Among the Budgets Nirmala Sitharaman has presented over the past six years, revenue overestimation was a big problem in the Budget for 2019-20, her maiden exercise.
If the idea that regulatory reform is critical has been accepted, the next step lies in arriving at a consensus on what constitutes meaningful regulatory reform.
Union Budget announcement aligns with Modi govt's continued focus on improving urban infrastructure for sustainable development of cities. Rs 10,000 crore proposed for 2025–26.
‘The tirade against capitalism is wholly unfounded. Capitalism as it has shaped during the past quarter of a century is a far better method of developing the economic resources of any country,’ wrote DN Hosali in 1956.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
COMMENTS