India can never be a truly happy, prosperous country unless our passion for growth is combined with compassion for the poor, said Chidambaram.
She hit out strongly against the "misguided" Congress party for backing "fringe groups" at universities which have shown Maoist or separatist tendencies.
The government should shun populist measures and take tough decisions to rein in the fiscal deficit, says Yashwant Sinha.
Union Finance Minister P Chidambaram on Sunday slammed the Bharatiya Janata Party for not supporting the United Progressive Alliance government's efforts to pass a resolution in Parliament on the Sri Lankan Tamils issue and rejected accusations hurled at the Congress.
LIC, EPFO and PSBs are likely to be asked to subscribe to bonds.
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
The former finance minister, who walked out of jail on Wednesday night, joined other Congress MPs voicing their protest against the steep hike in onion prices.
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
A small-scale industrialist in Puducherry was arrested on Tuesday for allegedly posting 'offensive' messages on the micro-blogging site Twitter targeting Union Finance Minister P Chidambaram's son Karti Chidambaram.
The plan could mature into either an umbrella programme for urban youths similar to the Garib Kalyan Rozgaar Abhiyaan or a modified urban-focused version of MGNREGS.
According to a CII statement, Godrej mentioned that in the given economic condition, it would have been natural to seek a stimulus including reductions in excise and service tax rates.
Union Finance Minister P Chidambaram's proposal about setting up an all-women bank -- first suggested in this year's budget -- received much acclaim.The proposed bank will lend mostly to women and women- run businesses, support women self-help groups and women's livelihood, Chidambaram had said.
On the last day of campaigning at Pokhran in Rajasthan, Bhartiya Janata Party prime ministerial candidate Narendra Modi took potshots at the son-in-law of chairperson of United Progressive Alliance Sonia Gandhi, Robert Vadra.
Students across Tamil Nadu, including in Chennai, continued their protests on the Sri Lankan Tamils issue while some fishermen in Nagapattinam district observed a fast mid-sea.
Addressing officials of Puducherry government and various banks at a meeting organised by state level Bankers Committee in Puducherry, Chidambaram said 'with the availability of banking technology, the scheme is not a complex arrangement but an easy programme.'
Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippines-based Asian Development Bank (ADB).
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
How Kamal Nath left the Opposition leaders stumped... Why Montek Singh is avoiding the poverty line... Mamata Banerjee's newest enemy. All this, and more, in this week's Dilli Gupshup.
How Kamal Nath left the Opposition leaders stumped... Why Montek Singh is avoiding the poverty line... Mamata Banerjee's newest enemy. All this, and more, in this week's Dilli Gupshup.
Soon after Union Finance Minister P Chidambaram presented the Union Budget 2013 in Parliament, Trinamool Congress leader and former Railway Minister Dinesh Trivedi joined us for the Budget chat.
In an exclusive conversation with Rediff.com, Finance Minister P Chidambaram's son Karthik Chidambaram stated that the Union budget presented by his father in Parliament on Thursday was a "gender sensitive" one.
After discussions, there may be changes the Bill.
Believe it or not, Prime minister Manmohan Singh's Cabinet is unable to arrive at consensus on the exact identity of AADHAAR -- Unique Identification Number (UID).
India needs administrative reforms that make it easy for investors to do business in the country. Currently, it is more difficult to do business in India than in Rwanda, Pakistan, Nepal, Kenya, Nigeria and Bangladesh.
The Delhi chief minister also said the sports bodies should be free from politicians and be handled by professionals.
Two important features are Effective Revenue Deficit and Medium Term Expenditure Framework.
Banerjee asked Modi not to allow "an insufferable blow to the federalist polity of the nation" by depriving the states of the GST compensation. "I am deeply anguished by the Goods and Services Tax imbroglio which tantamounts to a betrayal of the trust and moral responsibility of the Government of India towards the states, violating the very premise of federalism."
Trinamool Congress chief Mamata Banerjee and Samajwadi Party chief Mulayam Singh Yadav on Wednesday threw a spanner in the Congress party's works by proposing a completely different set of names for the post of President.
The equation between the army and its countrymen in a democratic country should be one of mutual pride and implicit trust. Protracted deployment of the army on the home-turf tends to skew the equation. The people tend to perceive it as the occupation-army, says R N Ravi.
A day after Chidambaram asked RBI to speed up the process of issuing new bank licences, Subbarao said last Friday that it would not be possible without fulfilling the enabling conditions for the same.
Congress leaders at the All India Congress Committee presented Union Finance Minister P Chidambaram their most important wishlist for the coming budget, when he came calling at 24 Akbar Road on Thursday evening: 'Since they are now in the election year the Congress needs a people-friendly and a vote-friendly budget'.
Old age pension, scholarships, Minimum wages under Mahatma Gandhi Rural Employment Guarantee Scheme, subsidies for ration and LPG would be paid directly to the beneficiaries.
Mamata Banerjee has announced a Rs 500 crore relief package to assuage those who lost their money to the Saradha chit fund. As West Bengal is dancing on the edge of bankruptcy, this money will be raised from taxes on tobacco. Having already seen their savings go up in smoke the people of West Bengal must now puff away whatever is left, says T V R Shenoy.
'I'll give it to the vaccine manufacturers without guarantees, take the payment in advance and give me the supplies.' 'The moment you give me one lot of supply, I'll give you more.'
Pranab Mukherjee, who has been selected as the UPA's Presidential nominee, will resign on Sunday as the Union finance minister.
As persources, Economic Affairs Secretary Shaktikanta Das will represent India at the 2-day event to be hosted in Islamabad from August 25-26.
Though no reason was officially cited for his absence, Trinamool Congress sources here said Mitra will attend a crucial parliamentary meeting of the party in Kolkata on Tuesday to discuss the Centre's decision to hike diesel price, restrict of subsidised cooking gas and allow FDI in retail and decide the future of the party's ties with the United Progressive Alliance.
Aap ka paisa, aap ke haath (direct cash transfer). This is the new slogan with which the Congress hopes to woo back the aam admi, the poor, the marginalised and the weaker sections as the government has launched an ambitious direct cash transfer scheme with Union Finance Minister P Chidambaram calling it a 'game changer'.
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