India's budget for FY 25-26 may be perceived as a balancing act. While the increase in capital expenditure in the current budget has been similar to the budgets of previous years, there has been a shift to a more consumption-led path.
Relief The Union Budget 2025-26 delivers a substantial tax break to India’s middle class, with the exemption threshold rising to Rs 12 lakh from Rs 7 lakh.
About 58.5 per cent of organisations in India have increased their learning and development budgets for FY25, according to a report on Monday.
The bottom line is that better results would come about not by increased outlays alone but by adequate spending in conjunction with improved governance, which is a function of optimised bureaucratic processes and a reliable mechanism for ensuring accountability
The obsessive security associated with Budget preparation, where dozens of Finance Ministry officials are sequestered in North Block days ahead of the presentation, has a huge downside in that there is no informed discussion on the proposed budgetary provisions. Unfortunately, budget proposals are finalised in the rarefied atmosphere of North Block, far removed from the persons and places for whose benefit the whole exercise is undertaken.
Known for his vibrant diction in English, Congress MP and writer Shashi Tharoor has often sent twitteratis looking for dictionaries…
