Rural demand revival and employment generation will be Nirmala Sitharaman’s priorities in her first budget.
IN HIS BUDGET speech in 1991, finance minister Manmohan Singh expounded on the importance of women in the economy and hiked standard deduction for working women to 15,000 from 12,000. A decade later, Yashwant Sinha in his budget speech sought to enable women to get funds through self-help groups. “I want to put more money in women’s purse,” he said.
Women can be assured of getting more money in their purses as Nirmala Sitharaman, India’s second woman finance minister, presents the budget on July 5. A surprise pick for the post, Sitharaman has given a touch of diplomacy to the office of the finance minister. Market experts, economists, farmers, traders and women, all believe that she would draw a roadmap for a $5 trillion economy by 2034.
Prime Minister Narendra Modi has been helping her in ample measure. He had held discussions with economists and business leaders on the road ahead for economic policy after the current slowdown. The meetings were coordinated by the NITI Aayog and attended by Commerce and Railways Minister Piyush Goyal and minister of state for statistics and programme implementation Rao Inderjit Singh. “We have had a fruitful discussion and many of the suggestions made here may be considered for the Union budget,” said a NITI Aayog member.
Bu hikaye THE WEEK dergisinin July 07, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye THE WEEK dergisinin July 07, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
William Dalrymple goes further back
Indian readers have long known William Dalrymple as the chronicler nonpareil of India in the early years of the British raj. His latest book, The Golden Road, is a striking departure, since it takes him to a period from about the third century BC to the 12th-13th centuries CE.
The bleat from the street
What with all the apps delivering straight to one’s doorstep, the supermarkets, the food halls and even the occasional (super-expensive) pop-up thela (cart) offering the woke from field-to-fork option, the good old veggie-market/mandi has fallen off my regular beat.
Courage and conviction
Justice A.M. Ahmadi's biography by his granddaughter brings out behind-the-scenes tension in the Supreme Court as it dealt with the Babri Masjid demolition case
EPIC ENTERPRISE
Gowri Ramnarayan's translation of Ponniyin Selvan brings a fresh perspective to her grandfather's magnum opus
Upgrade your jeans
If you don’t live in the top four-five northern states of India, winter means little else than a pair of jeans. I live in Mumbai, where only mad people wear jeans throughout the year. High temperatures and extreme levels of humidity ensure we go to work in mulmul salwars, cotton pants, or, if you are lucky like me, wear shorts every day.
Garden by the sea
When Kozhikode beach became a fertile ground for ideas with Manorama Hortus
RECRUITERS SPEAK
Industry requirements and selection criteria of management graduates
MORAL COMPASS
The need to infuse ethics into India's MBA landscape
B-SCHOOLS SHOULD UNDERSTAND THAT INDIAN ECONOMY IS GOING TO WITNESS A TREMENDOUS GROWTH
INTERVIEW - Prof DEBASHIS CHATTERJEE, director, Indian Institute of Management, Kozhikode
COURSE CORRECTION
India's best b-schools are navigating tumultuous times. Hurdles include lower salaries offered to their graduates and students misusing AI
