Budget

Answer by Sanyam Gupta: FISCAL DEFICIT The government had set an ambitious target of reaching a 3.5% fiscal deficit from 3.9% last year though this target is hugely expected to be revised: A) PAYMENTS One Rank One Pension: As defined ‘same pension, for same rank, for same length of service, irrespective of the date of retirement’, is going to lead ...

Answer by Gaurav Agarwalla: Budget 2016-17 is a mixed bag. If I was to be a economist I would give it 3.5/5. IMPORTANT Pros for AAM AADMI: Focus on agricultural Economics and agrarian crisis. PM Crop Insurance Scheme and PM irrigation scheme are emphasised and heavily allocated with resources.( “The total allocation for agriculture and farmers’ welfare is Rs. 35,984 ...

Follow Point Blank 7 for live updates, comments,reactions and highlights of Arun Jaitley’s first Union Budget 2015 -16

Stay online with Point Blank 7 for live updates and highlights from Suresh Prabhu’s maiden Railway Budget 2015 -16

|By Narendra Kaushik| It was sometime in November last year in Dalli Rajhara, a mofussil town in Chhattisgarh living on borrowed time (the entire city has come up on land belonging to Indian Railways and Bhilai Steel Plant). I was to leave for Durg to catch Delhi-bound Bilaspur Rajdhani Express. A young but frail waiter who I had befriended during my ...

Newly appointed Finance Minister Arun Jaitley is set to present his maiden Budget on July 10, 2014 amid high expectations coupled with challenges. Point Blank 7 brings to you highlights of the budget and the mood across various sectors!

|By Sandhya Sutodia| The rail budget, presented on Tuesday, aimed to provide a huge fillip to the Railways, with massive flow of investments in infrastructure and rolling stock. Moreover, the ailing wagon industry was expected to pick up momentum through a larger flow of orders. “We target to become the largest freight carrier in the world…PPP route to generate revenue…our ...

Going by how the new BJP-led government is known to be business oriented, why are the bullion traders selling gold at discounted rates before the Union Budget 2014? Sandhya Sutodia finds out the fears plaguing the players in the gem and jewellery industry and highlights their expectations from the upcoming Union Budget 2014.   With the new BJP-led government laying ...