Like our Facebook Page

Early Times Newspaper Jammu, Leading Newspaper Jammu
Breaking News :   For central- heating at bungalow, JKPCC babu dupes Govt hospital! | Patnitop: Hotels violate pollution norms, ruin fragile environment | J&K Bank past audits under scanner, SEBI guidelines thrown to winds | Mehbooba’s appreciation of Rahul raises many eye-brows ! | Can’t kiss, hug my wife due to threat of Covid: Farooq | IIT Jammu recommends ‘Retrofitting’ of Rehmat-e-Aalam hospital | JK reports 126 new cases of Corona Virus; no fresh death, positive cases reach 123343 | Horticulture Deptt fails Market Intervention Scheme | J&K industrial package will be Sanjeevani in generating employment for youth: LG Sinha | BJP’s young DDC members pledge to develop J&K | Contractor alleges corruption in RDD | Residents protest against PWD, JMC | Natrang presents Urdu play | Commissioner Secretary HED visits NCC Training Camp at Nagrota | Ex-Director Information questions Govt’s rigidity for continuation of farm laws | Impressive Nagar Kirtan taken out | Raina Arogya Trust launched in Jammu | First-ever snowshoe run organised in Srinagar to boost winter sports | Western disturbance to hit J&K, Ladakh from Jan 22: MeT | Act against rumour mongers | The Paradigm Shift in Politics of Jammu and Kashmir | Education on moral values a must for school children: Vijay GarG | WHY TO DESTROY GIFT OF LIFE …. DONATE IT | Stop rhetoric; focus on development, employment generation: Rana tells BJP | Police foils farmers protest rally led by DDC member Tony | Pak continues to instigate Kashmiri youth into terrorism | Divisive politics has no place in J&K: Manjit Singh | JKTA holds meeting, raises burning issues of teachers | Launch of vaccine historic achievement of PM Modi: Kavinder | People with vested interests trying to malign Dharmarth Trust’s image' | Congress castigates "ages old dynastic politics of Kishtwar" | BJP assigns new responsibilities to party general secretaries | JTC holds protest in Jagti | One-way traffic resumes after 6 days on Srinagar-Jammu highway | DRWs, casuals, need based workers worst sufferers in BJP rule: Harsh Dev | Police busts extortion racket posing as LeT | BJP will form the next Govt in J&K with absolute majority: Ravinder Raina | PDP leader Naeem again shifted to jail from hospital in Srinagar | BDC chairman Mandi, former minister, several deputations call on Lt Governor | No encounter in Jammu & Kashmir so far in new year | BJP strengthened democratic system in J&K, freed Kashmir from dynastic exploitation: Dr Andrabi | Abrogation of Article 370 improved governance, restored faith in govt institutions: GOC Northern Command | Bhukhari slams bureaucracy, says fails good governance | JCCI holds elections , Arun President, Anil elected Sr. Vice President | Differing from Omar, Farooq casts doubt on COVID vaccines: ‘Ónly Time Will Tell’ | Abdullah requests PM to restore 4G internet | People face hardships due to dilapidated condition of Gahan road | Food supplier raises same bill for different items provided to participants of national level seminar | J&K lacks Critical Care Ambulance, PAD during emergency situations | ET follow up : Ganouri-Tanta Village Electrified for the first time since independence | Overhauling in BJP within seven-month ‘due to below’ expectation result in DDC elections | Choked drain near Shivaji Chowk annoys residents, solution still far away | Hausla: A video song on KPs exodus to release on Jan 19 | Back Issues  
news details
Budget has not checked inflation
7/8/2019 12:29:07 AM
Nirmala Sitharaman's maiden budget struck all the right chords by addressing all the pain points of the economy. Big numbers were bandied about to provide for higher investments in infrastructure. There were nods towards addressing the unemployment problem by providing sops to sectors with the highest jobs potential that were badly singed by demonetisation and GST; and dollops of capital for banks and indirect liquidity support to NBFCs. Consider as her gift by increasing the prices of imported Gold and a not her gift by raising the prices of petrol and diesel this may cause inflation in the market. Despite the fact that wages in the Army have tekn a lion's share of the budgetary allocation still the Government has earmarked over Rs.4 lakh crores for the defence sector .After it comes the infrastructure and Prime Minister Modi praised Nirmala Sitharaman for her fine budget speech an d made a reference to the infrastructure. Employees and other tax Payers were awaiting drop in the tax structure but Nirmala thanked them telling the tax payers that the Government needed money for roads an d for electrification of the villages. The incr eased budgetary allocation for the Defence sector will help India "Make in India" which would cut cost of imports. This way missiles, long Range guns, tanks and other sophisticated weapons may be produced locally without paying heavy taxes.. Similarly the Railways have been Private investments are being pushed thanks to the 50 trillion investment required between 2018 and 2030. This way Modi's dream plan of introducing bullet trains can be achieved.. Nirmala said that the Railways need Rs.50 crores between 2018 and 2030 in which may new trains could be started besides covering the old stations with new trains.
Health, Education and other sector have not been neglected. Well allotment of over Rs.4 lakh crores to the defence sector is India's priority and this includes security related expenses. And the need for raising the allocations for the defence sector is the outcome of fear for the attack from Pakistan and China. Under the foreign affairs followed by the NDA Government during the last six years but China and Pakistan have not at all adopted friendly ties with India. But the Budget presented in the Lok Sabha has not removed the fears of inflation in the fruit, pulses, rice and flour and vegetables. And the opposition is worried about the rate of inflation the result of revised prices of petrol, diesel and Gold.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
Early Times Android App
BSE Sensex
NSE Nifty
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
J&K Govt. Official website
Jammu Kashmir Tourism
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
Train Enquiry
Jammu Kashmir Bank
State Bank of India
Passport Department
Income Tax Department
IT Education
Web Site Design Services
Jammu University
Jammu University Results
Kashmir University
IGNOU Jammu Center