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 ...Read More »
Home > Tag: Union Budget 2016
Citizens Speak : How much would you score the Indian union budget 2016-2017?
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 ...Read More »