Monetary Policy – From "Accommodative" to "Neutral" stance..
Belying the expectations of a rate cut, the monetary policy committee (MPC) has not only decided to keep the rates unchanged in its meeting today but more importantly, has shifted…
Budget Trends – Increasing Tax/GDP Ratio and Capital Expenditure..
With various announcements in the budget for 2017-18, two important trends that emerge are the thrust on increasing tax/GDP ratio and increasing capital expenditure. For the first time after FY08,…
Budget – Revenue and Expenditure Analysis..
The Budget for year 2017-18 projects a total shortfall of Rs 5.5 lakh crore with total expenditure projected at Rs 21.5 lakh crore against receipt (excluding states’ share) of Rs…
Budget 2017-18 – From 'Swachh Bharat' to 'Clean India'..!
The union budget for the year 2017-18, presented today by the finance minister makes no big bang announcements but the undercurrent is loud and clear. The society – individuals and…