'Prime Minister Modi stated several times that we shall not let this challenge go away without converting it into an opportunity to undertake systemic reforms.' 'And hasn't that been reiterated in action?'
Jaitley said the Congress may be upset with the government for 'political reasons'
Opposition leaders urged Modi to use the opportunity for the country's benefit.
Empowered in the Modi government, junior ministers have enough on their plate.
An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails
On Sunday, Prime Minister Narendra Modi expanded his Cabinet and inducted 21 new ministers. Of these, 4 - Manohar Parrikar, JP Nadda, Suresh Prabhu and Birender Singh were appointed as Cabinet ministers. Other than this, Modi has inducted 17 other ministers of state. Here's a quick look at them:
The government on Wednesday decided not to hold special session of Parliament to pass the constitution amendment bill for rolling out Goods and Services Tax and will recommend to the President to prorogue the Monsoon Session.
Cities are setting the rules that now carry life and death implications for their residents, and most of these rules are sought to be set by the municipal authorities who have never wielded such power, reports Subhomoy Bhattacharjee.
A GST roll-out by April 1 looks difficult, giving the companies some succour.
There is much work to be done to design a good GST.
The Centre and states are likely to settle for this threshold.
The meeting was attended by Home Minister Rajnath Singh, Finance Minister Arun Jaitley and chief ministers with the exception of West Bengal Chief Minister Mamata Banerjee and J&K Chief Minister Omar Abdullah.
Fiscal federalism should not be sacrificed at the altar of GST.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.
The GST will alter the very face of fiscal federalism in India.
'The AMs are a different beast and reflect the political play within the government.' 'Prime Minister Modi does not need to assuage any interest group to take the final call on any decision that belongs rightfully to the Cabinet,' points out Subhomoy Bhattacharjee.
Experts share their views on the steps that will help businesses become GST-ready.
'What matters is meeting the needs and expectations of the people who have voted to provide governance for the country.'
A moderate GST rate obviates the need for the two-rate structure.
'Somewhere in the midst of the three milestones of 1881, 1984 and 1999 are the clues that provide the answer to the troubling corrosion of Karnataka politics: The disappearance of values, the criminalisation of politics, and the complete collapse of ideology,' says Krishna Prasad, former editor-in-chief, Outlook.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
'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.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
'There is tension between the zones all the time.'
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
'Pakistan's capacity to carry a normal relationship with India doesn't exist.' 'The relationship with Pakistan is less important than several others.'
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.