Foreign Trade Policy: More incentives for exports, focus on ease of trading
The intial round of efforts did not achieve the objectives fully.
A lot has been written about the impact of the recommendations.
Most, save Jaitley and Venkaiah Naidu, were silent on Bihar polls; it was business as usual for the PM.
Modi govt says its economic score on all coutns is very good.
Rumours about a spike in taxes for equity investors are flying thick and fast.
'On the tax front, most of the Budget proposals are sensible'.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
'A foot-in-mouth disorder seems to grip the government, and is growing chronic by the day,' says Sunil Sethi.
Many of the industrialists profiled in the book are no longer riding the wave of success.
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
Budget was a mild disappointment. Yet, the bull run continues.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
The size of corporate fraud in India almost doubled after 2009, and such cases also increased in number, said a report from Thought Arbitrage, a think tank in Delhi.
When it comes to key hands-on management positions, India Inc is still largely run by men.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
India must change approach and have better access to networks to fulfil its digitisation dream.
The capital markets watchdog has asked the government to empower it to carry out search and seizure operations, to attach properties and to ask for information and records for all relevant entities.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
That's all it takes to protect an institution -- just one person with no past and no greed for the future, says Shekhar Gupta.
A basic problem is that the cost of spectrum and licences relative to earnings is too high.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
In the 2009 election, P Chindambaram the Sivaganga seat by a narrow margin. Then the Congress was in alliance with the ruling DMK. This time his son Karti is battling the seat with the alliance. India abstention at the UNHRC on an anti-Lanka resolution will further fuel Tamil anger against the Congress party. This leaves the finance minster sulking and his son facing an uphill political debut, says N Sathiya Moorthy.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Delhi Police claims that the FIR reveals serious cognizable corruption & cheating offences, so matter is within its jurisdiction.
'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 sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
Modi government has to come up with a robust economic agenda to impress the masses.
In the near term, the key driver will still be the government's fiscal spending.
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