Home » Budget 2015: Modi’s Moment of Reckoning

Devolution Promise Kept. Development Funds Slashed

Devolution Promise Kept. Development Funds Slashed

  Finance Minister Arun Jaitley slashed funding on health, education, environment and other social sectors, explaining that since more money than ever before was being given to the states, they…

$95-Billion Tax Benefits for Companies, Individuals, Up 7%

$95-Billion Tax Benefits for Companies, Individuals, Up 7%

  While the central government is expected to earn a tax revenue of Rs 919,842 crore ($148 billion) for the financial year 2015-16, it is expected to forego revenue of…

Top 10 New Schemes Explained

Top 10 New Schemes Explained

  The 2015 Union Budget presented by Finance Minister Arun Jaitley saw the introduction of new schemes across multiple sectors.   The list is topped by Micro Units Development Refinance…

Jaitley Slashes Education, Health Spending

Jaitley Slashes Education, Health Spending

  While Bharatiya Janata Party (BJP) came to power promising to increase spending on health and education, Finance Minister Arun Jaitley has actually reduced the proposed spending on both these…

Pushing For Make in India

Pushing For Make in India

  Finance Minister Arun Jaitley has outlined policy measures for the “Make in India” plan launched by Prime Minister Narendra Modi  while presenting the budget for financial year 2015-16.  …

Skilling Rural Youth Gets Rs 1,500 Crore Boost

Skilling Rural Youth Gets Rs 1,500 Crore Boost

  Finance Minister Arun Jaitley announced the creation of a separate ministry for skill development of rural youth and allocated Rs 1,543 crore for the year 2015-16.   Jaitley, while…

Budget 2015: A Layer of Jam For Individual Empowerment

Budget 2015: A Layer of Jam For Individual Empowerment

  One big failure of the Indian state has been the ability to empower the Indian citizen by creating a financial identity.   A financial identity in some ways sits…

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