Saturday, Feb 28, 2015

SURABHI

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On previous Budget promises, Centre’s glass is half empty, half full
Fri, Feb 27, 2015

Many announcements from the Budget presented on July 10 have been implemented such as Swachh Bharat, financial inclusion and an expenditure management commission.

Govt to focus on creating skill set-ready workforce for ‘Make in India’ success
Thu, Feb 26, 2015

Under the plan being finalised, the ministry would largely target school drop outs for skilling.

‘There is no serious problem for the Centre on fiscal deficit’
Wed, Feb 25, 2015

The Centre should not have much difficulty in meeting its fiscal consolidation plan as the actual increase in tax devolution to states is only 3 to 4 per cent, said M Govinda Rao.

NDA’s spending push to leverage PSU balance sheets as private spends tepid
Fri, Feb 20, 2015

PSUs asked to hike IEBR projections, could enable Centre walk fiscal tightrope.

FinMin: All Central schemes should adopt DBT from April
Wed, Feb 18, 2015

There are 66 CSS schemes implemented by the Centre and states and more than two dozen Central sector schemes that would now be included under DBT.

Soon, annual survey of services sector to mine more data
Wed, Feb 18, 2015

The exercise was based on the frame using the data of the Economic Census 2005 of the non-manufacturing, non-farm sector.

Centre to review Factories Bill after union consultations
Mon, Feb 16, 2015

The move comes after the Standing Committee in its report suggested a rethink on many of the amendments.

‘GST roll-out by 2016 is too ambitious a target’
Sun, Feb 15, 2015

M Govinda Rao, NIPFP and member, 14th Finance Commission believes that the government needs to cut down wasteful expenditure.

Jan-Dhan accounts get overdraft facility
Sat, Feb 14, 2015

The loan amount would be either four times the average monthly balance or 50 per cent of credit summations in six months.

Achhe din: New GDP series boosts growth, lowers inflation
Thu, Feb 12, 2015

Inflation in manufacturing has tended to be lower than for other sectors.

New factory data method reason for growth spurt
Wed, Feb 11, 2015

The CSO has moved from the ‘establishment’ approach to the ‘enterprise’ approach while collecting manufacturing sector data.

Centre may enhance Sec 80C investment limit by R20-50K
Tue, Feb 10, 2015

Announcement likely in Union Budget if proposal passes muster.

BJP-ruled Goa slams Centre’s move to dilute Factories Act
Mon, Feb 09, 2015

Substitution of hazardous ‘process’ with ‘substance’ faces flak.

Sops may be few, govt’s main priority is revenue collection
Sat, Feb 07, 2015

Arun Jaitley is likely to consider some sectoral tax sops to to boost manufacturing activity.

Unions oppose draft small factories Bill
Sat, Feb 07, 2015

A small factory is proposed to be defined as “any premises wherein a manufacturing process is carried on and which employs less than forty workers.”

‘Budget approach to new GDP series should be a logical, not mechanical exercise’
Wed, Feb 04, 2015

Country’s chief statistician TCA Anant cautions against comparing India’s growth rate with other countries.

Depository receipts: Govt working on greater tax clarity
Wed, Feb 04, 2015

The finance ministry last November announced a liberalised DR scheme that includes new asset classes.

Jan-Dhan deposits exceed R10,000 cr
Tue, Feb 03, 2015

Banks had also issued 10.99 crore RuPay debit cards while 4.12 crore accounts were also Aadhaar seeded.

Spending caps, internal savings hold key to reining in fiscal deficit
Fri, Feb 06, 2015

The Centre’s fiscal deficit overshot its Budget target of Rs 5,31,177 crore by December, 2014.

Economy was not in as bad a shape as thought: Pronab Sen
Sat, Jan 31, 2015

"The higher growth rates points out that economy was not in as bad a shape over the last two years as was thought."

PM seeks progress report on Swachh Bharat
Fri, Jan 30, 2015

Till now, over Rs 55 crore of contributions from the fund have been allocated for construction of toilets in a number of states.

Trade unions plan day-long demonstration, sporadic strikes
Thu, Jan 29, 2015

Another trade union leader said protests planned on Friday may lead to loss of output as “agitated workers are likely to rally against the stake sale

To mobilise $1 billion lending support over couple of years: OPIC
Wed, Jan 28, 2015

US President Barack Obama on Monday announced $1 billion dollar lending support to Indian small and medium enterprises through Overseas Private Investment Corporation.

New disinvestment strategy: Govt to focus on smaller PSUs in FY16
Wed, Jan 28, 2015

Approvals are also in place for initial public offers in Hindustan Aeronautics Ltd and RINL.

Centre to launch quarterly, annual employment surveys
Tue, Jan 27, 2015

The ministry of statistics and programme implementation carried out pilot preiodic labour force surveys between July 2011 and June 2013.

New index for retail inflation to be unveiled next month
Fri, Jan 23, 2015

The first series of the index would be released on February 12 compiling the retail inflation data for January 2015.

PM to unveil Sukanya Samriddhi accounts to incentivise girl child
Thu, Jan 22, 2015

The finance ministry had on Tuesday notified a 9.1 per cent interest rate for the scheme for 2014-15.

New slab-based formula for petroleum subsidy on the anvil
Thu, Jan 22, 2015

Plan expected to take into account declining global crude prices.

Govt eyes R5,000 cr via exchange traded funds of PSUs
Tue, Jan 20, 2015

While no fresh PSUs can be added to the CPSE-ETF basket, official said that efforts are on to make it a more friendly product for retail investors.

Modi’s Gujarat pet project to be a global financial hub
Sat, Jan 17, 2015

The finance ministry and the RBI are understood to be finalising norms for international financial services centre.

RBI surprises, now over to North Block for fiscal consolidation
Fri, Jan 16, 2015

Further scope for interest rate cuts dependent on success in meeting deficit targets.

Govt likely to retain Rs65K cr divestment target in FY16
Thu, Jan 15, 2015

PSUs were given a three-years time to comply with the norms last June.

‘Budget to promote growth, ensure macro-economic stability’
Tue, Jan 13, 2015

Arvind Subramanian said economic dynamism in the medium run would turn to cooperative and competitive federalism between states.

Planning industry-friendly labour laws to boost investments: Gujarat FM
Tue, Jan 13, 2015

Meanwhile, he also expressed hope that the proposed goods and services tax would be rolled out soon.

‘Obstacles to manufacturing should be cleared’
Mon, Jan 12, 2015

Interest rate is an important factor for a pick-up in investments.

First smart city project to get boost at summit
Sun, Jan 11, 2015

Vibrant Gujarat | Dholera will be spread across a 920 sq km area