Governor's statements will be weighed to gauge confidence level.
There are a couple of proposals, however, whose goals are not easily achievable.
'The non-implementation of the Seventh Pay Commission, almost a year after it was implemented for civilians, is gradually beginning to hurt morale in the armed forces,' says Brigadier Gurmeet Kanwal (retd).
The challenge of cleaning up the taxation system and introducing the goods and services tax (GST) regime cannot be underestimated.
The repo or short term lending rate remains unchanged at 6.75 per cent and the reverse repo rate at 7.75 per cent.
However, the hike in salary for government officials may take some time as the Centre had earlier this year decided to put a freeze on any hike in the DA of its employees till July, 2021, owing to the Covid-19 pandemic.
Defence Minister Parrikar was in favour of granting OROP to ex-servicemen but pressure was exerted on him by his cabinet colleagues on the issue, Ram Jethmalani claimed.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
The Seventh Pay Commission had decided to choose the CPI-IW as the index for adjusting inflation for central government employees.
Rajasthan's teachers plan to teach Vasundhara Raje a lesson.
As the MPC is mandated to target CPI inflation rate at 4 plus minus 2 per cent, any measurement error in CPI is likely to have grave consequences for monetary policy.
Maharashtra minister and NCP leader Nawab Malik on Thursday accused NCB's zonal director Sameer Wankhede and his family of obtaining two separate certificates of his mother following her death in 2015, each mentioning her as Muslim and Hindu.
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
Government employees enjoy a pay revision every five years, unlike once in every 10 years for central government employees, and draw relatively higher salary.
The government had committed to increasing spending in infrastructure
Jaitley said India needed to grow by additional 1-1.5%.
The salary hike for government employees is likely to put an additional burden of Rs 24,000 crore on the state excheque.
The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines
Unimaginative increments, persistent refusal of funds have turned the military into an underfed child scared to ask for a full meal.
Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17
There are many collateral advantages of taking the tough decision.
Commerce ministry monitoring remedial measures to promote exports in key markets.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
We should work in unison to boost growth: FM
If receipts from disinvestment, tax buoyancy and black money scheme offset shortfall in spectrum sale, higher expenditure due to pay commission's recommendations and capital expenditure, then the government would be able to meet the target of controlling fiscal deficit at 3.5 per cent of GDP this financial year.
Instead of ramming through change, Mr Parrikar has tied his own hands by placing reform at the mercy of numerous committees, says Ajai Shukla.
Analysts expect the central bank to remain watchful of inflation.
The Covid pandemic has left a question mark on how the central government manages its staff.
The agency said the move on liquidity will lead to an ease in the situation.
In July, IRS officers in Mumbai held an incendiary meeting where they criticised the alleged interference in 'operational matters' by the department of revenue.
Shah said a BJP government would protect and promote the cultural heritage and values of tribals.
It is only 'zero-cost' money from FPIs that is keeping the market afloat
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
The EPS camp believes that the BJP was already arm-twisting the AIADMK into conceding more seats in the 2024 Lok Sabha elections 'than they deserve' observes N Sathiya Moorthy.
Parekh says drafting new I-T law is hindered by the lack of experience.
He will presumably choose to remain true to the framework he has put in place.
'Whatever happens in any part of the world affects us.'
RBI has, since January, cut its policy rate four times.
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