The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
Hitting out at the Samajwadi Party government over the Mathura violence, he said it is the biggest failure of the state government which has also failed to control 'goonda raj' in the state.
A Central team will survey flood-affected areas of Bihar on Monday and Tuesday. The team will comprise the joint secretaries of six Union ministries -- home, agriculture, finance, health & rehabilitation, civil supplies & food and social welfare. The team will assess the damage and submit a report to the Prime Minister's Office by the end of this week.
Congress leader Rahul Gandhi on Friday warned that the farmers' agitation will spread across the country if not resolved soon and asserted that the only solution to the issue was to throw the new agri laws in the 'waste paper basket'.
Security of Union Finance Minister Arun Jaitley has been upgraded to topmost Z-plus category and he will be guarded by paramilitary commandos drawn from Central Industrial Security Force now.
Sarma's eyes, according to those close to him, were always set on the top job in Assam. However, the leader who owed his early rise to two former chief ministers from the Congress had to toil for many years with dogged determination to achieve his goal.
The Prime Minister will formally launch the Rashtriya Kaushal Vikas Yojana and the National Skills Mission on July 15
Most of the extra spending in the Budget is in fact an accounting entry that shifts the cost of an interest subsidy to the agriculture Budget that was previously borne by the finance ministry
In its daily briefing, the government also reported Goa is now free of coronavirus.
New body to replace Plan panel might retain 40% of existing staff
Apart from Smriti, Ravi Shankar Prasad and Ananth Kumar took over as law and parliamentary affairs ministers respectively.
India has been maintaining that China has no locus standi in commenting on Jammu and Kashmir.
With the world's worst outbreak of COVID pandemic stalling a nascent economic recovery, the government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help. Some of the economic indicators, including the Goods and Services Tax (GST) collections, still provide confidence and incoming data will throw some more light on the state of the economy, sources said. Services sectors like hospitality, tourism and aviation which had just started recovering were hit hard by the second wave of COVID, the sources said, adding these segments might need some support on an urgent basis from the government.
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.
Work is also progressing on 17 strategic highway-cum-airstrips, three of which have been completed, he said. Besides, work is on in full swing on the Rs 12,000 crore ambitious Chardham project for providing all-weather connectivity to Gangotri, Kedarnath, Yamunotri and Badrinath.
The theme of the reshuffle is to fulfill Modi's earlier promise of 'maximum governance, minimum government.' Some key ministries are likely to be merged.
Pensioners, India Inc may get tax breaks in Budget
Prime Minister Narendra Modi on Sunday assured at the all-party meeting that the government is ready to discuss all issues.
'Now, we have a minimum pension of Rs 1,000 annually.'
Nationalisation has served its purpose. It's time to move ahead, keeping majority ownership of the government in a few banks to serve the people, argues Tamal Bandyopadhyay.
Forty per cent of population will have no access to drinking water by 2030 and 21 cities, including New Delhi, Bengaluru and Hyderabad, will run out of groundwater by 2020.
Trading for long around Rs 75 a kg in Himachal Pradesh, they have risen in a week to Rs 90 a kg. In Jammu & Kashmir, it has gone from Rs 45 a kg a week before to Rs 55 a kg
The blaze at the Oil India Ltd's oil well is so massive that it can be seen from a distance of more than two kilometres, eyewitnesses said.
Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.
For maintaining sustained demand in domestic consumption and household investment, the economy must generate enough jobs in the formal sector,says Shubhashis Gangopadhyay.
Govt mulls gradual switchover to the January-December financial year
The Centre was expecting over six per cent growth of gross domestic product during 2003-04 provided there was normal monsoon during the year.
'The skills and abilities of civil servants are still respected, even though they become whipping boys when things go wrong.'
Scenario is precarious for urad with almost half the crop damaged in major growing states, tur quota of 400,000 tonnes already exhausted.
BMS, BKS and SJM are trying to forge common cause with outfits on the other side of the ideological divide over the government's policies they are not in agreement with.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
Various facets of Mahatma Gandhi's life journey were displayed by the 22 tableaux that rolled down the Rajpath during the 70th Republic Day Parade.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
These events would include celebrating the centenary of Mahatma Gandhi's Champaran Satyagraha in Bihar in a big way. It was Gandhi's first mass agitation in India, where he had led a protest of peasants against forcible cultivation of indigo.
The day-long conference will be chaired by Finance Minister Arun Jaitely and presided over by both Food Minister Ram Vilas Paswan and Agriculture Minister Radha Mohan Singh.
'Where is the spirit of Team India?' asks Chandrababu Naidu.
