He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.
'In view of these facts I do not find it useful to attend the 7th Governing Council meeting of Niti Aayog scheduled to be held on August 7, 2022 and I am staying away from it'
Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.
Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.
Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.
The airport, being developed by the Adani Group, is expected to start commercial operations early next year.
'Just because there is some misunderstanding, you cannot recall the chief secretary.' 'This is not a good development. This is an assault on federalism.'
The Union cabinet on Wednesday accepted the recommendations of the high-level committee headed by former President Ram Nath Kovind on simultaneous elections.
Lok Sabha polls held over 5 phases so why hold assembly elections in single phase, asks Oppn.
A maximum of 92,000 personnel of CAPFs are likely to be deployed in politically volatile West Bengal, where elections will be held in seven phases, followed by 63,500 personnel in militancy-hit Jammu and Kashmir, where polling will be held in five phases.
The government also announced creation of a special open forum on the website mygov.nic.in for suggestions on the new institution.
For Yoginder, it is a release from pain. But for us, his friends, it is the loss of a warm and generous life companion, says Nitin Desai of his 50-year association with the eminent economist who passed into the ages on December 6, 2022.
Issuing a slew of directions, a bench of Justices S Ravindra Bhat (since retired) and Aravind Kumar asked the central and state governments to pay Rs 30 lakh as compensation to the next of kin of those who die while cleaning sewers.
Delhi's air quality plummeted to alarming levels on Tuesday after 24 days, with many areas witnessing a significant spike in pollution despite the strictest measures, including a ban on construction activities and the entry of trucks into the city, coming into force.
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
The BJP and Congress have called out the 'Delhi model' as a hoax, built on sustained propaganda when the ground reality is different.
Assessment note says panel acts as control commission, especially in fund allocations to states.
While Congress-ruled states such as Kerala, Karnataka and Assam expressed fears about the sudden demise of the planning process and wondered what it would be replaced with, also worrying about the immediate implications on annual Plan outlays, Andhra Pradesh said it was considering setting up its own NITI Aayog.
In a year bookended by intractable conflicts and geopolitical fragmentation, India focused on ramping up military prowess by broadly firming up defence procurement worth Rs 4.22 lakh crore even as Indian and Chinese militaries completed pulling back their troops from border face-off points in eastern Ladakh.
A parliamentary panel on Tuesday opposed the privatisation of six AAI-developed airports including Kolkata and Chennai, and charged the Civil Aviation Ministry with doing "a great disservice" by "using public property for private profits".
Suggestions made by the different experts have been noted and would be forwarded to Prime Minister Narendra Modi.
The map below shows the classification of this score into Mostly Dirty, Somewhat Clean and Mostly Clean.
'The reason I am not anxious about the opponent facing me in the front (Ajit Pawar) is because of who is standing behind me like a rock (Sharad Pawar).'
'Splitting must result in tangible benefits for the customer, otherwise it will only mean more work for them in maintaining the policy and for their nominees.'
'The BJP is not as mighty a political force in Odisha as it is made out to be.'
Deputy Chairman of the Planning Commission Montek Singh Ahluwalia on Monday admitted that there was concern across the country about the implementation of development schemes without any leakage.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
New body to replace Plan panel might retain 40% of existing staff
Kharge's remarks came after Modi on Friday said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.
Eleven states and Union territories -- Bihar, Uttar Pradesh, Delhi, Maharashtra, Uttarakhand, Telangana, Gujarat, Punjab, Rajasthan, Jammu and Kashmir and Jharkhand -- had a voter turnout lower than the national average of 67.40 percent in the 2019 Lok Sabha polls.
'Amit Shah had promised Ajit Pawar and Praful Patel that even if there were only one third of MLAs with them, they would be given the party symbol.' 'He promised them that the Election Commission would not take a decision against them and that they would get the party name and symbol.'
Finance Commission has got new team who are committed to growth initiatives.
The Planning Commission was better than the Niti Aayog as it used to take up the issues of the states with the ministries concerned.
Rajan Committee has evoked divergent reactions from the states.
International agencies and foreign private companies have their own agendas and are in no way accountable to the Indian people, the Left said.
India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal of limiting the average temperature rise to 1.5 degrees Celsius, India has committed to reducing emissions by 45 per cent below 2005 levels by 2030, achieving 50 per cent cumulative electric installed capacity from non-fossil fuel-based energy resources, and creating a carbon sink of 2.5 to 3 gigatons of CO2 equivalent through additional forest and tree cover.
The JSW Group has expressed interest to develop a 900 MW pumped storage hydel power project and a state of the art rolling shop for steel in West Bengal, company chairman Sajjan Jindal said on Wednesday. He announced the projects while addressing the inaugural session of the Bengal Global Business Summit, organised by the state government, in Kolkata. "We are keenly pursuing a 900 MW hydro pumped storage project. "This will bring clean energy to the state and we hope to receive this prestigious project through a nomination from the state government," Jindal said.
The term of the members of the Planning Commission is co-terminus with the Prime Minister and they would be submitting their resignations once the new government is formed after the ongoing general elections next month.
A high-level committee on Thursday recommended simultaneous elections for Lok Sabha and state assemblies as the first step followed by synchronised local body polls within 100 days.
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