India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
The proceedings were washed out over various issues including the Citizenship (Amendment) Bill and roster system for reservation in educational institutions.
In early 2017, Amit A Shah warned Nara Chandrababu Naidu that Narendra D Modi was not like Atal Bihari Vajpayee to yield to pressure tactics. Soon, Naidu was to discover this for himself.
Nitish Kumar has said the only remarkable thing during the period was that prime minister has more selfies than all his cabinet colleagues put together.
West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.
The purposeful Narendra Modi who won the election has been replaced by a prime minister who looks quite lost, says T C A Srinivasa-Raghavan
More incentives will be given to agriculture sector for increasing agriculture production.
The Economic Survey was tabled in the Parliament on Friday.
The absence of a clear underlying economic ideology in the Budget was quite evident, say experts.
Union Budget 2015 cuold have included few smaller reforms.
The Budget is remarkably coherent.
In his Budget, Jaitley announced a pay hike for the President to Rs 5 lakh per month, Rs 4 lakh for the VP and Rs 3.5 lakh for governors.
The allocation in the defence budget is inadequate to meet India's long-term threats, especially from China and Pakistan, says Gurmeet Kanwal.
All interest free advances stand discontinued with the exception of interest free advance for medical treatment, travelling allowance for family of deceased, travelling allowance on tour or transfer and leave travel concession
Most expect the Budget to be path-breaking.
Four specific areas will be watched carefully in the first half of FY16
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.
The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.
The pay panel had in November recommended 14.27 per cent hike in basic pay at junior levels.
'Modi is still immensely popular and, therefore, he can sustain any number of policy failures.' 'Modi himself has worn multiple faces so it would be naive to think that the Modi of 2021 will be the same Modi that will be campaigning for re-election in 2024.'
The Budget sets out a comprehensive vision.
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
The plan panel on Thursday termed the housing finance racket, involving the chief of LIC Housing Finance and several other officials of PSU banks, as a "very small" incident as far as banking system as a whole was concerned.
The BJP chief began his speech with the slogan of uprooting the TMC government from Bengal and said in order to do that, he would visit all the districts of the state.
Even as Kiran Kumar Reddy has quit the Congress and resigned as chief minister of Andhra Pradesh, protesting against the division of the state, veteran Congress leader and Himachal Pradesh Chief Minister Virbhadra Singh says he, too, will quit the party if its central leadership removes him from the post of chief minister, after the elections.
This is the Centre's highest-ever budgeted capital outlay.
LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.
FM should avoid proposals such as to tax financial transactions and fringe benefits
The finance minister may stagger some of the recommendations.
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
The tug of war between the finance ministry and the Planning Commission over more resources for plan projects worsened, with Planning Commission Deputy Chairman Montek Singh Ahluwalia saying he was keen on getting more money for the 11th Plan.
The fault line between the West and Russia has widened into a deep chasm and this is likely to endure in the foreseeable future. Far from forcing its way into the European tent, Russia may be reduced to the status of an even more sullen and weakened bystander on its periphery. The US appears to have won this hand with little cost to itself, observes former foreign secretary Shyam Saran.
Can Jaitley's team hope to garner 17% more on personal income tax?
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
Shah also said that the parties in power in Uttar Pradesh and Karnataka were answerable for the incidents cited by protesting writers.
The ministers quit their posts in protest against central govt to grant special category status to Andhra Pradesh.
The NRA will have representatives of IBPS, SSC and Indian Railways.
Chief Minister Omar Abdullah on Saturday said he was not going to dilute the status of Jammu and Kashmir by "automatically implementing" all central acts and amendments.
Employees and workers will meet on November 27 to protest against the recommendations
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