The Budget for year 2017-18 projects a total shortfall of Rs 5.5 lakh crore with total expenditure projected at Rs 21.5 lakh crore against receipt (excluding states’ share) of Rs 16 lakh crore . A look at the different components of the budget.
Continue reading Budget – Revenue and Expenditure Analysis..
While the nation adjusts to the new normal arising out of the historic demonetization and debates its merit/demerit, it also has another important fall-out. The move can lead to huge bonanza for government in the form of sharp increase in the transfer from RBI. This would be equivalent to the amount of Rs 500 and Rs 1,000 notes that does not come up for replacement. Let’s see how..
Ken-Betwa river linking project is an ambitious project with considerable benefits so much so that Ms Uma Bharti, Union Water Resources Minister, threatened to go on hunger strike last month if the project is not cleared soon. The project, if successfully initiated, will pave the way for taking up many more such projects, crucial to meet country’s irrigation needs and change the face of Indian agriculture.
Mauritius has finally succumbed to continued pressure from India to amend the tax treaty and that must have been the result of some tough talk from the present government. Continue reading Mauritius Treaty Amendment -A brief…
Inflation… Probably the most haunted word, for both, households and the policy makers. It is equally haunting for the readers/students of economy and business..! Continue reading CPI and WPI Inflation- Making sense of numbers..!