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Bud Expert Opinions

Budget 2024 signals rigour in farm policymaking, govt openness to align with states on reforms

Nirmala Sitharaman's speech marks a shift toward a more collaborative, transparent, and strategic policymaking. But Budget 2024 has its share of hits and misses.

Budget 2024 stays clear of populism, continues to create a path for fiscal consolidation

The ‘Vivad se Vishwas' scheme 2024 will provide a fresh opportunity for taxpayers who, in the absence of the settlement commission, had no options but to litigate.

Reduced fiscal deficit signals prudent spending in FY25, will boost foreign investment

Given the weakness in consumption and elevated inflation, Budget 2024 was expected to provide a cushion to individual taxpayers. Some comfort has been provided to those who opt for the new tax regime.

Modi govt’s Budget 2024 plays unabashed appeasement politics—after borrowing Congress ideas

Nirmala Sitharaman finally acknowledged the jobs emergency in her Budget 2024 speech, but the plans to provide employment for four crore youth over five years is characteristic Modi govt bombast.

Does Modi govt deserve credit for tax effort? It’s really nothing to crow about

Any government would increase the emphasis on social welfare schemes. The votes lie disproportionately in rural areas but the income is disproportionately concentrated in urban areas.

Agriculture in Interim Budget 2024—oil seed farmers get a boost but FPOs lose steam

Nirmala Sitharaman’s speech outlined the success of the Modi government & reiterated its focus on four ‘castes’: women, poor, farmers and youth. But there were no big announcements.

Interim Budget 2024 works with limitations, gives the next govt a roadmap for ‘Viksit Bharat’

The Interim Budget 2024 provides guidance for formulating policies to foster and sustain growth, facilitate inclusive and sustainable development, improve productivity, and generate resources to power investments.

Manmohan Singh and Modi’s 10-year economic legacy—MNREGA safety vs unsafe jobs in Israel

The Interim Budget 2024 offers a neat milestone to compare economic, taxation, and expenditure philosophies of Manmohan Singh and Narendra Modi’s ten-year tenures.

Interim Budget 2024 ditched populism. Modi govt didn’t give in to election temptation

Finance Minister Nirmala Sitharaman's Interim Budget 2024 speech makes it clear that the Modi government is confident of being voted back to power. This augurs well for the economy and people of India.

Aditya Puri was top performer at Citibank. At HDFC, he was dismissed as a flash in the pan

In ‘Adityanama’, Smiley Puri offers an insight into the remarkable life of her husband, the legendary Indian banker Aditya Puri.

On Camera

Was India’s public sector born out of European envy?

For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

2 Assam Rifles personnel killed as convoy ambushed in Manipur, on ‘same route Modi took’ fortnight ago

This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border. 

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.