-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
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Single women quota on plan panel table -Ananya Sengupta
-The Telegraph The Planning Commission has proposed a separate quota for single women in central schemes instead of clubbing them under the larger “family” category as is done now. If the move is cleared, even women who have never married will be included under the head “single”, along with widows and divorcees. “Not much progress could be made in this direction (towards having a separate category). This can be attributed to two factors....
More »A risky strategy, born of panic -Siddharth Varadarajan
-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...
More »Full PlanComm clears 12th Plan document
-The Indian Express Full Planning Commission chaired by Prime Minister Manmohan Singh today approved 12th Five Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2 per cent from 9 per cent envisaged earlier in view of fragile recovery. "The Full Planning Commission approved the draft 12th Five Year Plan document, subject to certain suggestions made in the meeting," Planning Commission Deputy Chairman...
More »Plan panel for revamping National Action Plan on climate change
-The Economic Times With carbon markets at an all time low and prospects of international long-term finance dim, the Planning Commission has suggested reworking the Rs 23,000 crore National Action Plan on climate change. It has reduced the number of missions and refocused them in line with "priorities". In 2008, the government had laid out a national strategy that would address India's development concerns and the challenges that climate change would present....
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