The National Highways Authority of India will this year witness the highest ever growth out of the last decade. But Gadkari himself admits his biggest failure as India's roads minister has been his inability to curb loss of life in road accidents.
An apple a day may not keep the doctor away, according to a new research which found that daily apple eaters had just as many doctor visits as those who did not regularly eat the fruit.
The independent institute advising the PM on jobs seems to have missed the point that the challenge is to create net additional jobs, says Mahesh Vyas.
India's network has expanded at a compound annual rate of around 4% which has added more than 4.8 km of additional roads since 1951, but even so the network remains badly underdeveloped
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
India's external debt rose by almost 13 per cent to $390 billion in 2012-13, mainly due to an increase in short-term trade credit and external commercial borrowings amid a high current account deficit.
The greatest disconnect lies in the estimates of industrial growth.
Softening inflation, Das said would make available more policy space to the central bank to address risks to the growth going forward.
Clearly, the extra borrowing of Rs 4.2 trillion the government has planned so far will not be enough to meet the shortfall in revenues which could be between Rs 8 trillion and Rs 10 trillion, points out A K Bhattacharya.
The scheme, which would give Rs 6,000 to small farmers in a year or Rs 500 a month, will add more money to the account of these cultivators than the money he/she saves every month on an average.
If anything has become clear during this campaign, it is this: Mr Modi can bat on almost any wicket and hit the ball over the ropes, points out T N Ninan.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
One in five students drop out from school.
India Inc said policymakers should take doable steps to revive fixed investments and production of capital goods
The government on Tuesday termed as "misplaced" superstar Aamir Khan's comments on growing intolerance, saying such statements only bring disrepute to the country as well as Prime Minister Narendra Modi.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Ten people, including the gunman were killed in in Dayton's Oregon district, while another 20 were shot dead at a crowded Walmart store in the southern border town of El Paso in Texas.
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
'If we vaccinate quickly, it could be pushed to January, February, and the longer it can be pushed, the smaller the wave is likely to be, because by that time vaccination will scale up.'
RBI Governor Shaktikanta Das on Friday said that inflation is on a declining trajectory, as it has fallen by 170 basis points from its January 2020 peak. Retail inflation fell to four-month low of 5.91 per cent in March over the previous month, mainly due to easing food prices.
Improved performance of manufacturing, services and trade sectors helped boost GDP
Many feel that the money from their MPLADS should go directly to a district hospital in their respective constituencies rather than a central fund like PM CARES. Archis Mohan reports.
Up to 90 per cent of the decrease in potential food production is linked to smog, made up of black carbon and other pollutants.
The Economic Survey was tabled in the Parliament on Friday.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
The new numbers show India's economic growth rate averaged 6.7 per cent during the Congress-led United Progressive Alliance regime as compared to 7.3 per cent under the present government. Previous numbers had put the average growth rate during the 10-year UPA rule at 7.75 per cent.
A 6 per cent swing in favour of Biju Janata Dal appeared to have catapulted the regional party to a landslide victory in simultaneous Lok Sabha and assembly polls in Odisha where it stormed back to power for the fourth consecutive term.
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
India has undermined its own credibility.
Summary of sports events and persons who made news on Sunday
China's economy picked up pace notching up 7.4 per cent year on year growth in the first half of 2014, the National Bureau of Statistics (NBS) said on Wednesday.
Some believe the shift to mobile-based transactions will be seamless considering that the urban tele-density is 148%. In rural areas, it is touching 51%. But smartphone penetration in India is a mere 12%. Growth of mobile money has been extremely slow: It is currently 1%.
Even in this darkest hour of a crumbling economy and raging disease, there is hardly a murmur of protest against the government, observes Sumit Bhattacharya.
'This is a tragedy that must be stopped.'
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
President Pranab Mukherjee on Tuesday said that justice should not only be delivered in time but must also be accessible to the most marginalised of the society.
'Without reviving employment, consumer confidence will not go up.'
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
