Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
'We need to take steps towards ease of doing business.'
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
'On December 5, the government called unions for pre-Budget consultations.' '12 trade unions were called and the time allotted was one hour which means 5 minutes for each union.' 'We were asked to present our views in about four minutes.' 'That itself is a reflection of how serious the government is about workers' demands.'
Dr Ashwani Mahajan, all India co-convenor of the Swadesh Jaagran Manch and an associate professor at the Delhi University, discusses the state of the Indian economy in an interview with Rediff.com's Shobha Warrier.
As Modi completes a year in office, his cuts in federal welfare spending on the poorest of India's 1.25 bn people are coming in for sharp criticism.
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
'Imagine a situation where an upright officer refuses to carry out a chief minister's or a central minister's orders that he considers wrong.' 'Can he be summarily thrashed at a meeting at your residence, or in his own office?' 'If AAP legitimises political violence, there are many, many, tougher political leaders elsewhere to draw the wrong lessons,' warns Shekhar Gupta.
A raise in the I-T exemption limit has been sought by many.
Many boards insist on "proven", "experienced" directors when it comes to appointing women.
This is the Centre's highest-ever budgeted capital outlay.
Indian economy about to take-off
The Supreme Court and its committees, the two states and the central government must become objective and take the present and not just the past in mind.
It is time to take a few macroeconomic risks to kick start the growth.
'We have not seen even during Vajpayee's time what Modi and the BJP has adopted now.'
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
Tragic as it is, the submarine accident is more tactical in nature and it is the deeper strategic malaise across the board -- political, economic, security, judiciary, bureaucracy and even the media -- that has led to this dark mood of gloom and despondency, says Commodore (retd) C Uday Bhaskar.
Veterans bemoan the 'lack of intention' shown by the Modi sarkar, who seem to have reneged on their poll promise.
'When he first came to office, my belief is that the PM's reading of the landscape was that, with a vanquished Congress and fragmented Opposition, he was looking at least at two terms in office. This reading perhaps allows for a more cautious, gradual approach.' 'It was only a matter of time before the government was forced to come face-to-face with a serious corruption scandal. This is not a commentary on the BJP, but a statement about India's political economy.' 'There is growing concern about the government's commitment to freedom of expression, religious tolerance, and an independent civil society. Thus far, the positive movement on strategic and economic matters has crowded out these concerns, but they are lingering beneath the surface.'
2014 was a year for downturn for most economies across the globe.
These simple changes can add a significant thrust to your overall money management over time.
Flexibly targeting inflation is consistent with a demand stimulus, says Ashima Goyal.
'What we need from the civilian and military authorities are clear strategies rather than an emotional decision to hang terrorists on death row.'
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
For people at the bottom of the pyramid, which I would rather address as mass market or emerging class; the primary challenge in accessing banking services are not just affordability but applicability and accessibility of services.
Dinesh Patel, Utah's most high profile and influential Indian American, was conferred the Willem J Kolff Lifetime Achievement Award at BioUtah's 2013 Utah Life Science Award, the state's top science award ceremony.
Many see Nirma's Lafarge deal as some kind of second coming for the Patels.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
An industry of scamsters is operating in the guise of call centres in India.
So let's stop focusing the Modi agenda on India Inc and the capital markets, and let's start focusing on the Modi development agenda for the average Indian.
Dr Swarnim Wagle, the official behind Nepal's reconstruction strategy, speaks to Patrick Ward.
This was India's time; with a strong central bank governor and a new decisive government, anything was possible.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
Finance Minister Arun Jaitley presented the Union Budget.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
We still have time for this government to take action.
'The forces of good are on the run.' 'But dark times also challenge people to fight.' 'I believe Indians will rise against these dark times.'
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