Stimulus 3.0 News
Stimulus 3.0 supportive for growth, fiscal impact unclear: Fitch Solutions
Fitch Solutions said the schemes recently announced by the Centre to boost the employment, credit and manufacturing sectors would be supportive to India’s economic rebound over the coming quarters, however, the actual impact on public finances is difficult to ascertain
1 min read16 Nov 2020Tax relief may encourage developers to cut prices
The relief will only be available on properties valued up to ₹2 crore and bought in the primary market from a developer
4 min read19 Nov 2020‘Housing for all’ scheme gets ₹18,000 cr
Separately, the government also offered income tax relief to help builders clear inventory and boost demand from home buyers’A number of measures have been taken in the past several months for revival of the Housing and Real Estate Sector,’ said Nirmala Sitharaman
2 min read13 Nov 2020With an eye on key support base, NDA announces package for employment incentive, rural infra and housing
The steps taken to generate jobs, improve infra and housing in villages would enthuse BJP’s vote bankThe announcement comes just two days after Bihar elections where the BJP-led NDA retained power
2 min read12 Nov 2020Stimulus package: Mega push to ’Housing for all’ — ₹18,000 crore allocated. What it means
This move will help finishing the real estate projects as well as create new jobs
2 min read12 Nov 2020Nirmala Sitharaman announces ₹10,000 crore to boost rural employment
The ₹10,000 crore is to be funnelled into the rural sector through the Pradhan Mantri Garib Kalyan Rozgar YojnaThe rural jobs programme is seen as helping in reducing rural distress during the months of the lockdown
3 min read12 Nov 2020Govt’s third stimulus package can potentially backfire for lenders
While the stimulus totalled ₹2.65 trillion, economists say that the fiscal cost would be less than half of itBanks are reluctant to lend as seen from fewer disbursements under the credit guarantee scheme
2 min read12 Nov 2020Stimulus Package 3.0 to help accelerate economic activity, says SIAM
The Stimulus Package 3.0 announced today has specific policy interventions for job creation, credit guarantee and would also be pivotal in de-stressing and accelerating economic activity in many critical sectors, auto body SIAM said
1 min read12 Nov 2020Stimulus package 3.0 to help accelerate economic activity: SIAM
The industry body said it appreciates the proactive role being played by the government for supporting a quick and sustainable revival of the economy
1 min read12 Nov 2020Stimulus package 3.0: Tax sops to cheer real estate builders amid pandemic
Finance Minister Niramla Sitharaman on Thursday announced several measures to boost demand in the real estate sectorToday’s stimulus package will benefit both the homebuyers and real estate builders, experts say
1 min read12 Nov 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared