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2 months ago | 
rediff.com | A K Bhattacharya
The finance minister could improve the quality of public spending, which could mean placing greater emphasis on capital expenditure and a closer review of revenue spending, such as subsidies, to ensure they are targeted only at the poor and are less of a drag on public finance, notes A K Bhattacharya. With days to go before Finance Minister Nirmala Sitharaman presents the Union Budget for 2025-2026, expectations regarding what she should do for the Indian economy are on the rise.
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Jan 21, 2025 | 
theprint.in | A K Bhattacharya
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Jan 16, 2025 | 
rediff.com | A K Bhattacharya
If the fiscal deficit target of 4.9% of GDP has to be met for 2024-2025, which the government must in view of the uncertainties and challenges emerging both domestically and globally, the finance ministry may see in the composition of the current year's capex a sliver of hope, notes A K Bhattacharya. The Union government's capital expenditure (capex) continues to be a cause for concern.
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Jan 7, 2025 | 
flipboard.com | A K Bhattacharya
Slowing capital expenditure is good. Don’t invest in BSNL, save for shortfall insteadThe finance ministry should not spend ~0.83 trillion for equity infusion into BSNL. Instead, it should ask the telephone company to raise resources …
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Jan 7, 2025 | 
theprint.in | A K Bhattacharya
So, if revenue expenditure has gained momentum, why has capex failed to follow suit? A close analysis of the government’s capex numbers presents an interesting picture. Over 90 per cent of the Centre’s total capex during 2024-25 was accounted for by just six sectors — roads, railways, defence, telecom, transfer to states and new schemes. Their share in total capex in 2023-24 was a little less at 87 per cent.
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Dec 10, 2024 | 
flipboard.com | A K Bhattacharya
1 hour agoUorfi Javed SLAMS Oral Hygiene Brand For Asking Her To Strip: 'Never Encountered Something So Invasive'English Edition In Trends: Follow Us Curated By : Shreyanka Mazumdar • News18.com Last Updated:December 11, 2024, 09:00 IST Uorfi Javed recently slammed an …10 hours agoHot wheels: Luxe cars selling at huge discountsMumbai: Mercedes-Benz, BMW and Audi are among luxury carmakers seeking to entice potential buyers with five-year-high price discounts and other …
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Dec 10, 2024 | 
theprint.in | A K Bhattacharya
Perhaps because the Modi government had some differences of opinion with two of the economist governors (one of whom was appointed by the Manmohan Singh government), there is a view that its political leadership prefers a civil servant to head the RBI. One of those two economist governors used an email to his colleagues to announce his decision to leave the central bank at the end of his tenure, and this disclosure was made by him about 10 weeks before the end of his tenure.
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Dec 5, 2024 | 
rediff.com | A K Bhattacharya
A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya. IMAGE: Prime Minister Narendra D Modi presents a cheque to a beneficiary under the Mukhyamantri Maajhi Laadki Bahin Scheme in Thane, October 5, 2024. There is now near unanimity among those who have analysed the results of assembly elections in Maharashtra and Jharkhand that women power in electoral politics has witnessed a new dimension.
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Nov 27, 2024 | 
theprint.in | A K Bhattacharya
To be sure, wooing women voters is not new in India’s electoral politics. Many other states have framed welfare schemes specifically for women. Not all of these states may have rolled out these schemes just before the elections. But that women could play a decisive role in electoral battles had been recognised long ago. Remember that the states of Andhra Pradesh and Bihar had introduced schemes to stop the sale of potable alcohol.
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Nov 12, 2024 | 
flipboard.com | A K Bhattacharya
13 hours agoIndia's Fertility Rate Declines To 2%.
