News for 'Estimates Committee'

Why govt's employment data is not reliable

Why govt's employment data is not reliable

Rediff.com30 Oct 2018

Concerned with the continuous downward revision, the EPFO has since last month begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll.

GDP growth overestimated by 2.5%: Arvind Subramanian

GDP growth overestimated by 2.5%: Arvind Subramanian

Rediff.com11 Jun 2019

India's gross domestic product product (GDP) growth rate between 2011-12 and 2016-17 should be about 4.5 per cent instead of the official estimate of close to 7 per cent, he said in a research paper published at Harvard University. "The Indian policy automobile has been navigated with a faulty, possibly broken, speedometer," he says in the paper.

Indian pharma firms working on new repurposed drug for Covid-19

Indian pharma firms working on new repurposed drug for Covid-19

Rediff.com2 Sep 2020

Many companies globally are working on plasma research to develop and manufacture hyperimmune globulin therapies from plasma donations.

Tokyo bans Olympic spectators amid COVID-19 emergency

Tokyo bans Olympic spectators amid COVID-19 emergency

Rediff.com8 Jul 2021

The Olympics will take place without spectators in host city Tokyo, organisers said on Thursday, as a resurgent coronavirus forced Japan to declare a state of emergency in the capital that will run throughout the event.

Will rebuild vandalised Hindu temple: Khyber-Pakhtunkhwa CM

Will rebuild vandalised Hindu temple: Khyber-Pakhtunkhwa CM

Rediff.com1 Jan 2021

Addressing a health card distribution ceremony in Peshawar, Chief Minister Khan said the government has issued orders to rebuild the temple. The attack on the temple in Terri village in Khyber Pakhtunkhwa's (KP) Karak district on Wednesday drew strong condemnation from human rights activists and the minority Hindu community leaders.

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Rediff.com7 Apr 2021

The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Rediff.com21 Aug 2018

The payroll data has been revised downwards for each of the nine months between September 2017 and May this year

Govt 'failure' left millions of migrants hungry during lockdown

Govt 'failure' left millions of migrants hungry during lockdown

Rediff.com26 Aug 2020

Only two in every five migrants said they received ration or cooked food from the administration either daily or at times.

Karnataka: Pay hikes due in 2017, unions get restless

Karnataka: Pay hikes due in 2017, unions get restless

Rediff.com8 Jul 2016

State employees in Karnataka will have to wait longer for wage hike.

Yamuna damage report 'unscientific and illogical': Sri Sri's AOL

Yamuna damage report 'unscientific and illogical': Sri Sri's AOL

Rediff.com19 Aug 2016

Demanding a fresh probe by an "unbiased" panel, AOL lawyer Kedar Desai and environment expert Prabhakar Rao told a press conference in Noida that "no damage" was caused to the environment due to the event held in March.

'Members who quit NSC didn't express reservations during meetings'

'Members who quit NSC didn't express reservations during meetings'

Rediff.com30 Jan 2019

The statement comes in the wake of two independent members of the NSC, P C Mohanan and J V Meenakshi, quitting the Commission over disagreements with the government on the back-series GDP data and delay in release of labour force survey. Mohanan was also the acting chairperson of the Commission.

Sensex ends 163 pts higher after RBI policy; financial stocks rally

Sensex ends 163 pts higher after RBI policy; financial stocks rally

Rediff.com6 Feb 2020

IndusInd Bank was the top gainer in the Sensex pack, rallying over 4 per cent, followed by SBI, Bajaj Finance, Bharti Airtel, Axis Bank, Sun Pharma, HDFC and PowerGrid.

PM to lay foundation of new Parliament building today

PM to lay foundation of new Parliament building today

Rediff.com10 Dec 2020

Modi will also perform the ground-breaking ceremony for the building, which is expected to be completed by 2022 at an estimated cost of Rs 971 crore.

Dalit leader Charanjit Singh Channi is new Punjab CM

Dalit leader Charanjit Singh Channi is new Punjab CM

Rediff.com20 Sep 2021

The Congress picked Charanjit Singh Channi as the next chief minister of Punjab, making him the first Dailt to hold the post in the state, a day after Amarinder Singh resigned following a bitter power tussle in the party.

Facebook's lobbying practices in India may be probed before election

Facebook's lobbying practices in India may be probed before election

Rediff.com5 Mar 2019

The parliamentary committee on IT has recently been in the news for asking global representatives of Twitter, Facebook, WhatsApp and Instagram to present their views on misuse of social media platforms and its impact on citizens.

How India can improve quality of data collection

How India can improve quality of data collection

Rediff.com22 Jan 2020

As a well-wisher of the Indian Statistical System and part of the system for more than 37 years, Sunil K Sinha, former DG and CEO of NSSO, offers suggestions to improve data quality.

India loses hosting rights of 2021 men's World Boxing

India loses hosting rights of 2021 men's World Boxing

Rediff.com28 Apr 2020

India lost the hosting rights of the 2021 men's World Boxing Championship to Serbia after the national federation failed to pay the host fee, prompting the International Boxing Association (AIBA) to terminate the agreement signed in 2017. The elite competition, which would have happened for the first time in the country, will now be held in the Serbian city of Belgrade.

Should we scrap quarterly job surveys?

Should we scrap quarterly job surveys?

Rediff.com16 Jan 2019

A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.

After Rahul's jibe, 'govt sources' say UPA started process to buy VVIP jets

After Rahul's jibe, 'govt sources' say UPA started process to buy VVIP jets

Rediff.com7 Oct 2020

They noted that the exercise had begun in 2011 and an Inter-Ministerial Group submitted its recommendations in 2012 after meeting for 10 times.

'Economic activities are expected to improve'

'Economic activities are expected to improve'

Rediff.com20 Jul 2021

'We are very watchful about inflation and growth. But the main challenge is economic revival and growth.'

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Rediff.com12 Nov 2020

Unlike the first two stimulus packages, this time the focus would be on boosting demand.

Tejas is superior to Sino-Pak's J-19, but...

Tejas is superior to Sino-Pak's J-19, but...

Rediff.com29 Jan 2021

The Tejas Mark 1A outperforms the Sino-Pakistan JF-17 Thunder in avionics and weaponry, but the finance ministry's tax burden makes the Indian LCA costlier and hurts it in the export market.

'We underestimated the virus'

'We underestimated the virus'

Rediff.com18 May 2021

'By the time actual action began, it was already too late.' 'The virus was raging.'

2020 US Presidential election to be most expensive in history

2020 US Presidential election to be most expensive in history

Rediff.com29 Oct 2020

The Center for Responsive Politics said that an 'extraordinary influx' of political donations in the final months -- driven by a Supreme Court battle and closely watched races for the White House and Senate -- pushed total spending in the election past the previously estimated 11 billion dollars figure.

New farm laws will herald an era of market freedom: Economic Survey

New farm laws will herald an era of market freedom: Economic Survey

Rediff.com29 Jan 2021

The government's annual Economic Survey on Friday strongly defended new farm laws, saying they herald a new era of market freedom which can go a long way in improving lives of small and marginal farmers in India. These legislations were designed "primarily" for the benefit of "small and marginal farmers", which constitute around 85 per cent of the total number of farmers and are the biggest sufferer of the "regressive" APMC-regulated market regime, the survey said. The pre-budget document defended the farm laws in the backdrop of long-running farmers' agitation at various borders of the national capital seeking repeal of these legislations expressing concern that they are pro-corporate and could weaken government regulated mandis, also called Agriculture Produce Marketing Committees (APMCs).

Why farmers in UP are not protesting

Why farmers in UP are not protesting

Rediff.com16 Jan 2021

Robust procurement of paddy and wheat since 2017 and prompt payment to farmers have helped the UP government cultivate a positive and pro-farmer perception, defusing possible farm face-off situations.

How must govt use RBI's Rs 1.76 lakh crore

How must govt use RBI's Rs 1.76 lakh crore

Rediff.com30 Aug 2019

'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'

L&T's bid to buy Mindtree stake gets CCI nod

L&T's bid to buy Mindtree stake gets CCI nod

Rediff.com5 Apr 2019

L&T has acquired Cafe Coffee Day-owner V G Siddhartha's 20.32 per cent stake in Mindtree and has also placed an order with brokers to pick up another 15 per cent shares from the open market.

Xi plans to use CCP centenary to serve his goals

Xi plans to use CCP centenary to serve his goals

Rediff.com30 Jun 2021

With his eye on next year's Party Congress, Xi Jinping is using the CCP's centenary celebrations to publicise the benefits for China from its leadership, and boost his image and contribution to China's rise, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.

Modi govt must continue with inflation targeting: Subbarao

Modi govt must continue with inflation targeting: Subbarao

Rediff.com25 Mar 2021

Inflation targeting has worked well and the government must stay with it, and the framework is going to work well in the period ahead also, former RBI Governor D Subbarao said on Thursday. He also said low inflation contributes to sustainable growth. Addressing the 'Times Network India Economic Conclave' virtually, Subbarao said the government's proposal to privatise some public sector units is not akin to selling family silver but it is a route for putting India on a sustainable growth path.

Centre announces 75 new medical colleges by 2022

Centre announces 75 new medical colleges by 2022

Rediff.com28 Aug 2019

The establishment of these medical colleges will add at least 15,700 MBBS seats in the country.

75 years on, the horror of Hiroshima & Nagasaki bombings

75 years on, the horror of Hiroshima & Nagasaki bombings

Rediff.com6 Aug 2020

On August 6 and August 9 of 1945, warfare changed forever when the United States dropped two atomic bombs on Japan, devastating the cities of Hiroshima and Nagasaki and killing more than 100,000 people. The attack on the people of Hiroshima at 8:15 a.m. on August 6, 1945, and the second attack on the city of Nagasaki at 11:02 am on August 9 killed and wounded hundreds of thousands of unsuspecting men, women, and children in a horrible blast of fire and radiation, followed by deadly fallout. In years that followed, those who survived -- the hibakusha -- suffered from the trauma of the experience and from the long-term effects of their exposure to radiation from the weapons. Before the blast, they were thriving cities. In a flash, they became desolate wastelands. Seventy-five years later, take a glimpse at the destruction.

BSNL, MTNL failed to use most of the govt funds

BSNL, MTNL failed to use most of the govt funds

Rediff.com30 Dec 2012

During financial year 2011-12, MTNL was able to use only 14.66 per cent of the Budget estimate, while BSNL reported a better performance, according to a report by the standing committee on information technology.

Another Chinese invasion! India's cotton exports in trouble

Another Chinese invasion! India's cotton exports in trouble

Rediff.com3 Mar 2017

Chinese government was expected to start sales from its cotton reserves on March 6.

Over 41 lakh from 15-18 yrs age group get Covid vaccine on 1st day

Over 41 lakh from 15-18 yrs age group get Covid vaccine on 1st day

Rediff.com4 Jan 2022

Modi said India has taken an important step forward in protecting its youth population against the disease.

US apologises for Kabul drone strike that killed 7 kids

US apologises for Kabul drone strike that killed 7 kids

Rediff.com19 Sep 2021

The strike by a Hellfire missile in Kabul on August 29, which was launched in an effort to kill ISIS-K planners, instead killed 10 civilians, he said.

Pentagon defends India's ASAT test

Pentagon defends India's ASAT test

Rediff.com12 Apr 2019

"The first lesson from the Indian ASAT is just the simple question of why did they do that. And the answer should be, I think to all the committee looking at it, is that they did that because they are concerned about threats to their nation from space," US Strategic Command Commander General John E Hyten told members of the powerful Senate Armed Services Committee on Thursday.

Support from all sides needed to nurture economic recovery: RBI Guv

Support from all sides needed to nurture economic recovery: RBI Guv

Rediff.com18 Jun 2021

Reserve Bank Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy hit by the second wave of the coronavirus pandemic. The dent on economic activity due to the second wave of the pandemic during April-May necessitated continuation of monetary measures to support the process of economic recovery to make it durable, Das had said while participating in the meeting of the Monetary Policy Committee (MPC) earlier in the month. "Overall, the second wave of COVID-19 has altered the near-term outlook, and policy support from all sides - fiscal, monetary and sectoral - is required to nurture recovery and expedite return to normalcy," Das said, as per the minutes of the meeting released on Friday.

Covid vaccine to be distributed under special programme: Officials

Covid vaccine to be distributed under special programme: Officials

Rediff.com22 Oct 2020

The Centre has started the process of identifying around 30 crore priority beneficiaries who will be given vaccine in the initial phase. The Centre will procure the vaccine directly and make it available free-of-cost for the priority beneficiaries.

Supermarkets in India may soon sell petrol, diesel

Supermarkets in India may soon sell petrol, diesel

Rediff.com25 Jun 2019

If the reforms are implemented, multi-brand retail majors such as Future Group and Reliance Retail might enter the fuel retail space.