He said while the previous UPA government hid the bad loans, his government has properly recognised them and brought tough laws to deal with defaults and recovery money.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
India has undermined its own credibility.
Swaraj emphasised that the UN must accept it needs fundamental reform.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
'Whoever whispered in his ears that go for demonetisation, misled him completely' and the PM lacked the sagacity to know that it would not work, Yashwant Sinha tells Archis Mohan.
Many things could play spoilsport for the Indian economy.
The Union home ministry and the labour ministry have asked state governments to coordinate with the chief labour commissioner's (CLC's) office to give a comprehensive data of all the migrant workers by April 11.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
The success of the government will depend substantially on the quality of its team of key ministers, officials and advisors
Control over PSU banks is what is allowing the government to drive this scheme.
Narendra Modi was both conciliatory and mocking towards the Opposition, particularly Congress, during his hour long reply to the debate on the motion of thanks to the President's address in the Upper House.
The government has provided no official explanation behind the note ban that is backed by hard data, says Debashis Basu.
'Life will not improve overnight; it will happen in a gradual manner.'
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
'A drought is like a fire. It licks everything in its wake - crop, trees, animals, humans...' The plains of the Ganga in Bihar have a raw, unmatched, beauty, but also bear the anguish of its farmers.
The government is following a path where it will not be irresponsible or profligate with public money but will intervene in the interest of the poor
Finance Minister Arun Jaitley more than halved the central government's financial support.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
'After Vajpayee-Advani, Modi-Shah is the second best in India.'
'Modi as chief minister did a superb job of rehabilitation after the Kutch earthquake of 2001. He can use that hard-earned expertise for the benefit of the people of Kashmir too -- but only if they let him do so,' says T V R Shenoy.
The Centre's programmes of maternity benefit and Child Protection Services also got a major boost in the Budget.
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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.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
Supreme Court allows more instruments to use the biometric card.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
On display was India's military might and cultural diversity.
Swadeshi economist, columnist and chartered accountant S Gurumurthy speaks to Shobha Warrier about one year of Modi Sarkar.
'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
Agriculture, social services, education, defence and so on will be brought into the digital fold and every gram panchayat will be connected to the internet.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
The Economic Survey was tabled in the Parliament on Friday.
'In a country like ours, people talk about wanting to be like Singapore, but when it comes to paying taxes, they start criticising.' 'The medicine is bitter, but the long term effect is good,' Senthil Natarajan, who runs Kovai Pazamudhir Nilayam, a one of its kind fruit and vegetable chain in Tamil Nadu, tells Rediff.com's Archana Masih.
Partial dismantling of subsidies, movement towards a more transparent policy on natural resources and moves to make India more inviting for foreign investors, are some of Modi government's big achievements.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
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