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
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
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
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
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
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
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
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
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
“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
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
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
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
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
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
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
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.
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
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
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
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
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
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
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
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
“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
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
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
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
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
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
Welcoming the finance minister’s budget announcement of the introduction of Digital Rupee, Nischal Shetty, founder and CEO, WazirX, a bitcoin exchange platform that allows users to buy or sel
Union minister for finance and corporate affairs Nirmala Sitharaman has concluded the pre-budget consultation meetings for Budget 2023-24 that were held from November 21 to 28 in the virtual mode.
Union Budget 2023-24, presented by finance minister Nirmala Sitharaman in the Parliament on Wednesday, outlined the vision of Amrit Kaal which shall reflect an empowered and inclusive economy.
Union minister of finance and corporate affairs Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament on Wednesday. The highlights of the Budget are as follows: PART A
With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget
SUMMARY OF THE UNION BUDGET 2024-2025 Key points INDIA’S INFLATION CONTINUES TO BE LOW, STABLE AND MOVING TOWARDS THE 4
Several attractive benefits to provide tax relief to salaried individuals and pensioners opting for the new tax regime were announced by finance minister Nirmala Sitharaman while presenting the Uni
No other state in India sees its government school teachers featured in viral videos as frequently as Bihar does. These videos, often amusing to outsiders, showcase reporters asking the simplest of
