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Basu panel projects cut in subsidies in 12th Plan
A Planning Commission group, headed by chief economic adviser Kaushik Basu, has projected a sharp cut in subsidies in the 12th Plan. Against almost 103 per cent rise in subsidies in the XIth plan (2007-08 to 2011-12), one of the projections of the group scaled down subsidies to a 9.65 per cent rise to Rs 2.18 lakh crore in the concluding year of Plan from Rs 1.99 lakh crore in the first year of the
A Planning Commission group, headed by chief economic adviser Kaushik Basu, has projected a sharp cut in subsidies in the 12th Plan. Against almost 103 per cent rise in subsidies in the XIth plan (2007-08 to 2011-12), one of the projections of the group scaled down subsidies to a 9.65 per cent rise to Rs 2.18 lakh crore in the concluding year of Plan from Rs 1.99 lakh crore in the first year of the
India can finance 3% CAD: Montek
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday said India could sustain a current account deficit (CAD) of three per cent of the gross domestic product (GDP).
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday said India could sustain a current account deficit (CAD) of three per cent of the gross domestic product (GDP).
Touching 54
On the heels of Standard & Poor’s decision to downgrade its India outlook, Morgan Stanley has issued a warning that India is vulnerable to a balance of payments shock. This cannot be a
March industrial output seen slowing further: Reuters Poll
India's industrial output grew at a sharply slower pace in March thanks to a cooling infrastructure sector, a Reuters poll showed, underscoring the wider economic gloom in the country. A survey of
India's industrial output grew at a sharply slower pace in March thanks to a cooling infrastructure sector, a Reuters poll showed, underscoring the wider economic gloom in the country. A survey of
In muddle of Libya's finances, billions go missing
Months after rebels brought down the extravagant dictatorship of Muammar Gaddafi, the disarray in Libya's state finances at the end of last year was so bad the new leadership did not know the size of
Months after rebels brought down the extravagant dictatorship of Muammar Gaddafi, the disarray in Libya's state finances at the end of last year was so bad the new leadership did not know the size of
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