Highlights at 12.30 pm

·5-min read

New Delhi, Feb 1 (PTI) Following are the top stories: PAR59 BUD-LD CAPEX Capital expenditure hiked 34.5% to Rs 5.54 lakh cr in FY'22 to push growth New Delhi: To push growth via infrastructure creation, Finance Minister Nirmala Sitharaman on Monday hiked the government's capital expenditure for FY 2021-22 by 34.5 per cent to Rs 5.5 lakh crore.

PAR93 BUD-HEALTH-OUTLAY Govt proposes Rs 2.24 lakh cr outlay for healthcare in 2021-22: FM New Delhi: The government on Monday proposed Rs 2,23,846 crore Budget outlay for health and well being for 2021-22, compared to Rs 94,452 crore in the current fiscal, an increase of 137 per cent.

PAR78 BUD-BANKS-INFUSION Govt proposes Rs 20,000-cr recapitalisation for PSBs in 2021-22 New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government would infuse Rs 20,000 crore into public sector banks (PSBs) in 2021-22, to meet the regulatory norms.

PAR71 BUD-FDI-INSURANCE Govt proposes to increase FDI cap in insurance sector to 74 pc New Delhi: The government on Monday proposed to increase foreign direct investment (FDI) limit in the insurance sector to 74 per cent, a move aimed at attracting overseas players.

DCM16 BUD-DISINVESTMENT FY22 disinvestment target at Rs 1.75 lakh cr; privatisation of BPCL, Shipping Corp to be done New Delhi: The government on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including 2 PSU banks and one insurance company, in the next fiscal year.

PAR79 BUD-POWER CONSUMERS Framework soon for electricity consumers to choose service provider:FM New Delhi: Finance Minister Nirmala Sitharaman on Monday announced that the government will soon put in place a framework to allow electricity consumers choose service providers or discoms.

PAR95 BUD-PORTS FM announces 7 port projects worth more than Rs 2K cr via PPP mode New Delhi: Finance Minister Nirmala Sitharaman on Monday announced seven port projects worth more than Rs 2,000 crore investment.

PAR100 BUD-SECURITIES CODE Govt proposes to launch securities mkt code: FM New Delhi: The government on Monday proposed to launch a unified securities market code.

PAR85 BUD-STARTUPS-OPC Govt to incentivise incorporation of one person companies (OPCs) to boost startups New Delhi: The government on Monday said it proposes to incentivise incorporation of one person companies (OPCs), a move that will benefit startups and innovators.

DEL17 BUD-FREE COOKING GAS Ujjwala scheme to be extended to 1 cr more beneficiaries: FM New Delhi: The government on Monday said the free cooking gas LPG scheme, Ujjwala will be extended to one crore more beneficiaries.

PAR48 BUD-JAL JEEVAN Rs 2.87 lakh-cr outlay for Jal Jeevan mission: FM New Delhi: The government on Monday announced the Jal Jeevan mission with an outlay of Rs 2.87 lakh crore for 4,378 urban local bodies.

DEL16 BUD-PUBLIC TRANSPORT FM announces Rs 18,000 cr scheme for public transport in urban areas New Delhi: The government on Monday announced a Rs 18,000 crore scheme to augment public transport in urban areas.

PAR98 BUD-HIGHWAYS 8,500 km of highway projects to be awarded in FY22; Rs 25K cr earmarked for WB: FM New Delhi: Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday said projects for building 8,500 km of highways will be awarded by March 2022.

PAR103 BUD-RURAL INFRA FUND Rural infra development fund increased to Rs 40,000 cr in FY22: FM New Delhi: Finance Minister Nirmala Sitharaman on Monday said the allocation to rural infrastructure development has been increased to Rs 40,000 crore for the next fiscal from Rs 30,000 crore in FY21.

PAR28 BUD-LS-FM-TABLET Sitharaman reads out Budget speech from tablet New Delhi: Finance Minister Nirmala Sitharaman read out the Union Budget speech in the Lok Sabha from a tablet on Monday instead of a conventional paper document.

DEL14 MEA-INDIA MYANMAR COUP India expresses deep concern over coup in Myanmar; monitoring situation closely New Delhi: India on Monday expressed 'deep concern' over the military coup in Myanmar and detention of the country's top political leaders, saying it has always been steadfast in supporting the democratic transition in that country DEL11 VIRUS-LD CASES COVID-19: India records 11,427 new cases, 117 fatalities New Delhi: With 11,427 new coronavirus cases being reported in a day, India's COVID-19 tally has increased to 1,07,57,610, while the number of people who have recuperated from the disease has surged to 1,04,34,983, according to the Union Health Ministry data updated on Monday.

BOM4 MH-COLLAPSE Maharashtra: Building collapses in Thane, 8 feared trapped Thane: Nearly eight people were feared trapped after a building collapsed in a commercial complex in Bhiwandi town of Maharashtra's Thane district on Monday morning, a civic official said.

BUSINESS DEL19 BIZ-STOCKS-MIDSESSION Sensex rallies nearly 1,000 pts as FM presents Budget 2021 Mumbai: The BSE benchmark Sensex rallied nearly 1,000 points led by gains in financial stocks in afternoon session on Monday as Finance Minister Nirmala Sitharaman presented the Union Budget 2021-2022 in Parliament.

FOREIGN FGN9 MYANMAR-3RDLD COUP Myanmar military says it is taking control of the country Naypyitaw, Feb 1 Myanmar military television says the military has taken control of the country for one year. PTI HMB