'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
Modi launched the membership drive of the ruling Bharatiya Janata Party from his Lok Sabha constituency of Varanasi on Saturday, noting that it will further connect people from all walks of life with the saffron party.
Amid a war between Russia and Ukraine, Prime Minister Narendra Modi on Thursday said India's several needs are connected to the involved countries but it is on the side of peace and hopes that all problems get resolved through dialogue.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
Some members held placards of news reports about unemployment figures.
After Finance Minister Arun Jaitley presented his fifth straight budget in the Lok Sabha, Bharatiya Janata Party members and ministers from the Cabinet reacted positively to the Budget. Here are some of the reactions.
'That Modi and the BJP can continue to treat the rising and expanding middle class this way shows that they have gamed its mind quite perfectly,' argues Shekhar Gupta.
President Murmu reached the new Parliament building in a six-horse buggy accompanied by the Presidential Bodyguards riding horses.
The Upper House was earlier adjourned twice in the afternoon session when it took up the discussion on the Budget after Prime Minister Narendra Modi finished his speech on the motion of thanks on the President's address and the motion was passed.
The Bharatiya Janata Party leadership in Himachal Pradesh is making efforts to mollify party leaders who are disgruntled over distribution of tickets to six Congress rebels for the assembly bypolls, former chief minister Prem Kumar Dhumal said on Tuesday.
Without making two-thirds of the country's population a development partner, India's prosperity is impossible, the Congress leader added.
Rajya Sabha Chairman Jagdeep Dhankhar's decision to allow Singh to speak on the Bharat Ratna honour to Charan Singh drew sharp protest from the Congress, leading to a heated exchange of words between the opposition and the treasury benches.
This is the first time that the House is meeting after the BJP's overwhelming victory in the recent series of assembly elections held in February-March.
Among the handful of countries with large defence budgets and armed forces, India is matched only by Saudi Arabia in the level of its import dependence. For revenge to be served cold, go beyond import bans and correct these long-term failures -- if we're up to it, notes T N Ninan.
Thank you, Mr Prime Minister, for bringing colour to our colourless, drab, despair-ridden lives.
Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.
Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.
Modi said that he wanted a vast and qualitative discussion on financial issues in both the houses.
Last year, Sitharaman had ditched the long-standing tradition of carrying budget documents in a leather briefcase and went swadeshi with a 'bahi-khata'.
Whether this remains under control in the coming months will depend on the future intensity and spread of the Russia-Ukraine war, and the effectiveness of the Indian government's response, points out A K Bhattacharya.
Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said. Prices vary from state to state depending on the incidence on local taxes.
While Modi had a party and an organisation that supported him, all Mulayam, a self-made man with no inheritance in politics, had was a set of (fairly flexible) beliefs.
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
The interim Budget has attempted to tick all the boxes that could help the Modi government return to power, reports Archis Mohan.
She recited a Kashmiri verse, which was part of a poem by Sahitya Akademi award winner Pandit Dinanath Koul. She rendered the verse in both Kashmiri and Hindi. Besides, the minister quoted woman Tamil poet Avvaiyar, Tamil poet Thiruvalluvar, a verse from Raghuvamsa by Kalidasa, as well as late finance minister Arun Jaitley while talking about the Goods and Services Tax (GST).
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
FinMin has already sought inputs from different central ministries for the Budget speech, which would be the last Budget of the current BJP-led NDA government before the 2019 general polls.
Education, jobs, health and more: Experts share their wishlist.
Rural outlay may go up 23% to reduce pains of demonetisation
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
Sources in the Rural Development Ministry said the actual expenditure incurred in 2020-21 will be higher than the allocated funds and it will at least be at par with this year's total estimated expenditure of MGNREGS.
Modi's critics will say that he has put up cement and steel structures, but weakened the institutions of governance whereas Nehru strengthened them, observes T N Ninan.
FM is likely to raise tax slabs.
Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Blame the voter, who invariably chooses the promise of hand-outs today in preference to a vague promise of, say, better schools tomorrow. Getting the Supreme Court to issue an edict, or Parliament to pass a law, is no solution, observes T N Ninan.
Boxer-cum-politician Vijender Singh has said he has no qualms about admitting that he has paid an emotional price for the decision to make a political switch from the Congress to the BJP, but insisted that he had his reasons to do so.
'Investors need to be stock specific and should not rush to buy stocks at the current levels.'
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
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