NDA under Mr Modi is as focused on the rural poor with doles and hand-outs as the UPA under Dr Singh was.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
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.
'Farmers love cows but find it uneconomical to afford fodder expenses'
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.
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.
The Y V Reddy-headed commission said the states should use extra fiscal space for productive assets
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.
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
'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".
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 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.
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.
'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.'
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.
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.
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.
'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.'
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 Indian economy has been subsidised by the poor.'
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.
The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.
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 bamboo water bottle is priced at Rs 560 and the soap variant of 125 grams costs Rs 125 each.
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.
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.
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.
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
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.
'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.
Around 275,000 migrant labourers and their family members have returned to the state. According to the state government, this number could exceed 1 million by the end of this month. As the NDA government in Bihar is scheduled to face polls at the end of this year, providing livelihoods to these people is on the top Chief Minister Nitish Kumar's agenda.
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
In a video issued by the Health Ministry, Dr Randeep Guleria, Director of the All India Institute of Medical Sciences (AIIMS) answered commonly asked questions regarding the dosage of the vaccine saying that two doses of the vaccine will have to be taken 28 days apart and protective levels of antibodies generally would develop two weeks after the second dose.
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