Editorials, GS-3, Indian Economy, Uncategorized

For a paradigm shift in fiscal deficit

Article Link Whenever there is debate on budget, fiscal deficit, by default, occupies the centre-stage. However, this year it found a special mention in Finance Minister’s budget speech. Finance Minister Arun Jaitley, in his speech, said that “there is a suggestion that fiscal expansion or contraction should be aligned with credit contraction or expansion respectively,… Continue reading For a paradigm shift in fiscal deficit

Editorials, GS-3, Indian Economy, Uncategorized

Oil Price Slip & its impact

Article Link Finance Minister Arun Jaitley has rightly affirmed fiscal rectitude and addressed the challenge of growth and rural distress in the recent Budget. However, analysts feel that the 2016 Budget has failed to lay out a clear roadmap for the petroleum industry, which is already in poor shape. Finance Minister’s budget speech lacked a… Continue reading Oil Price Slip & its impact

Agriculture, Big Picture, GS-3, Uncategorized

Thrust on Agriculture and Rural Economy: Is it a game changer?

It has now been agreed upon by almost everyone that the recent budget has a distinct tilt towards agriculture, farm sector and rural economy. It is being argued that this tilt is due to the impression or rather criticism against the government that it was pro-capitalist, pro-industry and anti-farmers. The finance minister has listed a… Continue reading Thrust on Agriculture and Rural Economy: Is it a game changer?