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Indian Union Budget 2015

Presenting the national budget for the next fiscal, Finance Minister Arun Jaitley Saturday said the state of the country's economy was better placed today with its credibility re-established by a series of measures taken by his government.

 

Post-reform India has had three gamechanging budgets. Manmohan Singh’s 1991-92, P. Chidambaram’s 1997-98 and Yashwant Sinha’s 2000-01 Union budgets genuinely broke new ground. Whether Jailey’s will be the fourth in 25 years — the situation demands it should be — will be clear tomorrow.

 

The rail budget missed an ideal opportunity to lay out the agenda for the future in a concrete manner. Instead, it was a statement of lofty intent.

 

A Railway budget is essentially an opportunity for any government to push forward GDP growth by at least 2.5 per cent, but the Modi government, in its second budget, has lost the opportunity again.

 

Any big change requires big ideas, decisive leadership and happy coincidence of circumstances. Nothing illustrates this better than the unfolding story of cooperative federalism in India.

 

The government’s first full year budget is an excellent chance to recognise missed opportunities and take corrective action with regard to investing in addressing gender inequality

 
  Exim Bank, IDBI Bank, IFCI expected to contribute to dedicated fund, which is likely to be augmented by budgetary support from govt
 

The next three days will shape the short-term future of the stock market, have a bearing on investor and consumer confidence, and provide another opportunity for just about anyone to make up their mind on the Narendra Modi-led National Democratic Alliance (NDA) government

 

The point of interest in this railway budget is the manner in which Railway Minister Suresh Prabhu plans to address the high working ratio, which hovers around 90 per cent, implying that to earn one rupee, 90 paise is spent. 

 
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A better conceived strategy to encourage the recycling of gold is necessary. Going by the international experience, especially that of China and Turkey, a few options could be considered

 


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UN Under-Secretary-General Jeffrey Feltman has urged Sri Lankan leaders to ensure an end to impunity for crimes when he met them during a visit that followed harsh criticism by a UN human rights official of what he called “routine and endemic” torture directed mainly against Tamils.
 
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In dispatching its  PLA (Peoples Liberation Army)  marines to Djibuti in the Horn of Africa on Wednesday (July 12 ) by amphibious ships, from the southern port of Zhanjiang, China has taken a significant step in enhancing its  trans-border military footprint.
 
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It is becoming increasingly obvious that China is experiencing a sort of superiority obsession, imagining it can dominate and conquer the world. Several Chinese acts in the recent past indicate such an attitude. Asian nations, which are now apprehensive about China’s aggressive postures, are unclear how matters will shape up.
 
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India's National Investigation Agency (NIA) arrested on June 24 seven prominent Kashmiri separatists on charges of receiving funds from Pakistan to sponsor terrorist activities and stone-pelting protests in the Kashmir Valley.
 
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S.T. Lee Distinguished Lecture of the Lee Kuan Yew School of Public Policy, Singapore on "India, ASEAN and Changing Geopolitics”
 
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Interview with Hudson Institute’s Aparna Pande, whose book From Chanakya to Modi: Evolution of India’s Foreign Policy, was released on June 17.

 
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This is the continuing amazing spiritual journey of a Muslim man from Kerala who plunged into Vedic religion after a chance encounter with a Hindu mystic under a jackfruit tree in the backyard of his house when he was just nine. It is a story w...

 
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History is told by the victors but in our modern age, even contemporary events get - or are given - a slant, where some contributors soon get eclipsed from the narrative or their images tarnished.

 
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Humans have long had a fear of malignant supernatural beings but there may be times when even the latter cannot compare with the sheer evil and destructiveness mortals may be capable of. But then seeking to enable the end of the world due to it...

 
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Title: Reporting Pakistan; Author: Meena Menon; Publisher: Viking/Penguin Random House; Pages: 340; Price: Rs 599

 
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