Cutting the central assistance,a plan outlay of Rs 1,192 crore was allocated to Delhi Government in the Union Budget which is Rs 36 crore less than last year's Rs 1,228 crore.
Mukherjee said the economy has regained its pre-crisis confidence.
Mukherjee,however,promised the Indian economy is expected to grow at an unwavering 9%.
The net revenue of the Indian Railways is likely to grow by 32.93 per cent to Rs 11,993.13 crore in 2011-12 compared to revised estimated income for this fiscal.
With the new Direct Taxes Code slated for April 2012 debut,Budget may well bring the last of the changes to the current Income tax law. Given that,it seems unlikely that Budget would attempt any significant policy shifts on the direct tax front.
Chinese businessmen,who came in large number with their Premier,today overshadowed their Indian counterparts at industry meet with Wen Jiabao here.
India is confronted with the triple challenges of climate change,energy security and economic development with political will and technological prowess.
The India Economic Summit jointly organised by the Confederation of Indian Industry and the World Economic Forum has been one of the significant events in the corporate calendar for a decade and the recently concluded event in Delhi provided rich food for thought as India sees itself through the lens provided by the partnership talk during the recent Obama visit.
In the prior week,annual food and fuel inflation stood at 12.30 pct and 10.67 pct.
In the last six years,India has maintained a steady GDP growth of over 8% barring a slight blip in 2009-10 when growth dropped to 7.2%.
The India-Africa partnership is going to be a defining one in this century," Anand Sharma.
'Public-private partnerships are creating sustainable and scalable business models'
This years India Economic Summit is being held immediately after the historic visit of President Barack Obama. The US Presidents visit has set the stage for the Summit.
If there is a weakness in our society it is in our ability to implement plans. If plans were horses we would have been a heaven on earth by now.
Even as we celebrate Indias positive economic strides,we need to work to overcome the challenges that stand in the way of true,inclusive growth.
Over 700 corporate honchos will assemble here for three days from November 14.
As the Indian economy looks to scale up,its foremost challenge is not the absence of any reform,but tardy implementation of projects at all levels. Slippages on the path to the targets continue to deprive the fast-growing economy of optimal benefits from stepped-up public and corporate funding.
Obama said,Indo-US relationship is going to be one of the defining partnerships of 21st century.
To hammer out a consensus,finance ministers of states are meeting in Goa on Friday and Saturday.
Snapfish is coming out with a slew of cool,unique and personalized products.
The global economic recession has had a variety of fallouts. But the most crucial and direct of these has been the substantial build-up of huge levels of public and private debt.
Giving reprieve to transporters,govt has said it was not the right time to deregulate diesel prices.
India's top taxpayers include Congress' YS Jagan Mohan Reddy,the late-and-much lamented YSR's son.
India seems to be heading for an all-time high trade gap of $135 billion this fiscal.
Even as the government said it will not scale down the April-June quarter GDP growth number of 8.8% released on Tuesday,an internal analysis of the data by government agencies has pinned the discrepancy on the incorrect use of inflation numbers. Minus the mistake in the inflation or deflator,while the GDP at factor cost will stay unchanged,the market price based estimate will climb to near 10%. However,the question marks on the scale of the revival in the economy could mean the Reserve Bank of India will not raise key interest rates anytime soon. Finance minister Pranab Mukherjee told reporters the government will stick to the GDP growth forecast range of 8.50-8.75% for 2010-11,despite the data which showed the demand and supply figures for the economy differing by a wide margin. According to Pronab Sen,former chief statistician,the deflator used to arrive at the production based GDP data is about 12.9%,but the alternative estimate of expenditure-based estimate has used a deflator of 21%,patently wrong. If the two had used the same inflation index,the market price based estimate will climb to 10%, he said.