Posts in category

Budget


Maharashtra Chief Minister Devendra Fadnavis Friday welcomed the “pro-poor, pro-farmer and pro-common man” interim Union Budget 2019-20, which the Opposition denounced as a mere “gimmick” ahead of the Lok Sabha polls. The Congress dubbed the budget as the BJP’s “jumlebaz (filled with gimmicks) manifesto” for the polls, while the NCP treated it as a “lollipop”. …

BJP ally and Union minister Ram Vilas Paswan Friday dubbed the budget as the government’s “second surgical strike”, STATING the first used bullets against the country’s external enemies while this will use ballots to decimate the ruling NDA’s rivals in the general election. “This is not budget but surgical strike. The first utilized bullets to …

Today, India needed a budget that grew jobs, supported farmers, and empowered and uplifted the poor and marginalized. What we got was one that hid facts, faked statistics, used poor maths, and made bad promises that make for good press. It is transparent that the interim budget is targeted at winning over particular groups of …

Ahead of BJP-led NDA government presenting the final budget of its duration, Fitch Ratings Thursday warned of a second consecutive year of fiscal slippage in the event of Finance Minister Piyush Goyal resorting to populist spending to win over lost vote base. The interim budget to be presented Friday could give some indication of the …

The government may again defer the deadline to impose retaliatory customs duties on 29 US products, consisting almond, walnut, and pulses, by another 30 days till March 2, an official said. In December 2018, the government for the fourth time different the deadline till January 31. “As discussions are going on between India and the …

The interim budget is anticipated to have “interesting features”, possibly including measures to tackle the farm crisis as well as tax benefits for the middle class, as it reaches out to key constituencies ahead of this summer’s general elections. The nature of tax concessions that may be announced on Friday is not clear but sources …

India is likely to increase its rural welfare spending by 16 percent for the fiscal year beginning April, two government sources said, as Prime Minister Narendra Modi tries to woo the farm vote ahead of a general election due by May this year. In its interim budget on Friday, the government is established to earmark …

The government is anticipated to make a host of populist announcements in the Budget session of Parliament starting Thursday during which the Opposition is likely to corner it on a range of matters, consisting the contentious Rafale fighter jet deal and alleged agrarian distress. The session, which will finish on February 13 and will be …