Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday said that he favoured a hike in the fuel prices to offset the increase in international crude prices. "The only viable strategy is to pass on the subsidy (oil) burden to the consumers, while providing targeted subsidy to the needy. And if we do not do it, investments in social sectors will be affected," he said.
The government will come out with details of a new scheme for farm sector projects by states in the next 4-6 weeks to implement the Rs 25,000 crore (Rs 250 billion) plan announced by Prime Minister Manmohan Singh last month.
Congress president Sonia Gandhi and Prime Minister Manmohan Singh will not be able to attend the annual World Economic Forum meeting to be held at Davos from January 24-28 next year.
The BJP's Madhya Pradesh unit prefers the CM over the PM-designate.
Manmohan Singh, reveals the former President, was keen that either P Chidambaram or Montek Singh Ahluwalia be the finance minister.
The amount involved is just 3.6 per cent of our forex reserves and the gains to be made are huge -- not to try the idea would be foolhardy.
"Indian-Americans are an 'organic bridge' between the world's two largest democracies," he said.
The hits and misses of the week.
The contract is characterised by a minimum revenue guarantee and a cap on the firm's revenues.
"Though falling squadron strength is a cause of worry," Air Officer Commanding-in-Chief Western Air Command Air Marshal P S Ahluwalia said that IAF had the resources and platforms to get the better of any threat from the western sector.
Youth Employment Summit Inc, a US-based non-profit organisation on Wednesday launched a global fund to provide seed capital and business development support to young entrepreneurs across the world.
Addressing a news conference, she alleged that this has been going on since July 4.
The Planning Commission on Tuesday made a case for increasing prices of petrol and diesel arguing that it was not a good idea to check inflation by keeping prices of petroleum products low.
India is fielding a 100-member team, led by Commerce Minister Kamal Nath and Planning Commission Deputy Chairman Montek Singh Ahluwalia. The duo will address a number of India-centric sessions on economic reforms.
Inclusiveness is not just about poverty reduction, it is much more than that
Union Minister of Commerce and Industries Kamal Nath, would lead a high powered team to Davos in Switzerland sources in the government of India said in an informal chat with rediff.com.
Social sectors like health and education will get a leg up in the Eleventh Plan (2007-12), even as some other sectors may see a reduction in fund allocation.
The Planning Commission in its draft approach paper to the 11th five year plan would stress on doubling agricultural growth and bridging regional imablances among other things.
He started with Wes Anderson's The Life Aquatic with Steve Zissou four years ago. Now, he returns to Anderson's cinema in a small but important role as a stern train steward in The Darjeeling Limited.
'The death of Tulsi Ramsay signals the end of an era.'
Blaming earlier policies for "discriminating" against labour intensive sectors and leading to "significant deceleration" in employment, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday
Hansal Mehta's son Jai will make his directorial debut with this movie.
Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the country would need to spend eight per cent of its GDP on the sector during the 11th Plan to ensure a 10 per cent economic growth.
"I am in favour of generally multilaterally liberalising trade and I think the rest of the world is moving towards doing that in a parallel track," says Montek Singh Ahluwalia.
'The satire in Khajoor Pe Atke is not savage enough,' feels Prasanna Zore.
Ram Narayan Sahu (Samajwadi Party) complained during a discussion on the Railway Budget that he did not get a glass for drinking water even in a first class coach.
Check out the star arrivals.
The Planning Commission on Tuesday said investment in infrastructure will have to be about $350 billion in the next five years to propel overall growth of economy to over 8 per cent.
On the first day of winter session, Prime Minister Narendra Modi reached out to the Opposition.
Planning Commission Deputy Chairman Montek Singh Ahluwalia said big investments and increase in agriculture output will boost Indian economy.
Passive income can help you earn more than a crore of rupees in 40 years. The only thing is you need to do is save and invest 10 per cent of your income.
State-run Power Finance Corporation on Thursday awarded the 4,000 MW Sasan and Mundra ultra mega power projects to the two successful bidders Lanco Infratech and Tata Power respectively.
As many as 48 ministers of National Democratic Allaince government were in the fray in the general elections.
