When the moneybags of Mumbai make a beeline for a nondescript building named as Yojana Bhavan, chatter about what could be the grand plan afoot is inevitable.
The rural development ministry has asked all states to prepare contingency plans and review their estimates of work demand under MNREGA.
Emerging economies, including India, have turned more protectionist as the global financial crisis has worsened, endangering one of the core objectives of the G-20 alliance.
India will have to bolster its public sector savings over the next five years for the nation's savings rate to reach pre-crisis levels.
The approach paper for the 12th five-year plan will spell out the consequences of policy inaction as worries about the economic future of the country rise.
We could not have avoided a slowdown since the whole world slowed down. However, the slowdown has been more severe than was originally thought.
Montek Singh Ahluwalia, deputy chairman of the Planning Commission said the economy should see an upturn in the second half of the current fiscal.
Planning commission approved a plan size of Rs 51,000 crore for Gujarat for 2012-13. The plan size was 34.2% higher than last years allocation at Rs 38,000 crore.
IIFCL should shift its focus to credit enhancement and long-term lending to utilize its resources better instead of competing with banks, Plan Panel said.
Most of the Planning Commission has distanced itself from the review even as there has not been any fervent opposition to setting up the review committee.
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