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Budget marks directional change for Indian economy: Finance Minister

Budget marks directional change for Indian economy: Finance Minister
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“This Budget mark a clear directional change for the Indian economy and that directional change is not what the government has offered as a sudden response, but it was something that was preoccupying the Indian minds for over 30 years,” she said at FICCI s national executive committee meeting via videoconferencing.
Agencies
The union finance minister expressed confidence that the government s revenue generation will increase in 2021 through asset monetisation and other non-tax avenues besides disinvestment.
The Union Budget has marked a clear directional change for the Indian economy, with infrastructure, health and agriculture identified as three big ticket areas for expenditure, finance minister Nirmala Sitharaman said Wednesday. ....

Nirmala Sitharaman , Budget Banner Et Bureau , Air India , Development Financial Institutions , Corporation Of India , Union Budget , Shipping Corporation , பட்ஜெட் பதாகை மற்றும் பலர் பணியகம் , அேக இந்தியா , வளர்ச்சி நிதி நிறுவனங்கள் , நிறுவனம் ஆஃப் இந்தியா , தொழிற்சங்கம் பட்ஜெட் , கப்பல் போக்குவரத்து நிறுவனம் ,

28% increase in outlay for Supreme Court's, OBCs welfare plans

28% increase in outlay for SC, OBC welfare plans
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The overall budget for ministry of social justice and empowerment has gone up from ₹8,207.56 crore to ₹10,517.62 crore – a 28% increase. The Allocation for Welfare of Scheduled Castes (AWSC) for all ministries has been increased by 51.65%.
Agencies
The restructured scheme will follow the contours of the PMS-SC with focus on the poorest 20 lakh households.
New Delhi: Hidden in the fine print of budget 2021-22 is the Centre’s massive outreach to Scheduled Castes, Other Backward Classes, denotified tribes and nomadic tribes.
The overall budget for ministry of social justice and empowerment has gone up from ₹8,207.56 crore to ₹10,517.62 crore – a 28% increase. The Allocation for Welfare of Scheduled Castes (AWSC) for all ministries has been increased by 51.65%. AWSC is a plan under which 37 central government ministries are required to earmark 2-30% of their total bu ....

New Delhi , Budget Banner Et Bureau , High School In Targeted Area , Scheduled Castes , Higher Education , Young Achievers Scheme , Residential Education , High School , Targeted Area , Achievers Scholarship Award Scheme , Vibrant India , Marginalised Individuals , புதியது டெல்ஹி , பட்ஜெட் பதாகை மற்றும் பலர் பணியகம் , உயர் பள்ளி இல் இலக்கு பரப்பளவு , அதிக கல்வி , இளம் சாதனையாளர்கள் திட்டம் , குடியிருப்பு கல்வி , உயர் பள்ளி , இலக்கு பரப்பளவு , சாதனையாளர்கள் உதவித்தொகை விருது திட்டம் , துடிப்பான இந்தியா ,

Finance Commission recommends FRBM Act revamp

Finance Commission recommends FRBM Act revamp
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Last Updated: Feb 02, 2021, 05:10 AM IST
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The FRBM Act needs to be revamped because of prevailing uncertainty and contemporary realities and challenges, the commission said. The Union and state governments will have to amend their FRBM Acts to ensure their legislations are consistent with the fiscal sustainability framework, it added.
Agencies
Meanwhile, the government has accepted the commission’s suggestion to set up a non-lapsable defence fund.
The 15th Finance Commission led by NK Singh has recommended setting up a high-powered intergovernmental group to restructure the Fiscal Responsibility and Budget Management Act and oversee its implementation. ....

Jammu And Kashmir , Budget Banner Et Bureau , Finance Commission , Fiscal Responsibility , Budget Management Act , Frmb Act , Budget News , 15th Finance Commission , Finance Minister , Nirmala Sitharaman , Budget 2021 , Budget Update , ஜம்மு மற்றும் காஷ்மீர் , பட்ஜெட் பதாகை மற்றும் பலர் பணியகம் , நிதி தரகு , நிதி பொறுப்பு , பட்ஜெட் மேலாண்மை நாடகம் , பட்ஜெட் செய்தி , நிதி அமைச்சர் , பட்ஜெட் புதுப்பிப்பு ,

ET Budget 2021 special edition: The Roaring 20s

ET Budget 2021 special edition: The Roaring 20s
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Last Updated: Feb 03, 2021, 03:22 PM IST
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2020s can be a roaring decade for India, and it could start with this budget. Just as the 1920s boom followed the Spanish Flu, a 2020s boom will come after covid.
To design our edition for a budget that may set India’s course for 2020s, we looked back 100 years, to 1920s, and to another big, messy democracy with a vibrant entrepreneurial culture, America. America of 1920s was roaring because its economy and stock market boomed – everything else, the fashion, the music, and the parties followed from that. 2020s can be a roaring decade for India, and it could start with this budget. And just as the 1920s boom followed the Spanish Flu, a 2020s boom will come after covid. Iconic photos of the Roaring 20s in this special edition are a nod to both an extraordinary era in the past and the extraordinary promise of the future. ....

United States , Budget Banner Et Bureau , Spanish Flu , ஒன்றுபட்டது மாநிலங்களில் , பட்ஜெட் பதாகை மற்றும் பலர் பணியகம் , ஸ்பானிஷ் காய்ச்சல் ,

Independent operator in pipeline to manage gas distribution

Independent operator in pipeline to manage gas distribution
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Last Updated: Feb 02, 2021, 12:20 PM IST
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“An independent gas transport system operator will be set up for facilitation and coordination of booking of common carrier capacity in all natural gas pipelines on a non-discriminatory, open-access basis,” finance minister Nirmala Sitharaman said in her budget speech.
ET Bureau
New Delhi: The government will set up an independent operator to manage the common carrier capacity of natural gas pipelines in the country, which will induce transparency in pipeline usage, give all marketers a level playing field and help develop the country’s natural gas market. ....

India General , New Delhi , Nirmala Sitharaman , Budget Banner Et Bureau , Indian Oil , Hindustan Petroleum , இந்தியா ஜநரல் , புதியது டெல்ஹி , பட்ஜெட் பதாகை மற்றும் பலர் பணியகம் , இந்தியன் எண்ணெய் , ஹிந்துஸ்தான் பெட்ரோலியம் ,