There was a lot of apprehension before budget day regarding what the Union finance minister will do to reduce the deficit. Will he roll back the tax concessions implemented a couple of years ago as part of a fiscal stimulus package? Will he announce populist social sector spending in view of the major state polls coming up this year? Will he be too timid and not take any bold steps...
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Co-crusader shifted from house to govt building
Bhukhan Singh, a close associate of MGNREGA activist Neeyamat Ansari who had been beaten to death on the night of March 2, has been shifted to a government building following "serious threats" to his life. Singh, the co crusader of Ansari, has been put up in a room in the Manika block office amid tight security. He too hails from Jeruwa village like Ansari. Latehar SP Kuldip Dwivedi said the step was...
More »Food Security Bill: media can help
Two key issues Budget-2011 is seen as having failed to address are inflation and mass hunger. Finance Minister Pranab Mukherjee announced in his budget speech that the long-promised National Food Security Bill would be moved in Parliament “during the course of this year” but failed to make any financial allocation to back up this statement. Against the backdrop of fresh warnings by experts that the outlook is grim given the...
More »South India chosen for most of oil palm boost by Sanjeeb Mukherjee
Centre to also give 50% subsidy for new mills, technical help to cultivators. The Union agriculture ministry has identified eight states where the Budget annoucement on expanding the area under oil palm cultivation can be implemented. It has decided to provide 50 per cent subsidy for setting up palm oil extraction units. India imports about 8.2 million tonnes of edible oil in a year and 80 per cent of this is palm...
More »Highest operational SEZs in southern India
South India is way ahead of other regions in encashing on the tax-free special economic zones scheme as 79 of 130 functional SEZs are located in four southern states. Among southern states, Andhra Pradesh is on the top of the table with a maximum number of 32 operational special economic zones (SEZs) followed by Tamil Nadu (22), Karnataka (20) and Kerala (7), according to the latest government data. The sector-wise data shows...
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