The Congress-led United Democratic Front on Wednesday suggested further tightening of the measures on liquor policy if it returns to power.
In a letter written recently to the Finance Minister, Pawar had said that arrears of sugar mills have risen to over Rs 10,000 crore (Rs 100 billion) and there was a need to hike import duty to curb shipments, which is putting downward pressure on local prices.
Hordes of cows rampage through the fields, eating everything in sight. This is after the UP government banned slaughter of cattle. As a result, farmers whose cows become old and are a liability simply sets them loose.
The Nifty and Sensex traded close to their respective all-time highs.
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The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.
Most of the extra spending in the Budget is in fact an accounting entry that shifts the cost of an interest subsidy to the agriculture Budget that was previously borne by the finance ministry
The cost of food has constantly been on the rise.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
Governments must encourage micro-irrigation, use of natural manure and pesticides in a big way. Farm income can be doubled by reducing cost as much as by increasing MSP, says Sanjeev Nayyar.
India's industrial output unexpectedly contracted 4.2 percent year-on-year in October, dragged down by a fall in the manufacturing and the capital goods sector, government data showed on Friday.
A look at the key decisions taken by the Narendra Modi government in its six months.
The India government needs to work on policies that can enhance global trade.
The initiative would provide double the relief announced by the states of UP and Maharashtra, the Punjab CM said.
'UBI is a tricky subject.' 'Our worry is the government could get rid of UPA's social welfare schemes targeted at the poor.'
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.
'The finance minister has told the BJP's core voters we are hearing you and we are sensitive to your aspirations.'
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
'It is a national shame that the only country that enacted a food security act is now better known as the land of farmer suicides. Indian farming can change only if national irrigation policy is implemented in totality,' Dr M S Swaminathan tells Shobha Warrier/Rediff.com
The budget, presented by Finance Minister Thomas Issac, focused on infrastructure development, strengthening of social welfare measures, steps to enhance safety of women, giving impetus to public education and health. It is the second budget by the ruling CPI(M)-led LDF after it came to power last year.
With GDP growth improving to a nine-quarter high of 5.7 per cent and the stock market brimming with optimism, now is the time for Modi to keep his promises.
'Power sits lightly on Arun Jaitley's shoulders. Just because earth-shaking election results have brought his party in power, he has not gone recklessly ambitious. "Too soon, too fast" is not what he likes,' says Sheela Bhatt/Rediff.com about Budget 2014.
'On the tax front, most of the Budget proposals are sensible'.
Chief Economic Advisor Arvind Subramanian's interview.
This was a very strong position and was criticised by many, both from the developed and developing world.
The Economic Survey said that a number of indicators -- GDP, IIP, credit, investment and capacity utilisation, point to a deceleration in real activity since first quarter of 2016-17 and a further deceleration since the third quarter.
The Minister said the department is yet to calculate the exact interest-free loans to be provided to the industry.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
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The scheme was launched in 2012 in collaboration with three Oil Marketing Companies and Union Ministry of Petroleum and Natural Gas for which Delhi Government had incurred an expenditure of Rs 62 crore (Rs 620 million).
A rise in farm sector is estimated to raise demand for industrial goods and services, it added.
About 60 per cent of net sown area of the country is rain-fed. With every one per cent deficit in rains, the country's gross domestic produce falls by 0.35 per cent.
There are many collateral advantages of taking the tough decision.
'The government had six months to prepare for the contingency. When the government is forewarned, it needs to take a decision on contingency measures, evict villagers, provide them with alternate temporary shelter, accommodation, provide food, water, cattle stocks. But none of this is ever done,' says N Suresh.
Here's what celebrities had to say about Arun Jaitley's Budget.
'In macroeconomic policy, timing is all, and by leaving things too late, Mr Modi may have made around 50 seats in the Lok Sabha highly vulnerable,' says T C A Srinivasa Raghavan.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
GST will make it easier for governments to spend more, says T C A Srinivasa Raghavan.
Corruption in the scheme may have nothing to do with fake children being shown to siphon out money, says Somasekhar Sundaresan.
India's near-term growth has improved: IMF
The protection of individual security and privacy is critical to building safe online systems, say Mitchell Baker and Ankit Gadgil.
