Page 21 - Revised Estimate News Today

›Banks NPAs decline to Rs 8.08 lakh crore in September 2020 from Rs 10.36 lakh crore in March 2018: Govt Banks NPAs decline to Rs 8.08 lakh crore in September 2020 from Rs 10.36 lakh crore in March 2018: Govt SECTIONS Banks NPAs decline to Rs 8.08 lakh crore in September 2020 from Rs 10.36 lakh crore in March 2018: GovtPTI Last Updated: Feb 02, 2021, 02:31 PM IST Share Synopsis As a result of the AQR and subsequent transparent recognition by banks, stressed accounts were reclassified as NPAs ...

Union Budget 2021: Inadequate allocation for skilling, digital learning a concern Despite the government’s stress on NEP, a 6.1 percent drop in total allocation for the Ministry of Education is considered baffling for the sector’s premier stakeholders February 03, 2021 / 01:21 PM IST At a time when the government is planning to formally begin the implementation of the National Education Policy (NEP), 2020, with specific emphasis on upskilling and digital learning, the education sector w...

‘Grants for State Discoms will no longer be universal, but subject to milestones achieved’ February 02, 2021 × Somanathan explained why variation from Revised Estimate (RE) of previous Budget to Budget Estimate (BE) of FY21-22 is very small and when seen BE to BE, it is very big Niramala Sitharaman’s Budget proposals are more giving than taking — expenditure oriented. Expenditure Secretary TV Somanathan has played a key role in this. In conversation with BusinessLine, Somanathan expla...

Budget 2021: Govt pegs gross market borrowing at Rs 12.05 lakh crore for FY22 Hard-pressed for funds to combat rising coronavirus infections, the government in May increased its market borrowing programme for the current financial year by more than 50 percent to Rs 12 lakh crore. PTI Representative image The government will borrow Rs 12.05 lakh crore from the market in 2021-22, lower than the Rs 12.80 lakh crore estimated for the current financial ye...

Health care, the foremost agendum of Finance Minister Nirmala Sitha­raman’s Budget speech, saw an allocation of Rs 223,846 crore —an increase of around 118 per cent over the Revised Estimate — to cover “health and wellbeing” with a large chunk, Rs 35,000 crore, going tow­ards Covid-19 vaccination, a move widely cheered by the industry. “The investment in health infrastructure in this Budget has increased substantially. Progressively, as institutions absorb more, we shall commit ...

Railways allocated ‘record’ Rs 1.10 lakh crore; to focus on National Rail Plan 2030 PTI New Delhi: The Railways has been allocated a ‘record’ Rs 1.10 lakh crore in the Union Budget. Out of it, Rs 1.07 lakh crore accounts for capital expenditure, Finance Minister Nirmala Sitharaman said Monday.  While the allocation in 2021-22 has been termed as a ‘record’ for the the Railways, it had a slightly higher allocation of Rs 1.11 lakh crore in the revised budget of 2020-21. ...

Nirmala goes for broke to push growth Pushes expenditure on infrastructure for a trickle-down effect across economy In the end, it was neither the flamboyance of a Rishabh Pant nor the doggedness of a Cheteshwar Pujara that was on display in the Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman. On exhibition was a judicious blend of aggression and caution that is more the style of an Ajinkya Rahane. And the spectators in the stock market applauded pushing the BSE Sensex u...

Jayati Ghosh   |     |   Published 02.02.21, 12:04 AM There is one central message of the Narendra Modi government to the people of India from Budget 2021-22: you will have to be ‘ atmanirbhar’ because you’re on your own. The Central government does not have your back. In the midst of the worst health and economic crisis the country has faced since Independence, it will not protect ...

Smart roads, dedicated toilets for third gender, public e-charging stations, drinking water fountains, sewage treatment plants, setting up of an Integrated Command and Control Centre and not imposing any new tax for the next financial year, are among the plans listed by the New Delhi Municipal Council (NDMC) in its annual budget announced on Wednesday. The civic bodys chairman Dharmendra, presented a budget with a moderate surplus of Rs 136.18 crore in the current financial year and Rs 172.47...

Source: Highlights The economy is projected to contract by a massive 10.3 per cent this year, according to an IMF forecast Even the Reserve Bank of India expects the economy to shrink by 9.5 per cent in the current financial year As per the finance ministry schedule, the nearly one-month long exercise to finalise the Revised Estimate for 2020-21 and Budget Estimate for 2021-22 began today New Delhi: The Finance Ministry on Friday kicked off the exercise to prepare the annual Budget for 2021-22 ...