We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
Financial inclusion has been on the top of the govt's top agenda.
'The Modi regime is not willing to use its huge political capital for taking any economic policy measure that it fears might undermine that political strength, says A K Bhattacharya.
Hitting the campaign trail in Assam for the first time this election, Prime Minister Dr Manmohan Singh on Saturday lambasted the Bharatiya Janata Party as a "party that divides the people and thinks through only one person."
The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.
Weather forecasts have notoriously large error margins.
'Success will require political skill, not just economic expertise'
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
Companies are sending representatives to Bihar, UP, Jharkhand and Odisha to persuade workers to join them.
An interplay of Modi government's outreach in Bihar and the sequence of events in Chirag Paswan's life could make Bihar a game of musical chairs when the results are out.
She said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.
The government last fiscal missed its direct tax collection target, and for this financial year it has set a higher revenue mobilisation goal of Rs 13.80 lakh crore.
A look at the key decisions taken by the Narendra Modi government in its six months.
Maharashtra has the opportunity to solve all these problems by voting for the Congress and NCP, he said.
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
Lalgarh, once a nerve centre of Naxal insurgency in West Bengal, now represents a different place.
The government has budgeted for total expenditure of Rs 34.83 lakh crore or 6.8 per cent of GDP. While the net tax revenue rose from Rs 5,75,697 crore in October 2020 to Rs 10,53,135 crore till October 2021, a growth of 82.93 per cent annualized, total expenditure rose only by 9.95 per cent, led by infra spending to Rs 18,26,725 crore from Rs 16,61,454 crore during the same period, the RBI said in the financial stability report.
Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores. Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent on health, by 227.14 percent on housing. Its expenditure on social welfare schemes has increased by almost 2,475 per cent.
One solution to India's challenges of education, employment, employability lies in state governments adopting apprenticeships on a large scale.
The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.
'There is no food to eat and water to drink and people are migrating in hordes.' 'Chief Minister Fadnavis must shift his base to Marathwada in such times.' 'If you do not help during a drought, then when will you help?'
'The road ahead for the government's fiscal management will be full of many new challenges,' warns A K Bhattacharya.
'The Indian economy has been subsidised by the poor.'
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
'There is no money with the villagers as there is little work.'
Congress vice president says people now laugh at Modi's promise of 'achche din'.
The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya.
While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.
The Y V Reddy-headed commission said the states should use extra fiscal space for productive assets
The finance minister said the economy had been slowing.
Economist Arvind Panagariya is the vice-chairman of NITI Aayog, while economist Bibek Debroy and scientist V K Saraswat are the two full-time members of the Aayog.
'When resources are few; when frugality demands repairing a broken thing rather than replacing it with a brand new and expensive option, enterprising commoners in rural and urban India improvise on a daily basis and solve their problems with whatever they have,' observes Shivanand Kanavi.
The Congress chief alleged that in the 2016 demonetisation exercise, black money became white, nobody went to jail and contrary to the BJP's promise, no one received Rs 15 lakh in their bank account.
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
Budget for 2022-2023 has returned to its agenda for protectionism in the name of creating a self-reliant India, points out A K Bhattacharya.
'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'
The Budget has stuck to annual increases in agri credit targets.
The notion that the BJP gained its increased tally by wiping out the Left parties and the Congress is completely misleading. Equally misleading is the belief that the TMC held its ground in all its existing seats. A little more than a fifth of the seats Mamata Banerjee's party had won in 2016 was lost to the BJP this time.
