The Revised Estimate (RE) has pegged the target for collection of direct taxes for the current fiscal, which ends on March 31, at Rs 11.70 trillion
An implosion of the sector will have economy-wide ramifications. This is the last thing India needs now
Analysts expect an impact on India due to raw material shortages likely to disrupt supplies for key industries
Its objectives are clear. But the reality in recent years has not cooperated with the government's plans
Govt spending would be a key driver of mild improvement in GDP growth, says ICRA
The UK's National Infrastructure Commission provides some lessons
Only a couple of sectors in India are likely to see some disruptions but alternatives are being explored to overcome those issues, he said
The recent Budget proposals came in as a disappointment for most analysts in the absence of strong measures
Its per capita GDP was $1,905 in 2019, against $1,566 in West Bengal and $1,185 in Assam
"The global cost of air pollution from fossil fuels is estimated to be around $2.9 trillion, or 3.3 per cent of the world's GDP annually.
Central & state govts combined expenditure exceeded revenues by around 7.5% of GDP in 2019
CPI projection revised upwards to 5.4-5.0% for H1FY21 from 4-3.8% in December policy
Instead of grand visions and big announcements, the Budget should have focused on managing expectations around the current economic cycle
The signals for the economy are not positive: overall demand is yet to pick up; the share of total exports in India's GDP is declining, and industrial output pattern remains worrying
At 5 per cent, GDP growth in the current year would be an 11-year low. Worse, this will also mark a deceleration for a third straight year, writes A K Bhattacharya
Financial liabilities, on the other hand, had risen sharply after demonetisation after people heavily stashed cash in bank deposits, insurance schemes, and MFs
'These forecasts appear ambitious given the combination of structural and cyclical challenges that the Indian economy faces'
Budget has a large number of measures, but they are useful in the small
Sitharaman said income tax rates will be significantly reduced for those who forego reliefs, exemptions
Attaining a GDP growth rate of 6 to 6.5 per cent in 2020-21 as projected by the Economic Survey will be challenging, say experts