'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.
Indian economy about to take-off
Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
Arvind Subramanian, a senior fellow at the Peterson Institute for International Economics, was informally recommended to the post by Finance Minister Arun Jaitley.
It is time to take a few macroeconomic risks to kick start the growth.
Sher Shah Suri ruled for only a few years, but his huge influence on India continues six centuries later, reveals Farhat Nasreen.
This Budget signals a shift from a hand-out to a hand-up economy.
Under constant attack from his political opponents, the public and the media, he is said to have withdrawn into a shell, says Anita Katyal
The Election Commission must ensure that soldiers, paramilitary forces and railway employees who work outside their home states are given proper avenues to cast their votes, says Colonel Anil A Athale (retd).
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
'The EC is a sacred institution.' 'In the last few years, more than once, we have found the EC bending over backwards to accommodate the government.'
Disruption is totally unacceptable in Parliamentary system, the President said.
Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal
India's majoritarian regime is now making a dangerously fast-paced move towards theocracy, like its western counterpart did a few decades ago, warns Mohammad Sajjad.
The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.
As the country readies to go to polls on July 25, one can't deny the role of the military, but there are other factors too.
Gujarat has topped with a score of 71.14% on ease of doing business list.
The government has provided a long-term vision.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
'Whoever whispered in his ears that go for demonetisation, misled him completely' and the PM lacked the sagacity to know that it would not work, Yashwant Sinha tells Archis Mohan.
The tall claims that the state administration, particularly Modi's highly charged PR machinery has created to hardsell the state, and in turn Modi himself, are not reinforced by the numbers
Wolfgang Schauble has done right by the Euro zone, but the Greeks believe that doesn't necessarily mean he has done right by them.
The Modi government's array of economic policy has been impressive.
A reformed Planning Commission should reflect the diversity of Indian debate.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
The government has taken a number of steps to address the situation faced by farmers.
'Today you have 30 to 40 per cent of bureaucrats who are not parrots of the government, but what happens if you change the system?' 'If implemented, this can disrupt the system, which will have more adverse consequences than demonetisation.'
Modi government has to come up with a robust economic agenda to impress the masses.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
'Manmohan Singh was blamed for administrative paralysis, but if you speak to any senior bureaucrat today, they are very bitter and say that files do not move. I am told that more than a thousand files are awaiting clearance.'
'Being authoritative is one thing -- Nehru was that -- but being authoritarian is quite another -- the current prime minister is clearly one.'
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
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