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This is a budget crafted for, and perhaps by, the corporate farmer and agribusiness. The real heroes of India’s success story were our farmers. Through their hard work, they ensured “food security” for the country. — Pranab Mukherjee, interim budget speech Feb. 16, 2009 This Budget belongs to ‘Aam Aadmi’. It belongs to the farmer, the agriculturist, the entrepreneur and [...]
A significant announcement in the budget pertaining to the financial sector is that about setting up a new apex body to strengthen and institutionalise the mechanism for maintaining financial stability. The Financial Stability and Development Council, as it will be called, will monitor macro prudential supervision of the economy, including the functioning of large conglomerates, and address inter-regulatory concerns.
A FIVE member Constitutional Bench of the Supreme Court headed by the Chief Justice of India in a judgement recently asserted that the Supreme Court or a High Court can suo moto ask the CBI to investigate any case irrespective of the permission from the concerned state government. The Supreme Court said for the protection of the democratic rights guaranteed [...]
8th February, 2010 is going to be regarded as a red letter day in the socio-economic history of West Bengal. On this very day Sri Buddhadeb Bhattacharya, chief minister of West Bengal, announced 10% reservation in the field of job for minority Muslims who remain economically, educationally and socially backward. What is the government announcement? Religion cannot be the basis [...]
The primary justification for investment in secondary education lies in its contribution to economic growth and poverty reduction. Most of the economic and employment growth over the past ten years in India has taken place in skilled services (information technology, financial services, telecommunications, tourism and retail) and skill-intensive manufacturing, all of which require, at a minimum, a secondary education degree. [...]
India and Saudi Arabia finalized 10 pacts, including an Extradition Treaty and agreements in the economic sphere for signing during Prime Minister Manmohan Singh’s ongoing visit to this oil-rich country. Addressing the influential Council of Saudi Chambers of Commerce and Industry, Dr Singh invited entrepreneurs from the oil-rich Kingdom to explore investment opportunities in India in construction, manufacturing, pharmaceuticals, health, [...]
India’s ties with the Arab world go back several millennia. While we recall our historic ties with great pride, we do recognize that relationships have to be constantly nourished and revitalized so that they respond to new realities and aspirations. India and the Arab world are witnessing a rapid modernization of their societies and economies. The India of today is [...]
Keeping in view the development of relations between the two countries, and the potential for their further growth, the two leaders, King Abdullah bin Abdulaziz Al Saud, the Prime Minister of the India, Dr. Manmohan Singh decided to raise their cooperation to a strategic partnership covering security, economic, defence and political areas. Both leaders emphasized the importance of developing a [...]
I. National Institute of Unani Medicine (NIUM) In order to promote the formal study of Unani system of medicine the Government of India has set up the National Institute of Unani Medicine (NIUM) at Bangalore in the year 1984. NIUM has a strength of 74 PG students. In addition to the 5 PG courses currently being offered it plans to [...]
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