FDI in Defence: Change is good

FDI in Defence: Change is good With a big hue and cry finally FM has increased the FDI in defence from 26% to 49%. With just having 6 weeks of governance, facing opposition and criticism from the economists it was definitely not a cakewalk for the NDA.                                         India’s policy on FDI has always been a bureaucratic obduracy...

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Expectations from Union Budget 2014-Growth through Employment Generation

Expectations from Union Budget 2014-Growth through Employment Generation As evident from the election manifestoes the Modi Sarkar is expected to come up with policies to boost the manufacturing sector. But to sustain the labour force required for it is yet a big issue. The working class consists of the people in age group 15-24. About 65% of the total population of India lies in this age group. India has more than 50% of its population below the age of 25 and more than 65% below the age of 35. The country with rich resource of man power...

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Expectations from the Union Budget 2014- The financial perspective

Expectations from the Union Budget 2014- The financial perspective Background: With the downfall of the reign of United Progressive Alliance (UPA) and the rise of National Democratic Alliance (NDA), the expectations of people in our country has changed. UPA government who is known for making pro-populist policies and at the same time remaining silent on inflation, has been replaced by the NDA government who has always been in the favor of...

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Union Budget 2014: Manufacturing sector's expectations

Union Budget 2014: Manufacturing sector's expectations                         The Union Budget 2014-15 will be presented on 10 July, 2014 by the new BJP-led government, which secured more than 300 seats of the 543 parliament seats on promise of providing relief to common man by reducing inflation, along with economic growth. Finance Minister P. Chidambaram on Feb 17 in his nearly...

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