'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
E-governance roll-out needs better infrastructure, privacy protection.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.
'When we say we want to increase pension participation, do we want to increase participation through the savings route?' 'Or do we want people to save in specific pension products?' asks Renuka Sane.
At 89th, India is the lowest-ranked among the BRICS.
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.
ISB professor Tarun Jain talks to Shobha Warrier/Rediff.com about what the government must do to achieve 8 pc growth.
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
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.
Agri-enterprises are finding it hard to expand due to lack of commercial guidance.
From India's fight against COVID-19 to China face-off, Kovind spoke on several issues during the televised address.
'I cannot conceive of any reason than my unsparing criticism of government policies that the government picked me to send a message to many who dare to take it on.'
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Dr Ashwani Mahajan, all India co-convenor of the Swadesh Jaagran Manch and an associate professor at the Delhi University, discusses the state of the Indian economy in an interview with Rediff.com's Shobha Warrier.
'We want to connect unique skills that students have with the unique jobs being created.'
Prof Pradip Narayan Ghosh, former Vice Chancellor of Jadavpur University, Kolkata tells us how the quota system has been unable to make higher education accessible to a large section of society.
Shikha Verma explains how child insurance plans can help you achieve your child's financial dreams.
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
Will Katra's gain be Jammu's loss? Locals in the area are worried that the development of the new railway line will affect their livelihoods, as pilgrims heading to Vaishno Devi will be able to bypass Jammu completely. This will affect tourism, the main source of income for many in the area, observes Upasana Pandey.
'Wealthy Indians don't give as much as Americans because they believe they must leave their wealth to their children.'
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
'Not allowing people to speak or listen is the biggest act of anti-nationalism,' says Arvind Krishna Mehrotra, one of India's finest poets.
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
No country has achieved a faster, deeper modern transformation than China, says former ambassador Kishan S Rana.
In his address to the Harvard class of 2017, Thursday, he shared his Harvard memories and spoke about finding purpose and meaning in one's life.
A data plan currently priced at Rs 100 should not cost more than Rs 34, if India has to make the Internet affordable for 80 per cent of its population.
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
At the Paris climate change summit, there is talk of restricting temperature rise to 1.5?C instead of 2?C, which has been negotiated so far. This would give India less space to grow by limiting carbon emissions further, reports Darryl D'Monte, reporting exclusively for Rediff.com from the French capital.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
Finance Minister Arun Jaitley presented the Union Budget.
'We do not want people who are air dropped and who fly out once the job is done.' 'Ever since liberalisation started, we keep on hearing that it's going to be jobless growth.' 'This speaks of the failure of the foreign returned policy makers.' 'When questions are raised, answers should be given and not a resignation.'
Against all odds, the young and determined Varun Sharma has taken up the responsibility to bring electricity, education and empowerment to a remote tribal village in Odisha, says Manu A B.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
'... for two reasons: the poor quality of education, and the low rate of female participation in the labour force.' 'Unless something is done quickly to remedy these problems, India will just have a large population of low-skill, low-wage, males trying and failing to feed their families adequately.'
M Muneer recommends segmenting the population on the basis of their propensity to embrace new technologies is the key to driving digitisation.
Instead of taking up a plush corporate job, Shadab Hassan chose to start a school for underprivileged children.
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