-The Indian Express There are many things that the Government can do to improve ease of doing business for kisan and industry. The budget season is upon us, with a flurry of submissions being made to the finance minister from all quarters. The budget itself could result in a fine-tuning of tax rates and allocation adjustments against various expenditure heads/ministries. There are implications from these for all sectors. And no less...
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How deep is India's fiscal hole? -Nikita Kwatra
-Livemint.com Taking into account a likely shortfall in revenue and off-budget spending, the real fiscal deficit could be as high as 5.5% of GDP in the current fiscal Mumbai: As India’s economic slowdown has intensified, so has the debate on whether the Government should stick to fiscal consolidation or run a higher deficit to push growth in the upcoming budget, due on 1 February. However, data on revenue available so far suggests that...
More »Cut in reserve price of rice, wheat will hit FCI -Rajalakshmi Nirmal
-The Hindu Business Line Govt move to clear grain stocks with FCI; Corpn holding 2.6 times the buffer norm In an article dated January 6, 2020 (MSP hike leaves FCI with mountain of grains), BusinessLine had indicated that FCI may have to sell a significant amount of its rice stock in the open market if it has to make room for fresh procurement of paddy and wheat. The time for this has...
More »Can Budget 2020 make good healthcare more affordable to common people? -Anupama Joshi
-The Indian Express As India inches towards its goal of universal healthcare, there is a need for the budget to try to ensure that healthcare sector requirements are well funded and the budget contains provisions that energise accessible, affordable and quality healthcare. Here's what the Government can do to boost the healthcare sector. India’s annual healthcare spend hovers around 4 per cent of GDP with high out of pocket expenditure and low...
More »Centre refuses to give more funds to Kerala for flood relief
-The Hindu Utilisation certificates not given for 50% of money sanctioned after 2018 deluge, says Centre The Centre will not allot any additional assistance to Kerala from the National Disaster Response Fund (NDRF) as it has failed to produce utilisation certificates for 50% of over Rs. 3,000 crore fund allotted to it after the 2018 floods, a senior Home Ministry official said on Thursday. The Kerala Government had demanded an additional Rs.2,000 crore...
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