Finance Minister Arun Jaitley may have blotted his copybook by conceding a slippage in his fiscal deficit target of 3.2% of gross domestic product (GDP)
Month: February 2018
Union Budget 2018: Well crafted, but fiscal stress shows | Business Standard Editorials–02.02.2018
The Finance Minister, Arun Jaitley, has presented a Budget that looks good from all sides, but one that deserves closer scrutiny to better understand the
Be consistent in accounting: Govt should not ignore costs of bank recap | Business Standard Editorials–02.02.2018
The fiscal deficit number in the Union Budget is always keenly watched, and for good reason. It is a measure of government profligacy, of whether
Budget 2018: Focus back to raising revenue & spending wisely in small bits | Business Standard Column–02.02.2018
Budgeting in India has returned to its original purpose: to raise revenue in small bits and to spend wisely in small bits. When nothing much
Budget 2018: After all the hype, Jaitley delivers fairly balanced outcome | Business Standard News–02.02.2018
Budget 2018 came out fairly balanced, with disappointments on the income tax and LTCG tax fronts for households and markets, respectively. Further, the government’s projections
Courage fails, rhetoric remains | The Indian Express–Ex Finance Minister Mr. P Chidambaram–02.02.2018
Every budget has a context, every budget must have a goal. The context of Budget 2018-19 was graphically described in the Economic Survey: The macro-economic
Where’s the money, Mr Jaitley? | The Indian Express–02.02.2018
This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So
Union Budget 2018: A Step Forward | The Indian Express–02.02.2018
All happy families are alike; each unhappy family is unhappy in its own way”. In Anna Karenina, only if a person is satisfied on all
Union Budget 2018: Signs of nervousness | The Indian Express–02.02.2018
The budget for 2018, at its core, re-enacts a familiar tension of Indian policymaking. On the one hand, it reassuringly tries to respond to genuine
Union Budget 2018: The right focus, a blurred vision | editorial–The Indian Express
Union Buget 2018: For the coming fiscal, the budget estimate of 3.2 per cent is the same as last year’s and above the 3 per
Jaitley failed fiscal deficit test, thank God this was last budget of this govt: P Chidambaram | The Indian Express–02.02.2018
Former finance minister P Chidambaram slammed the Budget 2018 presented by Finance Minister Arun Jaitley in Parliament on Thursday and said the proposals should have
Sidbi to offer concessional loans to small and micro enterprises – The Economic Times–01.02.2018
For Small and Medium Enterprises there is yet another reason for smile – the Small Industries Development Bank of India, SIDBI, has begun directly to
Budget 2018: Clear need for innovation in the SME financing space–01.02.2018
Financial services industry has been an early user of the JAM infrastructure. In fact, the cost and scale impact of JAM is already visible in
GST: E-way bill could prove to the final piece of the puzzle – The Economic Times–01.02.2018
The past 15 months have seen a significant structural shift in Indian businesses and the supply chain ecosystem. Demonetisation and Goods and Services Tax (GST)
Here is why unviable banks must go – The Financial Express–01.02.2018
The Economic Survey talks of how the long-standing “exit” problem for companies has been addressed, but asserts this must be accompanied by reforms to shrink
Economic Survey 2017-18: Why reviving capex will be very tough – The Financial Express–01.02.2018
Budget 2018: Both demonetisation and GST disrupted the economy — though all evidence suggests the worst may be behind us— but as the Economic Survey
Economic Survey has exposed govt failures in 3 main areas: Chidambaram – Business Line–01.02.2018
Days ahead of the Union Budget, former Finance Minister P Chidambaram trained his guns on the ruling BJP, asserting that the Economic Survey had nailed
Budget for uncertain times | The Indian Express–01.02.2018
On the face of it, getting to the Economic Survey’s higher FY19 GDP forecast of 7-7.5 per cent as compared to this year’s 6.75 per
Why Jaitley should steer clear of the easy attractions of fiscal profligacy | Hindustan Times–01.02.2018
The first instinct of any rational politician is to open the spending spigots in the months leading to an important election. Finance minister Arun Jaitley