The Plan outlay of Maharashtra for 2008-09 has been pegged at Rs 25,000 crore inclusive of additional Central Assistance of Rs 250 crore for projects of special interest to the State. This was agreed at a meeting between the Deputy Chairman Planning Commission, Mr Montek Singh Ahluwalia, and the Chief …
A plan of Rs 25,000 crore for Maharashtra for the year 2008-09 was on Wednesday approved by the Planning Commission at a meeting in New Delhi. The approval was given during today's meeting of Chief Minister Vilasrao Deshmukh with Planning Commission deputy chairman Dr M S Ahluwalia. This year's plan …
Even as there were no easy ways of balancing high economic growth with low inflation, Finance Minister P. Chidambaram on Tuesday said the Government would strive to peg the overall growth rate at near nine per cent while containing the inflation rate at close to four per cent. In his …
The SEZ Virodhi Manch has warned Chief Minister, Digambar Kamat that any attempts by the Ministers in his government or by other vested interests in Goa or by the Ministry of Commerce to foist the SEZs on Goa under any label or force the pace of industrialisation by any other …
There were no gasps of surprise when Palaniappan Chidambaram, Indian finance minister, unveiled a populist budget aimed at boosting the chances of the Congress-led governing alliance in the general election due by May 2009. Even so, the details announced on Friday were disappointing for economists concerned about inflation and alarming …
UN report predicts 55 per cent of Indians will live in cities by 2050 Half of the world's population is expected to turn urban by the end of this year. A UN report now estimates that cities in Africa and Asia will account for most of the growth in urban …
The performance of agriculture sector during the year 2007-08, despite its record production of food grains, is still a cause for concern due its low rate of growth (2.6%) affecting the well being of farmers in various parts of the country. This calls for bold measures for bringing about a …
Support for further economic reforms in the context of India's globalisation will be mustered more easily if the deprived sections are assured of some safety net, says M K Venu FINANCE minister P Chidambaram's fifth budget stumped the chattering classes, mostly with incomes of well over Rs 10 lakh a …
This was only a one-time waiver and farmers would fall back into debt Left parties would oppose move to increase working hours from 8 to 10 THRISSUR: Communist Party of India (CPI) general secretary A.B. Bardhan said on Saturday that the loan waiver scheme announced by Finance Minister P. Chidambaram …
The All-India Democratic Women's Association (AIDWA) has hailed Union Finance Minister P. Chidambaram's initiative of taking cognisance of the huge agrarian crisis and taking steps to bring relief to farmers, who include a large number of women also. In a statement, Subhashini Ali, president, and Sudha Sundararaman, general secretary of …
Indian Space Research Organisation's (ISRO) human space mission proposal has got its first significant budgetary share, Rs 125 crore, while the Department of Space has got 24 per cent raise in outlay for its 2008-09 activities. The space budget of Rs 4,074 crore, compared with Rs 3,290 crore last fiscal, …
P. Chidambaram Finance Minister P. Chidambaram on Saturday conceded that the challenge thrown to Opposition members who were dubbing the Rs. 60,000-crore farm loan waiver programme proposed in the Union Budget for 2008-09 as an election sop "to stand up and be counted and not duck the issue' was, in …
A day after presenting his fifth Budget in the UPA government, Finance Minister P Chidambaram said budgets did not win elections, unless they were properly marketed. In a detailed interview on Saturday, Chidambaram said he still aimed at nine per cent growth for the economy in 2008-09. He also indicated …
Finance Minister P. Chidambaram's wife Nalini, their son Kartik and daughter-in-law at the Parliament House after the presentation of the Union budget on Friday. NEW DELHI: In a politically-crafted budgetary exercise ahead of the general election next year, Union Finance Minister P. Chidambaram on Friday announced a massive Rs.60,000- crore …
BHARAT NIRMAN: Allocation increased to Rs 31,280 crore against Rs 24,603 crore in 2007-08. Bharat Nirman, the flagship programme of the UPA government for rural infrastructure, with a cost of Rs 1,74,000 crore and a fast approaching deadline of 2009, got an allocation of Rs 31,280 crore this Budget. The …
Rs 60k-crore farm loan waiver, I-T exemption limit raised. P Chidambaram unveiled a Budget cleverly designed to win him many popularity contests. There were concessions on the income tax, reductions in customs and excise duties, and the mother of all farm loan waivers. While playing to multiple galleries, the finance …
Unemployment is a common global economic malady, the level of which distintly varies between developed and under developed nations with Keynesian involuntary and frictional type in respect of developed nation and structural type as regard to under developed country like India which contributes to maximum growth of population and insignificant …
