News for 'Finance Commission'

Gehlot, Raje, Chandrabhan file nominations for Raj polls

Gehlot, Raje, Chandrabhan file nominations for Raj polls

Rediff.com11 Nov 2013

Rajasthan Chief Minister Ashok Gehlot, state Bharatiya Janata Party chief Vasundhara Raje and Pradesh Congress Committee president Chandrabhan were among 861 candidates who filed their nomination papers for the Assembly elections on Monday.

Budget 2017-18 could be populist in nature

Budget 2017-18 could be populist in nature

Rediff.com12 Dec 2016

The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.

Modiji, A Sure Shot Way To Win 2024

Modiji, A Sure Shot Way To Win 2024

Rediff.com12 May 2022

Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.

Assam: Gogoi wants more funds, not visits by Union ministers

Assam: Gogoi wants more funds, not visits by Union ministers

Rediff.com27 Jun 2015

Assam chief minister Tarun Gogoi has stated that backward state of Assam and the Northeast region as a while need more fund from the Centre instead of frequent visits of Union ministers, a new and unprecedented trend since Independence.

Delhi court acquits Pak national among 5 Lashkar members in terror case

Delhi court acquits Pak national among 5 Lashkar members in terror case

Rediff.com10 May 2022

The judge said the prosecution failed to prove that the accused were members of a terrorist organisation.

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.

PM Modi asks judiciary to avoid 'perception-driven' verdicts

PM Modi asks judiciary to avoid 'perception-driven' verdicts

Rediff.com5 Apr 2015

Advising judiciary to avoid "perception-driven" verdicts, Prime Minister Narendra Modi on Sunday said it should have an internal mechanism of "self-assessment" as judges are considered "divine" and seldom face any criticism unlike the political class.

What does the future hold for NaBFID?

What does the future hold for NaBFID?

Rediff.com21 Dec 2021

This month, advertisements for managing directors and the senior management team for the National Bank for Financing Infrastructure and Development or NaBFID, should be out, signalling the start of a financial institution (FI) like no other the country has ever had. For this and other reasons government managers associated with the NaBFID project are convinced it should remain a 100 per cent government-owned entity. This is somewhat different from what former economic affairs secretary Tarun Bajaj said when the NaBFID Bill was being tabled in Parliament earlier this year: "To begin with, it will be 100 per cent government owned.

AMU's Governance Structure Is Democratic, Not Divine

AMU's Governance Structure Is Democratic, Not Divine

Rediff.com18 Mar 2023

These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.

How loan waivers will hurt the states

How loan waivers will hurt the states

Rediff.com27 Dec 2018

Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.

'BJP was not fighting Congress or JD-S, but the very idea of Karnataka'

'BJP was not fighting Congress or JD-S, but the very idea of Karnataka'

Rediff.com16 May 2023

'By design or default, the BJP's election strategy militated against the very essence of Karnataka politics and the idea of Karnataka.'

Gross tax to GDP ratio dips to 10.9% in FY'19: Survey

Gross tax to GDP ratio dips to 10.9% in FY'19: Survey

Rediff.com4 Jul 2019

Revenue buoyancy of GST will be key to improve the resource position of both central and state governments.

MFs Expect Sebi To Tighten Norms Further

MFs Expect Sebi To Tighten Norms Further

Rediff.com2 Apr 2022

'Looking at the speed at which changes were made post the Franklin Templeton issue, we are awaiting more stricter norms in the months to come.'

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.'

'Political situation in Punjab has been somewhat volatile'

'Political situation in Punjab has been somewhat volatile'

Rediff.com26 Apr 2023

'The politics that is now being played in Punjab doesn't contribute towards peace and tranquillity.'

Why Budget 2020 will be different

Why Budget 2020 will be different

Rediff.com1 Jan 2020

In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.

Rs 3,726 cr allocated for 1st ever digital census: FM

Rs 3,726 cr allocated for 1st ever digital census: FM

Rediff.com1 Feb 2021

Sitharaman also said the government is also working on a national language translation initiative.

Nirmalaji must wield the whip. Often

Nirmalaji must wield the whip. Often

Rediff.com18 Feb 2021

'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.

India Needs To Shift To Modern Economics

India Needs To Shift To Modern Economics

Rediff.com17 Oct 2022

Old ideas contained in the heads of old economists still dominate. That's not good, asserts T C A Srinivasa Raghavan.

Niti Aayog meet: PM Modi bats for 'Team India' amid attacks from non-BJP CMs

Niti Aayog meet: PM Modi bats for 'Team India' amid attacks from non-BJP CMs

Rediff.com17 Jun 2018

Chief ministers of states like Andhra Pradesh, Kerala and Karnataka were among those who raised the issue of loan waver scheme for farmers.

SC to hear electoral bonds, FCRA, bringing parties under RTI pleas separately

SC to hear electoral bonds, FCRA, bringing parties under RTI pleas separately

Rediff.com31 Jan 2023

A bench comprising Chief Justice of India DY Chandrachud and Justice PS Narasimha said the petitions raise three separate issues and hence, the need to hear them separately.

'Narasimha Rao was a prime minister with an open mind'

'Narasimha Rao was a prime minister with an open mind'

Rediff.com2 May 2023

'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'

PM announces Rs 1,000 cr for cyclone relief in Odisha, Bengal, Jharkhand

PM announces Rs 1,000 cr for cyclone relief in Odisha, Bengal, Jharkhand

Rediff.com28 May 2021

Prime Minister Narendra Modi on Friday reviewed the post-cyclone situation and damages caused by Cyclone Yaas in the state at a meeting in Bhubaneswar where Odisha government demanded long term solutions to mitigate problems of repeated cyclones and provision of disaster resilient power systems.

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.

GST: Centre plans 3-year compensation for states

GST: Centre plans 3-year compensation for states

Rediff.com13 Oct 2014

States' demand for 5 years and Constitutional provision ruled out

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Rediff.com18 May 2023

There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.

'There will be social unrest in India'

'There will be social unrest in India'

Rediff.com6 Feb 2015

'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'

'Shivakumar is yet to grow as mass leader'

'Shivakumar is yet to grow as mass leader'

Rediff.com16 May 2023

'The BJP's defining character is Hindutva. The party's political strategy is based on a combination of Hindutva+Development.'

Pak will remain on its terror 'grey list': FATF

Pak will remain on its terror 'grey list': FATF

Rediff.com22 Oct 2021

Pakistan will remain on the 'grey list' of the Financial Action Task Force (FATF) until it further demonstrates that action is being taken against Jamaat-ud-Dawah chief Hafiz Saeed and Jaish-e-Mohammed founder Masood Azhar who are listed as global terrorists by the United Nations, the global anti-money laundering and terror financing watchdog said on Thursday.

Will Govt Cut PSBs Loose?

Will Govt Cut PSBs Loose?

Rediff.com28 Jul 2022

Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.

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.

Russia admits to 'significant' troop losses in Ukraine war

Russia admits to 'significant' troop losses in Ukraine war

Rediff.com8 Apr 2022

Kremlin spokesman Dmitry Peskov briefly admitted that Russia had suffered a 'significant' loss of its troops in Ukraine, calling the casualties 'a huge tragedy' for the country in an interview with Sky News.

How India can gradually reduce fiscal deficit

How India can gradually reduce fiscal deficit

Rediff.com23 Oct 2014

Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.

'Soon, Uddhavji will only be left with darbaris'

'Soon, Uddhavji will only be left with darbaris'

Rediff.com28 Jul 2022

'Very soon you will hear the news of two more MLAs from Uddhavji's side joining our camp.' 'And once the Supreme Court verdict comes out, there will be a waterfall.'

SC orders fresh norms for providing ex gratia to kin of Covid victims

SC orders fresh norms for providing ex gratia to kin of Covid victims

Rediff.com1 Jul 2021

The Supreme Court on Wednesday directed the National Disaster Management Authority (NDMA) to issue fresh guidelines for providing minimum standards of financial help to families of those who lost their lives to COVID-19.

What Modi can do to tackle slowdown

What Modi can do to tackle slowdown

Rediff.com1 Nov 2019

'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.

Budget: Rs 4.78 lakh crore allocated for defence

Budget: Rs 4.78 lakh crore allocated for defence

Rediff.com2 Feb 2021

Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.

HC refers to Nehru, Robespierre while denying bail to Umar Khalid

HC refers to Nehru, Robespierre while denying bail to Umar Khalid

Rediff.com18 Oct 2022

"The very fact that Pandit Jawaharlal Nehru believed that democracy has made revolution superfluous after independence and how it meant the complete opposite of a bloodless change," it said.

Challenges before NITI Aayog's Suman Bery

Challenges before NITI Aayog's Suman Bery

Rediff.com14 Jun 2022

The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.

483 infra projects show cost overruns of Rs 4.43 lakh cr

483 infra projects show cost overruns of Rs 4.43 lakh cr

Rediff.com22 Aug 2021

As many as 483 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.43 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,781 such projects, 483 reported cost overruns and 504 were delayed.