Indian elections are puzzling, to say the least. In Rajasthan, despite rolling out several pro-poor policies -- such as free medicine and a pension scheme for the poor -- the Congress lost resoundingly. In Mizoram, it won resoundingly, for precisely that reason -- pro-poor policies.
Officials cited the example of the Sixth Pay Commission.
The chief minister also said that all 72 lakh ration card holders in the city will be provided free 10 kg ration this month.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
The LDF government -- which has negotiated a series of crises in the form of natural disasters to the Covid pandemic -- cannot turn a blind eye to the accumulated debt of the state that now exceeds Rs 3 trillion and the need for more jobs, investment and industry.
'From March 2020 to November 2021, the combined wealth of the billionaires of this country has doubled.'
The meeting will review annual financial performance of public sector banks, credit offtake in the economy, priority sector lending and progress made under various social sector schemes, including Atal Pension Yojana (APY) and Pradhan Mantri Jan Dhan Yojana.
The world's largest postal service is stepping in to help deliver lifesaving medicines during a countrywide lockdown aimed at tackling the coronavirus pandemic.
Pawan Kumar, organising secretary of the Bharatiya Mazdoor Sangh (BMS) affiliated to the Rashtriya Swayamsevak Sangh (RSS), tells Aditi Phadnis it will join forces with other trade unions if necessary to oppose the Employees' Provident Fund Organisation (EPFO) provisions in the Union Budget.
The Congress for its part urged Modi not to politicise the armed forces.
It is worrisome that salaries are consuming as much expenditure as equipment.
Stepping up the agitation on 'One Rank One Pension', a fast-unto-death was launched by two of the protesting ex-servicemen at Jantar Mantar
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Arun Jaitley had a tough fiscal hill to climb.
'There were tears in my eyes when I parted with my medals. I thought was it for this moment did I become a soldier?' In 2008, Captain H Balakrishnan (retd) of the Indian Navy returned all his medals to the President of India to protest the government's failure to implement the One Rank One Pension scheme.
With the One Rank One Pension scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is to take a final decision on granting of "organised services" status to them.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'Whatever Modi had promised us on OROP has not been delivered. He lied to us'
Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.
The 600-million (approximately Rs 4,100 crore) UK Personal Accounts Delivery Authority (PADA) deal, which was recently awarded to Tata Consultancy Services (TCS) to administer the National Employee Savings Trust (NEST) scheme for 10 years, has come under the scanner of the Conservative Party.
'We are probably working with flawed data on household finance.'
Individuals could soon lose tax benefits available on fixed deposits with an over five-year term once the direct taxes code comes into force from April 2011.
Later, there may be some tax relief aimed at the middle class and measures to benefit the sectors worst hit by Covid-19 and the resultant nationwide lockdown.
Addressing a G20 Summit session, Modi also presented his '5-I' vision to maximise digital technology for social benefit.
Here are the key highlights of the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha on Friday.
The impact of economic slump was visible in the Budget's fine print, as this step-by-step explanation show how the Budget math was worked out, reports Abhishek Waghmare.
Even as Chinese troops continue squatting on territory that we claim as our own -- this was the lowest allocation for defence in percentage terms since the 1950s, reveals Ajai Shukla.
Govt expects to save Rs 10,000 crore through this move.
In other welfare schemes, such as those for cooking gas, pension and scholarships, which are linked to DBT, cash is transferred directly into the bank accounts of beneficiaries.
Four recent instances help us understand why Prime Minister Narendra Modi could truly be called the chief human resources officer (CHRO) of the country.
Presenting the Budget for 2019-20 in the Lok Sabha, Finance Minister Piyush Goyal also said Rs 35,000 crore has been given under the One Rank One Pension scheme in the last three years.
'We worked hard, brought a very positive manifesto saying this is what we have done and this is what we will do.' 'But people liked something else.' 'They didn't like expressways, they want a bullet train.' 'I have realised that in a democracy, the poor doesn't know what they want.'
There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.
Rural budget set to increase; likely to enhance market linkages for agri commodities
Congress President Sonia Gandhi and her deputy Rahul Gandhi on Saturday refrained from commenting on Prime Minister Narendra Modi's Independence Day speech.
When Finance Minister Nirmala Sitharaman tables her Budget on February 1, the numbers could be something to cheer.
The National Social Security Number will be issued to the 4 crore (40 million) members covered by the scheme on the lines of the Permanent Account Number (PAN) given by the income tax department.
'UBI is a tricky subject.' 'Our worry is the government could get rid of UPA's social welfare schemes targeted at the poor.'
The finance minister may stagger some of the recommendations.
