Narendra Modi government working on short, medium-term measures to control price rise
NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Thursday said perishable goods are putting upward pressure on inflation and the Narendra Modi government is working on both short and medium-term measures for controlling price rise. The wholesale price index (WPI) based inflation rose to a seven-month high of 1.32 per cent in September, while retail […]
India okays PLI scheme for 10 sectors, including auto, telecom
NEW DELHI: To give an impetus to the manufacturing sector, the Indian Cabinet on Wednesday approved a mega production linked incentive (PLI) scheme for 10 sectors. The total outlay has been pegged at Rs 1,45,980 crore. Announcing the decision, Union Finance Minister Nirmala Sitharaman said that the scheme would entail an expenditure of about Rs […]
Supreme Court asks Modi govt to file status report on confidential proceedings in UK on Vijay Mallya’s extradition
NEW DELHI: The Supreme Court Monday asked the Narendra Modi government (Centre) to file status report in six weeks on the confidential legal proceedings pending in the United Kingdom on extradition of fugitive businessman Vijay Mallya to India. The Centre had on October 5 told the apex court that Mallya cannot be extradited to India […]
Delhi High Court seeks Modi and Delhi governments response on ownership rights in unauthorised colonies
NEW DELHI: The Delhi High Court on Friday sought response from the Narendra Modi government (Centre) and others over a petition challenging certain sections of the act for recognising ownership rights of residents of unauthorised colonies. A division bench of the high court comprising Chief Justice D.N. Patel and Justice Prateek Jalan issued the notice […]
Nearly Rs 12,000 crore loss as Centre tweaked rules over iron ore export: Congress
NEW DELHI: The Congress on Thursday targeted the Narendra Modi government (Centre), accusing it of working for its corporate ‘friends’. The party said that after coming to power in 2014, the Centre has tweaked all the rules to favour private companies to export iron ore, robbing the exchequer of Rs 12,000 crore as duty fee. […]
Modi government allows 5 states to procure 13.77 lakhs tonnes of pulses, oilseeds
NEW DELHI:The government of India has allowed five states to procure 13.77 lakh tonnes of pulses and oilseeds in the current Kharif season (2020-21), the Union Ministry of Agriculture & Farmers Welfare said in a statement on Monday. The five states are Tamil Nadu, Karnataka, Maharashtra, Telangana and Haryana. The Kharif Marketing Season (KMS) 2020-21 […]
Rahul Gandhi asks Narendra Modi government to withdraw farm bills, guarantee MSP
NEW DELHI: Stepping up its attack on the Narendra Modi government (Centre) over the farm bills passed by Parliament, the Congress Saturday ran a social media campaign — Speak up for farmers — with Rahul Gandhi demanding the government withdraw the proposed legislations and give a guarantee on MSP. The three bills were passed by […]
Narendra Modi government’s ‘well planned fight’ against COVID has put India in ‘abyss of GDP reduction’: Rahul Gandhi
NEW DELHI: Taking a dig at the government, Congress leader Rahul Gandhi on Saturday said its “well planned fight” against coronavirus has allegedly put India in an “abyss” of GDP reduction of 24 per cent, 12 crore job losses, 15.5 lakh crore additional stressed loans and globally highest daily COVID-19 cases and deaths. The Congress […]
Narendra Modi government to sell up to 15% stake in Hindustan Aeronautics Limited
NEW DELHI: The government of India will sell up to 15 per cent stake in Hindustan Aeronautics Limited (HAL) through an offer for sale (OFS), which could fetch about Rs 5,000 crore to the exchequer. The floor price for the offer has been fixed at Rs 1,001 per equity share of the company. The price […]
Narendra Modi government needs to spend more, not lend more: Rahul Gandhi
NEW DELHI: Congress leader Rahul Gandhi on Wednesday attacked the government over the state of the economy and said it needs to give money to the poor to restart the economy through consumption. Gandhi said “distractions” through media won’t help the poor or make the “economic disaster disappear” His attack on the government came after […]
Narendra Modi government’s lockdown strategy has failed: Rahul Gandhi
NEW DELHI: Congress leader Rahul Gandhi on Tuesday said the four phases of nationwide lockdown have “failed” and not given the results that Prime Minister Narendra Modi expected. Addressing a press conference, he asked the central government to clarify its strategy as far as opening up of India is concerned and how it intends to […]
India sharply increases borrowing to Rs 12 lakh crore
NEW DELHI: The government of India plans to borrow Rs 12 lakh crore ($160 billion) in the fiscal year to March 2021, up from the previously budgeted Rs 7.8 lakh crore to cushion the blow from the new coronavirus pandemic, it said on Friday. The “revision in borrowings has been necessitated on account of the […]
Narendra Modi government objects to Kerala easing coronavirus lockdown restrictions
NEW DELHI: The Narendra Modi government has come down heavily on the Kerala government for its decision to allow opening of restaurants, bus travel in cities and opening of MSME industries in urban areas, saying it amounts to dilution of lockdown guidelines and also a Supreme Court observation. However, the Pinarayi Vijayan-led Left government in […]
Rahul Gandhi thanks Narendra Modi government for changing FDI norms after his warning
NEW DELHI:Congress leader Rahul Gandhi thanked the government on Saturday for amending the foreign direct investment (FDI) policy after his warning on takeover of Indian companies by foreign players during the COVID-19 crisis. “I thank the Government for taking note of my warning and amending the FDI norms to make it mandatory for Government approval […]
How the Narendra Modi government is weeding out corrupt bureaucrats
NEW DELHI: Government of India employees facing criminal or corruption cases are under a scanner of the Narendra Modi administration which is in the process of weeding out bad elements from the bureaucracy as part of efforts to ensure high integrity and standards. Since June this year, shortly after the Modi government took charge for […]
Narendra Modi government will take necessary steps for benefit of Jammu and Kashmir: Ram Madhav on Article 35A
NEW DELHI: Evading direct response to a question on whether the government of India had any plans to revoke the constitutional provisions giving special status to Jammu and Kashmir, BJP general secretary Ram Madhav said on Wednesday the Narendra Modi government would take necessary steps for the benefit of the state at an appropriate time. […]