'Obviously, MSP hike raises chances of a reduction in exports. Even without an MSP hike, India's exports of a number of agri-commodities, like sugar, were unviable in the overseas markets.'
The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.
The NDA leadership is set to meet on Wednesday to discuss a Parliament floor strategy for what is expected to be a difficult winter session for the government.
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
She resigned soon after her husband and SAD president Sukhbir Singh Badal strongly opposed the bills in Lok Sabha on Thursday night, claiming these proposed legislations will "destroy" the agriculture sector in Punjab, and announced that Harsimrat Kaur Badal will quit the government in protest against these three bills.
With the talks between the Centre and the agitating farmer unions stalled since January, Agriculture Minister Narendra Singh Tomar on Wednesday expressed readiness to resume the dialogue to resolve their objections to the three new agri laws, but the unions remained adamant on their demands for a repeal of the legislations and a legal guarantee on the minimum support price.
Stepping up protest against the Centre's paddy procurement policy, Telangana Chief Minister K Chandrashekar Rao on Monday led a dharna in the national capital organised by his party, and warned the Modi government to respond within 24 hours if it will buy the grain from the state.
The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
As against an annual average growth of 10-11 per cent envisaged for the industry during the period, the actual annual average growth stood at 7.2 per cent during the plan period.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
A report card titled '10 Years of Progress and Growth' highlighting achievements of the government led by Prime Minister Manmohan Singh on Friday said 'average GDP growth rate during the period of UPA government (2004-05 to 2013-14) has been 7.7 per cent despite two global slowdown in this period'.
The second-quarter GDP numbers are scheduled to be announced on Friday.
The Samyukt Kisan Morcha (SKM), an umbrella body of the agitating unions, is meeting on Sunday to decide on the next course of action, including on the MSP issue and the proposed daily tractor march to Parliament during the upcoming Winter Session, SKM core committee member Darshan Pal said.
Sectoral players feel addition of rooms could hit earnings.
The BrahMos systems for the two ships are estimated to cost Rs 25 billion, making it the world's most expensive anti-ship missile.
'It was Parrikar's sharp insights into finance and international systems that stood out when India --at his suggestion -- decided to procure the Rafale combat jets from France.'
A new Congress leader may make an electoral impact by his very presence. Congress voters who had moved away from the party, after being influenced by the BJP's 'family rule' campaign, can now return with a certain moral satisfaction, observes N Sathiya Moorthy.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
The Congress has launched an offensive against the Bharatiya Janata Party government over the Rafale deal, alleging corruption and violation of rules by Prime Minister Narendra Modi and demanded answers from him.
Rajya Sabha took up the discussion on The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill that have already been passed by Lok Sabha.
Another bill related to the farm sector, the Essential Commodities (Amendment) Bill, was passed on Tuesday.
The Lakhimpur Kheri violence, in which four farmers were killed, is "absolutely condemnable," Finance Minister Nirmala Sitharaman has said, emphasising that there are issues of such nature happening in other parts of India equally which should be raised "when they happen and not when it suits others" because there is a Bharatiya Janata Party government in Uttar Pradesh.
The government is looking into the complaints about the procedure to determine the winner of the multi-billion dollar combat aircraft deal, Defence Minister A K Antony said on Thursday while admitting that there was no money to sign such a big deal in this fiscal.
A day after a group of Congress MLAs met Sachin Pilot, another party legislator on Friday expressed support for the dissident leader as trouble brewed again in Rajasthan's ruling party.
The panel has been asked to analyse the cash flows and the profitability of all three groups of companies so as to get a clear picture of the changes taking place in their operating positions, particularly the impact on access to credit and cash availability of their operations. It would also revisit the concept of 'under recoveries' and examine the reported deficit and the real deficit faced by oil marketing companies as a result of price constraints imposed on them.
SAD chief Sukhbir Singh Badal announced the decision to snap ties with the NDA on Saturday night, amid stepped up agitation by farmers in Punjab over the three legislations which were recently passed by Parliament amid Opposition protests.
Here is an explainer and a timeline relating to India's purchase of 36 combat jets.
"Here, you have to answer to the country. You are not to make accusations here...," he said.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
'Why did government not include a provision in the bills which categorically stated that no crop will be sold below the MSP in the open market?'
Foreign Secretary Vijay Gokhale summoned Pakistan High Commissioner to India Sohail Mahmood to his South Block office and issued a very strong demarche .
The present monthly inflation measurement system, based on the wholesale price index, reflects the price variations of 435 items.
Punjab's 117 assembly seats are going to be a keenly-watched contest with the Congress, the AAP, the SAD-BSP alliance, and the BJP-PLC-SAD (Sanyukt) battling to form the government in the state, with a probable entry of farmers' front in the form of Sanyukt Samaj Morcha.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
The Joint Parliamentary Committee to probe the 2G spectrum issue will look into the allocation and pricing of telecom licences and spectrum from 1998 to 2009.
RIL may go to arbitration which may lead to further delay in production and extra cost associated with the arbitration.
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
The govt said Rs 30,729 crore was required for waiving loans of small and marginal farmers.
Delivery of a great operational machine must not get affected to settle political scores, says Air Marshal Anil Chopra (retd).
