-The Indian Express Union budget 2019 Date, 5 July 2019: Expected to outline the economic trajectory of the new NDA govt, the Budget, come July 5, will be watched as much for any big ideas to kickstart growth as the government’s patchy record on fiscal prudence. The Indian Express does the maths Union budget 2019 Date: On February 28, 2015, at the customary post-Budget press conference, then finance minister Arun Jaitley,...
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Loan schemes don't reach 59% of rural India: Survey
-PTI * Survey also noted that the next generation in 48% farming families does not want to pursue agriculture * At least 43.6 per cent farmers said they did not get the correct price for their produce, said the survey conducted rural media platform Gaon Connection NEW DELHI: Loan schemes don't reach almost 60% people in rural India, says a new survey which also finds climate change to be the biggest challenge for...
More »Five policy reforms to jump-start growth -Niranjan Rajadhyaksha
-Livemint.com How India can put in place policy reforms to raise GDP growth without creating macroeconomic instability Mumbai: The second Narendra Modi government has begun its innings in the midst of a sharp economic slowdown. Economic expansion in the fourth quarter of the previous financial year was at the lowest level in five years—and 2.2 percentage points lower than growth in the first quarter of that year. The recent loss in economic...
More »India's budget math faces a tough challenge now -Nikita Kwatra
-Livemint.com To keep up with the pressure of making headline fiscal deficit numbers look good, the government has increasingly resorted to off-budget financing for revenue as well as capital spending As with every other Union budget in the country, all eyes will focus on the fiscal deficit number that India’s new finance minister, Nirmala Sitharaman presents on 5 July in her maiden budget speech. But for many investors and analysts, how that...
More »To transform the agrarian sector, a focus on deep-rooted structural issues is needed
-The Telegraph The BJP government must realize that it cannot and should not be done by income transfers alone A new scheme, the Pradhan Mantri Kisan Samman Nidhi, was announced in the interim Union budget presented earlier this year. It was stated that under this scheme farmers holding up to two hectares of land would be entitled to Rs 6,000 every year, to be paid from the budget in three equal instalments....
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