He was the chief guest of UIDAI's function in New Delhi.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
Planning Commission Deputy Chairman Montek Singh Ahluwalia says Commerce Minister Kamal Nath had warned him in advance that he was going to criticise the apex planning body in public.
Ahluwalia said the government has taken steps to push the infrastructure sector and there are signs of improvement in the core sector production performance of steel, power, coal and cement during July and August.
Planning Commission Deputy Chairman Montek Singh Ahluwalia has apologised to West Bengal Chief Minister Mamata Banerjee for the unruly mob behaviour outside his office targeting her and her Cabinet colleagues and said steps need to be taken to avoid such situations in the future.
Pursuing good economic practices is not always easy politically, but anyone who thinks it is impossible may be 'damming the country', Planning Commission Deputy Montek Singh Ahluwalia said on Thursday.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
'Winning this election will take us a step closer to realising our dreams'
Under Railways, the two sides agreed to pursue specific collaboration arrangements in heavy haul, station redevelopment and raising speed of existing trains in India.
Besides undertaking the routine work, Ahluwalia entrusted the task of revamping the Commission to new member Arun Maira, formerly with the Boston Consultancy Group. "We cannot work is silos. We need better lateral inputs," Ahluwalia had said at a recent internal meeting of the commission.
Industrialist Anil Ambani on Wednesday met Planning Commission deputy chairman Montek Singh Ahluwalia, who is reportedly in the reckoning for the post of Finance Minister in the new UPA government.
On Monday, Reserve Bank hiked the lending rates to banks by 2 per cent to 10.25 per cent.
He is, however, hopeful that impact of recent reforms initiatives will manifest in the data for the second half of the fiscal.
A Delhi court on Wednesday took cognizance of Zee Business Editor Samir Ahluwalia's criminal defamation complaint against Naveen Jindal, his firm Jindal Steel and Power Ltd and its 14 officials.
The Reserve Bank of India announced measures late on Monday to curb the rupee's decline by tightening liquidity.
Seeking to set at rest controversy over Aadhar, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said that UID is a number and not an identity card.
There was Mandira and Krystle and Shabbir and Urvashi and Neelam and...
He feels much of the problems arise at the level of state governments rather at the central government level.
According to latest Central Statistical Organisation's estimates, the economy will grow at a rate of 5 per cent in the current fiscal -- the lowest in over a decade.
The economy had grown at 5.4 per cent in the corresponding quarter of April-June last fiscal.
According to sources, Ahluwalia and Rangarajan separately briefed Singh about the economic situation.
The others who will be joining the commission as members are Narendra Jadhav, honorary vice-chancellor of Pune University and Mihir Shah, secretary of Samaj Pragati Sahayog. The government has also retained Abhijit Sen, Syeda Hameed and B K Chaturvedi as members in the reconstituted commission, sources in the Prime Minister's Office said.
As the country faces the possibility of a fractured mandate after the 2014 general elections, Planning Commission Deputy Chairman Montek Singh Ahluwalia is of the view that in an era of coalition governments, special steps are needed to build consensus around policies or else, India will not be able to grow at its full potential.
Jeetendra is a grandfather once more!
The government, which had set a reserve price of Rs 14,000 crore for pan-India spectrum broadly drawing from the basis used by Comptroller and Auditor General in calculating the loss in the previous sale in 2008, managed a meagre Rs 9,407.64 crore (Rs 94.07 billion) in the auction that lasted barely two days.
He said while bringing in investments, it is also necessary to manage the high current account deficit.
To offset the impact of high import costs, the Planning Commission had said that Coal India Ltd should adopt a pooling formula on prices by combining rates of imported and domestic coal.
In the October-December quarter, India's economy grew below expectations at 4.7 per cent on falling output in the manufacturing sector.
Concerned over sluggish growth and poor investment climate, Assocham President Rajkumar Dhoot met Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday and demanded the controversial tax proposal GAAR be put in 'cold storage'.
Indian economy grew at a nine-year low rate of 5.3 per cent in January-March quarter in the last financial year and also in the last fiscal at 6.5 per cent.
The government is doing a lot to push growth but the impact of its efforts will be felt in the second half of the fiscal when the expansion rate will show some improvement, Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
A group of Muslim councillors left the Meerut Municipal Corporation House as soon as other members started singing Vande Mataram, following which a proposal to terminate their membership was passed.
The economy will turn the corner in the next six months as the deceleration of the past several quarters has been arrested, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Monday.
The Beijing station chief of the Research and Analysis Wing has been dismissed summarily in the wake of certain serious charges against him. Amreet Ahluwalia, the joint secretary level officer, was recently called back and served sacking orders under Article 311 (2), which permits such dismissal when the President is satisfied that in the interest of the security of the State, it is not expedient to hold such inquiry, sources said.
The price rise measured in terms of Wholesale Price Index rose for the second straight month, to 5.79 per cent in July, on account of double digit rise in prices of food articles, mainly vegetables, including onion.
Kajol's younger sister walked the ramp on Day 4 of Lakme Fashion Week. Hitesh Harisinghani captures all the drama on the ramp.
Terming the 5.5 per cent GDP growth as "good news", Planning Commission Deputy Chairman Montek Singh Ahluwalia today expressed confidence that economy would rebound in subsequent quarters.
Independent filmmaker Ashim Ahluwalia talks about his new film that has been selected to compete in Cannes this year.
Differing with International Monetary Fund's growth forecast of 4.9 per cent for India during 2012, Planning Commission Deputy Chairman Montek Singh Ahluwalia said it has a statistical problem.
Aditya Ahluwalia of Finstructor debunks the FAQs on the two popular post graduate finance certifications. He differentiates them by their career scope, skills required and more.
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