Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
Several speakers noted that Budget carried the weight of expectations.
When the Centre collects money through cess, it can retain the entire fund for the particular scheme.
The Economic Survey called for improving business environment.
The Budget shouldn't be stuck on fiscal numbers, the PMO apparently said.
Targeting the Bahujan Samaj Party and the Samajwadi Party, the PM said the two never see eye-to-eye on any issue but are now together demanding his removal as he is working to root out blackmoney.
Chief Economic Advisor Arvind Subramanian's interview.
Franz Beckenbauer, who headed Germany's 2006 World Cup organising committee, said on Monday a transfer of 6.7 million euros to world football's governing body FIFA in 2005 was a mistake but rejected claims it was a return of a loan to buy votes in favour of the country's World Cup bid.
The prime minister sees himself as the "vikas purush". But realising his government's agenda for development requires not just a more efficient administration but also a credible implementation plan, says Nitin Desai.
Rumour has it that former Bihar chief minister Lalu Prasad had once misbehaved with Amit Khare, the then district commissioner of Chaibasa in south Bihar, in full public view. The incident was enough to enrage the strong lobby of Indian Administrative Service officers to take on the all-powerful chief minister.
If oil prices rise, the government would face an uncomfortable political decision.
The purposeful Narendra Modi who won the election has been replaced by a prime minister who looks quite lost, says T C A Srinivasa-Raghavan
Wrestling, axed from the 2020 Olympic programme by the International Olympic Committee (IOC) in February, has a good chance of coming back after making sweeping changes, IOC vice-president Thomas Bach said.
Reddy has worked to reform the economy.
Shah also said that the parties in power in Uttar Pradesh and Karnataka were answerable for the incidents cited by protesting writers.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
Chief Minister Omar Abdullah on Saturday said he was not going to dilute the status of Jammu and Kashmir by "automatically implementing" all central acts and amendments.
Nitish Kumar has said the only remarkable thing during the period was that prime minister has more selfies than all his cabinet colleagues put together.
Inaugurations and foundation-stone laying ceremonies might have been low-key but that doesn't mean Tamil Nadu stood still while J Jayalalithaa was out of office, Aditi Phadnis opines
There are a couple of proposals, however, whose goals are not easily achievable.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
Expenditure on health in India is at a global low of 1.2% of GDP.
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
Populations of cities are rising, more are coming in because cities continue to attract people for jobs and because of increased economic activity. One standard question would be: What is the government doing about this?
The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.
Even as Kiran Kumar Reddy has quit the Congress and resigned as chief minister of Andhra Pradesh, protesting against the division of the state, veteran Congress leader and Himachal Pradesh Chief Minister Virbhadra Singh says he, too, will quit the party if its central leadership removes him from the post of chief minister, after the elections.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
The recent agreement between the RBI and the Centre marks a significant step forward toward financial inclusion.
Enhanced revenue generation is a priority for the government.
The government is looking at building by-laws and floor area ratio so that you can build up instead of out, thus requiring less land.
Four specific areas will be watched carefully in the first half of FY16
India will have to devise policies to ensure overall growth in FY16.
This is the Centre's highest-ever budgeted capital outlay.
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
Modi govt must implement few policy measures which it announced in Budget 2015.
This Budget signals a shift from a hand-out to a hand-up economy.
Can Jaitley's team hope to garner 17% more on personal income tax?
The absence of a clear underlying economic ideology in the Budget was quite evident, say experts.
India needs to tread cautiously on the growth path.
Preparing legal framework to protect states from revenue loss.
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