Tag Archives: Fiscal stimulus

To ease home buyers, the government on Thursday doubled the tax exemption limit on the price differential between the circular rate and the deal value to 20%, a key component of the new economic stimulus package of 2.65 crore which also includes easy working capital for loans to 26 sectors …

Finance Minister Nirmala Sitharaman said Thursday that global rating agency Moody’s has reassessed the country’s growth figures after noting the rapid recovery from Covid-19 in the country. “I would like to announce some new measures in the series of stimulus announcements that we have been making … there are quite …

After several rounds of discussion, the government has almost finalized the next stimulus package, the source said, adding that the size of the stimulus could be much smaller than the previously announced amount of Rs 20 lakh crore. The government may announce the reintroduction of Pradhan Mantri Rojgar Protsahan Yojna …

The government said Wednesday that it will stick to the ₹The $ 12 trillion borrowing plan it had laid out in May, a move that will help calm bond market investors who feared a further increase in the supply of government bonds to fund a second round of fiscal stimulus. …

[ad_1] By Anirban Nag and Vrishti Beniwal On the night of 12 May, Prime Minister Narendra Modi set the nation of 1.3 billion people abuzz with promises to unleash a massive stimulus to prop up an economy that faces its worst recession in decades. A week later, and after five …

[ad_1] File photo of Finance Minister Nirmala Sitharaman. (PTI) The government had budgeted Rs 7.8 lakh crore on gross market loans, in the current fiscal, but after the COVID-19 outages, last week it had announced an additional loan of Rs 4.2 lakh crore, bringing the total to Rs 12 lakh …

[ad_1] The central government has announced an economic package that supposedly represents about 10 percent of India’s gross domestic product (GDP). GDP is a measure of the economic size of a country. India’s GDP is around Rs 200 lakh crore. This is how 10 percent of that results in Rs …

[ad_1] New Delhi: Finance Minister Nirmala Sithraman announced Wednesday 15 measures to help the economy recover and drive its future growth based on Prime Minister Narendra Modi’s vision of self-sufficient India. Six of the measures correspond to one of the most affected sectors, micro, small and medium-sized enterprises (MSMEs), the …

[ad_1] Representative image MUMBAI: Burdened by higher expenses due to the devastating impact of the Coronavirus Pandemic of the economy, the government said on Friday that it will borrow from the market around Rs 12 lakh crore in fiscal year 2020-21, a massive increase of Rs 4.2 lakh crore, or …