Too early to comment on impact of drought, floods: PMOctober 9th, 2009 HYDERABAD - Prime Minister Manmohan Singh Friday said it was to too early to comment on what would be the impact of drought and floods on the country's economy. "It is too early to comment," he said when a journalist wanted to know the impact the drought in some parts of the country and floods in others would have on the economic growth.
US to give $2.3 bn in stimulus for clean energyAugust 13th, 2009 WASHINGTON - The US will give up to $2.3 billion in tax credits to green manufacturers in the latest disbursement Thursday of the government's economic stimulus package. The new credits will go to manufacturers of clean energy equipment including wind, solar, geothermal energy and electric car batteries.
Governors: Federal stimulus money helped many states avoid deep cuts in public servicesJuly 18th, 2009 Govs: Federal stimulus helped states plug budgetsBILOXI, Miss. — A bipartisan group of governors said Saturday that the federal stimulus package helped states avoid deep budget cuts during the recession.
Stimulus packge for print media extended till Dec 31July 6th, 2009 NEW DELHI - The government Monday extended the economic stimulus package for the print media by six months till Dec 31.
"Since the print media is still passing through difficult times, the stimulus package for the print media is being extended till December 31, 2009," Finance Minister Pranab Mukherjee said while presenting the budget for fiscal 2009-10 in the Lok Sabha.
China says it will strictly enforce environmental controls on economic stimulus packageJune 5th, 2009 China: Will ensure stimulus protects environmentBEIJING — China said Friday it will strictly monitor the government's economic stimulus package for projects that cause pollution, addressing worries that officials would ignore the environment in an effort to maintain China's high economic growth rates. The stimulus will not damage the environment, Ministry of Environmental Protection Vice Minister Zhang Lijun told a news conference.
Obama: Without stimulus package, economy would have gone into tailspinMay 14th, 2009 Obama defends his stimulus packageRIO RANCHO, N.M. — President Barack Obama says if the government hadn't stepped in to help, the economy would have gone into a tailspin.
Aide says Alaska Governor Sarah Palin will accept most federal stimulus fundsApril 29th, 2009 Aide says Palin will OK most stimulus fundsANCHORAGE, Alaska — Alaska Gov. Sarah Palin will sign bills accepting most of the federal stimulus funds available to the state, her spokeswoman said Tuesday.
Japan to submit record supplementary budget for $154 billion stimulus packageApril 21st, 2009 Japan to submit record budget for stimulus packageTOKYO — Japan will submit a record extra budget to finance its massive stimulus package aimed at lifting the world's second-largest economy out of the deepest recession since World War II, officials said Tuesday. Finance Minister Kaoru Yosano said the government would submit the budget to parliament on Monday and plans to issue bonds worth 10.82 trillion ($110 billion) yen to help finance the spending.
China's premier says stimulus working, Chinese economy is better than expectedApril 17th, 2009 China's premier says economy better than expectedBOAO, China — China's Premier Wen Jiabao said Saturday that the country's stimulus package is working and the economy is "better than expected."
He also vowed to expand the country's domestic demand and pull China out of the global economic slump. Wen spoke at the Boao Forum, an annual gathering of government and business leaders on the southern island province of Hainan.
PM Rudd a nerd for wanting to spend stimulus handout on books and musicApril 8th, 2009 SYDNEY - Australian Prime Minister Kevin Rudd has reportedly been called a nerd by some Australians for saying that if he was eligible for a stimulus package hand-out, he'd blow it on books and music. Appearing on Nova radio in Sydney today, Rudd said taxpayers earning less than 100,000 dollars will receive a one-off bonus of up to 900 dollars, as part of the federal government's 42 billion dollar stimulus package.
China concerned over trade protectionism: OfficialFebruary 15th, 2009 BEIJING - China was 'deeply concerned' about trade protectionism, amid fears that such action would aggravate the economic downturn, an official said Monday. Ministry of Commerce (MOC) spokesman Yao Jian told a press conference that China was 'deeply concerned' over protectionism in some countries, which he didn't identify.
Government to announce stimulus package for mediaFebruary 6th, 2009 NEW DELHI - A stimulus package for the Indian media will be announced soon, the government said here Saturday. Media houses have been hit hard by the global financial meltdown.
Third 'stimulus like' package by month-end: Commerce SecretaryFebruary 4th, 2009 NEW DELHI - The government will come out with a 'stimulus like package' by the end of this month to help the country's corporate sector tide over the impact of the current global financial crisis, Commerce Secretary G.K. Pillai said Thursday.
Another stimulus package after Jan 31: Kamal NathJanuary 18th, 2009 NEW DELHI - Maintaining that India will grow by at least 7 percent this fiscal, Commerce Minister Kamal Nath Monday said the government was considering another stimulus package to pump prime the economy. Addressing the 'Partnership Summit 2009' of the Confederation of Indian Industry (CII) here, the minister said the falling inflation rate, now at a little over 5 percent, would help unveil another package.
Second stimulus package this week, says Kamal NathDecember 23rd, 2008 NEW DELHI - In a bid to help the economy tackle the global financial meltdown, the government is expected to come out with its second stimulus package within the next three days, commerce Minister Kamal Nath said here Wednesday. 'We are looking at financial, some liquidity issues, export, and something to stimulate demand and realty also,' Kamal Nath told reporters.
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