Mamata Presents TOO GOOD Bengali Railway Budget to be True as Economic survey Projects false Agriculture Grwoth of 3.4 Percent as LAND Aquisition and Kill Environment Drives Emphasised! Economic Survey 2011 for more reforms, faster government clearance!More Disaster! More Displacement! More Ethnic Cleansing! More EXCLUSION!Streamlining environment clearance for infrastructure projects, early introduction of Good and Service Tax and second Green Revolution are among the over a dozen reforms outlined by Economic Survey 2010-11 for accelerating economic growth.
Indian Holocaust My Father`s Life and Time -FIVE HUNDRED NINETY Four
Palash Biswas
http://indianholocaustmyfatherslifeandtime.blogspot.com/
http://basantipurtimes.blogspot.com/
Economic Survey 2011 for more reforms, faster government clearance!More Disaster! More Displacement! More Ethnic Cleansing! More EXCLUSION!Streamlining environment clearance for infrastructure projects, early introduction of Good and Service Tax and second Green Revolution are among the over a dozen reforms outlined by Economic Survey 2010-11 for accelerating economic growth.
Mamata Presents TOO GOOD Bengali Railway Budget to be True as Economic survey Projects false Agriculture Grwoth of 3.4 Percent as LAND Aquisition and Kill Environment Drives Emphasised! Railways Minister Mamata Banerjee's rail budget today received mixed response from India Inc , which hailed announcements on PPP projects but expressed disappointment at not enough being done for safety and hygiene.
Budget presentations can be dry affairs with ministers poring into papers in front of them and rarely looking up as they reel out figures. Not so with Mamata Banerjee , who departed from the text frequently to address the house, admonish and even recited an Urdu couplet during the rail budget on Friday.
Breaking into heavily accented Hindi off and on, Banerjee was the picture of confidence as she presented her third rail budget.
"Hum aah bhi bharte hain toh ho jaate hai badnaam; woh qatl bhi karte hain to charcha nahin hota," Banerjee said towards the beginning of the presentation. The reference was to the flak that employees of the railways get everytime something goes wrong, ignoring all the good work that is done.
She looked up frequently from the papers in front of her, getting angry and cajoling in turn as she asked the members to listen on patiently. The minister had clearly read the reams of papers well before coming to the house.
For the third successive year, the Railway Budget for 2011-12 spared the passengers of any increase in fares and proposed no hike in freight rates while introducing 56 new trains, including nine non-stop Duronto trains and three Shatabdis.
Projecting a nine per cent GDP growth for 2011-12, the Economic Survey, tabled by Finance Minister Pranab Mukherjee in Parliament, has suggested a Reform Agenda for the government to achieve the targets.
The survey has also expressed concern over project delays due to tussle between various ministries like coal and power, where the Ministry of Environment and Forest has raised certain issues.
It suggested an "urgent need to streamline land acquisition and environment clearance for infrastructure projects".
The survey called for creation of a National Forest Land Bank with clear paper work and title to reduce approval time for forest clearance.
While recognising the contribution of agriculture sector in the overall development, especially to check food inflation, the Survey has asked the government to work for a 'second Green Revolution' with technological break-through in the sector.
The agriculture growth is expected to be 5.4 per cent for the current financial year as against just 0.4 per cent in the previous fiscal.
A second Green Revolution could help the farming community to devise ways to reduce dependence on monsoon, it said.
"Prioritisation of targeted development of rainfed area and effective marketing links be ensured for better returns to the farmers," it said.
One of the major tax reforms GST , which will combine the state and central taxes, could not be taken up amid differences between the Centre and States, particularly ruled by BJP.
Besides, there is need to explore avenues for increasing investment in infrastructure through Public Private Partnerships and occasionally exclusive private investment wherever possible, the Survey said.
Huge capacity addition in infrastructure should be planned and executed in a time bound manner, the Survey suggested and called for better convergence of the schemes to "avoid duplications and leakage and to ensure benefits reach to the targeted groups.
Industry body FICCI said it is encouraged by the announcements of expansion of public-private-partnership (PPP) projects in manufacturing and fruitification of public sector undertakings.
"These will give a fillip to and saving resources of the railways for more strategic uses," it said.
Ficci said that for the first time the focus of the budget has been towards the development of Jammu and Kashmir and North-East region.
"This will go a long way towards regeneration of these areas that have been among the most excluded regions of the nation hitherto," the chamber said.
However, Assocham said "authorities should do more in future to improve safety and hygiene for the passengers".
It said that in the rail budget, there is no clarity on how resources will be mobilised for network expansion and building new coach and locomotive factories.
ASSOCHAM said that more attention has been paid towards welfare aspects covering larger sections of the society rather than improving efficiency levels.
"The railway budget in nutshell has much less to offer to the business sector as its focus is more on welfare of the public and employees," Assocham President Dilip Modi said.
Presenting her third budget in UPA-II in the Lok Sabha, Railway Minister Mamata Banerjee announced a slew of concessions including reducing the eligibility age of senior women citizens from 60 to 58 years and the fare concession for men above 60 from 30 to 40 per cent.
Apparently with an eye on the coming assembly polls in West Bengal, where she is projected as the Chief Minister candidate of Congress-Trinamool combine, she came out with a number of projects for the state, including a metro coach factory in Singur, Rail Industrial Park in Jelligham, an integrated suburban network for Kolkata and 34 new services for the Kolkata metro.
Her announcements for the state evoked protests from members including those from Bihar, UP and Kerala, but she appealed to them to be patient for her other announcements.
The Minister also extended the concession for physically- challenged persons and Kirti and Shaurya Chakra awardees to travel in Rajdhani and Shatabdi trains, besides extending facility of card passes to parents of unmarried posthumous Paramvir Chakra and Ashok Chakra gallantry award winners.
She also proposed to induct 16,000 ex-servicemen in the Railways by March.
The budget proposes the highest-ever plan outlay of Rs 57,630 crore for 2011-12. The gross budgetary support has been projected at Rs 20,000 crore, diesel cess Rs 1,041 crore, internal resources Rs 14,219 crore and market borrowing at Rs 20,954 crore.
The budget estimates for 2011-12 projects a freight loading of 993 million tonnes and a passenger growth of 6.4 per cent.
Gross traffic receipts has been estimated at Rs 1,06,239 crore, exceeding the Rs one lakh crore mark for the first time, despite pressure on finances on account of Pay Commission payout.
Ordinary working expenses have been assessed at Rs 73,650 crore and appropriation to depreciation reserve fund pegged at Rs 7,000 crore.
Provision of Rs 6,735 crore has been made for dividend payment and the excess for Railways for the new fiscal has been projected at Rs 5,258 crore, with an operating ratio of 98.1 per cent.
On the financial performance for the current year, the budget disclosed that disruption of train movement resulted in a loss of Rs 1,500 crore and Rs 2,000 crore due to the ban on export of iron ore.
Loading target was reduced by 20 million tonnes (MT) to 924 MT.
Gross traffic receipts have been fixed at Rs 94,840 crore, which is higher by Rs 75 crore over budget estimates.
The ordinary working expenses has been fixed at Rs 67,000 crore, an increase of Rs 2,000 crore over BE and the current dividend liability to be fully discharged.
The next year's budget provides Rs 9,583 crore for new lines. A target of 1,300 kms of new lines, 867 kms of doubling of lines and 1,017 kms of guage conversion has been targeted in the new fiscal.
Pranab loses cool, Lok Sabha adjourned for 5 minutes
Finance Minister Pranab Mukherjee shouted at, but later apologised to opposition members in the Lok Sabha on Friday when some of them interrupted him while he was replying to a question on black money stashed by Indians in foreign banks. A ruckus followed, prompting Speaker Meira Kumar to briefly adjourn the house.
"Don't interrupt me," a grim-faced Mukherjee shouted repeatedly at opposition MPs.
He was replying to a question on the black money issue and said Hasan Ali, who is alleged to have stashed away a huge amount of money in foreign banks, has not been allowed to leave the country as per the Supreme Court directions.
"There is a law of the land (to follow)," the finance minister said loudly prompting some MPs to troop into the speaker's podium in protest.
Amid the ruckus, Meira Kumar adjourned the house for about five minutes.
When MPs reassembled, Mukherjee apologised to the house saying he was provoked to speak loudly and didn't mean to offend anybody.
Indian Holocaust My Father`s Life and Time -FIVE HUNDRED NINETY Four
Palash Biswas
http://indianholocaustmyfatherslifeandtime.blogspot.com/
http://basantipurtimes.blogspot.com/
Economic Survey 2011 for more reforms, faster government clearance!More Disaster! More Displacement! More Ethnic Cleansing! More EXCLUSION!Streamlining environment clearance for infrastructure projects, early introduction of Good and Service Tax and second Green Revolution are among the over a dozen reforms outlined by Economic Survey 2010-11 for accelerating economic growth.
Mamata Presents TOO GOOD Bengali Railway Budget to be True as Economic survey Projects false Agriculture Grwoth of 3.4 Percent as LAND Aquisition and Kill Environment Drives Emphasised! Railways Minister Mamata Banerjee's rail budget today received mixed response from India Inc , which hailed announcements on PPP projects but expressed disappointment at not enough being done for safety and hygiene.
Budget presentations can be dry affairs with ministers poring into papers in front of them and rarely looking up as they reel out figures. Not so with Mamata Banerjee , who departed from the text frequently to address the house, admonish and even recited an Urdu couplet during the rail budget on Friday.
Breaking into heavily accented Hindi off and on, Banerjee was the picture of confidence as she presented her third rail budget.
"Hum aah bhi bharte hain toh ho jaate hai badnaam; woh qatl bhi karte hain to charcha nahin hota," Banerjee said towards the beginning of the presentation. The reference was to the flak that employees of the railways get everytime something goes wrong, ignoring all the good work that is done.
She looked up frequently from the papers in front of her, getting angry and cajoling in turn as she asked the members to listen on patiently. The minister had clearly read the reams of papers well before coming to the house.
For the third successive year, the Railway Budget for 2011-12 spared the passengers of any increase in fares and proposed no hike in freight rates while introducing 56 new trains, including nine non-stop Duronto trains and three Shatabdis.
Projecting a nine per cent GDP growth for 2011-12, the Economic Survey, tabled by Finance Minister Pranab Mukherjee in Parliament, has suggested a Reform Agenda for the government to achieve the targets.
The survey has also expressed concern over project delays due to tussle between various ministries like coal and power, where the Ministry of Environment and Forest has raised certain issues.
It suggested an "urgent need to streamline land acquisition and environment clearance for infrastructure projects".
The survey called for creation of a National Forest Land Bank with clear paper work and title to reduce approval time for forest clearance.
While recognising the contribution of agriculture sector in the overall development, especially to check food inflation, the Survey has asked the government to work for a 'second Green Revolution' with technological break-through in the sector.
The agriculture growth is expected to be 5.4 per cent for the current financial year as against just 0.4 per cent in the previous fiscal.
A second Green Revolution could help the farming community to devise ways to reduce dependence on monsoon, it said.
"Prioritisation of targeted development of rainfed area and effective marketing links be ensured for better returns to the farmers," it said.
One of the major tax reforms GST , which will combine the state and central taxes, could not be taken up amid differences between the Centre and States, particularly ruled by BJP.
Besides, there is need to explore avenues for increasing investment in infrastructure through Public Private Partnerships and occasionally exclusive private investment wherever possible, the Survey said.
Huge capacity addition in infrastructure should be planned and executed in a time bound manner, the Survey suggested and called for better convergence of the schemes to "avoid duplications and leakage and to ensure benefits reach to the targeted groups.
Industry body FICCI said it is encouraged by the announcements of expansion of public-private-partnership (PPP) projects in manufacturing and fruitification of public sector undertakings.
"These will give a fillip to and saving resources of the railways for more strategic uses," it said.
Ficci said that for the first time the focus of the budget has been towards the development of Jammu and Kashmir and North-East region.
"This will go a long way towards regeneration of these areas that have been among the most excluded regions of the nation hitherto," the chamber said.
However, Assocham said "authorities should do more in future to improve safety and hygiene for the passengers".
It said that in the rail budget, there is no clarity on how resources will be mobilised for network expansion and building new coach and locomotive factories.
ASSOCHAM said that more attention has been paid towards welfare aspects covering larger sections of the society rather than improving efficiency levels.
"The railway budget in nutshell has much less to offer to the business sector as its focus is more on welfare of the public and employees," Assocham President Dilip Modi said.
Presenting her third budget in UPA-II in the Lok Sabha, Railway Minister Mamata Banerjee announced a slew of concessions including reducing the eligibility age of senior women citizens from 60 to 58 years and the fare concession for men above 60 from 30 to 40 per cent.
Apparently with an eye on the coming assembly polls in West Bengal, where she is projected as the Chief Minister candidate of Congress-Trinamool combine, she came out with a number of projects for the state, including a metro coach factory in Singur, Rail Industrial Park in Jelligham, an integrated suburban network for Kolkata and 34 new services for the Kolkata metro.
Her announcements for the state evoked protests from members including those from Bihar, UP and Kerala, but she appealed to them to be patient for her other announcements.
The Minister also extended the concession for physically- challenged persons and Kirti and Shaurya Chakra awardees to travel in Rajdhani and Shatabdi trains, besides extending facility of card passes to parents of unmarried posthumous Paramvir Chakra and Ashok Chakra gallantry award winners.
She also proposed to induct 16,000 ex-servicemen in the Railways by March.
The budget proposes the highest-ever plan outlay of Rs 57,630 crore for 2011-12. The gross budgetary support has been projected at Rs 20,000 crore, diesel cess Rs 1,041 crore, internal resources Rs 14,219 crore and market borrowing at Rs 20,954 crore.
The budget estimates for 2011-12 projects a freight loading of 993 million tonnes and a passenger growth of 6.4 per cent.
Gross traffic receipts has been estimated at Rs 1,06,239 crore, exceeding the Rs one lakh crore mark for the first time, despite pressure on finances on account of Pay Commission payout.
Ordinary working expenses have been assessed at Rs 73,650 crore and appropriation to depreciation reserve fund pegged at Rs 7,000 crore.
Provision of Rs 6,735 crore has been made for dividend payment and the excess for Railways for the new fiscal has been projected at Rs 5,258 crore, with an operating ratio of 98.1 per cent.
On the financial performance for the current year, the budget disclosed that disruption of train movement resulted in a loss of Rs 1,500 crore and Rs 2,000 crore due to the ban on export of iron ore.
Loading target was reduced by 20 million tonnes (MT) to 924 MT.
Gross traffic receipts have been fixed at Rs 94,840 crore, which is higher by Rs 75 crore over budget estimates.
The ordinary working expenses has been fixed at Rs 67,000 crore, an increase of Rs 2,000 crore over BE and the current dividend liability to be fully discharged.
The next year's budget provides Rs 9,583 crore for new lines. A target of 1,300 kms of new lines, 867 kms of doubling of lines and 1,017 kms of guage conversion has been targeted in the new fiscal.
Pranab loses cool, Lok Sabha adjourned for 5 minutes
Finance Minister Pranab Mukherjee shouted at, but later apologised to opposition members in the Lok Sabha on Friday when some of them interrupted him while he was replying to a question on black money stashed by Indians in foreign banks. A ruckus followed, prompting Speaker Meira Kumar to briefly adjourn the house.
"Don't interrupt me," a grim-faced Mukherjee shouted repeatedly at opposition MPs.
He was replying to a question on the black money issue and said Hasan Ali, who is alleged to have stashed away a huge amount of money in foreign banks, has not been allowed to leave the country as per the Supreme Court directions.
"There is a law of the land (to follow)," the finance minister said loudly prompting some MPs to troop into the speaker's podium in protest.
Amid the ruckus, Meira Kumar adjourned the house for about five minutes.
When MPs reassembled, Mukherjee apologised to the house saying he was provoked to speak loudly and didn't mean to offend anybody.
ebruary 25,2011
Railway Budget-Only A Wish List To Serve Political Agenda
New Delhi, February 25: This year's Railway Budget is clearly a wish-list presented by the Railway Minister of UPA-II Government. This is specifically so, for the new projects and industries announced by the Minister. All...»
February 25,2011
Indian Railways on a Ruinous Path
The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement: The CPI (M) considers the Railway Budget presented in parliament today as a fraudulent exercise aimed at window dressing the...»
February 25,2011
Agriculture at 'crossroads': Economic Survey
Observing that Indian agriculture is at a "crossroads", the Economic Survey on Friday called for a Second Green Revolution with newer technological breakthroughs and higher investment in the sector, even while projecting 5.4...»
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- 25 February 2011 Last updated at 18:03 GMT
Libya unrest: Eyewitness accounts
Anti-government protesters in Tripoli have come under heavy gunfire, latest reports from the Libyan capital say.
Meanwhile, Libyan TV has shown pictures of Colonel Gaddafi addressing a large crowd in Tripoli's Green Square.
Two Tripoli residents, who wish to remain anonymous, describe the dramatic events in their city.
Souq al-Jomaa district near Green Square
Protesters have gained control of cities in eastern parts of the countryWe went to prayers as it's Friday. As we were praying, the shooting started. People went out and they were shooting at them.
Many of my neighbours died today. My brother was hit by a bullet in his leg. The situation here is horrible. There are helicopters. The sky is raining with bullets.
People are just horrified. Gaddafi's supporters carrying heavy arms don't want the people to gather. They were just coming out in a crowd. They caused a massacre.
They started even shooting at whoever wanted to check what happened to the injured people. These people are not armed, they just came out from the mosque. They were just praying.
It was unbelievable. I had to run away.
We were trying to help a man and stop his bleeding. He was talking - he was OK. There are people lying on the street.
Nobody could take them. They were using ambulances to shoot at people - can you believe it? They were using anti-aircraft weapons. They were shooting continuously.
You'd think you are in a war zone. This is a civil area. People are not armed.
I am so shocked, about what happened today. The whole neighbourhood is terrified. They are shooting at civilians, just so that one person can stay in power. This is unbelievable.
Zawyet al Dahmani district
Many people are being killed right now in Tripoli - I just got a few phone calls from friends who witnessed people going out of mosques being shot at. I know one of the killed people - I was speaking to a friend, her brother-in-law got killed, I could hear screams. This is happening in an area called Zawyet al dahmani.
Earlier I heard that around 500 protesters gathered in one part of Tripoli but they have directly been faced by a group of people who were not wearing army uniform and who were holding rifles and trying to stop the protest.
Also there was high security around all the mosques today because of the Friday prayers. I was speaking to someone I know earlier, who was telling me that a mosque in downtown Tripoli was surrounded by army cars and they heard gunshots outside.
I am scared to leave the house. I was planning to visit my parents, but they called me and told me not to go out because there's heavy security on the main roads, stopping cars for checks.
We haven't left the house for six days, apart from going out to buy bread.
Now that they've opened Tripoli to the international media, they've made sure they cleaned everything up. I went out in the car and I saw messages on the walls, streets destroyed, bullet holes, blood...
Yesterday when I went out again, it looked like a completely different city. Everything was cleaned up so that Gaddafi's people can say: Look, nothing has happened, everything is fine.
It's very frustrating for me, I don't want the world to fall for this lie.
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Economic Times - 6 hours agoRANCHI: The opposition Congress on Friday expressed happiness over the Railway Budgetfulfilling a long-standing demand of Jharkhand for a new train from ...Only 1 train for state - Times of India
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Railway Budget 2011: Mamata recites Lata's song
Economic Times - 8 hours agoAs Banerjee, wearing a white coloured sari with green border, announced sops for the defence personnel in her third rail budget, Meira Kumar gently reminded ... -
Railway Budget 2011: Proposals welcome; disappointed with no train ...
Economic Times - 6 hours agoCOIMBATORE: Generally welcoming the Railway budget proposals, Tirupur Exporters' Association (TEA) on Friday expressed disappointment over non introduction ... -
Railway Budget 2011: Industry hoping for implementation of rail ...
Economic Times - 12 hours agoKOLKATA: On the eve of the railway budget, the industry was Thursday hoping the budget will see fast implementation of projects, reduction in freight of ... -
Delhiites welcome rail budget, Mumbaikars unsatisfied
Sify - 3 hours agoNew Delhi, Feb 25 (IANS) The railway budget 2011-12 got mixed reactions from the two major metros, New Delhi and Mumbai, while Kolkata welcomed it. ...Railway budget draws mix reactions from Mumbai commuters - IBNLive.com
Railway Budget draws mix reactions from Mumbai commuters - Business Standard
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Mamata's populist budget
Mamata Banerjee's third Railway budget in UPA-II contains few surprises: full of populist symbolism and sops but weak in substance. She made it clear to Parliament that the Indian Railways was passing through a very difficult phase financially but has failed to come up with any credible solution. With elections to the West Bengal Assembly round the corner, there was no question of the leader of the anti-Left coalition altering the fare structure. As the freight rates were raised a couple of months ago, she has left them untouched. Nevertheless, she proposed an increase in the annual plan outlay, from just over Rs.40,000 crore in the current year to Rs.57,630 crore in 2011-2012. This would involve a market borrowing of Rs.20,000 crore. The opposition, especially the Left parties and Ms Banarjee's predecessor in the Railway Ministry, Lalu Prasad, were quick to point out that the implementation record of the Railway Minister has left a lot to be desired. The truth is that most of the projects she announced in the last budget and a number of others under execution have failed to get the budgetary support necessary for early completion. Ms Banerjee's response to her critics is the proposal to set up a Central Organisation for Project Implementation, with four regional offices, to keep a tab on progress.
Making no bones about her preference for her home State, Ms Banerjee announced a metro coach factory in Singur and a Rail Industrial Park in Nandhigram district — two areas where her party, the Trinamool Congress, launched violent agitations, allying with extremists, to prevent major private industries from coming up. In addition, the Kolkata Metro is set for expansion and more services. In keeping with recent trends, Ms Banerjee has lowered the eligibility age for women from 60 to 58 years to avail themselves of the fare concession for senior citizens, besides increasing the concession rate from 30 per cent to 40 per cent for both men and women. A special package is on the anvil for the North Eastern region, with a mission to connect all these States except Sikkim in seven years. The proposal to develop an integrated suburban railway network for Mumbai, Kolkata, Chennai, Hyderabad, and Ahmedabad is welcome. The really worrying aspect is the worsening operating ratio — which indicates how much the Railways spend to earn Rs.100 — to 92.1. For the Railways to be considered healthy enough, this figure should be in the 70s. If Nitish Kumar laid the foundation for the turnaround of the Railways, Mr. Lalu Prasad presided over the best years. What can Ms Banerjee claim at the end of the day?
Keywords: Mamata Banerjee, Railway budget 2011, UPA-II
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Moneycontrol.comMamata's populist budget
18 minutes agoMamata Banerjee's third Railway budget in UPA-II contains few surprises: full of populist symbolism and sops but weak in substance. ...The Hindu - 928 related articles- Realtime updates for mamata banerjee (9)
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Mamata Banerjee - Wikipedia, the free encyclopedia
Mamata Banerjee is the leader of the Trinamool Congress and Leader of the Opposition in the state of West Bengal. She is the founder and chairperson of the ...
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Mamata Banerjee: Latest News, Videos, Photos
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Kum. Mamata Banerjee - Members of Parliament (Lok Sabha) - Who's ...
Mamata Banerjee. Constituency from which I am elected, Kolkata Dakshin. State from which I am elected, West Bengal. Political party name, All India ...
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25 Feb 2011 ... The latest news on Mamata Banerjee, from thousands of sources worldwide. High-quality photos, articles, blog posts, quotes, and more.
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Mamata Banerjee has asked for mediclaim policy for sex workers and their ...
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Mamata Banerjee: Close To The Hot Seat
1 Jan 2011 ... The Bengal firebrand might end up ruling the state.
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Railway Budget: Mamta Banerjee eyes 'common people' - Reuters -
25 Feb 2011 ... Railways Minister Mamata Banerjee vowed to support the common people as she unveiled her third annual budget on Friday that promised to ...
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Mamata Banerjee unveils populist railway budget, ducks reform ...
5 posts - 4 authors - Last post: 10 hours agoNEW DELHI (Reuters) - The railways minister unveiled a populist budget on Friday that froze both passenger and freight fares, ...
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Railway Budget: Passengers spared hike in fares for third year
PTI
Mamata announced slew of concessions, reducing eligibility age of senior women citizens from 60 to 58 years and fare concession for men above 60 from 30 to 40%.Railway Budget: 9 Durontos, 3 Shatabdis, double decker AC trains announced
PTI
New Shatabdi Express would link Pune-Secunderabad, Jaipur-Agra and Ludhiana-Delhi while the AC double-decker services are proposed on Jaipur-Delhi and Ahmedabad-Mumbai routes.Railway Budget: What has it brought for the common man
4 Hours ago AGENCIES
Inflation-hit India was spared an across-the-board increase in passenger fares by the railways. 56 new trains to be launched in FY-12.India moves to fifth rank in government economic power list
PTI
According to IGEP 2009, US was at the top of the list, followed by China, Japan, Germany, India, Russia, Brazil, France, Italy and UK.Economic Survey fears European debt crisis could hit Indian economy
PTI
Fragile global recovery and robust domestic growth have led to higher current account deficit in 2009-10 and 2010-11 (April-September).Nod for IIT Kanpur's project SIMRAN in rail budget
Satellite Imaging For Rail Navigation (SIMRAN) project would help passengers locate their train on the net or on their mobile phones.
Satellite Imaging For Rail Navigation (SIMRAN) project would help passengers locate their train on the net or on their mobile phones.
- Railways net revenue pegged at Rs 11,993.13 cr
- Nitish expresses disappointment with rail budget
- Railway budget ignored Himachal: Dhumal
- 'Rail Budget 2011 hugely disappointing for Orissa'
- Mamata's rly measures to boost Bengal economy
- Corporates cheer decision not to hike freight rates
- Banerjee puts railway stations in makeover mode
- Railways up cargo revenue target by 10%
- Funds remain main worry for expanding network
IT sector must overcome challenges: Survey
The industry grew by an estimated 19.5 per cent in 2010-11 compared to the moderate growth of 6.2 per cent in 2009-10.
The industry grew by an estimated 19.5 per cent in 2010-11 compared to the moderate growth of 6.2 per cent in 2009-10.
- Over 52% infra projects behind schedule: Survey
- Green policy should not slow growth: Survey
- Economic survey glossed over risk factors: Ind
- Tea, coffee production to rise: Survey
- Economic Survey predicts higher inflation
- Survey calls for privatisation of govt-run SEZs
- India must invest to boost farm yield, growth
- Economic Survey has done a good job: FM
- Survey: Real estate sector needs reforms
Railway Budget favours Maharashtra, says Chavan
There was no fare-hike. Besides, there was announcement of housing scheme for people living by the railway tracks, which will benefit many in Mumbai, Chavan pointed out.
There was no fare-hike. Besides, there was announcement of housing scheme for people living by the railway tracks, which will benefit many in Mumbai, Chavan pointed out.
Food inflation at 11.49% y/y on Feb 12: Govt
India's food price index rose 11.49% and the fuel price index climbed 12.14% in the year to Feb 12, government data on Thursday showed.
India's food price index rose 11.49% and the fuel price index climbed 12.14% in the year to Feb 12, government data on Thursday showed.
Global markets recover as crude oil prices stabilize
1 Hour ago AP
The knock-on effect on stocks has been positive as investors breathe a sigh of relief that the recent sharp rise in oil prices has come to a halt. Infrastructure shares up on sops in economic survey
IVRCL Infrastructures & Projects, GMR Infrastructure and Punj Lloyd rose following tabling of economic survey and the railway budget in parliament.
IVRCL Infrastructures & Projects, GMR Infrastructure and Punj Lloyd rose following tabling of economic survey and the railway budget in parliament.
FIIs invested Rs 1.12 lk cr in Indian mkt in 2010
Indian equities were a favourite bet for foreign funds in 2010, with overseas investors infusing over Rs 1.12 lakh crore during the year.
Indian equities were a favourite bet for foreign funds in 2010, with overseas investors infusing over Rs 1.12 lakh crore during the year.
Power Stocks
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Rail Budget: Scope to speculate outcome of plans
Vishwas Udgirkar
Deloitte India (Transport), Senior Director
Very important for the Union Budget to deliver
Prashant Sharma
Max New York Life Insurance, Chief Investment Officer
More money needed for equity infusion in select PSBs
Rajiv Kumar Bakshi
Bank of Baroda, Executive Director
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Survey favours banking licences for industrial houses02:30 PM, 25-Feb-11, PTIEntities like Reliance Capital, IndiaBulls, Religare, IL&FS, IDFC, IFCI and Aditya Birla Financial Services are reported to be mulling entering the banking space.
Key people who will shape the Budget with Pranab
FM has relied on a team of experienced hands for finalising a Budget that will address a tide of economic woes.
FM has relied on a team of experienced hands for finalising a Budget that will address a tide of economic woes.
Budget 2010 neither populist nor radical: Swaminathan Aiyar
Budget 2010 assumed that the global economy will not slow down and India's inflation would be around 9%. Pranab avoided any significant reforms.
Budget 2010 assumed that the global economy will not slow down and India's inflation would be around 9%. Pranab avoided any significant reforms.
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