News for 'Finance Commission Report'

States' debt swap mooted

States' debt swap mooted

Rediff.com19 Aug 2004

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Rediff.com13 May 2020

The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.

Pak judicial commission arrives in India for 26/11 probe

Pak judicial commission arrives in India for 26/11 probe

Rediff.com21 Sep 2013

An eight-member Pakistani judicial commission team crossed into India from the Wagah border check post in Punjab on Saturday to conduct the much-delayed cross-examination of witnesses in the 2008 Mumbai attacks, which claimed 166 lives.

Reward performing states: Rangarajan

Reward performing states: Rangarajan

Rediff.com10 Apr 2003

7th Pay Commission=Rs 24,325-crore impact on railways

7th Pay Commission=Rs 24,325-crore impact on railways

Rediff.com30 Jun 2016

The amount constitutes 45 per cent of the railways' total wage bill.

State FMs meet Nirmala, demand fiscal stimulus

State FMs meet Nirmala, demand fiscal stimulus

Rediff.com22 Jun 2019

Sitharaman exhorted the states to work together with the Centre, stating that while the Union government sets the direction of economic growth, it is for the states to ensure effective implementation on the ground.

FTCs should function till Apr 30: SC

FTCs should function till Apr 30: SC

Rediff.com30 Mar 2005

A Bench comprising Justice S B Sinha and Justice S H Kapadia took a serious view of the non-allocation of funds by the 12th Finance Commission to enable the continuance of the FTCs.

386 infra projects show cost overruns of Rs 4.7 lakh cr

386 infra projects show cost overruns of Rs 4.7 lakh cr

Rediff.com28 Aug 2022

As many as 386 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.7 lakh crore, as per a report. According to the ministry of statistics and programme implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,505 projects, 386 reported cost overruns and as many as 661 projects were delayed. "Total original cost of implementation of the 1505 projects was Rs 21,21,793.23 crore and their anticipated completion cost is likely to be Rs 25,92,537.79 crore, which reflects overall cost overruns of Rs 4,70,744.56 crore (22.19% of original cost)," the ministry's latest report for July 2022 said.

Nawaz Sharif invites rival parties to form joint govt in Pakistan

Nawaz Sharif invites rival parties to form joint govt in Pakistan

Rediff.com9 Feb 2024

Sharif, the three-time former premier, said that there is a need for all the political parties to sit together and form a government to pull Pakistan out of its difficulties.

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.

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

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Rediff.com14 Jun 2023

Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.

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.

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.

Katchatheevu: Modi Bets Big On A Dead Horse

Katchatheevu: Modi Bets Big On A Dead Horse

Rediff.com2 Apr 2024

The BJP is now inventing new angles to keep its campaign relevant -- even if it's old wine in an old bottle, which is what the allegation on 'Katchatheevu' is, notes N Sathiya Moorthy.

SC refuses to stay disqualification of 6 Congress MLAs

SC refuses to stay disqualification of 6 Congress MLAs

Rediff.com18 Mar 2024

The Supreme Court on Monday refused to stay the Himachal Pradesh assembly speaker's order disqualifying the six Congress rebels who had cross-voted in the recent Rajya Sabha polls in the state.

'V P Singh is needlessly maligned'

'V P Singh is needlessly maligned'

Rediff.com30 Dec 2021

'As his close associate Som Pal told me, "Mandal was never V P Singh's brainchild. It was a Janata Party commitment he inherited".' 'He would have done it anyway at some point, but the specific timing of his decision was dictated entirely by political exigency -- his government was threatened.' 'It also turned out to be a game changer in Indian politics.'

Who Will Admit To Committing Fraud?

Who Will Admit To Committing Fraud?

Rediff.com27 Apr 2023

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.

12 states better deficit projections

12 states better deficit projections

Rediff.com30 Sep 2005

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.

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.

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

Rediff.com9 Aug 2023

The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs, sources said. The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament, which will end on August 11. The GST Council in its 51st meeting on August 2 recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.

Nepal forms five-member panel to probe plane crash

Nepal forms five-member panel to probe plane crash

Rediff.com15 Jan 2023

The announcement came as Prime Minister Pushpa Kamal Dahal 'Prachanda' called an emergency meeting of the council of ministers following the crash.

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.

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.

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.

'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.

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.

'Modi Fatigue Has Set In'

'Modi Fatigue Has Set In'

Rediff.com3 Apr 2024

'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'

'Despite Covid we don't care about health'

'Despite Covid we don't care about health'

Rediff.com7 Feb 2024

'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'

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

'We value family': Ajit Pawar on visiting Sharad Pawar's home

'We value family': Ajit Pawar on visiting Sharad Pawar's home

Rediff.com15 Jul 2023

Pawar said, "I will meet PM Narendra Modi on July 18. During the meeting, I will take up various issues related to farmers with him. (NCP leader) Praful Patel and I will attend the National Democratic Alliance (NDA) meeting."

New competition law likely to open up settlement route for cartels

New competition law likely to open up settlement route for cartels

Rediff.com30 Jan 2023

In a relief to industry, the government has accepted a parliamentary panel's recommendation on allowing cartels to opt for the settlement scheme under the Competition Amendment Bill, according to official sources. The proposed Bill seeks to introduce a clause for settlement and commitment that offers any enterprise against which an inquiry has been initiated to file an application for settlement. The Parliamentary Committee on Finance had suggested including cartels in the scope for settlement "as a pragmatic recourse to the whole process".

Why We Need Professional Investment Advisors

Why We Need Professional Investment Advisors

Rediff.com30 Dec 2022

When we are unwell, we consult a doctor, take a prescription, and then buy medicines from a chemist. In finance, too, it is best to keep investment advice and product purchase separate, suggests Bindisha Sarang.

Centre expands talent pool, to induct 17 private sector experts

Centre expands talent pool, to induct 17 private sector experts

Rediff.com30 May 2023

This is the fourth such recruitment drive proposed to be undertaken by the Narendra Modi government which had in 2018 initiated lateral entry.

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.

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.

SC relaxes norms for appointing consumer court presidents, members

SC relaxes norms for appointing consumer court presidents, members

Rediff.com4 Mar 2023

The Supreme Court on Friday said lawyers and professionals with 10 years of experience will be eligible for appointment as president and member of the state consumer commission and district forums.

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%.

GST anti-profiteering complaints to be taken up by CCI from Dec 1

GST anti-profiteering complaints to be taken up by CCI from Dec 1

Rediff.com15 Nov 2022

All GST anti-profiteering complaints would be dealt with by the Competition Commission of India (CCI) from December 1 as the extended tenure of National Anti-profiteering Authority ends this month, an official said on Tuesday. A notification in this regard is expected to be issued by the finance ministry later this month, the official added. The National Anti-profiteering Authority (NAA) was set up in November 2017 under Section 171A of Goods and Services Tax (GST) law to check unfair profiteering activities by registered suppliers.