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Read more about A decent Budget but big challenges remain on Business Standard. Budget assures double-digit growth in FY22, but does little for unemployment, inflation, foreign trade and medium-term growth
Read more about Short shrift for agriculture on Business Standard. The sector did not get anticipated attention in Budget
A primer in 26 steps Premium 7 min read Share Via Atmanirbhar The government’s flagship economic policy of a self-reliant India got top billing in the budget. Nirmala Sitharaman’s dedicated Part-A of her speech to the policy, which is increasing in scope and coverage. Atmanirbhar has even been institutionalized in a new centrally-sponsored health scheme with an outlay of ₹64,180crore. TRENDING STORIESSee All 1 min read 2 min read Premium 3 min read Bad bank There has been plenty of debate about the need for a “bad bank" to take over the massive bad loans of public sector banks and t...
Your Email: Send me a copy: https://mybs.in/2Zbwgee After the 1992 budget presented by Manmohan Singh, the Sensex had rallied 20 per cent in two days, while after the 1997 budget by P Chidambaram, the index soared 12 per cent The budget euphoria continued for a second day on Dalal Street with the Sensex rallying another 2.46 per cent, extending its two-day advance to 7.6 per cent. In terms of day-two performance, this is among the top 10 since 1991, while if one looks at two-day performance (budget and next-day) this is in the top 5. After the 1992 budget presented by Manmohan Singh, the S...
Budgets have become simpler and more transparent. Taxes are headed towards stability, though that’s still a work in progress