Page 78 - Economy & Policy Analysis
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
 "Andhra Pradesh & Telangana: Govt employees already draw Centre-like pay")
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
 "Madhya Pradesh: Many employees still get fourth pay panel salary")
Haryana: Small in size, rich in financial resources
State estimates salary and pension bill at Rs 24,951 cr for 2016-17
 "Haryana: Small in size, rich in financial resources")
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
 "Delhi: Well placed to absorb impact")
West Bengal: Debt-ridden state faces uphill task
The state is now under pressure to revise the salaries of its 800,000 employees
 "West Bengal: Debt-ridden state faces uphill task")
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
 "Gujarat: Staring at a Rs 6,000-cr burden")
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
 "Karnataka: Pay hikes due in 2017, unions get restless")
 "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
 "Maharashtra: Friendlier policies, ambitious spending")
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
 "Why Karnataka is capital-centric and struggling")
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.
 "Govt to tighten noose on income tax evaders")
Goldman Sachs pegs H2CY16 global economic growth at 3.5%
Brexit and China among top risks that could dent growth, it says
 "Goldman Sachs pegs H2CY16 global economic growth at 3.5%")
25 years of reforms
Business Standard looks at the distance the country has travelled through the lens of key indicators
Jharkhand building land bank to woo industry
Political stability and a couple of big projects are pluses, but focus on medium and small industries is still missing
 "Jharkhand building land bank to woo industry")
25 years of the rupee's historic devaluation
The devaluation was effected to to counter a sharp drawdown in forex reserves; to boost investor confidence, and to improve competitiveness
 "25 years of the rupee's historic devaluation")
UP high on roads & power, but economic logic remains a question
Critics say the stress has been more on political relevance and won't change much on the ground
 "UP high on roads & power, but economic logic remains a question")
NDA's forest policy begins to fall into place
The proposed changes could see growing use of forest land for commercial and developmental projects
 "NDA's forest policy begins to fall into place")
After many twists and turns, Monetary Policy Committee to be in place soon
The MPC is expected to be in place before the next monetary policy review by the RBI in August