Fertiliser Subsidies

Agriculture, as a percent of GDP, has fallen from 30 percent in 1990 to 18 percent now but the number of people depending on the sector hasn't fallen at the same rate. In a CNBC-TV18 interview, experts dissected what is wrong with the sector.

Union Budget 2015: Govt may back off fertiliser subsidy reform

The government was widely expected to deregulate urea prices after freeing up diesel following a fall in crude prices, but two government sources said major changes were unlikely.

FinMin initiates exercise for interim budget

Since the general elections are scheduled to be held by May 2014, the government would be presenting a vote-on-account or interim budget instead of the regular full fledged Budget ahead of the scheduled date of February 28.

Govt seeks par nod for Rs 18,594 cr additional spending

Once approved by Parliament, the Ministry of Petroleum and Natural Gas will get Rs 10,336 crore for releasing payments to oil marketing companies and meeting establishment related expenditure of the Petroleum Regulatory Board.

Budget Analysis: Diesel subsidy may have to be frozen says Rajan

The government may have to freeze the diesel subsidy at the current level to protect the budget numbers at some point in time, said Chief Economic Advisor to the Finance Minister, Raghuram Rajan, while flagging concerns over the widening current account deficit.

Austerity drive to cut wasteful expenditure, says Pranab

Justifying the government's austerity drive, Finance Minister Pranab Mukherjee today said the restrictions on foreign visits and other expenses are aimed at curbing wasteful expenditure and containing fiscal deficit.

Union Budget 2011: 'Right intents but lacks hard decisions'

The thrust on infrastructure sector can be seen in the budget but is not strong enough to really accelerate the growth in manufacturing as envisaged.

Pranab may be missing the bus again on GST: Raghav Bahl

The 2011 Budget raises many hopes and ideas but is not clear about how it is going to achieve stated objectives like replacing subsidies with cash or ensuring further fiscal consolidation without another spectrum bonanza.

Budget 2011 is about incrementalism, not radical reform

Pranab Mukherjee’s 2011 Union Budget is all smoke and mirrors. It appears to be very friendly, but it is more an exercise in hiding what he cannot do. It’s about minor reliefs, not major reforms