While the goodies extended by Finance Minister Piyush Goyal this time, did warm the sector a bit, many industry stalwarts highlight the key aspects neglected
Category: Economy
Rid Budget Math of Fuzzy Numbers–Economic Times
The Centre’s fiscal deficit has been understated in the interim budget with the government keeping some of the debt serviced out of the Consolidated Fund
Managing the stimulus | The Indian Express
Like in each of the previous two years, the run-up to the budget this year was rife with fears of significant fiscal slippage if the
Statistician: Unpalatable numbers: Statistician who rocked Indian government had to take a stand–Economic Times
P.C. Mohanan grew up in a village without electricity, studied statistics at a public university, and then spent more than three decades crunching numbers for
Budget 2019: View: Why this Budget is unethical and iniquitous–Economic Times
This is also a hugely unequal budget. This is an election budget that strays far beyond the remit of an interim budget, whose only concession
Moody: Budget gives no clarity on how to improve credit profile: William Foster, Moody’s–Economic Times
We had not expected 3.4% fiscal deficit target in FY20, The original target had been 3.1%. In FY21, the target is 3%. It is going
Welfarism and bias | Business Standard Editorials
Two of the major new initiatives in the interim Budget presented last week have met with sharply different reactions even though both were fiscally expansionary
Implementation worries | Business Standard Editorials
In the interim Budget, the government has unveiled two programmes providing economic assistance to the needy sections of society. These include the income support scheme
Govt’s shrinking fiscal space | Business Standard Column
Election year should be a time when we seriously reflect on the medium-term structure of fiscal policy. But election year also involves an interim Budget
NSSO–Satyameva Jayate | Business Standard Column
One response of the government to the post demonetisation jobs challenge was that there was no problem with jobs per se, but the problem was with lack of reliable
Relief for exporters as Gujarat HC strikes down notification on pre-import riders – The Hindu BusinessLine
Conditions hindered exporters in getting exemption from IGST, compensation cess What could be seen as major relief for the exporters, the Gujarat High Court has
Voters’ dilemma: Populism or inclusive growth? – The Hindu BusinessLine
There has been continuity in reforms under different governments since the early nineties. The Narasimha Rao government initiated liberalising reforms in many dimensions, NDA I
Budget’s how question | The Indian Express
The finance minister began with recounting the major economic achievements and reforms carried out by the government over the last four-and-a-half years. Inflation is controlled,
Hiding jobs data won’t help | Deccan Herald
The report of the National Sample Survey Office (NSSO) that unemployment stood at a 45-year high in 2017-18 has raised questions over the Modi government’s
‘Filing return a must to get rebate benefit’ – The Hindu BusinessLine
Revenue Secretary Ajay B Pandey has said that one will have to file the return to get the full rebate on taxable income up to ₹5
Should India be worried about Brexit? – The Economic Times
By Naresh Kaushik The clock is ticking. Britain is set to leave the European Union on March 29, less than two months from now. It’ll crash out
Case for vigilance on the fiscal front–Economic Times
The Centre has overshot its budgeted fiscal deficit marginally this fiscal, with the revised estimate at 3.4% of GDP against the budget estimate of 3.3%
Sizing up the Budget: T N Ninan and A K Bhattacharya explain Interim Budget 2019, Video Gallery – Business Standard
Sizing up the Budget: T N Ninan and A K Bhattacharya explain Interim Budget 2019 Business Standard Chairman T N Ninan and Editorial Director A
New FDI rules: Thousands of products disappear from e-commerce websites | Business Standard News
Amazon and Walmart ’s grand plans for India were thrown into chaos on Friday after the country implemented new e-commerce regulations, which could cut their growth in the market by
Interim Budget 2019: Economy caught in a 3.5%/7.5% trap? | Business Standard Column
The interim Budget for 2019-20 has “general elections” writ all over it. The big ticket item is, of course, the cash transfer scheme for farmers