Food security for all was a poll promise from the ruling Congress party before this year's general elections.
Mobile phone manufacture in India started only in 2006.
India leads with 1,05,000 traffic deaths in a year, compared with over 96,000 in China. Also, in India an estimated two million people have disabilities resulting from a road traffic crash.
On every Air India ticket booked by agents, the airline pays 3 per cent of the ticket cost as commission. The airlines earns around Rs 10,000 crore (Rs 100 billion) a year from ticket bookings.
Plans to rake in Rs 900 crore from marketing engineering, cargo & training services.
New Delhi, 7 August A strike call and its withdrawal proved an embarrassment for a former senior aviation bureaucrat.
To be out by October, it reflects weight of components in GDP.
National Highways Authority of India is working on a proposal to scrap the 30 to 35 per cent premium on toll charged on highways that bypass cities.
National Aviation Company Ltd, which runs Air India, has reshuffled its executive directors and created a new designation of ED (marketing).
According to a survey, of the 190 infrastructure projects facing delays, 70 per cent were delayed due to land acquisition problems. Forty projects by NHAI, 60 being implemented by Indian Railways and 28 power projects are facing difficulties in acquiring land. SLUs would expedite the time taken.
The government's financial restructuring plan for loss-making Air India may include a staggered infusion of equity, entailing an initial infusion of around Rs 1,300 crore (Rs 13 billion), going up to around Rs 2,000 crore (Rs 20 billion), depending on the company's need.
The government's plan to restructure Air India, the loss-making state-owned airline, includes a proposal to rework the troubled productivity-linked incentive scheme, which accounts for over 45 per cent of the company's Rs 3,000 crore wage bill.
Non-resident Indian businessman C Sivasankaran's Sterling Infotech group is in talks with the Seychelles government to lease an island for 99 years, on which it plans to build an integrated mega township and tourism project.
Civil aviation minister Praful Patel, who held this portfolio in the first government of the United Progressive Alliance, too, has so far followed a liberal open-sky policy, sharply increasing the number of seats offered to West Asian airlines on flights connecting India. According to internal figures available with airlines, the total number of seats offered to West Asian carriers rose from 2.5 million in 2004 to 7.5 million last year.
State-owned enterprises are depending more on government money to fund their capital expansion in the wake of the economic downturn.
Companies can sigh with relief. The draft rules of the Collection of Statistics Act, cleared by Parliament earlier this year, neutralise some of the powers given to data collecting officials.
Truck rentals are set to rise 6 to 12 per cent after diesel prices were raised by Rs 2 a litre on Thursday.
The services sector contributes the highest of around 54 per cent to the country's gross domestic product. At present, the WPI, which is released every week, contains prices of primary articles, fuel and manufactured products. Data from banking and transport services would be the first sectors to be covered on an experimental basis. The plan is to initially build a separate services index, which would be integrated into the WPI later.
If the Indian Railways, therefore, wishes to implement its expenditure plans as outlined in the Interim Railway Budget, it has to look for alternative sources of funding. One option under study is to adopt the PPP route to implement new projects. Mamata Banerjee's first Railway Budget in the United Progressive Alliance government, therefore, may outline major PPP initiatives for several new projects, say railway officials.
Since September last year, when everyone realised that the global economic meltdown could not be wished away, industry groups have been dishing out data on job losses. Among these is the Confederation of Indian Textile Industry, which said a million jobs had been lost in the last financial year. Most textile companies expect the situation to improve by October this year.
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