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.
Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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.