Budget to tackle rural distress, job creation, investments

PM Modi to meet economists, sectoral experts on January 10

The select group of economists and various sector experts have been invited by NITI Aayog for the deliberations with the prime minister on "Economic Policy: The Road Ahead".

At an event held by the NITI Aayog ahead of the last Union Budget of Modi-led-Govt, in which over 40 economists exchanged their views on a variety of themes such as the macro-economy, agriculture, and rural development, employment, health and education, manufacturing and exports, urban development, infrastructure, transport and connectivity.

The meeting also discussed the fiscal situation but Kumar declined to provide details, citing the impending budget. When asked about the suggestion regarding long-term capital gains tax, he said the issue relates to budget and did not elaborate.

Also, there was a unanimous support to the National Medical Commission Bill.

Kumar added that NITI Aayog will soon come out with a new way of monitoring employment, based on various high-frequency data. Suggestions were also made to treat NBFCs separately, given their role in providing credit to small and medium enterprises.

Dust, not aliens, behind mysterious flickering star
Now, a team of 200 brilliant scientists confirms the reason behind this issue via a crowdfunded astronomy project on Kickstarter . On top of that, the amount of dust needed should be more than the star could have churned out, which is another mystery.

After the presentations, PM Modi assured the experts that the government will "attempt to make the best out of their informative suggestions and views which were presented in new ways through this initiative".

The meeting, according to a senior government official, will be attended by vice chairman and members of Niti Aayog, members of Economic Advisory Council to the Prime Minister (EAC-PM), economists and sectoral experts.

The meeting follows the Central Statistics Office's forecast that GDP growth in the current financial year will slow to a four-year low of 6.5%, from the provisional 7.1% seen in 2016-17, dragged down by deceleration in the agriculture and manufacturing sectors. But the data also showed that the economy is expected to perform better in the second half.

Rajiv Kumar said what emerged clearly out of the meeting was that Prime Minister's call for doubling farmer incomes "is not just a pie in the sky".

Related News:

  • Ethiopia to release all political prisoners

    Ethiopia to release all political prisoners

    Dozens of people were killed in several bouts of violence between ethnic Oromos and Somalis in the Oromiya region past year . Present during the address were members of the Ethiopian Peoples Revolutionary Democratic Front.
    Hector Bellerin's foul on Eden Hazard was a penalty - Thierry Henry

    Hector Bellerin's foul on Eden Hazard was a penalty - Thierry Henry

    Chelsea , who had recently gone ahead of Manchester United to second in the Premier League table, now stay third by a single point.
    Hyundai invests in ride-hailing firm Grab

    Hyundai invests in ride-hailing firm Grab

    Firms such as Hyundai have apparently joined the likes of Softbank, Toyota Tsusho, and Didi Chuxing that had also invested in the current fundraising move by Grab.
  • Fox News' chief DC reporter left after harassment claims

    Fox News' chief DC reporter left after harassment claims

    But there have been questions on whether the network has done enough to address a culture that allowed for such predation. Rosen declined to comment to NPR after it set out in detail what it meant to report.
    'HTGAWM,' 'Scandal' Crossover In The Works Before Kerry Washington-Starrer Ends

    'HTGAWM,' 'Scandal' Crossover In The Works Before Kerry Washington-Starrer Ends

    As with all Shondaland shows, little is known about what will bring Olivia and Annalise together. "‪People. To further add enthusiasm, the " Scandal " crossover episode will be helmed by series star Tony Goldwyn .
    TCS reports larger digital contracts, traction in Europe boosting growth

    TCS reports larger digital contracts, traction in Europe boosting growth

    The company saw a 0.2 per cent decline in its attrition rate at 11 per cent and added about 1,600 employees during the quarter. TCS is ramping up its digital investments and has signed its first $50-million deal this quarter.
  • Mariah Carey Stole Meryl Streep's Seat at the Golden Globes

    Mariah Carey Stole Meryl Streep's Seat at the Golden Globes

    The pop star goes on to talk about finally meeting actor Steve Carell , 13 years after his notorious scene in The 40-Year-Old Virgin where he screams her name while getting his chest waxed.
    Prince of Persia Creator Attempting to Resurrect the Franchise

    Prince of Persia Creator Attempting to Resurrect the Franchise

    Ubisoft is now focused on Assassin's Creed franchise which is still going strong with the launch of Assassin's Creed Origins. The game's creator is trying his best to make it happen. 'Chrissy, I know a few other people who feel the same way.

    Lou Williams Drops A 50 Piece As Clippers Down Golden State

    According to oddsmakers from online sports book Bovada.lv, the Warriors are 12-point home favorites to knock off the Clippers , who opened as a 16.5-point underdog.
  • Doesn't anyone want to direct the Gambit movie?

    Doesn't anyone want to direct the Gambit movie?

    Channing Tatum was attached to star as Gambit , but then Disney bought Fox and everything was sent into uncertainty once again. Tatum came back aboard for a Gambit solo movie in 2014, only for things to never come together for the project overall.
    'Black Jesus' procession draws 380000 in Manila

    'Black Jesus' procession draws 380000 in Manila

    Dom Ramos, SVD as officiating priest. "I will be the hermano mayor again for the feast of the Black of Nazarene", Estrada said. The official also said that Estrada suspended work at the city hall except the department directly involved in the event.

    Kelley Sells 35604 Shares of Marathon Petroleum Corp (MPC) Stock

    MPC holds price to earnings ratio of 21.97 that presents much better indication for a stock's value than the market price alone. Among 33 analysts covering Marathon Oil Corporation (NYSE: MRO ), 15 have Buy rating, 0 Sell and 18 Hold.


Most liked

Mississippi DOT joins Human Trafficking Awareness Month
Wisconsin Attorney General Brad Schimel said human trafficking is deep underground, making it a challenge to address. Because human trafficking occurs behind closed doors, she says better awareness and understanding are important.

Villagers attack Bihar CM's convoy, securitymen injured
Kumar was not hurt in the incident but a few of his security personnel were said to have recieved injuries. Nitish Kumar is on a state-wide tour these days to learn the needs of the people for developing the state.

Kwara FC Players, Officials Escape Death
From pictures circulating on social media, the Kwara United's team bus has been badly damaged from the crash. Oke said that the injured player and officials were receiving treatment in a hospital in Ibadan.

Zidane's credit running out for failing to shake Real up
Real Madrid are still without captain Sergio Ramos , who has suffered a setback in his recovery from a calf injury, per Reuters . The club also appears to have lost some strength in depth after Alvaro Morata and James Rodriguez moved on in the summer.

Kevin Gates Released From Prison
In 2015, Gates was charged with battery for allegedly kicking a female fan at a concert in Lakeland, Florida. Baton Rouge rapper Kevin Gates was released from an IL prison on Wednesday, according to a report.

Microsoft shares pre-order details for the $319 Cortana thermostat
Unlike the Harman Kardon Invoke speaker which is powered by a customized version of Linux, GLAS runs Windows 10 IoT Core . Johnson Controls and Microsoft have teamed up to build a attractive smart thermostat called GLAS .

Unlocked HTC 10 now receiving Android 8.0 Oreo update
The Mi A1 was launched in India for Rs 14,999, but after the recent permanent price cut, it is now available for Rs 13,999. Google , which has already faced dozens of complains with its newly launched Pixel devices is now once again un the news.

LG to unveil its rollabale 65-inch 4K OLED TV
Last year, we had problems with the TV's exclusive use of the soundbar as its primary source to route cables in and out of the TV. CES is the first platform of choice for companies around the globe to showcase their upcoming products and future technologies.

Mei is planning a reshuffle in the British government
At the same time, it is expected that the Prime Minister will resign at least six members of the government. British Prime Minister Theresa May will begin reshuffling her cabinet today (8).

Tanked up Russian thief rammed shop to steal bottle of wine
The drunken driver even pokes his head out of the top hatch at one point in the clip for a look around before backing up the APC. Witnesses believed the man was intoxicated at the time, which seems apparent.

Catalans planning to return exiled president - via Skype
However, the party that won the most votes, which supports the unity with Spain, poured scorn on the plan as Puigdemont is in self-imposed exile in Brussels and would be a "hologram president".

Trump Starts New Year With Round Of Golf, Foreign Policy Problems
On the first day of 2018, the White House released this video looking back on the first year of Donald Trump's Presidency. He's already sent his first tweets of the New Year, criticizing the governments of Iran and Pakistan.

Digital Realty Trust, Inc. (DLR)- Stocks Taking Toll on Performance Valuation
After a recent look, we have noticed that the Piotroski F Score is sitting at 5 or above for Education Realty Trust Inc (EDR). Shares of Federal Realty Investment Trust ( FRT ) traded down $1.60 during midday trading on Wednesday, hitting $123.84.

Minimum wage increase causing great harm
They should have waited a few weeks so they could show how the new minimum wage was affecting the bottom line of their business. More spending will result in more sales of goods and services that will in turn lead to increased business and more jobs.

No Official Confirmation From Pakistan on Suspension of Cooperation
On Friday, Defense Secretary James Mattis said the USA has "had disagreements, strong disagreements on some issues, and we're working those".