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.
Bharti Airtel Chairman and Managing Director Sunil Bharti Mittal, Vodafone Plc CEO Vittorio Colao, Telenor CEO Jon Fredrik Baksaas and Idea Cellular Chairman Kumar Mangalam Birla on Wednesday met ministers and senior government officials to present the industry's concerns over telecom regulator Trai's proposals on the auction of spectrum.
The Supreme Court will hear two review petitions -- one by the Central Ground Water Authority and the other by 21 eminent citizens -- and decide on whether to issue notice and hear the same at length, a press release stated.
Planning Commission has submitted a proposal to the finance ministry for raising Rs 70,000 crore
Concerned over sluggish growth and poor investment climate, Assocham President Rajkumar Dhoot met Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday and demanded the controversial tax proposal GAAR be put in 'cold storage'.
Anil Ambani has interests in power, telecom and other infrastructure sectors.
The government, which had set a reserve price of Rs 14,000 crore for pan-India spectrum broadly drawing from the basis used by Comptroller and Auditor General in calculating the loss in the previous sale in 2008, managed a meagre Rs 9,407.64 crore (Rs 94.07 billion) in the auction that lasted barely two days.
It's imperative for the govt to reassure investors: Montek Ahluwalia
Monsoon has missed its date this year with granary states of Punjab and Haryana.
Monsoon has missed its date this year with granary states of Punjab and Haryana.
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.
Noted agriculture scientist M S Swaminathan, bureaucrat-turned-activist Harsh Mander and academician Madhav Gadgil have been denied re-nomination.
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.
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.
To offset the impact of high import costs, the Planning Commission had said that Coal India Ltd should adopt a pooling formula on prices by combining rates of imported and domestic coal.
Terming HSBC's projection at 5.2 per cent for the current fiscal as incorrect, Ahluwalia said the second half is likely to be better than the first half's.
A reformed Planning Commission should reflect the diversity of Indian debate.
Indian economy grew at a nine-year low rate of 5.3 per cent in January-March quarter in the last financial year and also in the last fiscal at 6.5 per cent.
Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.
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
Left economists in various committees of the Planning Commission on Tuesday threatened to resign if the government did not reconsider the decision to include foreign experts in consultations for the Mid-Term Appraisal of the Tenth Plan.
The Planning Commission has suggested an investment of up to $30 billion from the burgeoning foreign exchange reserves of over $100 billion in the country.
Showing concerns over hardening inflation, the Reserve Bank today left the key interest rate unchanged but reduced cash reserve ratio by 0.25 per cent to inject Rs 17,500 crore (Rs 175 billion) liquidity into the financial system.
The Planning Commission will soon set up a core group to coordinate relief work in areas affected by the December 26 tsunami disaster that left over 10,000 people dead and damaged property worth $ 1.5 billion.
Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission made a presentation in which he pointed out the detailed process through which these targets were finalised and the high level of ambition they represent.
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.
The Planning Commission will finalise in a couple of months a draft on an integrated energy policy, which will include its views on merger of oil public sector undertakings.
To offset the impact of high import costs, the Planning Commission has said that CIL should adopt a pooling formula on prices by combining rates of imported and domestic coal.
The Planning Commission will bring out a policy paper on the regulatory framework for the infrastructure sector by end of 2004.
In a huge turnaround, Bihar has emerged as the fastest growing state in the country with figure of 10.9 per cent, overtaking Gujarat whose growth has dipped.
Between 2004-05 and 2011-12, on an average, poverty declined by two percentage points a year say experts who worked on the data.
The economy will turn the corner in the next six months as the deceleration of the past several quarters has been arrested, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Monday.
The government is doing a lot to push growth but the impact of its efforts will be felt in the second half of the fiscal when the expansion rate will show some improvement, Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
During the fourth quarter of last fiscal, the economy had grown at a nine-year low rate of 5.3 per cent. During the entire fiscal of 2011-12, the economy grew by 6.5 per cent.
Experts say the party is undoing what it achieved through MNREGA by targeting beneficiaries
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