'Maybe he was wrong, but they believed he genuinely meant what he said.'
Government sources in the PMO said Montek Singh Ahluwalia and other panel members will continue till the next Planning Commission is constituted by the prime minister. The apex panel plays a crucial role in the budgetary process. Finance Minister Pranab Mukherjee is likely to present the Budget in the first week of July. Though the recommendations of the Plan panel are not legally binding, the inputs are crucial in dealing with the planned expenditure by the government.
This is more than double the money that the state got during the Xth plan.
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.
Chief Minister Vasundhara Raje claimed the deputy chairperson of planning commission Montek Singh Ahluwalia was very pleased with the performance of the state.
Planning Commission has submitted a proposal to the finance ministry for raising Rs 70,000 crore
The Planning Commission will bring out a policy paper on the regulatory framework for the infrastructure sector by end of 2004.
The political storm over foreign consultants in the Planning Commission took a new turn on Wednesday amid indications that experts from the World Bank, McKinsey and ADB
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.
High profile economist Montek Singh Ahluwalia on Monday assumed charge as the deputy chairman of Planning Commission.
The Planning Commission on Monday said investment in the infrastructure sector in the Eleventh Five-Year Plan (2007-12) will be close to the target of $500 billion, thanks to a better-than-expected show by the telecom sector
India will become the third-biggest economy in the world by 2030, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said.
Planning Commission Deputy Chairman Montek Singh Ahluwalia has apologised to West Bengal Chief Minister Mamata Banerjee for the unruly mob behaviour outside his office targeting her and her Cabinet colleagues and said steps need to be taken to avoid such situations in the future.
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.
India can raise funds through selling up to\n49 percent of its state-run firms, Montek Singh Ahluwalia, deputy chairman of the\nPlanning Commission, has said.
Planning Commission echoed Prime Minister Manmohan Singh's concern that corporate salaries were excessive but said there was no proposed move to impose any cap on their salaries.
The Planning Commission on Friday said that high inflation, primarily driven by rising food prices, is likely to ease in the next few months on the back of an expected good rabi crop.
Industrialist Anil Ambani on Wednesday met Planning Commission deputy chairman Montek Singh Ahluwalia, who is reportedly in the reckoning for the post of Finance Minister in the new UPA government.
Questioning the methodology of CSO in computing economic growth projections, the Planning Commission today said it has ignored the rising growth trend while working out estimates for 2012-13.
The railways should leverage its revenues to raise money from the market to modernise and expand its facilities, planning commission deputy chairman Montek Singh Ahluwalia said in New Delhi on Monday.
International Monetary Fund managing director Dominique Strauss-Kahn on Thursday said he favoured new heads of the World Bank and the Fund to be from countries other than Europe and the United States.
Under Railways, the two sides agreed to pursue specific collaboration arrangements in heavy haul, station redevelopment and raising speed of existing trains in India.
Both sides have already agreed on restructuring of the schemes and curtailing the subsidy bill, Ahluwalia told reporters after the meeting.
Government and the Planning Commission had earlier projected a growth rate of 9 per cent during 2011-12, up from 8.6 per cent in the previous fiscal.
However, 10 per cent economic growth rate does not seem feasible, Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters here, a day before full Plan panel is to meet under the chairmanship of Prime Minister Manmohan Singh.
Behind the GBS figures, to be revealed in the Budget next week -- lies a fierce tug of war between Finance Minister P Chidambaram and Planning Commission Deputy Chairman Montek Singh Ahluwalia in which Prime Minister Manmohan Singh eventually threw his weight behind the finance minister.
International economic diplomacy will be a major focus for the new government.
Even if you raise the poverty line as much as the Expert Group does, it turns out just 11 per cent of Indians are poor, not 37 per cent -- that's a huge poverty of estimation.
In an apparent attack on the previous united front and NDA governments for neglecting agriculture, the planning commission on Monday asked the centre to "correct" farm policies in view of the deceleration in the sector witnessed since 1996.
The luncheon at his residence was attended by Planning Commission Deputy Chairman Montek Ahluwalia, Chairman of PM's Economic Advisory Council C Rangarajan, former RBI Governor Bimal Jalan, Foreign Secretary Shiv Shanker Menon and officials of the Prime Minister's Office.
Anil Ambani has interests in power, telecom and other infrastructure sectors.
The tug of war between the finance ministry and the Planning Commission over more resources for plan projects worsened, with Planning Commission Deputy Chairman Montek Singh Ahluwalia saying he was keen on getting more money for the 11th Plan.
Freight corridor project slipping, needs supervision revamp, says Plan panel.
Planning Commission on Tuesday endorsed RBI's hawkish policy of hiking key rates by half a percentage point saying this would contain inflation.
Manmohan Singh, who also heads the government's Plan think-tank, complimented the internal Planning Commission for starting the process of mid-term appraisal in 'right earnest.'
