Budget 2021 LIVE Updates: Economic Survey says timely stringent lockdown ensured V-shaped recovery

Economy

January 30, 2021 / 05:15 PM IST

Ever wondered what it was like to be the Finance Minister? Now you can, with Play the FM for the Budget 2021 | Allocate the Funds

<p>Ever wondered what it was like to be the Finance Minister? Now you can, with Play the FM for the Budget 2021 | Allocate the Funds</p>

Allocate the funds and Play The FM for the Budget 2021 only on Moneycontrol. In a year like no other, how will you manage the pulls and pushes of being the FM?

January 30, 2021 / 05:11 PM IST

January 30, 2021 / 04:47 PM IST

Budget 2021 Updates | What can be done to fix the damage of gargantuan proportions, one that is immediate and also have a positive effect on the economy over the longer term? For that, it is only fair to draw up the various constituents that move the wheels of the economy- the demographic health and economic well-being, enterprise and business, markets and financial institutions, global trade and sustainability, writes Harsh Goenka. Read the full story here. 

January 30, 2021 / 04:20 PM IST

Budget 2021 LIVE Updates |  Prime Minister Narendra Modi on January 30 chaired an all-party meet ahead of the presentation of the Union Budget. In the meeting attended by Congress leader Ghulam Nabi Azad, TMC’s Sudip Bandyopadhyay, Shiv Sena MP Vinayak Raut, and SAD’s Balwinder Singh Bhunder the PM spoke at length on farmers agitation. (ANI) 

January 30, 2021 / 04:15 PM IST

What Does Government Spending In The First Nine Months Of FY21 Tell Us About Its Priorities?

What Does Government Spending In The First Nine Months Of FY21 Tell Us About Its Priorities?

There is likely to be a rejig of government spending in FY22

January 30, 2021 / 03:59 PM IST

Budget 2021 LIVE Updates | The Biju Janata Dal demands passage of contentious Women’s Reservation Bill in ongoing Budget Session of Parliament. (PTI) 

January 30, 2021 / 03:54 PM IST

Yogesh Patil Of LIC MF Says Budget 2021 Likely To Focus On Ways To Strengthen AtmaNirbhar Vision

Yogesh Patil Of LIC MF Says Budget 2021 Likely To Focus On Ways To Strengthen AtmaNirbhar Vision

The phenomenal journey of Sensex from 100 to 50000 has been enjoyed by all disciplined investors. The story has clearly highlighted the power of compounding with time, says Patil.

January 30, 2021 / 03:37 PM IST

Budget 2021 LIVE Updates | Economic Survey 2021says timely stringent lockdown ensured V-shaped recovery

Finance Minister Nirmala Sitharaman, on January 29, tabled the Economic Survey 2021 in Parliament. In the survey, the government elaborated on the V-shaped economic recovery due to timely stringent lockdown amid COVID-19.

Economic Survey 2021 mentions that India took lessons from the Spanish flu experience and implemented an early and stringent lockdown from late March to May to curb the pace of spread of COVID-19. However, it added that this step had brought the economy to a standstill for two complete months. 

Read the full story

January 30, 2021 / 03:12 PM IST

Budget 2021 LIVE Updates | Mahesh Ramamoorthy, MD- Banking Solutions, International Market, APAC, FIS said “this Government, since 2014, has encouraged digital payments, and have positioned digital enablement through financial inclusion as the cornerstone of next wave of growth. Statistics still reflect that across majority of business sectors, cash remains king. The Government in this Budget must provide significant incentives for promotion of digital payments that aims to drive cash conversion to digital”.

January 30, 2021 / 02:32 PM IST

Budget 2021 LIVE Updates | PM Modi says at all-party meeting that the government stands by the offer made by agriculture minister Narendra Singh Tomar at the last meeting with the farmer representatives: Sources told Moneycontrol 

January 30, 2021 / 02:21 PM IST

Budget 2021 LIVE Updates | Budget 2021 should boost the education sector to strengthen India’s economy

The cornerstone of any country’s development is its people; their ability to drive the country ahead – socially and economically.

And to make this happen, education is key. India is on its path to become a self-reliant US$ 5 trillion economy and to support this vision, a major responsibility rests with the current and potential youth.

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January 30, 2021 / 01:55 PM IST

Budget 2021 LIVE Updates | Government should look at reviving consumption for economic growth

This finanical year has undergone a myriad of changes, especially when it comes to the consumer buying behaviour and spending patterns. With economic pressures rising, most consumers are now cautious about their shopping expenditures, particularly their discretionary spends. Hence, we have witnessed value-conscious decisions gaining ground, if not price-conscious ones.

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