The data further revealed that GDP growth rate was 9.4 per cent in the last quarter of 2009-10 and 8.3 per cent in the third quarter of 2010-11.
In this interview with rediff.com's Sahim Salim, Sen, who has just returned from South Korea where he was awarded the prestigious Gwangju Prize for Human Rights, says that the sedition laws, for which he was charged and found guilty by the state, in this country need to be repealed as they "impede the progress of democracy in this country."
According to the IMF sources, the 27-member European Union bloc had asked the Chinese for support for Lagarde.
"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.
Chhattisgarh Chief Minister Raman Singh asked the prime minister to review the decision of appointing activist Dr Binayak Sen on a Planning Commission panel, saying his contribution to health sector is "hugely exaggerated" and there is little on ground to support it.
The Plan panel on Wednesday said the government's refusal to accord environment clearance to Vedanta's proposed $1.7 billion aluminium project in Orissa would not tarnish India's image as an investment friendly destination.
Officials say the new minister, CP Joshi, is convinced by the Planning Commission that the government should award more contracts under the tolling mode.
The Plan panel on Wednesday said it has appointed civil rights activist Binayak Sen, convicted for sedition, on the board of one of its steering committees to give input for 12th Plan (2012-17) on health related issues.
Last week, Power Secretary Pradeep Kumar Sinha said that the government is confident of adding 1,18,000 MW capacity by 2017.
a nation should ensure that people are compensated adequately for their work by paying the minimum wage.
For the first time, the Government of India has launched an interactive website to seek feedback and suggestion on various issues that would contribute to the approach paper of the twelfth Plan (2012-17). Views on the Plan can also be expressed through a Facebook page.
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday expressed concerns over rising crude prices which soared to two-year high of $ 102 a barrel in Asian markets.
Amidst the anguish about corruption -- and, one might add, the dirty tricks unleashed against those campaigning on the issue -- people have tended to forget that the big story in India, the truly exciting story, remains rapid economic growth.
The long-awaited move to bring urea under the Nutrient-Based Subsidy (NBS) scheme is likely to be announced in the coming Union Budget, to be unveiled on February 28, even as the government would decontrol its prices gradually.
Concerned over weaknesses in manufacturing sector, the Planning Commission on Thursday pitched for further liberalisation of FDI policy and improvement of business regulations to step up GDP growth rate to 9-9.5 per cent in the 12th Plan from 8.2 per cent in the current plan.
"In China's 12th Plan, exports do not hold the same place. Besides, the Chinese will be vacating the lower end of value spectrum like textiles and leather...So who will replace them? Are we going to step in or will it be Vietnam or Turkey or Indonesia," Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
The pilot scheme to develop satellite towns around seven mega cities will spill over to the 12th Plan period (2013 to 2018), as against the original deadline of April 2012.
Expressing serious concern over the growing instances of starvation deaths in the country, the Supreme Court on Wednesday said there cannot be "two Indias" divided between the elite and the poor.
Union Minister for Heavy Industries and Public Enterprises Praful Patel on Friday said his ministry was preparing a list for outright sale of sick and closed PSUs that have no potential for turnaround.
Jairam Ramesh has set off a growth-versus-sustainability debate.
In an interview with Karan Thapar on the CNN-IBN channel's Devil's Advocate programme, Planning Commission Deputy Chairman Montek Singh Ahluwalia explains why he faults the controversial report of the Comptroller and Auditor General on 2G telecom spectrum allocation. Edited excerpts:
West Bengal Chief Minister Mamata Banerjee on Tuesday made an unscheduled visit to B C Roy Children's Hospital in the metropolis where 18 infants died in a span of 48 hours and said she will take up the issue of high infant mortality rate in the state with the prime minister.
At the annual Pravasi Bharatiya Divas, organised by the government ostensibly to celebrate the country's connection with the 27-million-strong Indian diaspora living in 150 countries, Mr Ahluwalia said last Sunday that India was reaching out to NRIs not for their money, but because it valued the long, socio-cultural footprint all Indians living in India and abroad shared.
"Yes it is true that milk and vegetable prices are high. You know some of this is a reflection of economic prosperity and purchasing power," Commission Deputy Chairman Montek Singh Ahluwalia said.
Ahluwalia's statement comes in the backdrop of Reserve Bank of India's tight monetary policy and high inflation.
The government's flagship health insurance programme for the rural poor has drawn increasing appreciation from European and Asian countries.
The Andhra Pradesh Raj Bhavan sex scandal and the paternity suit a love child filed against Tiwari dogged him in his 80s.
A top Home Ministry official said no note has been prepared yet to be placed before tomorrow's scheduled meeting of the Cabinet to be chaired by Prime Minister Manmohan Singh.
Clouded by the global economic meltdown that began in 2008, the current Plan (2007-12) needed a lot of scaling down of the targets and the mid-term review was quite straight about it.
The key idea seems to be to move away from the discredited US model of private insurance based healthcare, and focus more on publicly-funded preventive, primary and secondary healthcare.
Although India's private health insurance industry's business volumes have grown by over 35 per cent a year in the last few years, a staggering 85 per cent of the population remains uninsured, according to industry estimates.
Economy grew by 8.6 per cent in 2010-11.
Students of Kolkata's Presidency College on Saturday hurled eggs and tomatoes at Planning Commission Deputy Chairman Montek Singh Ahluwalia to protest price rise while he was leaving a seminar, but missed their target.Eyewitnesses said that student demonstrators belonging to the Students Federation of India, affiliated to the Communist Party of India - Marxist, threw eggs and tomatoes and waved black flags at Ahluwalia as he was leaving a UGC-sponsored national seminar.
The plan panel on Thursday termed the housing finance racket, involving the chief of LIC Housing Finance and several other officials of PSU banks, as a "very small" incident as far as banking system as a whole was concerned.
It has emerged that a senior US government functionary offered to help India garner greater funding from the World Bank in return for protecting Dow Chemicals from possible legal fallout from the gas tragedy.
The reservations of Environment Minister Jairam Ramesh on the projected additional electricity generation capacity of 100,000 Mw during the 12th Five-Year Plan (2012-17) period has failed to cut much ice with the Planning Commission.
His interaction was webcast live on Twitter.
The Planning Commission has decided that approvals for all social sector projects undertaken by various non-government organisations, normally outside the purview of CAG, will come with the rider that they will be subject to audit, if required.
Planning Commission Deputy Chairman Montek Singh Alhluwalia has said that a person who can spend Rs 32 a day in urban India -- and Rs 26 a day in rural India -- is not poor and that he is above the poverty line.
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Prime Minister Narendra Modi has asked NITI Aayog to frame policies to propel India into the next century.
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