Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
India is among 120 countries which backed the draft resolution put forward by the European Union and several other countries.
Chief Economic Adviser K V Subramanian on Friday said there is an "upside potential" in the estimates about the economy during the current financial year amid a faster-than-expected recovery. He said the final print could be better than GDP estimates given by various institutions, including the Reserve Bank of India, which projected contraction of 9.5 per cent during 2020-21. During the second quarter, India's economy recovered faster than expected as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on consumer demand bouncing back.
'It is a national shame that the only country that enacted a food security act is now better known as the land of farmer suicides. Indian farming can change only if national irrigation policy is implemented in totality,' Dr M S Swaminathan tells Shobha Warrier/Rediff.com
While the directorate general of foreign trade has completed consultations with the industry and exporters, it will start interacting with the different ministries like agriculture, finance, micro, small and medium Enterprises, steel and environment. Revenue department in the finance ministry holds the key for extending benefits to exporters who are facing the brunt of recession in several major economies.
Modi said both sides expressed commitment for an open, efficient and rules-based regional architecture and to expand bilateral maritime cooperation further.
'We know each other for quite some time.' 'He could provide stability to the country for five years.' 'But he could not provide confidence to the countrymen that he is our leader.'
Tipu Sultan is a controversial figure in Kodagu district as Kodavas (Coorgis), a martial race, believe thousands of their men and women were seized and held captive during his occupation and subjected to torture, death and forcible conversion to Islam.
In its daily briefing, the government also reported Goa is now free of coronavirus.
The new economic affairs secretary believes that doing more of the same cannot help; you must do things differently.
#Budget2018 resulted in over 14 lakh conversations on Twitter.
While FMCG companies were not barred from carrying out their operations during the 21-day lockdown, since most manufacture staples and essential products, capacity utilisation remained poor, owing to the restricted movement of raw materials, finished goods, and labour.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
The Union new and renewable energy ministry said Uttar Pradesh was progressing "very well" in off-grid solar energy space
India has been maintaining that China has no locus standi in commenting on Jammu and Kashmir.
Ajit Balakrishnan on learning from past technology revolutions.
The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.
According to the consumer affairs department, these chit funds are operating at a small level.
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
The 21-day coronavirus lockdown in force since Wednesday has triggered a mass exodus of migrant workers across the country since the last few days.
'The finance minister has told the BJP's core voters we are hearing you and we are sensitive to your aspirations.'
Prime Minister Narendra Modi has brought Hindi into vogue in the external affairs ministry and managed a diplomatic coup by inviting SAARC leaders, including Nawaz Sharif, to New Delhi for his swearing-in. Sheela Bhatt's impressions of the Indian prime minister's first day in office.
In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.
'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.'
Kerala CM Pinarayi Vijayan urges his counterparts to stand up against Centre's 'anti-federal, anti-democratic and anti-secular move'.
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.
Eighty-six deaths were reported in mainland China with 3,399 fresh cases from 31 provincial-level regions, the country's National Health Commission said on Saturday.
The reshuffle is aimed at speeding up the implementation of the government's ambitious programmes like the SmartCity project and focus on key sectors like Mines, Information Technology and Road Transport.
The government was going in the "wrong direction" and it was "highly condemnable" that it did not discuss the proposed changes with trade unions and other stakeholders, says BMS, trade union arm of the RSS.
If the protests have cemented the ties between the peasantry and the traders, the political implications for the BJP might become too serious to be disregarded because its core base was made up of the urban Khatri merchants.
The female tiger, named Nadia, is believed to be the first known case of an animal infected with COVID-19 in the US. It is suspected that she contracted the virus from a caretaker who was asymptomatic at that time.
According to the ministry's statement, Tomar thanked the BKU (Kisan) leaders for coming out in support of the Farm Acts and said these laws have been welcomed in various states across the country.
Star cricketer Rohit Sharma has wished luck to the Indian sports contingent, which will take part in the upcoming Rio Olympic Games from August 5-21, by presenting an autographed bat to ace marksman Gagan Narang.
Large urban co-operative banks may come to be solely under the provisions of the Banking Regulation Act, even as the smaller among them are to remain within the exclusive fold of the Registrar of Co-operative Societies. The upcoming changes will bring the curtains down on the vexed issue of dual control of UCBs, which has been in vogue for 54 years. The new framework will affect 1,551 UCBs in the country, which had a total business of Rs 7.36 trillion.
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
NABARD gets Rs 5,000 crore to finance warehouses, godowns, silos and cold storage.
Bank, bankruptcy reforms, Nabard Bill amendment on agenda.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
The EGoM meeting, attended by Finance Minister P Chidambaram, Home Minister Sushil Kumar Shinde, Railway Minister Pawan Kumar Bansal and Food Minister K V Thomas among others, reviewed the situation in drought-hit states like Maharashtra, Karnataka, Gujarat and Rajasthan.
India is now a biz friendly nations, say Arun Jaitley.
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