News for 'budget implementation'

Cong prez polls: Raj Cong leaders divided over Gehlot, Sachin Pilot as CM

Cong prez polls: Raj Cong leaders divided over Gehlot, Sachin Pilot as CM

Rediff.com25 Sep 2022

Some of them have also endorsed Sachin Pilot as chief minister. However, they added that whatever decision the party high command takes in this regard, they will accept it.

Why Mulayam Singh is like Narendra Modi

Why Mulayam Singh is like Narendra Modi

Rediff.com11 Oct 2022

While Modi had a party and an organisation that supported him, all Mulayam, a self-made man with no inheritance in politics, had was a set of (fairly flexible) beliefs.

Naxalism with guns or pens must be uprooted: Modi tells state home ministers

Naxalism with guns or pens must be uprooted: Modi tells state home ministers

Rediff.com28 Oct 2022

Prime Minister Narendra Modi on Friday mooted the idea of "One Nation, One Uniform" for the police, saying it is just a suggestion for consideration and he is not trying to impose it on the states.

Govt announces cash dole for small farmers

Govt announces cash dole for small farmers

Rediff.com1 Feb 2019

Under the scheme called Pradhan Mantri Kisan Samman Nidhi, Rs 6,000 will be transferred into bank accounts of farmers holding up to 2 hectares of land in three equal instalments.

Army to spend more on pensions than salaries

Army to spend more on pensions than salaries

Rediff.com4 Feb 2020

Rs 111,294 crore has been allocated for army salaries. The Rs 113,278 crore allocated for army pensions surpasses that. Army planners are worried about this drain on funds that could otherwise go towards equipment modernisation.

TN seeks special package of Rs 1K cr to address water crisis

TN seeks special package of Rs 1K cr to address water crisis

Rediff.com21 Jun 2019

The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.

MFs Expect Sebi To Tighten Norms Further

MFs Expect Sebi To Tighten Norms Further

Rediff.com2 Apr 2022

'Looking at the speed at which changes were made post the Franklin Templeton issue, we are awaiting more stricter norms in the months to come.'

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Rediff.com25 Dec 2019

The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.

What to expect on the tax front in 2019

What to expect on the tax front in 2019

Rediff.com15 Jan 2019

India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.

Goa polls: TMC promises Rs 5,000 dole a month scheme for women

Goa polls: TMC promises Rs 5,000 dole a month scheme for women

Rediff.com11 Dec 2021

The Trinamool Congress on Saturday promised to roll out a direct cash transfer scheme for women in Goa if it is voted to power in the state after the Assembly polls due in February next year.

Covid surge may delay India's economic recovery: Fitch

Covid surge may delay India's economic recovery: Fitch

Rediff.com22 Apr 2021

Fitch Ratings on Thursday said the resurgence of COVID-19 infections may delay India's economic recovery, but won't derail it, as it kept the sovereign rating unchanged at 'BBB-' with a negative outlook. It projected a 12.8 per cent recovery in GDP in the fiscal year ending March 2022 (FY22), moderating to 5.8 per cent in FY23, from an estimated contraction of 7.5 per cent in 2020-21. Fitch had in June last year revised outlook for India to 'negative' from 'stable' on grounds that the coronavirus pandemic had significantly weakened the country's growth outlook and exposed the challenges associated with a high public debt burden.

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Rediff.com8 Jun 2022

The home minister said the northeast and the Left-wing extremism-affected areas in the country are tribal-dominated regions and security is a precursor to development there.

No decision yet on NRC, home ministry clarifies

No decision yet on NRC, home ministry clarifies

Rediff.com4 Feb 2020

In a written reply, Minister of State for Home Nityanand Rai said, "Till now, the government has not taken any decision to prepare National Register of Indian Citizens at the national level."

Rahul's 'Hum Do Hamare Do' won't hurt Modi

Rahul's 'Hum Do Hamare Do' won't hurt Modi

Rediff.com16 Feb 2021

It's time Rahul Gandhi became attuned to the reality of the 21st century instead of recycling failed political jargon of the 20th century,' argues Virendra Kapoor.

The many shortcomings of Aadhaar

The many shortcomings of Aadhaar

Rediff.com14 Apr 2022

Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.

Covid will have long-term effect on economy

Covid will have long-term effect on economy

Rediff.com23 Mar 2021

'The finance ministry's decision to accept the deficit target of 4.5 per cent in 2025-2026 appears to have emanated from its endorsement of the Finance Commission's view that the Indian economy will continue to remain impacted by the pandemic, adversely undermining its growth potential,' notes A K Bhattacharya.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

Despite slew of records, problems still plague MGNREGA

Despite slew of records, problems still plague MGNREGA

Rediff.com25 Apr 2021

MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.

A 'successful' Budget won't be an easy task for Jaitley

A 'successful' Budget won't be an easy task for Jaitley

Rediff.com19 Feb 2015

FM needs to convince Indians to invest more in stocks.

30 Years Later, Rao-Singh's Reforms Endure

30 Years Later, Rao-Singh's Reforms Endure

Rediff.com13 Jul 2021

But their trajectory and direction have been largely influenced by politics and the political leadership's understanding of how the economy needs to be managed, explains A K Bhattacharya.

SP manifesto promises major sops for workers, farmers, poor, women

SP manifesto promises major sops for workers, farmers, poor, women

Rediff.com8 Feb 2022

The party released its manifesto -- Samajwadi Vachan Patra -- for the coming assembly elections, shortly after the BJP released its own.

Prez seeks cooperation of MPs as budget session of Parliament begins

Prez seeks cooperation of MPs as budget session of Parliament begins

Rediff.com23 Feb 2015

With clouds of storm hovering over Parliament's budget session, President Pranab Mukherjee on Monday sought the "cooperation" of all MPs in the smooth conduct of legislative business but gave no indication of plans to bring changes in the controversial land acquisition ordinance.

'Govt Knows Demonetisation Is One Of Its Biggest Blunders'

'Govt Knows Demonetisation Is One Of Its Biggest Blunders'

Rediff.com9 Jan 2023

'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'

Petro price hike can help cut Budget deficit

Petro price hike can help cut Budget deficit

Rediff.com5 Feb 2010

The room for political manoeuvre to raise petroleum prices is the highest at this point in time, says Business Standard.

Do our army, navy and air force have enough money?

Do our army, navy and air force have enough money?

Rediff.com13 Feb 2019

Officers responsible for preparing budgets say their detailed costing projections are mostly ignored. The defence ministry simply takes the previous year's budgetary allocations for each service and adds a small percentage to those.

'Not seen such inflation in 7-8 years'

'Not seen such inflation in 7-8 years'

Rediff.com20 Jul 2021

Higher prices are burdening household budgets and threatening the margins of leading manufacturers.

'This looks more like a terror attack'

'This looks more like a terror attack'

Rediff.com2 Dec 2022

'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'

Interest of LIC policyholders will be protected: Anurag Thakur

Interest of LIC policyholders will be protected: Anurag Thakur

Rediff.com4 Feb 2020

Listing of LIC will help bring in greater transparency, public participation and also deepen the equity market.

EV makers urge Sitharaman to rejig rules to boost sales

EV makers urge Sitharaman to rejig rules to boost sales

Rediff.com25 Jan 2021

Ahead of the upcoming Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) has asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second avatar has been able to achieve less than 10 per cent of its target. The Rs 10,000-crore FAME-II scheme which is to be implemented over a period of three years, came into effect from April 1, 2019. It is the expanded version of FAME India I (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) which was launched on April 1, 2015, with a total outlay of Rs 895 crore.

10 HOT Tech Careers

10 HOT Tech Careers

Rediff.com22 Feb 2022

From cloud computing to people analytics, most lucrative future jobs will be dominated by people with digital skills and expertise, explains Sarita Digumarti, chief learning officer, UNext Learning.

2021: A year of many firsts for the revenue dept

2021: A year of many firsts for the revenue dept

Rediff.com23 Dec 2021

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.

Budget brings much-needed relief to banking sector

Budget brings much-needed relief to banking sector

Rediff.com7 Jul 2009

The Union Budget 2008-09 has focused on farm credit.

Economy to see 10.5% or higher growth this fiscal: Niti Aayog VC

Economy to see 10.5% or higher growth this fiscal: Niti Aayog VC

Rediff.com21 Oct 2021

Indian economy is expected to grow 10.5 per cent or more in the current fiscal, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday. Speaking at a virtual conference organised by the Public Affairs Forum of India (PAFI), he also said that modernisation of the retail sector is very much on the cards. "India Purchasing Managers' Index (PMI) for both manufacturing and services has shown a very smart uptick last month. "This (Indian economy) will strengthen even further," he said. "I expect Indian economy to grow 10.5 per cent or higher in FY 22," he noted.

FICCI shocked by low GDP growth

FICCI shocked by low GDP growth

Rediff.com28 Feb 2013

GDP growth figures of a mere 4.5% has placed a greater onus on the government to implement reforms.

Congress-JD(S) panel adopts draft report on CMP

Congress-JD(S) panel adopts draft report on CMP

Rediff.com29 Jun 2018

Siddaramaiah said he was not unhappy about the Congress-JD(S) coalition as was being projected, and there was no doubt about the stability of the government.

How I-T dept hopes to ease compliance burden of taxpayers

How I-T dept hopes to ease compliance burden of taxpayers

Rediff.com22 Jun 2021

The income tax department on Tuesday said its new utility developed to help TDS deductors and TCS collectors identify non-filers or "specified persons" on whom higher rate of taxes will be levied will help ease compliance burden. From July 1, non-filers of income tax returns for the past two fiscal years would be subjected to higher tax deducted at source (TDS) and tax collected at source (TCS) rate if such tax deduction was Rs 50,000 or more in each of those two years. The provision was introduced in the 2021 Budget. The TDS deductors and TCS collectors would be required to check on the functionality of the PAN of the vendor from whom TDS is to be deducted or TCS to be collected, only at the beginning of the financial year.

Despite Rs 400cr loss, Tirupati temple to pay salaries

Despite Rs 400cr loss, Tirupati temple to pay salaries

Rediff.com11 May 2020

Though the 2000 year-old shrine remains closed in line with the national lockdown, all rituals are being conducted uninterruptedly and flawlessly by the priests

Congress lauds Narasimha Rao as 'pride of the party'

Congress lauds Narasimha Rao as 'pride of the party'

Rediff.com24 Jul 2020

Manmohan Singh said Narasimha Rao can truly be called father of economic reforms in India.

Govt to prioritise expenses; Pay Panel, OROP extra burdens

Govt to prioritise expenses; Pay Panel, OROP extra burdens

Rediff.com29 Feb 2016

Jaitley said the government has been able to improve its budgeted expenditure.

E-Samiksha launched to monitor rail projects online

E-Samiksha launched to monitor rail projects online

Rediff.com21 Apr 2015

E-Samiksha can be used for monitoring the infra target.