Business Standard
Friday, Feb 17, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Cabinet approves Rs 7,266-cr plan for Bundelkhand
BS Reporter / New Delhi Nov 20, 2009, 00:44 IST

Rahul GandhiThe Union Cabinet has approved a special package worth Rs 7,266 crore for the Bundelkhand region, comprising parts of Uttar Pradesh and Madhya Pradesh. The aim is to mitigate the effects of drought in seven districts of UP and six districts of MP. The project is spread over a three-year period.

A portion of the proposed funding — to the tune of Rs 3,450 crore — will be borne by the central government. Another part of the cost will be met by drawing resources from ongoing central programmes in these two states. Nodal agencies like the National Rainfed Area Authority, the Planning Commission and state chief secretaries will monitor the project’s progress. The Cabinet has also approved the re-inclusion of cotton seed as an essential commodity for a period of six months under the Essential Commodities Act, 1955. Cotton seed had been deleted from the Act in 2007. Meanwhile, the Cabinet Committee on Economic Affairs, which also had its meeting today, has approved the revised norms to be followed in the running of the National Programme for Mid-Day Meals in schools.

Agencies add: While Congress General Secretary Rahul Gandhi’s plans for development of Bundelkhand today received the nod of the government with the announcing of the special package for development of the drought-hit region, the government desisted from creating a special authority for the purpose as had been sought by Gandhi, apparently keeping in view the sensitivities of Uttar Pradesh and Madhya Pradesh governments. Asked about Rahul’s demand for creation of a special authority, Minister for Information and Broadcasting Ambika Soni said: “The question of authority probably is not being felt since both the states have been authorised to decide the areas for development.”

She was referring to the monitoring group that would be and co-chaired by Planning Commission members in-charge of UP and MP and include chief secretaries of the two states.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street opens flat as data offsets Moody's warning
- Thomas Cook India Q4 net jumps three times
- Govt plans to make 30% sourcing from MSEs mandatory
- Explain ways to cover govt loss on 3G roaming: TDSAT to telcos
- Magma Fincorp plans to start gold finance biz in H1 of FY13
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- We live for our family. have you secured them?
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
Posted by: rajuraval
greets buiness standered for prompt news
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Marico: Stepping into unchartered territory
- Asian stocks fall as Greek bailout delay dampens mood
- Sonalde Desai: Sons of the soil
- Bhupesh Bhandari: A spectrum of disagreement
- A crown of thorns awaits winners of BMC polls
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us