Union Budget 2015: A tightrope walk for FM Arun Jaitley

Union Budget 2015: A tightrope walk for FM Arun Jaitley, As finance minister Arun Jaitley presents his first full-year budget today, he will have to do a tightrope walk in balancing public expenditure, subsidies and revenue generation.

Even though the finance ministry is pushing for an increase in public expenditure for raising growth in the next fiscal, it will have to ensure higher tax collection and savings.

Disbursement of subsidies and entitlements through direct benefit transfer (DBT) and judicious allocation of resources will help him in doing this.....Read More