Punjab Chief Minister Charanjit Singh Channi rides a motorcycle during a road show in Jalandhar for the assembly elections.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
Punjab has over 400,000 employees and pensioners and about 125,000 staff members in its corporations and boards.
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
Mixed global cues and decline in crude oil prices further dent the sentiments.
Chief Election Commissioner Nasim Zaidi has written to Cabinet Secretary P K Sinha who is likely to consult the parliamentary affairs ministry before framing his response on the government's plans to advance the budget presentation to February 1, sources said.
Deepa Gahlot picks 10 Web series that was worth the viewer's while.
The film is set to release next Friday, June 17, but the makers of Udta Punjab are busy fighting the censor board.
Punjab politics has produced a dog's breakfast on the river waters issue. Except, you'd see even dogs eat better, says Shekhar Gupta.
Per capita income in the state has consistently been below the national average for at least 24 years. However, it has narrowed the gap with the all-India level in recent years.
Major focus will be on adequately funding existing schemes to ensure their timely completion before the next General Elections.
'Nirmalaji must consider herself a very lucky finance minister, partly because of the government's response to covid and partly because we as a nation have done very well as an economy, post pandemic.'
Azad said electoral laws make it clear that the ruling party should have no advantage during elections and both the Opposition and the ruling side should be on an equal footing.
Even as there is a strong anti-incumbency mood in Punjab, the multi-cornered contest has made the 2017 assembly polls prediction more difficult.
'All the venues are high-scoring venues. So what you need is pace.' 'You really want someone to come there and control the flow of runs in the death overs, whether you are setting a target or setting a target.' 'It is going to be the fast bowlers because at how many venues have you seen spinners bowling the death overs?'
Polls in Uttar Pradesh, Uttarakhand, Manipur, Punjab and Goa will be held between February 4 and March 8.
The Jamaat-ud-Daawa, the front face of the banned Lashkar-e-Tayiba has said that it was itself "astonished" over the Punjab government allotting nearly $1 million for it in the budget for the current fiscal year.
Why does Punjab's CM find it hard to fulfill poll promises?
'The power sector accounts for much of the financial burden of state governments in India.'
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
The Punjab government has refused to pay a bill of Rs 6.35 crore to the Center for deployment of paramilitary forces during and after the terror attack at Pathankot air force base.
However, restriction on opening of liquor vends within 500 metres of highways will remain as per the directions of the Supreme Court.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
The government should not go in for an 'aggressive fiscal consolidation' in the upcoming Budget as global risks have not abated, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Wednesday. Goyal further said subsidies are expected to come down as food and energy inflation moderates. WPI inflation in food articles in November was 1.07 per cent against 8.33 per cent in the previous month.
Opposition said saying it lacked vision and road map to execute ideas.
Confrontation between the Sikh bodies of Punjab and Haryana has become more political than religious, says Rediff.com contributor Upasna Pandey.
The Budget session of Parliament was the least productive since the year 2000.
New Delhi's timing couldn't have been worse, both for India's fledgling electric vehicle (EV) sector and prospective electric bike buyers. It was hard to miss the perfect storm brewing for India's EV industry since early 2022. On one hand, you had several accidents involving battery fires that unnerved consumers; on the other, uncertainty had crept in over subsidies.
A move to extend visas on arrival facility to 150 countries and make world heritage sites more tourist friendly has been welcomed.
Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.
There was no immediate response from the Aam Aadmi Party over the matter.
Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various banks. As of February this year, about Rs 35,000 crore of unclaimed deposits were transferred to RBI by public sector banks in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI Governor Shaktikanta Das said while announcing the first bi-monthly monetary policy for the current financial year.
Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
Banking PSU stocks made a brave comeback on Monday after succumbing to losses Friday following the Union Budget's ignoring a long-standing demand by the sector on FDI limits.
She also took a swipe at the Bharatiya Janata Party over its defeat in the just-concluded Himachal Pradesh assembly elections, saying the ruling party's president could not hold on to his home state. "Who is the Pappu now?" she asked.
Blame the voter, who invariably chooses the promise of hand-outs today in preference to a vague promise of, say, better schools tomorrow. Getting the Supreme Court to issue an edict, or Parliament to pass a law, is no solution, observes T N Ninan.
Rahul Gandhi on Tuesday took his fight against the contentious land acquisition bill to Punjab as he travelled by train today to visit the National Democratic Alliance-ruled state and see the condition of farmers with his own eyes.
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