Raghuram Rajan is said to have informally written to select policymakers and experts, to curb 'unnecessary' speculation over his future at RBI.
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
Against FY17 target of Rs 56,500 cr, Centre plans to fetch around Rs 6,400 cr in the first half.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
The Bill could be introduced in Lok Sabha very soon.
The finance minister may stagger some of the recommendations.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Capex for next year expected to be up 25% to Rs 3 lakh crore
Modi govt faces extra spending burden due to policies like 7th Pay Commission and OROP
For a long time, the Indian economy has been drifting without a credible monetary anchor.
There are about 500,000 fair price shops in states and UTs combined.
The National Democratic Alliance won 64 seats.
Fiscal situation better but spending cuts likely in FY16 too.
In January-June, India attracted $31 billion (Rs 2.05 lakh crore) in capital expenditure (capex) from foreign companies.
The MPC states that the 4 external members will have a tenure of four years each.
This is the Centre's highest-ever budgeted capital outlay.
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
The outgo for major subsides, is the highest in the first quarter.
The government notified the compliance window under the Act.
In 2014-15, capital expenditure in the April-September period was Rs 99,100 crore.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances