Author Archives Samir Kumar

  • “In most countries, the budget is just that, a document that lays out the government’s revenue and spending policies for the coming year. These might require some measure of reform, but structural reforms of the economy are presented separately. In Delhi, however, the budget has grown in parallel with government, becoming an economic policy Leviathan.” […]

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  • “Given the paucity of time, it would be unreasonable to expect the budget to be a game changer, but the market will be looking for signals underscoring fiscal responsibility,” Taimur Baig, director of Asia economics in Singapore at Deutsche Bank AG, wrote in a 26 June report. “As long as the right signals and intent […]

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  • Economics and Business Prices Set to Rise as Modi Increases Railway Fees Wall Street Journal: June 25, 2014 In line with Modi’s desire to improve the transportation infrastructure in India is a long-delayed price hike in railway fares. However, this is likely to cause a great deal of inflationary pressure, particularly by increasing the cost […]

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