News for 'Finance Commission Report'

Under Jal Jeevan Mission, 5 cr houses got water connection: Modi

Under Jal Jeevan Mission, 5 cr houses got water connection: Modi

Rediff.com2 Oct 2021

Speaking after interacting with gram panchayats and pani samitis/village water and sanitation committees (VWSC) on the Jal Jeevan Mission, Modi said the mission is not just about bringing water to people but it is also a decentralisation movement that is village and women-driven.

Why Did Shah-Nadda Meet Veep?

Why Did Shah-Nadda Meet Veep?

Rediff.com11 Jan 2023

What some of our leaders were up to on Monday and Tuesday.

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Rediff.com17 May 2023

His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

Rs 26,000 cr debt relief to states

Rs 26,000 cr debt relief to states

Rediff.com3 Feb 2005

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.

Panel to monitor projects in J&K

Panel to monitor projects in J&K

Rediff.com14 Jan 2005

C Rangarajan, chairman, 12th Finance Commission, will head the committee, J&K Finance Minister Muzaffar Hussain Baig said in Srinagar.

'GST structure is complex'

'GST structure is complex'

Rediff.com12 Mar 2015

A well-functioning GST will enhance tax compliance and boost growth: IMF

'Rajapaksa didn't trust India, tilted towards China'

'Rajapaksa didn't trust India, tilted towards China'

Rediff.com15 Jul 2022

'A fragile Sri Lanka will have a serious impact on the security of India.'

449 infra projects show cost overruns worth Rs 4.29 lakh crore

449 infra projects show cost overruns worth Rs 4.29 lakh crore

Rediff.com21 Mar 2021

As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report. The ministry of statistics and programme implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,736 such projects, 449 reported cost overruns and 547 were delayed.

Tomar degree row: All 3 BJP MLAs marshalled out of Delhi assembly

Tomar degree row: All 3 BJP MLAs marshalled out of Delhi assembly

Rediff.com24 Jun 2015

The BJP MLAs -- Vijender Gupta, O P Sharma and Jagdish Pradhan -- were evicted from the House after they trooped to the Well and raised slogans.

Waiting endlessly for AP govt to revert on special package: Jaitley

Waiting endlessly for AP govt to revert on special package: Jaitley

Rediff.com17 Mar 2018

"A solution has been put on the table. It is for Andhra Pradesh to decide whether they want the resources or they want to make an issue (out of it)," he said.

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Rediff.com28 Jul 2022

Congress leader Adhir Ranjan Chowdhury's 'rashtrapatni' remark snowballed into a major political row on Thursday with the Bharatiya Janata Party accusing the opposition party of insulting President Droupadi Murmu and demanding that Congress chief Sonia Gandhi should apologise to the nation.

All govt departments to make 'savage cuts' in expenses

All govt departments to make 'savage cuts' in expenses

Rediff.com9 Apr 2020

Days after cutting the salaries and other allowances of MPs and ministers, the government has passed instructions to all departments to reduce their expenditure by as much as 60 per cent from their first-quarter spending plans.

States may grow at 12% till '10

States may grow at 12% till '10

Rediff.com28 Feb 2005

RBI's tough stance to continue

RBI's tough stance to continue

Rediff.com1 Feb 2008

RBI is likely to continue with its tough stance on monetary policy to maintain price and financial stability.

One-month report card: NITI Aayog plays its role well

One-month report card: NITI Aayog plays its role well

Rediff.com4 Feb 2015

NITI Aayog has a dual role of a monitor and advisor.

Economists tell Sitharaman to focus on reviving growth

Economists tell Sitharaman to focus on reviving growth

Rediff.com21 Dec 2019

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.

Pay panel, an attempt to destabilise India

Pay panel, an attempt to destabilise India

Rediff.com31 Mar 2008

By suggesting a substantial hike for government employees, the 6th Pay Commission, like many before it, has indeed been an honest attempt at destabilising the nation. And for that reason the nation need to consign it to the dustbin.

Nitish writes to Chidambaram to implement Rajan panel report

Nitish writes to Chidambaram to implement Rajan panel report

Rediff.com8 Oct 2013

In a letter to Union Finance Minister P Chidambaram, he said the proportional share between the Centre and the state in centrally sponsored schemes should be changed for the least developed states like the one existing for special category states now.

Digital Competition Law Worries Big Tech

Digital Competition Law Worries Big Tech

Rediff.com18 Jan 2023

'The message is not clear whether we are wanted.' 'All this could adversely impact our strategy in India and also investments.'

Jalan panel for cut in fiscal deficit to 3.6% in 2015-16

Jalan panel for cut in fiscal deficit to 3.6% in 2015-16

Rediff.com21 Jan 2015

Bimal Jalan, has recommended to the government that it cut fiscal deficit to 3.6 per cent of the GDP during 2015-16.

'In crisis? Turn to India, China and Russia'

'In crisis? Turn to India, China and Russia'

Rediff.com20 Nov 2008

The trio could play a significant role in the global economy, which is facing a slowdown, Finance Commission chairman Vijay Kelkar said at a conference on Russia, India and China in New Delhi. The conference was held to throw light on common policy issues characterising each of the society, said Suman Berry, National Council of Applied Economic Research director general.

GDP grew in double digits twice in UPA era, but slowed down too

GDP grew in double digits twice in UPA era, but slowed down too

Rediff.com20 Aug 2018

Data on the new series given by a panel on real sector statistics shows that GDP grew by 10.23 per cent in 2007-08 and 10.78 per cent in 2010-11. There are some years for which the new figures show a deceleration in growth as well. The new series has 2011-12 as the base year while the earlier series had 2004-05 and 1993-94.

Decoding Budget with the Chief Economic Adviser

Decoding Budget with the Chief Economic Adviser

Rediff.com1 Mar 2015

The Budget would preserve macro-economic stability.

In final speech as VP Naidu deplores 'freebie culture'

In final speech as VP Naidu deplores 'freebie culture'

Rediff.com9 Aug 2022

The remarks by Naidu in his last address as the country's Vice President came even as Telangana's ruling Telangana Rashtra Samithi RS said the welfare of poorer sections of society is not a freebie and that welfare measures taken by governments should continue.

Fighting dharma yuddh against Centre, says Naidu; writes to Amit Shah

Fighting dharma yuddh against Centre, says Naidu; writes to Amit Shah

Rediff.com16 Mar 2018

The TDP supremo said he had not contacted any party yet but given the 'TDP's credibility' they were supporting the no-trust motion.

Drugs case probe: Lookout notice against SAD's Majithia

Drugs case probe: Lookout notice against SAD's Majithia

Rediff.com22 Dec 2021

The state police have been looking for the Shiromani Akali Dal leader to arrest him.

GST may give $15-bn push to economy

GST may give $15-bn push to economy

Rediff.com7 Feb 2009

The Goods and Services Tax, proposed to be introduced from April 2010, would benefit the economy by at least $15 billion

DHFL shares may get delisted post acquisition by Piramal

DHFL shares may get delisted post acquisition by Piramal

Rediff.com7 Jun 2021

Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.

Commerce ministry seeks tax sops for exporters

Commerce ministry seeks tax sops for exporters

Rediff.com14 Apr 2008

The commerce ministry will approach the 13th Finance Commission next month suggesting measures to reduce the incidence of local taxes on exports. With the state levies accounting for 6 per cent of the cost of exporters' consignments, the ministry wants to ensure that these taxes are rebated on the lines of refund of Central levies through different schemes.

Govt told to improve accounting standards

Govt told to improve accounting standards

Rediff.com9 Jun 2003

An international seminar on accounting practices opened on Monday with Finance Commission chairman C Rangarajan asking the government to ensure better expenditure control for containing fiscal deficit.\n\n\n\n

Post-Imran Khan, Pak oppn eyes Nawaz return, President Alvi's ouster

Post-Imran Khan, Pak oppn eyes Nawaz return, President Alvi's ouster

Rediff.com8 Apr 2022

Pakistan Muslim League-Nawaz president and Leader of Opposition in National Assembly Shehbaz Sharif, 70, who is the Opposition's candidate for the new prime minister, will announce his possible government priorities after taking the oath.

Budget making exercise starts, health outlay may get 50% boost

Budget making exercise starts, health outlay may get 50% boost

Rediff.com30 Nov 2020

Outlay for infra is also expected to see a significant increase in view of the government's Rs 111-trillion investment plan under the national infrastructure pipeline to develop social and economic infrastructure over five years.

Maha to make voter registration mandatory for students above 18 years

Maha to make voter registration mandatory for students above 18 years

Rediff.com25 Nov 2022

State Higher and Technical Education Minister Chandrakant Patil also said that the government will introduce four-year degree courses from June 2023 as mandated under the National Education Policy and the universities will have to implement the decision.

Uddhav meets Modi over Maratha quota, cyclone aid

Uddhav meets Modi over Maratha quota, cyclone aid

Rediff.com9 Jun 2021

Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.

Officer who headed 2G, CWG probes gets BJP ticket from Sarojini Nagar

Officer who headed 2G, CWG probes gets BJP ticket from Sarojini Nagar

Rediff.com2 Feb 2022

He was permanently absorbed into the ED cadre in 2014 and has headed some high-profile investigations into the 2G spectrum allocation case, the 2010 Commonwealth Games, the money laundering cases against former Union finance minister P Chidambaram and his son Karti Chidambaram, Andhra Pradesh chief minister Y S Jagan Mohan Reddy and former Jharkhand chief minister Madhu Koda, the Aircel Maxis and VVIP choppers case.

Ready for Kerala chief ministership if BJP wins: 'Metro man' Sreedharan

Ready for Kerala chief ministership if BJP wins: 'Metro man' Sreedharan

Rediff.com19 Feb 2021

He also said that the focus will be on developing infrastructure in a big way and bring the state out of the debt trap if the BJP wins the assembly polls that are likely to be held in April-May this year.

C Rangarajan cleared for Rajya Sabha

C Rangarajan cleared for Rajya Sabha

Rediff.com30 Nov 2005

UPSC takes 31 pvt sector experts as jt secretaries

UPSC takes 31 pvt sector experts as jt secretaries

Rediff.com8 Oct 2021

Minister of state for personnel Jitendra Singh said it is a major step to place the right talent for the right role.

8 new ministers in Modi cabinet have criminal cases, says NGO report

8 new ministers in Modi cabinet have criminal cases, says NGO report

Rediff.com10 Nov 2014

Eight of the newly inducted ministers in the Union cabinet have criminal cases against them, a report released by election watchdog Non-Governmental Organisation's on Monday said.

403 infra projects have cost overruns of Rs 4 lakh crore

403 infra projects have cost overruns of Rs 4 lakh crore

Rediff.com26 Jul 2020

As many as 403 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.05 lakh crore owing to delays and other reasons, according to a report.