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An ex-RBI Guv thinks $5-tn goal is 'simply out of question'

The former RBI governor said India needs a 9 percent per annum growth to reaching $5 trillion by 2025.

Harshal Pradhan

Nov 22, 2019, 07.28 AM IST

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HARSHAL PRADHAN

Going for more professionalism in PSUs via equity dilution: Dharmendra Pradhan

The Union Cabinet on Wednesday decided to sell its entire stake in three enterprises and bring down stake below 51 per cent in select PSUs.

IOC, other PSUs not to bid for BPCL, hints Oil Minister Dharmendra Pradhan

The Cabinet on Wednesday decided to sell the government's entire s...

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  • The training in ISDS also covered 33 states and Union Territories of the country, widely covering all sections of the society such as women(71.27%), Scheduled Caste(20.82%), Schedule Tribes (6.9%) and Divyang Jan(0.28%). “Out of the 11.14 lakh persons trained so far, 8.43 lakh persons have been employed,” textiles minister told Rajya Sabha in a written reply.

    "The Steel Scrap Recycling Policy has been notified in the Gazette of India vide No. 354 dated November 7, 2019. The policy provides a framework to facilitate and promote establishment of metal scrapping centers in India for scientific processing and recycling of ferrous scrap generated from various sources and a variety of products," he said during Question Hour.

    So far only around 7 cr farmers have been enrolled in the PK-Kisan scheme against the target of 14 cr and the partnership with CSCs is expected to shore up that number. Farmers can visit nearby CSCs to get enrolled and avail the scheme’s benefit. CSCs have also been given the mandate to make any changes such as address or nominee in previous enrolment.

    India's largest oil firm IOC, which recently commissioned a 5 million tonne liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu, as well as gas utility GAIL have "both technical and financial capability to develop their own LNG terminal," he told the Lok Sabha. The two firms have, however, hired capacity in Adani's under-construction LNG import terminal at Dhamra.

    "His (Rahul Gandhi's) question was listed for the Question Hour and I wanted to give him a chance had he been present," the Speaker, Om Birla, remarked.

    The country produced 110.92 MT of crude steel during the same year, a rise of 7.6 per cent as against 103.13 MT in 2017-18, Minister of Steel said while replying to a question in the Lok Sabha. The minister also said the country exported 6.36 MT of finished steel during 2018-19, registering a fall of 33.9 per cent as compared with 9.62 MT in the previous year.

    Besides, government has envisaged setting up of Indian Institute of Skills with unique features that would make them different from the existing setup of ITIs, Polytechnics, and Advanced Training Institutes (ATIs). The union cabinet has approved the proposal of setting up of IISs at three locations in the country.

    Shah said the government has made a provision to ensure that budget allocations for Ladakh will not lapse in case they are not utilized fully within the fiscal.

    Home Minister Amit Shah launched the supply of 'Special Grade Diesel' in Ladakh, via video conferencing on November 17. Besides Shah, Union ...

    The National Bank for Agriculture and Rural Development (Nabard) raises funds through long term bonds, usually of 10-15 years tenures.

    Oil Minister Dharmendra Pradhan, who is on a two-day visit to the United Arab Emirates, showcased investment opportunities, promising political and fiscal stability, predictable policies and a huge diverse market.

    LIC Housing Finance Ltd has set a target of disbursing Rs 55,000 crore worth loans during the current financial year, a top official said on Saturday.

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