At a time when major economies have increased spending, India will have to do the same.
Unlike the Advance Estimates which missed the impact of demonetisation, CEA's survey is likely to have a better take on Indian economy.
PM's announcement were focused on those most affected by the note ban.
Eco affairs secretary says double counting possible; cash availability to improve in three weeks.
Cash withdrawal limits likely to continue
The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
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.
'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.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances