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Sitharaman dubs India ‘the best place for investors’, promises more reforms Responding to a question on why investors should allocate funds for India, she said that even if the court system is a bit delayed, India is a transparent and open society Current Affairs :Speculators can locate no preferable spot on the planet over India that has a majority rules system adoring and entrepreneur regarding condition, Union Finance Minister Nirmala Sitharaman has said. She additionally guaranteed global financial specialists at a communication session at the IMF’s base camp that the administration was persistently attempting to bring changes. “It (India) is one of the quickest developing (economies) even today. It has the best gifted labor and a legislature that is persistently doing what is required for the sake of changes, over all majority rule government and principle of law,” Sitharaman said on Wednesday. Reacting to an inquiry on why speculators ought to allot assets for In...

Explainer: What is an interim budget? What FM Jaitley can and cannot do This will be the last Budget of the current BJP-led NDA government before the 2019 General Elections With just a few months left before the  Narendra Modi government formally completes its tenure, Finance Minister  Arun Jaitley  will present NDA regime’s first interim budget  on February 1, 2019. As this will be the ruling BJP government’s last budget before the upcoming  Lok Sabha elections , here’s an explanation of what an interim budget actually means. What is an interim budget? An interim budget is presented by a government which is going through a transition period or is in its last year in office ahead of the general elections. Traditionally, an incumbent government cannot present a full-fledged Union Budget in the election year. Instead, the Finance Minister presents an interim budget during the joint sitting of Rajya Sabha and Lok Sabha in the Parliament, the...