India Insight

Budget in a bunker

March 16, 2012

The leather briefcase that the finance minister holds up for the cameras before he delivers the budget in parliament is one of the most curious hangovers from British colonial times.

The bitter truth behind BJP’s deafening budget silence

March 23, 2011

To some, the parliamentary walkout by India’s opposition prior to the vote on the country’s annual budget motion marked the failure of India’s ruling Congress party to engage with its primary adversary, the Bharatiya Janata Party (BJP), over its claims that the Prime Minister had lied to parliament to protect his own reputation.

from Money on the markets:

Should we have a separate railway budget?

February 23, 2010

INDIA-BUDGET/RAILWAYSA railway budget separate from the general budget started in 1924 because the railways then formed more than a third of the budget.