Frbm

BJP manifesto: Continuity for sure, but some goals are aspirational; where will the money come from?

The BJP manifesto promises continuity which is assuring as there will be more of the same with certain toppings directed to the poorer sections.

Minimum income support scheme can be realised by cutting other doles: Former RBI Governor YV Reddy

It would be difficult for state governments to implement a similar scheme as they largely depend on the Centre for finance and borrowing limit, Reddy said

New projects investment unlikely to revive in FY20 though stress in corporate sector has 'plateaued': Report

For FY20, there will not be a major improvement in the liquidity positions and working capital for a majority of corporates, even as some sectors like metals and steel can witness some improvement

YV Reddy’s warning on farm doles: Biggest enemy of Indian farmer is the power-hungry politician flashing freebies

Reddy even pitched for an alternative for farm sector freebies in the form of an agricultural distress fund contributed by both the states and Centre, rather than the ongoing measure of arbitrary scheme announcements.

Economic growth may accelerate to 7.5% in 2019-20 from 7.2% in current fiscal, says CEA KV Subramanian

The Budget pegs fiscal deficit to be at 3.4 percent of the GDP for 2019-20.

Expecting only govt to push GDP growth would be antithesis to capital set-up, private sector should also spend on capex

The government appears to be the only entity driving the investment cycle and all data on investment gets linked to these efforts.

Budget 2019: Time to rethink introduction of multi-year budgeting, setting rolling targets for desired outcomes

More reforms are on the cards in order to introduce multi-year budgeting and change the budget year; these would be important attempts towards addressing the gaps in the Indian budgeting practices at this juncture

Budget 2018: Goldman Sachs warns of higher slippage next year even as fiscal deficit lies on expected lines

The budgeted fiscal deficit is in line with expectations but there are some risks of slippage in financial year 2018-19, unless economic activities formalise at a rapid pace, says a Goldman Sachs report

Govt likely to retain fiscal deficit target of 3% for FY19, revise plan to 3.4% for FY18: Deutsche Bank

FY19 Union Budget to be announced on 1 February is expected to be a populist and to propose more spending towards social sectors

Govt's higher borrowing of Rs 50,000 crore means there will necessarily be fiscal slippage

The alternative is to have central govt breach fiscal deficit target and borrow more from the market, which is being done now