- Jul 13, 2014 21:54 ISTby invitation
The direction in this budget is no different from that of the previous government — one that basked in bureaucratic banality over efficient delivery. Partha Mukhopadhyay writes
- Jul 13, 2014 21:34 IST
Arun Jaitley, who is handicapped by the interim budget, needs to first get things back to normal. The big-ticket reforms will take more time, NK Singh writes.
- Jul 10, 2014 23:02 ISTAnalysis
The finance minister appears to have made a good beginning, but the road ahead could be long. The real challenge for him and the NDA government will be to come up with a grander vision that does what the previous UPA, writes Rajesh Mahapatra.
- Jul 10, 2014 18:17 IST
So high are the expectations from PM Modi that the budget has failed to generate the kind of euphoria usually associated with anything bearing his stamp. The budget, thus, appears to have become a victim of Modi's own success. Full text of speech | Poll : Rate the budget on a scale of 0 to 5
- Jul 10, 2014 22:55 ISTBy invitation
The NDA’s budget is commendable, but the worth of any of these initiatives is only as good as the quality of its implementation. Much depends on how much the new political-bureaucratic set-up can deliver. Pulin B Nayak writes
- Jul 11, 2014 00:59 IST
For the finance minister, it is an act of fine balancing act to present an enlarged vision to sustain and streamline the economy on the macro front, and at the same time addressing the micro issues. The announcement of an expenditure management commission is welcome.
- Jul 11, 2014 00:27 IST
The finance minister has pushed for an inclusive agenda that focuses on macro-economic stabilisation, lower inflation, sustained level of external sector balance and fiscal prudence, says M Lakshminarayanan, Managing partner, Deloitte Haskins and Sells.
- Jul 11, 2014 00:29 IST
A radical new measure in Arun Jaitley’s budget could turn out to be the fix for the Indian savers’ biggest problem. Indian savers and investors generally suffer from an upside-down asset allocation. They tend to use equity investment for their short-term investments but keep their multi-decade retirement savings in fixed-income investments.
- Jul 11, 2014 00:49 IST
The budget presents a true and correct picture of the financial health of a country and creates the framework to enable the government to accelerate economic growth and create jobs, writes RC Bhargava.
- Jul 11, 2014 00:23 IST
The Union Budget for 2014-15 is a pragmatic, progressive and welfare-oriented document. Acutely aware of the fiscal constraints, finance minister Arun Jaitley has stopped short of making any flamboyant announcement or populist measures and has instead focussed on a number of nuts and bolts to augment growth.
- Jul 10, 2014 23:42 IST
After the 'dark ages' of defence acquisition when bureaucratic lethargy coupled with the lack of resources held in abeyance most of the modernization plans, this budget should at least have been successful in overcoming the resource crunch while the new political directives would overcome the apprehensions of the bureaucracy.
- Jul 11, 2014 00:16 IST
The finance minister has presented a growth-oriented budget, largely keeping all taxes intact, and aiming to achieve fiscal consolidation through a growth harvest.
- Jul 10, 2014 23:29 IST
An estimated 21 million people, expatriate Indians or people of Indian origins, remit more than $70 billion to India every year, and that’s nearly a quarter of the nation’s foreign exchange reserves.
- Jul 11, 2014 00:00 IST
The budget announcements reflect a clear shift from consumptive to productive expenditure. Setting up of the Expenditure Management Commission to review operational efficiencies of government expenditure is a welcome step.
- Jul 10, 2014 22:26 ISTOur take
The finance minister aims to mend public finances, keep policies consistent and taxes non-adversarial. But, these are extraordinary times.