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GOI BUDGETARY SUPPORT
Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
Managing fiscal deficit: Can Budget 2025 balance growth and prudence?India Budget 2025: With growth lagging and inflation unpredictable, the upcoming FY2026 Union Budget must support fiscal stability while ad...
Budget 2024: Pudding made well, now the eatingOver the last couple of years, GoI has emphasised the importance of both digital and physical infra with oversized but necessary allocation...
Med in India: Quality, affordability, accessDrugs made locally, be it under patent or generic, must be of high and uniform quality. Variations in quality has dogged the domestic pharm...
On top of the food chainAmid global food supply challenges, India stands out with comfortable conditions for both consumers and farmers. The Union cabinet's decisi...
Commandeering heights: Shift from disinvestment to enhancing PSU value is smart economics and nifty politicsPSU reform and privatisation have been ongoing since the times of Rajiv Gandhi, P V Narasimha Rao, and Atal Bihari Vajpayee. Under Narendra...
For IITs, go shake your moneymakersA steady inflow via alum contributions must not lead to a reduction in state budgetary support. The latter is essential to ensure these ins...
Budget focuses on domestic consumption, public investment. But what about exports & private investments?GoI's enthusiastic support to domestic demand is reasonable, as domestic consumption has hitherto constituted nearly 55% of GDP, recording ...
Budget 2023: Talking Budget, sense déjà vu?GoI is run by intelligent personnel who are aware of the importance of fiscal deficit, borrowing and debt as much as its critics. While adv...
Budget 2021: How Nirmala Sitharaman can put India back on the growth trackToday, almost a year after Covid-19 descended on India, we are fully cognisant of the far-reaching impact of India’s healthcare system on p...
View: An expenditure-led fiscal expansion could be Sitharaman's choice in this BudgetThe govt should prioritise infra spending, especially on sectors highlighted in the report on NIP.
Fertiliser firms’ working capital borrowings set to rise: ICRAThe subsidy requirement of Rs. 1250 billion includes a subsidy backlog which is expected to increase.
View: Budget announcements on infrastructure must be backed by policy reformsThe vision laid out in the Budget is ambitious. Special attention has been paid to road and railway sectors.
Budget 2019: How FM Nirmala Sitharaman can impressA perusal of Budget speeches over years shows gradual shift of focus from fiscal to politico-economic issues.
View: By-poll results may make the BJP reconsider calling for state and national elections togetherJaitley’s announcement of ‘Modicare’, billed as the largest-ever health scheme in the world, will touch the lives of 500 million people in ...
View: High time to prioritise non-tax revenue in the BudgetNon-tax revenues as a percentage of total revenues have been budgeted at around 23% this year, lower than the 26% and 25% in 2017 and 2016 ...
Bank recap not enough to drive capex; expect more NPAs in realty & telecomThe thought is that this large infusion of capital will help them provide for bad assets and push up credit growth.
Ind-Ra assigns 'IND AAA' rating to NHAI's tax-free bondsInd-Ra said government provides substantial support to NHAI through fuel cess, grants and additional budgetary support.
PMO finalises timeline for Amritsar-Delhi-Kolkata corridorPrime Minister's office today finalised the timeline for implementation of the mega Amritsar-Delhi-Kolkata Industrial Corridor.