The Centre is expected to announce a slew of measures within a week to boost foreign capital inflows and stem outflows, in a move that will help support the rupee and make it easier to finance a widening current account deficit.
Read here: https://t.co/5WFK9J2Hc0
Cabinet on Tuesday approved JJM 2.0
FE reported this on Monday
Jal Jeevan Mission to undergo major upgrade https://t.co/I427rktjxI via @FinancialXpress
@nsitharamanoffc FM Sitharaman's 9th consecutive Budget, one short of making record! Morarji Desai holds the record of presenting 10 budgets, but not consecutively.
"Manufacturing emphasis is like a coin. One side is large, scalable, export-oriented projects with many jobs. All these are being supported through PLI.
The other side is MSMEs, and their intent is to make champions out of the medium-sized industries. Medium enterprises often do not grow for fear of losing MSME benefits.
We want them to grow, and we are assuring them they won’t lose benefits.
We will support them with sovereign guarantees, professional support, equity, and liquidity, so that they grow into becoming champions."
Smt @nsitharaman in an interview with @FinancialXpress. #ViksitBharatBudget
Read the full interview here:
https://t.co/bKVaGTASZA
"Reforms don’t happen only through the Budget, they are continuous. So, the Budget need not be the only instrument or platform through which we got all this (strong macroeconomic fundamentals). Now, it happens even without it. If I were more aggressive on deficit reduction, the same critics would say I’m constricting growth.
Revenue buoyancy will take a while to pick up because I have given Rs 12 lakh (I-T exemption), GST cuts, and so on. I see signs of (revenue) improvement, but I must balance growth and fiscal discipline."
Smt @nsitharaman in an interview with @FinancialXpress. #ViksitBharatBudget
Read the full interview here: https://t.co/bKVaGTASZA
"States can be more efficient in utilising the funds because now money doesn’t go to them in advance. It goes just in time. If they have spent it, they have to give their audited accounts or bills. If the utilisation certificate doesn’t reach us, we will treat it as money unspent."
Smt @nsitharaman in an interview with @FinancialXpress. #ViksitBharatBudget
Read the full interview here: https://t.co/bKVaGTASZA