The changes ensure that payments such as dearness allowance or pensions, that are linked to the CPI, will be more closely based on the true consumption baskets of households.
Govt has done well to stick to path of fiscal consolidation. It’s unclear if compression of revenue spends net of interest payments is the direction the govt would like to take in coming yrs.
The first advance estimates peg India’s GDP (Gross Domestic Product) growth at 6.4 percent in FY 2024-25, compared to 8.2 percent growth recorded in...
With a favourable macro-fiscal backdrop, the finance minister can use the additional fiscal space to either hasten the path to consolidation or support the sectors with subdued growth.
Layers of complexity due to multiple tax rates result in similar products being taxed differently. There should be a phased move towards a low single rate to reduce incentive for evasion.
The plan could be announced in July, when Prime Minister Narendra Modi's government presents the first budget after BJP failed to win a majority on its own.
Consumption inequality between top & bottom 5% of population is more pronounced in urban India, latest Household Consumer Expenditure Survey says. Widest gap in rural Rajasthan & urban Haryana.
The outcome of the general elections has taken a surprising turn, differing from both exit poll predictions and market expectations. However, the agenda for...
Household Consumption Expenditure Survey shows urban-rural gap has narrowed, particularly at lower levels of consumption, implying effectiveness of govt policies in improving rural incomes.
Other key findings include spending on food falls in expenditure of rural households in 11 years. Report made after survey of 2.76 lakh-plus households across country.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
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