-The Hindu The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms The Finance Minister’s job is a greatly coveted one but no politician would want to be in Nirmala Sitharaman’s shoes today. The Indian economy has slowed to a 5% crawl. The financial system is under considerable stress. Assumptions about tax revenues have gone awry. The clamour...

-The Hindu The Budget needs to provide direction to India’s tottering economy and a boost to aggregate demand and investment The forthcoming Union Budget will determine whether India’s economic engine gets the steam needed for a rebound, or the current economic situation becomes even worse. Not just the future of the economy, the future of the country’s youth depends on the Budget. The unemployment rate at 6.1% (Financial Year 2017-2018) is the highest...

-Livemint.com MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are growing louder ahead of the upcoming budget. Proponents of MGNREGS believe that it may be the only ammunition in the government’s arsenal to fight rural...

-ANI * 'We will implement the 'one nation, one ration card' scheme by June 1 in the whole country,' says Ram Vilas Paswan * Under this scheme a beneficiary will be able to avail benefits across the country using the same ration card Patna: Union Minister Ram Vilas Paswan on Monday announced that the 'One Nation, One Ration Card' scheme will be implemented by June 1 across the country. "We will implement the 'One...

-The Hindu Supreme Court issues notice to Centre on the petition by a law student The Supreme Court on Monday asked the Centre to respond to a plea filed by a law student seeking the implementation of the Justice J.S. Verma Committee report on crime against women and children. The court issued notices to the government on a plea by B. Srinivas Goud, represented by advocates Ramaswami Balaji and Shravan Kumar, for...