Congress walks out of Gujarat assembly during budget speech

Opposition Congress on Thursday walked out of the Gujarat assembly when Finance Minister Vajubhai Vala started reading his budget speech sitting on his chair. This was the second time that the Congress walked out of the assembly in a day.

MP revenue reciepts up, budget presented

Madhya Pradesh Finance Minister Raghavji on Thursday said the state`s earning from revenue in 2009-10 is higher than projected in the last year`s budget and emphasised on ensuring that all departments spend the money allocated to them under differ

Coming soon: Integrated IT city near Bangalore

The Karnataka government proposes to set up a 40 square km integrated information technology city -- an IT investment region based on central guidelines -- near Bangalore International airport. In his address to the joint session of the Ka

States` share of central taxes to go up

The government has, despite financial stress, accepted the 13th Finance Commission`s recommendations to increase states` share of the central taxes to 32 percent, Finance Minister Pranab Mukherjee said on Thursday. "Despite the fiscal

India hands over two dossiers to Pak

India Thursday asked Pakistan to hand over 26/11 attack mastermind and founder of Lashker-e-Taiba Hafiz Saeed and seven others besides some other militants of Indian Mujahideen and Khalistan for their role in other subversive activities. S

Why sugar, food grains are so costly? Oppn demands a JPC probe

Opposition on Thursday sought to puncture the economic growth story, charging the government with "failure" to check the price spiral and demanded a parliamentary probe into a "scam" in essential commodities like wheat, rice, p

Nalco draws-up Rs 50,000-crore expansion plans

State-run National Aluminium Company Limited (Nalco) has taken up a Rs.50,000-crore expansion programme, a top company official said. "We have taken up the third-phase expansion project to increase capacity. The expansion will be comp

$10 bn spend on eGov on cards!

The government plans to spend USD 10 billion on the national e-Governance programme, a senior government official has said. "The government has committed about USD 10 billion to this programme, of which composite of some investment is

Sajjan Kumar `missing`: PSO files complaint, suspended

Former Congress MP Sajjan Kumar, whom the CBI has failed to arrest despite a non-bailable warrant against him in anti-Sikh riots cases, is "missing" for the past one week and his Personal Security Officer (PSO) has been suspended.

Army chief`s action unjustified: Lt Gen Prakash

Lt Gen Avadesh Prakash, who faces charges in the Sukna land scam, has said that Army Chief General Deepak Kapoor had not applied his mind before changing his decision to initiate court martial proceedings against him. He also said the fres

Centre weak on acting against terror, Naxalism: RSS

Accusing the UPA government of failing to act firmly against terrorism originating from Pakistan and Naxal threat, RSS chief Mohan Bhagwat has said indecisiveness on these challenges has become a major threat to the nation. The government

India, Pak Foreign Secretaries meet

After a 14-month hiatus, the foreign secretaries of India and Pakistan met in New Delhi on Thursday for structured talks with an aim of ending the chill in the relations caused by Mumbai attacks. Foreign Secretary Nirupama Rao headed the I

Survey gung-ho on economy, rising prices worrying

Enthused by reforms and the strong fundamentals, the Economic Survey on Thursday predicted that India would bounce back to a high nine percent growth in 2011-12 on the way to becoming world`s fastest growing economy in four years. The docu

Finance panel for `calibrated` exit strategy from stimulus

The 13th Finance Commission has asked the government to adopt a "calibrated" strategy for withdrawing stimulus measures provided to spur the economy in the wake of the global economic crisis. Although the Economic Survey has favo

Eco Survey for more stimulus to export sector

The pre-budget Economic Survey, presented in parliament on Thursday, favoured providing further stimulus for the exports sector, arguing that the recovery prospects in global markets are still fragile. It said that despite some impr

Eco Survey sees 8.75 percent growth

Finance Minister Pranab Mukherjee on Thursday tabled the Economic Survey 2009-10 that projects a growth of up to 8.75 percent in 2010-11 and indicates a full recovery from the impact of the global economic slowdown. Highlights of the surve

A panel of 100 to monitor NREGS

The government has decided to involve the civil society in the implementation of the national rural employment guarantee scheme (NREGS). The rural development ministry, which is overseeing the scheme, has put up on

Sahai to expedite mega Food Park Project in northeast

Minister of Food Processing Industries Subodh Kant Sahai has met officials of the special purpose vehicle (SPV) of the North East Mega Food Park, which is setting up the Mega Food Park at Nalbari in Assam, and took stock of the progress of the pro

Sugar a little bit less costly, says govt

People worried about rising sugar prices have some good news from the government, which says the the sweetener is costing a bit less now. The government has said the retail sugar price in Delhi has declined from Rs.47 on January 15 to Rs.4

Census preparations are on

Preparations have started for the Population Census 2011 with the formal notification of the government`s intent to conduct the census with March 1, 2011 as the reference date. Ajay Maken, minister of state in the home ministry, stated thi

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


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