Two days after the Congress alleged that a scam is brewing in the French deal to buy 36 Rafale jets, the Congress and the BJP continued to exchange barbs over it with Rahul Gandhi accusing the prime minister of allegedly changing the “entire deal” to benefit a businessman, a charge debunked by the ruling party.
Plan and Policy
Plan & Policy
Finance Minister Arun Jaitley has said three key structural reforms -- Aadhaar, Demonetisation and GST -- have enhanced transparency and helped in transition from cash to less cash economy.
The government on Wednesday decided to prepone the introduction of cleaner BS-VI grade auto fuels in the national capital from April next year to address the problem of alarming pollution levels in Delhi and adjoining areas.
The prime minister has asked Niti Aayog member Ramesh Chand to study pulses and oilseeds sectors and suggest steps to make the country self-sufficient in these two commodities.
As an interim measure, he has also been asked to examine the import policy so as to ensure farmers get minimum support prices (MSP) for their crops.
After reports of farmers’ protest in several parts of the country due to fall in market prices of many crops below their MSPs, shipping minister Nitin Gadkari had raised the issue with prime minister Narendra Modi last week.
Policy experts in the finance ministry are contemplating steps that could be taken to avoid breach of fiscal deficit target for the current financial year.
Tractor manufacturers in India, who sold 15.5 per cent more farm machines between April and October, are likely to hit a high of 15 per cent sales growth in FY18. Industry experts said the industry sold 4,54,454 tractors in Asia’s third biggest economy in April-October and the sector is set to end FY18 with a 15 per cent growth (6,70,271 units) over FY17.
Home and home contents insurance is an under-penetrated category in India. Insurers who have simplified their policies are seeing significantly high growth in offtake.
Royal Sundaram re-launched its home structure and contents policy in January this year, making the product simpler for customer both at the time of purchase and claim. Between April and September this year, the policy has seen 100 per cent growth in premium. The new and old home insurance category has been growing by 10-12 per cent.
Millennials, or those under the age of 35 years, are alarmingly getting affected to lifestyle diseases like diabetes and cardiac problems, find insurers.
Anti-militancy operations will be further intensified in Jammu and Kashmir with security forces being instructed to eliminate those who continue to indulge in violence in the state, officials said.
The digital world is going to change the way factories operate, with the digitisation process leading to job losses, but it will also create a plethora of highly skilled employment opportunities in the long run, Niti Aayog CEO Amitabh
Kant said today.
He also said that in the connected world, manufacturing will become customer-centric and India must embrace technology with all its might.
"India should not miss the opportunity presented by the fourth industrial revolution, which will also create new kinds of highly paid and highly skilled jobs.