It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates.
Congress President Sonia Gandhi is learnt to have slowed down her activities over the last few weeks, say highly placed sources in the party.
Defence minister claims MoD 'alive and kicking' after 'getting the weeds out'.
Government hits back, tells rating agency to introspect on processes.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.
Vikram Kothari took a loan of Rs 485 crore from Mumbai-based Union Bank of India and a loan of Rs 352 crore from Kolkata-based Allahabad Bank. A year later, Kothari has reportedly not paid back either the interest or the loan.
Doubts over implementation of a Cabinet-approved strategic sale policy are puzzling.
General T N Raina was an iconic Indian military leader whose contributions to the nation should be more widely known, notes Lieutenant General Syed Ata Hasnain (retd).
FIFA's executive committee has unanimously agreed to publish an 'appropriate' version of a report into the bidding process for the 2018/2022 World Cups but said Russia and Qatar would still stage the tournaments.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
'Did the government learn any lesson from the disasters of 2008, 1987, 1975?' 'Certainly not!' 'They are making people believe that the 2017 flood was unexpected, so no preventive effort towards reducing the loss of human lives was to be expected from the government,' says Mohammad Sajjad.
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
'If we are terrorists and Pakistanis and Khalistanis, why did your home minister talk to our core committee leaders?'
More than 50 students supported the cause by participating in this fest late on Sunday night. Earlier on May 27, Students' Federation of India staged similar protest in Kerala by eating beef outside University College, Trivandrum.
'Somewhere along the way, elected office-bearers appeared to have lost sight of the interest of cricket and begun to pursue their own interpretation of what the game should be.' 'Families made it a tradition to have their representatives occupy, if not usurp, positions in state associations,' points out Vinod Rai, who will step down as head of the BCCI's Committee of Administrators on Wednesday, October 23.
When Nitin Gadkari was president of the Bharatiya Janata Party, the party had announced it would set up a separate ministry for handlooms and handicraft. Instead of doing that, the BJP government has abolished the only institution that took into account the voice of the weavers.
The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it.
The Shiv Sena has spurned Congress' request to participate in the bandh.
The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
Backloading the government's borrowing programme suggests the finance ministry's confidence in better revenue numbers, says A K Bhattacharya.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
'It would indeed be difficult for someone from outside the Gandhi family to run the party'
Rajan said it is hard to offer an objective self-assessment but the RBI should probably have raised more flags about the quality of lending in the early days of banking exuberance.
Parliamentary Standing Committee on Human Resource Development headed by Satyanarayan Jatiya has slammed SAI for not roping in sportspersons even 20 years after being asked for restructuring of the "unwieldy and monolithic bureaucratic organisation
'Not one single, but multiple trials are there to quote. However, these will be published as scientific manuscripts.' 'This includes integrative as well as standalone approaches in Covid mitigation.'
The Human Rights Law Network -- a group of committed lawyers, paralegals and social activists -- is making justice accessible to people who can't defend themselves.
'If more than 60 commissioner-level tax officials were compulsorily retired in the span of a few months, surely the malaise is far deeper,' notes A K Bhattacharya.
While some say an agreement was reached over the Panama Papers, others suggest that Nawaz Sharif may have handed the CPEC to the military in exchange for his survival.
'Once our voices are crushed, they can bring in an agenda of privatisation.'
The Centre on Saturday issued fresh guidelines relaxing the nationwide lockdown, the fourth phase of which ends on May 31.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
'Tibetans will participate in future conflicts with India (in all probability, some were already present in Galwan).' 'As nobody in India would like to have a deadly fight with Tibetan soldiers and officers, the issue needs to be closely followed,' observes Claude Arpi.
Shah made the announcement at a public meeting, putting to rest speculation over the party's choice for the top post.
Intermediaries, TPAs will also benefit, but investments will be under 26% FDI cap
The cash transactions have been stopped at the branches belonging to the Jammu and Kashmir Bank and Ellaquai Dehati Bank.
The Covid pandemic has left a question mark on how the central government manages its staff.
Trump had said that North Korea changed its approach towards the summit after Kim had his second meeting with President Xi Jinping in China.
BMS, BKS and SJM are trying to forge common cause with outfits on the other side of the ideological divide over the government's policies they are not in agreement with.