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 the prevailing uncertainties.
The government thinks spending money on infrastructure is a self-serving economic activity to spur growth. A look at allied economic processes may not support the government contention fully
The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
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.
Risks around the sustainability of the downward debt trajectory were a key factor behind Fitch's decision to maintain a 'negative' outlook on sovereign when it affirmed India's 'BBB' rating in November 2021.
After finance minister Nirmala Sitharaman announced cryptocurrencies as assets to be taxed at 30 per cent, her finance secretary T.V. Somanathan clarifies that the government is still undecided about what to do with this...
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 transition to appropriate technologies -- all of which are linked...
The report states that despite raising the capital expenditure, the budget fails to address the major issue of consumption—both private consumption and household consumption.
Under the Kisan Drone Programme, UAVs can be used for land surveys, crop assessment, and insecticide spraying, which will translate to a remarkable...
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...
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,...
Digitalisation, financial inclusion and MSME support are the prongs of the budget for the financial sector
Despite an increase in allocation of funds for the Department of Empowerment of Persons with Disabilities, activists feel Budget 2022 failed to meet the needs...
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.
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...
In her budget presentation, the Union finance minister emphasised on the government spending worth Rs 7.5 lakh crore in FY23, but who is buying vehicles to...
Gross domestic product (GDP) in dollar terms has already crossed $3 trillion, he said during the Finance Minister's post Budget interaction with media.
Gasification of coal is a process in which coal is partially oxidated by air, oxygen, steam or carbon dioxide under controlled conditions to produce a fuel...
Finance Minister Nirmala Sitharaman in her Budget Speech proposed to replace the existing law governing SEZs with new legislation to enable states to become...
The amount includes expenditure for the Prime Minister's Office, National Security Council Secretariat, office of the Principal Scientific Advisor and...
The government’s push for electric vehicles fits into the larger scheme of combating carbon emissions.
Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday said the PM Gati Shakti National Master Plan is a transformative approach for economic...
Sitharaman's fourth Budget in a row neither tinkered with tax slabs nor raised the standard deduction, which was widely expected in view of elevated inflation...
The domestic forging industry on Tuesday said the Union Budget 2022-23 does not offer much for the automotive sector but its focus on investing more in...
