A joint press statement said the ministers highlighted the urgency of reforming the UN and updating its main decision-making bodies, in order to better reflect contemporary realities
Telangana CM K Chandrasekhar Rao on Saturday termed the Agriculture reform Bills as "sugar-coated pill," saying that it will do a lot of injustice to the farm sector in the country
BJP national president J P Nadda hit out at the pposition for calling the three agriculture-related Bills passed by Parliament anti-farmer
India has one of the world's largest arable landmasses, focused sunshine, and water in 40% of land, and so, if the three laws are implemented, India will be transformed
Legalisation of land leasing will help rural poor
Incremental and half-baked reforms are being introduced here and there
You could run a sensible subsidy and price support system at a fraction of today's cost, and still have enough money left over to offer a more generous income support to all farmers, writes T N Ninan
The first step in this direction would be to start with the land that has already been collateralised in the formal financial system
But the government's economic package has a lot going for India's private sector
he IMF in January lowered India's economic growth estimate for the current fiscal to 4.8 per cent
The demand for credit and the credit absorption capacity of the various segments are critical to boosting the supply of credit
Waiting for the next Budget is by itself a delay which we did not want considering the environment which was prevailing all over the world, said Sitharaman
Rigid land and labor laws and protectionist trade policies are hindering investment in India even though the government has made strides in improving the ease of doing business, according to the World
PM Modi's decision not to join RCEP is an admission that even the prospect of joining a massive regional trade agreement isn't incentive enough for New Delhi to launch deep economic reforms.
There is a time for austerity - when there is a boom
Here's a selection of Business Standard opinion pieces for the day
Finance Minister Arun Jaitley today blamed the successive governments' inability to bring in reforms in the infrastructure and power sectors for the rising non-performing assets in the core segments. He said there are a number of sectors which have been impacted by the global slowdown, but some of these were hit more because of the absence of reforms. "There are at least two sectors - infrastructure and power- where we can't blame external factors. Our own inability to bring in reforms adequately in these sectors, I think, caused the difficulty (in banks books)," Jaitley told the BRICS Economic Forum here. Elaborating further, the Union Minister said that in the infrastructure sector the key problem is the inability to adequately and quickly settle the disputes. "We allowed them to pester for an indefinitely long period and now we have taken a number of steps, including amending laws, setting up faster courts, among others. I do hope we are able to get out of it," the minister
Kerosene is predominantly used by rural poor households and hence any change in price is a politically sensitive decision
Business Standard looks at the distance the country has travelled through the lens of key indicators
However, it is likely to outperform other emerging markets over medium-to long-term