Inflation is beginning to hurt seriously, corruption is at an all-time high and the government is not doing enough to tackle either problem. That is the way India's big cities feel on the two big issues dominating headlines in recent months, according to an 8-city survey done exclusively for TOI. Asked what impact rising prices have had on their household budgets, only 3% said it has had a small impact. About...
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CII calls for agri sector tax sops in Budget 2011-12
The chamber said concrete steps need to be taken to promote investment, given that recent data shows the investment growth rate slowed from 38.1% in 2007-08 to 36.5% in 2009-10 The Confederation of Indian Industry (CII) on Tuesday called for the government to provide tax incentives on agricultural activities in the forthcoming Budget to encourage private participation and adoption of new technologies in the sector. “CII has recommended encouraging private sector participation...
More »Bihar becomes first state to put school information online
Bihar is the first state in India to put information about students, teachers and educational status online as part of an effort to improve education Bihar has become the first state in the country to put details of Classes 1 to 8 of all its 70,000 government schools online. Only recently, a survey of primary education showed that the state, considered one of the most poorly developed in the country, had...
More »TULIP push to UPA govt's rural agenda by Prasad Nichenametla
Faced with the unfinished agenda - half way achievements under the Bharat Nirman mission projects like rural roads and houses and MDG goals staring in face - the government is preparing an army of 40 lakh volunteers to connect planning in New Delhi and implementation at the village level. TULIP (Total Unity for Livelihood, Innovation and Production), as 'the Bharat Nirman Volunteer' is christened would serve an anchor to spearhead programmes in...
More »Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari
The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official. The upheavel in the micro-finance sector will also necessitate greater lending by banks. "The...
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