HindustanTimes Wed,26 Nov 2014

Budget Analysis

We need a new imagination, a new beginning

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

Modi management needed for budget proposals to sail through

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.

Budget sends a clear message: India is open to business

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.

Hope and hype: PM Modi's 'thank you voter' budget a victim of his own success

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

Budget 2014-15: No choice but to grasp the nettle

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

A fine platform for financial planning

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.

A balanced budget with a lot of promise

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.

Jaitley delivers for the Indian investor

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.

A budget consistent with promises made

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.

Budget sets tone for more changes ahead

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.

'Not really a dream budget for defence’

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.

It’s a detail-oriented and practical budget

The finance minister has presented a growth-oriented budget, largely keeping all taxes intact, and aiming to achieve fiscal consolidation through a growth harvest.

Jaguar truths of a Nano economy

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.

Budget a roadmap to repair economy

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.

Well begun, but Arun Jaitley has many more miles to go

The finance minister aims to mend public finances, keep policies consistent and taxes non-adversarial. But, these are extraordinary times.

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