Author: Aruna Sharma

(FE) Given the current low coverage of MSME’ Udyog registrations on MSME portal, scope of MSME services on this portal and its interlinkages with other statutory departments shall be widened. The fiscal year is being celebrated as the Year of Millets. In this regard, additional incentives should be provided to Companies engaged in production of Millet based products including and not limited to PLIs in this sector: Nischal S Arora, Partner, Nangia Andersen LLP

(FE) Start-ups to be promoted to create Drone-shakti. Government to promote Drone-as-a-service – Sandeep Jhunjhunwala, Partner, Nangia Andersen LLP

(FE) Union Budget 2022: Rs 7 lakh crore to be paid directly (DBT) under MSP to farmers. FY22 farm procurement value to be Rs 2.37 lakh crore – Finance Minister Nirmala Sitharaman

(FE) The Economic Survey released on Monday, January 31st forecasts an 8 per cent to 8.5 per cent growth in FY23. This is on top of an expected 9.2 per cent growth in the Gross Domestic Product (GDP) this year (FY22). There is an air of anticipation on what the Union budget will deliver this time. The officials from the finance minister making a presentation of the Economic survey, relied to a large extent on the high frequency indicators such as e-way bill collections and others to showcase an economy that was not just on a recovery path but also slightly…

(AU) केंद्रीय वित्त मंत्री निर्मला सीतारमण ने कहा कि पीएम गति शक्ति से अर्थव्यवस्था को मजबूती मिली है। 100 साल के लिए ढांचागत सुविधाएं बढ़ाई जाएंगी। कोरोना संकट के बीच हमारे टीकाकरण अभियान की गति ने बहुत मदद की है। मुझे विश्वास है कि ‘सबका प्रयास’ के साथ हम मजबूत विकास आगे भी जारी रखेंगे। लोकसभा में वित्त मंत्री निर्मला सीतारमण ने बजट पेश करते हुए कहा कि भारत की विकास दर 9.27 फीसदी रहने का अनुमान है। उन्होंने कहा की यह विकास दर  बड़ी अर्थव्यवस्थाओं में सबसे ज्यादा है। केंद्रीय वित्त मंत्री निर्मला सीतारमण ने कहा कि पीएम गति शक्ति से अर्थव्यवस्था को…

(LiveMint) Finance Minister Nirmala Sitharaman is presenting her fourth Union Budget in Parliament. Union Budget 2022 comes at a crucial juncture for the public and policymakers alike for the following reasons: 1) upcoming elections in five states, 2) looming omicron threat, 3) nascent economic recovery, and 4) key numbers like fiscal deficit, tax collection, and spending outlook. Prime Minister Narendra Modi-led govt expects to lead the world in economic growth this year in a post-pandemic bounceback, according to Economic Survey 2022.

(NDTV) वित्त मंत्री निर्मला सीतारमण (Nirmala Sitharaman) ने मंगलवार को संसद में आम बजट 2022-23 (Union Budget 2022) पेश किया. यह मोदी सरकार के दूसरे कार्यकाल का चौथा बजट है. डिजिटल बजट पेश कर रहीं वित्तमंत्री निर्मला सीतारमण ने कहा कि 2014 के बाद से सरकार का ज़ोर नागरिकों विशेषकर गरीबों को सशक्त करने पर है. बजट पेश करते हुए वित्त मंत्री ने कहा कि अब तकनीक से जुड़े विकास पर सरकार का ध्यान है. हम चुनौती उठाने की मज़बूत स्थिति में हैं. बजट के बीच शेयर बाजार में अच्छी खासी तेजी देखी जा रही है. महामारी और उसके पहले से चली आ रही चुनौतियों से प्रभावित आर्थिक गतिविधियों को तेज…

(CNBC) Union Finance Minister Nirmala Sitharaman has reached Parliament after meeting President Ram Nath Kovind. She is set to set to present her fourth Budget today — February 1 — for the financial year 2022-23 amid an ongoing third wave of omicron-led coronavirus and volatile stock markets as inflation worries weigh on the sentiment. The Union Budget or the Annual Financial Statement as specified in the Article 112 of the Indian Constitution will be presented in Parliament at 11 am.  and the Finance Minister’s Budget speech is likely to range from 90 minutes to 120 minutes. The salaried class expects…

Appointments Committee of the Cabinet (ACC) today has approved the proposal of the Ministry of Petroleum & Natural Gas for entrustment of additional charge of the post of Chairman & Managing Director (CMD), Oil & Natural Gas Corporation Limited (ONGC) to Dr. Alka Mittal Director (HR), ONGC for a period or six months w.e.f 01.01.2022. As Alka Mittal  appointed to Additional Charge of CMD, ONGC, she becomes first woman CMD of oil major since inception. Post of CMD ONGC was vacant since January 1, 2022, after the superannuation of Subhash Kumar on December 31, 2021. Due to this government  now…

(ET) Abu Dhabi state-owned Chemicals Derivatives Company (TA’ZIZ) and Indian conglomerate Reliance Industries have agreed to start a more than $2 billion chemical production partnership in Ruwais, Abu Dhabi, TA’ZIZ said in a statement . The joint venture, called TA’ZIZ EDC & PVC, will construct and operate a chlor-alkali, ethylene dichloride (EDC) and polyvinyl chloride (PVC) production facility, the statement said. The JV aims to export the materials to target markets in Southeast Asia and Africa as well as selling them domestically. “Representing the first production of these chemicals in the UAE, the project will enable the substitution of imports…