The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
Government hits back, tells rating agency to introspect on processes.
The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.
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.
The Niti Aayog is preparing 15-year vision document that will replace the Five-Year Plan from the next financial year
'GST gives a huge relief to small businesses of India and West Bengal.'
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
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.
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
For the government to meet its GST roll-out deadline of April 1, 2017, the states will have to ratify the Bill before Parliament's winter session, starting November.
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.
Lack of political consensus on economic reforms a key concern.
With EU, it is part of the FTA that we will need to negotiate.
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.
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