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Credit agencies skeptical of Modi govt's pledge to keep FY15 fiscal deficit target

Jul 11, 2014

Credit agencies skeptical of Modi govt's pledge to keep FY15 fiscal deficit target

With varying degrees of severity, Fitch, Moody's and Standard & Poor's all expressed worries that Finance Minister Arun Jaitley's pledge to keep this year's fiscal deficit to 4.1 percent of gross domestic product looked unrealistic.
#S&P #BJP #Narendra Modi #FDI #fiscal deficit #Arun Jaitley #CRISIL #Subsidies #Fitch #Budget2014 #moody's GDP
Half measures and high ideas: Why Jaitley's budget is a missed opportunity

Jul 11, 2014

Half measures and high ideas: Why Jaitley's budget is a missed opportunity

Jaitley could have signalled that reforms were coming. He did not. This budget is also the story of missed opportunities. #Economy #India #Disinvestment #fiscal deficit #Arun Jaitley #Chidambaram #Subsidy #Tax #Reforms #Budget 2014 #Union budget 2014
A decent effort: Arun Jaitley's budget rates a 7 out of ten

Jul 11, 2014

A decent effort: Arun Jaitley's budget rates a 7 out of ten

On the whole the FM has done a good job working through the constraints with the budget, and tried to give incentives wherever possible and allocating funds where necessary. #India #fiscal deficit #Arun Jaitley #PPF #Budget Analysis #Fuel Subsidy #Budget 2014
Budget 2014's message is India is ready to grow, says Jaitley

Jul 11, 2014

Budget 2014's message is India is ready to grow, says Jaitley

In his interview, the finance minister said he was confident that his government will be able to stick to the 4.1 percent fiscal deficit target even though rating agencies have voiced skepticism about the Budget estimates. #GDP #UPA #Banks #Narendra Modi #fiscal deficit #Arun Jaitley #Subsidies #GST #PSU #DTC #Budget2014

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Govt must spend more to make India a sporting superpower

Nov 27, 2013

Govt must spend more to make India a sporting superpower

The situation in our sports is similar to our education system. If govt facilitated creation of good and adequate education infrastructure, then we won't have so many people going abroad for studies. #Sports #Cricket #Government #Subsidies #LetterstoFP #Vikas Gowda #SAI
Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 23, 2013

Intellectual gluttony: Why is it ok to subsidise gold and not food?

Why do we balk at food subsidy for the poor when we accept every other form of subsidy for the rich - from diesel to power to education? #Economy #India #Amartya Sen #Food security #Subsidy #Gold Duties

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Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 07, 2014

Obama awaits another court ruling that could deal blow to health law

President Obama's healthcare law could be dealt a severe blow this week if a U.S. appeals court rules that some low- and middle-income residents no longer qualify to receive promised government subsidies to pay for their health insurance...
Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 07, 2014

Obama awaits another court ruling that could deal blow to health law

President Obama's healthcare law could be dealt a severe blow this week if a U.S. appeals court rules that some low- and middle-income residents no longer qualify to receive promised government subsidies to pay for their health insurance...
Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 03, 2014

Senator's Obamacare suit faces long odds, scholars say

Wisconsin Sen. Ron Johnson claims the subsidy members receive for insurance is illega...
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