The new reform agenda of Modi 2.0
Finance Minister Nirmala Sitharaman pushes for growth while correcting the anomalies of the Budget. But she will need to do more to keep the momentum going.
budget 2019
August 2019
July 2019
Budget 2019: Good to have an aspirational target
The Budget comes when the economy needed a makeover by providing an impetus to many sectors, particularly agriculture, rural infrastructure, startups, and micro, small and medium enterprises.
Budget 2019: A step towards a future-fit India
The underlying essence of Union Budget 2019 is institutional reforms and green tech-led growth which can equip India for the times ahead.
The long road ahead
The government aims to turn India into a $5-trillion economy in the next five years, but it has to cross several hurdles along the way.
Legacy Dispute Resolution Scheme: A pragmatic approach
The success rate of tax amnesty schemes is usually low. Sabka Vishwas Scheme, announced in the Budget to tackle the huge pile of pending tax disputes, could produce see a different result.
Buyback tax: Prospective or retrospective?
Ambiguity on whether the extension of the buyback tax will also apply to companies who initiated their buybacks before July 5 has left the industry in a quandary.
Solving for the past, rooted in the present, vaulting to the future
India’s responses to competition have to be flexible, and within the framework of an ongoing conversation between the govt and all stakeholders. This Budget was a great start in that process.
Sitharaman packs a punch in maiden Budget
FM seeks to address pain points in the economy, boost infrastructure and capital markets. But hike in surcharge for higher taxable incomes dampens sentiment.
Financing the Budget
Faced with a funding crunch, the government is depending heavily on foreign direct investment and overseas portfolio players, retail investors, and a PPP model to finance its projects.
Budget 2019: India Inc’s reactions
Here’s what India Inc. thought of finance minister Nirmala Sitharaman’s first budget.
