Economy 2017

Union Budget 2017 is a total miss on banking reforms, economy will pay a price for it

During his speech, Jaitley said the government will take care of the additional capital requirements of these banks, but past experience have shown such assurances have hardly materialized.

Crisil says Budget only 'mildly supportive of growth'

Commenting on the drawbacks, Crisil said the one big miss in the Budget is the lack of a roadmap to resolve banking sector's asset quality and recapitalisation woes.

Union Budget 2017 has commendable steps but banks, health, education major misses

In the long run, lack of investment in health and education will have a staggering impact on the economy

Why Union Budget 2017 proposals fall short of Modi govt’s commitment towards farmers

The budget for this crucial wage employment programme MGNREGA did not receive any impressive allocation in the current budget (only Rs 500 crore) compared to the allocation for 2016-17 (RE), i.e. Rs 47,500 core.

Budget 2017: Jaitley's numbers just don't add up; expect little relief from note ban pain

Union Budget 2017-18 reflects a clear choice to stay on the same path even amid the additional difficulties caused by demonetisation – and therefore, promises little relief

Union Budget 2017 is for Bharat, let India take care of itself; is this what Jaitley's thinking?

The focus on MSMEs while cutting corporate tax rate could, some argue, enable massive job creation in the economy as the MSME sector has borne the worst impact from cash squeeze post demonetistaion

Union Budget 2017: Arun Jaitley has got his math wrong as sharp fall in economy not factored in

The budget can be said to hide more than it reveals. It is framed assuming business as usual – something that is not true post November 2016. This is a fatal mistake.

Budget 2017 opinion round-up: Scathing criticism and praise for Arun Jaitley

Some feel Union Budget failed to deal with the pain induced by demonetisation, while others feel this is what Arun Jaitley could have done

Budget 2017: Trade, industry terms budget as growth oriented

Almost all the associations and bodies representing commerce and industry welcomed the introduction of Trade Infrastructure Export Scheme with an allocation of Rs 3.96 lakh crore, which will help the Indian exporters to become globally competitive.

Budget 2017: Defence allocation up over 6.2% at Rs 2.74 lakh cr in 2017-18

The capital outlay for the three defence services for the purchase of new equipment, weapons, aircraft, warships and other military vehicles stood at Rs 86,488 crore for 2016-17 as compared to Rs 78,586 crore for this fiscal.