Hitting the campaign trail in Assam for the first time this election, Prime Minister Dr Manmohan Singh on Saturday lambasted the Bharatiya Janata Party as a "party that divides the people and thinks through only one person."
The poverty ratio in the country has fallen steeply during the UPA regime to 21.9 per cent in 2012 from 37.2 per cent in 2004, said the UPA government's Report Card released by Prime Minister Manmohan Singh.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
EPFO has verified or attested 64.67 lakh Aadhaar numbers.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
Data captured in central government records have a lag.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
Maharashtra has the opportunity to solve all these problems by voting for the Congress and NCP, he said.
Rural budget set to increase; likely to enhance market linkages for agri commodities
He also rejected reports that have hinted possible increase in coronavirus cases due to migrants and asked, "Did corona not spread at places where migrants were not there?"
The substantially increased economic dualism may exert lasting negative influences which could include a reduced potential for economic growth; the persistence of a very weak employment and poverty situation; rising social and political discord; and heightened vulnerability to geopolitical challenges, cautions Shankar Acharya, former chief economic adviser to the Government of India.
The government will announce minimum support prices for kharif.
In a notification, the Union Home Ministry said an eligible beneficiary desirous of receiving the benefit under the 'Central Scheme for Assistance to Civilian Victims/Family of Victims of Terrorist/Communal/LWE Violence and Cross Border Firing and Mine/IED Blasts on Indian Territory' is required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication.
Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.
Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.
Congress vice president says people now laugh at Modi's promise of 'achche din'.
The construction sector is now India's second-largest employer after agriculture, the trend coinciding with India's high-growth phase and decline in poverty levels
Internal report, to be finalised in seven-10 days, may also suggest reduction in subsidies
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
Tearing into the claims of the United Progressive Alliance about its flagship employment generation programme MNREGA, BJP's prime ministerial candidate Narendra Modi on Tuesday alleged it had only "filled the pockets of Congress" and sought to debunk the much-touted RTI.
The government last fiscal missed its direct tax collection target, and for this financial year it has set a higher revenue mobilisation goal of Rs 13.80 lakh crore.
The Supreme Court on Friday asked the Centre to release funds for MNREGA and to pay compensation to farmers in drought-affected areas.
At its peak five years ago, it was a lifeline for 5.5 crore, or one in every three rural homes
The government has budgeted for total expenditure of Rs 34.83 lakh crore or 6.8 per cent of GDP. While the net tax revenue rose from Rs 5,75,697 crore in October 2020 to Rs 10,53,135 crore till October 2021, a growth of 82.93 per cent annualized, total expenditure rose only by 9.95 per cent, led by infra spending to Rs 18,26,725 crore from Rs 16,61,454 crore during the same period, the RBI said in the financial stability report.
This is the full text of Prime Minister Manmohan Singh's address to media persons ahead of his interaction with them in New Delhi on Friday
In his letter to Kumar, the veteran leader has made a series of suggestions including an amendment in Mahatma Gandhi National Rural Employment Gurantee Act, bringing Lord Buddha's begging bowl from Kabul and hoisting tricolor at Vaishali, the land of world's first Republic.
The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.
BMS, a union affiliated to RSS, plans rally at Delhi's Ramlila Ground on Nov 17; SJM to protest on Oct 29.
Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.
The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
The Budget has stuck to annual increases in agri credit targets.
While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.
Market linking of petrol and diesel prices has helped the industry.
Dismissing the contention that the decline in inflation was on account of the steps taken by the NDA government, Chidambaram said he wanted to know, 'what measures were taken by the government that contributed to decline in inflation rates.'
Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
The World Bank's latest review of its purchasing power parity (PPP) baseline will reignite the poverty debate.