Non-flagship programmes to get a mere 5% hike in allocation
Warehousing law amendment on cards to allow farmers use storage receipts as security for bank loans
Though the Centre's fiscal consolidation story is taking a hit, Plan expenditure is likely to provide some respite. In the Budget, expected to be tabled by mid-March, the Plan expenditure is likely to be scaled down in the revised estimates for 2011-12, compared to Budget estimates.
To speed up the vacation of additional 2G and 3G telecom spectrum, the government will likely make a Rs 5,000-crore (Rs 50 billion) provision in the Budget for an alternative network for defence services. The spectrum released in lieu of that would increase the availability for civilian use.
But says the airline will have to meet targets to get fund.
In what could mean a big investment opportunity for the construction industry in the years to come, the road transport ministry plans to more than double private participation in highway construction during the 12th Five Year Plan starting April 2012.
Document to talk about social unrest, energy shortages, global factors.
Critics have slammed a bloated subsidy that has been proposed for the food security bill, but officials in the government strongly believe that the resultant additional burden will not be above Rs 27,000 crore to meet the commitments under the proposed legislation.
Cabinet had earlier this week deferred a decision on the much-discussed issue on this ground.
Pronab Sen, principal advisor in the Planning Commission, says that it is difficult to pinpoint the exact GDP number for the current fiscal, as IIP data is questionable and contradicts with exports growth story.
The second Human Development Report 2011, to be released after a gap of 10 years, paints a dismal picture of the access that rural households have to electricity.
The Planning Commission's de-linking entitlement benefits for the poor from the Suresh Tendulkar committee's recommendation on determination of poverty has left a big question mark on the number of beneficiaries to be covered under the proposed Food Security Act.
The Planning Commission projected the Centre's fiscal deficit to come down to three per cent of the gross domestic product.
Rains were 26 per cent above normal across the country.
As the country grapples with a string of corruption issues, the approach paper to the 12th Five-Year Plan, which is in final stages of preparation by the Planning Commission, will focus prominently on governance issues.
The wheat procurement season has ended in most big foodgrain-growing states with an all-time high purchase of almost 28 million tonnes (mt), creating a problem of storing such huge stocks.
Officials said the Centre would have to bear an additional subsidy burden of Rs 4,161 crore this financial year, if this proposal was implemented.
Officials from the food ministry said if the situation continued, the country could face a problem of plenty, as grain stocks this year are at a high level of 65 million tonnes (mt), while the total storage space available with the Food Corporation of India and state agencies, both covered and uncovered, is estimated at 63 mt as on June 1.
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