Businesses aren’t investing thanks to mistakes made by UPA. But Modi 1.0 must share the blame for muted financial reforms, partisan telecom policy etc.
The 1991 liberalisation left the financial sector unreformed. The uncompetitive finance system whose growth depends on taxpayer bailouts needs to be replaced.
Finance Minister Nirmala Sitharaman Thursday tabled the Economic Survey 2018-19 in Parliament. The document was prepared by Chief Economic Adviser Krishnamurthy Subramanian.
Finance Minister Harpal Singh Cheema emphasised improving ‘fiscal health’ and augmenting tax revenues in AAP govt's maiden Budget Monday, but outstanding debt expected to rise by 8.4%.
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.