Tag: Budget

Halving oil subsidy, should it matter?

On the surface of it, finance minister Nirmala Sitharaman halving the budget of PSU oil marketing companies (OMCs) looks like it will hurt them....

Spotlight on education and infrastructure

Mayor R Priya of Chennai Corporation presented her second budget. The revenue receipts for 2023-23 is estimated to be about Rs 4131.70 crore and...

Two states…

The budget session in Bihar assembly was rocked while the TN industries almost went to their knees. And for all this to happen, it...

TN Budget 2023-24: Focus on welfare and infrastructure

Budget these days are more of a political statement of the ruling party. In the previous budget, state’s thrust was on social welfare and...

Union Budget 2023-24: Filling the blanks

Capital investment Lower and middle class Women Elderly Farmers Working class Super rich And others Nirmala Sitharaman presented her fifth budget...

Welfare measure, grant or freebie?

Chief Justice N V Ramana commented in a lighter vein: “everybody wants freebies. In this issue, all are on one side.” Dravidian parties of Tamil...

Distributive Justice: Divided on dividend!

The context was a proposal before a board to increase the dividend distribution.  The company has delivered outstanding results for FY 2022 almost doubling profits....

GST! A five-year (h)itch!!

An oft used expression from the past ‘The seven-year itch’, may look an awful anachronism. In that background, five years is almost an eon....

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