India is set to miss budget deficit target for a second straight year by overestimating the income it expects to receive from taxes, asset sales and other sources.
Modi govt’s expansionary budget is bound to pose a challenge for RBI Governor Shaktikanta Das, who’s chairing his first Monetary Policy Committee meeting.
Prime Minister Narendra Modi has a reputation for fiscal prudence, so the expectation is that somehow or the other his finance ministry will get the numbers in line.
Compassion and cohabitation with animals are ingrained in the Indian value system. A humane solution must be found for the rising conflict between man and free-range animals.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
Between FY 10 and FY 18, the government’s revenue receipts are up to 2.5 times. Can one really think of what the government is doing for all of us that has increased in like magnitude ? Add to this the huge borrowings – 7.4 trillion next financial year – to get an idea of how much the government is preempting from the productive sectors of the economy. No wonder job creation is not taking place.
Between FY 10 and FY 18, the government’s revenue receipts are up to 2.5 times. Can one really think of what the government is doing for all of us that has increased in like magnitude ? Add to this the huge borrowings – 7.4 trillion next financial year – to get an idea of how much the government is preempting from the productive sectors of the economy. No wonder job creation is not taking place.