Keyword : Union Budget

Economic growth set to cross 7%

Economy grew at 7.5% during December 2014 quarter. The economy will grow 7.4% in the year through March 31, aided by a 7.5% increase in October-December, the ministry of statistics and programme im

Ahead of union budget: Prepare to be rescued

In which country does December mark the middle of the year? That is when the mid-term report of our finance ministry was published. The economic survey, which is presented to parliament the day bef

What women want from the budget

Arvind Subramanian, the new chief economic adviser, has started a series of North Block Policy Charchas that focus on important policy issues of economic and social development, such as land acquis

Arun Jaitley’s juggling act may turn into bad politics

At first glance, the budget seems an annual ritual that strictly follows the colonial legacy in letter and spirit. Rarely does any finance minister deviate from the atmospherics and settings that m

Budget making begins with reshuffle of secretarys

The government has appointed Shaktikanta Das as secretary of the department of economic affairs in place of Rajiv Mehrishi, who retires by the month end.    In a

Railway budget-Union budget merger: Let’s do away with general budget too

Now that the rail budget has chugged into history, the spotlight needs to be turned on the annual financial statement in Article 112 of the Constitution of India – better known as the general

Make in India suffers from an identity crisis: Expert

While the debate on the success or failure of Make in India continues to make headlines, “I argue that it suffers from an identity crisis, nullifying the efforts taken by the government to

Budget 2017: No service charge for online railway tickets

Presenting the union budget 2017-18, finance minister Arun Jaitely announced 1.31 lakh crore for the capital and development expenditure of Indian Railways. A total of Rs 55,000 crore has been allo

Budget 2017: Rs 75 lakh for each online agriculture market

Each online agriculture wholesale market will receive Rs 75 lakh each for the development of cleaning, grading and packaging of the farmers` products. There are 250 regulated markets available on t

Union budget will strengthen India’s economic muscle: FICCI

“This budget would tremendously strengthen the economic muscle of the country. It is directionally correct, fiscally prudent and strengthens the governance fabric of the nation,” said F

The missing links

At its most basic level the union budget is a laundry list of the government’s projected receipts and expenditure – just like a typical household budget. But it is a document which all

A world free from nukes, making budget more meaningful and, role of CVC

UN recently adopted the first-ever treaty to ban nuclear weapons. The ten-page treat is encompassing in its prescriptions: it prohibits a full range of nuclear-weapon-related activities, such as

Let’s make the budget more meaningful

Cloaked in obsessive secrecy, our budget process is rooted in our colonial past. By a single document, the government tries to lay down the roadmap of the economy for the coming financial year. I

Key recommendations for Budget 2018 for better healthcare

In India public sector accounts for only 30 percent of the total healthcare expenditure and investment in building and maintaining public health infrastructure needs priority in the upcoming budget

10 things people expect from budget 2018

When finance minister Arun Jaitley rises to present the union budget 2018 in parliament on Thursday, most Indians will be hoping that he leaves them with more money in their pockets. &nbs

Rs 171.15 crore was revenue in India’s first budget

India’s first budget was presented by RK Shanmukham Chetty, minister of finance, on November 26, 1947.   Here are the key highlights of the budget for the y

Budget 2018: Railways expect more funds for safety

Ahead of the union budget 2018-19, Indian railways is hoping to get adequate funds to strengthen safety and introduce modern signaling system for its gigantic rail network of over 65,000 kms. 

India loses 4% of GDP to malnutrition, say experts ahead of budget

Nearly 4 percent of India’s GDP is estimated to have been lost due to malnutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per

Health budget just one-third of the 2025 target

In the union budget for 2018-19, some big announcements have been made especially for the health sector but not supported by corresponding budgetary allocations. While, on the one hand, allocations

How transparent is our budget?

The ideas of ‘good governance’ and ‘budget transparency’ are intricately related where one practice often influences the other. Over the past few years, the importance of tr

Doubling farmers’ income: Is Budget 2018 in the right direction?

 Farmers need higher returns for their produce to experience increased farm income. The government has continuously promised farmers at least 50 percent higher returns than the cost of their p

Understanding interim budget

Narendra Modi-led NDA government is due to present its last budget on February 1, before the 2019 general elections. Finance minister Arun Jaitley, who is currently in US for medical treatment, is

Budget goes to print with Halwa ceremony

The budget season is here, and the annual document has gone to print, beginning the lock-in period till its presentation in parliament on February 1. The Halwa ceremony, marking the

Union budget 2020-21: key highlights

Presenting the first union budget of the third decade of the century, finance minister Nirmala Sitharaman on Saturday unveiled a series of far-reaching reforms, aimed at energizing the Indian econo

Union budget 2020-21: Significant relief to middle class taxpayers

Finance minister Nirmala Sitharaman presented the union budget for 2020-21 on Friday, providing significant relief in particular to middle-class taxpayers. Here are the main proposals related to ta

Union Budget 2020-21: Central tenet is Ease of Living

“Our prime minister has laid before us ‘Ease of Living’ as a goal to be achieved on behalf of all citizens,” said minister for finance Nirmala Sitharaman while presenting th

75? Only pension and interest income? No need to file tax return

The Union Budget 2021-22 presented in Parliament on Monday by the finance minister Nirmala Sitharaman seeks to further simplify the tax administration, litigation management and ease the compliance

Budget 2021-22 in short: A vision for AatmaNirbhar Bharat

Finance Minister Nirmala Sitharaman on Monday presented in Parliament the Union Budget 2021-22, the first budget of this new decade and also a digital one against the backdrop of unprecedented COVI

Fiscal deficit at 3.8% in 2019-20(Re) and 3.5% for 2020-21(Be)

With the clear intent of achieving fiscal targets and affirming the government’s commitment towards prudent fiscal management and boosting investments, finance minister Nirmala Sitharaman pro

Covid impact: weak revenue flow, high expenditure on essential relief

In the budget speech on Monday, finance minister Nirmala Sitharaman drew the attention of the Parliament on the fact that the pandemic’s impact on the economy has resulted in a weak revenue i

Budget focuses on tribal schools, research collaboration and higher ed commission

Finance minister Nirmala Sitharaman in her budget speech on Monday announced the total budget allocation Rs 54,873.66 crore for school education and Rs 38,325.15 crore for higher education in Budge

Visionary Talk: GVL Narasimha Rao, Member of Parliament, Rajya Sabha on Upcoming UP Elections


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