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It is not the quantum of money or its statistical insignificance to our leaders' personal finances; a public reproach can go a long way in ensuring go
UP being the second most indebted state with a debt of ₹327, 470 crore will have a bigger budget deficit after the loan waiver.
वर्ष 2019 में जब भी यह सवाल पूछा जाएगा कि उनकी सरकार ने भ्रष्�
In 2019, when the question is posed as to what his government did to tackle corruption, PM Modi can point towards demonetisation.
हो सकता है कि ये चुनाव सुधार अपने-आप में अत्यं त साहसिक एव�
मेक इन इंडिया को लेकर केंद्रीय बजट में सुधारात्मक कदम उ�
There is more room than imagined for reform in the Union Budget for Make in India. Political willingness will provide the answers.
Budget 2004, despite the change of regime in New Delhi, maintains the much required continuity for critical power sector reforms to achieve the country¿'s "Power for All" objective by 2012 and double installed capacity to over 200,000 MW .The salient features in the budget vis-a-vis the power sector are:
The macro-economic situation at this point of time is indisputably negative and the Budget for 2013-14 should set realistic spending allocations with the aim to reduce the fiscal deficit to sustainable levels.
The focus on delivery of various schemes is missing in this budget. Each year, public money is being poured into them, but things remain the same unless there are dynamic state ministers monitoring everything. Some provision for effective monitoring should have made in budget 2013-14.
The revenue from the Central Goods and Services Tax remains significantly below the target of Rs 6 trillion.
Finance Minister Nirmala Sitharaman needs to infuse strategic urgency into her eighth budget. Five ways she can address the risk from US President Donald J Trump’s efficiency drive
The Finance Minister announced allocations for various sectors in the Budget. But these are a regular feature of every Budget. What was different in this Budget? Almost nothing except that there has been fiscal consolidation. Obviously, it is not going to satisfy the common man, farmers, industry or foreign investors.
The Modi Government's first real annual Budget is perhaps its most important test after flunking the Delhi Assembly examination. While businessmen will be watching it to gauge the intentions and determination of the Government to create a pro-business atmosphere, it will be equally eagerly watched by the armed forces community for its modernisation targets.
Structural issues like partial utilisation of allocated funds, slow implementation of projects, and short-staffing pose a major challenge to the successful implementation of the budget
The Finance Minister has chosen to walk the conservative path, hoping to stimulate investment and growth through small half-measures. Expect high rates of inflation in FY 13 and greater pressure on the fiscal deficit despite white paper on black money.
This was a budget without many surprises. Maybe we have evolved to being an economy, in which the budget is a mundane, technical exercise, of interest to economists and accountants, but of little immediate consequence for those who live in the real world.
While the coverage of Budgets in the media and research reports are mainly limited to high interest items like income-tax, sales tax, excise, inflation etc., the "Part A" of the budget, which is an indicator of government intention and priority, remains relatively under explored.
The accompanying politico-administrative changes apart, Elections-2004 has caused the mid-course review of the economic reforms, seeking to introduce the missing "human face", about which Prime Minister Manmohan Singh had begun talking about while in the Opposition.
The focus on broadband expansion in the Union Budget is timely to take the IT revolution to the next level: social inclusion, e-commerce, media, and distance education for India?s small towns and rural pockets.
Here is a look at the 2014-15 Budget, presented by Finance Minister Arun Jaitely, through a series of graphs on allocations to various key sectors from the time of the previous NDA government.
There were no big reforms and no major policy turnarounds in the Union Budget presented by Finance Minister Arun Jaitley. It was a budget of small and tentative steps to help steady the ship and laid the foundation for big reforms in the months ahead.
This was not to be yet another budget speech. It came in the wake of a regime change where the electorate signaled its unhappiness with the direction of the country. Still, the FM came up with a modest Budget. But that is not the promise of the Modi government. The good days promised look far away.
We really do not understand inflation stickiness in India since 2010. However, the silver lining is that oil prices may not rise any further following the shale gas revolution in the US. The Finance Minister can certainly do something about growth and possibly pray for lower inflation.
The Interim Budget presented by Finance Minister P Chidambaram was a strange one. It contained much praise for the ruling coalition UPA's entire tenure, peppered with some disappointments.
The budget growth, clearly aimed at countering the challenge along the Sino-Indian border, is still marginal.
Some economists argue there is an overlap between the demands of the stock market and the emerging aspirational classes. The new FM has said, sacrifices will have to be made to correct the fiscal path. The question is who will make the sacrifices -- big capital or ordinary people?
The National Security Council Secretariat, headed by top spy Ajit Doval, may have gotten a staggering 311% increase in funds this year to tackle issues at the intersection of cybersecurity and nuclear weapon delivery systems.
The government’s promises on jobs and farmers’ incomes have fallen flat, so it may look to fill the gap with ‘sound and fury’.