A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
India's overall retail inflation eased to 4.41 per cent in September, helped by falling commodity prices, but rural inflation was at 5.05 per cent
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.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
The economic growth fell to a decade low of 5 per cent in 2012-13 fiscal.
The manifesto said that loans of poor farmers and farm labourers will be waived off and loans of SCs and BCs will also be waived off.
Besides Budget, markets will be driven by global events and the outcome of assembly elections.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'
'On the tax front, most of the Budget proposals are sensible'.
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.
'We are facing a crackdown for more than a year. Our permission to collect funds was cancelled. Our bank accounts were frozen.' 'We believe that our work in India is very important. We want to be the environment watchdog. We do not want to waste time fighting legal battles.'
Make in India right now is just a slogan. The policy content is missing or not clearly articulated. The lion with cogs and wheels must now show some majestic movement forward, says Rahul Khullar.
The government's largesse was widely expected after the ruling Bharatiya Janata Party lost power in the recent assembly polls in three Hindi heartland states, where rural distress was cited to be one of the reasons for the defeat of the saffron party.
The district administration, with the help of National Disaster Response Force and Central Reserve Police Force, has intensified relief operation and rescued around 260 people.
At the bottom of the water index for 2016-17 are Odisha, Bihar, Jharkhand, Uttar Pradesh (UP), and Haryana, which are major producers of paddy, wheat, along with a host of horticulture crops.
NDA government has shunned populism.
'A lot of unauthorised encroachments have taken place in our forest area.' 'The landslides are partly because of such encroachments.' 'The other factor is deforestation.' 'Protection of forest resources is not on the agenda of any government.' 'The damage caused by the rain in Kerala is a man-made factor.'
Siddaramaiah announces free LGP gas, universal health scheme in budget
Sending money to families in India will get more expensive
Prime Minister Narendra Modi has managed to pull off what was unimaginable a year back -- adopting a much-needed centre-left approach, says Devanik Saha.
The company plans to raise Rs 750 crore; other realtors may follow.
The PM said the programme will be designed to suit Indian conditions and focus would be on ensuring benefits for the youth from the lowest strata of the society.
The bill would prohibit unaccounted money from being pumped into the sector and as now 70 per cent of the money has to be deposited in bank accounts through cheques.
Real estate sector cheers reforms in the Budget.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
The IMD came out with a dismaying prediction.
Progress on several parameters creates a tipping point situation.
Allegations abound that traders milked the scheme to artificially keep prices down, while a significant amount of growers didn't even register owing to multiple difficulties in registration and were deprived of the payout.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
In a tweet, the party said Ram Temple was not on the agenda of Shah during his one-day trip to Hyderabad.
Vat Vrikshya -- banyan tree in Sanskrit -- helps tribal women, with absolutely zero formal education, set up businesses.
'Nehru once told JRD, "I hate the mention of the very word profit".' '"Jawaharlal, I am talking about the need of the public sector making a profit!" JRD replied.' 'Nehru reiterated, "Never talk to me about the word profit, it is a dirty word".' A fascinating excerpt from Shashank Shah's The Tata Group: From Torchbearers To Trailblazers.
He said it should not be allowed to continue 'even for a minute'.
Ajit Balakrishnan envisions a flag to capture the spirit of the impending conflicts of the Information Age.
Modi is as divorced from reality as Manmohan Singh. He might want to sound expansive and visionary, but to be credible he must have his feet on the ground and know the reality around him. Instead of delivering irrelevant homilies to small and hence poor farmers, the prime minister should be thinking in terms of creating a huge demand for alternative employment, mainly in the construction sector, and his promised hundred new cities is a capital idea, says Mohan Guruswamy.
Let start-ups be start-ups until they become grown-ups, let young entrepreneurs be experimental and bold, let VCs do their job, but for God's sake, the nation must prime the real grown-ups to solve the imminent issues., says R Gopalakrishnan.
"Will anybody want a servant that who is on vacation when needed at home? And nobody knows where he is," he continued.
'The middle class stood by the BJP, especially after demonetisation, and they expected something in return.' 'Some section of the BJP believes the middle class is condemned to vote for the BJP as they have no other choice.' 'They think they can treat them any way, still the middle class will run to vote for it.' 'That's what the Budget seems to convey.'
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