Economy Under Modi Government

A new government in India is taking shape. With a growing economy and a vibrant democracy, New Delhi under a revitalised Modi 3.0 is going to be a critical player on the global stage.

The UPA government inherited a healthy economy but made it non-performing in 10 years, the Centre said in its comparative White Paper on the 10 years of the UPA and the decade under Prime Minister Narendra Modi.

With Finance Minister Nirmala Sitharaman getting ready to present the last full budget of the Modi 2.0 government, expectations are high that she will meet the demands of all stakeholders, including the common man who is reeling under the price rise.

Congress leader Rahul Gandhi on Friday slammed the BJP government over the economy and unemployment, saying there are two Indias under Prime Minister Narendra Modi.

The country is gradually reopening its economy, but with more than 8,000 new cases per day, it risks a further spread of the pandemic.

Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...

The total number of coronavirus cases in the country reached 33,610 on Thursday, the centre said, with 1,823 new cases reported in the last 24 hours. The total of deaths was 1,074. Punjab saw its biggest spike in a day with 105 cases. Maharashtra - the worst hit state in the country-crossed the 10,000-mark. The country has been under lockdown for w...

The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Finance Ministry's decision in the wake of the COVID-19 pandemic. Earlier today, Finance Minister Nirmala Sitharaman announced a range of steps for the extension of statutory and regulatory compliances in order to stabilise the Indian economy. The central government has formed a...

Union minister Piyush Goyal's defence of the economy under Prime Minister Narendra Modi's government led to an inadvertent error on the "discovery" of gravity today, setting Twitter buzzing. Jokes and memes flooded the social media platform as some users pointed to Union minister Nirmala Sitharaman's comment on millennials -- while explaining the a...

CPI(M) general secretary Sitaram Yechury on Friday attacked the BJP-led government at the Centre, saying indicators show that the economy has "ground to a halt".

With revenues under strain, the government is borrowing more and seeking to extract additional capital from the central bank. Any further widening in the fiscal deficit would jeopardize the nation's credit rating.

Senior Congress leader P Chidambaram on Wednesday said macro economic indicators confirm that the Indian economy has entered a "disastrous phase of slowdown" and criticised Prime Minister Narendra Modi and Finance Minister Arun Jaitley for their failures.

Union Minister Arun Jaitley on Friday brushed aside a leaked report that suggested a four-decade high in unemployment rate under the Narendra Modi government, terming it as an "unverified draft" that cannot be taken at face value. "I don't think that is a report. It's a draft that has not been approved," he said.

Union Minister Arun Jaitley today said that the Narendra Modi government's budgetary move to exempt those with an annual income under Rs 5 lakh from the tax net will strengthen the country's middle class, enhancing their purchasing power to the advantage of the national economy.

Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government's requests to ease lending restrictions on state-run banks.

A new government in India is taking shape. With a growing economy and a vibrant democracy, New Delhi under a revitalised Modi 3.0 is going to be a critical player on the global stage.

The UPA government inherited a healthy economy but made it non-performing in 10 years, the Centre said in its comparative White Paper on the 10 years of the UPA and the decade under Prime Minister Narendra Modi.

With Finance Minister Nirmala Sitharaman getting ready to present the last full budget of the Modi 2.0 government, expectations are high that she will meet the demands of all stakeholders, including the common man who is reeling under the price rise.

Congress leader Rahul Gandhi on Friday slammed the BJP government over the economy and unemployment, saying there are two Indias under Prime Minister Narendra Modi.

The country is gradually reopening its economy, but with more than 8,000 new cases per day, it risks a further spread of the pandemic.

Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...

The total number of coronavirus cases in the country reached 33,610 on Thursday, the centre said, with 1,823 new cases reported in the last 24 hours. The total of deaths was 1,074. Punjab saw its biggest spike in a day with 105 cases. Maharashtra - the worst hit state in the country-crossed the 10,000-mark. The country has been under lockdown for w...

The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Finance Ministry's decision in the wake of the COVID-19 pandemic. Earlier today, Finance Minister Nirmala Sitharaman announced a range of steps for the extension of statutory and regulatory compliances in order to stabilise the Indian economy. The central government has formed a...

Union minister Piyush Goyal's defence of the economy under Prime Minister Narendra Modi's government led to an inadvertent error on the "discovery" of gravity today, setting Twitter buzzing. Jokes and memes flooded the social media platform as some users pointed to Union minister Nirmala Sitharaman's comment on millennials -- while explaining the a...

CPI(M) general secretary Sitaram Yechury on Friday attacked the BJP-led government at the Centre, saying indicators show that the economy has "ground to a halt".

With revenues under strain, the government is borrowing more and seeking to extract additional capital from the central bank. Any further widening in the fiscal deficit would jeopardize the nation's credit rating.

Senior Congress leader P Chidambaram on Wednesday said macro economic indicators confirm that the Indian economy has entered a "disastrous phase of slowdown" and criticised Prime Minister Narendra Modi and Finance Minister Arun Jaitley for their failures.

Union Minister Arun Jaitley on Friday brushed aside a leaked report that suggested a four-decade high in unemployment rate under the Narendra Modi government, terming it as an "unverified draft" that cannot be taken at face value. "I don't think that is a report. It's a draft that has not been approved," he said.

Union Minister Arun Jaitley today said that the Narendra Modi government's budgetary move to exempt those with an annual income under Rs 5 lakh from the tax net will strengthen the country's middle class, enhancing their purchasing power to the advantage of the national economy.

Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government's requests to ease lending restrictions on state-run banks.