In his pre-recorded address for the sixth Governing Council virtual meeting of Niti Aayog, the senior Congress leader also proposed that states are consulted before deciding the priority list for COVID-19 vaccination

Persistent negative growth in rural wages and soaring corporate profits accompanied by job and wage cuts demonstrate a clear disconnect between growth/profits and wellbeing of ordinary Indians

The FMCG snapshot for the months of October-December 2020 released by NielsenIQ's retail intelligence team says that India's metropolitans have sprung back into the positive growth zone in the December quarter, after two quarters of decline

About 8,500 FPOs have been promoted in the country by various agencies with 4,868 of them by NABARD alone, its chairman Dr G R Chintala told reporters at the Tamil Nadu Agricultural University (TNAU)

RBI's database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses serious macro-financial risks to the economy

Fiscal deficit of 6.8 per cent of GDP in FY22 is achievable, says Ind-Ra, though, like FY21, it depends on Centre achieving disinvestment target of Rs 1.75 lakh crore in FY22

In the financial year 2020-21, the Indian rupee (INR) has appreciated by 3.53 per cent till February 2, 2021, as per the information provided by Reserve Bank of India, Thakur said in a written reply to Rajya Sabha

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22

Bank credit growth shows signs of uptick, backed by retail and agri loans, but is expected to remain muted in FY21 due to asset quality pressures

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

In general, the United States welcomes steps that would improve the efficiency of India's markets and attract greater private sector investment, a State Department spokesperson said

Be it extended agri-credit targets, increased provision for rural infrastructure development or the setting up of five fishing economic hubs, captains of India Inc are hoping that these measures would significantly help in stepping up consumption

Union Budget 2021: It is anticipated that the government may roll out its ambitious DBT for fertiliser, offering direct subsidy transfer into the accounts of farmers. Timely release of the additional allocation for the fertiliser will enable clearance of the subsidy backlog

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

India has no data on jobs lost and businesses shut; no estimate of how many would have slipped into poverty or how income, health and education inequalities would have risen due to the pandemic. How will the Budget 2021 allocate resources appropriately to revive growth and bring development?

For people to benefit, the budget needs overhauling to create jobs; revive small businesses; address poverty and health and education deprivations. Pursuing the existing paradigm of growth may push GDP and stock markets up without improving the living standards of the vast majority

According to the Survey, the reforms in agriculture that are being brought about through these laws have been sought by various expert committees for the last 20 years

This Budget will be game changer says BJP spokesperson Gopal Krishan Agarwal

\"While it is difficult to reduce the economic cost of food management in view of rising commitment towards food security, there is a need to consider the revision of CIP to reduce the bulging food subsidy bill,\" says Economic Survey 2020-21