Shah said, "Rahul baba cannot see development as he sports Italian spectacles."
The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.
The mega campaign, to start on Mahatma Gandhi's birth anniversary, will be conducted just before the elections in three major Bharatiya Janata Party-ruled states and also before the 2019 general elections.
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
YSR Congress chief Jagan Mohan Reddy has written to leaders of various parties seeking their support for the motion.
India opened up its economy to the private sector in 1991.
The 13th Finance Commission had last year set a capital expenditure-to-GDP target of 4.5 per cent by FY15.
'An era of fiscal pessimism is setting in, which, if not countered intellectually, is going to have the same effect as export pessimism has had,' notes T C A Srinivasa Raghavan.
Finance Minister Arun Jaitley more than halved the central government's financial support.
The Budget would preserve macro-economic stability.
'At this stage, you should distribute money and food.' 'Like you queue up to vote, let people queue up to collect this.' 'This will arrest the decline in demand which will have a multiplier effect on the demand side for the economy as a whole.' 'The government should earmark about 2% of the GDP for this.' 'And this should be the first step to revive the economy.'
'We are going to have a recession this year, maybe next year too...'
The Biju Janata Dal will not oppose the government simply for the sake of opposing it, BJD Member of Parliament Bhratruhari Mahtab tells Aditi Phadnis.
The Congress candidate from Thiruvanathapuram said that the Centre has ignored the concerns and aspirations of southern states and that Rahul Gandhi's decision to contest from the south has made a very effective outreach.
The HRD ministry is preparing a point-by-point rebuttal on charges that include infringing on the autonomy of higher educational institutions and a cut in the education budget.
The final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said on Wednesday.
Telugu film star and Jana Sena Party chief Pawan Kalyan has launched a vitriolic attack on the Centre for denying special category state status to Andhra Pradesh.
'While all would agree on the need to be ready to launch cross-border strikes on terror camps, there is sharp disagreement on how best to do it.' 'Through IAF fighters, or surface-to-surface missiles?' 'Or should army Special Forces be created to do the job?' 'If air strikes are the agreed priority, additional funding must be made available for the purchase of fighters and missiles.' 'If it is to be Special Forces, the army must be facilitated in raising a Special Forces Command,' notes Ajai Shukla.
The extra borrowing implies Jaitley will have extra spending space in the Union Budget for FY19, the last full one before the 2019 general election
In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.
The PM spoke about financial inclusion.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
A well-functioning GST will enhance tax compliance and boost growth: IMF
Centre releases Rs1,712cr to TN, Rs 1,234cr to Karnataka for drought.
As per latest government data, retail inflation inched up to a 22-month high of 5.77 per cent in June.
Kumar also questioned the prime minister on various promises made by his government including return of black money, enhanced MSP to farmers and special status to Bihar among others.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
Increase of 10% to 12% likely in a bid to improve citizens' mood after demonetisation.
'Every Finance Commission creates its winners and losers' point out T N Ninan.
Niti Aayog has come out with an initiative to improve governance in states.
The BJP president further said that Andhra Pradesh has always been on the agenda of national development and Prime Minister Narendra Modi has left no stone unturned to ensure its growth and prosperity.
States' demand for 5 years and Constitutional provision ruled out
The government on Wednesday approved Rs 10,000 crore (Rs 100 billion) 'Fund of Funds for Startups' to support them with an aim to generate employment for 18 lakh persons.
It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates.
The shift from 'one country, one tax' to four tax rates could dilute possible gains on GDP, warns T N Ninan.
Beyond welfare politics, the BJP has assiduously worked to appropriate regional icons.
The centre's promise of a new deal for the states is a welcome development.
Modi govt must bring about reforms to kick-start big-ticket infra projects.
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
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