The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
The government has made its initial moves, good and not-so-good, while the roll-out in some cases has been slow.
He added that the risks can increase if the Chinese slowdown gathers more speed.
'Information highways are getting stronger and being strengthened.' 'Occasionally, accidents could occur. But do you stop constructing highways because two motor cars collide?'
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
India's macroeconomic environment is improving, but it is still not past the point where it can ignore the developments in the global markets
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
Sops for middle class, poor and farmers on cards.
Nilekani said new-age technology markets work on a winner-takes-all basis.
From coming up with the correct list of beneficiaries to finding enough people to work as Ayushman Mitras to generating awareness about the scheme - many things need to fall in place before it can be successfully launched in a few days.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
AG Venugopal asserted that right to privacy could not be bundled as a single right in a developing country like India where a few persons, claiming right to privacy, override the fundamental rights of 60-70 million people, who did not have access to basic amenities like food and shelter.
'It is not that he has not committed any mistakes; he has.' 'But people were willing to forgive you if you were honest.'
Manish Sabharwal tackles 5 criticisms of demonetisation.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
The government does not seem inclined, at least in the petroleum sector, to effect sudden and steep upward price revisions to tame its huge subsidy burden and rein in fiscal deficit.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Noting that Aadhaar was an 'irreversible process', Unique Identification Authority of India Chairman Nandan Nilekani said on Friday they have targeted to enroll 60 crore (600 million) people by 2014.
The challenge of achieving fiscal deficit targets for the next two years seems daunting.
India's near-term growth has improved: IMF
The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.
The Economic Survey called for improving business environment.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
The Budget will indicate where the Modi government stands on reforms, growth and development.
Speaking at the inauguration and laying of foundation schemes of various schemes, Modi said, Leh and Ladakh will also be benefited by this.
India on Thursday sought strengthening of SAARC monitoring desks on terrorism and drugs, underlining that illicit funds generated from narcotics and fake currency networks are being fed into supporting terror activities
Low fuel prices to help oil marketing and refining sectors but upstream players will stay under pressure.
Venkaiah Naidu said Aadhaar will not be made mandatory till the entire population gets such cards or UID numbers.
These are initiatives not commonly seen in economic administration.
Mr Modi must now work to win over the governor as a friend and learn to influence people credibly.
Credibility of fiscal promises is a virtue that no finance minister can afford to lose.
The research found that 50% of the people were receiving either nothing or less cash than they were entitled in lieu of the subsidised grains that were stopped under the pilots starting from September 2015 till May 2016.
'It doesn't really matter ultimately what individual commentators say or write about Modi. So long as he continues the BJP's march towards greater vote share, a bigger geographic spread and a crushing of the Congress, he is a success,' says Aakar Patel.
Renewable energy is mistakenly restricted to electricity.
The growth, however, may not indicate a major revival of economic activity.
Can Indian youth work on solutions for cyber security?
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