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.
Solar module makers' body AISIA on Wednesday sought manufacturing incentives like subsidies, interest subvention, import duty exemption and depreciation benefit in the forthcoming Budget
There is a lot of scope in India for reducing untargeted food and fertiliser subsidies and enhancing revenue administration, the IMF has said
Government's fiscal deficit touched 114.8% of the full-year estimates at the end of November
Global investors, insurers urge G20 to end fossil fuel subsidies; caution govt support to hit key industries
Investors warn continued government support for fossil fuel increases risk of creating stranded assets within the energy sector and can also decrease the competitiveness of key industries.
PM Narendra Modi to launch India Post Payments Bank on 21 August; to target one branch in every district
The India Post Payments Bank app which is expected to be launched on the same day will enable customers to pay for services of around 100 firms including phone recharges and bill, electricity bill, DTH service, college fees, etc., that are present on Bharat Bill payments system of NPCI
Silicon Valley dreams seem very far away in rural Bundelkhand.
SC order extending Aadhaar deadline allays concerns of the elite but fails to protect the most vulnerable
It is imperative that public policy professionals and policymakers examine Aadhaar from an access-to-resources perspective, and not just from a data protection one.
It would be interesting to see if any state decides not to subsidise this power supplied to the poor
Jean Dreze's uses his extensive knowledge of the Indian ground realities to expound on the need for food security and its link to Swaraj.
Junk the chemical fertiliser subsidy policy; it's time now to incentivise farmers for using organic fertilisers
The time has come to junk the chemical fertiliser subsidy policy in a phased manner and wean the farmer away from it
The Aadhaar project has its uses, certainly, but it is time for some stock-taking of its implementation, including concerns about its creep
Yogendra Yadav fears that if Arun Jaitley indeed announces Universal Basic Income in the Union Budget, it will just be a parody. From the signals, what the government is thinking about is neither universal nor basic income
The Aadhaar Bill for this act was approved by Parliament on 16 March and tabled in Parliament as a money Bill
Expect a significant rationalisation of subsidies for the poor, which may mean they are better targeted, not necessarily lessened, through schemes like Direct Benefit Transfer
If tweaking is the need, then the government should look at subsidies, not corporate incentives, which are prone to misuse and where massive leakages are a norm rather than the exception
The FM also said real estate sector will be the next big mover as far as the Indian economy was concerned
From an economic perspective the elections become important as they could be the guiding forces for what happens in the course of this year as well as the future
While cutting down on subsidies further may not be politically possible, if more and more of subsidies are paid directly into the bank account of the beneficiaries, the total amount of black money within the system is likely to come down.