Unless supported by investment, any spark of a recovery could be temporary, hint economists.
IDS-2 and raids to uncover black money stash keep receipts flowing
The Indian navy suffered yet another mishap on Friday with gas leakage in an under-construction warship in the Mazagaon Docks here, claiming the life of a Commander and hospitalisation of two dockyard employees.
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
Experts say the Bill should include higher-value food items than just cereals
For PPP projects, clause on consent requirement could be abolished or brought down to 50% of land owners, against the current 70%
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
'The defence minister is stuck in the trivial and frivolous with a clerical mindset merely to prove his so-called 'honesty" overlooking the primary aim of adding sufficient military muscle and firepower to the defence services,' says Bharat Verma.
The panel was set up to suggest ways to reform India's monetary policy.
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
An Indian Navy submarine caught fire after an explosion and sank in Mumbai late on Tuesday night, with 18 personnel on board, including three officers, feared dead.
'It was almost as though there was widespread relief that the defence bureaucracy, and the minister, could find someone willing to shoulder the blame for everything that had gone wrong with the services under Antony's charge -- the poor preparedness of the forces, slow acquisitions caused by indecision, cancellation of contracts and whimsical blacklisting of defence contractors over the tiniest suspicion that they may have paid speed money or kickbacks.'
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