Page 7 - Economic Stimulus

Post stimulus, fiscal deficit of Centre, states to be at 12% of GDP: Report

In the case of states, the fiscal gap will rise by 200 bps after the Centre hiked the borrowing limit of states to 5 per cent of GSDP on Sunday

Deep Dive with AKB - Stimulus package: No fiscal excesses, but growth prospects remain dim

Imposing pointless conditions on loans will stifle States: Tamil Nadu CM

Palaniswami was referring to conditions put forward by Centre to raise borrowing limits from 3% to 5% of GSDP for this financial year

Coronavirus LIVE: Maharashtra reports record daily spike of 2,347 cases

Coronavirus LIVE updates: Stay tuned with Business Standard for LIVE updates on Covid-19 cases and death toll across the world

FM's economic vaccine: Final tranche is high on reforms, low on stimulus

State borrowing limit raised to 5%, but conditions apply

Stimulus 2.0: Rs 40,000-crore boost to MGNREGS was a work in progress

The sum was debated and it became clear it would have to be similar in scale to the support given under the Pradhan Mantri (PM) Garib Kalyan Yojana (PMGKY)

Tourism, restaurant sectors unhappy with no provisions in stimulus package

Online ordering of food has taken a hit as most restaurants and hotels continue to remain closed due to lack of labour or the increased risk to the staff due to the coronavirus

The stimulus and beyond: Is a stronger demand support called for?

More demand-oriented measures may yet be introduced as we are still in the early stages of coping with the economic impact of Covid-19

Participation of private players in space to help sector: Kawa's Kris Nair

As India becomes more and more self-reliant in the dual use of space, young startups like Kawa Space now have an opportunity to collaborate with the nation

The stimulus and beyond: is a stronger demand support called for?

More demand-oriented measures may yet be introduced as we are still in the early stages of coping with the economic impact of Covid-19

Power engineers oppose FM's move to privatise power discoms in UTs

Dubey claimed the central government was looking at abolishing the subsidy and cross subsidy in the supply of electricity, which would make the commodity more expensive for the general consumer

Govt to privatise non-strategic PSUs, suspend new bankruptcy filings

Sitharaman also raised the allocation for the employment guarantee scheme by Rs 40,000 crore over and above the Rs 61,000 crore budgeted for MGNREGS

Economic stimulus includes Rs 8 trillion liquidity measures by RBI: FM

The stimulus totals to Rs 20.97 trillion, she said, adding this also comprises the Rs 1.92 trillion package of free foodgrain and cooking gas to poor

Covid-19 stimulus: Centre allows states to borrow up to 5% of their GSDP

Revenue deficit grants of Rs 12,390 crore were given to states on time in April and May despite the Centre's stressed resources, FM Sitharaman said

Non-strategic PSUs to be privatised; MGNREGS to get additional Rs 40,000 cr

Borrowing limit of states has been raised from 3 per cent of Gross State Domestic Product to 5 per cent in 2020-21, the finance minister said

FM gives reforms pill for ailing economy with privatisation, policy tweaks

In the latest announcement, the government's focus was on structural reform in sectors such as coal, minerals, aviation, defence, aerospace, power, and social infrastructure

Power distribution companies in UTs to be privatised, says Finance Minister

Sitharaman said privatisation of discoms will lead to better service to consumers and improvement in operational and financial efficiency in power distribution

Sitharaman announces commercial mining of coal on revenue sharing basis

Sitharaman said commercial mining will be done on revenue sharing mechanism instead of the regime of fixed rupee/tonne.

FM LIVE: Govt ends coal mining monopoly, allows pvt firms in space research

On Friday, the government unveiled 11 measures aimed at supporting agriculture and farmers including an impetus on the fisheries sector

Animal husbandry infra development fund to add 50% more dairy capacity

Utilisation of the fund will lead to employment generation for over three million people in the rural economy, says GCMMF chief