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Government Cuts Plan Spending by Rs 79, 790 Crore

-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...

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Between 2010 and 2012, pace of job creation was slowest in a decade -Chetan Chauhan

-The Hindustan Times A sea of young people on a Delhi Metro last week offered a glimpse into the despair within young India. Most had taken the train from Delhi University — a hub of students from across the country — to the heart of the city, to take a test and apply for a job with a national bank. But there were only a few thousand vacancies — and 100,000 youngsters...

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India becomes first country to adopt an agroforestry policy -Jitendra

-Down to Earth Four-day world congress on agroforestry in Delhi pushes for accelerating growing trees on farms for sustainable agriculture and mitigating climate change impacts In what is seen as a ground-breaking move, India has become the first nation in the world to adopt an agroforestry policy. The National Agroforestry Policy, which deals with the practice of integrating trees, crops and livestock on the same plot of land, was launched February 10,...

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Lokpal may become a parking lot for retired babus -Himanshi Dhawan

-The Times of India NEW DELHI: Will the Lokpal become just another retirement home for ex-bureaucrats? Government rules say only serving and retired secretary-level officers to the government of India and their equivalent can become non-judicial members, ensuring that the fledgling Lokpal goes the way of the Central Information Commission and power and telecom regulators like CERC and Trai. Describing this as "unfortunate" and "illegitimate", activists under the aegis of the National...

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Government of India and World Bank Sign $500 Million Agreement to Improve Rural Water Supply and Sanitation Services in Four Indian States

-The World Bank About 7.8 million rural people are expected to directly benefit from the project NEW DELHI: The government of India and the World Bank today signed a $500 million credit agreement to improve piped water supply and sanitation services through decentralized delivery systems in the states of Assam, Bihar, Jharkhand and Uttar Pradesh. The credit agreement for the Rural Water Supply and Sanitation (RWSS) Project for Low Income States was signed...

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