IPA Staff
16654 stories by IPA Staff
Pro-Corporate Fraudulent Employment Schemes Mark 2024-25 Budget
By P. Sudhir The Indian economy is at a critical cross-road, where the GDP growth is in no way boosting the employment generation capacity. Even within the jobs created, 57.3 per cent are self-employed, 18.3 per cent are unpaid household workers and more than 45 per cent are employed...
Union Budget 2024-25 Further Strengthens Grip Keeping States Fund Starved
By Dr. Gyan Pathak India’s Budget 2024-25 once again strengthens the Centre’s grip over the states by keeping them fund starved. They now seem to be on complete mercy of the PM Narendra Modi led government for funds. Despite the 15th Finance Commission’s recommendation for 41 per cent of...
Supreme Court’s Interim Order May Not Be Implemented By Two BJP State Govt’s On Ground
By Krishna Jha Supreme Court stays the Kanwar Yatra row. In its interim orders to Uttarakhand and Uttar Pradesh governments, it said, “Do Not force the owners of eateries along the Kanwar Yatra route to display their names outside shops.” According to legal news website “Live Law,” The court...
India Emerging As The Most Attractive Destination For Global Cement Manufacturers
By Kunal Bose China has cement capacity of around 3.5bn tonnes (source China Cement Big Data Research Institute) in which the industry leader China National Building Material (CNBM) Group alone has a share of 515m tonnes while the second largest player Anhui Conch has capacity of around 370m tonnes....
President Maduro Fighting A Grim Battle To Retain Power In July 28 Prez Polls
By Satyaki Chakraborty Venezuela is at cross road as the country with 31 million population is going to elect the next President in the Presidential polls scheduled on Sunday, July 28. President Nicholas Maduro who is ruling the South American nation since 2013 is being challenged by the national...
Sudden Demand By Bengal BJP Chief For Merging North Bengal With North East Is Baffling
By Tirthankar Mitra KOLKATA: West Bengal unit of BJP seems to have developed a penchant of shooting itself on the foot. This time it is Balurghat MP and Union minister of state for education Sukanta Majumdar who is holding the smoking gun after he has urged Prime Minister Narendra...
Will Kamala Harris Consider Bernie Sanders As Her Running Mate For Prez Polls?
By Ben Burgis NEW YORK: Vice President Kamala Harris has reminded all of a key insight into social and political analysis. In what has become a signature catchphrase, none of us just “fell out of a coconut tree.” We “exist in the context of everything that has come before...
Govt Prepares For Rs 10,000 Crore War Chest To Fight Food Inflation
NEW DELHI: Union Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday said steps were being taken to supply adequate perishable goods to markets, while stating inflation continued to be low and stable, and was moving towards 4 per cent. Food inflation has been stubbornly high. Between July...
Gains In New Orders, Business Activity Surge Pushes Flash PMI To 61.4 In July
NEW DELHI: The private sector economy continued to expand in July, according to a survey by HSBC on Wednesday, propelled by an increase in business activity in both the manufacturing and services sectors. The survey also noted that the pace of job creation was at its strongest in over...
Food Subsidy May Sharply Overshoot Budget Estimate Of Rs 2.05 Trillion
NEW DELHI: The government’s food subsidy outgo in FY25 is likely to see a sharp increase against the budget estimate of Rs 2.05 trillion, because of mounting economic costs of PDS rice, with stocks being 3.5 times the buffer at present. In the budget estimate for FY25, the finance...
Banks Cautious On Lending To Stressed MSMEs Due To NPA Classification Rules
MUMBAI: Even if the Union Budget prompted banks to lend to the stressed micro, small, and medium enterprises (MSMEs), banks are worried that such loans could turn into non-performing assets (NPAs) if the bad loan classification rules are not relaxed. On Tuesday, Finance Minister Nirmala Sitharaman announced a new...
Credit Rating Agencies Upbeat On India’s Fiscal Consolidation Plan
Global credit rating agencies have given thumbs up to the FY25 Budget, lauding the government’s firm commitment to deficit reduction, with Moody’s Ratings noting that the Budget is credit positive. “Policy continuity is reflected in the government’s capital spending on infrastructure, which remains around 23 per cent of total...
The Enlarged NDA Government’s New Budget Has Little For The Common Man
By Nantoo Banerjee The annual government budget is all about the expenditure and its direction. Income is generated generally through tax and non-tax revenues and borrowing to take care of the expenditure. Normally, the expenditure part comprises seven main aspects – the government’s own maintenance cost, defence, healthcare, social...
Decoding The Secret Formula Employed By Nirmala Sitharaman In Her Budget
By K Raveendran Finance minister Nirmala Sitharaman has provided a theoretical framework, explained in the acronym EMPLOYMENT, for her budget formulation: E for Employment and Education, M for MSMEs, P for Productivity, L for Land, O for Opportunity, Y for Youth, M for Middle Class, E for Energy Security,...
Indian Railways Budget 2024-25 Shifts Focus From Poor To Aspirational Class
By Dr. Gyan Pathak Indian Railways Budget 2024-25 has clearly shifted its priority from addressing the needs of the poor and common people as a means of mass transport system at affordable travel cost to fulfilling the demands of the aspirational class of the country who can afford the...
Modi-Shah Duo Planning Meticulously To Make Nitish Politically Irrelevant
By Arun Srivastava Two decisions by Narendra Modi granting big financial bonanza to Bihar denying the special category status to the state which was the main demand of the chief minister Nitish Kumar and the withdrawal of the ban on the RSS members to work in government services, are...
India Emerging As The Most Attractive Destination For Global Cement Manufacturers
By Kunal Bose Like in so many other industries, China dwarfs all other cement producing countries in capacity and production. And that is not going to change any time in future either. The other Asian nation India endowed with rich limestone deposits spread in various parts of the country...
Union Budget 2024-25 Once Again Gives Kerala The Cold Shoulder
By P. Sreekumaran THIRUVANANTHAPURAM: It is once again an unremitting tale of wilful neglect and political bias. The first Union Budget of the Modi Government 3, presented by Finance Minister Nirmala Sitharaman, has once again given short shrift to Kerala’s wish list. Not that there were huge expectations from...
