FM Sitharaman skipped injecting fresh capital into Indian lenders for the first time since 2014. Instead, govt will sell stakes in 2 financial firms to raise cash.
Government is banking on NSSF, market and investors. But if any of these don’t play as per the script, then financing of fiscal deficit will become challenging.
The underlying assumption in the Budget’s economic strategy is that the Indian economy appears to have bottomed out and is expected to pick up in 2020-21.
To boost the startup ecosystem, Budget 2020 proposes to ease the burden of taxation on the employees by deferring the tax payment on ESOPs of startups.
What was sorely needed from Finance Minister Nirmala Sitharaman was that she deliver a 'historic' Budget 2020. But Indians got a 'history' budget instead.
The test raises a question. Why have Russian nuclear strategists now invested in the Burevestnik, when the US abandoned nuclear ramjet propulsion in 1964?
Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
Elementary Watson! When the govt. sucks away the money intended for public lending. the poor private corporations are out of source for their need.Net result is an economy with incompetent and inefficient public sector (BSNL, Air India) and cash poor industries run by the Private sector. That India is, well, not a working model.
Elementary Watson! When the govt. sucks away the money intended for public lending. the poor private corporations are out of source for their need.Net result is an economy with incompetent and inefficient public sector (BSNL, Air India) and cash poor industries run by the Private sector. That India is, well, not a working model.