Trustees of Retirement fund body EPFO will decide tomorrow on amending the scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit about its 28 lakh pensioners.
Asserting that inclusive growth will remain as central plank of the United Progressive Alliance, Congress President Sonia Gandhi said it was in tune with this concept that the government had launched a series of welfare programmes and legislative initiatives, especially for the weaker sections.
The future of both Bihar and the country would be determined by the outcome of the "crucial" polls in the state, Congress President Sonia Gandhi said on Saturday while sharply attacking Prime Minister Narendra Modi whom she described as an expert in "packaging and repacking".
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.
Those from the longest ruling family are criticising (the PM) on suit. I ask you, haven't your father and grand father worn suits," he said.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
One popular strategy is to hire contract workers.
Budget is a populist one, wil lbeneift common people
Finance Minister Arun Jaitley more than halved the central government's financial support.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
The government, he said, has implemented 'bold reforms'.
'What the government should do to create jobs is to help revive the MSME sector.' 'This sector gives employment to lakhs of people.' 'The MSME sector provides more employment than the big industries.' 'So, what should be done immediately is to revive the MSME sector.'
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
The Bill will make it tougher for workers to go on strike.
Smart investors fine tune their investments as per the Budget announcements to make the best possible use of tax deductions and other sops.
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
Andhra Pradesh now comes third in ease of doing business.
The employment structure of India's organised manufacturing sector has undergone substantial changes over the last decade.
All credit to the finance minister for walking the fiscal and expectation tightrope extremely well in his budget speech, says Ganesh Natarajan.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
Congress President Sonia Gandhi on Wednesday released the party's manifesto and claimed that the party will perform well in the forthcoming Lok Sabha polls.
The top two in the government and in the Bharatiya Janata Party, Prime Minister Narendra Modi and party President Amit Shah, respectively, spent the day trying to hard sell not just the contentious land Bill but also how the Modi government stood for the welfare of farmers.
Stepping up his offensive against the Congress, he asked the party to "repent" for what it has not done in the last 60 years.
All is not well with Telengana and its Chief Minister K Chandrasekhar Rao
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
He said land is required for rural roads, irrigation, electrification.
A programme that endeavours to graduate the poorest people could have seminal implications for Prime Minister Narendra Modi's government.
No prime minister of India ever had greater experience of running a state than Narendra Modi.
Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
Parliamentary Standing Committee on Human Resource Development headed by Satyanarayan Jatiya has slammed SAI for not roping in sportspersons even 20 years after being asked for restructuring of the "unwieldy and monolithic bureaucratic organisation
The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response
US President Barack Obama said there is natural convergence between India and the United States.
Equity markets are currently difficult to gauge as the market has probably priced in a lot of things ahead of actual events.
Bringing in the untapped informal sector into the formal one will benefit business.
This Budget signals a shift from a hand-out to a hand-up economy.