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Total 195 results found. Search for [ expenditure announcements ]

Results 1 to 21 of 195
Mudit Kapoor
May 18, 2020
Fiscal impact, or cost to government, of the relief package for coronavirus - touted to be worth Rs 20.97 lakh crore - is in the range of Rs 1.5- Rs 3.08 lakh crore, according to top ratings agencies


BusinessToday.In
New Delhi, May 18, 2020
\"A fiscal stimulus of Rs 1,86,650 crore amounting to barely 0.91 per cent of GDP will be totally inadequate given the gravity of the economic crisis and the dire situation in which people find themselves,\" Chidambaram said


Manoj Sharma
New Delhi, May 18, 2020
Considering huge losses in revenue, SBI expects states to at least strip its estimated budgeted capital expenditure for FY21 of Rs 8.8 lakh crore by 50 per cent, if not more


BusinessToday.In
New Delhi, May 17, 2020
FM Nirmala Sitharaman has presented the breakup of the Rs 20 lakh crore stimulus package of the government in 5 tranches. She announced a series of regulatory reforms for sectors such as mining, power, airports, defence production, and atomic energy. Further announcements made on May 17 include a series of steps to provide employment opportunities for migrant workers, as well as material changes in bankruptcy rules, companies act among others. However, what is now critical is the speed with which the government acts on public expenditure. Business Today Editor, Rajeev Dubey, explains.After General Atlantic deal, US firms to own 13.82% stake in Jio Platforms


Dipak Mondal
New Delhi, May 17, 2020
A Barclays report suggests that in the five tranches of announcements, the actual fiscal impact is to the tune of Rs 1.5 lakh crore including the largest single additional cost of Rs 40,000 crore due to higher allocation to MNREGS


BusinessToday.In
New Delhi, May 17, 2020
India's fiscal deficit will rise from the targeted 3.5% to 6% of GDP in FY21. Barclays has pegged consolidated government deficit (Centre and State) at 12% of GDP, compared to 8% earlier, implying overall borrowing need of close to Rs 25 lakh crore


BusinessToday.In
May 17, 2020
Finance Minister Nirmala Sitharaman said that the Centre has committed Rs 15,000 crore for health-related measures so far to contain COVID-19 outbreak


BusinessToday.In
New Delhi, May 17, 2020
Sitharaman Speech Live Updates on Economic Package: With an eye on further enhancement of Ease of Doing Business Government announces suspension of fresh initiation of insolvency proceedings up to one year


Nirbhay Kumar
May 16, 2020
Finance Minister had a slew of big bang announcements that are bound to get investors' attention, not so much for common man who is suffering daily hardships


Reuters
May 16, 2020
Centre has announced a variety of steps for small businesses, street vendors, farmers and poor migrants, but they have largely been either credit guarantee schemes or new fund creations to be shouldered by banks and financial institutions


Manoj Sharma
New Delhi, May 15, 2020
Lower revenues and higher expenditure in the wake of COVID-19 pandemic will leave an overall fiscal deficit dent of Rs 16 lakh crore (8 per cent of revised estimates of GDP) in FY21, says SBI Ecowrap report


BusinessToday.In
New Delhi, May 14, 2020
FM Nirmala Sitharaman Speech on Economic Package Live Updates: Free Food grain supply to migrants for 2 months; about 8 crores migrants to benefit from this; Rs 3,500 crore will be spent on this intervention for 2 months


Niti Kiran
May 13, 2020
Demand for a large fiscal stimulus had been emerging from various quarters and the size of the second fiscal measure is much larger than anticipated, but anticipated fall in revenues pose an uncomfortable question


Rahul Shrivastava
New Delhi, May 9, 2020
To prepare the financial system for the big move next, Finance Minister Nirmala Sitharaman will meet CMDs and CEOs of public sector banks on Monday


PTI
April 16, 2020
Modi held discussions with Finance Minister Nirmala Sitharaman as the pandemic hit sectors from small industries to the aviation sector hard with millions of jobs at stake


Dipak Mondal
New Delhi, April 1, 2020
What the centres package to combat corona crisis will do to India's already struggling economy


Mansi Jaswal
March 20, 2020
Countries around the world have allocated $12.3 trillion so far to fight the COVID-19 epidemic


Mansi Jaswal
March 19, 2020
Coronavirus outbreak:  As many as 19 nations have announced rescue packages to companies hit by COVID-19, so far


PTI
February 29, 2020
Punjab Budget 2020: Punjab Finance Minister, Manpreet Singh Badal announced payment of 6% Dearness Allowance arrears to employees next month which would involve financial outgo of Rs 1,000 crore. 


Kunal Sanghavi
February 12, 2020
While the government divests its stake in LIC, it should also shoulder the responsibility of creating other huge profit-making companies with large market capitalisation, whose reserves can support the Indian economy for key investments and in times of distress as well


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