Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.
10 broad areas of priority" for the United Progressive Alliance government in the next five years were outlined by President Pratibha Patil in her address to the joint sitting of Parliament on Thursday
80-85 per cent of about 700 major infrastructure projects within the Centre's domain have been delayed.
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
Introduced in 2015 under the Foreign Trade Policy, the mega MEIS was created out of a merger of five existing reward schemes.
Inaugurating the Pravasi Bhartiya Diwas celebrations here, he pointed out that infrastructure, agriculture, health and education were the key priorities for the second term of the United Progressive Alliance government.
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
Parrikar, who is suffering from pancreatic ailment, presented a revenue surplus state budget sitting on his chair in the state assembly, with a tube inserted through his nose.
Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year.
A whopping 59 million tonnes of fruits and vegetables go wasted in the country in a year due to lack of proper cold storage infrastructure, Minister of State for Food and Agriculture K V Thomas said on Tuesday.
Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai.
Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
Aayog to present its performance review - since its existence - before the governing council
'Every person has two identities in India, that of his caste and nation.' 'It is understandable in a multi-caste, multi-religious society and I don't mind this.' 'What I mind is the State has failed in doing enough to melt these two identities in such a way that everybody has access to citizenship which is more important than your caste.' 'That is why people remain in the narrow identities of his caste or religion.'
Prime Minister Narendra Modi is addressing the nation for the seventh time from the ramparts of the Red Fort on Independence Day on Saturday and it will be his second speech of the second term in office.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
The 71st Republic Day was celebrated in Kashmir amidst tight security. Lieutenant Governor's advisor presided over the main function. However most mainstream politicians stayed away.
Back of the envelope calculations put government expense on each of the new schemes promised by the DMK and the AIADMK at tens of thousands of crores. But then, neither party has said how they are going to also address the mounting debt burden either, says N Sathiya Moorthy.
The plan could mature into either an umbrella programme for urban youths similar to the Garib Kalyan Rozgaar Abhiyaan or a modified urban-focused version of MGNREGS.
Finance Minister Pranab Mukherjee will meet heads of public sector banks on Wednesday to impress upon them the need to further moderate interest rates and also increase availability of credit to industry, suffering from the impact of the global downturn.
'India has to ensure its borders are properly sealed and there is no infiltration from PoK.
If we work together with dedication, concentration and effort, we should be able to achieve our aspirational growth target of double-digits for a very long period of time, suggests K V Kamath.
Govt to soon appoint consultant to explore opportunities for shortlisted Andaman & Nicobar and Lakshadweep island clusters.
The last three prime ministers who served full terms started out in their early 70s. Mr Modi is younger and fitter than all of them. But he needs to find it in him to change course if he is to beat the odds, notes T N Ninan.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
It suggested reforms in the real estate sector.
Despite a favourable Food Processing Policy, the industry faces problems because of lack of infrastructure facilities and highly unorganised structure of food processing units.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
Opposition calls the Budget 'hollow and plain'.
During his interaction with the chief ministers, Prime Minister Narendra Modi assured that more economic activities would resume; he also said that zone identification may be left to the states.
The performance of Janata Dal-United has down compared its performance in the 2015 elections and the ruling party could not win even half of the number of seats it contested in this election.
... if high oil prices persist or stock prices correct sharply.
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
Will help in reviving the economy and push investment.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
The rating agency expects the Reserve Bank of India to continue its accommodative monetary stance.
FM is planning on pre-budget cosultations with representatives of various sectors from Jan 7.
