"The performance of the public part of the (PPP) project should be subject to proper scrutiny but obviously where the private sector (is given) flexibility ... you cannot subject that to CAG scrutiny," Montek Singh, Planning Commission Deputy Chairman said when asked whether there is case for CAG scrutiny of PPP projects.
Delhi may become the first state to move to direct cash pay-outs of subsidies on kerosene sold through the public distribution system (PDS). The petroleum ministry said it has "welcomed" a proposal to this effect from the Planning Commission, which acted on a plan suggested by Delhi Chief Minister Sheila Dikshit.
The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.
India's tactical and operational response demonstrated its ability to prosecute tri-service operations, even without a formal tri-service doctrine or the higher command structure needed to coordinate it, points out Ajai Shukla.
Clouded by the global economic meltdown that began in 2008, the current Plan (2007-12) needed a lot of scaling down of the targets and the mid-term review was quite straight about it.
The others who will be joining the commission as members are Narendra Jadhav, honorary vice-chancellor of Pune University and Mihir Shah, secretary of Samaj Pragati Sahayog. The government has also retained Abhijit Sen, Syeda Hameed and B K Chaturvedi as members in the reconstituted commission, sources in the Prime Minister's Office said.
Aiming to improve the living standards in the country, the 11th Plan draft document has set ambitious targets of per capita income growth of 7.6 per cent each year and an overall average economic growth of nine per cent. The Plan aims at an average growth rate of 9 per cent, accelerating it from 8 per cent in the first year of the Plan (2007) to 10 per cent by the end of the Plan period (2011-12).
The Full Planning Commission is all set to approve the 12th Plan document that seeks to raise the average annual economic growth during the five-year period ending March 2017 to 8.2 per cent from 7.9 per cent achieved in the previous Plan on Saturday.
The submarines are being constructed at Mazagon Dock Shipbuilders Limited in Mumbai in collaboration with the Naval Group of France.
Preventive measures are in place and the forecast suggests further improvement, said the statutory body responsible for forming air pollution reduction strategies for the region and their implementation.
A joint statement issued at the end of an India-Japan energy dialogue said both the countries would explore ways and means to further cooperation in the field of new and renewable energy sources.
The panel headed by Justice (retired) Ritu Raj Awasthi has submitted its report to the government, calling for an exhaustive overhaul of the law.
The Delhi airport, the country's busiest airport, on Friday early morning witnessed the collapse of a roof at Terminal 1 amid heavy rains that killed one person, prompting the government to order a detailed probe and an inspection of the structural strength of all airports.
Around 1.5 crore polling and security personnel, about 55 lakh EVMs and four lakh vehicles will be deployed for the polls, according to the poll authority.
An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.
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.
Companies planning merger and acquisition (M&A) will have to disclose the extent of "complementary linkages" among them and their impact on the market. This comes under the revised reporting requirements of the Competition Commission of India (CCI). The changes will take effect on May 1. Entities may also have to provide market-facing data of the past five years with respect to their market size, the market share of the parties, and also that of the competitors, along with customers and suppliers.
Embarrassed by the debate on whether its suggestion that a human being can live on Rs 32 a day in urban India, the Plan panel has said those who are not really poor should be excluded from being enumerated as being poor.
Now, the commission will be between zero per cent to 0.5 per cent.
UWW boss Nenad Lalovic also said the world body will require a "robust plan" from the stake-holders guaranteeing a "safe environment" where grapplers can report abuse and harassment, and a clear hearing process is in place.
The pilot scheme to develop satellite towns around seven mega cities will spill over to the 12th Plan period (2013 to 2018), as against the original deadline of April 2012.
Renowned economist Arjun Sengupta and Congress Economic Affairs Secretary Jairam Ramesh are among the front-runners for the post of Deputy Chairman, Planning Commission, which fell vacant following the resignation of K C Pant.
The Planning Commission on Wednesday said that Rs 50,000-crore (Rs 500 billion) Infra Debt Fund for financing infrastructure projects will become operational by beginning of next fiscal.
Prime Minister Manmohan Singh will preside over a full Planning Commission meeting on September 1 for the mid-term appraisal of the Eleventh Five-Year Plan period (2007-12).
The committee is expected to submit its report soon.
Officials said as part of the reorganisation in the Commission, a move is afoot to strengthen the PEO with new roles, powers and jurisdiction.
The Planning Commission has favoured sustained efforts to hike public investment to achieve the desired 8 per cent economic growth for which the Centre could consider relaxing fiscal discipline.
Widespread violence between supporters of the Trinamool Congress and the Bharatiya Janata Party over alleged electoral malpractices in strife-torn Sandeshkhali marred the final phase of Lok Sabha polls in West Bengal on Saturday, resulting in injuries to a number of people.
Describing the unrest among party members as just the "tip of the iceberg," the report shed light on the underlying discontent within the BJP.
By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.
"Last time I stood, I was not allowed to speak. The ruling party paid a very heavy price for throttling the voice of one MP," she said, referring to her suspension in the last session.
Extreme poverty in India declined by 38 million in 2021 to 167.49 million after a surge in the two preceding years, but remained above the 2018 level, the latest World Bank data shows. While for most countries poverty rose in 2020, when the Covid-19 pandemic hit the global economy, the data shows poverty shot up in India a year earlier in 2019 to 176.09 million from 151.79 million in 2018, the lowest pre-pandemic count. India's poverty rate at 11.9 per cent in 2021 also remained higher than the 2018 level of 11.09 per cent, though easing from 14.72 per cent in 2020.
Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission made a presentation in which he pointed out the detailed process through which these targets were finalised and the high level of ambition they represent.
There's a hint of new competition riding into a sector that has attracted attention for being in a duopoly-like situation. Rapido, a commute app known for its budget-friendly bike-taxi services, on Tuesday announced its entry into the cab market, which is currently dominated by marquee brands Uber and Ola. Rapido's cab foray will be enabled by a software as a service (SaaS)-based platform.
Besides, the economic growth in the January-March quarter last fiscal was at nine-year low of 5.3 per cent.
If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.
Unidentified miscreants hurled a stone at the Chief Minister on Saturday night near Vivekananda School Centre in Vijayawada's Singh Nagar, which injured his left temple when he was canvassing for polls.
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