A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.

"There have been discussions on implementing UBI in J&K -- not just as a pilot in some districts, but in the entire state, according to Drabu's proposal in the state's Budget," said an official. "Finance Minister Arun Jaitley is also supportive of the idea. A presentation will now be made at the PMO."

While they have restructured loans, there is still question mark over the success of such a work-out

Some may lose competitiveness due to higher compliance costs

New Development Bank plans to issue $300-500 mn worth masala bonds in rupee: K V Kamath.

Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.

At a time when major economies have increased spending, India will have to do the same.

Unlike the Advance Estimates which missed the impact of demonetisation, CEA's survey is likely to have a better take on Indian economy.

PM's announcement were focused on those most affected by the note ban.

The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.

A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.

Only 10 people knew of the 500/100 plan

Government hits back, tells rating agency to introspect on processes.

The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.

The idea behind advancing the Budget date is to ensure that the Finance Bill is passed before the start of the financial year, on April 1, so that all central government departments get their full allocations to work with right from the first day

Outgoing governor Raghuram Rajan is said to have shared a cordial relationship with PM Narendra Modi and Finance Minister Arun Jaitley

"We did not abuse RBI governors," says Chidambaram.

A panel will examine the merits and demerits of various dates for the commencement of the financial year.

A committee headed by Patel recommended retail inflation targeting and a monetary policy committee.

Officials cited the example of the Sixth Pay Commission.