-The Hindu   The national discourse is so superficial that it only talks of foreign direct Investment, Investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

-The Hindu   The urban future depends on making cities intelligent, and that applies equally to both new and old parts of the city Smart cities, the flagship project of the Bharatiya Janata Party's urban vision, have received a firm financial allocation in the Union budget. The government has provided Rs.7,060 crore to build 100 smart cities as satellite towns on the outskirts of large cities to accommodate the burgeoning urban population. Foreign...

-The Hindu Overall, the Budget places considerable emphasis on agricultural renewal and agrarian prosperity. Obviously, the allocations are small but a beginning has been made to look at the problems in farming in a more holistic manner. The Union Budget is a resource allocation exercise. The priorities in the allocation were indicated in the address of the President to Parliament on June 9. While the President's address provides a framework for political...

-Deccan Chronicle New Delhi: With a drought-like situation looming large and food prices remaining high, the Union government on Thursday announced various agri-progra-mmes with an outlay of about Rs 7,500 crore to improve irrigation, soil health, research activities besides promising steps to revamp mandis.   Union finance minister Arun Jaitley said that the Centre will provide cheaper foodgrains through ration shops even if there is marginal decline in farm production due to inadequate...

-The Hindu Rs. 3,000 crore for the North-East alone; fillip to PM's rural scheme The Union Budget 2014 has given importance to fast-tracking highways and improving the road infrastructure to augment the nation's arterial network. "The sector had taken shape between 1998 and 2004 under NDA-I. The sector again needs huge amount of Investment," said Finance Minister Arun Jaitley while tabling the Budget. "I propose Investment in National Highways Authority of India and...