'Nirmalaji's Budget announcements have long-term implications and are not backed by enough money when the short-term outlook looks bleak,' notes T N C Rajagopalan.
Analysts welcomed the better Q2 GDP readings of 4.8 per cent, which came in above their expectations, but warned that the planned expenditure cuts by the government will be the key thing to watch out going forward.
The immediate revenue loss could worsen the Centre's fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point increase. It was stabilised at 3.4 per cent since 2016-17, report Abhishek Waghmare and Dilasha Seth.
The current salary paid by the Delhi government amounts to 17 per cent of the total expenditure.
Field formations may re-examine cases from 1997.
Some experts had said the Budget did not have much in terms of big ideas.
Given the military's requirement for watertight cyber and communications security, L&T will establish a Security Operations Centre which will deal with security threats.
All interest free advances stand discontinued with the exception of interest free advance for medical treatment, travelling allowance for family of deceased, travelling allowance on tour or transfer and leave travel concession
This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.
'If Kerala votes back the LDF, if Tamil Nadu brings the DMK and if Bengal votes for the Trinamool, we will project a formidable opposition to the BJP.'
As part of its fiscal tightening measures, the finance ministry has asked all government departments not to seek any increase in their allocations for 2009-10 over and above what has already been provided for in the Interim Budget presented on February 16.
The National Recruitment Agency will prove to be a boon for crores of youngsters, the PM said.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
The average expenditure of pharmaceutical companies on research and development has increased four times in the last five years.
The department of economic affairs in the Union finance ministry has suggested aggressive sterilisation of foreign capital inflows, tightening of government expenditure and intervention in key farm produce markets like wheat.
The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.
The Finance Ministry has put many restrictions such as a ban on purchasing new vehicles and limiting foreign tours of officials in all the ministries.The efforts are aimed at containing fiscal deficit at 3.3 per cent of the total GDP.
The government had pegged food subsidy at Rs 90,000 crore (Rs 900 billion) in the 2013-14 Union Budget.
These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.
The Election Commission has a fight on its hand as candidates use ingenious methods to smuggle in money to Voters.
The lion's share of the amount -- Rs 1,003 crore (till November 10) -- comes from an Environment Compensation Charge (ECC) imposed by the Supreme Court in 2015 on trucks entering Delhi while the rest is made up of cess on every litre of diesel sold, in effect since 2008.
Yes. Whilst public expenditure is kicking in, the key reason is the decline in private investment
The taxman, said the party 'incorrectly disclosed the hawala money as voluntary donations'
The government on Monday announced that it has credited revised pensionary benefits along with arrears under One Rank-One Pension scheme to more than 2 lakh pensioners drawing service and disability pensions.
Over Rs 16 crore in cash has been seized till now by EC-appointed surveillance teams and check squads in five poll-bound states, with Rajasthan topping the chart with the recovery of Rs 7.13 crore.
For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
Innovative methods like transfer of funds through the RTGS banking system and concealment of currency wads inside car bonnets were detected by Election Commission as it took steps to curb the use of black money during the just-concluded Lok Sabha polls.
Entire districts without electricity and untold damage is what is left behind after Cyclone Fani, known as the worst storm to hit the state, barrelled through on May 3. Take a look at how the state is now picking up the pieces after the storm and inching towards reconstruction.
The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11
Fresh investments are constrained by tepid demand.
The Cabinet on Friday gave mandate to the 7th Pay Commission for revising salaries of over 50 lakh central government employees and remuneration of 30 lakh pensioners.
Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.
The allocation was part of the budget 2014-15 presented by Finance Minister Arun Jaitely on Thursday.
Indians are at the top spot for international investment, both in terms of the number of investors and the amount of expenditure
