Indian economy about to take-off
The Union government is keen to ensure financial security for unorganised sector workers
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
The exam will be held on May 26 and 27, 2018.
Dismissing the criticism of his interim budget by Narendra Modi, Finance Minister P Chidambaram said, "I don't want to take the level of this debate to a Class 8 school boys' debate."
A summary of sports events and sports persons, who made news on Thursday
Finance Minister Arun Jaitley presented the Union Budget.
For successive governments the Election Commission remains a 'holy cow', where unhealthy precedents are allowed to be nurtured since Independence, says N Sathiya Moorthy.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Hailing the Congress manifesto as a visionary document promising to shape a better future for Punjab, Dr Singh said the Parkash Singh Badal-led government mismanaged the state and failed to harness its full potential.
A special episode of the Prime Minister's radio broadcast Mann ki Baat featuring US President Barack Obama and Prime Minister Narendra Modi was aired on Tuesday night. The 35-minute special broadcast of 'Mann Ki Baat', which marked the rapport between Modi and Obama, touched on issues ranging from public health and personal inspirations of the two leaders, both of whom have come up from simple beginnings to assume to top positions of the respective countries. What follows is a transcript of the Mann ki Baat episode.
It is rare for communal riots to spread to rural areas. The UP riot is the first time after the September 1969 Gujarat riots that a rural area have been affected. Electoral politics which divide society in majority/minority, going on since the early 1990s, is a major contributing factor to this heightened tension between communities, says Colonel (retd) Anil Athale in the first of a two part series.
'The Left's decline is now a reality, both nationally and in West Bengal.'Behind it lie: Ideological rigidity and confusion, outdated party programmes... a socially conservative upper-caste leadership,' says Praful Bidwai.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
'We have not seen even during Vajpayee's time what Modi and the BJP has adopted now.'
The chaos on its stock markets, a fierce battle between the old and new guard in the Communist Party and the restive border provinces of Tibet and Xinjiang forebode tough times ahead for China, says Claude Arpi.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
Prime Minister Manmohan Singh on Friday disagreed with those in the Congress who were dismissive of the challenge posed by Narendra Modi but asserted that the party would approach the 2014 Lok Sabha polls with self-confidence, irrespective of the results of the just concluded elections in five states.
'I have seen in action six prime ministers and ten chief ministers, considered stalwarts in their days, and it is the first time, in all my experience, that a prime minister has gone into such great detail, laying down even the standards of cleanliness that should be maintained in all offices,' says B S Raghavan, former chief secretary, West Bengal.
It is not a good idea to take the line that since demonetisation happened in the third quarter, everything that happened then was a consequence of that, says Chief Statistician TCA Anant.
'Anti-incumbency, especially in Maharashtra; the BJP's success in creating a new social coalition; and the sheer force of the party's campaign which overwhelmed its opponents,' argues Praful Bidwai, brought the BJP victory in Haryana and Maharashtra, not the Modi effect.
'The clearest interpretation of the November 8 mandate is that the backwards, Dalits and minorities, and a huge proportion of women cutting across caste and class, displayed massive consolidation to the extent that despite chipping of votes by the Left Front, by the Third Front and by the BSP, Mahagathbandhan candidates won, and in many cases by huge margins,' says Mohammad Sajjad.
The BJP government is no better than the Congress -- as wretched and anti-people. In addition, it is explicitly and aggressively communal, says Venkatesh B Athreya, in a hard-hitting interview to Shobha Warrier/Rediff.com.
Mohandas Pai took part in an hour-long chat on rediff.com
Just like with millions of Indian Muslims, even the vice president of India has been forced to undergo the covert loyalty test: 'you are presumed to be pro-Pakistan until you demonstrably prove you are a nationalist', says Shehzad Poonawalla.
Dr Raghuram Rajan's departure holds lessons for all, be it sections of the media, politicians or the people themselves. We need to learn how to value and retain talent. At the same time the talented must realise that talent alone does not ensure the top job, says Sanjeev Nayyar.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
The GST has been a great achievement, but it does suffer from weaknesses, says Chief Economic Adviser Arvind Subramanian.
We still have time for this government to take action.
The second and final part of former cabinet secretary Naresh Chandra's interview to Sheela Bhatt.
If new goals have emerged, this is the time to make fresh investments.
'If chutzpah nationalists brought the Babri Masjid down, chutzpah secularists did precious little to stop it from being torn down.' 'If chutzpah nationalists ensured carnage in Gujarat, chutzpah secularists allowed Muzaffarnagar to become their next hunting ground.' 'Chutzpah secularists readily banned SIMI, but dragged their feet when it came to banning the Bajrang Dal.'
'What we need from the civilian and military authorities are clear strategies rather than an emotional decision to hang terrorists on death row.'
It was the rejection of the Congress' welfarist economics by voters that led to the party's drubbing, says Andy Mukherjee.
Shopkeepers are losing buyers in droves to e-tailers for everything from fashion to smartphones, and are struggling to find solutions.
'This is not a small change, it's a BIG change. People wanted to hear the voice of their PM. They can do so now. This is a big parivartan.'
Nisha Agarwal, commissioner of the New York Mayor's Office of Immigrant Affairs, recalls, with both anguish and elation, the events of the last fortnight after the US President's order banning entry for people from seven countries was put in place.
The industry's reactions to the Budget have been mixed.
