News for 'Estimates Committee'

'Grand challenge' to boost states' participation in Bharatmala

'Grand challenge' to boost states' participation in Bharatmala

Rediff.com26 Oct 2017

Once the scheme is implemented 70-80 per cent of the freight would move along national highways as against the current 40 per cent, says Highways Minister Nitin Gadkari.

Govt may infuse Rs 19k cr into PSU banks in FY16

Govt may infuse Rs 19k cr into PSU banks in FY16

Rediff.com24 Jun 2015

Banks will need more funds, as they have to provide more capital.

All you want to know about social bourses

All you want to know about social bourses

Rediff.com22 Jul 2019

A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.

Good monsoon has positive spin-off on govt finances

Good monsoon has positive spin-off on govt finances

Rediff.com10 Aug 2016

Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore

Govt takes steps to regulate e-pharmacies

Govt takes steps to regulate e-pharmacies

Rediff.com8 Sep 2018

Under the proposed rules, individuals or companies will have to register with the central licensing authority to run an e-pharmacy; state-wide registration is not required.

Pay hike: Maharashtra readies for Rs 21,000-cr mega blow

Pay hike: Maharashtra readies for Rs 21,000-cr mega blow

Rediff.com8 Jul 2016

There are 1.9 million employees and 650,000 pensioners in Maharashtra.

How govt plans to double farm income in 5 years

How govt plans to double farm income in 5 years

Rediff.com1 Jan 2018

Critics said a 10-plus per cent annual increase in incomes is a tall order, given that between 2002-03 and 2012-13, farm incomes grew yearly by 3.6 per cent.

Cyclone Tauktae intensifies, 6 dead in 2 states

Cyclone Tauktae intensifies, 6 dead in 2 states

Rediff.com16 May 2021

Gale-force winds, heavy rainfall and high tidal waves swept the coastal belt of Kerala, Karnataka and Goa as Cyclone Tauktae hurtled northwards towards Gujarat on Sunday, leaving four people dead in Karnataka and two in Goa, damaging hundreds of houses, uprooting electricity poles and trees and forcing evacuation.

Effect of Modi's appeal? Tirupati to deposit 2.3 tonnes of gold

Effect of Modi's appeal? Tirupati to deposit 2.3 tonnes of gold

Rediff.com23 Mar 2016

The bank will be responsible for taking the mixed gold to mint and getting it purified.

India's manufacturing capacity utilisation declines to the lowest ever

India's manufacturing capacity utilisation declines to the lowest ever

Rediff.com6 Dec 2019

Industry players said they were indeed seeing a serious fall in capacity usage, though some sectors were seeming to prevent further fall in the overall capacity utilisation.

India's greatest test since Partition

India's greatest test since Partition

Rediff.com23 Apr 2020

'The steady poverty reduction achieved over the last three decades could be largely reversed in this one financial year with hundreds of millions sliding below the red line,' warns Devangshu Datta.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

Citizenship Bill: Morally valid, long overdue

Citizenship Bill: Morally valid, long overdue

Rediff.com13 Feb 2019

'To treat a Hindu fleeing persecution and certain death in Pakistan, Bangladesh or Afghanistan on par with a Muslim voluntarily sneaking into India for economic reasons or otherwise is callously cruel, blatantly perverse and grossly unjust.' 'The concept of equality cannot be invoked to perpetuate a historical wrong that needs to be righted,' argues Vivek Gumaste.

PSU pay panel for 50-60% revision

PSU pay panel for 50-60% revision

Rediff.com27 Mar 2008

Over 1.6 million employees working in the estimated 240 central public sector undertakings (PSUs) are likely to receive a 50 to 60 per cent salary increase, possibly with retrospective effect from January 2006. The second PSU pay revision committee, headed by former Supreme Court Justice M Jagannadha Rao, is in advanced stages of finalising its award due April-end and plans to submit its report to the government soon after.

47% Covid victims in India aged below 60 years: Govt

47% Covid victims in India aged below 60 years: Govt

Rediff.com13 Oct 2020

"Also, 35 per cent deaths were recorded in the age group of 45-60 years, 10 per cent in the age group of 26-44 years and one per cent each in the age group of 18-25 years and below 17 years," the health secy said.

RBI positive on meeting 6% inflation target by next year

RBI positive on meeting 6% inflation target by next year

Rediff.com7 Apr 2015

CPI inflation will remain below the target of 6 per cent set for January 2016.

Loan restructuring: 'Whoever needs relief should get it'

Loan restructuring: 'Whoever needs relief should get it'

Rediff.com25 Aug 2020

'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'

Govt approves 6 road proposals worth Rs 9,774 cr

Govt approves 6 road proposals worth Rs 9,774 cr

Rediff.com13 Jul 2011

The Public Private Partnership Approval Committee (PPPAC), chaired by Economic Affairs Secretary R Gopalan, had granted approval to the six proposals of the ministry of road transport and highways spread across five states, an official statement said.

SC bars opening of Padmanabhaswamy Temple vaults

SC bars opening of Padmanabhaswamy Temple vaults

Rediff.com8 Jul 2011

The Supreme Court on Friday restrained the seven-member committee from opening vaults of the Sree Padmanabhaswamy Temple in Thiruvananthapuram, which according to various estimates contains wealth worth over Rs 1 lakh crore.

Chennai Connect doesn't improve India-China trade ties

Chennai Connect doesn't improve India-China trade ties

Rediff.com14 Oct 2019

China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.

Newbies dream to become oil barons in limbo

Newbies dream to become oil barons in limbo

Rediff.com3 Oct 2020

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.

Poverty in India falls but poor get poorer

Poverty in India falls but poor get poorer

Rediff.com20 Mar 2012

Poverty in the country fell 7.4 percentage points in the past five years.

Gold-rich temples weigh monetisation, but 'melting' a dampener

Gold-rich temples weigh monetisation, but 'melting' a dampener

Rediff.com20 Dec 2015

The temples are concerned about the religious sentiments of the devotees who donate gold ornaments in the name of the deities

Currency chests under water in Surat

Currency chests under water in Surat

Rediff.com11 Aug 2006

Only 10 pc mining in Bellary legal: SC panel

Only 10 pc mining in Bellary legal: SC panel

Rediff.com29 Jul 2011

Ninety percent mining in Bellary district of Karnataka is illegal which has converted the area of green scenic into a war ravaged zone with huge ugly scars, says the Supreme Court-appointed committee.

How much will it cost tax payers to host an Olympics?

How much will it cost tax payers to host an Olympics?

Rediff.com8 Oct 2015

Holding the 2024 Olympics in Hamburg would cost taxpayers a projected 7.4 billion euros ($8.4 billion) with a total overall budget for the world's biggest multi-sports event estimated at 11.2 billion, the candidate city's mayor said on Thursday.

MSP hike likely to fuel inflation by 50-90 bps

MSP hike likely to fuel inflation by 50-90 bps

Rediff.com5 Jul 2018

Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.

4 days on, Tamil Nadu cinema halls call off strike over local tax

4 days on, Tamil Nadu cinema halls call off strike over local tax

Rediff.com6 Jul 2017

The theatres will start functioning from Friday with the ticket prices set to go up from the present maximum of Rs 120 with the addition of 28 per cent of Goods and Services Tax.

Par panel to examine Antrix-Devas deal

Par panel to examine Antrix-Devas deal

Rediff.com24 Mar 2011

The controversial Antrix-Devas deal will now come under the scrutiny of a Parliamentary panel. Parliament's Committee on Estimates has decided to examine the allocation of S-band spectrum by Indian Space Research Organisation (ISRO) with special reference to the Antrix-Devas deal, an official said.

India waits for record cotton production

India waits for record cotton production

Rediff.com13 Apr 2007

Cotton production in India is expected to rise to a record 4.7 million tones while the world cotton production is forecast at 25.2 million tonne for 2007-08.

The coming vegetable crisis

The coming vegetable crisis

Rediff.com12 Apr 2020

There have been several instances of traders dumping fruits and vegetables outside mandis. Or of farmers dumping produce outside their villages or feeding them to their animals.

Panel grills aviation officials on steep airfares

Panel grills aviation officials on steep airfares

Rediff.com24 Dec 2010

With airfares spiralling, members of a Parliamentary panel grilled top officials of the Civil Aviation Ministry and demanded quick action to curb overpricing of air tickets.

Parliamentary panel to quiz Urjit Patel on note ban on Wed

Parliamentary panel to quiz Urjit Patel on note ban on Wed

Rediff.com17 Jan 2017

Standing committee on finance to also focus on RBI autonomy and citizen's rights.

How COVID-19 derailed govt's plan on GDP and CPI

How COVID-19 derailed govt's plan on GDP and CPI

Rediff.com8 Jun 2020

The revision of the consumer price index and GDP base years from 2011-12 and 2012, respectively, were dependent on the outcomes of the consumer expenditure survey of 2017-18 that the government decided to junk recently.

Stimulus packages: Panagariya cautions Modi govt about going overboard

Stimulus packages: Panagariya cautions Modi govt about going overboard

Rediff.com19 Apr 2020

India should take 'measured approach' with stimulus packages to deal with COVID-19 by limiting interventions to the provision of food, shelter and basic necessities of life for all; forbearance on payments of outstanding loans; and extra provision of working capital including what will be necessary to cover outstanding wages from lockdown period to enterprises.

Govt changes biz models to attract private investments in infra

Govt changes biz models to attract private investments in infra

Rediff.com9 Sep 2014

The move is part of a larger initiative by the government to speed up work in the highway sector.

COVID-19 hangs over the future like a spectre: RBI

COVID-19 hangs over the future like a spectre: RBI

Rediff.com10 Apr 2020

While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.

Shetty summoned by MCA panel probing unsold WC final tickets

Shetty summoned by MCA panel probing unsold WC final tickets

Rediff.com25 Jun 2013

Top BCCI official Ratnakar Shetty has been summoned to attend the meeting of the Mumbai Cricket Association's (MCA) inquiry committee, probing the matter of unsold tickets during the 2011 World Cup final held at the Wankhede Stadium, in Mumbai on Wednesday.

RBI may escape govt's scrutiny for missing inflation target

RBI may escape govt's scrutiny for missing inflation target

Rediff.com17 Aug 2020

If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.

RBI may cut rates by 40 bps in FY21 as Budget did little for growth: Fitch

RBI may cut rates by 40 bps in FY21 as Budget did little for growth: Fitch

Rediff.com7 Feb 2020

A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its interest rates.