With India-Japan summit being postponed, the Guwahati administration is now dismantling what is left of the arrangements that were made for Modi-Abe meeting.
Before govt decides to do either, it needs to take a view about the macroeconomic picture. Is this a time for fiscal expansion, or for fiscal consolidation?
Some clauses in data protection bill are expected to be controversial, so Modi govt could agree to refer it to a select panel of both Houses of Parliament.
Read full text of statement signed by more than 1,000 scientists & scholars who say they find it troubling that bill uses religion as a criterion to determine citizenship.
All ministries have been asked to provide the PMO a list of opinion pieces, editorials and columns about govt policies, along with a summary and feedback.
In his first comments since the cabinet cleared the Citizenship (Amendment) Bill, PM Modi said those with faith in 'Mother India' can look forward to a better future.
A stunted middle class may be a direct result of extreme inequality. Folks at the top don’t see teeming masses as a meaningful market, except for utilities, soap, short videos, and personal loans.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
I would be thrilled if the fiscal deficit could be contained to 5%. For the last five odd years, the much vaunted fiscal responsibility and restraint is largely a figment of the imagination. Huge windfall receipts from lower oil prices, off balance sheet borrowings by institutions such as Minister Gadkari’s NHAI and FCI, hoovering out of accumulated reserves – even advance premium payments – of LIC, ONGC, lately the RBI, we really do not know how large the fiscal hole is, beyond understanding that the state governments are equally stretched. So one would not agonise over 50 basis points above 3.3%. 2. It is now becoming clear that the economic slowdown, attributable almost entirely to how the economy has been managed, is adding to fiscal stress. It is also exacerbating the NPA mess, because few corporates could have foreseen in September 2013 where we would end up.
I would be thrilled if the fiscal deficit could be contained to 5%. For the last five odd years, the much vaunted fiscal responsibility and restraint is largely a figment of the imagination. Huge windfall receipts from lower oil prices, off balance sheet borrowings by institutions such as Minister Gadkari’s NHAI and FCI, hoovering out of accumulated reserves – even advance premium payments – of LIC, ONGC, lately the RBI, we really do not know how large the fiscal hole is, beyond understanding that the state governments are equally stretched. So one would not agonise over 50 basis points above 3.3%. 2. It is now becoming clear that the economic slowdown, attributable almost entirely to how the economy has been managed, is adding to fiscal stress. It is also exacerbating the NPA mess, because few corporates could have foreseen in September 2013 where we would end up.