The move to ease out 75,000 compliances and elimination of 1,486 union laws are commendable and could drive investment, says Neelakantan
Already unemployment among the educated youth is increasing at a time when inflation in December touched 12.3 per cent, up from 11.5 per cent in November
The survey expectations for the next fiscal year are conservative compared to the 9% expansion seen by IMF.
In the holiday-shortened last week, the 30-share BSE benchmark plummeted 1,836.95 points or 3.11 per cent
Issues notices to Centre, EC on PIL against populist sops
India has paid USD 29.9 million in UN regular budget assessments for the year 2022
FinMin also exploring the option of rationalising capital gains tax rates
Budget reform is not something the Modi government has shied away from
'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy', he said
Budget could also announce favourable terms for companies accessing bond markets
Govt must make the right interventions in the Budget
The amount overdue from discoms to RE generators has increased from Rs 13,761 crore in March 2021 to Rs 19,341 crore in December 2021
A faster growth projection may cause inflation concerns, say officials
Kishida, long known as a fiscal hawk, has been prioritising economic recovery from the Covid-19 crisis over long-term fiscal reforms since he took office in October
During pre-Budget consultations, industry bodies and economists have advised the finance minister to keep the spending tap open
Successive govts have appointed excellent economists, not because they wanted their advice, but because someone has to prepare the Survey and maybe speak on behalf of the government as a spokesperson.
Finance Minister Nirmala Sitharaman will hold a meeting with finance ministers of states on Thursday as part of customary pre-Budget consultations with various stakeholders.
The Budget must focus on the income effect by taking steps to put more money in the pockets of those who are still earning.
Government managers are not sure if subsidies can be kept in check in FY23 either
This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process