Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
'GST gives a huge relief to small businesses of India and West Bengal.'
The idea behind advancing the Budget date is to ensure that the Finance Bill is passed before the start of the financial year, on April 1, so that all central government departments get their full allocations to work with right from the first day
Make In India and the reduction in barriers of trade will potentially create a growth environment.
Scrapping Plan and non-Plan classifications necessitates the change
The disagreement between the Centre and states continued over administrative powers.
"We did not abuse RBI governors," says Chidambaram.
Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
Asked about the Congress's opposition to the GST Bill, Santosh Kumar Gangwar said no party opposes GST outside Parliament.
A panel will examine the merits and demerits of various dates for the commencement of the financial year.
A committee headed by Patel recommended retail inflation targeting and a monetary policy committee.
The amount constitutes 45 per cent of the railways' total wage bill.
Officials cited the example of the Sixth Pay Commission.
The country had imported 5.5 million tonnes of pulses last year.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
Experts say Prabhu displays a clear intent of reforms but has not been able to fully shake-up the mammoth railway system.
Raghuram Rajan is said to have informally written to select policymakers and experts, to curb 'unnecessary' speculation over his future at RBI.
The price of the Indian basket of crude oil jumped as much as 78 per cent to cross $50 a barrel last week, from a multi-year low of $28 in January.
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
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