Union Budget 2014-15

Continuing with the capital-centric approach in spite of “people’s verdict for a change”

Presenting the budget of the Government of India for the fiscal year 2014-15, Union Finance Minister Shri Arun Jaitley began his speech in Parliament on 10th July with the following words: “The people of India have decisively voted for a change.

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Sovereignty must not be traded away

July 31st is the deadline for signing of the Trade Facilitation Agreement (TFA) by all 160 member countries of the WTO. The TFA will bind member countries to lower all borders to international trade including tariffs, procedures, etc. The Indian government is opposed to signing the Agreement unless its concerns over WTO Rules regarding agricultural subsidies are addressed.

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Rail budget 2014-15

Rail Minister Sings the Mantra of Privatisation of Railways

The Budget for 2014-2015 of the Indian railways, presented by the Railway Minister Shri Sadanand Gowda represents the continuation of the course of privatization of the railways reflected in the budgets presented by the railway ministers of the UPA government.

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