Prudence lay in adhering to fiscal targets: Arun Jaitley
New Delhi, Feb 29 (ANI): Finance Minister Arun Jaitley while presenting the Union Budget 2016-17 said they were confronted with stress assets problem in public sector banks. He said that public money should reach the poor and deserving without any leakage. A bill on targeted delivery of financial services using Aadhar is also to be introduced. Jaitley also said that prudence lied in adhering to fiscal targets. He also increased allocation of Rs 1, 80,000 crores under PM MUDRA Yojana. He further added that fiscal deficit for fiscal 2016-17 have been targeted at 3.5 percent. Revenue deficit estimate for Financial Year 2015-16 has been down to 2.5 percent from earlier estimates.
A day after the exit polls predicted a second term for the NDA in 2019 elections, domestic markets began on a strong note. The prospects of a stable government instead of a fractured mandate has lead to a sharp recovery in the market.
Most exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha.
Pragya Singh Thakur’s praise of Mahatma Gandhi’s assassin Nathuram Godse has left the BJP squirming. Modi said he cannot forgive Pragya Singh Thakur for calling Nathuram Godse a “deshbhakt”. Though she apologised soon after, but the damage was done.
To commemorate the aerial strike in which Wing Commander Abhinandan Varthaman shot down an intruding aircraft of Pakistan Air Force (PAF) in Jammu and Kashmir on February 27, his Squadron has taken on a new sobriquet - Falcon Slayers.
Pratap Bhanu Mehta, VC of Ashoka University comes as a guest to Adda in midst of a parliamentary election in which all the consequential questions have been thrown up - from Hindutva & secularism to national security & autonomy of institutions.
Cyclonic Storm ‘Fani’ has intensified into a Severe Cyclonic Storm & can turn into a Very Severe Cyclonic Storm in the next 24 hours. The convergence of winds has lead to rain & thunderstorms over Kerala, Tamil Nadu, Karnataka, & Andhra Pradesh.