Education Scholarships

Direct link to the various education scholarships offered by the Government of India

List of Private NGOs offering education scholarships

Ummid Assistant

Application form for OBC Certificate (Urdu)

Application form for Domicile Certificate (Urdu)

Admission at MANUU

Welcome Guest! You are here: Home » Business

India can not go on a reverse growth path: Pranab 

Saturday, September 11, 2010 09:47:04 PM, IANS

Related Articles

India's economy grows by 8.8 percent in April-June quarter

The Indian economy grew at a faster rate of 8.8 percent in the first quarter of current fiscal as strong domestic demand resulted in a spurt of manufacturing activity, official data released Tuesday  »

Indian economy moving fast towards $ 2 trillion mark

Kolkata: Expressing concern over the rising food prices, union Finance Minister Pranab Mukherjee Saturday said the Reserve Bank of India (RBI) will take appropriate measures but asserted that the country could not go on a "reverse growth path".

"Inflation is a concern. I am concerned that prices are increasing," Mukherjee said here while addressing the 189th annual general meeting (AGM) of the Calcutta Chamber of Commerce.

"As suggested, the RBI will take appropriate measures as and when needed. But at the same time, I cannot go on a reverse growth path," Mukherjee said.

The finance minister said the economy was likely to grow between 8.5-8.75 percent in the 2010-11 fiscal.

"The growth in the first quarter of 2010-11 was 8.8 (percent). But I am a bit conservative. So I am sticking to my previous projections of 8.5-8.75 percent growth," he said.

Mukherjee said it was the "constitutional duty" of the state governments to strengthen the public distribution system (PDS) as far as catering to the below poverty line (BPL) families was concerned.

"It is the constitutional duty of the states who should not always pass the blame for the shortfalls in the PDS to the central government," he said.

Mukherjee iterated that he was opposed to multiplicity of taxes, but said political consensus was needed for enforcing the goods and service tax (GST).

He said there was a consensus on many aspects of the GST, but unanimity was needed as getting the needed two-thirds majority in both houses of parliament for ratifying the GST was not an easy task.

 

 

 


 

  Bookmark and Share

Home | Top of the Page

Comment on this article

Name:
E-mail Address:
Write here...

More Headlines

Swollen Yamuna hits over 2,000 people in Delhi, iron bridge closed

9/11 commemoration begins with minute of silence

UAE workers should get equal number of holidays: Gulf News

US pastor agrees 'in principle' not to burn Quran

Bopanna-Qureshi lose US Open final, conquer hearts

If a church or Hindu temple okay at ground zero, why not mosque?: Obama

IITs to enrol foreign students, offer medical courses

Sibal mulls changes in engineering entrance exam

BJP accuses Salman Khurshid of poll code violation

Indian Maths graduates to teach British children via telephone

One killed, thousands displaced in Assam floods

More Headlines

Swollen Yamuna hits over 2,000 people in Delhi, iron bridge closed

9/11 commemoration begins with minute of silence

UAE workers should get equal number of holidays: Gulf News

US pastor agrees 'in principle' not to burn Quran

Bopanna-Qureshi lose US Open final, conquer hearts

If a church or Hindu temple okay at ground zero, why not mosque?: Obama

IITs to enrol foreign students, offer medical courses

Sibal mulls changes in engineering entrance exam

BJP accuses Salman Khurshid of poll code violation

Indian Maths graduates to teach British children via telephone

One killed, thousands displaced in Assam floods

 

Top Stories

India celebrates Eid with traditional fervour, gaiety

Eid-ul-Fitr, marking the end of the holy fasting month of Ramadan, was Saturday celebrated with traditional enthusiasm throughout India with Muslim men and women along with their children holding special prayers   »

Eid al-Fitr: A distinct moment without a comparison

Bangladeshi rich take to Eid tourism

Flood-hit Pakistanis celebrate Eid with hope

 

  Most Read

9/11 commemoration begins with minute of silence

The commemorative ceremony for the nearly 3,000 people killed by terrorists nine years ago began Saturday with a minute of silence at 8:46 a.m., marking the   »

Swollen Yamuna hits over 2,000 people in Delhi, iron bridge closed

The Yamuna flowed nearly two metres above the danger mark Saturday evening as over 2,000 people from flooded areas in east and north Delhi were evacuated and an iron bridge over the river was closed as a   »

If a church or Hindu temple okay at ground zero, why not mosque?: Obama

President Barack Obama Friday again backed controversial plans to build an Islamic centre near  »

 

News Pick

IITs to enrol foreign students, offer medical courses

The Indian Institutes of Technologies (IITs) will induct foreigners as students and faculty and will also conduct medical courses, Human Resource Development Minister Kapil Sibal announced Friday. Talking to reporters   »

US Pastor calls off his plan to burn the Holy Qur’an

A Florida pastor called off Thursday a Qur’an-burning ceremony scheduled for this weekend, claiming he had secured a deal to move a planned mosque in New York away from Ground Zero, reports Arab News. “I will be flying up there on Saturday to meet with the imam at the Ground Zero  »

Special Eid prayers for communal harmony planned ahead of Ayodhya verdict

Ahead of the much-awaited verdict in the Ram Janambhoomi-Babri Masjid legal dispute in Ayodhya Sep 24, Muslims in this Uttar Pradesh capital will hold special Eid prayers for communal harmony  »

 

 

Picture of the Day

More News

Indian teens design washing machine with junks, runs without power

Sourabh Siyal and Tushar Agarwal, students of Christ College, designed a model which would pester  »

Sibal mulls changes in engineering entrance exam

The Indian Institute of Technology (IIT) entrance exams needs an overhaul to discourage coaching institutes,  »

Will appeal in SC if Ayodhya verdict against us: Owaisi

The Muslim community would maintain peace and move the Supreme Court if the verdict in the Ayodhya case, expected Sep 14, does not go in their favour  »

Over 100,000 people offered Eid prayers at the Camp Eid-gah ground in Malegaon today morning. With their heads bowed down the ground and hands raised over to the sky, they prayed for peace and prosperity in India and the world.

(Photo: ummid.com))

 
 
 
 
 
 
 
 

RSS  |  Contact us

| Quick links

News

 

Subscribe to

Ummid Assistant

 

National

Religion

RSS

Scholarships

About us

International

Culture

Twitter

Government Schemes

Feedback

Regional

History

Facebook

Universities at a Glance

Register

Politics

Opinion

Newsletter

 

Contact us

Business

Career

     

Education

       

 

 

Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange

Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.