Anand Sharma to address National Seminar on "Industrial Productivity for Inclusive Growth" todayOctober 5th, 2009 NEW DELHI - Union Minister of Commerce and Industry Anand Sharma will address the National Seminar on "Industrial Productivity for Inclusive Growth" here today. The seminar is being organized by the National Productivity Council, Department of Industrial Policy and Promotion, the Ministry of Commerce and Industry.
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.
Planning Commission meets todaySeptember 1st, 2009 NEW DELHI - The full Planning Commission will meet here on Tuesday to take stock of the economic situation in the country. Prime Minister Dr.
Growth to slow in coming quarters, says AhluwaliaSeptember 1st, 2009 NEW DELHI - Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Tuesday that country's economic growth in the coming two quarters will be lower than April-June. The economy grew 6.1 percent in the June quarter, roughly in line with forecasts, but a poor monsoon threatens to erode growth later in the year even as it drives prices higher.
India's GDP records 6.1 percent growth in first quarterAugust 31st, 2009 NEW DELHI - India managed a reasonable economic growth of 6.1 percent during the first quarter of the current fiscal despite the global financial crisis impacting manufacturing and services sectors. Country's Gross Domestic Product (GDP) growth rate during April-June 2009 at 6.1 percent was higher than 5.8 percent in the previous quarter.
Poor monsoon could lower India's growth, says Montek Singh AhluwaliaAugust 18th, 2009 NEW DELHI - Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission on Tuesday said that India's growth projection could be trimmed due to a poor monsoon. Yet the country has adequate food stocks to counter inflationary pressures, he said while addressing an international meet on key inputs for accelerated development of Indian power sector for the XII Plan held here.
Poor monsoon could hit India's growth: Planning board chiefAugust 18th, 2009 NEW DELHI - The erratic monsoon could hit India's economic growth this year, but the country has enough food stocks to counter inflationary pressures, Planning Commission Deputy Chairman Montek Singh Ahluwalia said here Tuesday. "The existence of drought by itself can only lead to some shaving down of growth projections," Ahluwalia told reporters on the sidelines of a conference.
Planning Commission to moderate growth targetJuly 8th, 2009 NEW DELHI - The Planning Commission on Wednesday began the Mid-Term Review of its 11th Plan to moderate the nine percent growth target for the next five-year period. "We will have to moderate the growth target.
Former ISRO chief to join Planning Commission: MontekJuly 7th, 2009 NEW DELHI - Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday said that Rajya Sabha member Krishnaswamy Kasturirangan will be appointed as a member of the commission. "Dr K Kasturirangan has to be appointed as member of the Planning Commission but he has not been appointed formally so far because he has to resign as Rajya Sabha member for the purpose," said Montek Singh Ahluwalia.
Mukherjee to state finance ministers: Find ways to bring economy on higher growth pathJune 11th, 2009 NEW DELHI - Union Finance Minister Pranab Mukherjee today appealed to find ways to bring the economy on the higher growth path without increasing fiscal deficit. Addressing a conference of state finance ministers as part of a pre-budget here, Mukherjee said the Central Government would focus on infrastructure, agriculture and employment generating sectors to promote growth and protect jobs.
Monkek S. Ahluwalia retained as Planning Commission's deputy chiefJune 5th, 2009 New Delhi, June 5 (ANI): Reconstituting the Planning Commission on Friday, the Government retained Montek Singh Ahluwalia as its Deputy Chief for another term. The planning commission panel will have three new members-Narendra Jadhav, honorary vice-chancellor of Pune University, Mihir Shah, Secretary of Samaj Pragati Sahayog and also former member of the PM's economic panel Saumitra Chaudhuri.
Pranab Mukherjee to begin pre-budget talks from MondayMay 31st, 2009 NEW DELHI - Finance Minister Pranab Mukherjee will begin pre-budget consultations with different groups from Monday. Mukherjee will hold consultations with trade and industry bodies like the FICCI, the CII, the ASSOCHAM and the FIEO, economists, agriculturists, bankers and corporate honchos ahead of the presentation of the budget for 2009-10 in the first week of July.
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.
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.
CII to work for integrated growth in northern regionMarch 19th, 2009 CHANDIGARH - The Confederation of Indian Industry (CII) Wednesday called for comprehensive growth of the entire northern region and urged consistency in subsidies and incentives for all states. 'Our motto for the year 2009-10 is 'Building North for Tomorrow'.
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