'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
This was India's time; with a strong central bank governor and a new decisive government, anything was possible.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
Prime Minister Narendra Modi has managed to pull off what was unimaginable a year back -- adopting a much-needed centre-left approach, says Devanik Saha.
Trump aides, who participated in the two-day talks held at the US President's Mar-a-Lago resort in Florida, described the meetings as productive and said the two leaders exhibited "positive" chemistry.
'No right thinking student of politics can name one state where the BJP gains in double digits.'
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
If things work out, it will be a great leap forward in the Indian-Iranian economic ties in the new phase of Iran's reintegration with the world market following the lifting of sanctions, says Ambassador M K Bhadrakumar.
The 10-year UPA rule came under sharp attack in the BJP's National Council meeting in on Saturday, which unveiled the new government's future plans and policy prescription in domestic and foreign affairs arena in a political resolution, which hailed the "strong and able" leadership of Narendra Modi.
Non-Congressism is the answer to India's current difficulties, says Dr Shambhu Shrivastava, who gives a historical perspective of non-Congress experiments in 1967, 1977, 1989 and 1998.
As many as 11,500 startups would come up in the country employing over 2,50,000 people by 2020, according to key findings of India Start-up Report 2014 of industry body Nasscom.
Global investor and author Jim Rogers, who recently sold his India investments, talks about his disappointment with Prime Minister Narendra Modi's economic reforms, why he is betting big on the US dollar and the Chinese Renminbi and what will bring him back to India some day.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
Finance Minister Arun Jaitley presented the Union Budget.
Here is the full text of the joint statement issued by India and the US.
'Corruption is rampant in every office in the state from the villages right up to Gandhinagar. I have witnessed all these issues first hand... Before Narendra Modi became chief minister Gujarat had a debt of Rs 25,000 crore to Rs 30,000 crore. Today it is Rs 180,000 crore. There has been six-fold jump in public debt in Gujarat in the last ten years... Every child born in Gujarat owes a debt of Rs 30,000 today. How can you call this development? Look at how high taxes are in Gujarat. Look at the condition of our public health system. There are not enough doctors or nursing staff in government hospitals; not enough teachers in schools and colleges.' Three-time BJP MLA Dr Kanubhai Kalsaria rips apart Narendra Modi's policies.
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
As the BJP snaps at its heels, can the Communists stay relevant in the electoral game?
'The middle class stood by the BJP, especially after demonetisation, and they expected something in return.' 'Some section of the BJP believes the middle class is condemned to vote for the BJP as they have no other choice.' 'They think they can treat them any way, still the middle class will run to vote for it.' 'That's what the Budget seems to convey.'
India's new policy commission has received a makeover and a dream team has been formed to head the Think Tank, NITI Aayog.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
'A lot will depend on the first Aayog and the power it derives.'
'China might soon have to seriously consider whether it prefers an Indo-US hyphenation to a Sino-Indian one.'
As the Narendra Modi government nears completing a year in office, the Congress on Wednesday stepped up its offensive against the prime minister accusing him of weakening democracy by running a "one-man show" while scoring maximum on "arrogance" and minimum on governance.
Partial dismantling of subsidies, movement towards a more transparent policy on natural resources and moves to make India more inviting for foreign investors, are some of Modi government's big achievements.
'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.
The challenge ahead for central and state governments remains enormous.
C K Ranganathan, CMD of the $12.50 billion CavinKare, in an interview with Shobha Warrier/Rediff.com, says though he sees signs of improvement everywhere, the Modi government has a long way to go to make the country business friendly
Here's a list of the full first-time ministers in the second term of the Narendra Modi government.
'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
In a country where 35 to 40 per cent of food is not consumed, the government urgently needs to reduce wastage to an acceptable level.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Her great grandfather began sugar co-operatives in Maharashtra. Her grandfather was an eight time MP. Her uncle is currently leader of the Opposition in the Maharashtra assembly. Her cousin joined the BJP on Tuesday, March 12. Nila Vikhe Patil, who could one day become prime minister of Sweden, unravels her India connections in an e-mail interaction with Rediff.com's Vaihayasi Pande Daniel.
Prime Minister Narendra Modi on Saturday arrived in Dhaka to a red carpet welcome on his maiden visit which is expected to put ties with Bangladesh in a new trajectory, as the two sides will firm up a number of pacts to boost cooperation besides ratifying the long-pending Land Boundary Agreement.
Nitish Kumar and his officials maintain that Bihar has one of the lowest crime rates in India. Bihar police crime data indicates otherwise.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances