'There is no immediate threat to the government, and they would prefer the growth agenda.'
The Indian Institute of Technology, Kharagpur, (IIT-KGP) has lined up four courses for rural development this year to facilitate skill development among the rural youth as well as create self-employment opportunities.
The premises are alleged to be of the domestic help of Jharkhand Rural Development Minister Alamgir Alam's personal secretary Sanjiv Lal.
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.
Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer
'If you can simplify the technology, you don't need a doctor or a highly qualified technician to work on the technology; even an Asha health worker or a similar front line health worker can use it with minimal training.'
Arshdeep Singh registered career-best figures of 6/40 to help India D outclass India B by 257 runs.
Shreyas Iyer, aiming to make a comeback to India's Test squad, fell for a second successive duck in the ongoing tournament.
President Droupadi Murmu addressed both Houses of Parliament, highlighting the government's achievements in various sectors, including economic growth, social welfare, and infrastructure development. She emphasized the government's efforts to lift the economy out of "policy paralysis" and create a more inclusive society. Murmu also acknowledged the challenges posed by digital fraud and cybercrime and stressed the need for a social infrastructure revolution. The President's speech is considered a policy statement, outlining the government's vision and roadmap for the future.
Faced with huge cost overruns due to a delay in building the rural roads under Bharat Nirman, the Planning Commission is now looking at alternative ways to fund the ambitious rural development project of the United Progressive Alliance (UPA) government.The rural road project, christened the Pradhan Mantri Gram Sadak Yojana (PMGSY), has seen tardy performance on the target of constructing 146,185 km of rural roads by 2009.
Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.
The Maharashtra government has transferred Rs 17,505.90 crore into the bank accounts of 2.38 crore women beneficiaries under its Ladki Bahin Yojana till December 2024, in the first five months after the scheme was launched. The scheme, launched in August 2024, provides financial assistance of Rs 1,500 per month to eligible women. The objective of the scheme is to promote employment and economic development by providing adequate facilities to women and girls in the age group 21 to 65 years. The scheme aims to promote the empowerment of women and girls and improve the health and nutritional status of women and children dependent on them.
Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.
'Don't let anyone tell you that you can't do something just because it hasn't been done before. Take that first step. Keep learning. Believe in yourself even when no one else does.'
Unlike Anil Ambani led Reliance Group or the Adani Group, Tata did not announce any mega investment.
The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.
The Supreme Court of India has upheld a Bombay High Court order reinstating a woman as the sarpanch of a Maharashtra village, stating that bureaucrats cannot be allowed to "frustrate grassroot democracy." The court criticized instances of bureaucrats misbehaving with elected representatives and attempting to disqualify them by reopening old cases. The case involved Kalavati Rajendra Kokale, whose resignation from the sarpanch's post was withdrawn, but the Raigad district collector declared a vacancy and conducted a fresh election. The court found the collector's actions illegal and upheld Kokale's reinstatement, highlighting the importance of respecting the democratic process and elected representatives at the grassroots level.
Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due to a decline in the prices of vegetables, eggs, and pulses. The Consumer Price Index-based retail inflation was 5.22 per cent in December and 5.1 per cent in January 2024. The previous low inflation was in August 2024 at 3.65 per cent.
Kharge will take care of IT & BT along with existing portfolio, while Large & Medium Industries Minister M B Patil has been given the additional charge of Infrastructure Development.
Born to former Santosh Trophy player Mohammed Sayeed, this transfer marks a significant milestone for the promising young talent from Makrana, Rajasthan.
The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.
'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'
It will be interesting to see what shifts have been recorded in the last decade-and-a-half -- from the effects of demonetisation and Covid's second wave to the drop in fertility and increase in farm workers -- but we will only know this if and when the Census is conducted, points out Aakar Patel.
Chief ministers of West Bengal, Jharkhand and Odisha on Wednesday evening condoled the demise of Tata Group's chairman emeritus and veteran industrialist Ratan Tata, and said his legacy will live on forever.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
MNREGS labourers are usually engaged in irrigation projects.
Timely payment under the MGNREGA is essential as it is a demand-driven scheme.
In a significant policy shift aimed at boosting agri-productivity and rural prosperity, Finance Minister Nirmala Sitharaman on Saturday announced six new agricultural schemes while increasing the subsidised Kisan Credit Card loan limit to Rs 5 lakh from the existing Rs 3 lakh, benefiting 7.7 crore farmers, fishermen, and dairy farmers.
'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'
Karnataka Chief Minister Siddaramaiah on Thursday held discussions with his cabinet colleagues in the wake of the Governor Thaawarchand Gehlot reportedly issuing him a 'show-cause notice', seen as a precursor to sanctioning his prosecution in the alleged Mysuru Urban Development Authority (MUDA) site allotment 'scam'.
The Bihar government has formed a state-level task force to monitor actions taken by authorities to prevent and eradicate child marriages in the state. Bihar has the second-highest rate of child marriage in India, with 40.8% of women getting married before turning 18. The government is implementing a multipronged strategy to combat child marriage, including stricter enforcement of the law, empowering girls through education, and raising awareness.
The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric vehicles more affordable for the buyers, auto industry leaders said on Tuesday.
Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget. The prime minister on Tuesday met eminent economists and sectoral experts at NITI Aayog to hear their views and suggestions for the upcoming Budget. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025.
In a significant move, 130 Dalit families in West Bengal were finally allowed to enter the Gidheshwar Shiv Temple after being barred for nearly three centuries due to caste discrimination. The families, who are primarily cobblers and weavers, had faced social and economic exclusion for their attempts to worship at the temple. Local authorities intervened after multiple rounds of discussions with village elders, temple servants, and political leaders, leading to a resolution of the long-standing dispute.
All-rounder Shams Mulani starred with the ball to spearhead India A's remarkable recovery against India D on Day 1 of the Duleep Trophy match.
'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'
The number of suspected Guillain-Barr Syndrome (GBS) deaths in Pune district, Maharashtra, has reached six after a 63-year-old man died. The outbreak has been linked to water contamination caused by campylobacter jejuni, a common bacterial pathogen that causes gastroenteritis and can trigger GBS. The number of suspected GBS cases has risen to 173, with 140 diagnosed with GBS. 34 patients are in Pune Municipal Corporation limits, 87 from newly added villages in PMC area, 22 from Pimpri Chinchwad civic limits, 22 from rural parts of the district, and eight from other districts. Of the 173, a total of 72 have been discharged, 55 are in ICU and 21 are on ventilator support.
Uttarakhand Chief Minister Pushkar Singh Dhami has announced that the state will become the first in independent India to implement the Uniform Civil Code (UCC), with the date of implementation to be announced soon. The UCC, which aims to unify personal laws for all citizens, has been approved by the state cabinet and preparations for its implementation are almost complete. Dhami stated that the training process for UCC implementation is nearly finalized and the government is aiming for a swift rollout. Speculation is rife that the UCC could be implemented on Republic Day, coinciding with the conclusion of municipal elections. The UCC includes provisions related to marriage, divorce, annulment of marriage, succession, and live-in relationships. The state government has introduced a dedicated portal for online registration of related matters and has authorized Common Service Centers (CSC) to simplify access for citizens. In remote areas, CSC agents will provide door-to-door services. The Gram Panchayat Development Officer will serve as the Sub-Registrar for registration work in rural areas. The government has also implemented Aadhaar-based registration to make the process easier. Citizens can track their application status through email and SMS, and an online complaint portal has been set up. Dhami dismissed Congress allegations of divisive politics, emphasizing that the UCC provides a uniform system and law for all.
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
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