Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society
Govt floated import tender, allowed import without fumigation.
According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.
As the country faces the possibility of a fractured mandate after the 2014 general elections, Planning Commission Deputy Chairman Montek Singh Ahluwalia is of the view that in an era of coalition governments, special steps are needed to build consensus around policies or else, India will not be able to grow at its full potential.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
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Ledger entries in NSEL books show no record of T+2 leg of the paired trades with borrowers.
In the past two decades, the country's economic growth slipped below five per cent in only three years - in 1997-98, 2000-01 and 2002-03.
The government had pegged food subsidy at Rs 90,000 crore (Rs 900 billion) in the 2013-14 Union Budget.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
Many economists say only a substantial rise from October would point to a real recovery.
The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response
A five-seven per cent agriculture growth in 2013-14 would mean farming might exceed the 12th Five-Year Plan annual growth target of four per cent, if the trend continues.
Might earn around Rs 3,720 crore on export of 2 mt of wheat, despite dipping prices in international markets
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In most developed markets, there are reporting agencies for spot markets and generally deals took place on the over-the-counter market.
Oil and gold had accounted for 45 per cent of India's imports bill in 2012-13.
The DoP has moved a Cabinet note for the government to provide Rs 500 crore (Rs 5 billion) as initial capital to India Post towards starting a bank.
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