Budget 2019 serves all sectors of economy, builds upon India's growth story of last 5 yrs, writes ex-FM Arun Jaitley in blog
The Budget 2019 creates a political direction for an aspirational India. The economically weaker sections get the basic amenities of life and several sectors of interest to the middle-class have been incentivised.
No mechanism for welfare: Aadhaar turns into a burden instead of benefit for 3,000 tribal women in Maharashtra
The seeding of the Aadhaar number to bank accounts and a host of other services is increasingly inconveniencing people.
India's corporate entities have also started implementing Aadhaar into their HR workflow. Mahindra & Mahindra, for instance, is the latest Indian multi-national company which has implemented Aadhaar enabled salary payments.
Free Basics: Nandan Nilekani’s formula is wrong; the state must stay clear of offering internet sops
There may be much to be cynical about Facebook's Free Basics and its ambition, but then it is a corporation whose sole motive, in all probability, is profit making.
The Economic Survey tabled in parliament is more optimistic in tone than others in the recent past. It sees "creative incrementalism" as the route to reforms and raising GDP growth to double-digits. One-shot big bang reform is not needed
The Jan Dhan Yojana scheme's success depends on how active these accounts become. One sign: the number of zero-balance accounts is falling. The LPG cash transfers may be helping
In the absence of a careful approach, as the RBI highlighted, 7.5 crore zero-balance accounts will become a liability to the system
In a worst-case scenario, the Jan Dhan Yojana could cost banks or the govt upto Rs 13,500 crore annually. But once more subsidies are moved to direct transfers and bank accounts, it will break even
The PMO is planning to pay the LPG cash subsidy for only one cylinder upfront: this means the oil companies will bear a part of the UPA's re-election costs