Economy – Page 153 – Asian News from UK

FM hikes Capex by 34.5% in FY22

Accordingly, the FM proposed to increase the capital expenditure to Rs 5.54 lakh crore from Rs 4.12 lakh crore in BE FY21….reports Asian Lite News Finance Minister Nirmala Sitharaman on Monday proposed

February 1, 2021

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‘Procurement of crops to continue at the minimum support price’

Finance Minister Nirmala Sitharaman on Monday said farmers are getting 1.5 times of the minimum support price (MSP) on procurement of foodgrains. In her Budget speech, the Finance Minister said procurement of

February 1, 2021

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BUDGET 2021: Nirmala replaces ‘bahi khata’ with ‘Made in India’ tablet

In a significant change amid digitalisation, Finance Minister Nirmala Sitharaman this year unveiled a ‘Made in India’ tablet replacing the traditional briefcase before presenting Budget 2021. With the move aimed at a

February 1, 2021

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Economic Survey stresses on providing more fiscal support

It suggested that to ensure that the economy remains in good health to avail the full benefit of these significant reforms, the “economic bridge” between the medium and long-term has to be

January 29, 2021

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Indian Economy May Take Two More Years To Bounce Back

Contrary to expectations of a faster growth in FY22 helping to shave off the sharp GDP contractions this year, the Indian economy will take at least two more years to return to

January 29, 2021

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‘Pandemic led to ‘V’-shaped economic recovery’

India’s timely and stringent lockdown to curb the spread of Covid-19 pandemic led to the ‘V’-shaped economic recovery, said the Economic Survey 2020-21. The document was tabled by Finance Minister Nirmala Sitharaman

January 29, 2021

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India’s GDP estimated to contract by 7.7 %

India’s GDP is estimated to contract by 7.7 per cent during the current fiscal, said the Economic Survey 2020-21 on Friday. The document which was tabled by Finance Minister Nirmala Sitharaman in

January 29, 2021

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‘Govt will take every step to fulfill people’s expectations’

Prime Minister Narendra Modi on Friday said the Budget Session 2021 is a golden opportunity to fulfill the dreams of our freedom fighters. Modi was addressing the media before the Presidential address

January 29, 2021

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UN predicts revival of Indian economy

The United Nations sees the Indian economy recovering by 7.3 per cent this calendar year after a coronavirus-driven fall of 9.6 per cent last year…writes Arul Louis. The UN’s World Economic Situation

January 26, 2021

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Biden’s $1.9Tn relief package unveiled

US President-elect Joe Biden has unveiled a $1.9 trillion Covid-19 relief bill, which includes another round of direct payments to individuals, aid for state and local governments, increased unemployment benefits, as well

January 15, 2021

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Economy - Page 153