The target signals the government's intention to remain fiscally prudent despite expectations it may ramp up spending on welfare programs following a weaker than anticipated election victory for Modi.
The Bombay Plan was revolutionary because of its focus on the role of the state in the economy, its emphasis on significant investments in basic public goods.
The Budget Session of Parliament will commence Monday and subject to the exigencies of government business, the session is likely to conclude on 12 August.
The renewable energy ecosystem requires budgetary support, tax breaks, relief in import duties and tariff barriers to expedite development and attract necessary investment.
In pre-budget meeting held in June with Finance Minister Sitharaman, Swadeshi Jagran Manch suggested incentivising those generating more employment & measures to control food inflation.
The US military operation in Venezuela raises global concern. Experts say that Trump’s action could weaken global legal standards and fuel geopolitical instability.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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