Budget

/Tag: Budget

Rishi Sunak tries to harness the COVID-19 disruption

2020-05-11T06:20:30+00:00March 26th, 2020|2020, Home Page, The Big Story, The Big Story UK - India Global Business, UK Edition – 27 March-09 April 2020|

UK Chancellor of the Exchequer had to unveil two mini-budgets in addition to his maiden budget within a gap of days to address the Covid-19 pandemic. Highlights: Rishi Sunak unveiled a £30-billion worth of funds to help businesses cope with the disruption caused by the coronavirus crisis. The government has also laid out plans to cover 80 per cent of the wages of those unable to work. Other measures include easier to access loan facilities, liquidity assistance for businesses and [...]

Sitharaman presents clean, green, realistic Budget

2020-05-09T17:28:59+00:00January 31st, 2020|2020, Editorials - India Global Business, North America Edition – 31 Jan-13 Feb 2020, UK Edition – 31 Jan-13 Feb 2020|

Indian Finance Minister Nirmala Sitharaman has delivered a realistic Budget for 2020-21. The three most exciting points are the increase in the government’s spending on infrastructure to $59 billion, an increase of $8 billion over the current year [...]

The vexing issue of the Indian Sovereign Bonds

2019-08-19T06:48:27+00:00August 9th, 2019|2019, Global Edition – August 2019|

The Finance Minister of India, Nirmala Sitharaman, in her maiden budget speech announced that India would issue its first international Sovereign Bond. Above the din of sound bytes and criticism that has followed, two investment experts decipher what this really means for the Indian economy. Will they, or Won’t they? Should We, or Shouldn’t we? Global investors have been asking themselves the first question and various agencies of Government of India have been asking the second. The Finance Minister of [...]

India’s Budget: Fiscal prudence and structural reforms paying off

2019-02-15T14:38:36+00:00February 5th, 2019|2019, UK Edition – February 2019|

The Indian Budget will give confidence to foreign investors that Indian Prime Minister Narendra Modi’s deep structural reforms and four-and-a-half years of hard graft cleaning up the economy are paying dividends. It will also give a much-needed fillip to demand whilst maintaining the holy grail of fiscal prudence. Balancing fiscal prudence and political populism is an extremely difficult task but Indian Prime Minister Narendra Modi and Finance Minister Piyush Goyal have successfully walked the tightrope while presenting the Budget in [...]

Indian Budget 2017 a boost for affordable housing

2018-12-03T12:51:18+00:00March 15th, 2017|2018/2017, India Investment Journal March Edition, Policy India, Year|

India Inc. property expert unravels the Indian government’s recent Budget for 2017-18 and its impact on the country’s real estate market. The central theme of the 2017 Budget in early February seems to be towards creating cash flow and consumption from the bottom of the pyramid. This would then flow upwards to more robust and long-term capital formation at the hands of the development companies. The same trend is observed in the changes to the real estate rules in the [...]