AAP reduce electricity prices by 50 per cent
31122013 Delhi CM Arvind Kejriwal promise of power price reduction upto 50% today held a press meet after a cabinet meeting, Kejriwal said there will be a 50 per cent cut in electricity prices up to a consumption of 400 units. Rates will be reduced further when the CAG audit is complete.
His major pre-poll promises was that he would half the cost of electricity in Delhi if AAP was elected.
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Habitat World at India Habitat Centre programs 31122013
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Apr-Nov fiscal deficit at 93.9% of actuals to BEs
31122013Today at 5:57 PM
Dear All,
Apr-Nov fiscal deficit at 93.9% of actuals to BEs
The gross fiscal deficit of the Central government stands at 93.9% of the actuals to budget estimates at the end of November 2013 as compared to 80.4% of the actuals to budget estimates in the corresponding period of the previous year. The primary deficit significantly increased to 171.8% of the actuals to budget estimates at the end of November 2013 as compared to 118.7% of the actuals to budget estimates during corresponding period of the previous year.
Differentials in use of fiscal deficit space by November 2013 vis-à-vis November 2012 (in %)
Source: PHD Research Bureau, compiled from Government of India accounts, Government of India
Note: The Fiscal deficit data pertains to the end of the respective month
The data for February 2013 and February 2012 pertains to actuals to revised estimates
* indicates data at the end of respective financial year and are % of actuals to revised estimates
The revenue receipts of the central government stands at 47.6% of the actuals to budget estimates at the end of November 2013 and also at the end of November 2012.
Fiscal position for November FY2014 vis-à-vis November FY2013
Month | % of Actuals to Budget Estimates FY2014* | % of Actuals to Budgeted Estimates FY2013* | % of Actuals to Budgeted Estimates FY2012* |
April | 17.3 | 13.1 | 18.1 |
May | 33.3 | 27.6 | 31.7 |
June | 48.4 | 37.1 | 39.4 |
July | 62.8 | 51.5 | 55.4 |
August | 74.6 | 65.7 | 66.3 |
September | 76.0 | 65.6 | 68 |
October | 84.4 | 71.6 | 74.4 |
November | 93.9 | 80.4 | 85.6 |
December | – | 78.8 | 92.3 |
January | – | 90.7 | 105.4 |
February** | – | 97.4 | 94.6 |
March | – | 94^ | 98.9^ |
Source: PHD Research Bureau, compiled from Union Government Accounts, Government of India
Note: * Data pertains to the end of the respective month
** Data for February 2013 and February 2012 pertains to actuals to revised estimates
^ indicates data at the end of respective financial year and are % of actuals to revised estimates
The government’s market borrowing stands at 84% of the actuals to budget estimates at the end of November 2013 as compared with 86% of the actuals to budget estimates at the end of November 2012. The domestic financing stands at 95% of the actuals to budget estimates at the end of November 2013 as compared to 82% of the actuals to budget estimates at the end of November 2012. The external financing of the government stands at 19% of the actuals to budget estimates at the end of November 2013 as against 1% of the actuals to budget estimates at the end of November 2012. The total financing of the central government stands at 94% of the actuals to budget estimates at the end of November 2013 as against 80% of the actuals to budget estimates during the corresponding period of previous year.
Sources of financing the deficit (%)
Source: PHD Research Bureau, compiled from Union Government Accounts, Government of India
Note: Data pertains to the end of the November 2012 and November 2013
Regards,
Dr. S P Sharma
Chief Economist
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CBSE-Katha Reading Utsav concludes with great thump
31122013CBSE-Katha Reading Utsav concludes with great thump
Understanding the creative side of students
New Delhi, 31 December, 2013: The 3 day reading festival organized by CBSE in association with Katha, in the memory of Dr. Abid Hussain, President, Katha, concluded today with much pomp and ceremony.
A one of its kind reading and writing workshop organized by the Board, the Katha Utsav saw CBSE rewarding students for the creative enigma they portrayed.
The three day festival not only saw participation from young enthusiastic kids but also saw the who’s who of the literary circle mingling with children. Innovative and diverse, the three days were filled with various sessions on the art of reading, the importance of technology, the beauty of writing and various competitions for students to have some fun.
The event also saw various publishers and editors since great story writing comes from accepting the great criticism from the masters of the trade.
Ms. Sakshi Jain, Art Director, Katha, excited to be a part of the festival said, “Books are not merely a product to be sold, they are a product of love which originate in the mind of the writer and then transferred to the mind of the reader.”
Concluding today, the day saw teachers, parents and students interact with publishers in Meet with the Publishers and Literary Agents. Ms.Anita from Young Zubaansaid, “This meet helped students get an idea of how a writer pens their words into a masterpiece.”
The meet came to a close with the Katha Awards and Valedictory Ceremonywherein the winners were felicitated with awards and prizes for their active work in the field of reading and writing workshops that were held during the three day programme. Students from different parts of country where present to receive the prestigious acclamation being given by the renowned alumni of Katha.
When asked about his thoughts on such events, Shri Vineet Joshi, Chairman, CBSE, said “It is a must that more and more such festivals are organized to rejuvenate the art of reading amongst students. Technology has started playing such a big role today those children almost seem to forget the printed word.”
During the workshop, various spots were allotted in Sanskriti School wherein the students could go and showcase their creative skills. There was a Culture Café where the students could create flavors and textures of the culture they come from. This included excellence in writing, translation and illustration. Similarly, there was also aTwitter Café and a YouTube café where the young writers could learn, share, make friends with their tweets and record the video of anything around them with the camera provided to them and share that on YouTube. The videos they upload would be reviewed. For the ones who love to read, there was a Katha Book Café where 100 plus books recommended by CBSE and NCERT were showcased.
CBSE and Katha started a joint venture earlier this year to help nurture future writers in the country. The main objective of this initiative is to identify, encourage and provide a platform to all the future poets, novelists and translators of the country. Several Katha clubs were formed in CBSE schools that held literary lessons for students. Students who showcased a flair for literary writing were selected from these clubs for this national workshop.
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31122013
COMMISSIONING OF FAST PATROL VESSEL (FPV)
ICGS ABHEEK – 31 DEC 13
THE INDIAN COAST GUARD SHIP ‘ABHEEK’, THE SECOND IN THE SERIES OF TWENTY FAST PATROL VESSELS (FPVs), DESIGNED AND BUILT BY M/S COCHIN SHIPYARD LIMITED, WAS COMMISSIONED ON 31 DEC 13 AT KOCHI BY SHRI AK ANTONY, THE HON’BLE RAKSHA MANTRI IN THE PRESENCE OF VICE ADMIRAL ANURAG G THAPLIYAL, AVSM, DIRECTOR GENERAL INDIAN COAST GUARD, INSPECTOR GENERAL SPS BASRA, YSM, PTM, TM, COMMANDER COAST GUARD REGION (WEST), PROF KV THOMAS, HON’BLE MINISTER OF STATE(IC) FOR CONSUMER AFFAIRS, FOOD & PUBLIC DISTRIBUTION, SHRI P RAJEEV, MP(RAJYA SABHA), DR. CHARLES DIAS, MP(LOK SABHA), STATE MINISTERS AND OTHER SENIOR DIGNITARIES OF THE CENTRAL AND STATE GOVT.
THE 50 METER INDIGENOUS FPV DISPLACES 290 TONNES AND CAN ACHIEVE A MAXIMUM SPEED OF 33 KNOTS WITH AN ENDURANCE OF
1500 NAUTICAL MILES AT ECONOMICAL SPEED OF 13 KNOTS, EQUIPPED WITH STATE-OF-THE-ART WEAPONRY AND ADVANCED COMMUNICATION AND NAVIGATIONAL EQUIPMENT. SHE MAKES AN IDEAL PLATFORM FOR UNDERTAKING MULTIFARIOUS CLOSE-COAST MISSIONS SUCH AS SURVEILLANCE, INTERDICTION, SEARCH AND RESCUE AND MEDICAL EVACUATION. THE SPECIAL FEATURES OF THE SHIP INCLUDE AN INTEGRATED BRIDGE MANAGEMENT SYSTEM (IBMS), INTEGRATED MACHINERY CONTROL SYSTEM (IMCS) AND AN INTEGRATED GUN MOUNT WITH INDIGENOUS FIRE CONTROL SYSTEM (FCS).
1500 NAUTICAL MILES AT ECONOMICAL SPEED OF 13 KNOTS, EQUIPPED WITH STATE-OF-THE-ART WEAPONRY AND ADVANCED COMMUNICATION AND NAVIGATIONAL EQUIPMENT. SHE MAKES AN IDEAL PLATFORM FOR UNDERTAKING MULTIFARIOUS CLOSE-COAST MISSIONS SUCH AS SURVEILLANCE, INTERDICTION, SEARCH AND RESCUE AND MEDICAL EVACUATION. THE SPECIAL FEATURES OF THE SHIP INCLUDE AN INTEGRATED BRIDGE MANAGEMENT SYSTEM (IBMS), INTEGRATED MACHINERY CONTROL SYSTEM (IMCS) AND AN INTEGRATED GUN MOUNT WITH INDIGENOUS FIRE CONTROL SYSTEM (FCS).
THE SHIP HAS BEEN NAMED ICGS “ABHEEK”, LITERALLY MEANING “FEARLESS”, AND WILL BE BASED AT CHENNAI UNDER THE ADMINISTRATIVE AND OPERATIONAL CONTROL OF THE COMMANDER, COAST GUARD REGION (EAST).
IN HIS ADDRESS DURING THE COMMISSIONING CEREMONY, HON’BLE RAKSHA MANTRI TERMED THE FAST PATROL VESSELS AS THE WORK HORSES OF COAST GUARD. THE HON’BLE RAKSHA MANTRI ALSO DWELT UPON THE FAST PACED DEVELOPMENT OF THE INDIAN COAST GUARD AND ACKNOWLEDGED THE SUPPORT OF GOVERNMENT FOR THE COAST GUARD’S PLAN TO INCREASE FORCE LEVELS SUBSTANTIALLY TO FACE THE EMERGING SECURITY CHALLENGES IN THE MARITIME DOMAIN. HE EMPHASISED THE IMPORTANCE GOVERNMENT OF INDIA ACCORDS TO COASTAL SECURITY IN VIEW OF THE ASYMMETRIC THREATS FROM THE SEA. INDIAN COAST GUARD WILL HAVE 150 SHIPS/BOATS AND ABOUT 100 AIRCRAFT OVER THE NEXT
FIVE YEARS. IN ADDITION TO THESE OPERATIONAL ASSETS, A COASTAL SURVEILLANCE NETWORK IS BEING ESTABLISHED WITH 46 STATIONS TO ENSURE REAL TIME COASTAL SURVEILLANCE.
FIVE YEARS. IN ADDITION TO THESE OPERATIONAL ASSETS, A COASTAL SURVEILLANCE NETWORK IS BEING ESTABLISHED WITH 46 STATIONS TO ENSURE REAL TIME COASTAL SURVEILLANCE.
THE SHIP IS COMMANDED BY COMMANDANT MANISH KUMAR NEGI AND HAS COMPLEMENT OF 05 OFFICERS AND 34 OTHER RANKS.
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31122013
Dear All,
State Development Monitor
December 2013
States have marked significant developments in all the spheres. Various economic advancements have been observed in states such as supplementary budget has been presented in Uttar Pradesh Assembly.
States are in the way to boost their industrial developments as first branch of all woman bank opened in Madhya Pradesh and UP sugar crisis ended as millers agreed to pay cane price in 2 tranches. Rural economy of states has also strengthened with notable developments such as Punjab seeks NDDB help to modernise milk plants and over 54 LT paddy arrived in Haryana.
Paving the way for better infrastructure, Haryana notifies rules for regularisation of plots. Further, major initiatives have been taken by the states to improve education as
National Law
University , IIT-Delhi to set up campus at Sonipat and
Punjab releases Rs 280.81 crore for scholarships.However, the tourism sector has also observed remarkable developments like Punjab to come out with tourism policy. Further, major social developments which have taken place in the states are Chhattisgarh tribal pockets to get Rs 750 crore and J&K gives nod to fresh rehabilitation of Kashmiri migrants. On the health front, Bihar has launched telemedicine services for the upliftment of health services in the state.
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TRADERS SHOCKED OVER GOVT NOD TO TESCO IN FDI IN RETAIL
31122013The Confederation of All India Traders (CAIT) has expressed deep shock and utter dismay over the approval of FIPB in FDI in Retail investment between Tesco and Tata.
” It is an unjustified step of the Government which will harm the small retailers of the Country. The Government instead of upgrading and modernising the existing retail trade of India has chosen the route of laying red carpet for Multinational Companies in their bid to control and dominate the retail sector”-said CAIT President B. C. Bhartia and Secretary General Mr. Praveen Khandelwal in a joint press statement released here today at New Delhi.
The CAIT is committed to oppose any such policy and will do all within its might to make it one of the main Poll issue in forthcoming Loksabha Polls in 2014. To take stock of the current development and to decide the role of traders in forthcoming elections, the CAIT has convened a meeting of its National Governing Council on 10th and 11th January at Nagpur which will be attended by prominent trade leaders of different States from all over the Country.
The CAIT recalled that principal opposition party BJP, Left Parties and several other parties have made it clear in the past to reject present policy of FDI in Retail and accordingly the CAIT will impress upon all political parties to reiterate their stand in their respective Election Manifestos.
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For more details, please contact CAIT Secretary General Mr. Praveen Khandelwal at +91-9891015165-9310199771
For more details, please contact CAIT Secretary General Mr. Praveen Khandelwal at +91-9891015165-9310199771