Budget Byte

TikTok, a social network where people post short videos, often set to music, has become this generation's hit machine

Rising corporate profits and relatively unaffected salaries may help continue this trend giving a positive impetus to government spending

Efficacy of fiscal deficit is limited by revenue deficit - the lower the latter, the bigger the space for capex

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1

This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1

This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1

This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1

In the current financial year, the flow towards capex has slowed down a bit, due to the need to spend financial resources elsewhere

Though the stock market touched new highs in 2020, the PSU index was late to the party, and has barely recovered to January 2020 levels

Strategic incentives through the Budget may help boost exports.

While the actual expenditure on centrally sponsored schemes was more than the Budget estimate for FY17 and FY18, the target remained unmet in FY19 and FY20 (revised estimate)

This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1

Due to a contraction in the economy, defence spend as a share of GDP has risen in the first half of this year, touching the mark of 2%

Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth

This daily series of graphs provides context on some of the critical issues relating to the Union Budget on February 1

Though high priced than before, petrol and diesel consumption came back to pre-Covid levels in recent months

A lot of Budgetary funds get saved on subsidies in March, as off-Budget small savings replace them. It remains to be seen how it goes this year

Here is an interesting graphic explaining the growth and spending story

Gross value added by agriculture did not dip in 2020-21; rather, it was the only sector that showed growth