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Vehicle Scrapping Policy - is it as good as it sounds?


Vehicle Scrappage Policy - Is it as good as it sounds?
Bob Rupani
Updated: February 22, 2021, 09:59 AM IST
In her budget speech on 1
st February, the Finance Minister Nirmala Sitharaman announced that a "Voluntary Scrappage Policy" will soon be introduced. Apparently, those who scrap their old vehicles and buy new ones will get some incentives and Nitin Gadkari Minister for Road Transport and Highways, is giving the finishing touches to this long awaited policy. Gadkari has said, "This policy will boost buying of new vehicles besides generating huge employment. Automobile industry turnover which is 4.5 lakh crore at present is likely to swell to Rs 10 lakh crore in years to come with India becoming an automobile hub".

Hindustan , India-general , India , Nirmala-sitharaman , Nitin-gadkari , Fiat , Finance-minister-nirmala-sitharaman , Nitin-gadkari-minister , Road-transport , Vehicle-scrapping-policy , Premier-padmini , Cartier-concoursed-elegance

Upset AP political parties take to twitter over union budget


Upset AP political parties take to twitter over union budget
DECCAN CHRONICLE.
Updated Feb 2, 2021, 4:15 am IST
Opposition party react on centre's neglect in allocating any grants to the state
 TDP MP Jayadev Galla (Image source: Facebook)
TIRUPATI: Political parties and leaders of Andhra Pradesh have expressed deep disappointment with Union Budget 2021 presented by Finance Minister Nirmala Sitharaman in Parliament on Monday.
Whether belonging to ruling or opposition parties, they have taken to micro-blogging sites to discuss, debate and react on centre's neglect in allocating any grants to the state.
 
Ruling YSRC, however, only shared comments made by MP Vijay Sai Reddy, along with a link to its official website, where his statements have been published. The tweet in Telugu says “AP has been treated unfairly in the union budget. Budget has meted out step-motherly treatment to AP. The states going to polls have been taken care of. No Atma Nirbharta for AP”.

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Budget 2021 Utterly Disregards the Education Catastrophe Inflicted by COVID-19


Budget 2021 Utterly Disregards the Education Catastrophe Inflicted by COVID-19
Is it not amply clear that the fall-out from such persistent neglect of education is bound to create serious social and economic problems with long lasting effects?
Students wearing protective face masks are seen inside a classroom of a government-run school after authorities ordered schools to reopen voluntarily for classes 9 to 12, in Gurugram, India October 15, 2020. Photo: Reuters/Anushree Fadnavis
Education02/Feb/2021
‘No surprises’ seems to be the hashtag for this year’s budget, as echoed by the giants of Indian industry on TV channels, as they heave sighs of relief and project hope for an economic recovery. No surprises, because the government proceeded on a mostly business as usual plan, reiterating its commitment to privatisation – albeit more openly – focussing on incentives to corporates, including labour reforms, no COVID-19 cess and plenty of other platitudes amounting to little else.

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Budget 2021: Hits & Misses


Budget 2021: Hits & Misses
Check out the Hits & Misses of the Union Budget 2021-22 in this quick chat with Mr Dilip Oommen, CEO, ArcelorMittal/Nippon Steel India and Moneycontrol's Prince Thomas
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Budget 2021 live updates | Nirmala Sitharaman to present Union Budget at 11 a.m.


Budget 2021 updates | No change in IT slabs, new cess introduced
Updated:
Updated:
Updates from the Parliament as Finance Minister Nirmala Sitharaman presents her third Union Budget.
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Union Finance Minister Nirmala Sitharaman with MoS Anurag Thakur as they leave from their office for Parliament House to present the General Budget for 2021-2022, in New Delhi on February 1, 2021.
  | Photo Credit: Shiv Kumar Pushpakar
Updates from the Parliament as Finance Minister Nirmala Sitharaman presents her third Union Budget.
Top Developments
Big chunk allocation for health
Disinvestment target at Rs. 1.75 lakh crore, 2 PSBs and one insurer to be divested
Initial Public Offering for LIC soon

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Budget 2021: Relief for depositors! Now 'time-bound' access to deposits if bank goes bust

Finance Minister Nirmala Sitharaman in her Budget speech announced that depositors will have an 'easy and time-bound' access to deposits if a bank gets liquidated

India , Nirmala-sitharaman , Adhil-shetty , Credit-guarantee-corporation-act , Union-budget , Minister-nirmala-sitharaman , Deposit-insurance , Guarantee-corporation-act , Reserve-bank , Budget-2021 , Union-budget-2021 , Economic-survey-2021

Union Budget 2021 | Nirmala Sitharaman announces a vehicle scrapping policy to phase out old vehicles

Union Finance Minister Nirmala Sitharaman, in her Budget speech for 2021- 22 has proposed a vehicle scrapping policy as an initiative to tackle the burdening problem of air pollution.Ms. Sitharaman sa

Nirmala-sitharaman , Union-finance-minister-nirmala-sitharaman , Vehicle-fitness , Fuel-efficiency , Air-pollution , Vehicle-scrapping-policy , Old-vehicles , Budget-2021 , Union-budget-2021 , Budget-2021-live-updates , Railway-budget-2021-live-updates

Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman Set To Present Union Budget Today


Union Budget 2021 Highlights | All the action from FM Sitharaman’s budget– as it happened
Union Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget 2021 and revised the expenditure target for FY 2021 at Rs 34.50 lakh crore. She allocated Rs Rs 2,23,846 crore for health, Rs 1.18 lakh crore for road infra, Rs 1,10,055 crore for Railways, Outlay over Rs 3 lakh crore for power and set the divestment target for FY22 at Rs 1.75 lakh crore, among other things. This blog is now closed.
Budget 2021 Highlights: Finance Minister Nirmala Sitharaman presented Union Budget 2021-22 today. She used a tablet computer to deliver the paperless Budget address. This Budget assumes great significance as it comes amid the novel coronavirus pandemic, which has led to massive economic disruption in India

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Budget 2021: FDI limit in insurance hiked to 74%


Union Budget 2021 | FDI limit in insurance hiked to 74%
Updated:
Updated:
February 01, 2021 16:59 IST
‘This is bound to attract enhanced flow of capital to the sector, benefiting the economy,’ says the Confederation of Indian Industry
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‘This is bound to attract enhanced flow of capital to the sector, benefiting the economy,’ says the Confederation of Indian Industry
Union Finance Minister Nirmala Sitharaman on Monday announced an increase in Foreign Direct Investment (FDI) limit in insurance from 49% to 74%.
Tabling the Union Budget for 2020-21, she said, “We propose to amend the Insurance Act, 1938 and will launch a new investor charter for investor protection. Will launch a securities market code which will include the SEBI Act, the government Securities Act and the Depositories Act.”

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Budget 2021: Fiscal deficit for FY21 pegged at 9.5%

Depends on tax buoyancy, asset monetisation, divestment

Union-finance-minister-nirmala-sitharaman , Budget-2021 , Nirmala-sitharaman , Nirmala-sitharaman-presents-budget , Modi-govt-union-budget-2021 , Budget-2021-live-updates , Railway-budget-2021-live-updates , Budget-2021-live , Budget-2021-announcements , Union-budget-2021-22-live , Fm-nirmala-sitharaman-budget-speech