Build-up to budget

  • Arun Jaitley
    Jul 10, 2014 20:45 IST

    No poetry, no humour and a few anxious moments

    Perhaps you need monsoon rains in abundance to get a finance minister to lapse into poetry. Arun Jaitley's maiden Budget on Thursday was long on substance and detail, and short on the frills and style that usually lend lighter moments to the annual financial exercise.

  • Arun Jaitley
    Jul 10, 2014 15:20 IST

    Jaitley feels uncomfortable, budget speech halted briefly

    Perhaps for the first time, the presentation of Union Budget in the Lok Sabha was halted briefly on Thursday as finance minister Arun Jaitley felt uncomfortable while reading out his speech and wanted to take a break.

  • Arun Jaitley
    Jul 10, 2014 13:04 IST

    100 crore club: Jaitley bats out centuries this budget

    As Arun Jaitley began reading out the budget for financial year 2014-2015, we couldn't help but notice a certain template in the fund allocation. In short, we present you the 100 crore club.

  • Goodly English
    Jul 10, 2014 01:29 IST

    Despite youth edge, India loses out to S-E Asia rivals

    India will quickly squander its enviable “demographic dividend” — or its sizable working-age population — if it doesn’t create enough jobs, the economic survey said.

  •  Nagaland
    Jul 10, 2014 01:26 IST

    Outdated workplace laws for women crippling growth

    India needs to vehemently go for labour reforms if it wants growth and large-scale employment generation, the economic survey tabled by finance minister Arun Jaitely in the Parliament on Wednesday said.

  • A woman casts her ballot during Indonesia's presidential elections.
    Jul 09, 2014 23:24 IST

    GST to be big milestone for tax reform, govt revenue

    Implementation of the long-pending GST will be a a key milestone for the economic reform process as it would improve tax administration and increase the resource raising potentials of the state governments.

  • Arun Jaitley
    Jul 09, 2014 23:59 ISTUnion Budget

    Jaitley's big test: How to make jobs grow, keep prices low

    Finance minister Arun Jaitley, set to present his maiden budget, has the difficult job of juggling long-term economic reforms, which might involve some bitter fiscal pills, with PM Modi’s electoral promise of good days to a country that added only 15 million jobs during 2005-12. Poll: What do you want from FM Arun Jaitley's maiden budget?

  • Slum children
    Jul 10, 2014 01:35 IST

    Govt maange more from job, health schemes

    Highlighting the social sector’s tainted past of high expenditure and poor outcome, the economic survey has sought revamp of Centre’s flagship programmes for providing jobs, health and educational security to ensure better delivery and effective utilisation of funds.

  • Manmohan Singh
    Jul 10, 2014 00:12 ISTHT Special

    Before budget, FM calls on Manmohan Singh

    While finance ministry sources called the meeting at Singh’s 3, Motilal Nehru Place residence a 'mere courtesy call with no discussion on either the Indian economy or the budget', this is the second recent occasion when Jaitley spent time with the ex-PM.

  • Digital detox
    Jul 09, 2014 23:21 IST

    Govt mulls ‘use it or lose it’ land policy, digital speed

    In keeping with the new government’s thrust on information technology, the Economic Survey has advocated the use of a combination of Internet and self-certification for fast-tracking decision making, as a short-term measure to improve India’s business environment.

  •  Republic Day parade
    Jul 09, 2014 23:17 IST

    Push for defence FDI, sops to boost industrial zones

    The Economic Survey stressed the need to revive private investments by opening up sectors such as defence to foreign direct investment, removing infrastructural bottlenecks by permitting commercial coal mining and making land acquisition simpler and ushering in structural changes to to help industry move up the value chain.

  • Indian economy
    Jul 09, 2014 23:05 IST

    Fast-track reforms, quick policy decisions key for services growth

    The report pointed out that the country’s services sector that include IT-ITeS, shipping, ports, railways, tourism, hotels and restaurants among others had been growing at a steady rate of over 10% since 2005-06, but has shown 'subdued performance' in the last three years.

  • poor child
    Jul 09, 2014 23:00 IST

    Poverty declines, but human development indicators are a drag

    The number of poor may have declined but human development indices remain a key issue that India needs to address urgently, the Economic Survey said.

  • glass bangle factory
    Jul 09, 2014 22:38 IST

    Policy design flaws, clearance delays stymie infrastructure investments

    Calling for an immediate intervention, the Economic Survey for 2013-14 has noted that the core sector investment in India has been hit due to design flaws in policies and delays in 110 central infrastructure projects, which has caused cost overruns in excess of rs 1.57 lakh crore.

  • Finance Ministers
    Jul 09, 2014 13:42 IST

    Top 10 budgets over the years and the finance ministers behind them

    As India closes in on Union Budget 2014 and all eyes focus on Arun Jaitley, we take a quick look at the top ten budgets that made history, and the finance ministers who propelled them.