-The Indian Express The Union budget is largely about the intentions and policies of the government of the day, as well as the arithmetic of resource mobilisation and allocation to achieve certain ends in the economy. The diagnostics of various economic problems and their probable solutions are generally found in the Economic Survey. The Economic Survey clearly indicates that growth in agri-GDP in FY15 has collapsed to just 1.1 per cent, while...
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Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »Modi says MNREGA shows Cong's failure; Kharge retorts PM can't mock scheme that helps poor
-Hindustan Times Prime Minister Narendra Modi said on Friday his government would not stop the National Rural Employment Guarantee Scheme as it was a "living reminder" of the previous UPA government's "failures". Replying to the motion of thanks on the president's address in the Lok Sabha, the prime minister said: "Sometimes people ask whether MGNREGA would be discontinued." Modi quipped though the Opposition might say he does not understand some issues, they...
More »7,540 solar powered farm pumps to be distributed in state
-The Times of India NAGPUR: The state cabinet has given a go ahead for distribution of over 7540 solar powered agricultural pumps in the state. It will be on a pilot basis under a Central scheme. State cabinet on Tuesday decided to allocate Rs 22.25 crore for the project estimated to cost Rs 445 crore. The Union government has decided to give a big push to solar energy and fixed a target...
More »Fighting adversity, innovatively! -KM Dayashankar
-The Hindu KARIMNAGAR (Telengana): Fighting adversities is part of human survival and villagers of the interior Veernapalli and other villages in Yellareddypet mandal have been doing that for quite some time. Saving their standing crops from wild animals has become their top priority what with the decreased area of cultivation due to water shortage. They cannot afford technological support, but that has not deterred them from devising their own plan to keep...
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