Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
The main responsibility for producing the Budget rests with the Budget Division of the Department of Economic Affairs in the finance ministry
Addressing the Manipur assembly during the commencement of the budget session, she said that 198 companies of central armed police forces and 140 army columns have been deployed along with state forces to maintain law and order.
The Budget is expected to make some key announcements, including relief package for farmers, poor and sops for the middle-class.
While the finance minister had a great opportunity to come out with flying colours while presenting this last Budget of his government, he didn't, says Omkar Goswami.
'The plan is to secure nod of the Union Cabinet and other relevant regulatory approvals within the next three months,' a senior finance ministry official said, requesting anonymity.
The party on Wednesday removed former minister Sudhir Sharma, who was among the six rebel MLAs who were later disqualified for defying party whip on the state budget, from the post of All India Congress Committee secretary with immediate effect.
In the coming assembly election, negotiations over seat-sharing will be as important as actual outreach to voters.
'China's opaque defence allocation processes are shrouded in mystery and have triggered security dilemmas among its neighbours and others,' notes China expert Srikanth Kondapalli.
There was no law that prevented the government from presenting a sixth full Budget, or something similar to it.
In this year's budget, Finance Minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.
'It is crucial today to realise where we have reached in this 15 year-period in order to fully and properly assess the profundity of what General Rawat has said,' points out Ambassador M K Bhadrakumar.
'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'
The Union government's finances witnessed significant improvement in August after a stressful first four months of the current fiscal year. India's gross tax revenue, comprising both direct and indirect taxes, for the first five months of 2023-24 surged 16.5 per cent year-on-year (Y-o-Y) to Rs 11.8 trillion. During the April-July period, gross tax revenue increased by a mere 2.8 per cent compared to the Budget Estimate of 12.1 per cent growth for FY24.
Following a virtual meeting on June 16th, 2024, the All India Football Federation (AIFF) announced a change in leadership for the Senior Men's National Team.
Finance Minister Ishaq Dar, who presented the budget in the National Assembly, the lower house of parliament, said the government will target a growth rate of 3.5 per cent in the coming fiscal year.
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
Welcoming them into the BJP fold, Chief Minister Mohan Yadav cryptically said many people are feeling anxious and they will eventually join the saffron party in the coming days.
'The next general election is four years away. That's enough time to recover -- provided the government stops spending and taxing so much,' says T C A Srinivasa-Raghavan.
As per practice a vote-on-account or approval for essential government spending for a limited period is taken in the election year and a full-fledged budget presented by the new government.
Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.
Trinamool Congress on Saturday removed Mukul Roy, a former confidante of Mamata Banerjee, from the key post of party general secretary.
Barely two months before the Lok Sabha election, Gandhi will be filing her nomination papers in Jaipur on Wednesday. Party chief Mallikarjun Kharge, her son Rahul Gandhi and daughter Priyanka Gandhi Vadra are likely to accompany her.
Major focus will be on adequately funding existing schemes to ensure their timely completion before the next General Elections.
The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.
Interim Budgets are usually presented in an election year either just before the general polls or immediately after them.
The Budget tried to please politicians, rating agencies and reformists, and let them all down -- slightly.
Sheela Bhatt spoke to various members of Parliament to elicit their opinion about Finance Minister P Chidambaram's last Budget before the general elections, and found them lukewarm in their reaction. 'Political nuksaan nahi, lekin faida bhi nahin. Bach nikle,' about sums it up
Tough balancing act in the offing in the last budget of UPA-II.
The Rajya Sabha approved 15 legislations during the session while the Lok Sabha passed 23 bills, including the GST bills.
The 54-page document tabled in Parliament detailed how the Modi-government pull the economy from being counted among the most fragile-five in the world to being the fasted growing and the most attractive investment destination.
Global rating agency Moody's on Monday raised India's growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023. Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.
The DG said that the previous government was wary of constructing roads near the Line of Actual Control.
Tough balancing act in the offing in the last budget of UPA-II.
Amid the row over Congress leader Sam Pitroda's remarks, the party on Wednesday asserted that it has no plans whatsoever to introduce an inheritance tax and cited former Union minister Jayant Sinha's remarks to allege that it is the Modi government that wanted to do so.
NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
