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.
Revival plan for Air India on track: Praful PatelSeptember 16th, 2009 NEW DELHI - Union Civil Aviation Minister Praful Patel said here on Wednesday that a revival plan for national carrier Air India is on track and his ministry will soon approach the Union Cabinet for approving infusion of equity. Speaking to newsmen, on the sidelines of the symposium on cooperation between India and Asia in the aviation sector, Patel said the revival plan is in the process of being finalised.
Brace for deceleration of India's growth: MukherjeeSeptember 7th, 2009 NEW DELHI - There is little hope of reversing the slowdown in India's merchandise exports in the near term, and the country's growth is expected to decelerate in the next two quarters, Finance Minister Pranab Mukherjee said here Monday. But a revival of the country's economy can be expected from the last quarter of this fiscal, Mukherjee said during an interaction with the members of the Forum of Financial Writers and the Commonwealth Journalists Association here.
Agriculture, food security should top global agenda: ManmohanJuly 8th, 2009 L'AQUILA - Agriculture and food security need to be placed at the "core of the international agenda", Indian Prime Minister Manmohan Singh said after the G5 meeting here Wednesday, on the eve of the emerging countries' interaction with the G8 nations. "The developing countries are the most affected by high food prices.
PM confident of 8-9 per cent growthJune 9th, 2009 NEW DELHI - Prime Minister Manmohan Singh on Tuesday expressed confidence that the country can achieve eight to nine per cent growth rate in the coming two to three years and the government will be working to achieve it. "I cannot promise that international developments (economic slowdown) will not affect India, but we can still achieve eight-nine per cent growth rate.
Manmohan Singh begins his first day in officeMay 23rd, 2009 NEW DELHI - Prime Minister Manmohan Singh Saturday began his first full working day in office in his second five-year term at the head of a Congress-led coalition government. He presided over a cabinet meeting at his residence, a day after he and 19 cabinet colleagues took the oath of office and secrecy.
Government's top priority will be restoring economy: PMMay 22nd, 2009 NEW DELHI - Prime Minister Dr. Manmohan Singh after taking oath of office and secrecy on Friday said that his government's focus will be on restoring the economy and ensure inclusive growth.
First priority restoring economy : Manmohan SinghMay 22nd, 2009 NEW DELHI - Prime Minister Manmohan Singh Friday said the new government's focus will be on restoring the economy and ensure inclusive growth. 'Our first priority is to restore the economy, especially keeping the global recession (in mind),' the prime minister told reporters after assuming office for a second term after his Congress party's sweeping win in the general election.
Amar Singh congratulates Manmohan, indicates chances of supporting UPAMay 16th, 2009 NEW DELHI - The Samajwadi Party may after all join the Congress-led United Progressive Alliance. SP leader Amar Singh congratulated Prime Minister Manmohan Singh and Congress President Sonia Gandhi for the ruling alliance's grand victory in the elections.
Amar Singh congratulates PM, Sonia on winMay 16th, 2009 NEW DELHI - Congratulating Prime Minister Manmohan Singh and Congress President Sonia Gandhi for the Congress victory in the Lok Sabha elections, Samajwadi party leader Amar Singh Saturday said that any future action by his party will be taken after their party's meeting. 'I congratulate Prime Minister Manmohan Singh and Congress leader Sonia Gandhi for this wonderful win.
UPA government growth rate in slowdown creditable: PMMay 11th, 2009 LUDHIANA - Prime Minister Manmohan Singh Monday said it was 'creditable' that the United Progressive Alliance (UPA) government had been able to sustain the country's growth despite the global economic slowdown. 'Despite recession, our growth rate is the second highest in the world.
Food prices will come down: PMMay 9th, 2009 CHENNAI - Admitting that foodgrain prices had remained high even as the inflation rate came down, Prime Minister Manmohan Singh said here Saturday that the common man will have relief soon. 'It is true that the consumer prices of food grains haven't come down when inflation rates came down.
Economy to recover by September: PMApril 19th, 2009 GUWAHATI - Prime Minister Manmohan Singh Sunday said the world economy will recover 'partially' by September and India would then go back to the growth rate of 8-9 percent. 'I expect the world economy to partially recover by September and if that happens we expect to go back to the growth rate of 8-9 percent, which has been the growth rate of India for the last five years,' the prime minister said while addressing a press conference at Amin Gaon in Guwahati.
Manmohan Singh sees growth falling below 7 percentApril 13th, 2009 MUMBAI - Prime Minister Manmohan Singh Monday admitted the economic growth India experienced during 2008-2009 has slowed down, and that it was likely to be a little less than 7 percent now. 'It (the slowdown) is a matter of concern, but our situation is very different from the deep recession being experienced elsewhere, like in the US, where several companies closed down,' Manmohan Singh told a news conference here.
Manmohan Singh sees scope for further moderation in interest ratesMarch 28th, 2009 NEW DELHI - Prime Minister Dr. Manmohan Singh on Saturday said that plenty of liquidity and low inflation gave room for further interest rate cuts.