The high level of capital inflows has forced the government to put fresh restrictions on ECBs. In August this year, the Reserve Bank of India tightened ECB rules by limiting the use of foreign loans in India at $20 million per company.
Social entrepreneurship is a marriage between effective business techniques and social good. It is something that Mahatma Gandhi pioneered, Uday Khemka tells Business Standard.
About 50,000 to 100,000 people - representing associations of farmers, traders, hawkers, and even chemists from all over India - will converge on Mumbai's Azad Maidan to demand that big corporations quit the retail business.
The two groups have another JV, Wadia BSN, set up in 1996 to launch Groupe Danone's products from its global portfolio. However, nothing has been launched through the JV till date and Danone is in negotiations with the Wadias to dissolve the JV.
These villages don't have citizens and hence there is no National Rural Employment Guarantee scheme for them or any health services or cheap rations.
A social activist in Bhopal has grabbed the essence of consumerism to work out a social security programme that should give the proposed social security programme of the Government of India a run for its money.
South India relatively insulated from the increase in prices.
It is to be funded through a Rs 2400 crore (Rs 24 billion) corpus that has accrued to the Ministry for Social Justice and Empowerment from public sector banks.
As companies open the floodgates for corporate social responsibily projects, it means a new source of funds for many NGOs who are being hired to do the good things the companies want to show in their portfolios.
The Reserve Bank of India is in favour of a cautious and gradual approach to financial sector reforms rather than a big-bang approach, as advocated by the Percy Mistry Committee report on making Mumbai an international financial centre.
The ordinance will raise the eligibility limit of bonus payments to those who earn Rs 10,000 a month as basic salary and dearness allowance, from the earlier cut-off of Rs 6,000 a month.
Anticipating elections, the United Progressive Alliance government plans to introduce an ordinance to relax the rules on the payment of bonus by the private sector and the Central government ahead of the festival season.
The group of ministers on the rehabilitation policy has devised separate solutions for the two set of people affected by the acquisition of land by industry.
The finance ministry had strongly opposed the hike announced by the commerce ministry.
In order to expedite the implementation of the Parekh Committee's recommendations on infrastructure financing, the finance ministry has decided to pursue a few key issues instead of taking up the whole report.
In India, where land acquisition for industrial and real estate development has been widespread, the Land Acquisition Act makes the government the master of all that it surveys
The Planning Commission is considering a hike in public sector investment in the farm sector to 4 per cent of agricultural gross domestic product towards the end of the 11th Plan (2007-12).
Insurance companies will have more infrastructure firms in their equity investment portfolio soon.
This year's projected increase in per capita (in dollar terms) is nearly double the average 13 per cent growth between 2003-04 and 2006-07.
The Reserve Bank of India has opposed Finance Minister P Chidambaram's budget proposal to use part of the foreign exchange reserves of over $200 billion to provide "credit wrap," or credit guarantee insurance, for financing infrastructure projects.
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