The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal
Modi's gestures have fuelled speculations that the BJP wants to bring Yediyurappa into the centre-stage of its campaign plank leveraging his mass appeal for the Assembly elections, due by May.
"India has given a stern signal to its enemies by conducting surgical and air strikes. This tells us that India is changing and can take the most difficult decisions and isn't reluctant to implement them," Prime Minister Narendra Modi said on Sunday in his Independence Day address to the nation.
Haryana Bharatiya Janata Party leader Birender Singh on Monday threatened to quit the party if does not sever ties with the Jannayak Janta Party, which he accused of indulging in rampant corruption in the state.
If the Budget makes no big announcements on new schemes, projects, or tax giveaways, the government would face a major political dilemma as it may have to reluctantly consider shunning the practice of unveiling pre-election sops to woo voters, notes A K Bhattacharya.
Winning an election may be a breeze for the BJP but the aftermath of victory isn't always painless.
'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'
'Does it mean that till the COVID-19 fight is over, the governor should be non-functional, in sleep mode, and fiddling in the Raj Bhavan while the state is burning?'
Announcing a Re 1 crop insurance scheme for farmers, the deputy CM said the government will bear the financial burden of Rs 3,312 crore.
Governments make budgets to retain and consolidate their hold on power, not to please opponents or economists. They do so by trying to gratify as many as possible without causing harm to the others, says Shreekant Sambrani.
The government's largesse was widely expected after the ruling Bharatiya Janata Party lost power in the recent assembly polls in three Hindi heartland states, where rural distress was cited to be one of the reasons for the defeat of the saffron party.
The BJP would want that by March 2022, when UP votes, the economy starts looking up and it heads into the polls with no other issue distracting from its main poll plank of the construction of the Ram temple in Ayodhya.
Thank you, Mr Prime Minister, for bringing colour to our colourless, drab, despair-ridden lives.
The incoming government will have to encourage private investments, bring down cost of capital
Forget about interim Budgets, one cannot easily recall even a full Budget of any government in recent times having rolled out benefits of this order to such a large number of people, says A K Bhattacharya.
The ruling Congress is seeking to retain power in Chhattisgarh by banking on the welfare schemes of the Bhupesh Baghel government, while the Bharatiya Janata Party is hoping to corner it on the issues of alleged corruption, religious conversions and unfulfilled poll promises.
Converting what was supposed to be an interim budget or a vote on account into an almost full-fledged budget announcement in the Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.
Stressing that both the government and the opposition have 'important roles to play', the President said, "While giving expression to their political ideas both must move forward in tandem to ensure that development of the country and welfare of its people are promoted consistently."
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 71st Republic Day.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Speaking at the inauguration and laying of foundation schemes of various schemes, Modi said, Leh and Ladakh will also be benefited by this.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
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