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Budget 2018-19: No money where the mouth is
20 February, 2018, C.P. Chandrasekhar
Rhetoric and meagre show of financing aimed at the neglected and marginalized sections, to address the pre-election imperative of the Budget have not even been able to fulfil the irrational fiscal deficit targets of the FM, even with massive disinvestment and absence of fund allocation.
Window Dressing Budgetary Figures
31 January, 2018, C.P. Chandrasekhar
Budget 2018-19 will feature a window dressed Revised Estimate to ensure that the fiscal deficit is on target. The government’s decision to sell its stake in HPCL to ONGC is only one more step in that direction.
What the Rising Rupee Signals
22 April, 2004, C.P. Chandrasekhar
The Indian rupee is on the rise. While its appreciation vis--vis the dollar began in June 2002, when it had touched a low of more than Rs. 49 to the dollar, it has been rising vis--vis the Euro as well over the last four months. During these periods of ascent, it has appreciated by close to 12 per cent vis--vis the dollar in 22 months and by a significant 9 per cent vis--vis the Euro in a short period of 4 months.

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