-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the...
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Aadhaar numbers sought
-Deccan Herald Bangalore: The Employees’ Provident Fund Organisation has requested the employers to furnish the Aadhaar numbers of their existing PF subscribers to embed the information in the bank accounts of beneficiaries. The schemes of the EPFO involving transfer of benefits to beneficiaries have been identified for implementation of direct Cash transfers from January 1, 2013. The Organisation has asked the employers to maintain the information in excel format till the...
More »Left leaders meet PM, hand over 4 crore signatures for food security law
-The Times of India Leaders of four Left parties "CPM, CPI, RSP and Forward Bloc" on Tuesday handed over a memorandum signed by four crore people demanding effective food security law to the prime minister. Left leaders, including Prakash Karat (CPM), S Sudhakar Reddy (CPI), Debabrata Biswas (Forward Bloc) and T J Chandrachoodan (RSP) met Prime Minister Manmohan Singh and urged him to bring a food security legislation in the ongoing budget...
More »Direct Cash Transfer scheme to cover entire country, leakages to be plugged
-PTI Nearly 11 lakh poor people have benefitted from the Direct Benefit Transfer Scheme, which began on January 1, 2013 and will be rolled out throughout the country, Finance Minister P Chidambaram said during his Budget speech in the Lok Sabha. He said the "Aapka paisa aapke haath" concept has brought happiness to the poor who have received the benefits directly into their bank accounts. He said the government was determined to...
More »Economic Survey 2013: Indian agriculture largely a success story
-The Economic Times It is consoling that despite a deficit of 8% in south-west rainfall during 2012-13 compared to its long period average (LPA), agriculture's contribution to GDP growth is likely to be around 1.8%. It is also good news that the revised figure of agri-GDP for the 11th Plan as a whole is 3.6%, up from 3.3% estimated earlier. Gross capital formation in agriculture as a percentage of agri-GDP has almost...
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