BUSINESS
Budget 2023: Capex bazooka to keep GDP growth all fired up
A good balancing act that gives impetus to growth drivers while sticking to the fiscal consolidation path
BUSINESS
Budget 2022 focuses on growth boosting high multiplier capital, infra spending
The government has allocated Rs 2.1 trillion for food subsidy and Rs 730 billion for the MNREGA programme. While both these amounts are expectedly lower than the FY2022 levels, it will likely raise the allocation on these accounts if warranted during the course of the year
BUSINESS
Budget 2020 may spell out steps to implement the next phase of DBT
The budget may spell out steps regarding the implementation of the next phase of Direct Benefit Transfer and integration with various schemes like Soil Health Card scheme
BUSINESS
Budget 2019: Unlikely to be progressive for oil & gas sector as fiscal math frail
The industry has been demanding that the government consider reducing the minimum alternate tax rate for E&P operations, which at about 20% of book profits is a significant deterrent for investment.
