Page 3 - Interim Budget 2019

Farm sector doles 'disturbing trend', will impact growth: Y V Reddy

Reddy said the major concern with the income support scheme, which will cost the exchequer Rs 70,000 crore in FY20, is the recurring nature and pointed out that this will constrain the fiscal balances

Populism catches on

Politics triumphs over economics in state Budgets

Why the focus has shifted back from 'aspirational' to 'aam aadmi'

Lurking hidden in the new bout of welfarism seems to be an admission that the state can't deliver for the poor anything other than cash, writes T N Ninan

Letter to BS: Income tax rebate less justified than farm income support

My contention is that while one could readily agree with the overall sentiment of the editorial, the reference to "five times" sticks in the throat

India's interim budgets: A woeful tale of inconsistency the past 20 years

While development priorities have taken the back seat, govts' own housekeeping, such as police and pensions, has held on to the purse; even higher defence spending has been on wages and pension bills

Interim Budget brings relief for taxpayers as compliance burden decreases

Tax rebate and standard deduction were the most discussed proposals since they directly impact taxpayers. But a series of proposals in different areas could reduce the paper trail

Govt's shrinking fiscal space

But national parties make grand promises and then, when in power, scramble to find even meagre additional resources.

Welfarism and bias

Income tax rebate less justified than farm income support

Interim Budget 2019: Department of Space funds increased to Rs 11,538 cr

However, the sum to be allocated for developing and building INSAT and GSAT satellites was proposed to be cut for 2019-20

Interim Budget 2019: Consumption, realty sectors emerge clear winners

The outlay for farmers should go a long way in reducing the stress in the agriculture sector, say analysts.

Why Modi government may have been more fiscally profligate than UPA-II

Contrary to expectations, Narendra Modi's government may have been more fiscally profligate than UPA-II

Difficult for govt to maintain 3.4% fiscal deficit in FY20: Moody's

Asked if India risks a rating downgrade following the breach in fiscal deficit target, Moody's said the country's 'Baa2' rating has a 'Stable' outlook, which indicates a balance of upside and downside

Budget speech omitted tepid export figures

It can be argued that a speech unveiling interim Budget need not cover each and every aspect of the economy and too much should not be made of the omission to mention about exports or competitiveness

From Dabur to HUL, here are 10 stocks that may gain after Interim Budget

We have identified 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors which should see an uptick in sales growth

Back to Feb 28

Advancing the Budget by a month not working out

Investors should review allocations after weighing Budget, monetary policy

Not much change in macro terms

No triggers to propel the economy in the next three months: Andrew Holland

Back home, it is the liquidity and funding problems that pose a challenge, he says

Feb 1 cut-off date for eligibility consideration under PM-Kisan scheme

Centre writes to all states, UTs to identify beneficiaries expeditiously

Modi assures more sops and benefits in full budget after the elections

Modi said that his government has been able to address the problem of financial distress of the farmers from the roots in the Interim Budget 2019

Individuals earning Rs 8-9 lakh annually can escape taxes: Revenue Secy

Interim Budget for 2019-20 proposed to give full tax rebate to individuals having taxable annual income up to Rs 5 lakh with a view to benefitting around 3 crore middle class taxpayers