'The prime minister took a meeting recently and he asked for suggestions and ideas for a plan till 2047.'
Sir Osborne Smith was the first governor of the Reserve Bank, serving from April 1, 1935, to June 30, 1937.
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
Finance Minister Nirmala Sitharaman will present her sixth straight Budget ahead of the Parliamentary elections, matching the record of former Prime Minister Morarji Desai. Sitharaman in her pre-election Budget, which technically is a vote on account and popularly termed an interim Budget, will seek Parliament's nod for a grant in advance to meet the central government's essential expenditure for the first four months of the new fiscal year that starts in April. A new government elected after the April/May general elections will present the full Budget, likely in July.
Retail inflation declined to a three-month low of 5.1 per cent in January, mainly due to subdued prices of vegetables, fruits and other food items, according to government data released on Monday. The fall indicates that retail inflation is inching towards the Reserve Bank's comfort level of 4 per cent. The Consumer Price Index (CPI) based inflation was on the rise for two straight months after touching a trough of 4.9 per cent in October 2023. In December, it stood at 5.69 per cent.
SBI data shows the per-capita payouts for scheme have shot up this year.
There is little doubt that the prime minister's own charisma exceeds that of his party, but 2024 is proof that no party can ultimately depend on one person to deliver victory all the time, points out R Jagannathan.
'I have serious doubts about the longevity of the NDA government and the longevity of the 18th Lok Sabha itself.'
As more companies ask their employees to return to office after the pandemic, the share of women employed in regular salaried jobs in urban India decreased from 54 per cent in the first quarter to 52.8 per cent in the second quarter of the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) data. The slump in the share is the lowest in wage employment in any quarter in the last six years when the National Statistical Office started releasing the quarterly PLFS surveys in Q3 of FY19. The share of women in wage work was highest in Q1 of FY21 at 61.2 per cent.
The map above shows the disparity in Monthly Consumer Expenditure as reported by the 68th round of National Sample Survey.
'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?'
Is the unusually and unbearably scorching Sun and the general laxity, bordering on laziness, among voters, responsible, asks N Sathiya Moorthy.
The big surprise is that Narendra Modi, the greatest conjurer in our national politics, has not yet presented a theme to this election, observes Shekhar Gupta.
More than 157 million Indians watched at least one film in the theatre in 2023.
Fresh formal job creation cooled for the second consecutive month to decline to a six-month low in September, signalling a downturn in the labour markets this financial year. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined by 6.45 per cent to 891,583 in September from 953,092 in August, shows the latest payroll data released by the Employees' Provident Fund Organisation (EPFO). Besides, the net payroll additions -- calculated by taking into account the number of new subscribers, the number of exits, and the return of old subscribers -- increased by 14.9 per cent to 1.72 million in September from 1.49 million in August.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
In a letter, dated February 16, 2024, issued by the Cabinet Secretariat department, headed by the CM, officials of the Health, Road Construction, Urban Development and Housing and Rural Works departments have been asked to review the decisions taken during the previous grand alliance government in the state.
The lack of clarity on who is next in line, when the time comes, as indeed it will one day some day, reflects poorly on the management of the world's largest political party. It scarcely need be said that a squabble between the contenders, Shah and Yogi, is exactly what the doctor ordered for the Opposition, notes Krishna Prasad.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
'The 2024 general elections proved that UP is not Gujarat.'
Speaking at a rally in Madhya Pradesh's Harda on April 24, Modi praised Chouhan saying the two had served together in the party organisation and also as chief ministers.
Hours after taking a 'U-turn' by informing the high court that it is withdrawing its notification dissolving all gram panchayats in the state, the Punjab government suspended two senior Indian Administrative Service (IAS) officers on Thursday for a 'technically-flawed' decision.
Agri experts are meeting FinMin ministry officials on Monday to give their inputs on the Budget.
The NRA will have representatives of IBPS, SSC and Indian Railways.
Rural Bihar appears to be doing much better than urban areas in the state, if one goes by a recent National Sample Survey Organisation report.
Union Minister Piyush Goyal on Friday sought an apology from the Congress for the controversial statement by party MP that suggested a call for a separate south nation over fiscal injustice, but the opposition party's president said it stands for a united nation and will not tolerate any such call.
'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'
Sharad Pawar expressed surprise over the PM taking a "different stand" now.
To propel demand, one should concentrate on indirect taxes and bring down the goods and services tax (GST) rates to a uniform 12 per cent as the Vijay Kelkar panel had recommended, said Ajit Ranade, chief economist at Aditya Birla Group.
The government decided to enhance surveillance and containment effort within the state by tracking and quarantining the primary and secondary contacts of the COVID-positive persons.
In view of the farmers' protest and march to Parliament, the Delhi police started preparations to check the advancing farmers' march beforehand, an officer said.
One of the high points of the proceedings was when Indrani Mukerjea's lawyer smartly utilised Dr Zeba Khan's expert status to pose her A Most Curious Question. He asked her if a skull can grow new teeth, even after the person, who it belonged to, had died, three years before. We can be sure that the discrepancy between the number of teeth discovered in the skull unearthed in 2012 and the skull shown in court in September 2019 will come up soon in Courtroom No 51. Vaihayasi Pande Daniel reports from the Sheena Bora Murder Trial.
As per the scheme, rural electricity infrastructure will be set up and household electrification will be completed in the next five years.
'Dynastic politics has become a tool of convenience for political parties. The BJP does not hesitate to accept it when it comes to its own alliance or party candidates. The same goes for the others.'
Unemployment rate for persons aged 15 years or above declined to 3.1 per cent in 2023, the lowest in the last three years, as per a report of National Sample Survey Organisation under the statistics ministry. According to Periodic Labour Force Survey (PLFS) for calender year 2023, the unemployment rate came down to 3.1 per cent in 2023 from 3.6 per cent in 2022 and 4.2 per cent in 2021. Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
She said that access to justice for all has been a theme close to her heart and mentioned several steps taken to help economically disadvantaged sections of society to approach legal institutions for remedial action.
MS had written that seeds of the green revolution were first sown in the fields of CRRI through the indica-japonica rice crosses, and decided that the plant type should be tailored to be functionally responsive to external application of fertilisers.
'If the Congress loses this time, Rahul Gandhi will not look back at Amethi ever again.'
The implication of a slowdown in the financial services sector are very different (eg, likely to affect fewer people directly, and even that affecting those at the top of the income distribution) from that of a slowdown in construction, one of the most employment intensive sectors in the Indian economy (that will affect aggregate demand much more).'
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