The National Rural Employment Guarantee Scheme (NREGS) was launched by the previous United Progressive Alliance (UPA) government in the first flush of its commitment to the 'Aam Aadmi' agenda.
A quarterly index on jobs created is vital for policy action.
The five-year BP outsourcing deal for $1.5 billion (Rs 7,500 crore) is the best piece of news that the outsourcing industry has had since the global recession began. It tells the country that outsourcing, and its companion off-shoring, are here to stay.
The current practice which involves dealing with the Institute of Chartered Accountants to deal with auditors, is long and so tedious, and in practice offers practically no remedy at all.
'It is my belief and expectation that Indian entrepreneurs will continue to contribute effectively in our journey ahead to achieve the shared vision'
The proposal to levy a minimum tax based on assets undoes most of the good that the code seeks to do and will discourage capital-intensive industries.
The government's proposal to roll out a plan by the year-end to raise solar power generation capacity to 20,000 mega watts (MW) by 2020 is laudable but could be a case of vaulting ambition, and therefore not very realistic.
It is now widely accepted that the faith placed in independent directors, to improve the standards of corporate governance, has often been misplaced. Most of them, and not just in the case of Satyam Computers, tend to go along with the promoters who appoint them.
Bubble economies don't last, and crises bring you back to reality. The truth of both these assertions has become manifest in recent weeks.
The US decline decelerates on the back of public spending.
A friend of Mukesh Ambani should not be petroleum minister
Don't threaten a strike, check your business model
India is the only country which has a negative list incorporated in a trade pact with Asean.
The high numbers are becoming the centre of a political storm.
The challenge is making governments at the Centre and in the states start focusing on the needs of towns and cities
A fiscal deficit of 6.8 per cent of GDP, up from 5.5 per cent postulated in February's Interim Budget, means an additional stimulus of nearly Rs 80,000 crore (Rs 800 billion).
India Inc believes that given the current economic slowdown, it could not have been any better
In 30 days, there have been a flurry of ministerial pronouncements. It does seem that most ministers have taken seriously the prime minister's observation that this time there can be no excuses.
While the civil aviation ministry's activist supervision of the airline's functioning is said to be responsible for much of the mess, the airline management has its own sins to answer for.
As huge declines continue, the govt can do little. Major trade destinations -- the US, UK, Europe and Japan -- are all gripped by severe recession. Other countries in Asia have experienced declines of comparable magnitude.
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