Soften Impact of Rising Oil Prices, calls Shah At a time when Indian economy is on a recovery path, rising oil prices are again posing a high risk to India’s growth trajectory, says a concerned Federation of Indian Chambers of Commerce and Industry (FICCI).
Goyal says Govt means business Minister of Railways Piyush Goyal said the proposal in the Budget 2018-19 shows sensitivity to the poor and marginalized sections of the society as well as focusses on speed of project execution.
Vigorous democracy clamour for higher spending Finance Minister Arun Jaitley’s decision to relax on fiscal consolidation to give himself more room to spend is a questionable, and by far the most disappointing decision of this budget, said Dr. Duvvuri Subbarao, former governor of the Reserve
Puri lists out projects in progress Ministry of Housing & Urban has been allocated Rs.41,765 crores for 2018-19, an increase of nearly 3% over last year, said Minister of State in-charge Hardeep Singh Puri.
Two defence industrial corridors proposed India has raised its defence budget to Rs.2.95 lakh crore, about Rs.94,000 crore whic if for purchase of military hardware — artillery guns, warships and fighter aircraft.
Govt need to preserve macro-stability ahead of election year Summary: • The FY19 Budget mixes prudence with some populism, seeking to balance economic and political imperatives. • The Budget measures carried a strong focus on the rural/agricultural and social sector (primarily health and education),
ASSOCHAM support FM Jaitley financing Finance Minister Arun Jaitley has placed a huge emphasis on agriculture and rural India, allocating bulk of resources to tinterior landscape, while helping the middle class salaried employees along with relief to senior citizens, measures which would boost consumer demand
Jaitley presents budget as business community expectations The impetus to the rural economy and the overall agriculture sector in the Union Budget, presented by finance minister Arun Jaitley in the Lok Sabha (Parliament) on 1 Feb 2018, would be a force multiplier for overall growth