News for 'Finance Commission Report'

EC to ask I-T to look into finances of 200 'delisted' parties

EC to ask I-T to look into finances of 200 'delisted' parties

Rediff.com21 Dec 2016

The commission has, over a period of time, identified various parties which have not contested polls since 2005 and has 'delisted' over 200 of them.

Centre announces financial package for Andhra Pradesh

Centre announces financial package for Andhra Pradesh

Rediff.com8 Sep 2016

Andhra Pradesh has been demanding a Special Category State status from the Centre ever since the state's economic powerhouse Hyderabad, which housed several IT and pharmaceutical companies as well as PSUs, went to Telengana in the bifurcation

Guptas used former Prez Zuma against people of S Africa: Probe panel

Guptas used former Prez Zuma against people of S Africa: Probe panel

Rediff.com1 May 2022

The report said Zuma 'would do anything that the Guptas wanted him to do for them,' including firing competent ministers and senior officials at parastatal institutions, so that Gupta lackeys could be appointed to those positions.

Key lessons for the new 'Planning Commission'

Key lessons for the new 'Planning Commission'

Rediff.com12 Sep 2014

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.

Kelkar to head panel on regional balance

Kelkar to head panel on regional balance

Rediff.com23 Feb 2011

The government has made several region-wise and sector-wise allocations in its annual plan and budget proposals.

FinMin's diktat to banks on selling insurance

FinMin's diktat to banks on selling insurance

Rediff.com23 Dec 2022

Concerned over rising incidence of mis-selling, the finance ministry has directed heads of public sector banks to put in place strong mechanisms to avoid unethical practices for selling insurance policies to customers. The Department of Financial Services has received complaints that fraudulent and unethical practices are adopted by banks and life insurance companies for procuring policies from the bank customers, a letter addressed to chairpersons and managing directors of public sector banks said. There have been instances where life insurance policies were sold to customers aged above 75 years in Tier II-III cities.

Speed up divestment process: Kelkar

Speed up divestment process: Kelkar

Rediff.com20 Nov 2009

The government should speed up the disinvestment process to generate funds for meeting the new needs such as environment protection, 13th Finance Commission chairman Vijay Kelkar said.

12 states better deficit projections

12 states better deficit projections

Rediff.com30 Sep 2005

Amit Shah rules out joining Modi government, says happy being BJP president

Amit Shah rules out joining Modi government, says happy being BJP president

Rediff.com31 Jul 2017

The BJP chief exuded confidence that the party would retain power at the Centre in the 2019 Lok Sabha polls with more strength.

Plan panel pegs India's growth at 8%

Plan panel pegs India's growth at 8%

Rediff.com2 Nov 2009

The commission in its recent assessment of the economy also expects economic growth to go up to nine per cent in 2011-12, and further to 10 per cent in 2014-15.

States pitch for continuation of GST compensation for another 5 years

States pitch for continuation of GST compensation for another 5 years

Rediff.com30 Dec 2021

The demand for extension of the GST cess regime among others was made by several state finance ministers at a pre-budget consultation called by Union Finance Minister Nirmala Sitharaman in New Delhi. Besides, many states also demanded raising the share of the Union government in the Centrally Sponsored Schemes (CSS). Currently, the central government and state government share in some CSS is 60:40 while in others it is 75:25.

7th pay panel's draft report riddled with dissent notes

7th pay panel's draft report riddled with dissent notes

Rediff.com12 Nov 2015

The notes argue that it will widen the talent base available to govt to deliver increasingly complex services to a demanding population.

Who will be the next finance minister?

Who will be the next finance minister?

Rediff.com2 Dec 2008

The country's new home minister, Palaniappan Chidambaram, today said he prefers a Congressman as his successor in the finance ministry, setting off speculation about the implication of his statement.

'PM making shallow comments as he is disturbed by falling GDP'

'PM making shallow comments as he is disturbed by falling GDP'

Rediff.com1 Sep 2015

Bihar Chief Minister Nitish Kumar asked the prime minister not to make new promises to Bihar but "show moral courage" and ensure implementation of all the promises made till date.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

AAP again questions genuineness of Modi's degrees

AAP again questions genuineness of Modi's degrees

Rediff.com2 Apr 2023

The Aam Aadmi Party on Sunday raised questions on the genuineness of Prime Minister Narendra Modi's degrees and claimed that they would turn out to be fake if a probe is conducted.

Farm goods, services to be dearer; GDP to gain

Farm goods, services to be dearer; GDP to gain

Rediff.com16 Dec 2009

Food prices have been relentlessly rising and was over 19 per cent year-on-year in the last week of November.

IEPFA reaches out to top hundred firms to ease investor claims' process

IEPFA reaches out to top hundred firms to ease investor claims' process

Rediff.com2 Jun 2023

The investor education and protection fund authority (IEPFA) has reached out to top hundred companies to reduce the documentation required for individuals trying to claim their shares, according to a senior government official. Recently, the Supreme Court-appointed expert panel on the Adani-Hindenburg case had raised issues such as capacity constraints faced by IEPFA in clearing these claims which are over Rs 5,000 crore. "Our immediate priority is to ensure that claims of those investors whose application was approved a year ago but the transfer has not gone through yet are settled first.

Forget tax cuts, Sitharaman advised against Budget sops

Forget tax cuts, Sitharaman advised against Budget sops

Rediff.com11 Jun 2019

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.

MSMEs caught between a rock and a hard place

MSMEs caught between a rock and a hard place

Rediff.com3 Apr 2023

Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.

Pay Commission to decide interim relief: FM

Pay Commission to decide interim relief: FM

Rediff.com24 Nov 2006

The government on Monday made it clear that it does not propose to tinker with the existing mechanism of setting up Pay Commission for revision of wages for central government employees

Nijjar trained youth to carry out attacks on India: Sources

Nijjar trained youth to carry out attacks on India: Sources

Rediff.com23 Sep 2023

Nijjar was a close associate of Gurdeep Singh alias Deepa Heranwala, who was involved in the killing of around 200 people in Punjab during the late 1980s and early 1990s.

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Rediff.com19 Jun 2023

The unidentified youths shot Nijjar, a designated terrorist, inside the premises of Guru Nanak Sikh Gurdwara Sahib, of which he was the head, at Surrey at 8:27 pm (local time) on Sunday, they said.

How Babus did during the Pandemic: A report card

How Babus did during the Pandemic: A report card

Rediff.com18 Jan 2021

The Covid pandemic has left a question mark on how the central government manages its staff.

Pak to choke funding of terror groups to avoid FATF black list: Report

Pak to choke funding of terror groups to avoid FATF black list: Report

Rediff.com27 Jun 2018

Currently placed on the FATF'S 'grey list', Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF.

Opposition inciting riots over CAA: Shah

Opposition inciting riots over CAA: Shah

Rediff.com28 Feb 2020

"Shouldn't they get Indian citizenship? Shouldn't their human rights be protected?" Shah asked the audience which responded with a resounding "yes".

'Adani Group is a man-made disaster in the making'

'Adani Group is a man-made disaster in the making'

Rediff.com27 Jan 2023

In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.

Delhi docs end hunger strike after salaries released

Delhi docs end hunger strike after salaries released

Rediff.com29 Oct 2020

While five resident doctors of Hindu Rao Hospital had been sitting on a relay hunger strike since Friday, the senior doctors of the North Corporation-run facilities had gone on an indefinite strike on Tuesday. Their associations had joined hands in solidarity since Tuesday.

Indian startup ecosystem has potential to be growth engine: Survey

Indian startup ecosystem has potential to be growth engine: Survey

Rediff.com29 Jan 2021

The Indian startup ecosystem, which defied odds during a pandemic-hit year to create record 12 unicorns, has the potential to be the engine of growth in the medium to long run, according to the Economic Survey 2020-21. The survey noted that startups are the platform for entrepreneurs who have the ability to think out of the box and innovate to conceive products that can create a niche for themselves in a dynamically changing world.

Budget not excellent but just above average

Budget not excellent but just above average

Rediff.com12 Mar 2015

This Budget plans for an increase to 10.3% of GDP from 9.9%.

ED summons Maha NCP chief in IL&FS money laundering case

ED summons Maha NCP chief in IL&FS money laundering case

Rediff.com11 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.

14-year-old girl raped, thrown into furnace in Rajasthan

14-year-old girl raped, thrown into furnace in Rajasthan

Rediff.com3 Aug 2023

A 14-year-old girl was allegedly murdered and her body was burnt in a coal furnace in Rajasthan's Bhilwara district, the police said on Thursday.

Shaktikanta Das first RBI governor under Modi to get extension

Shaktikanta Das first RBI governor under Modi to get extension

Rediff.com29 Oct 2021

The government has extended the term of Reserve Bank of India Governor Shaktikanta Das by another three years upto December 2024, according to an official order.

BJP demands removal of DCW chief after court order over illegal appointments

BJP demands removal of DCW chief after court order over illegal appointments

Rediff.com9 Dec 2022

In a letter to Saxena, the BJP's West Delhi MP Parvesh Verma demanded Maliwal's removal from her position.

Next round of G20 meetings in Gujarat from March 27

Next round of G20 meetings in Gujarat from March 27

Rediff.com22 Mar 2023

Gujarat will host the next round of G20 meetings from March 27 to April 4, during which three conclaves will be held in the state on a range of issues, where delegates from different countries will converge for participation, an official said.

For every rupee in govt kitty, 64 paise come from taxes

For every rupee in govt kitty, 64 paise come from taxes

Rediff.com1 Feb 2020

The collection from borrowings and other liabilities will be 20 paise, while income tax will yield 17 paise to every rupee collection.

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

Rediff.com17 Oct 2022

Assembly Speaker M Appavu said leaders of the two AIADMK factions submitted him 6 letters, including 4 from Palaniswami, asking for separate seating arrangement in the Assembly for their respective members.

Indian fiscal policy flawed: World Bank

Indian fiscal policy flawed: World Bank

Rediff.com14 Jun 2004

Terming India's fiscal decentralisation as 'flawed', the World Bank has mooted six broad strategies, including strengthening the state finance commissions, broadening tax base and greater devolution of power to Panchayati Raj institutions.

No naysayers: Parliament unanimously passes women's reservation bill

No naysayers: Parliament unanimously passes women's reservation bill

Rediff.com22 Sep 2023

Once more women assume leadership roles and join the nation-building process, he said, adding they will become a guarantee of the country's bright future.

NSSO report puts a hole through govt's GDP claims

NSSO report puts a hole through govt's GDP claims

Rediff.com8 May 2019

The technical report of the NSSO has generated controversy following its observation that as much as 36 per cent units forming part of MCA-21 database, used in computing GDP, could not be either identifiable or traceable in the field.