News for 'Department of Government Efficiency'

Corruption major stumbling block in progress: President

Corruption major stumbling block in progress: President

Rediff.com11 Feb 2014

Terming corruption as a "major stumbling block" in the country's progress, President Pranab Mukherjee on Tuesday asked the central vigilance commission to lead the way in cleansing the government.

Chennai witnessing one of the worst droughts in over 70 years

Chennai witnessing one of the worst droughts in over 70 years

Rediff.com7 Jun 2019

Lush agricultural lands have turned parch as groundwater levels deplete to new lows, and wells and water reservoirs go dry. While the administration points to deficient rainfall as a reason, experts and activists say the drought is mostly man-made.

Key changes the new Plan Panel must look into

Key changes the new Plan Panel must look into

Rediff.com30 Sep 2014

The ability and quality of implementation of development initiatives remains India's Achilles' heel.

US power: California has 3% of India's population, 125% of its GDP

US power: California has 3% of India's population, 125% of its GDP

Rediff.com27 Jun 2016

India's economy - ranked eighth in 2015 with a GDP of $2 trillion - is projected to climb past Brazil, the United Kingdom, France, Germany and Japan and become the world's third-largest in 2030 with a GDP of $7.3 trillion.

'The epidemic is receding in India'

'The epidemic is receding in India'

Rediff.com9 Feb 2021

'But we still have to be very careful.'

For cashless economy, govt wants to cap cash transactions at Rs 200,000

For cashless economy, govt wants to cap cash transactions at Rs 200,000

Rediff.com21 Mar 2017

Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.

Lufthansa's superjumbo A-380 to fly to Delhi

Lufthansa's superjumbo A-380 to fly to Delhi

Rediff.com1 Oct 2014

After Singapore Airlines and Emirates, Lufthansa on Wednesday announced the launch of flights of the superjumbo Airbus A-380 to India from New Delhi later this month.

'Differences with India on making Swiss bank a/c info public'

'Differences with India on making Swiss bank a/c info public'

Rediff.com28 Oct 2014

Noting that tax evasion is not a criminal offence in Switzerland, a senior Swiss official has acknowledged differences with India on what can be made public about Indians having unaccounted money parked in Swiss banks.

The good news is Parliament is running: PM

The good news is Parliament is running: PM

Rediff.com4 Dec 2015

The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.

Delhi babus go on mass leave; AAP govt sees 'conspiracy' to fail odd-even formula

Delhi babus go on mass leave; AAP govt sees 'conspiracy' to fail odd-even formula

Rediff.com31 Dec 2015

The Union home ministry termed the suspension as null and void.

'Budget is not the last word on PSU banks' recapitalisation'

'Budget is not the last word on PSU banks' recapitalisation'

Rediff.com1 Mar 2016

Arun Jaitley addressed a post-Budget press conference.

'We should get our hospitals ready for the second wave'

'We should get our hospitals ready for the second wave'

Rediff.com14 May 2020

'Strengthen hospital capacity, look after patients who need care, primarily ICU care...' 'Train doctors, get PPE, get ventilators, have treatment protocols in place.'

Of Gaurakshaks and data privacy

Of Gaurakshaks and data privacy

Rediff.com12 Oct 2018

What if the digital records of a food delivery service are leaked? What if a tech-savvy gaurakshak scans those records and discovers who the beef-eaters are? What happens next? Devangshu Datta highlights the risks posed by leaks of digital databases.

How are 'minorities' allowed tax benefits under HUF?

How are 'minorities' allowed tax benefits under HUF?

Rediff.com3 Jan 2017

Should the Income-Tax Act have been simultaneously amended to exclude Sikhs and Jains from the definition of HUF once they were declared a minority by the government? Sanjeev Nayyar discusses the curious dichotomies in our laws.

Odisha, Karnataka are top states with stalled projects

Odisha, Karnataka are top states with stalled projects

Rediff.com18 Aug 2014

Some 74 projects from Odisha and another 51 projects from Chhattisgarh have lined up before the Project Monitoring Group.

PM assures public sector banks of zero interference

PM assures public sector banks of zero interference

Rediff.com4 Jan 2015

At the retreat, PSBs had suggested the government cut its stake in these entities to less than 51 per cent over a period of time and empower the boards of individual banks.

'Railways were facing severe challenges'

'Railways were facing severe challenges'

Rediff.com26 Feb 2016

'The core sectors have not done very well in the past one year.'

How to make tax officers more accountable

How to make tax officers more accountable

Rediff.com7 Dec 2015

Change in performance appraisal system will deter corruption and motivate officers to pass correct orders.

Hard times for babus, as Modi stops 1st class travel

Hard times for babus, as Modi stops 1st class travel

Rediff.com30 Oct 2014

Ban on purchase of vehicles, except for defence, continues.

What I learnt from fighting COVID-19

What I learnt from fighting COVID-19

Rediff.com24 Aug 2020

'The genetic thing is not in your control. The virulence is not known.' 'The only thing is if you can avoid it.' 'Once you get COVID-19, none of it is in your control.'

GST: Did we just miss the biggest opportunity?

GST: Did we just miss the biggest opportunity?

Rediff.com13 Dec 2018

With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.

'Politicians want authority without responsibility'

'Politicians want authority without responsibility'

Rediff.com5 Nov 2013

Security of tenure is important for a bureaucrat to work efficiently. There has to be some rationale behind posting a bureaucrat to a particular department, says former cabinet secretary T S R Subramanian

Govt to borrow Rs 2.35 lakh cr in second half of this fiscal

Govt to borrow Rs 2.35 lakh cr in second half of this fiscal

Rediff.com23 Sep 2013

In the first half of the fiscal year, government had borrowed Rs 3.44 lakh crore.

Biggest challenge facing India's financial sector

Biggest challenge facing India's financial sector

Rediff.com6 Feb 2018

The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system

Why some things work in India, and some don't

Why some things work in India, and some don't

Rediff.com24 Jul 2017

'The two-word answer is: Proper oversight,' says T N Ninan.

The A to Z of 2020

The A to Z of 2020

Rediff.com31 Dec 2020

We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.

RBI guv draws new line in sand, seeks flexible rate cuts

RBI guv draws new line in sand, seeks flexible rate cuts

Rediff.com14 Apr 2019

Shaktikanta Das said in Washington, DC, that there was nothing sacrosanct about the 25 bps rate cut and that monetary policy could be well served by calibrating the size of the policy rate to the dynamics of the situation, and the size of the change itself could convey the stance of policy.

10 ways the Price Waterhouse fallout changed auditing in India

10 ways the Price Waterhouse fallout changed auditing in India

Rediff.com10 Apr 2015

PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.

UK govt ready to acquire 25% stake in Tata Steel plants

UK govt ready to acquire 25% stake in Tata Steel plants

Rediff.com21 Apr 2016

Besides a minority stake, the UK and Welsh governments are considering additional grant funding

Risks that PSU lenders will face from payments banks

Risks that PSU lenders will face from payments banks

Rediff.com20 Aug 2015

On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".

'Modicare' likely to be launched on Aug 15 or Oct 2, to cost Rs 12,000cr pa

'Modicare' likely to be launched on Aug 15 or Oct 2, to cost Rs 12,000cr pa

Rediff.com2 Feb 2018

All the poor people identified by the Socio Economic and Caste Census 2011 will be eligible for the scheme, officials said, adding that it will be linked to Aadhar but will not be a mandatory condition for availing the benefit.

Govt to repeal 36 archaic laws following Modi's directive

Govt to repeal 36 archaic laws following Modi's directive

Rediff.com8 Aug 2014

Law Minister Ravishankar Prasad tells Rediff.com that the government have decided to repeal 36 obsolete laws immediately, but many more will be added to this list in the coming months. The minister also informs that this exercise was undertaken on the instructions of Prime Minister Narendra Modi who had flagged the issue soon after he took charge. Rediff.com contributor Anita Katyal reports.

China links Tibet and Nepal with new road and rail routes

China links Tibet and Nepal with new road and rail routes

Rediff.com10 Dec 2016

The new rail and road cargo service launched on Friday, linking Guangdong, Tibet and Nepal, aims to boost trade with the South Asian neighbour as China pushes forward its Belt and Road (Silk Road) initiative, state-run Xinhua news agency reported on Saturday.

Govt's economic measure to push growth up to 8%: Prez

Govt's economic measure to push growth up to 8%: Prez

Rediff.com5 Nov 2014

The President noted that the green shoots of recovery were already visible, with the economy growing at 5.7 per cent during the first quarter of current fiscal.

E-passports to be introduced by next year

E-passports to be introduced by next year

Rediff.com7 Feb 2014

The e-passport will replace the existing passport document with a plastic card embedded with an electronic chip containing all the details.

Why the neglect of exports must end soon

Why the neglect of exports must end soon

Rediff.com31 Aug 2017

It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.

Praying with Fire in Kerala

Praying with Fire in Kerala

Rediff.com11 Apr 2016

'Reluctance to go against temple rituals is understandable and the Hindu vote bank is extremely important at the ensuing elections.' 'But even the devout Hindus will not hold it against the government if the opportunity presented by the tragedy is utilised at least for a temporary ban.' 'Later, it may be too late as it might dawn on people that a hundred lives are not too much of a sacrifice to save a tradition,' says Ambassador T P Sreenivasan.

Analysts welcome Rail Budget, but frown at missing details

Analysts welcome Rail Budget, but frown at missing details

Rediff.com9 Jul 2014

It is a Budget 'high on promises but low on design,' the agency said.

'Rahul Gandhi losing the perception battle, needs a media advisor'

'Rahul Gandhi losing the perception battle, needs a media advisor'

Rediff.com24 Jan 2014

Under constant attack from the press, Congress vice-president Rahul Gandhi is being counselled by his well-wishers to appoint a personal media advisor to shore up his image in the run-up to the coming Lok Sabha elections.

RCom pays Rs 5,384 cr as spectrum liberalisation fee to DoT

RCom pays Rs 5,384 cr as spectrum liberalisation fee to DoT

Rediff.com20 Jan 2016

Spectrum trading will happen in 9 circles.