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The essence of NREGS10-SEP-09
The National Rural Employment Guarantee Scheme (NREGS) was launched by the previous United Progressive Alliance (UPA) government in the first flush of its commitment to the 'Aam Aadmi' agenda. Criticised by many for a variety of reasons, from fiscal burden to the prospect of leakages, it nevertheless became the UPA's defining and differentiating programme.
FinMin readies interest subsidy scheme for low-cost homes17-AUG-09
Loan sanction limit of a year from Oct.
A fraternal argument with Dr Amartya Sen16-AUG-09
Professor Amartya Sen has recently reiterated his criticism of the Left's political practice in India. Dr Sen is quoted to have said: "I was disappointed with the Left for not focussing on issues that are central issues of social justice and focussing much more on India's sovereignty and that kind of question.
BJP for clubbing Rlys and Planning Com with Finmin24-JUL-09
Batting for radical financial reforms, the BJP today suggested abolition of the Finance Bill and clubbing of Railways and Planning Commission with the Finance Ministry, which it said should be rechristened as Ministry of Economic Development.
'Railways need more than 4,500 coaches each yr'17-JUL-09
The government today said that more than 4,500 coaches are needed by the Railways annually to ensure smooth passenger services but the supply is much below demand.
No proposal to end vendor system at railway stations: Mamata17-JUL-09
There is no proposal to end the vendor system at railway stations even as some of them are being absorbed in the PSU behemoth progressively, Railway Minister Mamata Banerjee today said.
Govt takes note of misuse of Excess Fare Ticket books by TTEs17-JUL-09
The Government has taken serious note of misuse of Excess Fare Ticket (EFT) books given to Ticket Checking Staff to issue tickets to passengers found without ticket or inadequate fare ticket.
Centre mulling new SSP policy; to be effective July 116-JUL-09
The government is mulling over a new policy for single super phosphate fertiliser, which will be effective from the beginning of this month.
Divestment answer to India's eco concerns: Moody's16-JUL-09
The government plan to sell stakes in state-owned enterprises would help it address many of India's existing economic concerns and alleviate the current "fiscal stress", according to Moody's.
Man-made yarn prices up 2-4% on imposition of excise duty15-JUL-09
"The textile industry has raised the prices of man-made fibre and yarn up to 4 per cent as the centre has imposed central excise duty of 8 per cent on these items in the budget," traders said.
High borrowings may push up interest rates, MPs tell Govt15-JUL-09
The Centre's dependence on borrowings, which is about 40 per cent of its entire Budget, came up for debate today in the Rajya Sabha where members said high fiscal deficit would push the interest rates.
Road map for PSU disinvestment in 3-4 weeks: Finance Sec15-JUL-09
The Finance Ministry today said a road map for disinvestment in public sector units will be brought out in three-four weeks, but there would be no strategic sale.
Details on disinvestment soon: FM14-JUL-09
Firm on divesting stake in public sector undertakings, Finance Minister Pranab Mukherjee today said he has initiated talks with other ministries to identify PSUs where a portion of government equity could be sold and that details would be announced soon.
Govt's direct tax arrears at Rs 2.1 lakh cr at May-end14-JUL-09
The government's direct tax arrears, including income and corporate tax, stood at over Rs 2.1 lakh crore at the end of May this year, while about eight per cent of the total amount was collected so far.
Economy showing early signs of recovery: FM14-JUL-09
Finance Minister Pranab Mukherjee today said the economy was showing early signs of recovery and explained that the government had to increase borrowings to invest more in the absence of private investments.
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