Page 9 - Depositories Act News Today

1. Health and Wellbeing There is substantial increase in investment in Health Infrastructure and the Budget outlay for Health and Wellbeing is Rs 2,23,846 crore in BE 2021-22 as against this year’s BE of Rs 94,452 crore, an increase of 137 percentage. The Finance Minister announced that a new centrally sponsored scheme, PM AatmaNirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64, 180 crore over 6 years. This will develop capacities of primary, secondary, and tertiary ...

Hon’ble Speaker, I present the Budget for the year 2021-2022. 1. Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis. 2. When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction. 3. W...

Finance Minister Nirmala Sitharaman on Monday unveiled an expansionary Budget that focused on health, hope and growth; maintained status quo on direct taxes; avoided the much-feared wealth tax, boosted government’s capital expenditure by 26 per cent on the revised estimates for FY21 and kept market borrowing targets around the same level as the financial year gone by, at Rs 12 lakh crore. Those largely met the expectations of the financial markets, which were hoping for a ‘no-harm Budget’...

The Finance Minister said the warehousing development and regulatory authority will be strengthened to set up a commodity market ecosystem arrangement including vaulting, assaying and logistics.

Updated Feb 01, 2021 | 18:48 IST Budget 2021 Highlights: The preparation of this Budget was undertaken in circumstances like never before, in view of calamities that have affected a country or a region within a country, said FM Sitharaman Budget Highlights&nbsp New Delhi: Finance Minister Nirmala Sitharaman presented her third Budget today. Union Budget 2021 was much anticipated as it came at a time when the economy is reeling from the negative impact of the coronavirus...

Health and Wellbeing There is substantial increase in investment in Health Infrastructure and the Budget outlay for Health and Wellbeing is Rs 2,23,846 crore in BE 2021-22 as against this year’s BE of Rs 94,452 crore, an increase of 137 percentage. The Finance Minister announced that a new centrally sponsored scheme, PM AatmaNirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64, 180 crore over 6 years. This will develop capacities of primary, secondary, and tertiary car...

1. Health and Wellbeing 3. Inclusive Development for Aspirational India 4. Reinvigorating Human Capital  6. Minimum Government and Maximum Governance   1. Health and Wellbeing There is substantial increase in investment in Health Infrastructure and the Budget outlay for Health and Wellbeing is Rs2,23,846 crore in BE 2021-22 as against this year’s BE of Rs94,452 crore, an increase of 137 percentage.   The Finance Minister announced that a new centrally sponsored scheme, PM AatmaNirbhar S...

The big surprise in the Union Budget is the government’s willingness to gamble on the budget deficit. Not since Pranab Mukherjee’s 2009 budget, have we seen such an aggressive budget. The difference, however, is that whilst Mr. Mukherjee ramped up the UPA governments revenue expenditure (especially on NREGA), the NDA government has stepped up capex. The big thrust in this year’s budget is for infrastructure development. The National Infrastructure Pipeline (NIP) is targeted to undertake...

Union Budget 2021: Here is Full Text of Nirmala Sitharamans Address at the Parliament FOLLOW US ON: Introduction Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis. RELATED NEWS When I presented the Budget 2020-21, we could not have imagined that the global economy, already...

February 01, 2021 Securities Code Act envisages various norms under one regulator The Reserve Bank of India (RBI) will have to give up its powers to regulate Government Securities (G-secs), the debt instruments issued by the central and state governments, sources in the know told Business Line. The powers to regulate GSecs will be passed on to SEBI. This is on the back of the budget announcement wherein it has been proposed to merge the Securities Contracts Regulation Act, Depositories Act, a...