New Indian government takes promising steps on agriculture, water and climate
Thursday, July 24, 2014 - 07:30
in Mathematics & Economics
Riding high on a populist mandate but facing growing concerns of a slowdown in the economy and a rising fiscal deficit, last week Finance Minister Arun Jaitley presented the new Indian government's first annual budget, attempting a delicate balancing act that reforms populist subsidies while providing additional income to the common man through increased tax exemptions.