An interplay of Modi government's outreach in Bihar and the sequence of events in Chirag Paswan's life could make Bihar a game of musical chairs when the results are out.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
'In India, we are very far away from the per capita incomes of the West. And so the need to support many more people with much more money will come sooner in India than in other nations,' says Aakar Patel.
The temporary disruptions (primarily to private consumption) caused by cash shortages accompanying the currency exchange initiative are expected to gradually dissipate in 2017 as cash shortages ease, the International Monetary Fund said in its regional economic outlook.
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
Ahead of his government's first full year budget, Prime Minister Narendra Modi on Friday sought ideas from economists to attract investments, create jobs and finance infrastructure to put India back on high growth path.
In spite of the high decibel financial inclusion drive being carried out for the past three years, a Crisil study has revealed stark disparities in the spread of banking services, saying the top six cities are home to an astonishing 11 per cent of bank branches.
Now the PMO needs to take the food sector reforms forward.
The prime minister made it clear that the BJP stood for the welfare of farmers and was committed to them
More than 127 million new bank accounts have been opened.
FM should avoid proposals such as to tax financial transactions and fringe benefits
'He is not looking at the interest of farmers. He only wants to do the politics of elections.' 'This Budget is for the new super India. It is exploiting the villages of Bharat.'
In the wake of Gujarat Chief Minister Narendra Modi's projection in the Bharatiya Janata Party as its future leader, political parties have begun to position themselves in the run up to the next general elections, says Renu Mittal.
Most encouraging thing is savings and investment rates are high.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
Describing DBT for LPG as a 'tremendous success,' Oil Minister M Veerappa Moily said the programme, when implemented throughout the country, would help save Rs 8,000-9,000 crore (Rs 80-90 billion) of subsidy from going to unintended beneficiaries.
If the PM wishes to be re-elected in 2019, there are a few things he needs to learn from his predecessor
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
Renu Mittal explains why United Progressive Alliance government's crucial legislative plans may not work despite all its efforts.
Enhanced revenue generation is a priority for the government.
This is the Centre's highest-ever budgeted capital outlay.
Even a doomsayer like Nouriel Roubini says India is in a sweet spot. If only we'd live up to the promise, says Shekhar Gupta.
Budget clearly prioritised growth over fiscal consolidation, said Atsi Sheth, Senior VP, Moody's Investors Service.
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.
The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
'Chidambaram, lots of people argue not without justification, is all about bluff and bluster without any concrete achievement on the ground. His record in the finance ministry fully endorses that view,' argues Virendra Kapoor.
The Modi government's array of economic policy has been impressive.
With Narendra Modi about to make his first Independence Day speech, there is a buzz in Delhi that Modi will make some big announcements to signal major reforms and directional shifts. But we have to wait and see if it happens, says Mohan Guruswamy.
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision.
'When he first came to office, my belief is that the PM's reading of the landscape was that, with a vanquished Congress and fragmented Opposition, he was looking at least at two terms in office. This reading perhaps allows for a more cautious, gradual approach.' 'It was only a matter of time before the government was forced to come face-to-face with a serious corruption scandal. This is not a commentary on the BJP, but a statement about India's political economy.' 'There is growing concern about the government's commitment to freedom of expression, religious tolerance, and an independent civil society. Thus far, the positive movement on strategic and economic matters has crowded out these concerns, but they are lingering beneath the surface.'
'There is no change in the overall story of economic recovery.'
The kind of people Narendra Modi has chosen, the decisions he has taken and the rail and central budgets suggests that he is treading carefully in New Delhi. There is less of innovation and more of continuity, so far. He is not ready to rock the boat and start from scratch, says Sheela Bhatt.
'According to a powerful section of the Congress the vote was anti-Congress, anti-dynasty and pro-Modi, in that order. They say Modi won because he represented and completely played upon "Bhartiyata".' 'Sonia is being accused, privately, of protecting her son at the cost of the party's interest.' 'For the first time ever, 24 Akbar Road, the Congress headquarters, is assessing the "neeyat (intent)" of the Gandhi Parivar, which has never happened before.' A Rediff Correspondent lifts the veil off the churning within the Congress party in the wake of the party's rout in the election.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances