Search Results for: fiscal deficit

indias-government-spells-out-modi-nomics-in-first-budget

India's government spells out 'Modi-nomics' in first budget

India's new right-wing government under Prime Minister Narendra Modi unveils its maiden budget, promising a new era of fiscal discipline, higher growth and greater opportunities for foreign investors. A voiced AFPTV report. Duration: 02:15 Jul 10, 2014
finance-minister-arun-jaitley-in-exclusive-interview-with-ani-over-general-budget-part-2

Finance Minister Arun Jaitley in exclusive interview with ANI over General Budget Part - 2

New Delhi, July 10 (ANI): After Finance Minister Arun Jaitley on Thursday presented the 2014-15 general budget, he said that his maiden budget was a vision statement that aimed at giving a fillip to infrastructure, manufacturing and re-establishing confidence in the Indian economy. Speaking to ANI in an exclusive interview, Jaitley said that it’s a directional budget. Jaitley sought to reassure investors by promising a stable tax regime and saying the government would not "ordinarily" create new liabilities retrospectively, but stopped short of moving to scrap the law. The finance minister also said that he would uphold the fiscal deficit target for this year inherited from the last government - 4.1 percent of gross domestic product - despite expectations he would be forced to raise it due to weak revenue and high subsidy costs. Jul 10, 2014
finance-minister-arun-jaitley-in-exclusive-interview-with-ani-over-general-budget-part-1

Finance Minister Arun Jaitley in exclusive interview with ANI over General Budget Part - 1

New Delhi, July 10 (ANI): After Finance Minister Arun Jaitley on Thursday presented the 2014-15 general budget, he said that his maiden budget was a vision statement that aimed at giving a fillip to infrastructure, manufacturing and re-establishing confidence in the Indian economy. Speaking to ANI in an exclusive interview, Jaitley said that it's a directional budget. Jaitley sought to reassure investors by promising a stable tax regime and saying the government would not "ordinarily" create new liabilities retrospectively, but stopped short of moving to scrap the law. The finance minister also said that he would uphold the fiscal deficit target for this year inherited from the last government - 4.1 percent of gross domestic product - despite expectations he would be forced to raise it due to weak revenue and high subsidy costs. Jul 10, 2014
Modi pays tributes to Syam Prasad Mookherjee

Union Budget: What to Watch Out For

With just a couple of hours left before Finance Minister Arun Jaitley steps up in Parliament to lay down the future course for India's economy, expectations and apprehensions are high. Jul 10, 2014
need-to-moderate-inflation-a-lot-more-arun-jaitley-on-economic-survey

Need to moderate inflation a lot more: Arun Jaitley on Economic Survey

New Delhi, July 09 (ANI): Finance Minister Arun Jaitley on Wednesday reacted on Economic Survey for 2013-14 saying that inflation needs to be moderated a lot more. Jaitley also said that the fiscal deficit for this year is projected as 4.5 and requires a downward movement. The Economic Survey for the year 2013-2014 projected the GDP growth at 5.4-5.9% for the current financial year. Jul 9, 2014
shilpa-and-raj-kundra-launches-satyug-mera-gold-plan

Shilpa and Raj Kundra launches _Satyug Mera Gold Plan_

Mumbai, July 9 (ANI): Bollywood actor Shilpa Shetty Kundra along with her husband Raj Kundra announced a new gold plan named _Satyug Mera Gold Plan_ by Satyug Gold, a jewelry company promoted by them, in Mumbai recently. The plan allows customers to accumulate physical gold through the benefit of _Monthly rupee average pricing_. Speaking on the occasion Shilpa said her foremost aim through this plan is to make gold affordable for everyone in the country. The plan enables customers to buy gold from just Rs.50 per day and is backed by IDBI Trusteeship as trustees of the gold and Brinks. It has no lock-in period, no storage charges, no hidden fees and it provides 24 karat gold coins on redemption. Satyug at present has seven retail outlets, and plans to increase this number to 50 nation-wide by the end of the current fiscal. Jul 9, 2014
railway-budget-2014-15-highlights-part-4

Railway budget 2014-15: Highlights Part - 4

New Delhi, July 08 (ANI): Railway Minister Sadanand Gowda on Tuesday presented the Railway Budget for fiscal 2014-15 in the Lok Sabha. Gowda said that the government is targeting to become the largest freight carrier in the world. He said that Indian Railways is starved of funds despite 100 percent advance payment by customers. Now it___s time to take corrective actions, fare revision was one such step. He added that there is need to FDI except Railway operations, need to have Private Public Partnership to improve Railways. There is also need to explore new opportunities and to involve private funding in infrastructure development. He proposed WiFi systems on all A1 category stations, retiring rooms on all stations, bullet trains for which Mumbai-Ahmedabad sector has been identified. Keeping in mind the security of women, he said that 4,000 women RPF personnel will be deployed. Jul 8, 2014
railway-budget-2014-15-highlights-part-3

Railway budget 2014-15: Highlights Part - 3

New Delhi, July 08 (ANI): Railway Minister Sadanand Gowda on Tuesday presented the Railway Budget for fiscal 2014-15 in the Lok Sabha. Gowda said that the government is targeting to become the largest freight carrier in the world. He said that Indian Railways is starved of funds despite 100 percent advance payment by customers. Now it___s time to take corrective actions, fare revision was one such step. He added that there is need to FDI except Railway operations, need to have Private Public Partnership to improve Railways. There is also need to explore new opportunities and to involve private funding in infrastructure development. He proposed WiFi systems on all A1 category stations, retiring rooms on all stations, bullet trains for which Mumbai-Ahmedabad sector has been identified. Keeping in mind the security of women, he said that 4,000 women RPF personnel will be deployed. Jul 8, 2014
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