The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
2015 is going to witness new agreements on climate change.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
'These people are living on the edge of starvation and governments need to show much greater compassion towards them.'
The Long Range Surface to Air Missile jointly being developed by India and Israel is an answer to potential threats from Pakistan's anti-ship missile.
India has planned 14 strategic railway lines in areas bordering China, Pakistan and Nepal, but most of these projects are stuck for want of funds. Anusha Soni reports
US Ambassador Richard Verma's tips to the Indian states.
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.
Most expect the Budget to be path-breaking.
Budget proposals have set four goals to transform Indian Railways.
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
'Earlier compensation was less, but we have increased compensation four fold. As a result, farmers want to give up their land.' 'Infrastructure projects will create 50 lakh jobs. If today we are building 14 km of road per day, by next March, we hope to take it up to 30 km. My own hope is we can take it to 100 km per day.' 'The government's ambitious Sagarmala project aims to develop port infrastructure along the country's 7,500 km coastline. The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours.'
20 Indian CEOs and 350 companies are participating in the Hannover Fair.
The International Fleet Review, conceived as a show of the country's naval might and readiness for battle, saw as many as 100 naval ships, including 70 from the Indian Navy, taking part in the second edition of the coveted event.
Narendra Modi, says T V R Shenoy, is 'busy trying to woo back two constituencies that were crucial when the BJP won power in the elections of 1998 and of 1999, namely UP (and the Hindi belt in general) and educated youth.'
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
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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