Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | A Budget few can quarrel over -TT Ram Mohan    </title>
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-The Hindu

Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections

Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth...."/>
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-The Hindu

Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections

Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth...." />
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                            <div align="justify">-The Hindu<br /><br /><em>Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections<br /></em><br />Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth. Others said it would be a populist budget aimed at the upcoming elections in Uttar Pradesh and elsewhere.<br /><br />It has turned out to be neither. Finance Minister Arun Jaitley has presented a &lsquo;don&rsquo;t rock the boat&rsquo; Budget that is intended to reassure international investors that India will continue to be a bright spot in the world economy. In the climate of uncertainty that shrouds the world economy and the Indian economy alike, that seems sensible.<br /><br />Foreign investors will be impressed with the stability of the Centre&rsquo;s finances. Mr. Jaitley has met the fiscal deficit target of 3.5% for 2016-17 in spite of exceeding the expenditure targets on both the revenue and capital accounts. This is in refreshing contrast to the past when the fiscal deficit target was met through cuts in capital expenditure.<br /><br />Mr. Jaitley has managed his feat thanks to buoyant tax revenues for the second year in succession. Tax revenues have been boosted by buoyancy in both direct and indirect tax revenues. These have offset the shortfalls on account of spectrum sale and disinvestment. Customs duty has disappointed but excise duty and personal and corporate tax have contributed significantly. The government has taken advantage of low international oil prices to raise the excise duty on petroleum products.<br /><br />The tax-to-GDP ratio has risen to 11.3% of GDP, compared to the Budget estimate of 10.8%. This is the first time since 2007-08 that the tax-to-GDP ratio has crossed the 11% mark; it had stagnated at around 10% since 2008-09. At the same time, the expenditure-to-GDP ratio has declined over the years. These are structural changes that will boost confidence in the Indian economy.<br /><br />Please <a href="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true" title="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true" class="re" target="_blank">The Hindu, 2 February, 2017, http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true</a><div class="clear"></div>
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        LATEST NEWS UPDATES | A Budget few can quarrel over -TT Ram Mohan    </title>
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-The Hindu

Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections

Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth...."/>
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-The Hindu

Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections

Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth...." />
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                            <div align="justify">-The Hindu<br /><br /><em>Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections<br /></em><br />Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth. Others said it would be a populist budget aimed at the upcoming elections in Uttar Pradesh and elsewhere.<br /><br />It has turned out to be neither. Finance Minister Arun Jaitley has presented a &lsquo;don&rsquo;t rock the boat&rsquo; Budget that is intended to reassure international investors that India will continue to be a bright spot in the world economy. In the climate of uncertainty that shrouds the world economy and the Indian economy alike, that seems sensible.<br /><br />Foreign investors will be impressed with the stability of the Centre&rsquo;s finances. Mr. Jaitley has met the fiscal deficit target of 3.5% for 2016-17 in spite of exceeding the expenditure targets on both the revenue and capital accounts. This is in refreshing contrast to the past when the fiscal deficit target was met through cuts in capital expenditure.<br /><br />Mr. Jaitley has managed his feat thanks to buoyant tax revenues for the second year in succession. Tax revenues have been boosted by buoyancy in both direct and indirect tax revenues. These have offset the shortfalls on account of spectrum sale and disinvestment. Customs duty has disappointed but excise duty and personal and corporate tax have contributed significantly. The government has taken advantage of low international oil prices to raise the excise duty on petroleum products.<br /><br />The tax-to-GDP ratio has risen to 11.3% of GDP, compared to the Budget estimate of 10.8%. This is the first time since 2007-08 that the tax-to-GDP ratio has crossed the 11% mark; it had stagnated at around 10% since 2008-09. At the same time, the expenditure-to-GDP ratio has declined over the years. These are structural changes that will boost confidence in the Indian economy.<br /><br />Please <a href="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true" title="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true" class="re" target="_blank">The Hindu, 2 February, 2017, http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true</a><div class="clear"></div>
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        LATEST NEWS UPDATES | A Budget few can quarrel over -TT Ram Mohan    </title>
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-The Hindu

Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections

Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth...."/>
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-The Hindu

Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections

Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth...." />
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                            <div align="justify">-The Hindu<br /><br /><em>Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections<br /></em><br />Some said it was a &lsquo;make or break&rsquo; Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth. Others said it would be a populist budget aimed at the upcoming elections in Uttar Pradesh and elsewhere.<br /><br />It has turned out to be neither. Finance Minister Arun Jaitley has presented a &lsquo;don&rsquo;t rock the boat&rsquo; Budget that is intended to reassure international investors that India will continue to be a bright spot in the world economy. In the climate of uncertainty that shrouds the world economy and the Indian economy alike, that seems sensible.<br /><br />Foreign investors will be impressed with the stability of the Centre&rsquo;s finances. Mr. Jaitley has met the fiscal deficit target of 3.5% for 2016-17 in spite of exceeding the expenditure targets on both the revenue and capital accounts. This is in refreshing contrast to the past when the fiscal deficit target was met through cuts in capital expenditure.<br /><br />Mr. Jaitley has managed his feat thanks to buoyant tax revenues for the second year in succession. Tax revenues have been boosted by buoyancy in both direct and indirect tax revenues. These have offset the shortfalls on account of spectrum sale and disinvestment. Customs duty has disappointed but excise duty and personal and corporate tax have contributed significantly. The government has taken advantage of low international oil prices to raise the excise duty on petroleum products.<br /><br />The tax-to-GDP ratio has risen to 11.3% of GDP, compared to the Budget estimate of 10.8%. This is the first time since 2007-08 that the tax-to-GDP ratio has crossed the 11% mark; it had stagnated at around 10% since 2008-09. At the same time, the expenditure-to-GDP ratio has declined over the years. These are structural changes that will boost confidence in the Indian economy.<br /><br />Please <a href="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true" title="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true" class="re" target="_blank">The Hindu, 2 February, 2017, http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true</a><div class="clear"></div>
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Home हिन्दी

A Budget few can quarrel over -TT Ram Mohan

Published on Feb 2, 2017   Modified on Feb 2, 2017

-The Hindu Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections Some said it was a ‘make or break’ Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth. Others said it would be a populist budget aimed at the upcoming elections in Uttar Pradesh and elsewhere. It has turned out to be neither. Finance Minister Arun Jaitley has presented a ‘don’t rock the boat’ Budget that is intended to reassure international investors that India will continue to be a bright spot in the world economy. In the climate of uncertainty that shrouds the world economy and the Indian economy alike, that seems sensible. Foreign investors will be impressed with the stability of the Centre’s finances. Mr. Jaitley has met the fiscal deficit target of 3.5% for 2016-17 in spite of exceeding the expenditure targets on both the revenue and capital accounts. This is in refreshing contrast to the past when the fiscal deficit target was met through cuts in capital expenditure. Mr. Jaitley has managed his feat thanks to buoyant tax revenues for the second year in succession. Tax revenues have been boosted by buoyancy in both direct and indirect tax revenues. These have offset the shortfalls on account of spectrum sale and disinvestment. Customs duty has disappointed but excise duty and personal and corporate tax have contributed significantly. The government has taken advantage of low international oil prices to raise the excise duty on petroleum products. The tax-to-GDP ratio has risen to 11.3% of GDP, compared to the Budget estimate of 10.8%. This is the first time since 2007-08 that the tax-to-GDP ratio has crossed the 11% mark; it had stagnated at around 10% since 2008-09. At the same time, the expenditure-to-GDP ratio has declined over the years. These are structural changes that will boost confidence in the Indian economy. Please click here to read more.

The Hindu, 2 February, 2017, http://www.thehindu.com/opinion/op-ed/A-Budget-few-can-quarrel-over/article17128752.ece?homepage=true

Tagged with: Economic Growth Tax Revenue fiscal deficit Union Budget

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