Addressing the 2018 Partners' Forum here, he said the central government is set to increase its spending on public health to 2.5 percent of the GDP.
India is maintaining growth momentum on rebounding exports and higher industrial and agricultural output, ADB said in its Asian Development Bank Outlook Supplement.
This equates to an average of 11 new measures per month, which is higher compared to the average of nine recorded in the previous annual overview (mid-October 2016 to mid-October 2017), it added.
Companies want workers with a clean record
The corporate sector is expecting uncertainty to continue in the market for a few more days.
On December 10, the Indian rupee tumbled 50 paise to close at 71.32 against the US dollar.
The announcement has been welcomed by economists and experts.
The announcement comes after Urjit Patel announced his resignation from the post on December 10.
Sales of SUVs, sedans and minivans in the global industry's biggest market plunged 16 percent from a year ago to just under 2.2 million.
World markets were mostly higher on December 11 after the US and China broached plans for talks to soothe a festering trade dispute.
The political economy experiment of the last four years has been dealt a body blow
For the Narendra Modi-Amit Shah combine, the message is that voters can’t be taken for granted and the electorate cares for issues such as economic growth and jobs
The product will cover theft and loss of the bag for six months
Approved in September 2010, the USD 250 million IDIPT aims to boost local economy by enhancing tourism in Punjab, Himachal Pradesh, Uttarakhand and Tamil Nadu.
Indian Space Research Organisation (ISRO) was the highest Indian organisation, at 10th position, and the only public sector firm to feature on the list
The ruling Bhartiya Janata Party (BJP) could lose power in three key states, four TV networks said on December 11, citing votecount leads, potentially handing Prime Minister Narendra Modi his biggest defeat since he took office in 2014, and months ahead of a general election.
Kumar further said although Patel has done an amazing work in the last two years as RBI Governor, the functioning of the central bank is not dependent on any particular individual.
Stating that Urjit Patel's resignation was 'quite shocking and disturbing', Venkatachalam said the reasons for his resignation are obvious and signals a dangerous trend that institutions like RBI are no longer independent
"It is not as if the RBI is dependent on any particular individual," said Rajiv Kumar, vice chairman of the NITI Aayog think tank, adding India's institutional capabilities are very strong.
Reserve Bank of India Governor Urjit Patel resigned on Monday evening after a rift between the bank and the government, shocking financial markets.
On policy, the RBI might soften its stance to adopt a more neutral-to-dovish approach as inflation continues to undershoot the 4 percent target and growth rolls off its peak.
There is a good economic explanation or fiscal explanation for why it is not easy. Because if you put petroleum products in to GST, naturally you will have a loss of revenues," Subramanian said at an interactive session at 'Mathan', a platform for thought leaders, here.
Most states have opted for the trust model and only four states including Jharkhand, Nagaland, Manipur and West Bengal have opted for the insurance route
Corproate executives and economists that Moneycontrol spoke to expressed concerns of instability at the RBI and the impact it will have on attracting long-term investments.
Remember that Patel's is not an isolated case. His predecessor Raghuram Rajan had earned the ire of the same government and left because "there was no offer on the table."