Friday, 18 January, 2019

Topic: budget

Arun Jaitley in Parliament

What to expect from interim budget, and how it differs from full budget & vote on account

The Modi government is set to present an interim budget in the first week of February.
File photo of PM Narendra Modi | Paul Miller/Bloomberg

Lame duck or populist? Here’s how India’s interim budget works

India watchers are waiting to see if Modi will betray convention and announce tax concessions to win votes.
Arun Jaitley and P.Chidambaram | PTI

How India can get its finance ministers to stop fudging

India has a fiscal responsibility law that lays out a glide path for reducing the Centre’s deficit, but govts have inevitably resorted to Fudgets. ...
Shireen Mazari, human rights minister of Pakistan

Pak minister alleges Muslim rights violations in EU but ignores her own country’s record

Here's what's happening across the border: Nawaz Sharif, Maryam freed, court suspends sentence; Imran Khan fails on austerity promise yet again
Moody's logo displayed outside its headquarters in New York | Scott Eells/Bloomberg

Moody’s says recent GST rate cut will put extra pressure on India’s fiscal consolidation

The ratings agency estimated a revenue loss of around Rs 8,000-10,000 crore due to the GST cut.
Karnataka Chief Minister H D Kumaraswamy | PTI

Kumaraswamy’s budget tomorrow is likely to be a tough exercise in balancing contradictions

While farm loan waiver will be the focus, Kumaraswamy is also expected to announce new programmes for urban Karnataka.
A pedestrian walks past a billboard for the Bharatiya Janta Party (BJP)

Modi bets to gain in Lok Sabha polls with welfare plan for 1/3rd of Indians

Though this extension of benefits to 500 million people may ease his road to 2019, it will also likely widen India's yawning fiscal deficit Prime M...
Narendra modi in the parliament for the budget session 2018

India’s budget threat back in focus after Modi loses Karnataka

The bonds have taken a knock this year, which were further fueled by wider budget targets, faster inflation and a global selloff of emerging market assets.
MGNREGA won’t make stubble burning go away, says govt panel

To stop stubble burning, Punjab makes it mandatory to affix machine to combine harvesters

Farmers will have to buy ‘super straw management system’ at a subsidised rate; govt sets aside Rs 100 crore in state’s budget presented Saturday.

As opposition refuses to budge, BJP to tap LS majority to pass Budget

Sources said the decision came after repeated attempts to reach out failed to assuage the opposition, leading to seven straight days of washou
hiren gohain

Does sedition law apply to JNU & Assam cases or is it being used as tool to stifle dissent?

Ten JNU students, including Kanhaiya Kumar, Umar Khalid and Anirban Bhattacharya have been charge-sheeted under the sedition law for raising ‘anti-India’ slogan...