Rising rural distress due to back-to-back droughts have put pressure on FM to spend more on social schemes; no change in tax slabs likely
To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.
Modi Sarkar will not stand on ceremonies even if that means stepping on the Constitution, says Udit Misra.
The stock market, the Survey felt, had run away from underlying real economy indicators and asked if this indicated rational confidence or irrational exuberance.
Rangarajan said that growth has many dimensions to it.
80-85 per cent of about 700 major infrastructure projects within the Centre's domain have been delayed.
The new Chief Economic Advisor Krishnamurthy Subramanian believes that more than unemployment, it is the quality of employment which needs to be focused on. In an interview with Arup Roychoudhury and Indivjal Dhasmana, Subramanian said that controlling inflation was the Modi government's biggest achievement.
The Supreme Court on Friday asked the Centre to release funds for MNREGA and to pay compensation to farmers in drought-affected areas.
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.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
EY said out of the nearly Rs 21 lakh crore package, Rs 8.01 lakh crore is on account of liquidity enhancing measures taken by the RBI since February.
A programme that endeavours to graduate the poorest people could have seminal implications for Prime Minister Narendra Modi's government.
'What should surprise BJP supporters is Modi's call for 'stability' at the manifesto launch, a theme that he and his team members had not touched ahead of the Lok Sabha polls in 2014 and 2019.' 'The last time the party called for 'stability at the Centre' was in 1998 and 1999,' recalls N Sathiya Moorthy.
Experts say the new security features will significantly ensure there is no 'large-scale theft of people's identity'.
Political economist Jayanta Roy Chowdhury analyses the 2016 West Bengal assembly election results.
The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon.
Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.
'There is still scope for selective stockpicking.'
Aadhaar now has legal backing but it still faces challenges of privacy and data sharing
In its third video uploaded on YouTube, RIL said the Cabinet had decided on June 27, 2013, to revise natural gas prices for public and private producers from April 1 and notified the decision on January 10, about two months before the schedule for general elections was announced on March 5.
Experts say the party is undoing what it achieved through MNREGA by targeting beneficiaries
'The BJP has started a war-like situation against farmers and the Jat community.'
Progress on several parameters creates a tipping point situation.
A number of significant linkages between rainfall and economic outcomes have policy implications.
At a time when major economies have increased spending, India will have to do the same.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
Around 275,000 migrant labourers and their family members have returned to the state. According to the state government, this number could exceed 1 million by the end of this month. As the NDA government in Bihar is scheduled to face polls at the end of this year, providing livelihoods to these people is on the top Chief Minister Nitish Kumar's agenda.
A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.
Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
We remain at the mercy of the global economic climate.
The Congress has ruled India for 54 of the last 67 years; that it took the party over six decades to come up with bills that provide citizens their basic needs is a shame, not a moment of triumph, says Amberish K Diwanji.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
If only the Congress could rebuild on its strengths and develop a modern enough ideology, we could again be moving towards a clearer two-party political landscape, asserts Shekhar Gupta.
Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
Finance Minister Arun Jaitley presented the Union Budget.
'I'll give it to the vaccine manufacturers without guarantees, take the payment in advance and give me the supplies.' 'The moment you give me one lot of supply, I'll give you more.'
Modi also pitched for a social movement to ensure the safety of women and girls.
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
The total rainfall till now is not only deficient, but is also erratic in terms of both geographical spread and timings.
Targetting Prime Minister Narendra Modi over his 'failure' to bring back black money in 100 days after coming to power, former Bihar chief minister and senior Janata Dal-United leader Nitish Kumar on Thursday asked the former to explain to the people of country about when the amount of Rs 15 lakh would be deposited in every bank account as promised by him.
