Rural budget set to increase; likely to enhance market linkages for agri commodities
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
The government last fiscal missed its direct tax collection target, and for this financial year it has set a higher revenue mobilisation goal of Rs 13.80 lakh crore.
The Supreme Court on Friday asked the Centre to release funds for MNREGA and to pay compensation to farmers in drought-affected areas.
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
He also rejected reports that have hinted possible increase in coronavirus cases due to migrants and asked, "Did corona not spread at places where migrants were not there?"
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
Dismissing the contention that the decline in inflation was on account of the steps taken by the NDA government, Chidambaram said he wanted to know, 'what measures were taken by the government that contributed to decline in inflation rates.'
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
The Budget has stuck to annual increases in agri credit targets.
The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.
Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.
Experts say the party is undoing what it achieved through MNREGA by targeting beneficiaries
The construction sector is now India's second-largest employer after agriculture, the trend coinciding with India's high-growth phase and decline in poverty levels
Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.
If you want to take revenge on me, you do it. I have no problem. But the poor of Amethi have done you no harm. They should be treated well," said Rahul.
Rahul Gandhi on Thursday conceded the words he had chosen to trash the ordinance on convicted lawmakers might have been wrong but not his sentiment.
Targetting Prime Minister Narendra Modi over his 'failure' to bring back black money in 100 days after coming to power, former Bihar chief minister and senior Janata Dal-United leader Nitish Kumar on Thursday asked the former to explain to the people of country about when the amount of Rs 15 lakh would be deposited in every bank account as promised by him.
Leader of Opposition in Kerala Assembly Ramesh Chennithala demanded a judicial probe into the circumstances that led to opening of shutters of 40-odd dams at a time in the state.
The finance minister said the economy had been slowing.
When KV Thomas took over as minister of state for food and consumer affairs (independent charge) on January 19, 2011, he was tasked with taking forward one single, important objective: expedite the implementation of the National Food Security Bill.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.
In its third video uploaded on YouTube, RIL said the Cabinet had decided on June 27, 2013, to revise natural gas prices for public and private producers from April 1 and notified the decision on January 10, about two months before the schedule for general elections was announced on March 5.
According to reports, public transport and banking services remain partly disrupted for the second day in some states.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
The World Bank's latest review of its purchasing power parity (PPP) baseline will reignite the poverty debate.
Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.
If only the Congress could rebuild on its strengths and develop a modern enough ideology, we could again be moving towards a clearer two-party political landscape, asserts Shekhar Gupta.
Data captured in central government records have a lag.
The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
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.
In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.
Economist Arvind Panagariya is the vice-chairman of NITI Aayog, while economist Bibek Debroy and scientist V K Saraswat are the two full-time members of the Aayog.
Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.
Political economist Jayanta Roy Chowdhury analyses the 2016 West Bengal assembly election results.
Market linking of petrol and diesel prices has helped the industry.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances