Page 4 - Budget Videos

Budget with BS, Ep 2: Fiscal correction, indirect taxes, T V Narendran Q&A

Will FM Sitharaman go for a correction in fiscal deficit targets for FY23? What does T V Narendran expect from Budget 2022? Which are the most iconic Indian Budgets? All answers here

2022 Budget with BS, Ep 1: The backdrop, fiscal deficit, and Naushad Forbes Q&A

What is economic and political backdrop of Budget 2022? What is Naushad Forbes' prescription for an inclusive Budget? What will be India’s fiscal deficit? Get answers in this episode of Budget with BS

PM Modi on how govt will use funds from privatisation, asset monetisation

Prime Minister Narendra Modi on February 25 made a strong case for privatisation of public sector undertakings that he said burdened the taxpayer, and stressed that the government has “no business to be in business”. He said his regime has set a target to monetise 100 PSUs in oil, gas, airports, ports, power, among other areas, which will draw Rs 2.5 trillion of investment. Watch the video for PM Modi’s full speech.

Equalisation levy: Objective, Budget proposal and impact

The provision of an equalisation levy has rattled the Industry. Many businesses are planning to move court over the changes proposed in the Budget. In an exclusive interview with Business Standard’s Dilasha Seth, former CBDT member Akhilesh Ranjan, who was instrumental in the introduction of equalisation levy in 2016, explain in detail the objective of the levy and why it is needed. Watch the video.

BS Views of the Week: A pro-growth turn in government policy

From why this budget session of Parliament signals a new turn in our national politics to the potential impact of PLI schemes on economic growth, here is what Business Standard columnists wrote this week.

FM Sitharaman's speech in the Rajya Sabha

Finance MNinister Nirmala Sitharaman's replying to the discussion on Union Budget in the Rajya Sabha on February 12

How will we give jobs? PM Modi's strong pitch for privatisation

Prime Minister Narendra Modi on Wednesday stressed on the private sector's vital role in the economy and asserted that the culture of 'abusing' it for votes is no longer acceptable. If the public sector is important, the role of the private sector is also vital, he said during his reply in Lok Sabha to the discussion on the motion of thanks to the President's address. Watch the video for more.

National Bad Bank: What it is and how it will work

Amid calls for the formation of a bad bank, Finance Minister Nirmala Sitharaman proposed the creation of the special vehicle to house the bad debt in the Union Budget announced last week. Creation of a special vehicle to house banks' sour debts was welcomed by the majority in the industry as a move which will help state-owned lenders in conserving capital which has to be otherwise set aside as provisions. But, what is National Bad Bank and how it will work? Business Standard's Abhijit Lele explains the government's idea in detail. Watch the video for more.

BS Views of the Week: A post-contraction Budget with a difference

From the hits and misses of Finance Minister Nirmala Sitaraman's post-contraction Budget to why the Modi government has lost the battle on farm laws, here is what Business Standard columnists wrote this week.

Budget 2021: Top economic and political voices react to FM's announcements

The Union Budget presented by Finance Minister Nirmala Sitharaman evoked a mixed reactions among the political fraternity with the ruling BJP praising it as a vision for 'Aatmanirbhar Bharat' and the Opposition calling it 'let down like never before' Budget. Several politicians, both from the government and the opposition shared their opinion on Union Budget, presented by Finance Minister Nirmala Sitharaman. While BJP leaders including Union Health Minister Harsh Vardhan and UP Chief Minister Yogi Adityanath hailed the financial document, opposition leaders such as RJD’s Tejashwi Yadav criticised the government for announcing more privatisation measures. Here are the reactions of the top economic and political voices...

Clean and transparent, sure, but was it a 'never before Budget'?

Coming in the wake of the coronavirus pandemic and at a time when India's economy is witnessing an unprecedented contraction, Finance Minister Nirmala Sitharaman's Budget 2021-22 was keenly watched for policy actions to expedite growth. Most watchers feel she presented a fairly transparent Budget, but was it truly a 'like never before' Budget, as she had previously claimed it would be? Also, Chief Economic Advisor Krishnamurthy Subramanian had said we would see both (Rishabh) Pant and (Cheteshwar) Pujara inb Sitharaman's historical Budget. What did it actually turn out to be -- a Pant Budget or Pujara Budget? Business Standard's in-house policy expert and Editorial Director A K Bhattacharya and Digital Editor Shailesh Dobhal dissect Budget 2021-22 in this insightful discussion.

From 6 pillars of Budget 2021 to tax proposals: Decoding the fineprint

In her Budget speech that lasted for around 1 hour and 45 minutes, Finance Minister Nirmala Sitharaman doled out enormous amounts for railways, roadways, health care, education as well as the agriculture sector. Besides, the finance minister laid out a new import structure along with proposals for a conducive environment to usher in investments into FinTech, insurance and Start-ups. Further, the minister set aside Rs 20,000 crore for public sector bank re-capitalisation and gave a push to digital payments and research in Artificial Intelligence. Business Standard's Shrimi Choudhary analyses the key announcements made by the finance minister in this video.

Budget 2021 for sectors: Key takeaways from FM Sitharaman's speech

Finance Minister Nirmala Sitharaman on Monday proposed to unleash a massive fiscal expansion in 2021-22 on the back of fire sales and cesses, to revive India's pandemic-battered economy. Accordingly, she proposed to increase the capital expenditure by 34 per cent in Budget 2021-22 in comparison to the previous fiscal BE (Budget Estimate). In her Budget speech that lasted for around 1 hour and 45 minutes, she doled out enormous amounts for railways, roadways, health care, education as well as the agriculture sector. Watch the video for all key announcements.

What Budget 2021 has for rural India, agriculture? Explained in detail

Union Finance Minister Nirmala Sitharaman made a major announcement in the Union Budget 2020-21 related to the agriculture sector on Monday, saying that the Agriculture Infrastructure Fund would also be available for Agricultural Produce Market Committee (APMC) mandis. Sitharaman has announced to hike the target of agricultural loans (farm credit) to Rs 16.5 lakh crore in the Union budget. Apart from this, the budget for Sukshma Sinchai Yojana (micro-irrigation project) has also been doubled. Business Standard's Sanjeeb Mukherjee decodes the announcements of the finance minister and its likely impact on the agriculture sector.

Budget 2021 explained: LIC IPO announcement and what the market has liked

Budget 2021: Finance minister Nirmala Sitharaman in her Budget speech announced that the initial public offer (IPO) of Life Insurance Corporation of India (LIC) will be out in FY22. Business Standard's Samie Modak explains Finance Minister's key anno

Budget 2021 highlights: Relief for seniors above 75, other key announcements

Indian Finance Minister Nirmala Sitharaman on Monday unveiled the budget for fiscal 2021-22, that aims to shore up an economy badly-hit by the novel coronavirus pandemic. The economy is projected to contract 7.7% in the current fiscal year, although the government forecasts growth of 11% for the coming fiscal year, after a massive Coronavirus vaccination drive and a rebound in consumer demand and investments. Watch the video for major highlights

Finance Minister Nirmala Sitharaman presents Union Budget 2021-22

Finance Minister Nirmala Sitharaman will present the Union Budget 2021 on February 1. The Budget is an estimate of income and expenditure of the government for a set period of time. It is an annual financial statement of India. The Budget also documents how much money the Centre could expect to raise in the coming fiscal and how and where it would spend the money. The Budget is prepared by the Ministry of Finance in consultation with other ministries, states and experts. Ministry officials hold discussions with non-governmental organisations (NGOs), private sector and other stakeholders before preparing the Budget.

BS Views of the Week: Why can't states opposed to farm laws be allowed to accept them later?

From the enigma behind the Indian economy’s better-than-expected recovery to why Prime Minister Modi and Home Minister Amit Shah need Yogi Adityanath to win UP again, here's what Business Standard columnists wrote this week.

Fiscal slippage likely, ignore rating agencies: Economic Survey highlights

India's economic growth is likely to rebound with a 11 per cent growth in the next financial year as it makes a 'V-shaped' recovery after witnessing a pandemic-led carnage, the Pre-Budget Economic Survey said on Friday. The Gross Domestic Product (GDP) is projected to contract by a record 7.7 per cent in the current fiscal ending March 31, 2021. India witnessed its last annual contraction of 5.2 per cent in fiscal year 1979-80. watch the video for key highlights of Economic Survey.

What does Dalal Street expect from the Union Budget? Here's a lowdown

The Union Budget is just around the corner and while all Union Budgets are important, this one would be even more keenly eyed as it comes on the heels of an unprecedented pandemic that has substantially altered India's economic landscape. Led by back-to-back GDP contraction for the two quarters in FY21, India even entered 'technical recession' and rendered millions jobless. In this backdrop, Finance Minister Nirmala Sitharaman has a daunting task ahead of her to not only ramp-up growth but also create employment opportunities. Here's a quick glance at 5 things, D-Street is expecting from the Union Budget.