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Budget 2022-23 balanced, fiscally prudent & growth oriented: USAIC

Washington, Feb 2 (PTI) Finance Minister Nirmala Sitharaman has been able to once again come up with an impactful and visionary budget which is “balanced, fiscally prudent and growth oriented” in the midst of third wave of COVID-19, the USA India Chamber of Commerce said. “Opting to keep the fiscal deficit at 6.9 per cent [...]

A measured and pragmatic Budget 2022-23, says USISPF

Washington, Feb 2 (PTI) Congratulating Finance Minister Nirmala Sitharaman on delivering a budget that allows the government to continue supporting development while keeping an eye on fiscal deficit, the head of a top India-centric American business advocacy group described it as a “measured and pragmatic budget”. “The first principle is do no harm and the [...]

Shiv Sena, NCP flay Union Budget, ask where is relief for taxpayers?

Mumbai, Feb 1 (PTI) The Shiv Sena on Tuesday dubbed the Union Budget as "very depressing", saying it has neither given any relief to the middle class nor it has any reference to Prime Minister Narendra Modi's vision of making India a USD 5 trillion economy, while Maharashtra deputy chief minister Ajit Pawar claimed there [...]

Raj to make separate power company for agriculture: Gehlot

Jaipur, Jan 1 (PTI) Rajasthan Chief Minister Ashok Gehlot on Tuesday said that the government would make a separate power company for the agriculture sector. He said that looking at the importance of the agriculture sector, the state government has taken the decision of bringing a separate agriculture budget for the first time, through which [...]

International Road Federation welcomes Budget; ‘there was need to give impetus to infra’

New Delhi, Feb 1 (PTI) Global road safety body IRF on Tuesday welcomed the Budget and said there was a need to give impetus to the infrastructure sector in view of its capital-intensive nature. During her Budget Speech in Parliament, Finance Minister Nirmala Sitharaman made various infrastructure sector-related announcements, including expanding the network of highways [...]

5G, PLI extension, tax changes to boost domestic tech ecosystem: experts

New Delhi, Feb 1 (PTI) Budget proposals to promote technology-enabled development, energy transition and climate action through tax intervention are expected to boost the local manufacturing ecosystem, according to companies and experts. Finance Minister Nirmala Sitharaman announced rolling out 5G services in the next financial year, tax interventions for mobile phone makers, wearables and hearables, [...]

Nidhu Saxena takes charge as ED of Union Bank

Mumbai, Feb 1 (PTI) State-run Union Bank of India on Tuesday said Nidhu Saxena has assumed the charge as its Executive Director. Prior to this, Saxena was with UCO Bank as General Manager & Vertical Head (retail credit, MSME & bancassurance), a release said. He started his banking career at Bank of Baroda where he [...]

Budget fails to cheer healthcare sector as many demands unmet; mental health programme welcomed

New Delhi, Feb 1 (PTI) Leading healthcare providers on Tuesday rued that the Budget has failed to address many of the long-pending demands of the industry. Medical Technology Association of India (MTaI) Chairman Pavan Choudary said the pandemic has highlighted the scarcity of skilled healthcare workers at all levels. "We hope that through the plans [...]

Budget 2022 only web of words, no plan for capital investment in agriculture: Tikait

Noida, Feb 1 (PTI) Farmer leader Rakesh Tikait on Tuesday termed the budget 2022-23 a mere webs of words saying it lacked any vision for capital investment in agriculture. He alleged that the budget only carried words like “Amrit Mahotsav”, “Gatishakti”, “E-Vidha” without meaning much. The national spokesperson of the Bharatiya Kisan Union (BKU) said [...]
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