The RBI Governor also reiterated his reservation against repeated loan waivers by various state governments, saying the move distorts credit pricing, thereby also disrupting the credit market.
Why the 2020 Padma Shri Awards are an honour truly worth celebrating.
The state government has formed two committees under the chief secretary and the cane commissioner on the matter.
According to a confidential government paper seen by Reuters, several states want to do away with obtaining landowners' consent altogether in some cases and to cut through red tape which they say holds up development.
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
Naidu said that efforts are on to bring together all non-BJP parties and that he had met Congress president Rahul Gandhi to discuss measures on protecting democracy.
'Because of the melting of ice as well as irresponsible human behaviour such as throwing soil and plastic into the sea, there has been a rise in temperature.' 'I fear there will be direct and dangerous consequences for us.'
As male bovines today account for only 28 per cent of India's cattle, it clearly shows that it is the bulls and not the cows that are mostly being butchered. This makes it clear that cow slaughter is not a problem but the slaughter of male bovines is whose main utility today is in the value of their meat, says Murad Ali Baig.
Prime Minister Narendra Modi on Sunday said his government has always taken care of the welfare of Sri Lankan Tamils and 'consistently' flagged the issue of their rights with the leaders in the island nation.
He conveyed India's position to visiting Director General of the Food and Agriculture Organization Jose Graziano da Silva whom he urged to take the lead in protecting the interests of the poor and farmers at the World Trade Organisation.
Finance Minister Nirmala Sitharama on Thursday stated the government is planning to provide a relief package of Rs 1.7 lakh crore to the underprivileged, poor and migrant workers affected by the lockdown amid the coronavirus outbreak. The scheme has been named the Pradhan Mantri Garib Kalyan Scheme.
The challenge for politicians is that the continuous electoral cycle favours short-termism and the loan waiver type of policy, whereas prosperity requires hard decisions where commonly held perceptions must be disrupted and over-turned, says Dhiraj Nayyar.
'Her presence before and during the Lok Sabha election will electrify the political environment.'
Congress leader Rahul Gandhi on Tuesday made a scathing attack on the Narendra Modi government, accusing it of working only for the sake of capitalists.
Strains in relations between the SAD and the BJP had begun surfacing for over a year.
The purpose, behind slashing property tax on small commercial establishments by 70%, was to allow growth of small shops in residential areas, so that people do not have to travel long distances for their daily needs.
Calling for availability of all necessary equipment for medical professionals, she said the onus lies on the government to ensure that the spread of infection and casualties are not caused owing to lack of infrastructure or preparedness.
Amarinder, who is also former Punjab Chief Minister, has sent his resignation to the Lok Sabha Speaker, copy of which was released to the media here, and has also sought a personal meeting with the Speaker next week.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
BJP's Colonel Rajyavardhan Rathore and Congress's Krishna Poonia face each other on Jaipur seat.
Joseph Stiglitz accuses the US of negotiating over issues already settled at the World Trade Organization.
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
Ruling out any compromise on developing countries' stance on agriculture, India on Wednesday made it clear that it would not mind even if Hong Kong WTO Ministerial next week collapses on this count
'I will be happy if walls are built between India and China!' 'We are going to nooks and corners of the country to make ordinary people realise the need to buy Indian goods so that our workers get jobs.'
Ahead of the UNCTAD XI meeting at Sao Paulo, Brazil, from June 13-18, Commerce Minister Kamal Nath on Monday held substantive discussions with Agriculture Minister Sharad Pawar to fine tune India's strategy on farm issues including livelihood concern
The ordinance on the Food Security Bill is expected to come up for consideration in the Lok Sabha on Wednesday, sources said on Monday.
When agricultural holdings get fragmented over years, the state government has the power to step in and help farmers pool their land parcels for improving land productivity, after which the pooled land is divided up into larger plots. Instead of the fragments they hold, a farmer gets a single contiguous patch of an equal size. But, it is done only for agricultural holdings. In Kot village, however, the consolidation has been ordered for the entire village land, including the hilly forested commons, which are already pooled. This is not the first time that the Haryana government has attempted such a consolidation of Kot common lands.
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
Congress president Sonia Gandhi on Tuesday wrote to Prime Minister Narendra Modi suggesting five measures to conserve money for the fight against COVID-19, including a complete ban on media advertisements by government and PSUs for two years and suspending the Central Vista beautification project.
Farmers and pro-Kannada outfit activists protested in various parts of Karnataka against the Supreme Court direction to release Cauvery water to Tamil Nadu.
Patnaik's image of a "clean and honest" politician is widely regarded as the reason why he was able to withstand a spirited challenge thrown by the Bharatiya Janata Party, analysts say of perhaps the lone regional satrap who cannot even properly speak the language of his native state.
The PM asserted that 'we know how to take challenges head-on'.
Over 100 Opposition members of Parliament led by Congress Chief Sonia Gandhi on Tuesday marched from Parliament to the Rashtrapati Bhawan
Communist Party of India-Marxist General Secretary Prakash Karat on Wednesday held a meeting with Samajwadi Party supremo Mulayam Singh Yadav and is understood to have discussed the evolving political situation in the wake of the controversy over the ordinance to protect convicted lawmakers.
Monsoon rains are expected on time this year, hitting Kerala on June 1.
'If an election promise has to be credible, silence on practical questions doesn't help matters,' notes T N Ninan.
'Where he used to sit bored, sulky and fiddling with his cell phone in the Lok Sabha (and was often missing during key debates) he is now noisy, aggressive and ready to lead his flock into the well of the House,' says Sunil Sethi.
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