News for 'Finance Commission'

Liberalization: How Dr Singh Convinced Narasimha Rao

Liberalization: How Dr Singh Convinced Narasimha Rao

Rediff.com2 Jan 2025

'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'

Maharashtra Oppn questions short 35-day runup to elections

Maharashtra Oppn questions short 35-day runup to elections

Rediff.com15 Oct 2024

Lok Sabha polls held over 5 phases so why hold assembly elections in single phase, asks Oppn.

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Rediff.com7 Aug 2019

Sources in the Fifteenth Finance Commission said that they will implement the provisions after the bill is enacted and the President makes a reference to it.

Shocking! How a govt treats a commission of inquiry

Shocking! How a govt treats a commission of inquiry

Rediff.com1 Feb 2020

'The circumstances indicate that the government is not serious about the commission...' '...We are not at the mercy of the government.'

45 specialists to join Modi govt in major lateral entry push

45 specialists to join Modi govt in major lateral entry push

Rediff.com17 Aug 2024

Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.

'Democracy is at risk, its pillars are getting weakened'

'Democracy is at risk, its pillars are getting weakened'

Rediff.com30 Oct 2023

'I wonder how people who come to power through democratic means turn out this way.' 'But people of India are strong, and those who think they can hoodwink people, are mistaken.' 'You can fool some people for some time, but not all people, all the time.'

The Worrying Decline Of PSU Capex

The Worrying Decline Of PSU Capex

Rediff.com23 Feb 2023

The government must expedite its plan for asset sale and privatisation, both of which hardly got any mention in the Budget speech, points out A K Bhattacharya.

SC likely to set up a body to look into 'serious issue' of freebies

SC likely to set up a body to look into 'serious issue' of freebies

Rediff.com3 Aug 2022

The Supreme Court on Wednesday asked stakeholders like the Centre, Niti Aayog, Finance Commission and the Reserve Bank of India, to brainstorm on the 'serious' issue of freebies announced during elections and put forth 'constructive suggestions' to tackle it, saying no political party will oppose such handouts or like to debate it in Parliament.

Why Did Naidu Meet Modi?

Why Did Naidu Meet Modi?

Rediff.com5 Jul 2024

According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.

'Human Beings Are Like Trees, We Keep Growing Till...'

'Human Beings Are Like Trees, We Keep Growing Till...'

Rediff.com30 Jan 2025

'Your relationship with your child is changing every single day, ditto your relationship with your parents.'

Electoral bonds: Who is lottery king Santiago Martin?

Electoral bonds: Who is lottery king Santiago Martin?

Rediff.com15 Mar 2024

Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368, according to data uploaded by the Election Commission of India on its website on Thursday.

'Only If There Is Chamatkar Can BJP Win Delhi'

'Only If There Is Chamatkar Can BJP Win Delhi'

Rediff.com4 Feb 2025

'Till the BJP does not understand Kejriwal they cannot win Delhi.'

Boxing body accuses IOC of 'abusive behaviour' in Olympic market

Boxing body accuses IOC of 'abusive behaviour' in Olympic market

Rediff.com8 Oct 2024

The International Boxing Association (IBA) urged its national federations on Monday to join legal action in Switzerland against what it called the "abusive behaviour" of Olympic organisers.

Delhi Lt Guv sacks 223 DCW employees hired 'without due procedure'

Delhi Lt Guv sacks 223 DCW employees hired 'without due procedure'

Rediff.com2 May 2024

An order was issued to terminate 223 contractual employees of the Delhi Commission of Women after Lieutenant Governor V K Saxena gave his nod to a proposal on it, officials said on Thursday.

Why have thousands of kindergartens shut down in China?

Why have thousands of kindergartens shut down in China?

Rediff.com27 Oct 2024

In 2023, the number of kindergartens fell by 14,808 to 274,400, the annual report by the Chinese education ministry stated. It is the second consecutive annual decline in the latest indicator of China's falling birth rates.

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

Investment Commission gets nod

Investment Commission gets nod

Rediff.com27 Oct 2004

The government on Wednesday cleared the setting up of an Investment Commission to woo foreign as well as domestic investors for major projects in the country.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

Why Nehru had set up the Planning Commission

Why Nehru had set up the Planning Commission

Rediff.com15 Aug 2014

The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.

India pitches for more info sharing on int'l payments

India pitches for more info sharing on int'l payments

Rediff.com11 Sep 2024

India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF), so that the sender and recipient in a cross-border financial transaction can be easily identified and the information shared with law enforcement agencies. Separately, the inter-governmental group, which sets standards to curb money laundering, will release the fourth round of its mutual evaluation report on India on September 19. FATF in June had adopted the mutual evaluation report on India and placed the country in the "regular follow-up" category - the highest rating given by the global watchdog and a distinction shared by only four other G20 countries.

NHAI drafting new financing plan

NHAI drafting new financing plan

Rediff.com4 Jan 2011

After the Planning Commission rejected its financing plan for the second time, the National Highways Authority of India (NHAI) is preparing a new draft plan. The earlier proposals were rejected citing that NHAI would find it difficult to borrow funds from the market.

Noted economist BPR Vithal passes away

Noted economist BPR Vithal passes away

Rediff.com19 Jun 2020

Vithal, a 1950-batch IAS officer, died early on Friday morning due to old age ailments, his son Sanjay Baru, media advisor to former prime minister Manmohan Singh, told PTI.

Interview with Planning Commission Deputy Chairman

Interview with Planning Commission Deputy Chairman

Rediff.com2 Mar 2013

'I do not believe that you would have a booming economy when you go into elections if you had a budget which did not answer the fiscal deficit concerns.'

Govt to borrow about Rs 12 lakh cr in FY22: FM

Govt to borrow about Rs 12 lakh cr in FY22: FM

Rediff.com1 Feb 2021

Sitharaman also said states will get 41 per cent share of taxes as per the 15th Finance Commission recommendation and the government has accepted the recommendation.

Chidambaram favours downsizing Planning Commission

Chidambaram favours downsizing Planning Commission

Rediff.com20 Jun 2014

Chidambaram, who is also senior spokesperson of Congress, said at the AICC briefing.

Sitharaman to ensure 'Ease of Living' during Modi 3.0

Sitharaman to ensure 'Ease of Living' during Modi 3.0

Rediff.com12 Jun 2024

Nirmala Sitharaman on Wednesday assumed charge as the Finance and Corporate Affairs Minister for the second consecutive term and is slated to soon present the final Budget for FY '25 that is going to set the tone for the Modi 3.0 government's priorities and direction for Viksit Bharat. Upon her reaching the North Block office, Sitharaman was greeted by Finance Secretary T V Somanathan and other top officials. Minister of State for Finance Pankaj Chaudhary was also present. Chaudhary assumed charge on Tuesday evening.

Khelif ensures Algeria boxing medal amid gender row

Khelif ensures Algeria boxing medal amid gender row

Rediff.com3 Aug 2024

Imane Khelif beat Hungary's Luca Anna Hamori by unanimous decision in a welterweight quarter-final fight at the Paris Games on Saturday to ensure Algeria's first Olympic boxing medal since 2000.

What's Modi Up To?

What's Modi Up To?

Rediff.com24 Apr 2024

No government in the past initiated the process of policy making for its next tenure even before going in for elections. Once the Model Code of Conduct is enforced by the Election Commission, should the government of the day refrain from taking an active interest in policy making for the next five years and let that be the function of the new government?, asks A K Bhattacharya.

SC summons CS, fin secretaries of 16 states over pay report non-compliance

SC summons CS, fin secretaries of 16 states over pay report non-compliance

Rediff.com11 Jul 2024

Though seven opportunities have been granted to the states, it appears that full compliance has not been affected and several states are in default, it said.

India To Go For Small Modular Reactors

India To Go For Small Modular Reactors

Rediff.com1 Nov 2024

The Indian government has come out with a nice name for its tried and tested 220MW pressurised heavy water reactor -- Bharat Small Reactor.

Shah, Adhir, Azad on 8-member simultaneous poll panel led by ex-Prez Kovind

Shah, Adhir, Azad on 8-member simultaneous poll panel led by ex-Prez Kovind

Rediff.com2 Sep 2023

Law Minister Arjun Ram Meghwal will attend the meetings of the committee as a special invitee, while legal affairs secretary Niten Chandra will be secretary to the panel.

BCCI unfazed by Law Commission's RTI recommendation

BCCI unfazed by Law Commission's RTI recommendation

Rediff.com18 Apr 2018

The Board of Control for Cricket in India's top brass is not overtly perturbed by Law Commission's recommendation of bringing the richest sporting body of the country under the Right To Information (RTI) ambit.

'Errant Policemen Must Be Punished'

'Errant Policemen Must Be Punished'

Rediff.com13 Aug 2024

'This government is not in the hands of M K Stalin but in the hands of the bureaucracy -- the IAS and IPS.'

Ajit Pawar skips visit to RSS founder's memorial

Ajit Pawar skips visit to RSS founder's memorial

Rediff.com31 Aug 2024

Nationalist Congress Party leader and Maharashtra Deputy Chief Minister Ajit Pawar on Saturday didn't join his cabinet colleagues Devendra Fadnavis and Chief Minister Eknath Shinde in visiting the Nagpur-based memorial of the Rashtriya Swayamsevak Sangh founder.

What is the future of GST?

What is the future of GST?

Rediff.com30 Jul 2019

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.

Majority of states to gain because of FinCom report: Jaitley

Majority of states to gain because of FinCom report: Jaitley

Rediff.com16 Mar 2015

The FinCom has recommended a record 10% increase in states' share.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

Terror financing: ED charges separatist leader Shabir Shah's wife

Terror financing: ED charges separatist leader Shabir Shah's wife

Rediff.com17 Sep 2020

The probe agency named her as an accused in its supplementary charge sheet filed in the case on Wednesday. Additional Sessions Judge Dharmender Rana will take up the matter for on November 10.

AG finds irregularities worth crores in Naxal-hit Bastar area

AG finds irregularities worth crores in Naxal-hit Bastar area

Rediff.com28 Jan 2014

Various alleged administrative and financial irregularities worth crores have been pointed out in execution of development works in worst Naxal-hit Bastar district of Chhattisgarh by state Accountant General.