Nirmala Sitharaman’s revenue efforts are a mix of progressive taxation, dipping into the petroleum sector to collect more taxes, and growing protectionism.
Incentivising informal sector workers to save is good, but creating separate schemes for different groups divides an already fragmented pensions market.
India did not choose to move away from Iran for oil; it was forced to. The fact that India managed the costs of this transition efficiently does not convert them into gains.
Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.
CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
Should that have been reflected in the IMF placing fresh disbursements to Pakistan on hold.