It took 21 years to state similar objectives on disinvestment. Immense political capital had to be spent by the Atal Bihari Vajpayee government in disinvesting 16 CPSEs before ‘alliance dharma’…
How did India handle the previous two economic crises — the Asian and the global financial crises? What can we learn from them to understand the rationale behind GoI’s policy…
Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in…
A higher fiscal deficit on account of blasé accounting reforms may suggest that the Centre has pumped in an enormous stimulus even as naya paisa laid out is actually minimal.SynopsisBudget…
India’s budget for 2021-22 has the potential to lift growth prospects and its credit impact would depend on the growth outlook, said global rating agency Fitch, on Wednesday. “Higher expenditure…
India has vowed to spend almost half-a-trillion dollars to bring the pandemic-ravaged economy back onto a growth path, but that risks leaving vulnerable sections that still need support without immediate…
The government seems to have decided that India is beyond the Covid-19 crisis, evident from the planned reduction in expenditure on the rural employment guarantee scheme, said experts during a…
Last week’s Union budget for 2021-22 targets a fiscal deficit of 6.8%. It might sound counterintuitive, but this target is too conservative. With GDP growth projected to be 14.4% as…
New Delhi: Finance minister Nirmala Sitharaman has said the budget stresses on areas with high multiplier effect such as infrastructure that would facilitate the private investments with thrust being on…
The government is sticking to the target of becoming a USD 5 trillion economy by 2024-25 and emphasis on infrastructure sector and other initiatives taken in Budget 2021-22 are aimed…