Managing expectations is a challenge for policymakers.
If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
Reddy has worked to reform the economy.
RBI aiming to bring down headline number to 8% by end of this year and to 6% by the end of next year.
Raghuram Rajan explains the rationale for his policy stance and other issues.
'As long as Pakistan exists, the situation will not stabilise and violence is bound to erupt from time to time.' 'Though not a final solution, a step that could help localise the abscess -- trifurcate Jammu and Kashmir state into three parts: Jammu, Ladakh and the Valley.'
As West Bengal, Kerala, Assam, Tamil Nadu and Puducherry prepare for new administrations, one is reminded of the disparity that runs through the veins of the Indian states, notes Mihir S Sharma.
Indian regulators have identified certain groups as 'financial conglomerates' and they are being monitored closely for any systemic risks they may pose.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
We should improve the business climate in Mumbai and Delhi, and India's ranking would immediately shoot up, says Bibek Debroy, a full member of NITI Aayog.
A total of 123 candidates, including seven ministers of Congress-National Conference coalition, eight former ministers and legislators are in fray for the Jammu and Kashmir's first phase of elections scheduled later this month.
The Supreme Court on April 18 ordered the villagers be provided with basic forest rights in form of the land titles
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
On the occasion of her breaking the world's longest hunger strike, Rediff.com reproduces this 2011 feature on the activist and her life.
Addressing a joint session of Parliament on Monday, President Pranab Mukhejee spelled out the Narendra Modi's government's agenda. Here are the highlights of his speech,
'History will never forgive Manmohan Singh for having ended the Indian growth story and created a culture of entitlement instead of creating a culture of hard work and development,' says Colonel Anil A Athale (retd).
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Without civilisational moorings, India, more a sub-continent than a country, could not exist. Primacy of Dharma has been the cornerstone of Indian civilisation, says Colonel Anil A Athale (retd).
Young, ambitious workforce learns skill degrees come with no guarantees.
'Both reflect prejudice and short-sightedness peculiar to Mr Modi's way of thinking.'
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
Few readers will remember the socialist utopia of Indira Gandhi when food queues were the norm even for the middle class and tankers supplied water at odd hours of the night twice a week. Is that what you are trying to return us to, dear Congress, asks Jaideep Prabhu
'J&K continues to have the highest concentration of military personnel anywhere in the world and the alienation of the Kashmiri has increased in the last ten years than ever before.'
'A change of government will bring about a lot of changes because everything is frozen for the last two years. So, the frozen energies of India will be released.' Swadeshi Jagran Manch convenor Swaminathan Gurumurthy discusses the Modi phenomenon with Shobha Warrier/Rediff.com
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
India Inc has few leaders who are likely to grab headlines in 2015.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
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