Accounting for the first Advance Estimates for 2017-18, an additional planned borrowing of Rs 200 billion, the fiscal deficit could come in at 3.35 per cent of GDP.
Budget forces last minute change in finance minister's plans.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
Prime Minister Narendra Modi will be reciprocating the reception he received from the Israeli PM during his visit last July, report Archis Mohan & PTI.
Economists want the government to focus on jobs, farms, and fiscal consolidation. They also favour re-imposition of the long-term capital gains tax on listed securities and mutual funds.
Naveen Patnaik's guest list has been prepared with an eye on the forthcoming Lok Sabha and assembly polls, reports Archis Mohan.
The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit.
The total quantum of non-performing assets in the Indian banking system increased to Rs 7.33 trillion as of June 2017, from Rs 2.75 trillion in March 2015.
Rural budget set to increase; likely to enhance market linkages for agri commodities
Critics said a 10-plus per cent annual increase in incomes is a tall order, given that between 2002-03 and 2012-13, farm incomes grew yearly by 3.6 per cent.
The extra borrowing implies Jaitley will have extra spending space in the Union Budget for FY19, the last full one before the 2019 general election
The precautions are being proposed to ensure that other cattle varieties are not exported or transported outside the state as Nagori cattle
The Trinamool Congress and Nationalist Congress Party, have indicated that their party chiefs have better credentials for the post than the newly-elected Congress head, reports Archis Mohan
A clear message was that the ongoing seven-decade-old model of agriculture, based on extensive reliance on subsidy by the government at every stage, was not going to work, said NITI Aayog vice-chairman Rajiv Kumar.
These three states sought a combined financial assistance of Rs 11,186 crore
The economists who signed the letter included Jean Drze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
The Rahul-led campaign not only recorded its best assembly performance in the state since 1995, but also matched the BJP blow for blow in planning and execution.
80% of the surveyed districts did not show any change in migration
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