Meity has seen 50% increase in the Budget. While the fund allocation is crucial, several policy measures will have to be taken to ensure that investment in advanced manufacturing systems increases
It can, if it is convinced that the adjustment in the rupee valuation has already been done and the local currency has found its own level
The National Commission concluded that the absence of the attendant and the failure to attempt rescue and revive Neeraj constituted a breach of duty and negligence
Singh also had his pre-proposed ideas; what was in the textbook or his experience. But he opened the door; because he had an openness of thought, driven by his commitment to change
Overall, the government has taken a disciplined approach in this Budget, keeping long-term benefits in mind
To unlock India's growth potential and make it truly Atmanirbhar, the Budget has offered a major credit boost to MSMEs as well as start-ups
The Budget represents a continuation and an acceleration of the government's multi-pronged economic development strategy
The Indian Railways needs a well-thought-out business model and a master plan for successfully implementing the light and express cargo transportation...this job must be entrusted to consultants
The FM announced income tax relief for middle-class households to the tune of $12 billion (0.3 per cent of GDP), which is expected to give a significant boost to urban consumption and savings
The budget underscores the government's belief that infrastructure is the bedrock of sustained growth
It would have been better had the government gone in for across-the-board Customs duty rationalisation instead of picking and choosing sectors across the board
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates
By providing an effective tax cut of Rs 1 trillion to the middle class, the FM will improve consumer confidence and boost consumption
This was an opportune moment to get rid of the old tax system entirely and move fully to the new one. A broad-based, low-rated, and less differentiated tax structure is the need of the hour
Those of us who were so excited by that flurry of reforms and hailed it as a true and virtuous example of not wasting a crisis are now chastened
The regret about this Budget is that it once again shies away from renewing its commitment to strategic disinvestment
A Nabard survey shows a sharp rise in the share of agricultural households in the rural sector with the numbers shooting up from 48 per cent in 2016-17 to 56.7 per cent in 2021-22
We need to be strategic to husband our policy reform resources, devoting energy to a few important areas that will materially impact the investment environment for private persons
While public capex has been retained at its elevated level, it appears that the finance ministry believes that without a more direct push to household demand, growth will subside to unacceptable level
The reduction in TDS rates and rationalisation of TCS provisions are welcome steps