B R Hills (Karnataka): Hitting out at those who criticised the UPA Government's Rs 60,000 crore loan waiver for farmers, Congress MP Rahul Gandhi on Tuesday said questions were not raised when industrialists defaulted on loans. "When one spends one rupee for the poor, everybody asks why we are spending …
Submitting the report of the Sixth Pay Commission to Finance Minister P Chidambaram on Monday, Chairman Justice B N Srikrishna called the recommendation for a hike of 40 per cent in salaries of over 4.5 million Central Government employees and doubling of most allowances "something good for the nation'. At …
The Annual Plan outlay for Madhya Pradesh for 2008-09 was on Tuesday pegged at Rs 14,182.61 crore at a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Chief Minister Shivraj Singh Chauhan. It includes a one-time additional Central assistance component of Rs.150 crore for priority projects. In his …
The 131st meeting of State Level Bankers' Committee was held today under the chairmanship of K Subbaraman, Executive Director, Central Bank of India at the Zonal Office of Central Bank of India, Bhopal. The meeting was conducted by PC Tiwari, Zonal Manager and convenor of the Committee and reviewed the …
The farm loan waiver is the least the government can do to begin the process of healing the farm sector. It must be clearly understood that as against mismanaged industries in private hands that are routinely bailed out by huge debt write offs, the farmers have not created the farm …
The acute shortage of beds in Delhi government hospitals claimed the life of 28-year-old vegetable vendor Vijay Kumar on Sunday. Critically injured in a road accident, Kumar could not get the much-needed ICU care at the Sanjay Gandhi Memorial Hospital due to lack of beds. SGMH has only four ICU …
With construction of Delhi Metro's second phase on full-stream, and the first section between Dilshad Garden and Shahdara up for completion by the year-end, the state budget has allocated a sum of Rs 819.93 crore for Metro rail in 2008-09. The money will be utilised for construction of eight new …
Despite the recommendations of the planning commission, the Yamuna was somewhat sidelined in this year's budget. Other than the interceptor sewage system, which will not be in place before 2012, and installing sewerage systems in unauthorised colonies, which has been in the pipeline since last year, no new proposals were …
A few months away from elections and hurtling towards the Commonwealth games deadline of 2010, the Delhi government has in its 2008-09 Budget made an unprecedented 41% hike in the allocation for the transport sector
In an election year, finance minister A K Walia gives attention to social welfare, hikes subsidies for students and pensions for senior citizens and widows; says development should have a human face TIMES NEWS NETWORK Underlining that the key focus area of this budget is to help "people in society …
With poll calculations dominating the UPA government's agenda, the more than four millionstrong central bureaucracy is in for a windfall. The Sixth Pay Commission's recommendations, given to the finance minister on Monday, could mean a revision in pay and allowances that can range from 40% to 60% if all benefits …
Heading for Assembly elections later this year, Delhi Finance Minister A. K. Walia on Monday presented Budget 2008-09 which he described as "development-oriented' and one showing that "through various social welfare schemes the State wants to look after the people well'. While not imposing any new taxes, the Budget lowers …
Desperate to regain lost ground in the wake of the Nandigram fiasco and widespread resistance by the rural population against the Buddhadeb Bhattacharjee-government's industrialisation overdrive, the CPI-M is gearing up for launching its panchayat poll campaign with the goodies Mr Asim Dasgupta's Budget proposals have offered for the rural population. …
The Budget session of the Meghalaya assembly will begin from tomorrow. On the first day of the session, the Governor will address the House followed by presentation of the supplementary demands and appropriation Bill. The session will continue till March 27 when the Vote on Account will be passed by …
Ninety per cent of natural disasters are weather, climate and water related, Meteorology Department Director G. B. Samarasinghe said. "Socio-economic growth in developing countries are severely hampered due to such disasters, just because enormous amount of money that could be allocated for development is spent on rehabilitation and reconstruction instead,' …
The Rs 60,000-crore farm loan waiver package has come under the scanner of world bodies such as Organisation for Economic Cooperation and Development (OECD) and the International Food Policy Research Institute (IFPRI). The OECD is keen to examine if the package falls under the category of trade-distorting farm subsidies in …
That Haryana presented a cash surplus Budget of Rs 1,400 crore on Tuesday should not come as a surprise. Because this Jat land means business and reaps rich dividends in all its enterprises. From an agrarian state, Haryana has become a smart business hub, taking advantage of its geographical location …
The farm loan waiver announced in the Union Budget is like a key crossroads from which major roads go out in different directions, each signifying opposite journeys and consequences. It is the biggest event of its kind, the fiscal payout of Rs 60,000 crore being virtually three times larger than …
The penultimate year's budget presented by the United Progressive Alliance Government before the 2009 general elections come knocking, has tried to give an even layer of butter to the national bread, including the social sector; health and education included. But, the latter seems to have missed out considering what late …
