President Pranab Mukherjee today favoured a constructive debate on simultaneous elections to Lok Sabha and Assemblies and funding of polls to eradicate money power. The Government, he said, is also committed to combating terrorism and to ensure that ... Deccan Herald, 1 month ago
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Bhargavi Zaveri and Radhika Pandey explain how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations. Foreign Exchange Management Act, 1999 or FEMA, the current law governing all foreign exchange transactions with Indian residents, creates artificial distortions between identical economic transactions and allows excessive discretion resulting in ad hoc administration. Two ongoing litigations involving foreign investors underscore this need.Rediff.com, 2 months ago
The government is considering several alternatives including creation of a bad bank which can take over bad loans of public sector banks as the NPAs reach a historic Rs 6.95 lakh crore. "Several possible alternatives exist and the issue is being debated on ...Deccan Herald, 2 weeks ago
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people. Participating in a debate on Motion of Thanks to the President's Address in the Lok Sabha, Leader of Congress Mallikarjun Kharge repeatedly targeted Prime Minister Narendra Modi who was present and said he should ...Rediff.com, 1 month ago
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more. Image: Finance Minister Arun Jaitley with Revenue Secretary Hasmukh Adhia (left), Chief Economic Adviser Arvind Subramanian and Economic Affairs Secretary Shaktikanta Das leaving North Block for presenting the Union Budget 2017-18 in Parliament, in New Delhi on February 1, 2017. Photograph: Vijay Verma/PTI Photo. Can you tell us about the central philosophy of the Budget principles? The Budget ...Rediff.com, 1 month ago
'Some of the policies NITI Aayog has taken, we feel lean towards the corporates.''In a democracy, when you are making a policy decision, you are expected to take the views of all the stakeholders.' Dr Ashwani Mahajan, co-convenor of the Swadeshi Jagran Manch, is an associate professor of economics at Delhi University. He has been extremely upset with the NITI Aayog ever since it supported GM (genetically modified) crops. The SJM has decided to convene a meeting of all stakeholders involved ...Rediff.com, 2 months ago
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