The Economic Survey 2020/21 suggests that big spends in infrastructure and healthcare should be the government's priority to speed up post-pandemic recovery. Debt, according to the Survey, is not necessarily bad if borrowing more means faster growth
In spite of criticism and Opposition jibes, the Centre commits itself to selling most PSUs; sets ambitious disinvestment target for FY22
With record healthcare expenditure and allocations focussing on mitigating the impact of Covid-19, it's a shot in the arm for the sector
FM bets big on infrastructure with focus on asset monetisation and sharp rise in allocations to highways and railways
The Budget focuses on growth to create jobs but lacks holistic measures to solve the problem of massive unemployment
The FM has set the stage, but timely execution is critical
Dalal Street gave a big thumbs-up as Finance Minister Nirmala Sitharaman shifted gears towards demand generation in the economy, without raising taxes
Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget
Income-tax slabs unchanged, but small taxpayers will enjoy procedural relief in filing ITR and resolution of disputes; High-income earners may feel the pinch though
The policy for $6-billion-per-annum domestic vehicle scrapping and recycling market has raised hopes of sustainable recovery for the down-and-out automobile industry