Policies for food processing sector bearing results: PMOctober 6th, 2009 NEW DELHI - A slew of policies introduced by the United Progressive Alliance (UPA) government for the food processing industry in the country has started bearing results, Prime Minister Manmohan Singh said here Tuesday. "Our government adopted in 2005 a 'Vision 2015 - Strategy and Action Plan' to enhance the level of perishables from 6 percent to 20 percent, to increase value addition from 20 percent to 30 percent and to increase India's share in global food trade from 2 percent to 3 percent," Manmohan Singh said while inaugurating here the 1st Conference of State Ministers for Food Processing Industries, organised by the ministry of food Processing Industries (MoFPI).
PM to inaugurate food processing conference TuesdayOctober 5th, 2009 NEW DELHI - Prime Minister Manmohan Singh is scheduled to inaugurate a conference of state food processing industry ministers here Tuesday to get inputs for a nation-wide policy and give a push to the $67-billion industry. The focus of the policy will be to step up the level of processing food and related produce in the country, bring down the wastage of perishables from the present 50 percent and scale up research and development efforts.
Infrastructure sector could attract $1.5 tn: MinisterOctober 5th, 2009 NEW DELHI - India's infrastructure sector has the potential to attract investments worth $1.5 trillion (Rs.75 lakh crore) over the coming decade, Commerce and Industry Minister Anand Sharma said here Monday. The 11th Five-Year Plan envisages an outlay of over $500 billion of investment for infrastructure.
Humanity goes into debt with natureSeptember 25th, 2009 NEW DELHI - Humanity went into debt Friday, having used up all that the earth's natural systems can produce this year, according to data from Global Footprint Network (GFN), a research organisation that measures the natural resources we have and we use. A GFN spokesperson said over e-mail that by this Friday, people had already demanded from the earth all the ecological services it can provide in the whole year -- from filtering the main greenhouse gas carbon dioxide to producing the raw materials for food.
Finance minister says Canada will run deficits until at least 2015, 2 years longer than seenSeptember 10th, 2009 Canada to run deficit until at least 2015VICTORIA, British Columbia — Canada's finance minister says the government will run deficits for two years longer than originally forecast, and the country will be in the red at least until 2015. Finance Minister Jim Flaherty says the deficit for this year will be over $4.6 billion more than originally thought, moving up to a projected $51.9 billion from $46.5 billion
Flaherty told an audience in Victoria on Thursday that Canada is showing signs of a fragile economic recovery, but returning to balanced budgets will not be easy.
India not likely to meet millennium goals by 2015: RameshJuly 29th, 2009 NEW DELHI - India is unlikely to meet the Millennium Development Goals (MDG) by 2015, the deadline it had promised, Minister of State for Environment and Forests Jairam Ramesh said here Wednesday. "It's a matter of great distress that we won't reach the Millennium Development Goals by 2015," Ramesh said at a conference of the Parliamentarians' Group on the Millenium Development Goals (PG-MDGs).
India has no plans for manned moon mission, says ministerJuly 16th, 2009 NEW DELHI - Though the Indian Space Research Organisation (ISRO) has expressed its intent to send a manned moon mission by 2015, Science and Technology Minister Prithviraj Chavan Thursday told parliament that India has no such plans. In reply to a question on whether India proposes to send a man to the moon, Chavan said: "No sir."
The minister, however, informed the Rajya Sabha that "India is planning for a follow-on mission Chandrayaan-2, which has an orbitor and lander which land on moon (sic) and a rover which moves on the surface of the moon to probe its surface".
Oil firms told to add 55 mn cooking gas connectionsJuly 15th, 2009 NEW DELHI - Oil companies will soon be preparing detailed plans to increase the number of cooking gas connections, especially in rural areas, by 55 million by 2015. Minister of State for Petroleum and Natural Gas Jitin Prasada gave the instruction Wednesday at a meeting with the marketing directors of the three state-owned oil marketing companies, Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp.
Air Force to have 230 Sukhoi 30 MKI fighters by 2015: AntonyJuly 8th, 2009 NEW DELHI - Defence Minister A K Antony today said the government is planning to increase the number of Sukhoi 30 MKI fighter aircraft in Indian Air Force to 230 by 2015. Antony informed the Rajya Sabha that since 1996 the Air Force has procured 98 Sukhoi-30 MKI fighter jets.
IAF to acquire more Sukhoi fighter aircraftJuly 8th, 2009 NEW DELHI - Defence Minister A K Antony on Wednesday said that the Indian Air Force (IAF) would have 230 Russian-made Sukhoi 30 MKI fighter aircraft by 2015. Replying to supplementaries in the Rajya Sabha, Antony said: "Since 1996, the IAF has procured 98 Sukhoi-30 MKI fighter aircraft.
Government plans to launch 350 food processing unitsJuly 1st, 2009 NEW DELHI - The government will help set up 350 new food processing units in the next 100 days as part of its efforts to create 10 million jobs in the sector by 2015. "We will extend financial help of up to 25 percent or a maximum of Rs.50 lakh (Rs.5 million) in setting up each of these units," Minister for Food Processing Industries Subodh Kant Sahai said here Wednesday while releasing his ministry's 100-day action plan.
India plans to spread CNG network to 200 cities by 2015June 27th, 2009 NEW DELHI - Cooking gas connections for 75 percent of the population, CNG network expansion to 200 cities, SMS booking for gas cylinders and biometric cards for kerosene users are some of the elements of the petroleum ministry's vision paper for 2015. The document, Vision-2015 for Consumer Satisfaction and Beyond", was finalised Friday night at a conclave of chief executives of public sector oil companies in Goa.
Government to overshoot expenditure estimateFebruary 15th, 2009 NEW DELHI - The government Monday revised the total expenditure estimate in the current fiscal to a little over Rs.9 trillion (Rs.900,953 crore), an increase of Rs.1.5 trillion (Rs.150,069 crore) on account of increased assistance to states, greater sectoral investments and a higher subsidy burden. In the interim budget that he presented in the Lok Sabha, External Affairs Minister Pranab Mukherjee hiked the plan expenditure by Rs.395.71 billion (Rs.39,571 crore) to Rs.2.82 trillion (Rs.282,957 crore), against the budgeted estimate of Rs.2.43 trillion (Rs.243,386 crore).
General insurance premium to top Rs.1 trillion by 2015: ReportFebruary 7th, 2009 NEW DELHI - General insurance premium earning is likely to grow at 20 percent annually over the next six years and top the Rs.1-trillion (Rs.100,000-crore) mark by 2015, says an industry report released Sunday. The Associated Chambers of Commerce and Industry of India (ASSOCHAM), in a joint study with the United India Insurance Co, also said the massive increase in premium earning from Rs.280 billion (Rs.28,000 crore) currently would be on account of increased awareness.
National gas grid to be ready by 2015February 5th, 2009 KOLKATA - The pan-Indian network to distribute piped gas will be up and running by 2015, with 8,000 km of the grid under development and the government approving nine additional pipelines, a top official of the regulator said here Friday. 'The entire network can be in place earliest by 2015,' L.