The document also recommends setting up of a high-level committee with the task of examining the option and asking it to submit a report within six months.
The Eleventh Plan draft document has built a strong case for relaxing foreign direct investment norms in key sectors like insurance, private banking, single brand retailing and broadcasting. The draft would be discussed at full Planning Commission panel meeting on Thursday.
The government plans to resurrect the ministry of disinvestment in a bid to raise resources by selling its shareholding in public sector companies.
Rajan Committee has evoked divergent reactions from the states.
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.
Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.
There would be a gap in legislation to be caused by proposed winding up of MRTPC with respect to unfair trade practices. The gap can be filled in be establishing NCPA through enactment of National Consumer Protection Authority Act, the document said. The MRTPC, which has been looking into various unfair trade practices would be wound up to make way for Competition Commission, which is likely to be fully operational by the end of next year.
She also slammed the Centre for its decision to observe January 23 as 'Parakram Diwas' to commemorate the birth anniversary of Netaji Subhas Chandra Bose and said the Narendra Modi government did not consult with her before announcing it.
...'hum decide karenge kaun banega mukhyamantri. This decision is not to be taken in Mumbai.'
Pakistan's election commission has expressed its inability to hold general elections within three months due to legal, constitutional and logistical challenges, according to a media report on Tuesday.
The airport, being developed by the Adani Group, is expected to start commercial operations early next year.
The Planning Commission in May 2012 had constituted the expert group under the then Prime Minister's Economic Advisory Council Chairman C Rangarajan to review the Tendulkar Committee methodology for estimating poverty, following an uproar over the number of poor in the country.
No government in the past initiated the process of policy making for its next tenure even before going in for elections. Once the Model Code of Conduct is enforced by the Election Commission, should the government of the day refrain from taking an active interest in policy making for the next five years and let that be the function of the new government?, asks A K Bhattacharya.
Coinciding with the 3-day traders stir against the implementation of value added tax, the Mid-term Appraisal of the 10th plan has pointed to "serious design flaws" in the tax even as Planning Commission Deputy Chairman Montek Singh
The government is trying to promote infrastructure development through PPP projects and has suggested the state should pick projects under this mode in a big way.
Three people were killed and scores of others, including around 20 security personnel and four personnel of the administration, were injured as protesters opposing a court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh clashed with police on Sunday.
Delhi's air quality plummeted to alarming levels on Tuesday after 24 days, with many areas witnessing a significant spike in pollution despite the strictest measures, including a ban on construction activities and the entry of trucks into the city, coming into force.
Health and education sectors will get just 61 and 60 per cent of the funds earmarked in the 11th Plan period, according to estimates prepared by the Planning Commission.
The Planning Commission has scaled down the growth rate for the Eleventh Plan ending 2012 to 8.1 per cent from 9 per cent in the wake of the global financial crisis that slowed the pace of economic expansion.
The initial draft of the approach paper to the 12th Plan had set a target of 9-9.5 per cent growth, depending on the global economic scenario.
'Regulatory challenges exist everywhere. What we look for is regulatory stability over time.'
Planning Commission to ask Prime Minister's Office to intervene.
With over half the Plan funds that Parliament approves being spent through non-government channels, to cite the figure in CAG Vinod Rai's presentation to the Planning Commission, members of the Parliament have no way of knowing whether the money is properly spent.
The planning commission has begun work on the approach paper for the eleventh Five-Year Plan (2007-12) and would soon set up steering committees and working groups for the purpose but is yet to fix the growth target for the next plan period.
Lok Sabha polls held over 5 phases so why hold assembly elections in single phase, asks Oppn.
Document to talk about social unrest, energy shortages, global factors.
'Splitting must result in tangible benefits for the customer, otherwise it will only mean more work for them in maintaining the policy and for their nominees.'
The Union Cabinet on Wednesday approved the proposal for 'one nation, one Election' as recommended by the Kovind panel, Union minister Ashwini Vaishnaw said on Wednesday.
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.
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 BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
"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.
Opposition leaders on Monday slammed Prime Minister Narendra Modi for his comments made at an elections rally in Rajasthan, with some leaders also appealing to people to reach out to the Election Commission of India.
On a daily basis, AMCs are required to disclose the Total Expense Ratio of all mutual fund schemes except infrastructure debt fund schemes on their respective websites.
