Fourth budget: Haryana Finance Minister Birendra Singh presenting the budget in the State Assembly in Chandigarh on Tuesday as Chief Minister Bhupinder Singh Hooda and others look on. CHANDIGARH: Haryana Finance Minister Birender Singh presented a surplus Budget for 2008-2009 in the Vidhan Sabha on Tuesday. Presenting his fourth consecutive …
The ongoing turmoil in the international Markets post sub-prime crisis may hamper the growth of developing nations like India and China, said Kemal Dervis, administrator of United Nations Development Programme (UNDP), in Mumbai. "A substantial slowdown in the US Economy will impact the rest of the world. Developing nations contribute …
Sangli/Osmanabad: The government has got a reminder on Rahul Gandhi's "suggestion' to expand the scope of the Rs 60,000 crore farm waiver, with Congress chief Sonia Gandhi declaring that she has told PM Manmohan Singh and finance minister P Chidambaram to relax the twohectare eligibility criterion for relief for the …
An unusual scene: Punjab Finance Minister Manpreet Singh Badal seeks blessings from Leader of Opposition Rajinder Kaur Bhattal after presenting the Budget in the Assembly on Monday. CHANDIGARH: While the "model code of conduct' for the ensuing elections to Panchayati Raj institutions in Punjab due from April 7 this year …
Out of all the things that this Union Budget has talked about, whether it's increasing the slabs for personal income tax that helps the middle classes, or reducing customs and excise duties to enhance consumption, or unprecedented increases in financial allocation to education, health and skill development, the one thing …
The Budget 2008-09 looks a bit archaic when Finance Minster Mr Chidambaram chanted the social sector mantra leaving aside the reform mantra. In the process the budget has overlooked some very important emerging sectors in world economy. For example the estimated market value of organic food products across the world …
Yes and no. Allocations for new projects have diminished in relative importance, but policy pronouncements continue to have an impact. In the media-surcharged atmosphere surrounding the Budget, commentators and gurus are asked to comment on the impact of the budget on various sectors. Of these, infrastructure features as a key …
THE BJP has demanded that the Centre demonstrate that it was serious about ameliorating the condition of farmers by preparing a ten-year action plan for the revival of the sector. The BJP has promised that it would reduce the interest rate for loans to the farm sector to 4%, given …
A few weeks ago this newspaper was kind enough to publish an article I wrote on the sorry fate of the tiger. The article may have just worked. While I am not claiming all the credit for it (I am sure several honourable IAS officers advised him), the finance minister …
The funding package announced by Finance Minister P. Chidambaram though belated should go a long way in dispelling doubts over the United Progressive Alliance government's showpiece farm loan waiver programme that is going to be one of the main planks for the forthcoming general election. The Rs.60,314 crore scheme providing …
Through an analytical study of the process of federalisation of India, the author provides a picture of story of state formation in the country. It is argued that any further reorganisation of states should be based on a "cosmopolitan model of democracy' and should be anchored in theories of constitutionalism, …
The fifth (2005) round of the World Bank's International Comparison Program, which produces estimates of the gross domestic product at purchasing power parity prices, has been the most extensive and carefully monitored project so far. The preliminary estimates were noticeable for the large downward revisions of GDP estimates of China …
This paper attempts to define the common people of India in terms of levels of consumption and examines their socio-economic profile in different periods of time since the early 1990s with a view to assessing how the economic growth process has impacted on their lives. The findings should worry everyone. …
This article presents results on the participation of rural workers in the National Rural Employment Guarantee programme based on a pilot survey of three villages in Udaipur district in Rajasthan. Its focus is on participation in the NREG programme of different socio-economic groups and the determinants of the participation of …
The small farmer might be the solution to the ongoing crisis in the farming sector in India. Policies need to be geared towards helping small farmers perform agricultural operations and marketing their products with greater efficiency. Instead, current policies are hoping to dispossess farmers of their livelihood and push them …
Right from the contents page of economist and author Arvind Panagariya's new book, India: The Emerging Giant, he makes you feel a bit uneasy. The first page lists all the prime ministers of India in chronological order. Why on earth would a book on the economy of India start with …
Loan-waiver or one-time settlement for the farm sector is not something new or a unique step taken for the farm sector in this year's Central budget. India is known for going soft on defaulters in other sectors too. There is precedence of one-time settlement (OTS) for small industries and even …
MARCH, in India, is the month that glorifies growth. The trumpet is blown by the Finance Minister on the last day in February. Whatever else has happened or has not happened in the country, its economy has grown at a rate soon to reach two digits that few other countries …
Thursday was Congress member Rahul Gandhi's day in Parliament. After being at the centre of a row for much of zero hour in the Lok Sabha, he provided the headlines, seeking flexibility in the norms for farm loan waiver announced in the budget and raising expectations of a favourable decision …
