-The Indian Express The subsidy bill in the current financial year is expected to rise to 2.4 per cent of the GDP from 1.9 per cent estimated in the Budget, Finance Minister P Chidambaram said today. "The estimated major subsidies in 2012-13 would be around 2.4 per cent of GDP," he said while intervening in a discussion at the meeting of the Full Planning Commission to approve the 12th Plan draft document. The...
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FDI in retail: Where states stand
-The Times of India The government has allowed foreign investment in a host of sectors including multi-brand retail and civil aviation. The UPA government can expect a roaring reception from the financial markets following the decision. It can also prove to be a mood-enhancer for the Congress-led government as it heads into state polls in Himachal Pradesh and Gujarat. Here is how heads of various states responded to the government's decision: Will rollout Haryana...
More »Full PlanComm clears 12th Plan document
-The Indian Express Full Planning Commission chaired by Prime Minister Manmohan Singh today approved 12th Five Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2 per cent from 9 per cent envisaged earlier in view of fragile recovery. "The Full Planning Commission approved the draft 12th Five Year Plan document, subject to certain suggestions made in the meeting," Planning Commission Deputy Chairman...
More »Agra children home inmates found severely malnourished -Bindu Shajan Perappadan
-The Hindu A National Commission for Protection of Child Rights (NCPCR) inspection team has found that inmates of the children’s home ( Shishu Sadan ) and the Observation Home for Boys in Agra are not being given adequate Food, leading to malnourishment among many. NCPCR member Yogesh Dube, who led the three-member delegation, said: “An NCPCR team visited Agra on September 6-7 and stumbled upon various irregularities at the two homes for...
More »Centre asks states to include millets in mid-day meals; move likely to ease pressure on Food stocks-Urmi Goswami
-The Economic Times The Centre has asked states to introduce millets in mid-day meal schemes in schools to boost demand for the nutritious grain, but experts say the move would also ease pressure on Food stocks as rice output is expected to decline this year and the Food security legislation would require an additional 63 million tonnes of grain. The government expects a 9% fall in this year's output of rice,...
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