Budget 2018

  • Budget 2018: Need to see how investments have influenced railways

    Budget 2018: The railway plan outlay is Rs 1.47 lakh crore for 2018-19, about 1% of GDP. If GDP grows at 7.5-8% for the next 15 years, the railways investment in modernisation and creation of requisite network capacity could be projected at Rs 35 lakh crore between 2018 and 2032.

  • Budget 2018: Mumbai’s network will get expanded, and Bengaluru will get local rail

    Budget 2018: “The Mumbai transport system, which is the lifeline of the city, will be expanded and augmented to add 90 km of double line track at the cost of Rs 11,000 crore. An additional 150 km of suburban network is also being planned at a cost of Rs 40,000 crore, including elevated corridors at some sections,” finance minister Arun Jaitley said.

  • Budget 2018: Ray of hope for farmers, but implementation is key

    Budget 2018:  There are several other announcements on which more clarity is needed. The FM announced in the very beginning that MSP will be fixed at cost+50%. It’s still not clear if the government will consider C2 as cost. 

  • Budget 2018 has good proposals for agriculture, rural areas

    Budget 2018: The 2018 budget is the last full budget by the NDA government. In the first couple of years, this government opened up the economy on the backs of some important policies and going after black money.

  • Budget 2018: Focus on rural sector is good economics

    Budget 2018: India currently stands tall in the global economy with stable political environment, a promising story for the economy against the backdrop of several structural reforms that is currently underway.

  • Budget 2018: Clear signal – Railways on the move

    Budget 2018: While the Indian Railways got a three-fold hike in its capex at Rs 1,46,500 crore as compared to 2013-14, the key area of concern remains its deteriorating operating ratio which in the revised estimates for FY18.

  • Budget 2018 backs growth with prudence – Here is how

    Budget 2018: Finance Minister Arun Jaitley has announced a Budget 2018 that is aimed at reducing agricultural distress, improving both rural and urban economies, creating jobs, developing infrastructure and boosting growth.

  • Budget 2018 has disaggregated rural infrastructure focus

    Budget 2018: Finance minister Arun Jaitley informed that in 2018-19, for creation of livelihood and infrastructure in rural areas, the total amount to be spent by various ministries will be Rs 14.34 lakh crore, including extra-budgetary and non-budgetary resources of Rs 11.98 lakh crore.

  • Budget 2018: Corporate tax cut to boost Make in India

    Budget 2018: The reduction in corporate tax for medium, small and micro enterprises (MSMEs) with a turnover of up to Rs 250 crore is likely to galvanise the government’s Make in India initiative.

  • Budget 2018: Angel tax still a devil but Finance Minister Arun Jaitley instils hope

    Budget 2018: The union budget 2018 raised a ray of hope for the start-up ecosystem in the country with the promise of addressing the various issues relating to investment in such companies, but fell short of removing their biggest irritant: angel tax.

  • Budget 2018 will accelerate demand in rural areas

    Budget 2018: With the achieved average growth of 7.5% in the first three years of the current government and set to grow at 7.4% next year as per the International Monetary Fund (IMF), the Indian economy is all set to become the fifth-largest economy in the world. This expected rate of growth will make it one of the fastest growing economies in the world.

  • Budget 2018: Airport infrastructure set to get wings

    Budget 2018: The Union Budget 2018 has focussed on expansion of airport infrastructure as well as growth of airlines. Constrained airport capacity is the biggest challenge to air traffic growth in the country that is projected to cross the 150-million mark in FY19.

  • Budget 2018: Expenditure quality deteriorates, tilts towards current spending

    Budget 2018: Most markets participants were focussed primarily on long-term capital gains tax. We saw a significant price correction in small and mid-cap stocks in the run-up to the Budget 2018.

  • Budget 2018: Make in India is the clarion call

    Budget 2018: Custom duty increase is aimed mainly to benefit consumer electronic manufacturing (mobiles and TV), agricultural processing (fruit juices, edible oils and other processed foods) and automobiles.

  • Budget 2018: Few positives for the healthcare sector

    Budget 2018: The increased focus on healthcare augurs well for the citizens of the country. This year’s Budget aimed to spend more on rural housing, rural roads and rural infra, which will lead to employment generation and boost the economy in the long run. 

  • How Budget 2018 lays foundation for growth pillars

    Budget 2018: The budgetary allocation of Rs 1 lakh crore to upgrade India’s education sector is one such high-impact step. The spread of internet, mobile communication and digital technologies is ubiquitous around us and for India to maintain its knowledge-edge, our classrooms must be future-ready.

  • Budget 2018: Markets to remain bullish

    Budget 2018: Most markets participants were focussed primarily on long-term capital gains tax. We saw a significant price correction in small and mid-cap stocks in the run-up to the Budget 2018.

  • This ‘Green’ Budget 2018 eyes strong Bharat

    Budget 2018: Given the fact that this was finance minister Arun Jaitley’s last pre-poll Budget, this was one of the most keenly awaited events. Arun Jaitley hasn’t disappointed anyone by presenting a well-rounded Budget 2018 that is both pro-poor and pro-growth.

  • Budget 2018 impact on Agri and Fertiliser

    Budget 2018: MSP for kharif is proposed to be fixed at 1.5 times the cost of production. To ensure adequate and timely farm credit, the target for agriculture credit has been raised to Rs 11 lakh crore for FY19 from Rs 10 lakh crore last year.

  • Budget 2018 impact on Banking and Finance

    Budget 2018: The increase in exempted interest income is unlikely to significantly improve deposit base, as the tax exemption is restricted to senior citizens who anyways prefer bank deposits.

  • Budget 2018 aims at creating a welfare state

    Budget 2018: THE FInance minister was adversely positioned to present a landmark Budget. As the 2018 Budget comes against the backdrop of a difficult situation post-demonetisation, GST implementation, Gujarat election results and the upcoming general elections in 2019.

  • Budget 2018 impact on Healthcare

    Budget 2018: In order to enhance the accessibility of quality medical education and healthcare, the government plans to set up 24 new government medical colleges and hospitals and upgrade existing district hospitals in the country.

  • Budget 2018 impact on Housing Finance

    Budget 2018: Setting up of the Affordable Housing Fund is likely to increase funding options for housing finance companies (HFCs) operating in the affordable housing space.

  • Explained: Why Budget 2018 is development-oriented and balanced one

    Budget 2018: This year’s Budget 2018 brings to the fore the simple ask of most citizens of the country — ease of living, as was reiterated by the finance minister in his speech.

  • Budget 2018: Fiscal prudence balances development needs

    Budget 2018: The change has been only in the nomenclature of duty from ‘additional excise duty’ to ‘road and infrastructure cess’. While reducing the excise duty amount by Rs 2 per litre on petrol and diesel, there is an increase in the rate of road and infrastructure cess to Rs 8 per litre without any change in the total duty. 

  • Budget 2018 impact on Roads

    Budget 2018: The total budgetary allocations (including PBFF, CRF and GBS) to fund the ambitious highway development programme (including Bharatmala) are estimated at Rs 3,43,045 crore over FY19-22.

  • Budget 2018: How rural economy will benefit

    Budget 2018: Exports create massive employment opportunity, particularly in labour-intensive sectors. The fixed-term employment facility for all sectors will benefit exporters, as this has been their long-standing demand.

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