The manpower requirement will be met with the officers from FMC (both cadre and deputation) and by new hiring.
The government is determined to stop generation of black money, he said.
2015 is set for a lot of changes - and some that we would like to happen
'The manufacturing sector and the capital goods industry need all the support that the government can provide, because they are working in a global market where trade restrictions are coming down every day,' says Amar Kaul.
As all regulators are part of it, individuals don't need to worry about approaching the right authority
The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.
The Modi administration has been unable to initiate key reforms.
A collaborative approach can yield better results in reforming labour laws that can be implemented in the whole country, instead of different states following different norms in their own jurisdictions. That approach could also help the governments convince the trade unions to see merit in these reforms, says A K Bhattacharya.
An International Policy Network report in 2010 found that seven per cent of drugs bought from wholesale traders were substandard, and 3.6 per cent of the drugs from traders contained no active ingredient whatsoever.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'This can lift us out of confusion, misery, melancholy and failure, and indeed guide us when it is contacted.' 'For us to ignite our spirituality, we need to look inward and transcend our egos. We need to recognize, connect with and integrate the eternal spirit within,' says A P J Abdul Kalam in his latest book, Transcendence.
Leaders from the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation on Tuesday vowed to jointly combat the growing threat of terrorism, transnational crimes and drug trafficking and agreed to intensify efforts to enhance connectivity and cooperation in areas like trade, energy and environment.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
Watal panel had suggested an independent payments regulator be set up.
The ICC Board, at its first meeting of 2016 in Dubai on Wednesday, considered amendments made to the ICC's constitution in 2014 and agreed that, in order to avoid any potential conflicts of interest and follow best practice principles of good governance, it will seek to re-establish as quickly as possible the 'independent' position of ICC chairman.
Curbing the federal deficit is the government's absolute priority on February 28.
Defence Secretary R K Mathur should take to Prime Minister Narendra Modi just five simple measures that would create or catalyse dramatic improvements across the wider defence arena, says Ajai Shukla.
Can Modi and Obama forge a common outlook on international terrorism?
Rajeev Chandrasekhar discusses five issues pivotal for the success of Digital India
Narendra Modi is no reformist, but here's how he could yet change the path India's economy.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
'When you come to Delhi, you see that there are many Kashmirs here -- the Dalits, Muslims, women, bonded labourers.'
US Congresswoman Tulsi Gabbard, newly elected co-chair of the influential Congressional Caucus on India and Indian-Americans, discusses her vision for US-India ties with Rediff.com's Monali Sarkar.
Indian economy about to take-off
