Against the backdrop of allegations about under-utilisation of funds in the Northeast, Prime Minister Manmohan Singh today bemoaned this trend, while claiming that the current Union government has made allocations to the region like never before. “All I can say is that our government has increased very substantially the allocations for the development of infrastructure in the northeastern region. I think the amount of money that we have allocated has...

Projecting an 8.5 per cent economic growth for the current fiscal, Prime Minister Manmohan Singh on Monday conceded that rising prices had brought distress to the common man, but exuded confidence that the “corrective” efforts of the Centre and the States would bring down inflation to about five or six per cent by the end of December this year. At a press conference here to mark the completion of the UPA-II...

Kerala Food and Civil Supplies Minister C. Divakaran has come out strongly against the suggestion of the Federation of Indian Chambers of Commerce and Industry (FICCI) that the Union government withdraw from grain procurement, storage and distribution under the Public Distribution System (PDS) and outsource these to private operators. FICCI makes the suggestion in a study report, which was released a few days ago. In a statement here on Monday, Mr. Divakaran...

Prime Minister Dr. Manmohan Singh on the occasion of completion of one year of the UPA Government in its second term said on Monday that the flagship programmes launched by his government are progressing well. "I will briefly highlight some of the important steps we have taken over the past year and also the pressing challenges that confront the nation,' Dr. Singh said during his opening remarks at the national...

Tamil Nadu has been highly successful in implementing the concept of Industrial Facilitation Council, which helps small units address the problem of payment default by their clients and get back their dues, according to G. Sundaramurthi, Industries Commissioner and Director of Industries and Commerce, Speaking to journalists here on Friday, he said that Tamil Nadu's achievements in implementing this concept were recognised nationally. In a recent meeting of Industry Ministers of...