someone Posted February 26, 2015 Posted February 26, 2015 Jaitley's speech in RS today :clap: One should watch it to clear many doubts around the land bill.
amiret Posted February 26, 2015 Posted February 26, 2015 The 22000 cr allocation is on account of Telegana-Andhra split primarily. http://www.hindustantimes.com/india-news/andhra-nearly-broke-cm-naidu-seeks-help-from-modi/article1-1309453.aspx State split excuse can be given for the Fiscal deficit . But then why would the State Govt exacerbate that fiscal deficit with Populist measures like Rs.50,000 CRORE Farm Loan subsidy /waiver and then beg the Govt for assistance ?
Sachin=GOD Posted February 26, 2015 Posted February 26, 2015 Good discussion happening on AajTak. Ravi Shankar Prasad getting quite angry after Yogendra Yadav asked some good questions.
seedhi Posted February 26, 2015 Posted February 26, 2015 State split excuse can be given for the Fiscal deficit . But then why would the State Govt exacerbate that fiscal deficit with Populist measures like Rs.50,000 CRORE Farm Loan subsidy /waiver and then beg the Govt for assistance ?That is a question the state govt has to answer. Not the central govt. Could be that Chandrababu Naidu is inspired by the secular UPA under MMS who also gave farm loan waivers before 2009 elections.
Sachin=GOD Posted February 26, 2015 Posted February 26, 2015 Jaitley's speech in RS today :clap: One should watch it to clear many doubts around the land bill. Delivered epic pwnage on Anand Sharma.
randomGuy Posted February 27, 2015 Posted February 27, 2015 Jaitley's speech in RS today :clap: One should watch it to clear many doubts around the land bill. And modi's speech in LS today :clap:
Sachin=GOD Posted February 27, 2015 Posted February 27, 2015 This Will Make Railways Mover Of Economy http://swarajyamag.com/economy/this-will-make-railways-mover-of-economy/ BTW anyone really interested in Indian Railway HAS TO READ "Railways - Choice & Competition" - currently a 13 part series on Indian Railway by Bibek Dibroy. Link - http://swarajyamag.com/columns/railways-choice-and-competition-xiii/
G_B_ Posted February 27, 2015 Posted February 27, 2015 any idea how much land the Indian railway holds? and what its worth is? Prabhu did mention he would monetise assets. I assume land is a big chunk of that
randomGuy Posted February 27, 2015 Posted February 27, 2015 any idea how much land the Indian railway holds? and what its worth is? Prabhu did mention he would monetise assets. I assume land is a big chunk of that dont know..but Container Corporation of India is a railway PSU(30K crore Mcap) where govt. owns 61%. They can disinvest. They can list some of the other railway PSU in stock market. -http://en.wikipedia.org/wiki/List_of_public_sector_undertakings_in_India monitization can mean of a broad range of options of how one can raise money.
randomGuy Posted February 27, 2015 Posted February 27, 2015 Prabhu said that the rail budget has laid a roadmap for the coming five years for an overall revamp of the rail system, which entails an investment Rs 8,56,020 crore. For the current year, the investment figure is Rs 1,00,011 crore. “Money that is to be raised to finance our operation is largely coming from extra-budgetary resources. But we cannot depend upon the GBS alone. The finance ministry also raised money from the market. So why not we do the same thing?” Prabhu said during his post-budget media interaction.http://www.india.com/news/india/top-3-mantras-of-suresh-prabhu-for-indian-railways-borrowing-ppp-asset-monetisation-298012/
vvvslaxman Posted February 27, 2015 Posted February 27, 2015 No new train announcements was the best part... Was sick of hearing Mamata harping Duronto trains from Kolkata, Kolkata, Kolkata in previous budgets and then the cribbing about how one state did not get anything, some states are being favored,etc. good riddance of that tamasha :hysterical: That cost us so much.
G_B_ Posted February 27, 2015 Posted February 27, 2015 Re trains I think we should aim to run trains at an average speed of 125km per hour between major cities. That can be accomplished with existing infra. Mumbai to Delhi would be about 11-12 hours. I do believe the max speed of trains or locomotives we have is 150km per hour. A person can book a train for 9pm in mumbai and end up in delhi at 9am. Many people will prefer that.
diga Posted February 27, 2015 Posted February 27, 2015 This Will Make Railways Mover Of Economy http://swarajyamag.com/economy/this-will-make-railways-mover-of-economy/ BTW anyone really interested in Indian Railway HAS TO READ "Railways - Choice & Competition" - currently a 13 part series on Indian Railway by Bibek Dibroy. Link - http://swarajyamag.com/columns/railways-choice-and-competition-xiii/ nice article there and the philosophy behind the budget..
amiret Posted February 28, 2015 Posted February 28, 2015 Even though , he has not been part of our group for a long time , we are hoping Modiji will sympathise with fellow baldies and allow full tax deduction for Hair transplants.
diga Posted February 28, 2015 Posted February 28, 2015 Budget speech begins.. live video from http://budgetlive.nic.in/
diga Posted February 28, 2015 Posted February 28, 2015 What is this Madam madam every 5 minutes. speaker is Sumitra Mahajan
bulbul Posted February 28, 2015 Posted February 28, 2015 speaker is Sumitra Mahajan I know,but why that required?
bulbul Posted February 28, 2015 Posted February 28, 2015 Jaitley not well? Speaker asking him to sit if required.
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