The Reserve Bank of India on Friday lowered the country's growth outlook and projected the economy to grow at 6.1 per cent from its earlier projection of 6.9 per cent for the current financial year.
The focus of the second term of the Narendra Modi government is accelerated economic growth led by the private sector and private enterprise, according to NITI Aayog Vice Chairman Rajiv Kumar who asserted that India will be at the "cusp of a major transformation" over the next five years.
Budget 2019-20 has made a clean break from the past by focusing on the big picture and setting out a clear direction for the Modi 2.0 government, Niti Aayog Vice Chairman Rajiv Kumar said Saturday.
The court on May 17 had withdrawn protection given to Kumar from any arrest and had asked the CBI to proceed as per law. It gave a week's time to Kumar to approach the competent court for anticipatory bail.
Niti Aayog vice-chairman Rajiv Kumar is learnt to have told the Election Commission that he spoke against Congress's Nyay scheme as an economist and not as part of the policy body.
In his comments, NITI Aayog Vice Chairman Rajiv Kumar had said Rahul Gandhi's promise of minimum income guarantee to poor is unimplementable.
Kumar’s statement assumes significance as it comes in the backdrop of Rahul Gandhi pressing the government on the issue, saying he will not let Prime Minister Narendra Modi sleep until a loan waiver is given to all farmers.
Chidambaram had sought a debate with Kumar on the revised GDP data which showed economic growth during the current NDA regime was better than that in the UPA rule.
On November 8, 2016, Prime Minister Narendra Modi had announced the demonetisation of high-value currency notes.
According to Rajiv Kumar, the growth will be driven by improvement in investment cycle and capacity.
"It is indeed a positive budget... Not only did the Finance Minister (in his Budget speech) say that the Minimum Support Price for Kharif crops would be 1.5 times the input cost," Kumar said
The "quick pilot" project includes 55 locations with 135 charging stations. Of these, 46 are DC quick charging stations and 89 are slower AC charging stations.
Rajiv Kumar admitted that there have been problems on account of demonetisation and GST implementation. However, he added that now people have adapted to the new tax regime.
India's GDP growth rate slid to a 3-year low of 5.7 per cent in the first quarter (April-June), mainly on account of slump in manufacturing
Lucknow,Jan 11: A public interest litigation (PIL) has been submitted in the Allahabad High Court seeking dismissal of Principal Secretary (appointment) Rajiv Kumar, who was convicted by a CBI court in the Noida plot allotment
Lucknow, Nov 20: Principal secretary (appointment) Rajiv Kumar, who was convicted by a CBI court in the Noida plot allotment scam, was tonight shifted and put on waitlist by the Uttar Pradesh government.Rajiv Kumar, who
Ghaziabad, Nov 20 : Former Uttar Pradesh chief secretary Neera Yadav, who served as Noida chairperson, and another Indian Administrative Service (IAS) officer were given three years' jail by a CBI special court here for
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