthcare, liberalization in insurance FDI, setting up ARC for bad debts are some things that worked for the Budget 2021, mutual fund managers say. Read what all they believe is going to change with the new proposals laid down by the Finance Minister.
The not-so-subtle shift to a counter cyclical fiscal policy through increased government spending coupled with reforms and greater privatisation thrust could support economic recovery, create earning upgrades in FY22 and thus support India’s premium valuations. Though there is a likelihood of slightly higher interest rates as a result, it can get offset by superior earnings momentum especially if the budget
Draft Indian Ports Bill, 2020 aiming to attract investment issued for public consultation ANI | Updated: Dec 11, 2020 21:00 IST
New Delhi [India], December 11 (ANI): The Ministry of Ports, Shipping and Waterways has circulated the draft of Indian Ports Bill 2020 for public consultation which will repeal and replace the Indian Ports Act, 1908 (Act Number 15 of 1908).
The draft Indian Ports Bill, 2020, seeks to, inter alia, enable the structured growth and sustainable development of ports to attract investments in the Port sector for optimum utilisation of the Indian Coastline by effective administration and management of ports, the Ministry said in a release. The proposed Bill will provide measures to facilitate the conservation of ports, taking into account the prevalent situation with respect to the high number of non-operational ports. It shall further ensure greater investment in the Indian maritime and ports sector through the creation
Draft Indian Ports Bill, 2020 aims to enable growth indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.