-The Indian Express In Budget 2017-18, a sum of Rs 7,377 crore has been allocated to the Pradhan Mantri Krishi Sinchayee Yojana, a 42 per cent jump over the revised estimates for FY17. India is home to 17.5 per cent of the world’s population, but has only 4 per cent of the fresh water resources. Agriculture consumes some 78 per cent of the fresh water supply. With increasing urbanisation and industrialisation, India...
More »SEARCH RESULT
Total Matching Records found : 594
A Budget few can quarrel over -TT Ram Mohan
-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...
More »Quality of spending comes under radar as fiscal draws to a close -Surabhi
-The Hindu Business Line Economists warn that revenue deficit may breach target New Delhi: Will the Exchequer’s switch to a new classification of expenditure from 2017-18 help lower the revenue deficit and improve the quality of spending? The Finance Ministry believes that shift in classification to revenue and capital expenditure from April 1, departing from the current distinction of Plan and Non-Plan spending, will help it direct expenditure towards productive purposes. It is also...
More »Tax buoyancy improves, thanks to indirect levy -Muthukumar K
-The Hindu Business Line Research Bureau But indirect tax is inequitable as it is a burden for both the rich and the poor alike The growth in tax collection in relation to GDP growth has improved over the past couple of years under the Modi regime. In 2013-14, the final year of the UPA regime, tax buoyancy hit a four-year low at 0.71. Since then, it has improved to 1.23 in 2014-15 and...
More »Demonetisation: BJP Talk of "Cash Transfers" To Common Folk Is Sheer Deception -Prabhat Patnaik
-TheCitizen.in NEW DELHI: A bizarre argument is doing the rounds these days. It states that the cash which gets disabled in the “black economy” because of the government’s demonetization measure, would enable the government to undertake an equivalent amount of expenditure with impunity; it can therefore spend more on infrastructure and other essential areas, or simply provide cash transfers to the people. BJP spokespersons who have been putting forward this argument, are...
More »
