President Pranab Mukherjee addressed parliament on February 23, 2016. In his address, he outlined the major policy priorities of the government across different sectors. PRS legislative research has undertaken an analysis of the address and provid
Railway minister Suresh Prabhu lauded the government for presenting a ‘visionary’ combined union budget, saying the provision for Rashtriya Rail Sanraksha Kosh would help railways step-up safety works.
The Reserve Bank of India has cautioned about virtual currencies, including Bitcoins. The RBI advised that it has not given any licence / authorisation to any entity / company to operate such schemes or deal with Bitcoin or any virt
Demonetisation is likely to push back the recovery in Indian banks` asset quality, given the disruptive impact that cash shortages have had on the country`s large informal economy, said Fitch Ratings. Cash shortages caused by the de
Sohan Lal, a traffic constable with Delhi police, is often short of breath, suffers bouts of wheezing and coughing, and sometimes complains of chest pain. He’s only 33 and was recruited after the health and fitness tests policemen have to un
“This budget would tremendously strengthen the economic muscle of the country. It is directionally correct, fiscally prudent and strengthens the governance fabric of the nation,” said FICCI president Pankaj Patel on Wednesday.
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Presenting the union budget 2017-18, finance minister Arun Jaitely announced 1.31 lakh crore for the capital and development expenditure of Indian Railways. A total of Rs 55,000 crore has been allocated for Railways in 2017-18 combined budget.
The political parties can receive donation of only Rs 2000 from anonymous sources. This was announced by finance minister Arun Jaitley in his budget speech. This constitutes a major reform in the system that can bring in transpare
The government will promote BHIM, its mobile-based payment system, with `referral bonus` and `cash back` schemes, finance minis
The government in its union budget 2017-18 has increased Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) alloc
Each online agriculture wholesale market will receive Rs 75 lakh each for the development of cleaning, grading and packaging of the farmers` products. There are 250 regulated markets available on the online platform i.e. e-NAM. Government will inc
Finance minister Arun Jaitley today invoked Mahatama Gandhi to justify the hardships faced by common people due to Narendra Modi Government’s decision of
Sarath Davala has a strong opinion about public welfare. “The public welfare regime in India,” he says, “is an exercise in futility.” Some $20 billion (or about Rs 1.3 trillion) goes into the PDS for providing grain to the
Pahle India Foundation (PIF) has suggested that finance minister Arun Jaitley should take cognizance of some of the possible negative effects of demonetization and take steps to minimize its negative impacts and enhance the adoption of digital cur
The Goods and Services Tax (GST) will create a common Indian market, improve tax compliance and governance, and boost investment and growth; it is also a bold new experiment in the governance of India’s cooperative federalism, said the
New estimates of labour migration in India have revealed that inter-state labour mobility is significantly higher than previous estimates, said the Economic Survey 2016
Human-rights defenders, lawyers and academicians trying to bring justice to the victims of violence in Chhattisgarh – a state hit by insurgency and counter-insurgency – are facing intimidation and harassment. They are the targets of
Finance minister Arun Jaitley on Tuesday said that post demonetisation, once the cash supply is replenished, which is likely to
The Universal Basic Income as an alternative to the various social welfare schemes to reduce poverty was advocated in the Economic Survey 2016-17 tabled in parlia
