INSUBCONTINENT EXCLUSIVE:
Budget 2021: RBI is expecting a sharp rise in bad loans in the banking system due to COVID-19The country's ruling party has promised
Here's a look at some top topics she is likely to cover on Monday, as Prime Minister Narendra Modi's government tries to bring the country's
as the country looks to fix shortcomings exposed by the pandemic.The government could also increase a health tax from the current 1% of
whole host of companies in energy, mining and banking, and selling minority stake of large companies such as Life Insurance Corp.Bad BankThe
improve the valuation of state-run banks before selling stakes in them, the government could finally announce the creation of a "bad bank",
where bad assets of state-run banks could be parked and later sold at a discounted price in the market.Development Financial
InstitutionIndia has set itself an ambitious target of building infrastructure worth 1.02 trillion in the country
However, funding these infrastructure projects may be a challenge given the revenue constraints and strained banks' loan books
electronic components and appliances
The move to increase import duties is part of Modi's "self-reliant India" campaign that aims to promote and support domestic manufacturing.
