Control over PSU banks is what is allowing the government to drive this scheme.
It's high time we now turn the popular question on its head -- when there is no growth in jobs for several years, how can the real GDP grow at 7 per cent per annum, says Mahesh Vyas.
The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
Seeking to woo Muslims as well as upper castes, the Samajwadi Party on Wednesday promised quota in police and other government jobs for minority community, release of "innocent" youths jailed on terror charges and constitution of an upper caste commission in its manifesto brimming with sops.
The resentment against the government has increased.
PM Modi on Friday pitched for a BJP govt in UP to promote politics of development but skipped any mention of the raging controversy surrounding Dalits.
'Success will require political skill, not just economic expertise'
Boost to dairy sector will generate jobs
With a sole mandate of inflation targeting, RBI wears many hats.
Desperate times need desperate actions, and the BJP's only option is to enforce legislation to build a Ram mandir, says Sunil Sethi.
EPF is the major vehicle for the long-term savings of organised private sector employees.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
Rising rural distress due to back-to-back droughts have put pressure on FM to spend more on social schemes; no change in tax slabs likely
Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav on Thursday declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of bank deposits and Provident Funds.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
'Power sits lightly on Arun Jaitley's shoulders. Just because earth-shaking election results have brought his party in power, he has not gone recklessly ambitious. "Too soon, too fast" is not what he likes,' says Sheela Bhatt/Rediff.com about Budget 2014.
'Jobs will exist at very high levels or low levels of skill sets.' 'People, who are in middle level jobs, are the ones who are facing the problem as such jobs are fast disappearing because of technological advancement.'
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
SBI had a tough journey in the last 40 years.
Finance Minister Arun Jaitley presented the Union Budget.
The Centre is against giving any shock in the first year of the rollout by bringing in new services.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'
India's new policy commission has received a makeover and a dream team has been formed to head the Think Tank, NITI Aayog.
This Budget signals a shift from a hand-out to a hand-up economy.
Arun Jaitley had a tough fiscal hill to climb.
Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.
'We have promised to ensure reduced tax rates.'
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
Launching a counter offensive against Congress vice president Rahul Gandhi for giving the Modi government "zero out of 10" for handling farmers' issues, Parliamentary Affairs Minister Venkaiah Naidu on Sunday said that "zeroes cannot see beyond zero".
'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.
Single window clearances for realty must.
Indian economy about to take-off
'On the tax front, most of the Budget proposals are sensible'.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
Mohandas Pai took part in an hour-long chat on rediff.com
Jaitley has managed the difficult feat of sticking to the fiscal correction.
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