In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
A memorandum of understanding was signed between the Ministry and UIDAI in the presence of Rural Development Minister C P Joshi and UIDAI chairperson Nandan Nilekani for this.
Fundraising activity in the debt market is gaining momentum ahead of the festival season. Several non-banking financial companies (NBFCs) and the National Bank for Agriculture and Rural Development (Nabard) are planning to raise at least Rs 5,560 crore in the next two days by issuing bonds, with a greenshoe size of Rs 6,370 crore. Ajay Malglunia, managing director and head of investment grade group at JM Financial, said, "The market likes certainty, the market will gain clarity after the US Federal Reserve's (Fed's) policy.
The minister on Tuesday inaugurated a three national training programmes at the National Institute for Micro, Small and Medium Enterprises (ni-msme) in Chennai.
Union Minister for Rural Development Jairam Ramesh sanctioned Rs 1133 crore to Tamil Nadu for upgrading 3,000 kilometers of roadways under Prime Minister Gramin Sadak Yojana.
'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'
About 78 per cent respondents said they were also satisfied with the steps taken by their own state government, according to the findings of the survey.
Aam Aadmi Party's Ferozepur Rural candidate Amandeep Ashu Banger on Monday quit the party and joined the ruling Congress in Punjab, alleging that Arvind Kejriwal's outfit runs like a "multinational company" with only Delhi leaders calling the shots.
Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000 crore. Its net interest margin stayed flat at 2.4 per cent.
The top court's remark came while setting aside an order of the Madras high court which directed the Tamil Nadu government to create the posts under the designation.
Chief Minister Uddhav Thackeray has forwarded the resignation letter of Anil Deshmukh to Governor Bhagat Singh Koshyari with a request that it may be accepted.
The Congress is chiefly banking on the issue of water woes and "incomplete" irrigation projects to make fresh inroads in rural Saurashtra, sensing a feeling of being "left out" among the populace.
All eyes are now on the Sena factions, led by CM Shinde, backed by the BJP, and his predecessor Uddhav Thackeray, and their performance in the coastal belt in the November 20 polls.
'You will see him frequently asking customers -- especially retail -- about service experience, pain points, areas of improvement and suggestions.'
As an initial step, Internet.org and Unilever will carry out a comprehensive study to examine the opportunities to increase internet adoption in rural communities.
The finance minister clarified that indexation benefits offered until April 1, 2001 would be protected. This means older properties, including legacy assets, would benefit.
The government also termed the alleged insult to the farmer as an infringement on "dignity and self-respect", and said it cannot be tolerated.
Rural Postal Life Insurance, a scheme administered by the Department of Post for the rural populace, has grown manifold to develop business worth Rs 6,000 crore (Rs 60 billion) for the 2003-04 fiscal from Rs 550 crore (Rs 5.50 billion) in 1999.
The Opposition on Tuesday termed the Union Budget as a 'kursi bachao budget' driven by political compulsions and claimed that it ignored opposition-ruled states in a bid to 'appease' Bharatiya Janata Party's allies.
Chhattisgarh Chief Minister Bhupesh Baghel reached the national capital on Saturday and is likely to raise with the Congress leadership the issue of his differences with state minister T S Singh Deo, sources said.
'We are expected to grow at above 28 per cent this year, higher than the industry.'
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
Legislators of the ruling coalition partners in Jharkhand expressed solidarity with the Hemant Soren government on Wednesday and said the Jharkhand Mukti Morcha leader will continue as the chief minister.
The IIM-B's 'Karnataka innovation report' has become the basis for the Congress party's election narrative, particularly to distinguish it from the 'Gujarat model of development', reports Archis Mohan.
Arshad Nadeem's home village erupted into rapturous celebrations after he clinched Pakistan's first Olympic medal in athletics
'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'
The perception is rapidly gaining ground that though the chief minister is from the Shiv Sena, the government is being run by the NCP.
A labour ministry note sent to the rural development ministry (MoRD) says the minimum wage notified in each state - often higher than the NREGA set one - has to be paid. But MoRD has written to the PMO that the NREGA enactment has clauses that exempt it from all other laws, including the Minimum Wages Act. Hence, MoRD is not legally obliged to pay at any other rate.
Capital formation in agriculture is the key to the development of the rural infrastructure, said the finance minister.
'There is also a possibility that Andhra Pradesh may demand a similar package. But as of now, we are only working on a package for Bihar.'
'Election funding needs a little more transparency.'
Eshwarappa would turn 75 in June, the unofficial age bar in the BJP for leaders to contest polls and hold official positions.
Amid a raging controversy over saffronisation of education, IIT Delhi's decision to invite yoga guru Ramdev and an Rashtriya Swayamsevak Sangh affiliate for deliberations on a programme to leverage the technical strength of the IITs for development of rural areas has raised eyebrows.
Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
The state anthem was played on the last day of the budget session and BJP MLA Jibesh Kumar Mishra was seen remaining seated through it.
Chhattisgarh Health Minister T S Singh Deo, who is locked in a power tussle with Chief Minister Bhupesh Baghel, has said he will decide about his future ahead of the state assembly elections which are due in 2023.
Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2 per cent, from 7 per cent projected in March, saying elevated consumer confidence will drive spending, besides increased investments. In June update to its global economic outlook report, Fitch said it expects inflation to decline to 4.5 per cent by end of this year and RBI to cut policy interest rates by 25 basis points to 6.25 per cent.
Sitharaman said, public private partnership to be unleased to develop rail infrastructure.
Union Minister of State for Home Nityanand Rai also said that the central government has not enumerated caste-wise population other than SCs and STs in census since Independence.
