'After his warm and affectionate farewell speech, the Chief of Staff of the formation asked me, "So, now you are off to Coorg to look after your coffee estates?"' For the last time, in Army uniform and much to his surprise, I replied, "Sir, I am not from Kodagu.".'
Plans to increase price progressively.
Internal report, to be finalised in seven-10 days, may also suggest reduction in subsidies
For Yoginder, it is a release from pain. But for us, his friends, it is the loss of a warm and generous life companion, says Nitin Desai of his 50-year association with the eminent economist who passed into the ages on December 6, 2022.
As Chief Minister Arvind Kejriwal pitches for early assembly polls in Delhi, experts on Sunday said the city government may have to write to the Election Commission giving reasons behind the demand. The term of the Delhi assembly ends on February 23 next year and the polls are expected to be held sometime early February.
A report by a senior official in the Planning Commission has said the National Highways Authority of India (NHAI) is heading towards bankruptcy, as its debt is set to increase five times in the next three years.
Chief Minister Vasundhara Raje claimed the deputy chairperson of planning commission Montek Singh Ahluwalia was very pleased with the performance of the state.
"We have recommended that at least 20 per cent of coal should be sold through e-auction," said Kirit Parikh, member (energy), Planning Commission. CIL currently puts for sale about 10 per cent of its annual production through online bidding. The National Coal Distribution Policy has already recommended increasing this quantum in a bid to ensure better price discovery of the fuel.
Planning Commission on Thursday said the target of eight per cent GDP growth in the 10th Five-year Plan is "fully achievable".
Replying to a question related to the possibility of additional fiscal stimulus measures in the forthcoming Budget, Planning Commission Deputy Chairman Montek Singh Ahluwalia said: "We have started some discussion with the finance ministry. This is related to what should be an appropriate size for planned expenditure for 2009-10." In the interim Budget announced in February this year, the planned expenditure for 2009-10 was budgeted at Rs 2,85,149 crore.
With the economy witnessing a slowdown, the Planning Commission has recommended to the finance ministry that states be given more freedom to borrow from the market, even if the fiscal deficit touches 4 per cent of state GDP.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
The commission had rejected the theory that it was a spontaneous act by karsevaks whereas the CBI court has ruled that there was no evidence that demolition was a conspiracy.
'Amit Shah had promised Ajit Pawar and Praful Patel that even if there were only one third of MLAs with them, they would be given the party symbol.' 'He promised them that the Election Commission would not take a decision against them and that they would get the party name and symbol.'
A Planning Commission panel has suggested allowing foreign investors to own a larger share in domestic insurance companies. The group, chaired by Planning Commission member Anwarul Hoda, has also said that foreign direct investment restrictions on reinsurance companies should be removed.
In the midst of the high-octane legal battle between the two Ambani brothers over gas supply from KG-D6 fields, the Planning Commission said on Thursday that it is not concerned about the outcome of the dispute, but only wanted to promote the use of the fuel for the power and fertilizer sectors.
Asserting that it was incorrect to say foreign consultants were in the Planning Commission, Union Finance Minister P Chidambaram has said only experts of Indian origin have been nominated to its consultative committees.
NCP (SP) chief Sharad Pawar has thrown his weight behind villagers in Solapur, Maharashtra, who are demanding a repoll using ballot papers after raising doubts about the accuracy of Electronic Voting Machines (EVMs). Pawar met with villagers in Markadwadi, where a police case was filed against over 200 people for attempting to conduct an unauthorized re-election. He expressed support for their concerns, claiming that the villagers were "the ones who thought of conducting polls using ballot papers." Pawar criticized the police action, calling it a restriction on the villagers' right to assemble and vowing to raise the issue with the Chief Minister, the state Chief Electoral Officer, the Prime Minister, and the Election Commission of India.
'Defence does not new 'planning commissions'; it needs an implementation commission.'
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
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.
The SC questioned the Delhi government over delay in implementation of stricter anti-pollution measures under GRAP-4, and said it will not allow scaling down of the preventive measures without its prior permission.
The ministry was supposed to send the policy for Cabinet clearance by February end.
'For the next nine months to one year I would still be an active player.'
Seven FIRs have been lodged in connection with the violence over a court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, naming Samajwadi Party MP Zia-ur-Rehman Barq and local SP MLA Iqbal Mehmood's son Sohail Iqbal as accused. Three people were killed and scores of others injured on Sunday as protesters opposing the survey of the Shahi Jama Masjid clashed with police. The district administration has imposed prohibitory orders and barred the entry of outsiders into Sambhal till November 30.
Ahluwalia, who was part of the team under then Finance Minister Manmohan Singh that started reform process in 1991, is presently with the International Monetary Fund, a post which he is expected to relinquish next month.
Planning Commission has submitted a proposal to the finance ministry for raising Rs 70,000 crore
Under the Mahatma Gandhi National Rural Employment Guarantee Act, a worker is entitled to Rs 100 per day for minimum of 100 days in a year.
Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.
Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.
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 Planning Commission will bring out a policy paper on the regulatory framework for the infrastructure sector by end of 2004.
The term of the Deputy Chairman and Members of the Commission is coterminous with that of the Prime Minister and all of them have resigned following the change of government last month after the general elections.
The new body may be headed by the Prime Minister as the chairman position would be ex-officio.