The finance ministry is seeking to speed up deals with outside investors.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
A glance back at some important events that occurred in 2018.
The Supreme Court on Thursday termed as a "serious issue" a plea seeking initiation of removal process of former Chief Justice of India K G Balakrishnan from the post of National Human Rights Commission chairman for his alleged "misbehaviour" and purchase of benami properties.
Months before 8/11, MP, Haryana probed note ban
The new tax regime proposed by the Modi government may not have acceptance from all corners.
Centre releases Rs1,712cr to TN, Rs 1,234cr to Karnataka for drought.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Indian economy about to take-off
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
Sanjay Jalona, CEO & MD of LTI says the push would be to increase digital business and look at outcomes in projects for customers.
The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
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