Finance Minister P Chidambaram on Thursday announced a sharp increase of Rs 1.25 lakh crore in agriculture credit target to Rs 7 lakh crore for next fiscal and allocated additional Rs 10,000 crore in subsidy for implementing the Food Security Bill
Our running commentary on Budget 2013-14 on Twitter @governancenow Nirbhaya fund a good marketing gimmick Banking thru`post-offices: a brilliant idea New c
LSE scholar Manisha Priyam speaks on budget: The budget only confirms doom’s day picture for the country in saying that the growth figures will be less than the CSO and RBI estimates. The government in surely s
Current year`s economic growth rate will be below India`s potential growth rate of 8 per cent: Finance Minister P Chidambaram. Average economic growth rate in 11th Plan period is 8 per cent, highest ever in any Plan period: FM.
Finance minister P Chidambaram will begin the day with a visit to president Pranab Mukherjee to seek his permission to present the union budget 2013 in parliament. This is a customary protocol as the president is the final authority on consolidate
On Sunday, Rakesh Kumar, a farmer from Sohdih village in Biharsharif block of Nalanda district, was on seventh heaven. Scientists from Krishi Vigyan Kendra at Harnaut and Horticulture College of Noorsarai, who supervised the harvest of potato on h
Governance Now is a believer in the idea of India. Like a billion of us, the ideals of your young magazine+website sit on the foundations of a strong nation. It thus required courage to raise a fundamental question about the #IndiaS
The eco survey 2012-13 has an interesting space reserved for explaining government`s somewhat unpopular moves to restrict cheap access to domestic cylinders and gold as a means to investment. A graph in chapter one of the survey (se
In the run-up to the board examinations, the Central Board for Secondary Education (CBSE) has advised students to prepare in an organised manner and discouraged them from referring to new textbooks to avoid last minute anxiety. In a bid to
Sometimes Mamata Banerjee does manage to surprise her supporters and critics alike, perhaps even managing to surprise herself in the process, when she keeps herself in check. A relative check, mind you, for a complete check on Mamata the motormout
Easy money policy of major developed and developing nations could aggravate inflationary expectations in India, cautioned Economic Survey for 2012-13. "The positive effect of continuous policy easing by the major advanced and developi
Amid debate over imposing higher taxes on super-rich, the Economic Survey today said efforts should be made to raise revenue by widening tax base and not by increasing the rates. "It is much better to achieve a higher tax-GDP ratio by
Even as Finance Minister pulls out all the stops to narrow high fiscal deficit, the subsidy bill will overshoot the target of Rs 1.79 lakh crore in this financial year due to higher crude oil prices. A day before Finance Minister P Chidamb
Government has no plan to reduce the age of juveniles under the Juvenile Justice Act, Women and Child Development Minister Krishna Tirath informed the Rajya Sabha on Wednesday. Replying to a question on suggestions for amending the Act, sh
With agriculture growth rate falling short of the 4 per cent target in last five years, the sector needs urgent reforms to boost crop yields and private investment in infrastructure so as to motivate farmers and feed the growing population, the Ec
Claiming that the "downturn is more or less over", the pre-Budget Economic Survey today projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP gr
The economic survey 2012-13 has an indelible imprint of the MIT-educated economic advisor to the finance minister, Raghuram Govind Rajan. For the first time for the economic survey, there are 38 brief bios attached, talking, about those si
Indian economy is likely to grow between 6.1% to 6.7% in 2013-14 as the downturn is more or less over and the economy is looking up. Following the slowdown induced by the global financial crisis in 2008-09, the Indian economy responded stron
I have a question and an important one. Every question has a story behind it, so here it is before I come back to my question. On the west coast of our country by the Arabian Sea lies Kochi, a calm and breathtakingly beautiful place. This
Booking railway tickets from the IRCTC website is rarely a happy experience for passengers. They must have been somewhat relieved when Pawan Kumar Bansal in his railway budget speech promised to reform the ticketing system. It was for the first ti
