The allocation in the defence budget is inadequate to meet India's long-term threats, especially from China and Pakistan, says Gurmeet Kanwal.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
'Will the Statue of Unity and Tent City Narmada have as much of a transformational effect on the local economy as the salt desert/Tent City Dhordo did is something that only time can tell,' says Sanjeev Nayyar.
'This is a long haul, god knows where it will end.' 'So it is best to conserve all the funds right now for fighting the COVID-19 pandemic.'
Like China, India needs to encourage 'hacker clubs' in view of the challenges of virtual terrorism, says Lieutenant General Prakash Katoch (retd)
'Some of the policies NITI Aayog has taken, we feel lean towards the corporates.' 'In a democracy, when you are making a policy decision, you are expected to take the views of all the stakeholders.'
India loses 333 acres of prime forest every day. Instead of working to conserve India's forests and water resources, the environment minister has set up a committee to 'dismantle' the five key laws that provide environmental protection.
Considering the huge stakes, the Modi government is not averse to make more diplomatic efforts to see whatever it can salvage.
Sectors throw up a wishlist for the Finance Minister.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
Hoping against hope, Chief Minister Vijay Bahuguna on Monday refused to declare as dead the 5,748 persons missing after the June 16 calamity in Uttarakhand, saying the mission to find them will not be given up.
On Wednesday, opposition leaders boycotted Modi's latest attempt to build consensus around the issue.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
'We have been found seriously wanting in addressing our undersea warfare capability and China's emergence is a cause for concern.'
'We are in touch independently with leading players, and they are denying it as well.' 'The Indian digital footprint is rising, creating new opportunities.'
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
A divided house until recently, Congress is putting up a spirited campaign to checkmate BJP in its erstwhile stronghold of Naxal-dominated Bastar region of Chhattisgarh where the ruling party hopes to cash on its developmental agenda coupled with Chief Minister Raman Singh's clean image in the Assembly elections.
However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana.
Formidable challenges including funds for the farm loan-waiver, and law and order stare him at his face, with the opposition claiming the misses have outnumbered the hits.
Real estate biggies expcet single window clearance for upcoming projects.
It is possible that the final Budget architecture may be at variance with the comments.
'China's actions at the NSG will certainly taint India-China bilateral relations and enhance suspicion of China's intentions. A fresh clear-eyed and objective evaluation of the India-China relationship is necessary, especially as India tries to correct adversely balanced bilateral economic ties and the two countries engage over the long-term,' says Jayadeva Ranade.
'Islamic State has declared that the liberation of Islamic Xinjiang from China is an objective. Beijing may well find that Pakistan is unable to assist in any meaningful way,' says China expert Jayadeva Ranade.
If receipts from disinvestment, tax buoyancy and black money scheme offset shortfall in spectrum sale, higher expenditure due to pay commission's recommendations and capital expenditure, then the government would be able to meet the target of controlling fiscal deficit at 3.5 per cent of GDP this financial year.
'Other countries go out on a limb to save even a single life.' 'What to talk of civilian accidents and disasters, even our military does not have a priority for Combat Search and Rescue,' says Group Captain P I Muralidharan (retd).
With months to go for the Karnataka assembly elections, the man in the hot seat, Chief Minister Siddaramaiah says he'll make billionaire jeweller Nirav Modi and the Punjab National Bank scam an issue in the upcoming Karnataka elections . In an interview to CNN-News18's Deepa Balakrishnan, the CM also says that Hindutva is not a campaign issue in the state.
Modi is optimistic that the reforms will be passed soon.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
We present Prime Minister Manmohan Singh's full speech as he addressed the country on the occasion of 66th Independence Day, from Red Fort, Delhi.
Irked by India's status as the world's biggest arms importer, Modi wants to build an advanced defence industry
Following is the full text of Congress vice-president Rahul Gandhi's speech at FICCI's 86th annual general meeting on Saturday:
Dabhol's assets will be demerged into the power plant and the LNG terminal.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
By revising the India-Bangladesh land boundary agreement, the NDA is going for short-term gains and losing the long-term perspective, says Gautam Sen.
'Intrusions by PLA troops in the Ladakh sector are more in number than elsewhere and this region is now likely to remain an area of enhanced Chinese interest,' warns China expert Jayadeva Ranade.
'If a major earthquake of the kind that hit Nepal hits us in Delhi, 35 per cent of our homes would be destroyed.'
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
A glance back at some of the important ups and down Indian Inc faced in 2018.