Among different speculations, experts believe it would be interesting for India to have its own central bank digital currency (CBDC), because of the many advantages of wholesale CBDC
Sitharaman also defended the handling of inflation but acknowledged the ongoing war in Russia and Ukraine has posed fresh challenges
Nageswaran, who joined as the CEA days ahead of the budget presentation, said the assumptions on growth and revenue mop-up are prudent because they internalise...
Prime Minister Narendra Modi urged people to visit border villages to impart a degree of vibrancy to sparsely populated regions along the country's frontiers.
Stating that technology has helped the government make payments to the affected people during the pandemic, Sitharaman said it is also looking at how digital...
Overall, the gross budgetary support for the Department of Posts has been pegged at Rs 36,395.89 crore for 2022-23, against Rs 35,173.27 crore in fiscal...
Without naming Gandhi, she referred to the Congress leader's remarks on poverty to counter the criticism from Opposition leaders, including former finance...
It has been a custom that the finance minister addresses the RBI board, consisting of the RBI Governor and existing four deputy governors, after the budget.
The “green economy’ has been referred to as a “sunrise economy” with a potential for job creation as has been the circular economy transition and the...
Singh said he has had the opportunity of being present at all the 10 budgets presented by the Modi government, including the Vote on Account presented by Arun...
The report states that despite raising the capital expenditure, the budget fails to address the major issue of consumption—both private consumption and...
Finance Minister Nirmala Sithaharaman in her Budget 2022-23 hiked public investment by as much as 35.4 per cent to Rs 7.5 lakh crore or 2.9 per cent of the...
Digitalisation, financial inclusion and MSME support are the prongs of the budget for the financial sector
He said the central bank digital currency or the digital rupee will make online payments more secure and risk-free and boost the digital economy in the years...
For any taxpayer, it becomes extremely important to know how taxes they pay are being managed and how each rupee is being spent.
The announcements do not offer anything new or try to address the existing issues such as the huge shortage of human resources and infrastructure in education,...
Deputy CM Manish Sisodia's comments came after the central government reduced allocation for minimum support price (MSP) and also cut down the number of...
Budget 2022: The opposition parties reacted sharply against the government's economic blueprint while BJP leaders, including Union ministers, welcomed the...
According to the Union Budget 2022 allocations, the MGNREGA outlay gets slashed to Rs 73000 crore from Rs 98000 crore at a time when unemployment is high
Finance Minister Nirmala Sitharaman also announced four pilot projects for coal gasification along with other green schemes.
Private capital expenditure, and even consumption, has been muted over the years, a trend that goes back to pre-Covid days. Government expenditure may not be...
Budget 2022: Delhi CM Arvind Kejriwal said: ‘People had high expectations from the Budget during the corona period. The Budget has disappointed the people....
PM Narendra Modi said that the budget was welcomed by all sections of society and this reaction of common man has increased manifold the govt's eagerness to...
The government proposes to reduce the minimum alternative tax (MAT) for cooperative societies from current 18.5 per cent to 15 per cent at par with private...
In 2019 and 2020, 29 central labour laws were amalgamated, rationalised and simplified into four labour codes, viz., the Code on Wages, 2019; the Industrial...
