Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to newly sworn-in ministers and reshuffled certain portfolios.
It said the money supply recovered to its pre-demonetisation level in mid-2017 and is now increasing steadily, similar to the previous trend.
EY said out of the nearly Rs 21 lakh crore package, Rs 8.01 lakh crore is on account of liquidity enhancing measures taken by the RBI since February.
Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
The government's largesse was widely expected after the ruling Bharatiya Janata Party lost power in the recent assembly polls in three Hindi heartland states, where rural distress was cited to be one of the reasons for the defeat of the saffron party.
Chidambaram will look at recovery issues with state govts, pending projects, and flow of credit to micro & small enterprises, weaker sections and minority community.
'What is bank recapitalisation? When the rich take loans and do not return and the government returns that money to the banks.' 'What is restructuring 5:25 scheme? The government says don't return now, just tell us you will return after five years.' 'Why don't we apply these schemes to farmers?' 'I want to increase the power of farmers to blackmail the government as everyone in the country has the power to blackmail.'
Farmers will no longer have to wait endlessly for claiming their payments from the government.
'In the last five years of UP government, the UP police were given a fair environment and the rule of law always remained supreme.' 'In these five years, nobody within BJP dared tell a police officer to act against the rule of law.'
Even though the government is making tall claims about the agriculture loan waiver and myriads of schemes for the uplift of farmers in the country, if you want to know the plight of small farmers you have to really go to the grassroots and ask them. In India there is not a single small-scale farmer who is living a happy life with enough income from his fields.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
Official celebrations in most states were restricted to unfurling of the national flag and chief ministers and governors addressing the people, with fewer guests in attendance.
RBI said the improvement in asset quality was driven by state-run lenders which saw a drop both in both GNPA and in the net NPA ratios.
Maggi has also come on the radar of US Food and Drug Administration.
The government on Friday admitted that market prices of pulses are higher than the import rates and said it would soon launch a scheme of supplying them at subsidised rates to people through ration shops.
New Delhi's overall air quality index read 456 at 4 pm, up from 425 at 4 pm on Tuesday.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
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.
Modi will first stop in Rwanda for a two-day visit, then visit Uganda from July 24-25 and finally go to South Africa.
Referring to former prime minister Atal Bihari Vajpayee and BJP veteran L K Advani, Sinha said, "Today's BJP is not like the one in the days of Atalji and Advaniji."
Prime Minister Narendra Modi on Thursday reviewed the impact of Covid-19 on the Indian economy and a possible second stimulus to boost sectors hit hard by the pandemic. Modi held discussions with Finance Minister Nirmala Sitharaman as the pandemic hit sectors from small industries to the aviation sector hard with millions of jobs at stake.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
West Bengal Chief Minister Mamata Banerjee on Saturday tore into Narendra Modi government, accusing it of bulldozing the federal structure and running a Presidential form of government, drawing sharp reaction from the Bharatiya Janata Party.
Successor Anandiben Patel isn't having an easy time, with a protest movement by her own community and new challenges in keeping the mandate
Concerned over possible fall in pulses production due to poor monsoon so far, the government is considering reintroducing its scheme to sell subsidised pulses through ration shops to give relief to common man from price rise.
There were two questions everyone wanted to know the answer to. 1. Did Raghuram Rajan advise the Congress on the much-discussed NYAY scheme, as claimed by Rahul Gandhi? 2. Will Raghuram Rajan become India's next finance minister?
As the issue remained deadlocked with both sides sticking to their respective positions, Prime Minister Narendra Modi, while laying the foundation stone for a new Parliament building, invoked Guru Nanak to underscore the importance of dialogue and noted that the Sikh Guru had said that interaction should continue till eternity.
Niti Aayog has come out with an initiative to improve governance in states.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
We should work in unison to boost growth: FM
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
Haryana Chief Minister Manohar Lal Khattar said protesting against the government 'will not serve any purpose'.
"We are not in a position to take new responsibilities till the present commitments (Rs 60,000 crore farm loan waiver package) are implemented," Agriculture Minister Sharad Pawar said replying to supplementaries in the Lok Sabha. "Let us first implement the farm loan waiver scheme presented in the Budget and see the results," Pawar said noting that more than 81 per cent farmers fall in the small and medium categories which were covered under the package.
NITI Aayog spent a considerable time on restructuring the setup.
The Union Budget is not everyone's cup of tea. But here's how you can make it yours.
Satellite analysis can assess vegetation cover down to field level.
The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.
The area-based income compensation scheme says that farmers should be paid the difference between the actual price they get and the state-mandated MSP. The compensation will be determined on a per acre basis by using district-level estimates of marketable surplus and prices in the harvest season.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
'The finance minister has told the BJP's core voters we are hearing you and we are sensitive to your aspirations.'
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