The commission had earlier projected a 2.5 per cent fall in the farm output due to weak monsoon but expects the drop to be less than that.
The government is likely to raise the Gross Budgetary Support (GBS)-- the amount of assistance provided by the Centre for Plan schemes-- by 15 per cent to Rs 2.60 lakh crore during 2010-11.
Prime Minister Manmohan Singh, who left for Washington on Saturday, is likely to take up with the US authorities the issue of video and cable piracy that has been causing huge losses to both American and Indian entertainment companies.
Moreover, 'no-go' areas need not be excluded for mining activities for ever, Planning Commission deputy chairman Montek Singh Ahluwalia said.
Aviation Minister Praful Patel's outburst against Planning Commission Deputy Chairman Montek Singh Ahluwalia is perhaps not difficult to understand since most people think it was actually Patel who should have been keeping an eye on the delays at the Delhi airport.
The Planning Commission on Monday lowered the target for construction of roads under the NHDP scheme to 2,500 km for the current fiscal from 3,165 km in the previous year, which was not met by the road ministry.
Holding their first comprehensive Strategic Economic Dialogue (SED) in Beijing on Monday, India and China have reached an understanding to deepen bilateral investment cooperation, further open up markets to each other and improve the investment environment.
This is a 22 per cent hike compared to the funding the state received last year.
Modernisation of agricultural marketing is important, says Montek Singh Ahluwalia
West Bengal Chief Minister Mamata Banerjee on Tuesday faced protests over death of an SFI member from Left activists who also heckled her Finance Minister Amit Mitra outside the Planning Commission office in New Delhi.
A day before the announcement of the inflation data for August, the Planning Commission said that the figures would remain high but would start declining in subsequent months to reach a level of 6 per cent by December-end.
"The word populist has negative overtones, but I am sure (the) finance minister will present a popular Budget. However, we should maintain the mystery of the Budget and you have to wait and see what comes out," Planning Commission Deputy Chairman Montek Singh Alhuwalia said.
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.
Pitching for more public-sector role in health, Planning Commission deputy chairperson Montek Singh Ahluwalia said on Monday health and education are two areas where the private sector is welcome to make investments but the government needs to be dominant.
Attacking the government over the issue of price rise, the Bharatiya Janata Party said on Wednesday if the United Progressive Alliance dispensation was sincere in addressing the "burning issue" they should agree on a discussion in Parliament under a provision that entails voting.
Even though present times were fraught with challenges, there is still inherent, vast and untapped opportunity in India, concludes the 10th India Business Conference at Columbia Business School.
Prime Minister Dr Manmohan Singh has convened a meeting of senior ministers on Tuesday to discuss the recommendations of the National Advisory Council on the Food Security Bill.
"The rest of the world should pass a motion of thanks to India for keeping its emission at a level which actually is below the level required to achieve climate sustainability," says Montek Singh Ahluwalia, a key member of Prime Minister Manmohan Singh's economic team.
His statement came against the backdrop of a controversy kicked off by his email to Ahluwalia.
Broad convergence on GST rollout in NDC meet.
Planning Commission deputy chairman Montek Singh Ahluwalia said on Thursday that inflation would go up and hover between 4 and 5 per cent by the end of this year.
Farm activists say low MSP is fine, if salaries revised under the Sixth Pay Commission are lowered.
Food inflation rose to 18.32 per cent for the week ended December 25, because of rise in prices of food items like onion, milk and meat.
The Goldman Sachs report that suggests the stock market, Nifty, could grow 17 percent to reach 7,000 by December. At this rate the country will be second to Korea, and better than China.
The working group on food and public distribution constituted under the chairmanship of Planning Commission Deputy Chairman Montek Singh Ahluwalia is likely to recommend using the numbers effectively for streamlining PDS.
In the October-December quarter, India's economy grew below expectations at 4.7 per cent on falling output in the manufacturing sector.
The meeting chaired by Prime Minister Manmohan Singh was attended by Commerce and Industry Minister Kamal Nath and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Industry leaders, including Ratan Tata, Rahul Bajaj, Mukesh Ambani and Sunil Bharti Mittal, who are members of the council, also participated in the discussions.
Allaying apprehensions over the possibility of deficit rainfall this monsoon season, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday said it is too early to reach the conclusion that something adverse is happening.
The nation's highest policymaking body, the National Development Council, will focus on five key areas, including the Naxal menace, power reforms and water crisis, at its meeting on Saturday.
Petroleum Minister Mani Shankar Aiyar on Tuesday indicated that the government would increase petrol, diesel and LPG prices, but also cut duties in a bid to contain the impact of surge in international oil prices.\n\n
Interview with Montek Singh Ahluwalia, Deputy Chairman, Planning Commission.
The current account deficit is the difference between inflow and outflow of foreign exchange.
Coming out strongly in favour of providing visas on arrival to tourists, Planning Commission ceputy chairman Montek Singh Ahluwalia on Friday extended all support to the tourism ministry and said both would jointly take it up with the concerned minis
Ahluwalia asks sector to share and absorb risks associated with concession agreements under PPP model.
"I don't think that it is government's view that the present inflation cannot be brought under control without FDI in multi-brand retail. We can bring inflation under control," Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances