"Our existing institutional arrangements for managing inter-state rivers seem to have broken down. Unless we create effective institutional arrangements, sharing of river waters is likely to become a source of internal conflict."
Worried over slowdown of agriculture sector due to "technology fatigue," Prime Minister Manmohan Singh on Tuesday assured the Chief Ministers that the Centre was willing to support their plans for enhancing productivity in the segment.
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).
Prime Minister Dr Manmohan Singh has drawn the attention of chief ministers towards the Centre's pet project of food security special programmes of wheat, rice and pulses.
The government on Thursday said it would open up to 20 IIITs across the country in partnership with the industry, for which a sum of Rs 100 crore (Rs 1 billion) has been approved. Planning Commission member secretary Rajeeva Ratna Shah said the National Development Council (NDC) has approved setting up of the new IIITs, which will be co-funded by industry associations and other business houses.
Prime Minister Manmohan Singh on Wednesday expressed optimism that the country would be able to sustain four per cent growth rate in the farm sector achieved during the past three years.
Prime Minister Manmohan Singh on Wednesday said rising inflation and slow response to rising demand for wheat, pulses, rice and edible oil have caused a sense of urgency for food security in the country.
Recognising the need for massive funds for the Plan, Dr Singh said that subsidies, open or hidden, would be contained for more resources.
The government is planning to provide collateral-free loan up to Rs 1.50 lakh to farmers through the Kisan Credit Card scheme.
Departing from convention, the Planning Commission has sent the draft Approach Paper of the 11th Five Year Plan to Prime Minister Manmohan Singh first for approval.
Banerjee, however, didn't clarify whether any other minister of her cabinet would attend the meeting on her behalf or not.
State governments are expected to play a more significant role
On the heels of neighbouring Orissa notching up the single largest FDI project in the country, Jharkhand has also bagged an investment of about Rs 28,000 crore (Rs 280 billion) from domestic steel and power utilities and is ready to sign MoU with Mit
Asserting that the economy was in a "resilient" mode, Finance Minister P Chidambram on Tuesday said inflation was under control, but the challenge was to mobilise resources to rev up investments.
Reacting to the embarrassing development, Khan chaired an emergency Cabinet meeting and took back the notification to extend services of General Bajwa.
The economic growth target has been scaled down from 8.1 to 7-8 per cent annually during 2002-07 in the mid-term appraisal of the Tenth Five-Year Plan.
The government on Saturday came out with the modalities of the constitutional amendments to enable states to collect and appropriate service taxes, a Bill for which would be introduced in the Budget session of Parliament next year.
The 10th Five-Year Plan highlights,which was approved by the National Development Council in New Delhi on Saturday.
'We need to enhance revenues and address the problem of untargeted, runaway subsidies,' Vajpayee said while inaugurating the National Development Council meeting.
The government said on Thursday that it will try to compensate states for the first three years for any loss of revenue they might suffer due to introduction of Value Added Tax regime next fiscal.
Sources in the poll panel said, prima facie, Adityanath has violated the EC's advisory of keeping armed forces away from political campaign.
Jharkhand, Odisha and Rajasthan do not meet the criteria for being accorded the special category status, while such proposal from Bihar is under consideration, Parliament was informed on Thursday.
State governments want the Centre to direct the 14th Finance Commission to compensate states for implementing pay scales, to be recommended by the pay panel.
As against an annual average growth of 10-11 per cent envisaged for the industry during the period, the actual annual average growth stood at 7.2 per cent during the plan period.
According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.
The prime minister's economic advisory council was disbanded early on, and not reconstituted.
'Karpoori Thakur must be remembered by people today who are tired of witnessing fractious politics where corruption, bigotry, hatred and violence seems to have become distressingly recurrent,' says Mohammad Sajjad.
There were reports that some Commission officials were against the Rajan panel's suggestion to replace Gadgil- Mukherjee formula with Rajan Committee's Multi Dimensial Index for allocation funds to states.
If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
We should improve the business climate in Mumbai and Delhi, and India's ranking would immediately shoot up, says Bibek Debroy, a full member of NITI Aayog.
Addressing a joint session of Parliament on Monday, President Pranab Mukhejee spelled out the Narendra Modi's government's agenda. Here are the highlights of his speech,
'History will never forgive Manmohan Singh for having ended the Indian growth story and created a culture of entitlement instead of creating a culture of hard work and development,' says Colonel Anil A Athale (retd).
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