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Showing posts with the label Budget

News Capsule For The Month of August 2025

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Following are the top news for the month.   If you wish to follow and get notifications of future articles, you can sign up using the email on the left sidebar.  Article of the month Kerala  Renowned Malayalam writer and scholar MK Sanoo passes away.  Actor and artist Kalabhavan Navas passed away. Kerala's '2-Rupee Doctor' AK Rairu Gopal Dies At 80. Swiggy delivery agent killed as speeding private bus hits bike near Kochi. R I Praveen, a resident of Deepa Cottage, Mariapuram, Thiruvananthapuram, has enrolled in the prestigious institution, breaking a long-standing gender norm in this classical dance form tradition.  'Gandhi is my hero': Kenyan Govt official Ali Hare Ruwa conducts research on Gandhian philosophy in Kerala.  NRI booked for wife's suicide in Sharjah detained at the airport. Kerala CM calls for a report on school and hospital buildings needing repair or demolition. 30 bottles of coconut oil were stolen from the Kochi store; cash, othe...

What is your Politics? What is your Political ideology?

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Politics! Politics! Politics!  By now, you will be tired of my rants on Politics! Fear not, I can give you some relief. This article may not be that long or boring; also, this is not an issue-based article.  Every time you might have a conversation with a politically aware person, it is likely that you will be asked about your ideology, which is indirectly asking you, What are your politics? It doesn't mean which party you support; rather, it is about your ideology. Of course, politics is much more than ideology, but your ideology itself is one of the biggest determinants of your politics.  This article is designed to help you understand what are the various ideologies and help you understand more about your political ideology. So stick around till the end to understand this topic in a much better way.  Please note- This article is not an article meant for experts in Political Science rather for people who want to understand these topics better. No ideology is being ...

Free-Trade is (not) just about economics

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The Trump Administration's new tariff policy has been in discussion for some time now. Starting from his campaign season, he has been harshly talking about imposing reciprocal tariffs with the US's major trading partners. Well, everything that Trump has been talking about tariffs only since last year, right? Not so. Trump made tariffs a central policy even in his 2016 election campaign, and the US entered a trade war with China, which lasted even during the Biden Administration. To our shock, Biden didn't remove most of the tariffs that were imposed by the Trump administration. In addition, Biden continued to keep them as well as continue to impose tariffs on aluminium, steel and 200% on Chinese EVs. Now, you can see there is a small affinity for tariffs not only in the US but around the world.  Let us not deny the fact that we are all beneficiaries of free trade. We are taught pure economics in school but not international political economy. Hence, our understanding of eco...

Takeaways from Kerala Budget 2025

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The budget speech was held on 7th February by the Financial Minister of Kerala K N Balagopal in the Kerala Legislative Assembly. The Economic Review report was presented in the Assembly on February 7, 2023. This is Mr Balagopal’s fifth Budget after taking over as Kerala’s Finance Minister. Budget National Budget Article  Major Announcements from the Budget Speech  GSDP rate- 2024-25 -  11.77%  GSDP- ₹ 13,11,437 crore Public Debt- ₹40,848.21 crore Revenue Deficit- 2.1% ₹750 Crore for Wayanad Relief Package Expected  growth rate Local Self-Government-  ₹ 15,980.41 crore  LSG General Purpose-  ₹ 2,577 crore Kerala Climate Resilient Agri Value Chain Modernisation Project:  ₹ 2,365 crore Removal of river sand from the Bharatapuzha, Chaliyar, and Kadalundi rivers will be resumed Six-lane highway construction to be completed by December 31, 2025 Pilgrimage tourism in Kozhenchery-  ₹ 3 crore Sabarimala Master Plan-  ₹ 1033.62crore KSEB...

The Key Takeaways from the Indian Financial Budget 2025

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On February 1st 2025, the Finance Minister of India, Mrs Nirmala Sitharaman presented the financial budget for the financial year 2024-2025. It was a well-sought-after budget this time as this was the first full-year budget of Modi 3.0. On 31st January, the minister submitted the Economic Survey for the year  2024-2025 with a large set of suggestions for the improvement of the economy. The Minister and the Government deemed the budget will put money in the hands of the people mainly the poor and the middle class. It was a budget representing the core values of GYAN (Garib, Yuva, Annadata, and Nari Shakti) as per PM Modi. India i s expected to post its slowest growth in four years due to a sluggish manufacturing sector, persistent food inflation, stagnant job growth and weak urban consumption. The youth employment is also at 7.5%.  LINK To Newscapsule of January 2025 Major Announcements from the Budget Speech   Fiscal Deficit target- 4.4% No income tax till 12LPA Under th...

News Capsule for the Month of October 2024

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Following are the top news for the month.   If you wish to follow and get notifications of future articles, you can sign up using the email on the left sidebar.  Article of the month Kerala  Bike Taxis to be in Legal Status on New Motor Vehicles Act.  K Surendran calls for an investigation of women's entry to Sabarimala.  P V Anwar held talks with DMK and agreed to associate with the party.  Kochi NH Action Council demands Clarity on Land Acquisition.  GCDA launches tender on public toilets.  Kerala ADGP Ajith Kumar was removed before the assembly session. Kochi might lose its only double-decker bus soon as it's being sent to Trivandrum.  Kerala seeks more central aid for Wayanad.  R Sreelekha, former Kerala DGP joins BJP in the presence of state leaders.  RSS Demands defamatory charges against remarks in the Assembly.  Thripunithra Municipality unveils friendly initiatives.  Actor Bala arrested over complaints by for...