FMs’ conclave: Opposition-ruled states to build pressure for fair share in 16th Finance Commission

FMs’ conclave: Opposition-ruled states to build pressure for fair share in 16th Finance Commission

The issue of significant cuts in the Central financial allocations to some states due to their progress in certain areas will be a major highlight when Finance Ministers from four South Indian states and Punjab meet on September 12, sources said on Monday. Five opposition-ruled states — Kerala (Left), Karnataka and Telangana (Congress), Tamil Nadu … Read more

With assembly polls due in Tamil Nadu, Kerala in two years, South goes into ‘study’ mode on UPS

With assembly polls due in Tamil Nadu, Kerala in two years, South goes into ‘study’ mode on UPS

Bengaluru: With Tamil Nadu and Kerala headed to assembly polls in two years, the southern states are carefully weighing their response to the Unified Pension Scheme (UPS) announced by the Centre on August 24. Less than two months ago, Karnataka announced a major increase in salaries of government employees, entailing an additional annual expenditure of … Read more

India Can Push Growth Close To 9% By Implementing A Few More Reforms In Next 5 Years: Arvind Panagariya

India Can Push Growth Close To 9% By Implementing A Few More Reforms In Next 5 Years: Arvind Panagariya

Panagariya said Prime Minister Narendra Modi worked hard over the past 10 years to make India a friendly place for businesses, so investment is coming in. India’s economy grew at better-than-expected 8.4 per cent in the third quarter of FY24 — the fastest in the past one-and-a-half years. India can realistically push its economic growth … Read more