-The Telegraph Check out numbers for Transfers to states, GST collections and income tax Finance minister Piyush Goyal tried to make people happy with his maiden budget ahead of the Lok Sabha polls, but ended up serving on a platter ammunition that chief ministers such as Mamata Banerjee, Arvind Kejriwal, H.D. Kumaraswamy and N. Chandrababu Naidu are likely to make full use of in the hustings. The campaign managers of the opposition parties...
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Modi Launches a Startling Pre-Election Budget, Massaged by Creative Accounting -Jayati Ghosh
-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...
More »PM Kisan Samman Nidhi: Small farmers to get Rs 6000 direct cash Transfer, first installment before polls
-The Indian Express Called Pradhan Mantri Kisan Samman Nidhi, the scheme will benefit about 12 crore small and marginal farmers and will come into effect retrospectively from December 1, 2018, and the first instalment will be disbursed before the elections. New Delhi: In a bid to woo the farming community ahead of the Lok Sabha elections, interim Finance Minister Piyush Goyal in his Budget speech on Friday announced a Rs 6,000...
More »No way Congress' minimum income guarantee will work without raising taxes -Yogendra Yadav
-ThePrint.in Irrespective of its merits and eventual fate, the basic income proposal means that this election is now focused firmly on the economy. Congress president Rahul Gandhi’s announcement about minimum income guarantee (MIG) is the first big idea introduced in the run-up to the 2019 Lok Sabha elections. So far, the election was building up towards one of the many vacuous and noisy contestations that we have witnessed in the last few...
More »Government weighs options for pre-poll farm package -Vishwa Mohan
-The Times of India NEW DELHI: Will it be Telangana’s ‘Rythu Bandhu’ or Odisha’s ‘Kalia’ scheme which the Centre bets on in its much anticipated farm package ahead of general elections? Apart from these two schemes, the Centre is also looking at some proposals including area-based income compensation and waiving off premium for crop insurance and interest on loans for farmers who pay on time. The Centre’s farm options are due to...
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