Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and deficits - fiscal and current account. While no major overhaul of taxes are expected, if the...

The thrust of this budget on the expenditure side is twofold. Continue with the fiscal stimulus measures and extend these for another six months or one years as the case maybe. Significant among these, is the six month extension to the farm loan waiver and an additional 1% subvention in farmer...