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.
Expenditure on health in India is at a global low of 1.2% of GDP.
'The TDP walking out of the NDA is a victory for the YSRCP.' 'The YSRCP wanted it to happen so that it would help them in coming elections.'
Agri experts are meeting FinMin ministry officials on Monday to give their inputs on the Budget.
Four specific areas will be watched carefully in the first half of FY16
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.
This is the Centre's highest-ever budgeted capital outlay.
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.
Preparing legal framework to protect states from revenue loss.
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
With months to go for the Karnataka assembly elections, the man in the hot seat, Chief Minister Siddaramaiah says he'll make billionaire jeweller Nirav Modi and the Punjab National Bank scam an issue in the upcoming Karnataka elections . In an interview to CNN-News18's Deepa Balakrishnan, the CM also says that Hindutva is not a campaign issue in the state.
The Budget decides to take the lead in revving up infrastructure.
The Budget is remarkably coherent.
There is a link between objectives and commitments.
West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.
The government is following a path where it will not be irresponsible or profligate with public money but will intervene in the interest of the poor
The Budget sets out a comprehensive vision.
Why do I want to bring corporate tax from 30 per cent to 25 per cent? I have to attract investment in this country -- not just international but domestic.
Most expect the Budget to be path-breaking.
FM should avoid proposals such as to tax financial transactions and fringe benefits
The allocation in the defence budget is inadequate to meet India's long-term threats, especially from China and Pakistan, says Gurmeet Kanwal.
Union Budget 2015 cuold have included few smaller reforms.
The Economic Survey was tabled in the Parliament on Friday.
Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
It, however, lags other states on crucial parameters such as health care and rural poverty.
'Though federal, the Constitution is unitary in nature. All matters relating to revenue are centralised. It is necessary that matters related to finance have to be decentralised... States need more freedom in designing schemes with their interest in mind. There has to be a Constitutional amendment to give more powers to the states. A special session of Parliament should amend the Constitution, especially the 7th Schedule,' Kerala Finance Minister K M Mani tells Rediff.com's Shobha Warrier.
In the first part of an exclusive interview with Sheela Bhatt/Rediff.com on the eve of the first year of the Narendra Modi-led NDA government, BJP President Amit Shah talks about the government's achievements and the controversy over the land ordinance.
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