The Planning Commission today said the annual agriculture growth target for the 12th Five Year Plan (2012-17) would be set at 4% as it was in the previous two plans. The Planning Commission deputy chairman Montek Singh Ahluwalia also said, "During the current five year plan (2007-12) we are likely to achieve average farm growth of about 3.5%, which would be little lower than targeted 4%." Ahluwalia who was conferred a doctorate...
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Budgetary support to Plan spend hiked 18% by Neeraj Thakur
The ministry of finance and the Planing Commission have finally agreed on increasing gross budgetary support by 18% for the terminal year of the Eleventh Five-Year Plan (2007-2012). GBS is the monetary assistance provided by the Centre to implement schemes in five-year plans. The ministry of finance will allocate around Rs4.41 lakh crore as part of the planned expenditure in the Budget for the next fiscal, compared with an allocation of Rs3.73...
More »UN report lauds India for adding 300,000 hectares of forest every year
Asia is leading afforestation activity in the world with a significant contribution from India which is adding 300,000 hectares of forest every year, a senior UN official said. "I would highlight India, which still has important population growth. The forests in India are growing at 300,000 hectare per annum," Eduardo Rojas Briales, Forestry Director of Food and Agriculture Organisation told journalists on Wednesday. According to the 'State of the World's Forests'...
More »Steep drop in representation for OBCs, minorities in panchayats by Rishikesh Bahadur Desai
MLC plans to approach Karnataka High Court seeking annulment of ZP, TP polls The State Government's Ordinance limiting political reservation in panchayat bodies to 50 per cent has not only reduced seats for Other Backward Classes (OBCs) but has also decreased the number of minority members in the rural local bodies. A study of the zilla and taluk panchayat election results available on the State Election Commission's website, www.karsec.gov.in, reveals that OBC...
More »In repeat of FY11, plan panel seeks 18% hike in budgetary support, FM offers 12%
The finance ministry has offered only a 12% increase in the budgetary support to the central plan for the coming fiscal against the Planning Commission's demand for an 18% hike. The plan panel sought higher support, citing increased requirement for the flagship schemes, particularly MGNREGA, or Mahatma Gandhi National Rural Employment Guarantee Act . The North Block, constrained by its compulsion to return to fiscal consolidation and additional expenditure due...
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