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Big outlays, little spending Why India should have two finance ministers

Jul 30, 2014

Big outlays, little spending Why India should have two finance ministers

One problem with recent budgets is the huge spending proposed. But a lot of essential spending is also not happening, delaying economic revival. We may need an extra FM to ensure plan spending #Finance minister #Narendra Modi #Arun Jaitley #I-Day Speech #Union Budget 2014-15 #Plan Outlay
Changing direction Jaitley heralds shift to low-tax economy

Jul 27, 2014

Changing direction Jaitley heralds shift to low-tax economy

Despite presenting a compromise budget that had large elements of the UPA's approach in it, Arun Jaitley's recent articulations are indicative of a new direction. Budget 2015 will tell us if this is for real. #Arun Jaitley #finance bill #Union Budget 2014-15 #Low Taxation #Pro-Business Policies
Jaitley to address RBI board Will he outline steps taken to tackle fiscal deficit?

Jul 27, 2014

Jaitley to address RBI board Will he outline steps taken to tackle fiscal deficit?

Finance Minister Arun Jaitley will address the board of the Reserve Bank here on August 9 amid expectations that the central bank will complement government actions by reducing rates to boost growth. #Economy #India #RBI #fiscal deficit #Arun Jaitley #Chidambaram #Subsidy #Reforms #Budget 2014 #Union budget 2014
'We are pro-business' Jaitley makes first move to signal right-wing economic philosophy

Jul 20, 2014

'We are pro-business' Jaitley makes first move to signal right-wing economic philosophy

Pro-business is not different from being pro-poor, said the FM. The surprise is this commonsensical statement is such a novelty in Indian political articulation. #Arun Jaitley #Tax #Budget debate #Union Budget 2014-15 #Right-Wing Philosophy
Earth to Mr Jaitley: socialism is not pro-poor, markets are not anti-poor

Jul 12, 2014

Earth to Mr Jaitley: socialism is not pro-poor, markets are not anti-poor

Neither politicians nor commentators seem to understand the meaning of what being pro-market means. There is a naive and unwarranted belief that socialism is pro-poor and markets anti-poor. #Arun Jaitley #Socialism #Capitalism #Budget 2014 #Union Budget 2014-15 #Pro-Poor

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Earth to Mr Jaitley: socialism is not pro-poor, markets are not anti-poor

Sep 01, 2014

Moody's gives Amityville low credit rating for future bond sale

Moody's Investors Service assigned a low credit rating to Village of Amityville bonds last week, a sign of continued concern about its finances despite shrinking deficits. The agency cited the village's "very weak financial position," limited liquidi...
Earth to Mr Jaitley: socialism is not pro-poor, markets are not anti-poor

Aug 30, 2014

Suffolk PBA paid top brass $491G in 2012, while Nassau PBA leaders got $263G, records show

Suffolk County's largest and most powerful police union pays its top brass almost double what its Nassau counterpart pays, according to the latest documents filed with the Internal Revenue Service. The Suffolk County Police Benevolent Association, wh... #Suffolk County Police #Nassau County, NY #Suffolk County, NY #Internal Revenue Service
Earth to Mr Jaitley: socialism is not pro-poor, markets are not anti-poor

Aug 20, 2014

Nassau County faces $71.6 million deficit

Nassau County is facing a $71.6 million deficit by year's end after a three-year employee wage freeze was lifted and sales tax revenues cratered, the county legislature's budget office reported yesterday. The projected deficit does not include the es... #Jon Kaiman #Nassau County, NY