News for 'National Development and Reform Commission'

'Oppn powered by middlemen': PM Modi on agri reforms

'Oppn powered by middlemen': PM Modi on agri reforms

Rediff.com11 Oct 2020

Rural India was left to fend for itself by those who ruled the country earlier, Modi said in a swipe at the Congress.

Modi sells reforms to woo people

Modi sells reforms to woo people

Rediff.com24 Aug 2016

If Mr Modi has to win, he must convince the people of this country how his reforms improved the quality of their lives.

BJP's election loss could bring focus back to reforms

BJP's election loss could bring focus back to reforms

Rediff.com9 Nov 2015

The National Democratic Alliance won 64 seats.

Fifa election: Reforms passed to prevent corruption

Fifa election: Reforms passed to prevent corruption

Rediff.com26 Feb 2016

FIFA approved major reforms at a congress on Friday, part of world football's effort to end the culture of corruption that has plagued its governing body for years. The measures were adopted by 179 members, while 22 voted against and six abstained at a congress in Zurich that will also elect a replacement to FIFA's disgraced president Sepp Blatter. The reforms were developed since June by a committee led by Francois Carrard, a Swiss lawyer tasked with a similar cleanup effort at the International Olympic Committee more than a decade ago. Among the most crucial measures are changes in the role of FIFA's president and its executive committee. The president's job has been altered to function like a corporate chairman of the board, providing strategic guidance but with less management authority. FIFA's executive committee, which had become an epicenter of graft, has been re-branded as a FIFA council, and will operate similar to a corporate board of directions. FIFA's secretary general, previously number two to the president, will serve as world football's CEO.

Reforms won't be easy or painless!

Reforms won't be easy or painless!

Rediff.com3 Sep 2014

'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.

Beware! The Yellow Dragon Is Awake!

Beware! The Yellow Dragon Is Awake!

Rediff.com2 Nov 2023

Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.

'Reform, Perform and Transform': Highlights from PM's I-Day speech

'Reform, Perform and Transform': Highlights from PM's I-Day speech

Rediff.com15 Aug 2018

Prime Minister Narendra Modi addressed the nation from the ramparts of Red Fort in New Delhi as India celebrates the 72nd Independence Day. This is Modi's fifth and final address as PM in the current tenure. During his speech, Modi reflected on the achievements of the National Democratic Alliance government and presented a report card of his four-year tenure. Here are the main takeaways from his address:

G20 Presidency: Time To Taper Expectations

G20 Presidency: Time To Taper Expectations

Rediff.com1 Sep 2023

India's role as a leader of the global south may require it to give up its ambition to serve as a bridge between the warring halves of the international community, points out Mihir S Sharma.

China's economy to slow down in '05

China's economy to slow down in '05

Rediff.com31 Dec 2004

The booming Chinese economy will register a much slower growth at 8.5 per cent in 2005 compared to 9.1 per cent in 2004 due to a possible slowdown in both investment and exports, the state media reported on Friday.

EC reveals electoral bond donors, but not who gave which party

EC reveals electoral bond donors, but not who gave which party

Rediff.com15 Mar 2024

From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.

Ruling MNF holds edge in Mizoram, but rise of new party is a challenge

Ruling MNF holds edge in Mizoram, but rise of new party is a challenge

Rediff.com9 Oct 2023

The ruling Mizo National Front led by Zoramthanga is looking for a second straight term in the 2023 assembly polls.

Power crisis: Lessons India can learn from China

Power crisis: Lessons India can learn from China

Rediff.com20 Oct 2021

China on Tuesday announced a major policy change for its crisis-ridden power sector by allowing coal-fired power plants to charge their industrial and commercial customers market-driven prices. The National Development and Reform Commission (NDRC) of China said the electricity generated by coal-fired plants would discover price in market trading "in an orderly manner" from October 15. This is being done to pass on the high costs of coal and is being held up as the boldest reform in the Chinese power sector.

Will Budget Cause Trouble For Modi?

Will Budget Cause Trouble For Modi?

Rediff.com29 Jul 2024

'Union Budgets are often used as political instruments and that was the intention of this government too.' 'But while the exercise has settled two fronts, it has left open several others and this has the potential to aggravate with time,' predicts Nilanjan Mukhopadhyay.

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

Pakistan, China sign $18 billion deal on Arabian Sea link

Pakistan, China sign $18 billion deal on Arabian Sea link

Rediff.com5 Jul 2013

China and Pakistan on Friday signed eight agreements, including a whopping $18 billion deal to build a 200 km-long strategic tunnel through the rugged PoK, as the two all-weather allies sought to boost economic ties and supply critical oil to the energy-hungry Communist giant.

No politics on nation's economics, urges Chidambaram

No politics on nation's economics, urges Chidambaram

Rediff.com3 Feb 2014

India needs a place where all regulators could gather and function as in a war room.

Tough Road Ahead For Xi Jinping

Tough Road Ahead For Xi Jinping

Rediff.com26 Aug 2022

China's deteriorating economy is a serious concern. Xi Jinping and China's new premier will have a difficult task ahead of them after the 20th party congress, notes Jayadeva Ranade, the retired senior RA&W officer and China expert.

'No shell company in Mauritius; Hindenburg allegations false, baseless'

'No shell company in Mauritius; Hindenburg allegations false, baseless'

Rediff.com10 May 2023

In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.

Three states to kick-start power sector reforms

Three states to kick-start power sector reforms

Rediff.com22 Sep 2015

Goa, Uttarakhand and Meghalaya will initiate schemes to enable 24x7 power to consumers.

Celebrating Indonesia's Festival Of Democracy

Celebrating Indonesia's Festival Of Democracy

Rediff.com13 Feb 2024

The 'Pesta Demokrasi' is a cause for celebration not only for Indonesia but also for democracy and forces for peace all over the globe, notes Sandeep Chakravorty, India's Ambassador to Indonesia.

India's biggest farm reform is 91.6% behind target

India's biggest farm reform is 91.6% behind target

Rediff.com19 Apr 2016

The Agricultural Produce Marketing Committee Act of a state regulates the purchase of agricultural products, such as cereals, pulses, fruits and vegetables for that region. It hobbles farmers, imposing multiple levies on produce and disallows direct sales to private companies.

'Despite Covid we don't care about health'

'Despite Covid we don't care about health'

Rediff.com7 Feb 2024

'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'

Poll Schedule Works Against First Phase Contestants

Poll Schedule Works Against First Phase Contestants

Rediff.com9 Apr 2024

Constituencies that are going to the polls in the first phase, slated for April 19, have just 19 days for campaigning. Contrast that with those going to polls in the 7th phase, notes N Sathiya Moorthy.

2014 was the year of challenges and reforms

2014 was the year of challenges and reforms

Rediff.com31 Dec 2014

The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.

Naxalism, water crisis focus of NDC meet on Sat

Naxalism, water crisis focus of NDC meet on Sat

Rediff.com23 Jul 2010

The nation's highest policymaking body, the National Development Council, will focus on five key areas, including the Naxal menace, power reforms and water crisis, at its meeting on Saturday.

Few pointers that suggest Modi's Bharat is away from major reforms

Few pointers that suggest Modi's Bharat is away from major reforms

Rediff.com10 Sep 2015

Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.

Crucial to prevent Gaza war from escalating into regional crisis: Modi at G20

Crucial to prevent Gaza war from escalating into regional crisis: Modi at G20

Rediff.com22 Nov 2023

In his opening remarks at the virtual summit of Leaders of G20 countries, Modi made it clear that terrorism was "unacceptable" to everyone and the death of civilians, anywhere, was condemnable.

Who Will Vote For Vijay, And Why?

Who Will Vote For Vijay, And Why?

Rediff.com14 Aug 2024

Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.

Paying your tax will soon be as easy as swiping a card

Paying your tax will soon be as easy as swiping a card

Rediff.com25 Nov 2019

The government is planning to extend the electronic modes of tax payment to its own payments platform, Unified Payments Interface (UPI), credit cards of banks, or even a mobile wallet like Paytm.

Will build China into great wall of steel, vows Xi in first speech of 3rd term

Will build China into great wall of steel, vows Xi in first speech of 3rd term

Rediff.com13 Mar 2023

President Xi Jinping on Monday vowed to build China's military into a "Great Wall of steel" to protect its sovereignty and developmental interests as he sought a bigger role for Beijing in global affairs, days after brokering a Saudi Arabia-Iran detente, regarded as a diplomatic coup.

Economic growth may not exceed 6.8% without reforms: Bibek Debroy

Economic growth may not exceed 6.8% without reforms: Bibek Debroy

Rediff.com19 Mar 2015

We should improve the business climate in Mumbai and Delhi, and India's ranking would immediately shoot up, says Bibek Debroy, a full member of NITI Aayog.

Centre's agri market reform ordinance comes under fire

Centre's agri market reform ordinance comes under fire

Rediff.com7 Jun 2020

Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.

Plan Panel is scrapped, govt must now have a roadmap to reforms

Plan Panel is scrapped, govt must now have a roadmap to reforms

Rediff.com11 Nov 2014

The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.

15th Fin Comm keeps tax devolution to states at 42%

15th Fin Comm keeps tax devolution to states at 42%

Rediff.com1 Feb 2021

The panel's report also provides a range for fiscal deficit and debt path of both the Union and states and also recommended additional borrowing room to states based on performance in power sector reforms. Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations. The report of the 15th Finance Commission was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman.

Gas price: Govt to address concerns before effecting hike

Gas price: Govt to address concerns before effecting hike

Rediff.com4 Jul 2013

On June 27, the Cabinet approved a new formula that uses weighted average of the price of LNG into India and average price at major gas hubs.

Full Text: President's address to nation on the eve of Republic Day

Full Text: President's address to nation on the eve of Republic Day

Rediff.com25 Jan 2022

Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.

Budget reflects a strong sense of political will for reforms

Budget reflects a strong sense of political will for reforms

Rediff.com1 Mar 2015

The Budget is remarkably coherent.

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

'We need to reinvent the Pay Commission to link salaries with performance'

'We need to reinvent the Pay Commission to link salaries with performance'

Rediff.com16 Nov 2015

Manish Sabharwal is chairman of TeamLease, which has helped hire 1.4 million sales and customer service reps and logistics employees such as couriers for companies across India since it was founded in 2002.

China imposes record fine on US chip giant

China imposes record fine on US chip giant

Rediff.com10 Feb 2015

Qualcomm has agreed to pay a hefty fine of $995 million.