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| Newsmaker: Asim Dasgupta | 13-NOV-09 |
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| He’s the hero for forging consensus on GST, popular in the Left Front and among his students, but industrialists are less than enamoured. |
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| 'NSDC will be like a private equity fund' | 13-NOV-09 |
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| Last month, Finance Minister Pranab Mukherjee inaugurated the National Skill Development Corporation (NSDC) — a Rs10-crore, 51:49 private-public partnership (PPP) enterprise with a mandate to skill 30 per cent of an overall target of 500 million people by 2022. The NSDC, in which industry associations have partly contributed to the private sector’s share, has been described as a “unique” PPP. |
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| Goods and services tax - a letdown? | 11-NOV-09 |
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| The release of the much awaited Goods and Services Tax (GST) discussion paper by the Empowered Committee of State Finance Ministers is a welcome step forward in the reform of the indirect tax regime in India. However, the paper falls far short of expectations. The GST design the State Finance Ministers (SFCSs) have opted for is a compromise, which could prove to be neither good economics nor good politics. |
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| Go with the flow | 11-NOV-09 |
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| Markets: Love, they say, is fickle. The investor passion for easy money may yet fade. But this affair could run for a while. |
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| India Eco Summit: FM sees 9-10% growth in FY13 | 10-NOV-09 |
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| “We can expect over 7 per cent growth in 2010-11. After the Eleventh Five Year Plan (2007-2011), we may be able to reach that magical figure,” Mukherjee said at the India Economic Summit today. |
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| Enough food buffer, also ready to import: Pranab | 10-NOV-09 |
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| Finance minister Pranab Mukherjee said that despite the shortfall in agriculture production, India has adequate buffer stocks of rice and wheat and the government will import what is needed to maintain demand and supply. |
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| State finance ministers meet to discuss RNR | 10-NOV-09 |
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| The discussions would centre on the revenue neutral rate (RNR) for different states. A discussion paper and FAQ (frequently asked questions) on GST is likely to be released during the meeting, official sources said here. |
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| G-20 FMs agree to maintain fiscal support | 08-NOV-09 |
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| The G-20 Finance Ministers have pledged to maintain the stimulus packages until the global economy is fully back on track and committed to work out an "ambitious outcome" at the UN climate change summit next month. |
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| G-20 launches framework to promote global economy | 08-NOV-09 |
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| The finance ministers of G-20 nations have agreed on a timetable for the new framework for balanced and sustainable growth of the global economy, but made a little progress on financing efforts to reduce global warming. |
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| Sanjaya Baru: Time to get our fiscal act together | 04-NOV-09 |
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| Finance Minister Pranab Mukherjee’s assurance in New Delhi on Tuesday that India must return to the path of fiscal prudence was timely. Last week he had fiscal conservatives worried with his remark that he would tell his G-20 counterparts this weekend that every country must have its own timetable for the withdrawal of fiscal stimulus and that there can be no one-size-fits-all formula. |
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