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Inequality in India has declined with the Gini coefficient, she said. India will witness the steepest rise in living standards of the common man on the back of the government’s initiatives and the efforts towards doubling per capita income in a few years, Finance Minister Nirmala Sitharaman said on Friday. India will witness the steepest…
India faces serious obstacles in becoming high-income countries in the next few decades, the report said. More than 100 countries, including India, face serious obstacles in becoming high-income countries in the next few decades, and New Delhi may take nearly 75 years just to reach one-quarter of US income per capita, a World Bank report…
Read More “India May Take 75 Years To Reach 1/4th Of US Per Capita Income: World Bank” »
If budget making is a complex task, interpreting the Union Budget can be hazardous given the amount of fine print that one has to pore over. Finance Minister Nirmala Sitharaman’s fifth Budget, and the current Bharatiya Janata Party-led government’s final full-fledged one before next year’s general election, ticks all the right boxes on the face…
Read More “A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24” »