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Union General Budget(India) 2017-2018

Discussion in 'World Economy' started by Grevion, Feb 1, 2017.

  1. Inactive

    Inactive Guest


    LOL


    Demonitization killed her industry of currency production and now this !!!:cray:
     
  2. Inactive

    Inactive Guest

    Please ... at least Shrupanakha looked cute in one form ......
     
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  3. AbRaj

    AbRaj Captain FULL MEMBER

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    Actually she is as per Champions of Commi propaganda:biggthumpup:
     
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  4. lca-fan

    lca-fan Lieutenant FULL MEMBER

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    Bloody she herself is clueless, useless, baseless, and shameless, Muslim butt licker goon.
     
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  5. shaktimaan

    shaktimaan 2nd Lieutant FULL MEMBER

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    this means salary will increase ???
     
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  6. Grevion

    Grevion Professional Think TROLL ELITE MEMBER

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    You can say that.
     
    Last edited: Feb 2, 2017
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  7. Mercury

    Mercury 2nd Lieutant FULL MEMBER

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    Congress' response :) ...

    2017-18 Budget proposals a 'damp squib', says Congress

    Expressing his displeasure over Union Budget 2017-18, Congress vice president Rahul Gandhi on Wednesday said it has nothing for youth and farmers.

    Addressing the media persons outside the Parliament, the Congress leader said, 'We were expecting fireworks, instead got a damp squib. This budget is full of poetry. There is nothing for the youth or farmers. The government wanted to make an impact with budget before polls. But there was no impact. It should have announced something big for farmers.'

    Saying that Union Finance Minister Arun Jaitley made a 'good speech', Gandhi however added that job creation found no mention in the budget.

    Speaking on railways, Gandhi said the safety record under this government is 'very bad'.

    'The rail safety record of this government is very bad. Did the Finance Minister say anything? Prime Minister Narendra Modi had spoken about bullet train. Has it come?' he asked.

    The Congress vice-president further said that the country is facing fundamental issues, like unemployment, farmers problem, but the Narendra Modi government didn't offer something substantial on these fronts.

    'It's a Budget of Sher o shayari, it has nothing for the unemployed youths or the farmers,' Gandhi asserted.

    Congress spokesperson Manish Tewari reiterated Gandhi's comments saying that the budget was 'rhetorical' and had 'precious little' in terms of job creation.

    'This budget has again been high on rhetoric and low on delivery. While there are many grandiloquent pronouncements which have been made, but the fundamental reality that the economy needs to grow, jobs need to be created, private sector investment needs to be incentivised-all these three things are completely missing from the budget,' Tewari told ANI.

    Tewari stated that the budget numbers don't seem to add up as there is huge expansion on government spending on various schemes.

    'If there is going to be that level of government spending then how does the Finance Minister actually plan to keep the fiscal deficit under check. There seems to be a complete contradiction between the two,' he added.

    The Congress spokesperson said that the Railway Budget got a very cursory mention in the entire budget speech.

    Perhaps this initiative which the government has taken needs to be revisited because railways is the single biggest public infrastructure which is there in the country and possibly railways requires a dedicated stand alone policy initiative which can possibly flesh out as to how this largest public infrastructure in country is performing,' he added.

    Tewari further said demonetisation completely torpedoed the Indian economy.

    It's very evident from the numbers which the economic survey has put out. There is absolutely nothing in the budget which incentivises and brings the economy back to high growth,? he added.

    Taking a jibe at the BJP-led NDA Government at the Centre, another Congress leader Renuka Chaudhary said, 'There is nothing on defence spending. How are they fighting the Uttar Pradesh elections? Did they get donations in cheque or digital payment?'

    Presenting the Union Budget for 2017-18 in the Lok Sabha today, Union Finance Minister Arun Jaitley said the agenda of the government for the next year is to Transform, Energise and Clean India- TEC India.

    He said TEC India seeks to transform the quality of the governance and quality of life of people, energise various sections of the society and clean the country from the evils of corruption, black money and non-transparent political funding.

    Jaitley said the overall approach of the budget has been to spend more in rural areas, infrastructure and poverty elevation and yet maintain fiscal prudence.

    edited to add source link: http://www.dnaindia.com/india/report-2017-18-budget-proposals-a-damp-squib-says-congress-2305693
     
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  8. Grevion

    Grevion Professional Think TROLL ELITE MEMBER

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    Kudos to RaGa..... He still considers himself to be in his youthful days.:lol:

    Couldn't build a damn canal in 60 years and wants the bullet train project to be completed in just 3 years. Really dumb:sick:


    Coming from someone who few years ago said that "technically" the loss from 2g scam is zero rupees. Congressis really sucks at maths.:sarcastic:


    Couldn't say much about the Indian economy but demonetisation really destroyed the congressi black economy which they build over decades of corruption.
     
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  9. GSLV Mk III

    GSLV Mk III Lieutenant FULL MEMBER

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    Congress have been talking about bullet train for a decade...I remember Lalu making statements about in railway budget back in 2006. :cheesy:
     
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  10. Levina

    Levina NONconformist Staff Member MODERATOR

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    Wow!
    That's just 3 years from now.
     
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  11. Pundrick

    Pundrick 2nd Lieutant FULL MEMBER

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    It was announced 6 months before, it is part of "Kayakalp" program of Indian Railways.

    More importantly, Finance ministry has allocated 5000 Cr from her own pocket for the safety fund for IR.

    More importantly expect a "CESS" on railway ticket booking very soon. May be after April, and this will be utilized for implementing the railway crossing bridge and other safety related projects.
     
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  12. Vergennes

    Vergennes Strategist Staff Member MILITARY STRATEGIST

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  13. PeegooFeng41

    PeegooFeng41 2nd Lieutant FULL MEMBER

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    There are few places
    First
    http://indiabudget.nic.in/

    Then there is a data portal for Indian government

    https://data.gov.in/

    That said, it is not exactly world-bank fast in making data queriable. So expect a delay in getting the data on data.gov.in or search in nic.in. Most of the time I do this :

    Google <Keywords> site:nic.in
    OR
    Google <Keywords> site:gov.in

    This gives a lot of information. NIC stands for National Informatics Centre. It hosts a lot of Indian government sites. If there are other good places, I will love to know that too.
     
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  14. anant_s

    anant_s Encyclopedia Technical Analyst

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    Hi @Vergennes
    long time no see!

    Here is link to your query
    http://indiabudget.nic.in/glance.asp

    Glossary

    1 Crore = 10,000,000 (10 million)

    1 USD ~ INR 67
     
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