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Thrifty Budget: Massive spending spree proposed to unleash growth

Thrifty Budget: Massive spending spree proposed to unleash growth

🕔22:17, 1.Feb 2021

New Delhi, Feb 1 (IANS) The Centre will go in for a massive spending spree on infrastructure creation, healthcare, education and demand generation to revive India’s pandemic-battered economy. In her third budget presentation in the Parliament on Monday, Finance Minister Nirmala

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Food items and fertilizer subsidies hiked, petroleum subsidy cut

Food items and fertilizer subsidies hiked, petroleum subsidy cut

🕔20:29, 1.Feb 2021

New Delhi, Feb 1  In line with its claim to work for the interests of the villages, poor people and the farmers, the Modi government has hiked food and fertilizer subsidies in the Budget. However, petroleum subsidy has been cut

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Green activists hail budget policy on green hydrogen

Green activists hail budget policy on green hydrogen

🕔20:22, 1.Feb 2021

New Delhi, Feb 1  Environment activists and experts on Monday said the Budget announcements that India will soon have a policy on green hydrogen is a welcome step but expressed displeasure over lack of policy on closing inefficient coal plants

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Summary of the Budget 2021-22

Summary of the Budget 2021-22

🕔17:47, 1.Feb 2021

PART-A The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19

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KEY HIGHLIGHTS OF UNION BUDGET 2021-22

KEY HIGHLIGHTS OF UNION BUDGET 2021-22

🕔17:46, 1.Feb 2021

Presenting the first ever digital Union Budget, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman stated that India’s fight against COVID-19 continues into 2021 and that this moment in history, when the political, economic, and strategic relations in the post-COVID world are

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Health sector hails increased allocation, new schemes in Budget

Health sector hails increased allocation, new schemes in Budget

🕔17:45, 1.Feb 2021

Hyderabad, Feb 1  Leading health sector players on Monday hailed the Union Budget 2021-22 for increased allocation to the sector and new schemes. Healthcare providers welcomed the announcements made by Finance Minister Nirmala Sitharaman to give a push to the

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Government slashes 2021-22 sports budget by Rs.230 crore

Government slashes 2021-22 sports budget by Rs.230 crore

🕔17:44, 1.Feb 2021

New Delhi, Feb 1  In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports budget for the next financial year 2021-22, less by Rs.230.78 crore — or, 8.16 per cent — allocated in

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Budget proposals for start-ups to boost ‘ease of doing business’

Budget proposals for start-ups to boost ‘ease of doing business’

🕔17:41, 1.Feb 2021

New Delhi, Feb 1  With the Union government deciding to extend tax holiday claim for start-ups by one more year and incentivise the incorporation of one-person companies (OPCs), stakeholders in the industry have welcomed the moves, saying they will promote

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No rise in retail petrol/diesel prices despite new cess in Budget

No rise in retail petrol/diesel prices despite new cess in Budget

🕔17:40, 1.Feb 2021

New Delhi, Feb 1  The government on Monday imposed agriculture and infrastructure development cess at the rate of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel to mobilise additional resources required for massive investment required

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Modi congratulates Sitharaman for Budget presentation

Modi congratulates Sitharaman for Budget presentation

🕔17:39, 1.Feb 2021

New Delhi, Feb 1  Prime Minister Narendra Modi on Monday congratulated Finance Minister Nirmala Sitharaman for her marathon 110-minute Budget speech and also inquired about her health soon after she completed her presentation. The Finance Minister began her Budget speech

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Soma Mondal, Chairman, SAIL on Union Budget 2021-2022

Soma Mondal, Chairman, SAIL on Union Budget 2021-2022

🕔17:31, 1.Feb 2021

The Budget for 2021-22 has put emphasis on accelerating the growth momentum of the country by targeting infrastructural growth including road, rails, urban, power, ports, shipping etc. The National Infrastructure Pipeline (NIP) incorporates 500 more new projects. The creation of

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Statement of CH S. S. Mallikarjuna Rao, MD & CEO, Punjab National Bank for Union Budget 2021-22

Statement of CH S. S. Mallikarjuna Rao, MD & CEO, Punjab National Bank for Union Budget 2021-22

🕔17:29, 1.Feb 2021

We welcome the measures announced by Finance Minister in Union Budget 2021-22. The budget rightly strikes a reasonable balance between addressing the key pillars of Health & Well-being, Inclusive Development, Human Capital, Innovation and R&D, apart from laying the path

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RECORD OUTLAY OF ` 1,10,055 CRORE FOR RAILWAYS – CAPEX at Rs 1,07,100 CRORE

RECORD OUTLAY OF ` 1,10,055 CRORE FOR RAILWAYS – CAPEX at Rs 1,07,100 CRORE

🕔14:31, 1.Feb 2021

By TN Ashok New Delhi, Feb 01 , 2021 : The Indian Railways has received a record outlay of ` 1,10,055 crore, of which ` 1,07,100 crore is for capital expenditure, Union Minister of Finance and Corporate Affairs Ms . Nirmala Sitharaman said while presenting

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CAPEX Increase of 34.5 % Totaling Rs. 5.54 LAKH CRORE

CAPEX Increase of 34.5 % Totaling Rs. 5.54 LAKH CRORE

🕔14:30, 1.Feb 2021

By TN Ashok New Delhi , Feb 01 29021 : Union Minister for Finance & Corporate Affairs, Ms. Nirmala Sitharaman announced a sharp increase in capital expenditure with BE(Budget Estimate) of Rs 5.54 lakh crore which is 34.5% more than

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DISINVESTMENT OF BPCL, AIR INDIA, SCI, CCi, IDBI, BEML, PAWAN HANS, TO BE COMPLETED IN 2021-22

DISINVESTMENT OF BPCL, AIR INDIA, SCI, CCi, IDBI, BEML, PAWAN HANS, TO BE COMPLETED IN 2021-22

🕔14:29, 1.Feb 2021

PRIVATISATION OF TWO PUBLIC SECTOR BANKS AND ONE GENERAL INSURANCE COMPANY TO BE TAKEN UP IN FY 2021-22 IPO OF LIC TO BE BROUGHT IN THROUGH REQUISITE AMENDMENTS Rs. 1,75,000 CRORES ESTIMATED AS RECEIPTS FROM DISINVESTMENT : FINANCE MINISTER By

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No fresh income taxes, customs duties upon host of items

No fresh income taxes, customs duties upon host of items

🕔14:28, 1.Feb 2021

Massive revenue-raising effort of Rs 2.8 billion to meet post-COVID pandemic challenges FDI in Insurance sector up to 74% from 49%, Big-ticket LIC IPO coming, and disinvestment in Air India and BPCL to be completed in FY 2021-22 to raise

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GOVERNMENT TO INTRODUCE SINGLE SECURITIES MARKETS CODE

GOVERNMENT TO INTRODUCE SINGLE SECURITIES MARKETS CODE

🕔14:27, 1.Feb 2021

CAPITAL INFUSION OF Rs 1,000 CRORE TO SOLAR ENERGY CORPORATION OF INDIA AND Rs 1,500 CRORE TO INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY By TN Ashok New Delhi, Feb 01 2021: The Union Minister for Finance & Corporate Affairs, Smt. Nirmala

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WELLBEING ALONG WITH HEALTH FORMS ONE OF THE 6 CRUCIAL PILLARS OF AATMA NIRBHAR BHARAT

WELLBEING ALONG WITH HEALTH FORMS ONE OF THE 6 CRUCIAL PILLARS OF AATMA NIRBHAR BHARAT

🕔14:26, 1.Feb 2021

JAL JEEVAN MISSION (URBAN) ANNOUNCED WITH AN OUTLAY OF Rs. 2,87,000 CRORE Rs. 1,41,678 CRORE ALLOCATED TO URBAN SWACHH BHARAT MISSION 2.0 Rs. 2,217 CRORE TO TACKLE THE BURGEONING PROBLEM OF AIR POLLUTION VOLUNTARY VEHICLE SCRAPPING POLICY ANNOUNCED By TN

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CONCILIATION MECHANISM FOR QUICK RESOLUTION OF CONTRACTUAL DISPUTES

CONCILIATION MECHANISM FOR QUICK RESOLUTION OF CONTRACTUAL DISPUTES

🕔14:25, 1.Feb 2021

By TN Ashok New Delhi, Feb 01 2021 :  The Finance Minister Ms. Nirmala Sitharaman today outlined plans for reforms in ease of doing business for those who deal with Government or CPSEs, and carry  out contracts, by setting up a

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Dividend payments to REITs, InvITs exempted from TDS

Dividend payments to REITs, InvITs exempted from TDS

🕔14:24, 1.Feb 2021

New Delhi, Feb 1  The government has decided to exempt dividend payments to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) from tax deduction at source (TDS). Presenting the Union Budget FY22, Finance Minister Nirmala Sitharaman said that

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