'Otherwise, how is the government going to make more revenue?' 'The most important thing the GST does is to transfer money from the household consumers who are the most productive users of capital to the most unproductive users of capital, namely the government.'
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
HPCL is now ready to increase the stake of the state government up to 49 per cent.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
From hobnobbing with the likes of Jacqueline Kennedy and Mick Jagger, the reclusive author-turned-politician has come a long way, says Anita Katiyal
'People residing in the enclaves have led completely isolated lives. They are stateless, have no official identity proof.' 'It is significant that Modi, Banerjee, Sarkar and Gogoi, despite having different political ideologies, are walking in tandem for the cause of the people residing in the enclaves.' 'If the LBA betters the economy of India and Bangladesh, there will be less turmoil in both these countries.'
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
Protester Sasi Perumal's death has given a new fillip to the pro-prohibition movement, which was beginning to draw attention across Tamil Nadu after different political parties began to make it a part of their poll manifesto for next year, says N Sathiya Moorthy.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a determined leader who wants to bring a desired change, the system will begin acting. Today, people think there is policy paralysis, but there is functional paralysis also.' 'When things start moving, people will invest. Many companies are holding cash, many people are not investing. Nobody is making any move. Everybody is waiting for the elections to get over.' Economist and Swadeshi Jagran Manch convenor Swaminathan Gurumurthy in conversation with Shobha Warrier/Rediff.com
The government has provided a long-term vision.
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