India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.
Prime Minister Narendra Modi on Monday expressed confidence that the NDA will get more than 400 seats and the BJP will win at least 370 seats in the Lok Sabha elections.
If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.
As the adjournment of Parliament for an indefinite period with the Rajya Sabha also adjourning sine die kickstarts the final countdown for the general elections, Modi said the last five years were a period of "reform, perform and transform" with the country moving towards "big changes" at a fast pace.
Kharge said conducting polls in seven phases meant that nearly all the development works will be stopped.
It may plan a significant hike in budgetary support aimed at completing the balance 8.4 million dwellings by March 2024.
A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.
'The message is loud and clear: "If you're not falling in line, we will open a line of understanding with the MNS, and then the Shiv Sena will be in trouble".'
PM's announcement were focused on those most affected by the note ban.
So how do you rate the Modi government's 10th budget which comes ahead of the crucial five-state election?
Addressing the Delhi Assembly, he said Delhi would have seen 10 times more progress had there been no tussles between the Centre and the state government.
Gujarat Chief Minister Narendra Modi on Tuesday termed the railway budget as "anti-development" and said that it reflects the "non-performance of the UPA government".
The resolution, moved by Chief Minister Bhupendra Patel, was passed unanimously as besides the BJP MLAs, members of the Opposition Congress as well as the Aam Aadmi Party extended their support to it.
Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.
So how do you rate the NDA government's election-year budget? Does it meet your expectations? Or do you feel let down?
Confident of securing a massive majority in the upcoming Lok Sabha elections, Prime Minister Narendra Modi on Wednesday outlined his vision for his next five-year term saying the Modi 3.0 government will put all its might to strengthen the foundation of 'Viksit Bharat' or a developed nation.
They said Union Finance Minister Arun Jaitley has opened the door to a much wider level of US involvement in India's development plans in the coming years.
The BJP's challenge is whether it can again deflate a Congress, which now looks reinvigorated and has adopted sharper messaging around its 'guarantees', and several regional parties, especially in Bihar, Maharashtra and West Bengal.
Fuel cess, TDS on large cash payouts bid to destroy truckers and get foreign players in, says an industry body.
The PM was interacting with secretaries of various department.
'There is a vision in the Budget, and the vision is to take India from a largely agrarian, rural economy into a fast-track digitalised economy.'
French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.
Debroy's economic interests and research work covered numerous areas such as economic theory, income inequality, and infrastructure financing.
Union Home Minister Amit Shah has announced that India will soon create a comprehensive anti-drone unit to secure its borders. He highlighted the increasing threat posed by drones, especially along the India-Pakistan border, and emphasized a 'whole of government' approach to tackle this issue. Shah also spoke about the ongoing Comprehensive Integrated Border Management System (CIBMS) and the Modi government's Vibrant Village Programme, which aims to develop and integrate the population of northern borders.
Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.
Using the Mahabharat reference as a leitmotif, Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday claimed that an atmosphere of fear prevails all around with a group of six trapping the entire country in a 'chakravyuh' he promised would be broken by the INDIA bloc.
EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.
The DMK protested in the Lok Sabha after Union Education Minister Dharmendra Pradhan criticized the Tamil Nadu government for refusing to implement the National Education Policy (NEP) and accused them of "politics." Pradhan alleged that the state had initially agreed to the PM SHRI scheme but later backed out. The DMK, however, asserted that they have issues with the NEP and the three-language formula, and cannot accept it in full. The protests disrupted House proceedings, leading to an adjournment. The DMK members were angered by Pradhan's accusations, demanding the release of funds allocated for education in the state.
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The impact the Economic Survey had on the Budget proposals and the influence the Prime Minister wielded on them deserve close attention.
When the internal security situation spirals out of the control of the provincial law and order machinery, the CAPFs can be called in, providing a security buffer before the Army is deployed.
President Droupadi Murmu addressed both Houses of Parliament, highlighting the government's achievements in various sectors, including economic growth, social welfare, and infrastructure development. She emphasized the government's efforts to lift the economy out of "policy paralysis" and create a more inclusive society. Murmu also acknowledged the challenges posed by digital fraud and cybercrime and stressed the need for a social infrastructure revolution. The President's speech is considered a policy statement, outlining the government's vision and roadmap for the future.
This is not an election Budget in the sense that I might target the voter in the coming elections. But if you look beyond this round of state elections, and tilt the periscope to graze at the more distant horizon, see how the Narendra Modi government wishes things looking by the summer of 2024, observes Shekhar Gupta.
The Bharatiya Janata Party's office-bearers, members of Parliament and other leaders will fan out across the country to explain the merits of Union Budget 2022 to the people.
Party leader Rahul Gandhi dubbed the Union Budget as a 'zero-sum budget', saying it has nothing for the salaried, middle class and the poor.
India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.
The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
The Budget loosened the reins on public spending to drive growth.
