homeeconomy NewsBudget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal

Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal

Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
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Summary

Budget 2023 expectations updates: Union finance minister Nirmala Sitharaman is set to table the Union Budget for the financial year 2023-24 on February 1. As the day nears, expectations from what all sectors want from the budget have started to come to the light. Its also important to note that this will be the last full Budget before the next election, thus a greater degree of populism is expected.

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Budget 2023 | Plastic makers' wish lower import duties, & reduce threshold for PLI schemes
As the plastic processing industry limps back after being hit by the pandemic, rising raw material costs, and falling demand, all hopes are pinned on the upcoming union budget. CNBC-TV18’s Shilpa Ranipeta reports from Dadra & Silvassa that measures to boost local manufacturing and make exports competitive top the industry's wish list this year.  
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 11:35 PM
Kantar India Union Budget survey: Rising inflation, fear of job loss top concerns for Indians
World’s leading marketing data and analytics company, Kantar has released findings from its second edition of the India Union Budget survey. The survey maps consumer sentiments and expectations from the Union Budget 2023. According to the survey, the country is cautiously optimistic due to the ongoing Russia-Ukraine war, an expected slowdown in Europe and US, and 9 Indian states heading into assembly polls in 2023. Here’s a look at some of the key highlights from the survey.
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 11:23 PM
Budget 2023 need to be micro-focused on capex and infrastructure spending: USISPF
Budget 2023 is around the corner and the US-India Strategic Partnership Forum (USISPF) has some key asks from finance minister Nirmala Sitharaman and these include - promoting digital payments, reforms in healthcare and insurance segments and lastly simplifying foreign investments.
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 11:05 PM
CII President Sanjiv Bajaj pins hope on Budget 2023 to boost consumption demand
The Confederation of Indian Industry (CII) like every year has come up with its recommendations for the finance minister ahead of the Budget. From the economic policy standpoint, they say the key focus should be on revenue augmentation and on growth strategies.
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 9:54 PM
Income tax threshold limit of Rs 2.5 lakh needs to be re-looked at, says Dhruva Advisors’ Dinesh Kanabar
Speaking to CNBC-TV18, Dinesh Kanabar, CEO of Dhruva Advisors said any reduction in tax rates would result in higher income in the hands of the people, which would in turn lead to increased spending and help kickstart the economy.
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 8:51 PM

India should focus on attracting more foreign capital: ERIC co-founder Russell Napier

Russell Napier, the co-founder of ERIC, believes that the Indian government's Budget 2023 should focus on attracting more foreign capital into the country. Despite concerns that the Indian equity markets may be overvalued, Napier argues that the bond market could be quite attractive for foreign investors.

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Jan 27, 2023 8:12 PM

PM Gati Shakti allocation to states may be doubled to Rs 10000 cr

Allocations for states under the PM Gati Shakti - National Master Plan for Multi-modal Connectivity initiative, are likely to be doubled in this year's Union Budget 2023. Budget allocations for schemes may rise from Rs 5,000 crore to Rs 10,000 crore after requests from states to the Ministry of Finance, sources said.

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Jan 27, 2023 7:31 PM
Budget 2023 | Govt may cut food, fertiliser, fuel subsidies next fiscal
Budget 2023: According to the Union Finance Ministry, the government's fiscal deficit in end-November touched 59 percent of the full-year budget estimate. The subsidy cuts will be aimed at reining in the deficit.
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 6:59 PM
Budget 2023 | Toy makers wish more sops, lower logistics cost & lower drawback rates
The Indian government is mulling Rs 3500 crore production-linked incentive scheme for the toy industry. The government believes there is strong manufacturing and export potential in the Indian toy sector which could become a $3 billion industry soon. CNBC-TV18’s Daanish Anand is at the Toy City in Greater Noida near the National Capital which is a house for a lot of toy factories to gauge the mood of toy manufacturers ahead of the Budget.
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 6:47 PM
Budget 2023 | Amidst protests, allocation of funds to MGNREGS will be key
Budget 2023: Inadequate funds, negative balance, and delays in wages are some of the issues which led to a countrywide protest by Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) workers. What should one expect this time around?
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 6:12 PM
Budget 2023: Interesting facts you didn't know
Union Budget 2023 expectations: The Union Budget 2023 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2023. Before the general elections in 2024, this will be the last full Budget. Ahead of the Budget, here are some interesting facts about the previous Union Budget’s
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 5:31 PM
Budget 2023 | India should focus on attracting more foreign capital into the country, says Russell Napier
Speaking to CNBC-TV18, Napier said, one of the rare achievements of India is that it has been able to grow with relatively lesser debt. However, he believes that India's current problem is not a macro problem, but rather a valuation problem.
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 4:28 PM
Budget 2023 | Ease of doing business should be further streamlined to support the growth of startups
With exactly a week to go to the Budget speech on the 1st of February, CNBC-TV18 spoke to Gopal Srinivasan, Chairman & MD at TVS Capital Funds; Rema Subramanian, Co-Founder of Ankur Capital; and Vineet Rai, Founder of Aavishkaar Group on what startups and their investors want from Budget 2023.-
Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 4:04 PM

Budget 2023 | Longest and shortest Union Budget speeches in terms of word count

Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 3:22 PM

Budget 2023 | A look at the longest and shortest Union Budget speeches in the Parliament

Budget 2023 Expectations Highlights: Govt may cut food, fertiliser, fuel subsidies next fiscal
Jan 27, 2023 3:05 PM

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