The document discusses India's post-COVID economic recovery and 2021 budget. It notes the recovery has been uneven across states and sectors. The budget aims to boost infrastructure, health, and other sectors through increased allocation. It focuses on job creation, farm reforms, manufacturing, and increasing the states' borrowing limit. However, concerns are raised about rising debt levels and ensuring financial stability and sustainability as debt levels rise for both government and citizens in coming years.
My presentation at the Global Foundation for Sustainable Transformation on the 7th February. This covers some aspects where the Government took treat while giving a treat to large numbers of population. This is the first stimulus budget of the Union Government to drive consumption to achieve growth. RBI on the 6th February 2021 unleashed a supportive monetary policy. In the medium term it may give rise to inflation. In the backdrop of pandemic that had hit the economy badly following a slow growth in 2018-19, inflation led growth may come in but taming it would be the job of the central bank.
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
The Key Highlights of Union Budget 2020-2021Udyen Jain
Finance Minister (FM) Nirmala Sitharaman has presented the Union Budget 2020-2021 of India on the 1st of February, 2020. Focusing on measures taken by the government towards reaching the target of a $5 trillion economy by the end of 2022.
My presentation at the Global Foundation for Sustainable Transformation on the 7th February. This covers some aspects where the Government took treat while giving a treat to large numbers of population. This is the first stimulus budget of the Union Government to drive consumption to achieve growth. RBI on the 6th February 2021 unleashed a supportive monetary policy. In the medium term it may give rise to inflation. In the backdrop of pandemic that had hit the economy badly following a slow growth in 2018-19, inflation led growth may come in but taming it would be the job of the central bank.
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
The Key Highlights of Union Budget 2020-2021Udyen Jain
Finance Minister (FM) Nirmala Sitharaman has presented the Union Budget 2020-2021 of India on the 1st of February, 2020. Focusing on measures taken by the government towards reaching the target of a $5 trillion economy by the end of 2022.
First india jaipur edition-02 february 2021FIRST INDIA
First India ePaper provides best exclusive stories of the day.Today's News Headlines from politics, technology, business news, Bollywood news, life style and many more.We are the best ENGLISH NEWSPAPER in India with special coverage of Rajasthan , Gujrat and power corridor of the country national capital Delhi. Follow us for more information.
Visit:- https://firstindia.co.in/newspaper
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
The budget of FY22 cannot be considered as budget of pandemic period. The common people were expecting a lot from this budget but unfortunately there was no good news for them.
Edelman India Analysis
Standing in for Mr Arun Jaitley, Finance Minister (FM), Piyush Goyal presented the Union Budget of India earlier today. Highlighting achievements of various Government schemes, Mr Goyal stated that the Government led by Prime Minister Modi has been the most decisive and transformational in executing structural reforms.
Focused on rural and inclusive development over the next 5-10 years, the Budget included significant announcements ahead of the General Elections while also outlining ten dimensions of the Government’s Vision for India’s development by 2030. The launch of, “Pradhan Mantri Kisan Samman Nidhi (PM-KISAN),” which aims to supplement rural income, captured the limelight of this year’s budget. The middle class has also benefited with higher gratuity, broadening of the tax-exempt bracket and waivers on income tax on notional rent. A mega pension scheme for workers in the unorganised sector was also announced along with health coverage under the ‘Ayushman Bharat’ scheme.
The Government has budgeted for overall expenditure of INR 27.8 trillion in 2019-20, an increase of 13% over the previous year’s estimates, while targeting a fiscal deficit of 3.4% in 2019-20 and 3% in 2020-21.
India’s new finance minister, Arun Jaitley, presented his maiden Budget on July 10. Much has been expected from this government, which is widely considered to be pro-industry and reform-friendly.
While the Budget had significant announcement like the raising of foreign investment caps in defense and insurance, as well as a change in income-tax norms, it also set very ambitious growth targets.
Can Jaitley achieve them even as the global economy struggles to get back on track? This is an uphill task and will require more bold and politically tough decisions.
Share your feedback with us on twitter @MSLGROUP_India
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
First india jaipur edition-02 february 2021FIRST INDIA
First India ePaper provides best exclusive stories of the day.Today's News Headlines from politics, technology, business news, Bollywood news, life style and many more.We are the best ENGLISH NEWSPAPER in India with special coverage of Rajasthan , Gujrat and power corridor of the country national capital Delhi. Follow us for more information.
Visit:- https://firstindia.co.in/newspaper
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
The budget of FY22 cannot be considered as budget of pandemic period. The common people were expecting a lot from this budget but unfortunately there was no good news for them.
Edelman India Analysis
Standing in for Mr Arun Jaitley, Finance Minister (FM), Piyush Goyal presented the Union Budget of India earlier today. Highlighting achievements of various Government schemes, Mr Goyal stated that the Government led by Prime Minister Modi has been the most decisive and transformational in executing structural reforms.
Focused on rural and inclusive development over the next 5-10 years, the Budget included significant announcements ahead of the General Elections while also outlining ten dimensions of the Government’s Vision for India’s development by 2030. The launch of, “Pradhan Mantri Kisan Samman Nidhi (PM-KISAN),” which aims to supplement rural income, captured the limelight of this year’s budget. The middle class has also benefited with higher gratuity, broadening of the tax-exempt bracket and waivers on income tax on notional rent. A mega pension scheme for workers in the unorganised sector was also announced along with health coverage under the ‘Ayushman Bharat’ scheme.
The Government has budgeted for overall expenditure of INR 27.8 trillion in 2019-20, an increase of 13% over the previous year’s estimates, while targeting a fiscal deficit of 3.4% in 2019-20 and 3% in 2020-21.
India’s new finance minister, Arun Jaitley, presented his maiden Budget on July 10. Much has been expected from this government, which is widely considered to be pro-industry and reform-friendly.
While the Budget had significant announcement like the raising of foreign investment caps in defense and insurance, as well as a change in income-tax norms, it also set very ambitious growth targets.
Can Jaitley achieve them even as the global economy struggles to get back on track? This is an uphill task and will require more bold and politically tough decisions.
Share your feedback with us on twitter @MSLGROUP_India
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Get the latest updates and insights on Indian Budget 2023 from King Stubb & kasiva. Stay informed on the government's financial policies and understand their impact on the economy and citizens.
Edelman India Public Affairs team provides an analysis of the Union Budget 2018-19 tabled in Parliament on Feb 1 -- featuring opinions from eminent economists and industry experts.
Contributors include:
Mr. T.S. Vishwanath
Partner, APJ-SLG Law Offices and Senior Advisor, Edelman India
Mr. Nirankar Saxena
Deputy Secretary General, FICCI
Dr. Geethanjali Nataraj
Professor of Applied Economics, Indian Institute of Public Administration
Dr. Amir Ullah Khan
Development Sector Economist, Professor and Director at the Maulana Azad National Urdu University, Visiting faculty of Economic Policy at the Indian School of Business
Mr. Neeraj Bansal
Partner and Head – ASEAN Corridor and Building, Construction and Real Estate sector, KPMG in India
Mr. Ravi S. Kochak
Former Additional Member (Production Units), Indian Railways
Exclusive report on budget 2015 16 by epic research private limitedEpic Research Limited
Epic Research Private Limited Budget Simplified Version of the Union Budget 2015-16. This report includes all the highlights and overview of the union budget as well as Railway Budget of India.
The Union Budget for 2018-19 was proposed by Mr. Arun Jaitley on 1st February 2018. The budget proposes significant initiatives for rural & agricultural development, generation of employment, skill development and upgrading infrastructure, but, provides little incentive to the taxpayers. Sharing with you the highlights of this year's Budget.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
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USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
Post covid budget
1. Global Foundation for
Sustainable Transformation
Post COVID-19 Budget: Retreat
and the Treat
Dr Yerram Raju Behara
Economist, Risk Management and SME Specialist
Adviser, MSMEs, Govt. of Telangana &
Director, Telangana Industrial Health Clinic Ltd.
2. POST COVID ECONOMIC RECOVERY
UNEVEN
PMI and GST collections suggest economic recovery while
other indicators are plateauing.
Mint’s State Recovery tracker shows smaller States
recovered faster than larger States, measured in terms of
public movement, power consumption and vehicle sales.
Top Six State economies laggards – Maharashtra, Gujarat,
Karnataka, West Bengal, Rajasthan, Uttar Pradesh.
Workplace mobility is gradually becoming uniform across
States.
09-02-2021
copyright @ yerramraju 2
3. RETREAT & THE TREAT
Fiscal Deficit Compromised
Asset Reconstruction Company
for NPA resolution
Trust Deficit in financial sector
Drifting from the Federal
Right Noises on Digitization,
Innovation, Health, Infrastructure,
Setting up DFIs both in public sector
& Private sector to boost
infrastructure spend absorbing
lessons from the failure of IDBI,
IFCI, IL&FS etc
9.5% of GDP from 6.8%
in 20-21
Job creation &
Job
enrichment –
Startups
Supply push
Demand push
Farm Laws – 3
States UP,
Punjab, Haryana
in the lead in
agitation 09-02-2021
copyright @ yerramraju 3
4. MAJOR ALLOCATIONS
Amount
(Rs.Crores)
Ministry of Housing and Urban Affairs 54,581
Ministry of Health and Family Welfare 73,932
Ministry of Education 93,224
Ministry of Railways 110,055
Ministry of Road Transport and Highways 118,101
Ministry of Agriculture and Farmers' Welfare 131,531
Ministry of Rural Development 133,690
Ministry of Home Affairs 166,547
Ministry of Consumer Affairs, Food and Public
Distribution
256,948
Ministry of Defense 478,196
Allowing a normal
ceiling of net borrowing for
the states at 4% of GSDP
for 2021-22
Additional Borrowing
ceiling of 0.5% of GSDP
subject to conditions
NSSF loan to FCI for food
subsidy to be replaced by
making budget provisions.
₹1,18,452crore as
Revenue
Deficit grant to 17 states in
2021-22
BUDGET 2021 – Gateway to post covid-19 V-
Shaped Recovery of the Economy
09-02-2021
copyright @ yerramraju 4
5. Health and Wellbeing
The Highest ever Budget outlay for Health and Wellbeing is estimated to be
Rs.2,23,846 crore for FY 2021-22, which is a rise by 137% Y-o-Y basis.
Atma
Nirbha
r
Swasth
Bharat
Yojana
Outlay ₹64180 crore over 6 years
Support for Health and Wellness centers
Setting up of Integrated Public Health Labs
Establishing critical care hospital blocks in
Aspirational Districts
Strengthening NCDC
Expanding integrated health information
portal
Health Outlay (₹ crore)
94452
2021-22
2020-21
223846
Pnuemococcal vaccine to
be rolled across the country
₹35000 crore for Covid-
19 Vaccine in 2021-22
Introduction of National
Commission for Allied
Healthcare Professionals Bill
09-02-2021
copyright @ yerramraju 5
6. Physical & Financial Capital, and Infrastructure
MITRA Scheme to create world class infrastructure for global champions in textile sector leading to
creation of 7 textile parks over 3 years.
PLI launched to create manufacturing global champions across 13 sectors with amount committed nearly
₹1.97 lakh crore in next 5 years starting FY2021-22.
Hydrogen energy mission to be launched.
PPP mode to be utilised for managing operational services of major ports.
100% electrification of Broad-gauge Routes by 2023.
Indigenously developed automatic train protection system to be launched.
NIP Project
pipeline
expanded to
7400 projects
National Rail Plan
•Aims at developing adequate rail
infrastructure by 2030 to cater to the
projected traffic requirements up to
2050.
• The objective is to increase the modal
share of rail in freight from the current
level of 27 per cent to 45 per cent.
09-02-2021
copyright @ yerramraju 6
7. Inclusive Development for Aspirational India
Amalgamation of 44 labour laws into four labour codes.
Extending coverage of SWAMITVA Scheme to all states/UTs
Expansion of Operation Green scheme to include 22 perishable
products
1000 more mandis to be integrated with e-NAM
Multipurpose Seaweed Park to be set up in Tamil Nadu
Concessional Credit Boost to farmers – Non-Budget intervention.
Agri Infrastructure Fund and Emergency working capital for farmers
Rationalised single Securities Markets Code by 2022
World class fintech hub at GIFT IFSC
Permanent institutional framework for Corporate bond market
SEBI as regulator for WDRA for development of commodity market ecosystem
Investor charter as a right across all financial products
Amending the Insurance Act,1938 to increase the FDI limit with safeguards
ARCs’and AMCs’ to resolve stressed assets problem of PSBs.
FINANCIAL
SECTOR
REFORMS
?
AGRI REFORMS
09-02-2021
copyright @ yerramraju 7
8. Reinvigorating Human Capital
EDUCATION & SKILLS
Revamped
Post Matric
Scholarship
Scheme for
welfare of
SCs
100 new
Sainik
schools
750 Eklavya
schools in
tribal areas
Realigning
National
Apprenticesh
ip Training
scheme for
graduates
and diploma
holders in
Engineering
Partnership
with UAE
and Japan in
area of skill
development
and
recognition
Migrant
Labours
&
Workers
One nation one ration card scheme under
implementation in 32 states and UTs.
A portal to be launched for gig, building and
construction workers
Social security benefits will be extended to gig and
platform workers
09-02-2021
copyright @ yerramraju 8
9. MSMES GOT HIGHER ALLOCATION
Requires right direction
Atma Nirbhar Bharat Abhiyan Scheme 2 relating to Subordinate
Debt did not take off
When Risk Appetite is low, Banks need extra push and support
Establish supportive institutions to rebuild in the trust in
manufacturing
Telangana Model is the best for revival.
Industrial Health Clinics can be established under PPP mode.
Stressed enterprises get handholding, mentoring and
counselling support in addition to margin funding for revival
through such clinics
09-02-2021
copyright @ yerramraju 9
10. MINIMUM GOVT & MAXIMUM
GOVERNANCE, AS STATED
National Research Foundation with outlay of ₹50,000crore over 5 years
National Language Translation Mission to boost internet access
Deep Ocean Mission for ocean exploration and biodiversity conservation
INNOVATION &R&D
Increase in borrowing limits of state governments
Privatization of Public Sector Enterprises
Voluntary Vehicle Scrapping policy
Urban Swachh Bharat Mission with outlay ₹1,41,678crore over 5 years
All Constitutional institutions use the word Central instead
of Union as stated in the Constitution – more emphasis on
centrality instead of Federal Structure prominence. 09-02-2021
copyright @ yerramraju 10
11. STABILITY OF FINANCIAL MARKETS VITAL
Bad financial system and good economy cannot coexist
Confidence in Bonds took a hit with the failure of Yes Bank, Frankleton
Templeton
Financial system helps:
Growth of capital market
Price stability through efficient monetary policy engagement
Efficient Forex markets promote international trade
Infrastructure growth; Enterprise and Employment growth
Government securities market
Balanced Regional Development
Economic Integration
Political stability
11
09-02-2021
copyright @ yerramraju
12. Debt, Debt, Debt
Union Government to borrow Rs.80000cr in the next 2 months
Divestment in PSUs and 2 PSBs
States Borrow tending to overreach their fiscal deficit
States get 41% of tax revenues as their share as per 15 Finance
Commission
With Union Government resorting to levy of Agricultural Cess States will
be losers in their share to that extent as States cannot get a share in such
levy
Banks Liabilities – Savings from the public – could be on the decline with
lower rates of interest unsustainable
Per capita debt during the next 5 years will reach new heights and the
next generation will have to shoulder the burden of repayment while the
capacity of assets created may not generate enough to sustain
Sustainability ?
09-02-2021
copyright @ yerramraju 12
13. THANK YOU
13
Dr. B. Yerram Raju, Economist & Risk Management
specialist
www.yerramraju1.com
We are at the tipping point; “It is a great challenge and opportunity.
We should be part of solution and not problem”. Sadguru
09-02-2021
copyright @ yerramraju