Budget 2022: A Snapshot
Finance minister has gone for a sharp rise in capital expenditure to get the economy going while cutting down on subsidies and some social sector schemes.
capex
February 2022
January 2022
December 2021
Taking Stock of Capex
Government's bet on infrastructure is pepping up capital goods, construction, cement, metals and banking stocks.
The Big Public Infra Bet
Infra sectors received the largest share of the ₹7.5 lakh crore pie with an expectation that the capex will create the desired multiplier effect on the economy.
Opted for infra push to economy against consolidation advice: Revenue Secy Tarun Bajaj
Going into the budget making for 2022-23, the quality of expenditure was one of the major concerns, says revenue secretary Tarun Bajaj.
Budget 2022, growth-oriented: India Inc
Most chief executives from the Indian corporate sector called the Union Budget 2022 a bold one, especially for continuing reforms.
Budget 2022: Big Bang capex push with allocation of 7.5 lakh crore for FY23
This is 35.4% higher than the ₹5.54 lakh crore allocated to capital expenditure last year.
Budget 2022: Govt needs to focus on exports, capex and infra, says Chetan Ahya
Along with exports, Ahya believes that the government should continue to focus on capital expenditure and infrastructure.
Budget 2022 to focus on public health, poor & public investment: Jayant Sinha
Sinha believes the budget will focus on three priorities – public health delivery, support to vulnerable populations, and public investment.
Budget 2022: Right policy needed in power, highways, rail; invest more on infra, says Subhash Garg
Garg points out that sectors like power need the right policy intervention as the discoms are in a completely debilitated state.
Fortune 500 India: Brace up for capex booooom!
The Fortune 500 companies reported their best ever net profit of ₹6.22 lakh crore in FY21, a remarkable 75% higher than FY20 when cumulative profit had fallen 22% to just ₹3.6 lakh crore.
