According to sources, Finance Ministry favours a meagre hike of around 6 per cent in the Plan expenditure for next fiscal over budget estimate of the current financial year.
The causes for and solutions to India's manufacturing angst may not lie in high land costs, excessively labour-friendly laws or excessive taxes.
A controversy broke out on Wednesday over whether or not West Bengal Chief Minister Mamata Banerjee, who was gheraoed by Left activists on Tuesday, ignored an advice to enter the Planning Commission building through the VIP gate.
The memoranda of understanding were signed during a day-long 2nd India-China Strategic Economic Dialogue in New Delhi.
As China's ruling CPC appointed 'fifth generation' leaders headed by Xi Jinping, high-level Sino-India contacts are set to resume this month starting with the Strategic Economic Dialogue, which would be followed by a likely visit of National Security Advisor Shivshankar Menon in Beijing.
Says govt and Vodafone would have a reasonable compromise.
Tamil Nadu Chief Minister J Jayalalithaa may have walked out of the National Development Council meeting on Thursday protesting against 10-minute cap on her speech, but this time limit had already been communicated to the states on Wednesday.
'This is not Ahmedabad Gymkhana but people's house'
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.
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 quiet corridors of the Planning Commission were again agog with activity following talk that the central government would soon announce the former's much-awaited reconstitution.
Says govt's focus is to re-assure foreign investors that India is wide open for business.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
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.
The 12th Plan document describes three average annual growth scenarios - 8%, 6-6.5% and 5-5.5 per cent.
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.
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.
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.
The Planning Commission will bring out a policy paper on the regulatory framework for the infrastructure sector by end of 2004.
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.
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.
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.
The panel, under the supervision of the Planning Commission, also turned down the demand for area-based fiscal concessions for Bihar on the grounds that it was not consistent with the proposed reform measures under the Direct Taxes Code and Goods and Services Tax.
The Planning Commission's working group on drugs and food for the 12th Five-Year Plan estimated that the country's public health sector caters to only 22 per cent of the population.
The Confederation of Indian Industry has pegged the requirement for investment at Rs 280 lakh crore ($4.7 trillion) for five years beginning 2014-15 to make the economy grow by seven per cent a year on an average.
Prime Minister Manmohan Singh on Saturday sought to highlight his government's accomplishments at the meeting of the Planning Commission in New Delhi.
Banerjee, however, didn't clarify whether any other minister of her cabinet would attend the meeting on her behalf or not.
The Planning Commission's latest poverty estimates, based on the 2011-12 consumption expenditure survey, shows that across India, the number of people living below the poverty line declined by more than 15 percentage points -- from 2004-05 to 2011-12 and from 37 per cent to 21.9 per cent.
The committee, to be constituted in a couple of months, would take a comprehensive view on the entire method of estimating poverty, including the Socio-Economic Caste Census 2011.
Interview with Montek Singh Ahluwalia, Deputy Chairman, Planning Commission.
A fund, Essential Air Services Fund or EASF, will be created for paying the subsidy.
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.
Prime Minister Manmohan Singh said on Thursday the government will focus on modernising the agricultural marketing system and brining in private players to this sector in the 12th Five Year Plan beginning 2012.
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