Govt sets up task force to monitor circulation of fake currency; suspicious Jan Dhan accounts under scanner.
If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
The Modi government's array of economic policy has been impressive.
Full list of the rejigged Union Council of Ministers
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
Single window clearances for realty must.
It is time to reset expectations as government will move with alacrity on social policy, not on economic reforms.
Modi govt says its economic score on all coutns is very good.
'Making the railways better is a different type of a challenge.'
Businesses that either take local communities for granted or see them as an obstacle to be 'managed' are skating on thin ice.
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
India loses 333 acres of prime forest every day. Instead of working to conserve India's forests and water resources, the environment minister has set up a committee to 'dismantle' the five key laws that provide environmental protection.
'On the tax front, most of the Budget proposals are sensible'.
'No private citizen can be prevented from holding or propagating in India or abroad, a view contrary to that of the government of the day. The government, it seems is misreading the mandate in the Lok Sabha as being a mandate to crush dissent. In times when ruling parties have brute majorities in Parliament, the true test of safeguarding democracy is its ability to allow dissenting voices to be heard,' says Indira Jaising, the former additional solicitor general.
'Defaulters like Mallya can't be offloaded, but activists like me are. And that too for raising questions.' 'Today, what is the meaning of development?' 'Take over land, water and forest from the Adivasis and hand it over to corporates.' 'I am surprised how a minister who is supposed to protect the forests and the environment is happy reaching out to investors for more and more clearances.'
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
In the near term, the key driver will still be the government's fiscal spending.
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Air that people breathe in Indian cities is among the worst in the world.
Two technocrats, two hard-boiled politicians are India's new Cabinet ministers...
'Chidambaram, lots of people argue not without justification, is all about bluff and bluster without any concrete achievement on the ground. His record in the finance ministry fully endorses that view,' argues Virendra Kapoor.
Is it inconsistency in policy, or the lack of robust support?
The government must justify why we need to buy foreign reactors when we have developed up to 700 MWe unit-size pressurised heavy water reactors, a design which can be easily extended to 900 to 1000 MWe unit size. Why can't the 'Make in India' philosophy apply to indigenous nuclear reactors, more than 18 of which have been designed, built, and being operated by Indian engineers, asks Dr A Gopalakrishnan.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
Tax incentives to have cascading effect on the capital goods industry.
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
IMF attributes the slower growth rate to supply-side bottlenecks.
'I was at a very senior position in the CBI and what happens is, hints are dropped for you to act upon. But then it depends upon your conscience, to do it or otherwise.' 'I know the rank and file of the CBI, they will bounce back; it is the leadership which has failed.'
The public-private partnership model is a compulsion, says the minister.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
The decision of the Union Cabinet based on the Group of Ministers recommendations only creates an illusion by removing the political executive and creating a proxy institution instead, says Arun Jaitley
The decision of the Union Cabinet based on the Group of Ministers recommendations only creates an illusion by removing the political executive and creating a proxy institution instead, says Arun Jaitley
Indian economy about to take-off
Pranjul Bhandari, Chief India Economist, HSBC, speaks about a range of issues ranging from inflation, to how Goods and Services Tax and land acquisition bills can help India hit double digit growth, and her impressions about economic growth in the last one year after Narendra Modi took over as India's Prime Minister.
Parekh said divestment can unlock huge funds.
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