'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
As per latest government data, retail inflation inched up to a 22-month high of 5.77 per cent in June.
The notes argue that it will widen the talent base available to govt to deliver increasingly complex services to a demanding population.
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
Dearness Allowance for central government employees has been hiked to 31 per cent of the basic pay from 28 per cent with effect from July 1, 2021, the Finance Ministry said. In an office memorandum, the Department of Expenditure, under the Finance Ministry, said the term 'basic pay' means the pay drawn as per the 7th pay commission matrix and does not include any other type of pay like special pay, etc. "....the Dearness Allowance payable to central government employees shall be enhanced from the existing rate of 28 per cent to 31 per cent of the basic pay with effect from July 1, 2021," said the office memorandum dated October 25.
The remarks by Naidu in his last address as the country's Vice President came even as Telangana's ruling Telangana Rashtra Samithi RS said the welfare of poorer sections of society is not a freebie and that welfare measures taken by governments should continue.
The leaders alleged that those who had no contribution in the freedom struggle wanted to spread fear 'in the name of nationalism', suppress the voice of people and were questioning the legacy of Congress.
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
Other losers included HCL Tech, Yes Bank, IndusInd Bank, TCS, ONGC, Bajaj Finance, PowerGrid, Vedanta, Asian Paints, NTPC and Hero MotoCorp, which shed up to 4.07 per cent.
Thirty-five Union ministers on Friday huddled in a strategy meeting for an image make-over for the government on a day when Congress began its foot march against the land bill from the symbolical Bhatta Parsaul village.
RBI's latest rate cut will bring down home, car loan's EMI.
Market hopes govt will hike capital expenditure.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
'Though federal, the Constitution is unitary in nature. All matters relating to revenue are centralised. It is necessary that matters related to finance have to be decentralised... States need more freedom in designing schemes with their interest in mind. There has to be a Constitutional amendment to give more powers to the states. A special session of Parliament should amend the Constitution, especially the 7th Schedule,' Kerala Finance Minister K M Mani tells Rediff.com's Shobha Warrier.
Finance Minister P Chidambaram on Monday announced in the Budget for 2005-06 that the Planning Commission has drawn up Tsunami relief programme costing Rs 10,260 crore (Rs 102.6 billion).
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Chief Economic Advisor Arvind Subramanian's interview.
The TDP supremo said he had not contacted any party yet but given the 'TDP's credibility' they were supporting the no-trust motion.
A lot has been written about the impact of the recommendations.
Finance Minister Arun Jaitley on Tuesday assured Rajya Sabha that the Centre will fulfill all commitments made towards Andhra Pradesh in 'letter and spirit', following protests by some Congress members.
Civil servants, armed forces and paramilitary personnel will get to rejoice this Independence Day with the government all set to approve the Sixth Pay Commission report in its Cabinet meeting on Thursday.
Uddhav Thackeray and his followers have the option to stop riding a tiger and commence work around a more meaningful and enduring political ideology. It is an option Eknath Shinde's side may not have, supported as they were by the BJP, to maintain continuity of the old Sena, argues Shyam G Menon.
These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.
Agri experts are meeting FinMin ministry officials on Monday to give their inputs on the Budget.
Rangarajan said that growth has many dimensions to it.
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The new capital of Andhra Pradesh is expected to be in the Vijayawada-Guntur region.
The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.
Beyond welfare politics, the BJP has assiduously worked to appropriate regional icons.
Major Shweta Pandey was commissioned in the Army in March 2012 from the Officers Training Academy, Chennai.
The Sixth Pay Commission on Monday submitted its report to the government presumably recommending a 40 per cent hike in salary for the central government employees. The commission, headed by Justice B N Srikrishna, submitted its report to Finance Minister P Chidambaram on Monday morning.
There are 1.9 million employees and 650,000 pensioners in Maharashtra.
On his maiden visit to Bihar after assuming power, Prime Minister Narendra Modi on Saturday said politics had hampered the development of the state and promised to give more than Rs 50,000 crore special package to the poll-bound state at the right time.
It doesn't matter that the man who has been given charge of Jayalalithaa's portfolios today started out opposing her.
There is a link between objectives and commitments.
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
'What matters is meeting the needs and expectations of the people who have voted to provide governance for the country.'
'Very soon you will hear the news of two more MLAs from Uddhavji's side joining our camp.' 'And once the Supreme Court verdict comes out, there will be a waterfall.'
Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.
Reddy has worked to reform the economy.
The World Bank held India's Fifth Pay Commission as the "single largest adverse shock" to the country's strained public finance, according to the bank's India Development Policy Review.
