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

Editorials, Environment, GS-3, Indian Economy, Science & Tech, Uncategorized

Budget’s Impact on Renewable Energy

Article Link This Budget has laid down the roadmap for taking India to the next level of growth. We not only see a clear direction in which the economy is going to be steered but also the key milestones that we need to cross on the way. Finance Minister Shri Arun Jaitley has identified 9… Continue reading Budget’s Impact on Renewable Energy

Agriculture, GS-3, Indian Economy, Uncategorized

Subsidies in India

Table of contents Introduction Subsidies: are they solution to a problem or are they themselves a problem? Subsidies and its opportunity costs Some subsidies led distortion in India Direct Benefit Transfers as solution JAM Trinity – Jan Dhan Yojna, Adhaar and Mobile base Conclusion Subsidies are one of the quintessential attributes of any welfare state.… Continue reading Subsidies in India