Budget impact: Focus on building buffer stocks of onions, pulses

Budget impact: Focus on building buffer stocks of onions, pulses

NEW DELHI: The Budget has allocated Rs 2,700 crore to the price stabilisation fund (PSF) for 2021-22, which will be used to create buffer stocks of onions and pulses to check price volatility in these commodities. This is 35% more than the allocation of Rs 2,000 crore in the last budget but 77% less than … Read more

Govt recognises need for further stimulus at an appropriate time: Sanyal

Govt recognises need for further stimulus at an appropriate time: Sanyal

Principal Economic Adviser Sanjeev Sanyal on Wednesday said the government recognises the need for further stimulus at an appropriate time to perk up demand in the economy, hit by COVID-19. Addressing the 115th AGM of PHD Chamber of Commerce and Industry, he said there was space on the monetary and fiscal side to implement further … Read more