What to read from Newspapers 2 February 2023
The Hindu Important News Articles
Zero tax for annual income up to ₹7 lakh under new scheme; page 1 (GS III)
PMAY share rises by 66%, with more focus on Tier 2 and 3 cities; page 1 (GS II)
Budget proposes amendments to charge up GIFT IFSC; page 3 (GS III)
Tourism to go into mission mode; page 4 (GS III)
Allocation of ₹7,000 cr. for Phase 3 of e-Court will improve justice delivery system: Rijiju; page 4 (GS II)
Centre pitches for 100% switch to mechanised sewer cleaning; page 6 (GS II)
Major thrust planned for green energy; page 7 (GS III)
Cluster-based approach for ELS cotton production; page 7 (GS III)
Vehicle scrapping policy revved up to drive green economy; page 8 (GS IIII)
Higher fund flow for Jal Jeevan; page 9 (GS III)
Women get a one-time small savings scheme; page 9 (GS III)
A Budget that signals growth with stability; page 10 (GS III)
A raft of concessions amid consolidation; page 10 (GS III)
The growth deceleration problem cannot be skipped; page 10 (GS III)
The social sector has been short-changed once again; page 11 (GS II)
A Budget without a vision for agriculture; page 11 (GS III)
A balance between capital outlays and fiscal prudence; page 11 (GS III)
Is judicial majoritarianism justified?; page 12 (GS II)
What is the government’s new policy of UPI for NRIs?; page 12 (GS III)
Odisha may prove to be first mover on PVTG Development Mission; page 15 (GS II)
Finance Minister proposes amendments to banking laws; page 18 (GS III)
India, U.S. step up strategic ties with tech plan; page 18 (GS II)
Front Page
Politicks
PMAY share rises by 66%, with more focus on Tier 2 and 3 cities
Zero tax for annual income up to 7 lakhs under new scheme
World
Russia gains in Donetsk campaign; Ukraine seeks fighter jets from allies
U.S. ‘destroyed’ arms control pact: Moscow
New Start Treaty
News
Finance Minister proposes amendments to banking laws
Digilocker and National Financial Information registry
India, U.S. step up strategic ties with tech plan
Vibration disturbance led to failure of SSLV-D1
Budget a strong foundation to build developed India: PM
PM – VIKAS
States
Protection under Domestic Violence Act not available to husband: HC
Odisha may prove to be a first-mover in PVTG Development Mission
Text & Context
Is judicial majoritarianism justified?
What is the government’s new policy of UPI for NRIs?
Opinion
The social sector has been short-changed once again
A Budget without a vision for agriculture
A balance between capital outlays and fiscal prudence
Editorial
A Budget that signals growth with stability
Giving the growth deceleration problem a miss
A raft of concessions amid consolidation
Social Sector
Higher fund flow for Jal Jeevan
₹15,000 crore to be spent for development of tribes
Push to achieve net zero emissions
Infrastructure
Government to set up 100 5G labs to develop new apps
Vehicle scrapping policy revved up with additional funds
Stage set for sustainable growth
Economy
MGNREGS fund cut by 33% to ₹60,000 cr.
Funds for minority schemes slashed by 38% from last year’s
Centre pitches for 100% switch to mechanised sewer cleaning
Choosing the path of prudence
FM moots national digital library to promote reading
Defence budget rises 13%; FY23 RE for pension rises
Tourism to go into mission mode
Cooperative manufacturing units get sops
KYC process to be simplified, DigiLocker to be ‘one-stop shop’ for updating details
Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Rijiju
A brilliant balancing act
Taxes
Lab-grown diamonds get R&D grant, duty cut boost
‘Growth-oriented, on the right path’
#The_Hindu #Important #News #Articles #Daily #GeoIAS
The Indian Express Important News Articles
Her Balancing act: Won’t tax, will spend; page 5 (GS III)
Budget has a promise to end manual scavenging for good; victims’ families hope it resonates on the ground; page 8 (GS II)
Big picture: Capex push & Tax Reform; page 9 (GS III)
With a Clear Head, Staying the course; page 10 (GS III)
Choosing Stability over populism; page 10 (GS III)
Restrain to revdis, promise to farmer is ignored; page 10 (GS II, III)
The High Tech Boost; page 10 (GS II, III)
In global storm, a steady hand; page 11 (GS III)
An Uncertain fiscal math; page 11 (GS III)
Nothing for poor, farmers; page 11 (GS III)
Hos cuts in spending, key schemes helped rein in fiscal deficit; page 12 (GS III)
Outlay on subsidies, MGNREGA lower as pandemic disruption ceases; page 12 (GS III)
Fresh pitch for overhauled income tax regime, with a sweetened deal; page 13 (GS III)
Deposit limit for senior citizens’ scheme hiked, new saving scheme for women; page 13 (GS II, III)
Foreign funding in Start-ups could attract ‘angel tax’; page 13 (GS III)
High Rural outlay to spur asset creation; page 15 (GS III)
As number of beneficiaries dips, PM-Kisan allocation lowest in 5 years at Rs 60k crore; page 15 (GS III)
Boost for MSMEs: More units to benefit from 50% hike in turnover limit to Rs 3 Cr; page 16 (GS III)
44% hike in outlay for procuring fuel, ammo, spares; overall defence budget up by 13 %; page (GS III)
India, US agree to deepen Tech, defence ties; page 18 (GS II)
Institutional impetus to make India global millet hub; page 18 (GS III)
Front Page
Her Balancing Act : Won’t tax will spend
Nudge towards an exemption free tax regime, breaks for the super rich too
Union Budget Explained
Big Picture : Capex push and tax reforms
Editorial
Choosing stability over populism
With a clear head staying the course
Restrain on revdis, promise to the farmer is ignored
The High tech boost
Ideas Page
In global storm, a steady hand
An uncertain fiscal math
Nothing for Poor Famers
How cuts in spending, key schemes helped rein in fiscal deficit
Economy on right track ; to grow at 7% in FY 23 : FM
Outlay on subsidies, MGNREGA lower as pandemic disruptions ceasr
Taxation
Fresh pitch for overhauled income tax regime, with a sweetened deal
Deposit limit for senior citizens scheme hiked, new savings scheme for women
Infra
Renewed thrust on capex : Outlay hiked 33% to Rs 10 lakh cr
Rural
High rural housing outlay to spur asset creation
Demand still high NREGS kitty shrinks to pre covid level
As number of beneficiaries dips, PM KISAN allocation lowest in 5 ears at Rs 60K crore
Markets
Tax sops for participatory notes to lure funds into Indian equity
Boost for MSMEs : More units to benefit from 50% hike in turnover limit to Rs 3 cr
Interview
Strong mandate has brought stability, made India attractive
44% hike in outlay for procuring fuel ammo spares overall defence budget up by 13%
Govt & Politics
India – US agree to deepen tech defence ties
Shah welcomes unprecedented decision for cooperative sector
Institutional impetus to make India global millet hub
Social Sector
Urban infra boost for Tier 2,3 cities Rs 10,000 cr per yr
Education outlay hiked 8% PM-POSHAN fets 13% more
Tribal welfare gets Rs 4000 crore
Climate action central to budget again
#The_Indian_Express #Important #News #Articles #Daily #GeoIAS
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