Market linking of petrol and diesel prices has helped the industry.
NDA under Mr Modi is as focused on the rural poor with doles and hand-outs as the UPA under Dr Singh was.
'Farmers love cows but find it uneconomical to afford fodder expenses'
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.
The Y V Reddy-headed commission said the states should use extra fiscal space for productive assets
To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.
Accusing the Bharatiya Janata Party's prime ministerial candidate Narendra Modi of "lecturing" as if he was the "cleanest of them all", Congress President Sonia Gandhi today advised him to read history again to know about the party's contribution in transforming the country since Independence from a poor state to a progressive nation.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
This is the full text of Prime Minister Manmohan Singh's address to media persons ahead of his interaction with them in New Delhi on Friday
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
'There is no money with the villagers as there is little work.'
Congress Vice-president Rahul Gandhi, in an interview to a leading daily, has stated that he is "ready to take charge".
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
A programme that endeavours to graduate the poorest people could have seminal implications for Prime Minister Narendra Modi's government.
A good agricultural harvest and a timely arrival of monsoon, besides a slew of government schemes, have also come as a bounty.
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
The number of centrally sponsored schemes have increased to 35 in FY22 from 30 in FY21 and central sector schemes have increased to 704 from 685 in the previous year, reports Dilasha Seth.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
The government is doing things in agriculture that count for little, says Shreekant Sambrani.
'It is just an excuse to say that the Centre has run out of money.' 'Pruning these schemes would mean hard time for the people of India.'
Instructions from the Union rural development ministry to the state officials on the WhatsApp group show that the chat was also used as an off-record avenue for the Union government to pass instructions, which it could not have done through formal channels, keeping the law in mind.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya.
'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'
'The Indian economy has been subsidised by the poor.'
Mandates have been handed out to staffing solutions companies such as Randstad India and TeamLease, officials at these firms have said, as players increasingly push into rural areas to capitalise on the uptick in the hinterlands.
The total rainfall till now is not only deficient, but is also erratic in terms of both geographical spread and timings.
Modi also pitched for a social movement to ensure the safety of women and girls.
The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
Finance minister Nirmala Sitharaman on Wednesday exuded confidence that inflation would further decline and the government is on track to meet its budgetary target for deficit and said that there is no fear of stagflation in India. Replying to the debate on first batch of Supplementary Demands for Grants 2022-23 in Lok Sabha, the finance minister said inflation has come down and it is now in the tolerable band of the RBI. Inflation has been declining since April 2022 and it is declining further, she said.
The bamboo water bottle is priced at Rs 560 and the soap variant of 125 grams costs Rs 125 each.
Gandhi said for the first time he has seen that all sections of the society in the state were 'protesting', whether it was the Patidars, Dalits, anganwadi workers or farmers.
By any economic theory or doctrine, this is no Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus, declares Rathin Roy.
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
'Young Dalits are looking for better educational opportunities, more job avenues in the private sector, which need not necessarily mean job quotas, but a more welcoming corporate world that offers a liberated social environment, essentially a new India.'
Khajura Ram fears more the impact of an uneven monsoon on wheat, chana and mustard, sowing for which, he says, starts immediately after Diwali.
The ministry further stated that it was advisable to receive a complete schedule of the anti-coronavirus vaccine irrespective of past history of infection with COVID-19 as this will help in developing a strong immune response against the disease.
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
The government will announce minimum support prices for kharif.
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