Magic 3% Three per cent Fiscal Deficit! This is a dream announcement any finance minister of India would love to make. Fiscal deficit is the excess of payments over receipts of the government. The quantum of fiscal deficit in budgets in Ind....
Tags : Arun Jaitley , Fiscal Deficit , Finance Minister India
All budgets are in a sense compromises with different stakeholders. Whether it is a housewife making budget for home or a Chief Finance officer for a company or Finance minister for the Government. The core issue is that expenditure is always larger ....
Tags : India , Budget 2016
India’s economic growth for the financial year 2016 has been estimated at 7.6 per cent as compared with the revised estimate of 7.2 per cent in the previous year, aided mostly by growth in the manufacturing sector. However, the GDP growth for th....
Tags : India’s economic growth , GDP growth , 2016
1.The Round-table recognised that energy access is critical for energy security. It took note of the fact that 80 million households are still to be provided with electricity and energy. This denies them a fair share of economic growt....
Tags : Energy Security
Unspent Funds At the end of the third quarter of Financial Year (FY) 2015-16, 40 per cent (Rs 37,000 crore out of Rs 93,675 crore) of the capital budget of the armed forces remained unspent. As it will not be possible to spend all of the re....
Tags : Defence Budget 2016-17 , Indian Defence
The Iran Nuclear Deal or Joint Comprehensive Plan of Action (JCPOA) was implemented on 16th January 2016 after Iran completed its obligations for securing suspension of nuclear related sanctions imposed on it. This ends the economic and po....
Tags : Iran nuclear deal , Iran , Iranian economy
Keeping up with the momentum of 2015 which was a historic year in terms of high level bilateral visits, External Affairs Minister Sushma Swaraj paid a successful visit to Sri Lanka on February 5 and 6, 2016, right at the beginning on New Year. She at....
Tags : Sri Lanka Visit , MEA , Sushma Swaraj , India-Sri Lanka Relation
Recent months have seen Pakistan and Bangladesh expelling each other’s diplomats and ‘summoning’ each other’s envoys to lodge ‘strong’ protests. The expulsions and ‘summoning’ are just the tip of the iceberg, reflective of a deeper ma....
Overview of State of Readiness There has been much focus on capital procurements regarding artillery guns, fighter aircraft and submarines for fighting wars in the future. These are no doubt essential to ensure that the nation is ready to f....
After every tragedy in Siachen, it is almost laughably predictable to see a spate of articles and programs advocating a settlement (largely on Pakistani terms), if not an outright withdrawal, from the area. Most of these write-ups start with a palpab....
Tags : Pakistan , Siachen , Indian soldiers