He said the country has witnessed a journey from indecisiveness to clarity and decisiveness.
As regular promotional discounts and offers rolled out by well-funded apps determine the demand trend, online hospitality aggregators face growing discontent from restaurants and hotels over commissions and pricing power.
RBI said more monetary transmission to support growth continues to be critical.
The Centre will take a hit of Rs 26,000 crore (Rs 260 billion) in 2005-06 by implementing the twelfth finance commission's proposal of a higher share of central taxes, grant and debt relief to states.
Experts are looking at a timeframe of anything between 12 and 18 months from the time of the new government for concrete signs of revival.
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
The Covid pandemic has left a question mark on how the central government manages its staff.
With less than five months left for the report of the Fifteenth Finance Commission to be submitted, its chairman N K Singh said the report will have fiscal road map for states, depending on their current situation.
A brief report card on Modi's ministers.
The government had pegged food subsidy at Rs 90,000 crore (Rs 900 billion) in the 2013-14 Union Budget.
FinMin does not expect tax or non-tax revenue to reach anywhere close to the targets set in the interim Budget. Sources say that the challenge before the new government will be either to accept the reduced projection and tailor the Budget accordingly or set a more ambitious target.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
'The Election Commission has to deal with money power, intimidation tactics and caste politics.'
In the last budget, then finance minister Arun Jaitley had allocated Rs 85,010 crore for the education sector which was later revised to Rs 83,625.86 crore.
'Defence does not new 'planning commissions'; it needs an implementation commission.'
The canteens would come up in and around industrial areas, hospitals, educational institutions and commercial hubs.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
Siddaramaiah announces free LGP gas, universal health scheme in budget
Union Budget 2015 cuold have included few smaller reforms.
Going by the number of changes Mr Jaitley's next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya.
Besides the SAD, the SP, the AIADMK and the TRS supported the idea; while the AAP, the TDP, the JD-S, the AIFB, the DMK, the TMC, the GFP and Left parties opposed it.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
Poor predictability, credibility and effectiveness of fiscal performance have been key reasons for successive governments failing to deliver on their promises.
The government is determined to stop generation of black money, he said.
In the history of Indian railway budgets, Suresh Prabhu will perhaps be the first railway minister not to have announced either a single new train or a new railway line
Readers tell us how they are managing without cash since November 8.
For most affluent families in Kerala, marriage is reduced to an occasion to flaunt their wealth. Now, the Women's Commission in the state wants marriage expenses to be capped at Rs 6 lakh.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
'If some measures are implemented quickly, they can help revive growth.'
Jagdish Chhokar, founder-member of the Association for Democratic Reforms says there should be a law to regulate the functioning of political parties.
There is a link between objectives and commitments.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
Economists expect Modi to announce big-bang reforms.
'The EC is a sacred institution.' 'In the last few years, more than once, we have found the EC bending over backwards to accommodate the government.'
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
Sitharaman said the government will bring in a new national education policy to transform India's higher education system into one of the best in the world.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid, experts tell Sanjay Kumar Singh.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances