Snehal khanna Blog

The next budget needs to have several policy measures to give a stimulus to the agricultural sector, Icra said BUDGET NEWS : The imminent budget must offer several policy measures to offer a stimulus to the bothered agricultural sector, which in flip might assist the cash-straved fertiliser agencies, says a record. the subsequent budget needs to have several coverage measures to present a stimulus to the agricultural area along with on irrigation, crop insurance and agricultural credit score to help fertiliser gamers, Icra stated in a pre-price range file today. The fertiliser area is extraordinarily regulated with controls on numerous aspects relating their business. The urea zone works on normative cost-plus-return framework, with controls on farm gate charges, distribution and fuel allocation. The distinction among retention rate and farm gate price net of supplier margins is paid as subsidy to the enterprise, which is variable in nature depending at the strengt...

How Modi fares in reining in the fiscal deficit while seeking to jump-start activity may determine the currency's direction for the remainder of the year, analysts say BUDGET NEWS :  Don’t let the rupee’s electricity idiot you, strategists say. The rally that boosted the foreign money to the most powerful in 32 months will possibly be brief-lived. The rupee is facing headwinds as accelerated power expenses threaten to growth inflation and get worse public finances in a state that imports most of its oil needs. investors are also bracing for better government spending as top Minister Narendra Modi is set to take measures within the February finances to revive an financial system that’s forecast to develop at the slowest pace in four years. How Modi fares in reining within the financial deficit while seeking to jump-start pastime may determine the forex’s direction for the the rest of the year, analysts say. “The price range may want to properly set the tone for the r...

Foodgrain production in 2016-17 is estimated at 276 million tonnes and in 2017-18 it is targeted at 275 million tonnes BUDGET NEWS  : As Finance Minister Arun Jaitley gets all the way down to finalise his budget Speech, which many trust could be targeted on the farm zone, the December information on consumer meals fee index (CFPI) and its wholesale price counterpart need to provide some perception. The CFPI-based totally inflation for the month of December rose to 4.ninety six in step with cent year-on-yr from four.35 consistent with cent in November. In comparison, the wholesale rate index-based totally meals inflation declined from 6.06 per cent in November to 4.seventy two according to cent in December. As such, retail rate food inflation has crossed past wholesale price one for the primary time in the current months. although this divergence within the movement of inflation isn’t uniform across all commodities in the institution however the index numbers are a ...

Amid confusing taxation rules, new legislature, capping and trust deficit, Union Budget 2018 can be pivotal in highlighting the importance of health and well-being for Indians BUDGET 2018 : “The best way to predict your future is to create it.” When Abraham Lincoln was saying these words, he used them to instil motivation, enthusiasm and new vigour in the American people. Today, many decades after and continents away, these lines seem apt for a year ahead in India. Budget 2018 Just as we dwell on the aspects that need to be set right this year – in the Budget 2018-19 and outside of it – we prepare our industry resolution to understand that our actions have impacts on generations to come. We as healthcare providers and as active participants in the story of ‘Evolving India’ have been entrusted to pay a pivotal role and we, through our small endeavours, may be playing a major role in the changing landscape of healthcare in our country. Just when we are battling taxation rules, new...

The BJP government is more popular in urban areas than it is in the countryside BUDGET 2018 : Unlike most countries, the budget is usually an eventful affair in India and is a heated topic of national conversation around the time of its release. The underlying national interest behind it is mostly because the budget holds something for everyone -- ranging from a small farmer to a big industrialist. However, from this year onwards, much of its sheen will be off by a bit. The tinkering of indirect taxes, which was an aspect of the budget that affected everyone in all corners of the country, is not within the Centre's domain anymore. Since the implementation of the Goods and Services Tax (GST), all indirect taxes -- except for customs duty -- have to be decided upon by the GST Council instead of being annually altered based on short-term political interests. Therefore, the first budget after the GST reform will be a challenging one for the government. The fact that t...

The raw material has to be necessarily imported because India hardly has any nickel resources, the association said BUDGET NEWS  : Ahead of the budget, the stainless steel industry has asked the government to remove import duty on ferro-nickel and stainless steel scrap. In its pre-budget wish list, the Indian Stainless Steel Development Association (ISSDA) has sought removal of customs duty on key raw materials used in producing stainless steel. "The government had removed customs duty on pure nickel in the last budget, it didn't help the industry much since most of nickel used by stainless steel makers is in the form ferro-nickel," the ISSDA said. The same relief should now be extended to ferro-nickel, it demanded. The import duty on ferro-nickel is 2.5 per cent. The raw material has to be necessarily imported because India hardly has any nickel resources, the association said. The industry body also said that since all the stainless steel i...