-Livemint.com Pro-poor and yet not populist can be the single defining strand of this year’s Union budget The run-up to this year’s Union budget, especially the past one week, has taken place in the backdrop of an unprecedented, vicious political confrontation between the ruling Bharatiya Janata Party (BJP) and the opposition. Together with the hit-wicket tendencies of the BJP-led National Democratic Alliance (NDA), it probably exaggerated the magnitude of every challenge...
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Is there room in the budget for a big rural stimulus? -Roshan Kishore
-Livemint.com Three questions can help understand whether the budget has enough wherewithal to provide a big rural stimulus New Delhi: The government has given enough signals that the distress-ridden rural sector would receive special focus in the forthcoming Budget. On Monday, a Mint report quoted senior officials in the agriculture ministry saying that there could be a significant increase in budgetary allocations for crop insurance and irrigation. But in the backdrop...
More »Economy set for takeoff, but tick off reforms checklist first: Survey
-The Times of India The Indian economy has the engines for growth to cruise at 8% to 10%, but strong global headwinds mean that in the immediate future it's more likely to grow at somewhere between 7% and 7.75%, said the government's annual Economic Survey, released on Friday. On the WHOle, the Survey was bullish on India, describing it as a "haven of stability and an outpost of opportunity" in a gloomy...
More »High-level probe ordered into ‘rapes’ during Jat quota violence -Shiv Sunny
-The Hindu The Punjab and Haryana High Court has taken suo motu cognizance of the alleged crime reported by a newspaper; no eyewitness or victims produced yet A high-level probe has been ordered into allegations of at least 10 women being raped by members of a mob in Murthal village in Haryana during the recent quota agitation by the Jat community. Apart from top police officers from the State and members of the...
More »Railway min Prabhu is fudging numbers to look good: ex-min Trivedi -Srinand Jha
-Hindustan Times Less than a day before the Railway budget is presented in the parliament, former railways minister Dinesh Trivedi’s allegations against incumbent minister Suresh Prabhu of “fudging numbers” and concealing facts about the organisation’s financial health have surfaced in a letter to Prime Minister Narendra Modi, that also charges Prabhu of copying Trivedi’s earlier budget speech. Citing that the current Operating Ratio (every paisa spent against a rupee earned) had reached...
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