'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.'
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.
Finance Minister Arun Jaitley more than halved the central government's financial support.
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.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
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.
'The Covid situation is like demonetisation.' 'People were upset with the government initially, but eventually they voted for the BJP again.'
'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.'
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
On display was India's military might and cultural diversity.
The former finance minister was in Mumbai to address Congress party's poll rallies.
'After Vajpayee-Advani, Modi-Shah is the second best in India.'
While Rajnath Singh said secularism was the most misused word in politics, Sonia alleged that ideals and principles of the Constitution were under threat and being attacked deliberately
The Centre's programmes of maternity benefit and Child Protection Services also got a major boost in the Budget.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
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.
Limited IT staff may compel them to focus on big fish than small depositors.
'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.
India Inc is encouraged by a determined Budget.
Dr Raghuram Rajan's departure holds lessons for all, be it sections of the media, politicians or the people themselves. We need to learn how to value and retain talent. At the same time the talented must realise that talent alone does not ensure the top job, says Sanjeev Nayyar.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
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.
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
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
Chief Economic Advisor Arvind Subramanian's interview.
The best investment schemes fail if they don't offer incentives to intermediaries to push investors.
'Under Modi Ji's 'Jan Dhan Loot Yojana', another scam!' he tweeted.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
'The only narrative before India is what Modi and the BJP is presenting.' 'Nationalism has been taken as a serious plank by the BJP and RSS.' 'They want to keep the nationalism thing alive to make people forget the economic reality.'
Modi government has to come up with a robust economic agenda to impress the masses.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
'By resorting to divisive issues, the BJP is giving the impression that even if it is voted to power it won't do anything new to give Bihar a facelift. It will repel voters with the belief that the BJP can't do anything without communal polarisation as its core ideology. This is sad and unfortunate,' says Mohammad Sajjad.
'Change is the rule of politics.'
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Modi said there was a time when families would celebrate getting gas connections as if they have got home a Mercedes.
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