A media report cited the latest consumption expenditure survey by the National Statistical Office (NSO) to claim that consumer spending fell for the first time in more than four decades in 2017-18, primarily driven by slackening rural demand.
These were some of the Budgets that impacted our economy in the most significant of ways, bringing in changes and reforms that define it even today.
Encompassing over 70 years of history of independent India, in our Budget Trivia series, we present to you some of the lesser-known facts about the Budget process
In this podcast, we take a closer look at what is basically Narendra Modi’s gambit for a second term.
Most people gave it a thumbs up, but some are skeptical over the implementation of sops after the 2019 Lok Sabha polls.
Get detailed information, articles, charts and data, and corporate reactions on what transpired and what's in store for Indian companies and citizens.
Here's the completed speech delivered by Finance Minister Piyush Goyal as he unveiled a string of schemes for the betterment of farmers and the common man.
The rebate under Section 87A of the Income Tax Act, has been enhanced to Rs 12,500 from Rs 2,500 earlier. The threshold has also been enhanced to income of Rs 5 lakh from Rs 3.5 lakh earlier.
As part of the package, which includes an income support scheme, will transfer a sum of Rs 6,000 per year to farmers who own upto 2 hectares of land.
"Fiscal deficit has been brought down to 3.4 percent in the revised estimate of 2018/19," Piyush Goyal told the Lok Sabha as he delivered the Hindu nationalist-led government's last budget for an election that must be held by May.
In a series of tweets, Chidambaram questioned the upward growth of GDP figures against rising unemployment.
From the MSP of rice and wheat to the area under cultivation for pulses, see how the Modi government has influenced key agricultural indicators.
Take a look at the price of various food items under the Modi government.
Data shows that the Modi government has pushed for an increase in the use of mobile wallets, and an overall increase in digital transactions and communication.
We take a look at how much revenue the Modi government earned and where was it spent since it took charge in 2014.
The Narendra Modi-led government assumed office in May 2014.
Madhusudan Lohia, director of Merino Industries and Vishwas Udgirkar, partner with Deloitte discuss how projects like Sagarmala and Make In India introduced worked out.
Given that the 2019 general elections are due in a few months, the finance minister would have his mind set on enhancing the economy, especially in rural India.
The smallest changes in international oil prices and rupee/dollar exchange rates are factored in the daily prices.
Top economists Dr DK Joshi, Chief Economist at CRISIL, Dr Ajit Ranade, President and Chief Economist at Aditya Birla Group and Dr Soumya Kanti Ghosh, group chief economic advisor, State Bank of India on what the Finance Ministry should do to improve India’s economy ahead of Interim Budget 2019
Over the last four years, NITI Aayog has played a significant role in shaping many signature policy initiatives, but has also been mired in controversies also.
India leapfrogged into the 77th rank in the World Bank's latest Ease of Doing Business rankings (2019), jumping 23 notches from 2018
The Mission aims to tackle problems faced in urban areas such as transportation, energy supply, governance, basic urban infrastructure services and overall quality of life
Affordable housing has also been accorded infrastructure status, ensuring that developers in this segment have access to cheaper loans.