It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
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.
India has undermined its own credibility.
The government has only taken a pause and more measures will be announced in the days to come to help sectors hit by the coronavirus outbreak and also to make India 'Atmanirbhar Bharat', Minister of State for Finance Anurag Thakur said. Since the outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown and support growth, Thakur told PTI in an interview.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
Many things could play spoilsport for the Indian economy.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
The success of the government will depend substantially on the quality of its team of key ministers, officials and advisors
Control over PSU banks is what is allowing the government to drive this scheme.
He said while the previous UPA government hid the bad loans, his government has properly recognised them and brought tough laws to deal with defaults and recovery money.
Narendra Modi was both conciliatory and mocking towards the Opposition, particularly Congress, during his hour long reply to the debate on the motion of thanks to the President's address in the Upper House.
Swaraj emphasised that the UN must accept it needs fundamental reform.
'Whoever whispered in his ears that go for demonetisation, misled him completely' and the PM lacked the sagacity to know that it would not work, Yashwant Sinha tells Archis Mohan.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
The government has provided no official explanation behind the note ban that is backed by hard data, says Debashis Basu.
'The Covid situation is like demonetisation.' 'People were upset with the government initially, but eventually they voted for the BJP again.'
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
'Life will not improve overnight; it will happen in a gradual manner.'
The Union home ministry and the labour ministry have asked state governments to coordinate with the chief labour commissioner's (CLC's) office to give a comprehensive data of all the migrant workers by April 11.
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
'A drought is like a fire. It licks everything in its wake - crop, trees, animals, humans...' The plains of the Ganga in Bihar have a raw, unmatched, beauty, but also bear the anguish of its farmers.
'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'
The government is following a path where it will not be irresponsible or profligate with public money but will intervene in the interest of the poor
Finance Minister Arun Jaitley more than halved the central government's financial support.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
'Modi as chief minister did a superb job of rehabilitation after the Kutch earthquake of 2001. He can use that hard-earned expertise for the benefit of the people of Kashmir too -- but only if they let him do so,' says T V R Shenoy.
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
'After Vajpayee-Advani, Modi-Shah is the second best in India.'
Supreme Court allows more instruments to use the biometric card.
The Centre's programmes of maternity benefit and Child Protection Services also got a major boost in the Budget.
On display was India's military might and cultural diversity.
Swadeshi economist, columnist and chartered accountant S Gurumurthy speaks to Shobha Warrier about one year of Modi Sarkar.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
The Economic Survey was tabled in the Parliament on Friday.
Partial dismantling of subsidies, movement towards a more transparent policy on natural resources and moves to make India more inviting for foreign investors, are some of Modi government's big achievements.
