'The CEA suggested that could be as high as 19 per cent.'
A lot of work is needed to be done on the part of the insurance sector behemoth, and the government, before it is ready for its market debut.
While it made sense for Capt Amarinder Singh to support the Gandhis since none of the 23 'rebels' had any mass base, the truce was important for his ambition to lead the party in the February 2022 state elections. Archis Mohan reports.
Almost all infrastructure ministries continued spending on capex throughout the lockdown, even as the Centre tried to maintain some semblance of economic normalcy.
The sudden stop in economic activity led to a sharp decline in employment-intensive sectors like construction, manufacturing and trade, hotels, transport etc.
Instead, 2019-20 could be the base from which the Budget estimates for next year are calculated.
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
The plan could mature into either an umbrella programme for urban youths similar to the Garib Kalyan Rozgaar Abhiyaan or a modified urban-focused version of MGNREGS.
Court orders probe into Union minister Gajendra Singh Shekhawat's role in a complaint linked to Sanjivani Credit Cooperative Society, in which thousands of investors allegedly lost Rs 900 crore a year ago.
The thinking at the Centre is that since the RBI has ramped up purchases of government bonds, the interest earned on them will be transferred to the exchequer as dividend.
'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'
The plan involves the Rajya Sabha and Lok Sabha seating half of their members in their respective chambers, reports Archis Mohan.
The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.
The firm, headed by Sunil Kumar Gupta, was appointed auditors of the PM's National Relief Fund in 2019, reports Archis Mohan
This includes an infrastructure push which may lead to the government spending more than its budgeted capital expenditure for 2020-21. There are also discussions on increasing the scope and quantum of direct cash transfers to the beneficiaries who need it the most.
Officials have said the national capital lacked a convention centre big enough to seat so many MPs and adhere to social distancing norms. Additionally, holding a 'virtual session' looks slims as any change in the rules requires a motion to be carried in both the Houses of Parliament.
'Given the 50 per cent or thereabouts increase in borrowing that has been announced, it is a reasonable estimate to say that at this time, an increase of 1.7-1.8 per cent on the 3.5 per cent budgeted fiscal deficit target is being anticipated,' Chief Economic Adviser Krishnamurthy Subramanian said on Friday.
'It is a package for a new self-reliant India.'
This comes at a time when the COVID-19 crisis is expected to derail the government's revenue maths for 2020-21, hitting the mop-up from sources such as taxes and divestment.
These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances