The Planning Commission, the country’s apex planning body, is gradually reconciling to the fact that there would be no large gains in the gross budgetary support (GBS) in budget 2010-11, as the government struggles to reduce fiscal deficit. GBS is the money the Union government allocates to various government programmes through the Union budget. “The major objective of the finance ministry is to bring down the fiscal deficit from 6.8% of...
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The growth redux by Arjun Sengupta
The New Year began with very good news about the Indian economy. During the last five years, 2004 to 2009, India’s most backward states have shown remarkable growth. Bihar, which grew at 4.5 per cent a year between 2001 and 2005, showed a growth rate of 11.3 per cent between 2005 and 2009. Similarly, Odisha increased its growth performance from 4.94 to 8.74 per cent between these two periods; Jharkhand...
More »Cyber relief for disabled
The central government has decided to make each of its 6,000 websites disabled-friendly. Under new government guidelines, the visually challenged will be able to use a “screen reader software” that will read out the text that appears on a computer monitor. People who have difficulty handling a mouse can use the “voice recognition software” to work the computer with verbal commands. The websites will provide features like “iconic learning” for those...
More »Steep Rise In Crime After The Formation Of New State by P Vijay Raghavan
Ranchi: Since the inception of the new State of Jharkhand, there has been a substantial rise in the crime. With every passing year the graph has shown a sharp rise. Ranchi tops the list with 621 cases of various crimes. These include 267 cases of murder and 243 cases of loot and dacoity. The total number of cases registered in various crimes in the past two years (’07-’09) shows a...
More »Jobs for families that hand over land to railways
Those willing to hand over their land for the laying of new railway tracks will be adequately compensated and a member of the families concerned provided employment, Mamata Banerjee, railway Minister announced on Monday. “The railways will not acquire land forcibly and will negotiate with those willing to hand over their land. We will provide them adequate compensation as well as a job to one member of their family. This is...
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