-The Hindu The Union Budget 2016-17 is also the BJP’s way of trying to woo what was always a Congress constituency – rural India. Finance Minister Arun Jaitley’s third budget has a clear political message: aimed at creating a “feel good” sense among farmers and the rural poor with an eye to the slew of state elections due soon, it is an attempt to change the perception that this is a pro-rich...
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Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
More »Applause and the fine print -Devadeep Purohit
-The Telegraph Arun Jaitley today drew loud cheers from the fiscal conservatives as he displayed "prudence" and stuck to the fiscal deficit - which captures the government's borrowing requirements - target of 3.9 per cent of the GDP for 2015-16 and pegged it at 3.5 per cent of the GDP for 2016-17. As the achievement came despite all the problems that the Indian economy faced - the Economic Survey presented details of...
More »Jats think they’re backward; there’s a reason -Harish Damodaran
-The Indian Express Agriculture doesn’t pay that much, land is no longer the source of power it once was, and the community has failed to keep up with a changing India. The Jats conform fully to the idea of a ‘dominant caste’, a term the eminent sociologist M N Srinivas used to refer to any community that is both numerically strong in a village or local area, as well as wields...
More »More than Make in India, Jaitley Needs to Focus on Farm in India -Devinder Sharma
-TheWire.in We are in a moment when the global economy shows no signs of revival; Russia and Japan are faced with recession, and emerging economies like Brazil and South Africa are in dire straits. There is no silver lining visible as far as domestic industrial growth is concerned. At such a time, all eyes are on Union finance minister Arun Jaitley to see how he plans to sustain economic growth that...
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