Important Articles from Indian Express: 2/2/2020

Front Page

  • In slowdown, budget slows down on growth
  • In a bid to boost spending new IT slabs with lower rates

The Fisc

  • Govt invokes clause in FRBM Act to raise fiscal deficit target to 3.8% from 3.3%
  • Finance Commission recommends 41% share of taxes for states 1% for J&K Ladakh in FY 21
  • Govt maintains protectionist stance ; hikes import duties on over 100 categories of products

Corporate

  • Vivad se vishwas scheme
  • Corporate tax concessions extended to new electricity generation firms

Financial Sector

  • 5 lakh insurance in case bank goes bust ; cover hiked from 1 lakh now
  • Govt asks RBIto extend MSME loan recast scheme
  • International bullion exchange in GIFT city may lead to better price discovery

Editorial

  • Reality check, Turnaround hope
  • Speaking of harappa

Infrastructure

  • Greater Private sector play in Rlys, smart cities

Farm Sector

  • Examining the FMs plan to double farmers income in two years

Explained

  • Budget

Social Sector

  • Health gets 7.6K crore boost govt plans to set up hospitals in PPP mode
  • Nutrition mission gets a push, task force to fight maternal mortality

Defence & Home

  • Fund push for Chabahar port

Interview

  • We want to gradually remove everything called exemptions

World

  • US Australia restricts entry as virus death toll in China hits 259
  • Pak declares emergency to battle locust

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