Page 77 - Economy & Policy Analysis

How the UP government solved the land acquisition puzzle

State paid four times circle rate in rural areas and twice in urban areas, to acquire land from 30,700 farmers across seven districts for the Agra-Lucknow expressway

Rajanspeak: Quotable quotes from the outgoing RBI Governor

Raghuram Rajan was known to speak his mind. Business Standard brings you some of his most memorable quotes

How politics played a role behind the scenes

Swamy was just the last straw; Rajan's views on intolerance, differences with FM, opposition from RSS were earlier signs of the end of his tenure as RBI Governor

Odisha: Of unkept promises and chasing big-ticket investments

The bulk of the Rs 8.8 lakh crore of investments the Naveen Patnaik government has attracted over the years is in uncertain territory

Measuring the impact of pay hikes

Business Standard takes a detailed look at the impact of the Central Pay Commission hikes on 12 key states

Maharashtra: Fadnavis readies for Rs 21,000-cr mega blow

State govt to set up committee to implement 7th Pay Commission report

Punjab: Financially unfit to implement Centre-like pay hike

Punjab has over 400,000 employees and pensioners and about 125,000 staff members in its corporations and boards

Andhra Pradesh & Telangana: Govt employees already draw Centre-like pay

The employees in both states drew 10-20% higher salary than that of central employees till the Centre announced a 23.5% pay hike for its staff

Madhya Pradesh: Many employees still get fourth pay panel salary

Madhya Pradesh has nearly 750,000 employees who would share the benefit of the pay hike

Haryana: Small in size, rich in financial resources

State estimates salary and pension bill at Rs 24,951 cr for 2016-17

Delhi: Well placed to absorb impact

This will take its fiscal deficit to Rs 4,840 crore, up from the budgeted amount of Rs 2,840 crore in 2016-17

West Bengal: Debt-ridden state faces uphill task

The state is now under pressure to revise the salaries of its 800,000 employees

Gujarat: Staring at a Rs 6,000-cr burden

According to senior state government officials, the Gujarat government paid salaries and pensions worth Rs 29,000 crore in 2015-16

Karnataka: Pay hikes due in 2017, unions get restless

The state follows a five-year cycle based on recommendations by its own pay committee, and the next revision is due in 2017

Tamil Nadu: In debt, state makes SOS call to Centre

Maharashtra: Friendlier policies, ambitious spending

If money allocations, investment commitments are a sign of better things to come, the state can be optimistic. The spread's certainly better than in many other states

Why Karnataka is capital-centric and struggling

Bengaluru dominates the state's economy and its infrastructure mess compounds the problems, with policies lagging need and expectations

Govt to tighten noose on income tax evaders

PM Modi has said that India needs to move from a situation where only a few pay direct taxes and many escape to a situation where more people pay a moderate amount.

Goldman Sachs pegs H2CY16 global economic growth at 3.5%

Brexit and China among top risks that could dent growth, it says

25 years of reforms

Business Standard looks at the distance the country has travelled through the lens of key indicators