Watch video for more.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Budget Bytes | What are the expectations from the Modi 2.0 Budget?
Likewise for wholesale onion prices that have now been falling for several months. This is in sharp contrast to 2014, when the price of the popular bulb used in most Indian curries, skyrocketed to more than Rs 50 a kg at wholesale markets as weather shocks and suspected speculative hoarding by traders pushed up prices. … [Read more...] about Opinion | GDP data shows pain points in farms; economy in slowdown mode
Rural labourers, particularly those engaged in fields to plough land, spend a high proportion of their income on food. A vast majority of these are landless (otherwise they would not be working on somebody else’s fields carrying out basic activities), and live on income just about enough to pay for their meals, leaving very little to save or spend on assets such as houses. … [Read more...] about Budget 2020: Moneycontrol manifesto for Modinomics 2.0
The cut-off date for loan waiver eligibility will also need to be carefully chosen. In the 2008 scheme all direct agricultural loans, including crop loans and investment credit for agriculture and allied activities including tractor loans given to farmers over a ten year period –from March 31, 1997 and March 2007 (which have remained unpaid till February 2008)— was covered. … [Read more...] about Comment: The economics of farm loan write-offs; Will Yogi Adityanath walk the talk on Tuesday?
That task that has become that much more difficult because it would entail achieving two targets: to ensure that the fiscal deficit doesn’t overshoot the 3.4 percent target this year, and then make sure that it is brought down by a substantial 0.4 percentage points in a single year. Both are formidable challenges, buffeted by a string of known and unknown unknowns. … [Read more...] about Opinion | Budget 2019 sets sight on ambitious fiscal targets