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Riding on Income and Purchasing Power: Budget 2020

Amid the historic slowdown in the major sectors of the economy, honourable Finance Minister (FM) Nirmala Sitharaman presented the union budget for financial year 2021 (FY21) on 1st February 2020. From agriculture to private investment,...

FM guns for 3% Fiscal Deficit, Divestment & 2G auction

Finance Minister – P. Chidambaram’s take on Fiscal consolidation, Divestment, 2G auction, Inflation management, Current account deficit (CAD), key legislation such as Direct tax Code (DTC). He unveiled a five-year roadmap for fiscal consolidation. The...

PM retains finance portfolio, takes stock of Economy

After Mr. Pranab Mukherjee resigned from Finance Minister Prime Minister Manmohan Singh has taken over finance ministry under his fold. The move is significant as Indian economy is struggling on various fronts and policy action...