The Railways plans to float an independent fund.
There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
The Bill suggests an insolvency regulator.
Grand plan: 10% GDP growth; 175 million jobs; $10-trillion economy
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
It should be noted that the CPC allocation is provisional.
The Bill neither plans to make the Aadhar mandatory or limit its issuance to citizens.
The Bill could be introduced in Lok Sabha very soon.
The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.
The finance minister may stagger some of the recommendations.
At present, less than one per cent of manufacturing GDP comes from automation in India.
The higher salaries and pension outgo will be equivalent to about one per cent of the GDP.
FinMin officials say an announcement could be made in the Budget.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Budget may bring exemption for those backed by Indian securities other than shares
Capex for next year expected to be up 25% to Rs 3 lakh crore
Modi govt faces extra spending burden due to policies like 7th Pay Commission and OROP
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances