News for 'Department for Economic Development'

Why Amit Mitra is important to Mamata

Why Amit Mitra is important to Mamata

Rediff.com27 Nov 2021

No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.

LIC valuation delay may push IPO plan beyond FY22

LIC valuation delay may push IPO plan beyond FY22

Rediff.com19 Dec 2021

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete. There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said. Even after the valuation, there are several regulatory processes that have concluded, the official said.

Omicron surge: South Africa approves Pfizer's booster shot

Omicron surge: South Africa approves Pfizer's booster shot

Rediff.com9 Dec 2021

The South African Health Products Authority (SAHPRA) on Wednesday approved the use of Pfizer's Comirnaty COVID-19 vaccine after BioNTech and Pfizer announced that two doses of their vaccine may not be enough to protect against the Omicron variant.

Modi says India is mother of all democracies, flays populism politics

Modi says India is mother of all democracies, flays populism politics

Rediff.com12 Jul 2022

He recalled that the state was home to Vaishali, said to be the oldest republic in the world.

Ex-IAS Rajiv Aggarwal succeeds Ankhi Das as FB India policy head

Ex-IAS Rajiv Aggarwal succeeds Ankhi Das as FB India policy head

Rediff.com20 Sep 2021

Aggarwal, in this role, will define and lead important policy development initiatives for Facebook in India on an agenda that covers user safety, data protection and privacy, inclusion and internet governance, a statement said.

Monsoon Session: 14 bills ready to be tabled, govt promises discussion

Monsoon Session: 14 bills ready to be tabled, govt promises discussion

Rediff.com17 Jul 2022

After an all-party meeting in New Delhi, Parliamentary Affairs Minister Pralhad Joshi also said that some of these 32 bills have already been discussed by standing committees of Parliament.

Modi meets Suu Kyi, Vietnamese PM; discusses bilateral, regional issues

Modi meets Suu Kyi, Vietnamese PM; discusses bilateral, regional issues

Rediff.com25 Jan 2018

The PM held bilateral meetings with three ASEAN leaders, including his Vietnamese counterpart Nguyen Xuan Phuc and Myanmar's State Counsellor Aung San Suu Kyi, and discussed key bilateral and regional issues.

The growing tussle between the govt and CAG

The growing tussle between the govt and CAG

Rediff.com22 May 2022

In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.

Meet Asha, the robotic nurse

Meet Asha, the robotic nurse

Rediff.com17 Dec 2020

'Imagine taking care of a patient who is infected with Covid. A human nurse is unable to do that due to fear of infection. The robot can do that task, while it is controlled or supervised by the human nurse. So the robot becomes an extension of the nurse.'

'Government is doing the right thing'

'Government is doing the right thing'

Rediff.com27 Jul 2022

'It is building the country's infrastructure, and delivering it very efficiently.'

IMF to revisit growth forecast for India due to surge in COVID-19 cases

IMF to revisit growth forecast for India due to surge in COVID-19 cases

Rediff.com6 May 2021

The International Monetary Fund (IMF) said on Thursday that a multilateral response is critical to overcome the COVID-19 pandemic in India and globally as it hailed recent announcements by several countries to provide immediate support to India. India is struggling with a second wave of the pandemic with more than 300,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.

Tejashwi meets Sonia, Left in Delhi, says Bihar model to go all-India

Tejashwi meets Sonia, Left in Delhi, says Bihar model to go all-India

Rediff.com12 Aug 2022

Yadav said all parties have joined hands against the BJP in the Bihar assembly, and added "now this is going to be replicated across the whole country".

Why Did TN Governor Omit Dr Ambedkar's Name?

Why Did TN Governor Omit Dr Ambedkar's Name?

Rediff.com10 Jan 2023

According to state government sources, not only did the governor insert some corrections, but he also initialled the final draft after those corrections had been made, reveals N Sathiya Moorthy.

Disquiet in Sri Lanka over maritime pact with India, govt tries to firefight

Disquiet in Sri Lanka over maritime pact with India, govt tries to firefight

Rediff.com30 Mar 2022

The Sri Lankan government has asserted that the recently signed maritime security pacts with India will "neither result in hindrance nor threat" to the island nation's security as "misinterpreted" by several media outlets in this country.

'The epidemic is receding in India'

'The epidemic is receding in India'

Rediff.com9 Feb 2021

'But we still have to be very careful.'

Bureaucratic rejig at Centre: New secys appointed

Bureaucratic rejig at Centre: New secys appointed

Rediff.com13 Dec 2019

The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.

Portfolios allocated to ministers in Rajasthan; Gehlot keeps 9, Pilot 5

Portfolios allocated to ministers in Rajasthan; Gehlot keeps 9, Pilot 5

Rediff.com27 Dec 2018

Apart from the chief minister and deputy chief minister, 13 cabinet and 10 ministers of state were allocated portfolios.

After Mehta, Arvind Subramanian also resigns from Ashoka University

After Mehta, Arvind Subramanian also resigns from Ashoka University

Rediff.com18 Mar 2021

Two days after political commentator Pratap Bhanu Mehta resigned as a professor from the Ashoka University, his colleague, economist Arvind Subramanian, put in his papers on Thursday and faculty members wrote to the vice chancellor expressing their deep anguish.

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Rediff.com14 Mar 2022

According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.

'Don't Expect US Help In A War With China'

'Don't Expect US Help In A War With China'

Rediff.com20 May 2022

'The US will not want to tangle with China landwards.' 'Nor will the US confront the Chinese navy seawards on India's account.'

Cabinet okays private participation in space sector

Cabinet okays private participation in space sector

Rediff.com24 Jun 2020

The Union Cabinet on Wednesday approved the participation of the private sector in the entire range of space activities, including planetary exploration missions, Union minister Jitendra Singh said. The newly-created Indian National Space Promotion and Authorisation Centre (IN-SPACe) will provide a level playing field for private companies to use Indian space infrastructure, Singh, who is the minister of state in the Prime Minister's Office, said.

'Indiawallah' to be prestigious Wadhwani Chair

'Indiawallah' to be prestigious Wadhwani Chair

Rediff.com23 Jan 2014

'In the time I have been an Indiawallah, I have seen three US Presidential visits to India, nuclear sanctions, nuclear cooperation, a border conflict with Pakistan, the growth of IT services, a government losing a confidence vote, and so much more,' Rick Rossow, the new Wadhwani Chair in US-India Policy Studies tells Rediff.com's Aziz Haniffa.

Revealed: How PM Planned Demonetisation

Revealed: How PM Planned Demonetisation

Rediff.com8 Nov 2022

November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.

'We may lose a rupee now, but we will gain more later'

'We may lose a rupee now, but we will gain more later'

Rediff.com8 Sep 2021

'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'

Modi reconstitutes Niti Aayog; Shah ex-officio member

Modi reconstitutes Niti Aayog; Shah ex-officio member

Rediff.com6 Jun 2019

Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.

Covid impact: Govt not to print Budget documents this year

Covid impact: Govt not to print Budget documents this year

Rediff.com11 Jan 2021

This will be the first time since the presentation of independent India's first budget on November 26, 1947, that the documents containing income and expenditure statement of the Union government along with finance bill, detailing new tax and other measures for the new financial year, will not be physically printed.

The Two Faces of India's Democracy

The Two Faces of India's Democracy

Rediff.com22 Sep 2022

How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

Lessons from Uttarakhand: When 'development' is destruction

Lessons from Uttarakhand: When 'development' is destruction

Rediff.com28 Jun 2013

To avert another Uttarakhand-type catastrophe, we must change course. We should stop pandering to the Indian elite's insatiable appetite for electricity, which is driving reckless dam construction, says Praful Bidwai

Modi must oversee India's trade policy

Modi must oversee India's trade policy

Rediff.com22 Nov 2019

India needs a National Trade Policy Council, chaired by a minister who reports directly to the PM, says Jayanta Roy, former economic advisor to the Union commerce ministry.

Must we choose between democracy and vikas?

Must we choose between democracy and vikas?

Rediff.com12 Apr 2018

'A dangerous and false binary is now surfacing in Indian political discourse, which must be firmly rejected.' 'It is that we have to choose between freedom and development.' 'For us freedom is neither merely an instrument for development nor to be subordinated to development.' 'It is, as our founding fathers proclaimed early in our freedom struggle, 'our birthright' on which we shall never compromise.' 'Growth, wealth and development are fruits of democracy, not substitutes.' Dr Manmohan Singh's thoughts on democracy: A Must Read!

3.2 million Indians may have died from Covid: Study

3.2 million Indians may have died from Covid: Study

Rediff.com7 Jan 2022

About 3.2 million people could have died from Covid in India by September last year, six-seven times higher than reported officially, according to a study based on one independent and two government data sources.

Heat wave hurting farmers' income as yields drop across several crops

Heat wave hurting farmers' income as yields drop across several crops

Rediff.com11 May 2022

Santosh Patkar of Devgadh Taluka Sindhudurg district of Maharashtra is a worried man these days. Devgadh, which is known as the home to world famous Alphonso variety of mangoes, has seen an unusual drop in yields which is affecting farmers' income. Being one of the primary agricultural produce from the area, Santosh is not untouched by this somewhat rare phenomenon. He said in his own mango garden, yields have come down by a third from most trees.

FDI inflows seen to grow further in the New Year

FDI inflows seen to grow further in the New Year

Rediff.com21 Dec 2021

A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Rediff.com12 Sep 2021

"Had corona (COVID-19) not been there, the prime minister would have dedicated NATGRID to the country. I am hopeful that the prime minister will dedicate NATGRID to the country in some time," Union home minister Amit Shah said during the 51st Foundation Day event of the Bureau of Police Research and Development (BPRD) here on September 4.

Modi's 5-year vision: What's it all about

Modi's 5-year vision: What's it all about

Rediff.com13 Jan 2020

Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.

NEW! Generals involved in national security talks

NEW! Generals involved in national security talks

Rediff.com26 Oct 2020

The future can only get better if we continue to break silos and work as integrated teams focussed on promoting national interests, recommends Sanjeev Nayyar.

Why India's healthcare system is near collapse today

Why India's healthcare system is near collapse today

Rediff.com10 May 2021

Shortage of ICU beds, oxygen, ventilators, vaccines, doctors, nurses and crematorium space in India has dominated headlines around the world in the past few weeks with Covid-19 cases surging beyond control and the government failing to deliver. Yes, election rallies, Kumbh Mela, blatant flouting of social distancing and mask protocols coupled with a messy vaccination process are said to be responsible for the health crisis of colossal proportions that India is facing today. But an analysis of Budget speeches made by finance ministers over 75 years also offers a glimpse of how low on the priority list healthcare has featured for the political class and policy-makers, which is a significant reason for the current situation.

China perceives rising India as 'rival'; wants to constraint its partnership with US, allies: Report

China perceives rising India as 'rival'; wants to constraint its partnership with US, allies: Report

Rediff.com19 Nov 2020

Coming ahead of the transition of power from Donald Trump's administration to President-elect Joe Biden's administration after the November 3 US presidential election, the detailed policy document highlights that China is undermining the security, autonomy and economic interests of many nations in the region.

India Is Beating China At Its Own Game

India Is Beating China At Its Own Game

Rediff.com21 Dec 2021

Whether it is Sri Lanka, Maldives, or Nepal, quietly but steadily, India has been reclaiming some of the ground it had lost to China, observes Aditi Phadnis.