Since her first budget in 2019, Finance Minister Nirmala Sitharaman's approach is notable for growing realism, but she must bite the bullet on subsidies which ballooned in Covid years.
Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.
In the next budget, last of Modi govt's 2nd term, announcing a glide path to a deficit target of 4.5% of GDP by 2025-26 would lend credibility to its fiscal consolidation initiatives.
The FY23 fiscal policy appears to be guided by the objective of sustaining economic growth momentum while also being committed to gradual fiscal consolidation.
Money Bills and the role of the Speaker in classifying them must be reconceived to help balance the dual aim of ensuring spending and strengthening democracy.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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