India plan panel deputy sees inflation at 5-6 pct by Dec

July 14 (Reuters) – India’s wholesale price inflation will ease to 5 percent to 6 percent by December, deputy chairman of planning commission Montek Singh Ahluwalia told reporters on Wednesday.

While India is on track to grow at 8.5 percent in the fiscal year that ends in March 2011, it is grappling with wholesale price index (WPI) inflation that has hit 10.55 percent in June.

Markets widely expect India’s central bank to raise policy rates by 25 basis points in its scheduled policy review on July 27.

(Reporting by Manoj Kumar; editing by Malini Menon)

India adviser:inflation to be “comfortable” by Dec

July 5 (Reuters) – India headline inflation will ease into a comfortable zone by December, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said on Monday.

India’s central bank on Friday raised interest rates earlier than expected, ahead of its July 27 policy review, days after the government freed up fuel prices. Analysts expect another 25-basis points hike on July 27, on concerns over inflation hovering above 10 percent.

The central bank projects headline inflation INWPI=ECI, which hit 10.16 percent in May, to fall to 5.5 percent at end-March.

(Reporting by C.J. Kuncheria; editing by Malini Menon)

India adviser:wk/wk price moves not to affect fuel reforms

June 16 (Reuters) – Weekly movements in India’s inflation will not have any impact on reforms to free fuel prices, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, told reporters on Wednesday.

A panel of ministers has deferred taking a decision on freeing fuel prices on worries over its impact on prices. (Reporting by Rajesh Kumar Singh; editing by Malini Menon)

Krishna’s US visit starts from June 1

With the Obama administration keen to elevate its dialogue with New Delhi, external affairs minister SM Krishna will leave for the US for the first ministerial-level strategic dialogue.

The three-day strategic dialogue from June 1, will be co-chaired by US secretary of state Hillary Clinton. The talks between Krishna and Clinton are also expected to lay the ground for US President Barack Obama’s visit to India later this year. Krishna will be accompanied by several senior ministers, including HRD minister Kapil Sibal, deputy chairman of Planning Commission Montek Singh Ahluwalia and foreign secretary Nirupama Rao, and other senior officials.

While strategic talks between the two democracies have taken place, this will be the first ministerial-level dialogue. US administration is keen on transforming relations and expanding ties in key sectors such as education, agriculture and space. It has already completed strategic talks with China and Pakistan. While the focus of the talks will be bilateral, regional issues will also be high on the agenda. Terrorism and Af-Pak will be on the table. Clinton needs to reassure Krishna that the US is not tilting towards Pakistan because of its dependence on its Army.

Referring to the inaugural India-US strategic dialogue led by Krishna and Clinton, State Department spokesman P J Crowley said at a briefing, “I think the strategic dialogue speaks for itself. We have very strong cultural ties to India, so we look forward to the strategic dialogue.”

Is there a need for a fresh mandate to curb the Maoists?

New Delhi, May 21 (ANI): The brutal killing of 31 persons in Chhattisgarh soon after the Dantewada attack on the Central Reserve Police Force, which had claimed the lives of 76, indicates that while the Maoists are clear in their strategy, the Indian State – both at the Central and State levels – appears confused.

The attack on the civilian bus showed the ruthlessness of the Maoists, who have claimed that their targets were the 15 Special Police officers traveling in it.

The attack on the civilian bus, which was on a routine journey from Dantewada to Sukhma, has shown the Central and State Governments in poor light. Stung by the criticism, Union Home Minister P. Chidambaram said that he had a ”limited mandate”: the maintenance of law and order was the responsibility of the State, and the Government of India can only provide special forces when asked for and provide intelligence inputs and funds for development.

The remarks made earlier during the week by Congress General Secretary Digvijay Singh on the ”aggressive ”statements of Chidambaram following the Dantewada massacre, have added fuel to the controversy.

The controversy has not died down in spite of the statement made by the Congress President Sonia Gandhi in her article in the Congress Party journal Sandesh that while the country ”must address acts of terror decisively and forcefully”, it has to ”address the root cause of Naxalism”.

The rise of Naxalism, she said, is a reflection of the need for our development initiatives to reach to the grass roots, especially in our most backward of tribal districts.

On this occasion, one recalls that the late Rajiv Gandhi had mentioned that hardly fifteen percent of the funds allotted for development reaches the people. Even today, in the areas affected by Naxalism, the funds earmarked for development are not spent.

Soon after the Dantewada incident, the Home Ministry arranged for a briefing by the Planning Commission for elected members of Naxal-affected areas of Chhattisgarh, Jharkhand, West Bengal, Bihar and Orissa, to provide them details of the programmes being implemented by the Government.

It was felt that elected members would take pains to monitor the implementation of flagship programmes of the Government of India and try to wean tribals away from Naxalism.

Ever since Chidambaram took over as the Home Minister at the end of 2008, he has assumed a proactive role in mobilizing different State Governments to take steps to curb Naxalism, which has been described by Prime Minister Manmohan Singh as the most serious challenge that the country is facing.

Chidambaram has also invited the Naxals for talks – the only condition being that they should abjure violence for 72 hours before the commencement of dialogue. The Naxals have rejected the offer.

They know that talks and acceleration of development would mean that their hold on the tribals in the interior belt of the five states would be affected. The construction of a road network would open the hinterland and expose them to the security forces. As of now, the Naxals have been comfortable dealing with the local police, forest guards and contractors engaged in construction of roads and school buildings.

The month of April, when the tendu leave trade commences, is a sensitive time in the area. The Naxals were determined that the Central Reserve Police Force should not make inroads into territory which has been under their control for years. They issued warnings, declared ”bandhs”, and even slit the throats of villagers who defied their threats.

The ”leadership” of the Naxals does not belong to a particular region. From Koteshwar Rao to Ramana, most of them are ”migrants” from Andhra Pradesh , which was their original home for decades, before the so-called Operation ”Green-Hunt” displaced them. They are now established in safe havens in Bastar, Koraput, Midnapur, to name a few areas.

It is time that the Central Government told the Naxals in no uncertain terms that there would be no compromise with elements who challenge the unity and integrity of the country. It could use the armed forces, if necessary. Rightly, the Government has decided that so far there is no need to use the military, except Air Force helicopters for logistic purposes.

The Government of India has a clear mandate to ensure the unity and integrity of the country. It is not a ”limited mandate”. It is time “Operation Green Hunt” is pursued like a real ”Hunt”. (ANI)

E-mail ID: raoramamohan@hotmail.com

Is there a need for a fresh mandate to curb the Maoists?

New Delhi, May 21 (ANI): The brutal killing of 31 persons in Chattisgarh soon after the Dantewada attack on the Central Reserve Police Force, which had claimed the lives of 76, indicates that while the Maoists are clear in their strategy, the Indian State – both at the Central and State levels – appears confused.

The attack on the civilian bus showed the ruthlessness of the Maoists, who have claimed that their targets were the 15 Special Police officers traveling in it.

The attack on the civilian bus, which was on a routine journey from Dantewada to Sukhma, has shown the Central and State Governments in poor light. Stung by the criticism, Union Home Minister P. Chidambaram said that he had a ‘limited mandate’: the maintenance of law and order was the responsibility of the State, and the Government of India can only provide special forces when asked for and provide intelligence inputs and funds for development.

The remarks made earlier during the week by Congress General Secretary Digvijay Singh on the ‘aggressive ‘statements of Chdambaram following the Dantewada massacre, have added fuel to the controversy.

The controversy has not died down in spite of the statement made by the Congress President Sonia Gandhi in her article in the Congress Party journal Sandesh that while the country ‘must address acts of terror decisively and forcefully’, it has to ‘address the root cause of Naxalism’.

The rise of Naxalism, she said, is a reflection of the need for our development initiatives to reach to the grass roots, especially in our most backward of tribal districts.

On this occasion, one recalls that the late Rajiv Gandhi had mentioned that hardly fifteen percent of the funds allotted for development reaches the people. Even today, in the areas affected by Naxalism, the funds earmarked for development are not spent.

Soon after the Dantewada incident, the Home Ministry arranged for a briefing by the Planning Commission for elected members of Naxal-affected areas of Chhattisgarh, Jharkhand, West Bengal, Bihar and Orissa, to provide them details of the programmes being implemented by the Government.

It was felt that elected members would take pains to monitor the implementation of flagship programmes of the Government of India and try to wean tribals away from Naxalism.

Ever since Chidambaram took over as the Home Minister at the end of 2008, he has assumed a proactive role in mobilizing different State Governments to take steps to curb Naxalism, which has been described by Prime Minister Manmohan Singh as the most serious challenge that the country is facing.

Chidambaram has also invited the Naxals for talks – the only condition being that they should abjure violence for 72 hours before the commencement of dialogue. The Naxals have rejected the offer.

They know that talks and acceleration of development would mean that their hold on the tribals in the interior belt of the five states would be affected. The construction of a road network would open the hinterland and expose them to the security forces. As of now, the Naxals have been comfortable dealing with the local police, forest guards and contractors engaged in construction of roads and school buildings.

The month of April, when the tendu leave trade commences, is a sensitive time in the area. The Naxals were determined that the Central Reserve Police Force should not make inroads into territory which has been under their control for years. They issued warnings, declared ‘bandhs’, and even slit the throats of villagers who defied their threats.

The ‘leadership’ of the Naxals does not belong to a particular region. From Koteshwar Rao to Ramana, most of them are ‘migrants’ from Andhra Pradesh , which was their original home for decades, before the so-called Operation ‘Green-Hunt’ displaced them. They are now established in safe havens in Bastar, Koraput, Midnapur, to name a few areas.

It is time that the Central Government told the Naxals in no uncertain terms that there would be no compromise with elements who challenge the unity and integrity of the country. It could use the armed forces, if necessary. Rightly, the Government has decided that so far there is no need to use the military, except Air Force helicopters for logistic purposes.

The Government of India has a clear mandate to ensure the unity and integrity of the country. It is not a ‘limited mandate’. It is time “Operation Green Hunt’ is converted into “Operation Red Hunt”. (ANI)

E-mail ID: raoramamohan@hotmail.com

Home Ministry apprises anti Naxal plan to MPs of worst affected districts

New Delhi, Apr 30 (ANI): Union Government on Friday apprised MPs belonging to 33 worst Naxal-affected districts about its strategy to counter increasing influence of rebels.

Union Home Minister P Chidambaram chaired the meeting.

Senior Home Ministry and Planning Commission officials apprised MPs about development schemes which are being implemented by the Centre in these districts and sought their cooperation in the task to deal with the Maoists.

Chidambaram briefed MPs about the gravity of the Maoist problem and steps being taken by government to deal with the menace.

Briefing media after the meeting Home Secretary G K Pillai said: “Planning Commission had given a presentation to the MPs about development schemes. Focus is entirely on flagship programmes of Government of India as implemented in the districts.”

Some of MPs also shared problems of their respective areas with the Government and offered their help in implementing Centre’s development schemes.

“The MPs spoke about their perspective on the issue and what role they could play in ensuring the better monitoring of various programmes,” Pillai added.

As today’s meeting could not cover all constituencies, the Home Ministry has expressed its desire to organize one more such meeting in mid May.

During the presentation, Planning Commission drew attention of the MPs to anti-development activities of Naxalites.

Naxals are indulging in destruction of school buildings, roads and telephone towers.

Of the 33 districts, 10 are in Jharkhand, seven in Chhattisgarh, six in Bihar, five in Orissa, two in Maharashtra, one each in Andhra Pradesh, Uttar Pradesh and Madhya Pradesh.

All these districts are underdeveloped and authorities believe that economic backwardness may drive many local people of these regions to join the Maoist ranks, the official said.

JD (U) MP from Bihar’s Jahanabad, Jagdish Sharma urged the Government to take people into confidence while carrying out development projects.

“Government must take urgent steps for eradication of poverty, improvement of road connectivity, irrigation projects, PDS schemes etc. to get support of the common people,” he said.

BJD MP from Orrissa’s Dhenkanal, Tathagata Satapathy said government must ensure that the development schemes are implemented with utmost sincerity.

The meeting was held in the wake of the killing of 76 security personnel by the Maoists in Chhattisgarh on April 6.

Government has taken these 33 districts as focus districts to root out the menace from there and subsequently carry out developmental activities.

The Union Government has a committee to monitor development projects in these districts under the chairmanship of Cabinet Secretary.

The Committee conducts reviews on every month. (ANI)

Planning body to tackle Mid West issues

The State Government is hoping a new regional planning committee in the Mid West will provide better information about growth pressures in the region.

The Mid West Regional Planning Committee held its first meeting in Geraldton this week.

It was established to look at the planning challenges expected to arise as a result of the Mid West’s burgeoning economic and resource activity.

Civic leaders have criticised the planning department, saying its modelling does not accurately reflect growth in the region.

The Planning Minister, John Day, says information provided by the committee will help the Government respond to the planning issues facing the Mid West.

“We can hopefully get a better forecast of what is likely to happen,” he said.

“We know there’s going to be growth, it’s really just a question of how much and being prepared for that, so this committee will play a strong role under the umbrella of the WA Planning Commission in ensuring the Government is better informed in all of those matters.”

Walker says planning body ignored experts

Walker Corporation has lodged formal complaints against the panel that refused its canal housing estate on Hobart’s eastern shore.

The company behind the Lauderdale Quay proposal has questioned the independence of the state’s new planning commission in its comments on the draft report into the project.

The panel recommended against the $300 million project on environmental, visual and social grounds.

Walker says the commission has ignored the only expert advice presented and agreed with anecdotal and unsubstantiated views of lay people.

Meanwhile the opponents of the project have accused Walker Corporation of refusing to accept the planning commission’s rejection of the project.

Jane MacDonald from the group Saves Ralphs Bay says the company doesn’t provide any actual evidence of any problems with the assessment.

“Other than that they didn’t get the answer that they wanted”, she said.

The Greens leader Nick McKim says Walker Corporation’s attack on the commission is a low blow.

The commission’s assessment panel will assess Walker Corporation’s complaints next week.

Comment sought on Dardanup expansion plans

The Western Australian Planning Commission is calling for public comment on plans to expand the Dardanup townsite.

The commission wants to convert more than 100 hectares of rural land to expand the town’s residential area.

Dardanup has a population of about 400 but that figure is expected to grow to 2,000 by 2031.

The public can inspect the plans at the Department of Planning in Bunbury and at council offices in Bunbury, Harvey, Dardanup and Capel.

Submissions close on April 21.

Indian economy to grow 8.5 per cent next fiscal: Manmohan Singh

New Delhi, Mar 23 (ANI): Prime Minister Dr. Manmohan Singh today said that the Indian economy would grow at 8.5 percent during the next fiscal.

Inaugurating a conference on building infrastructure hosted by the Planning Commission here, Dr Singh said: “Despite adverse global situation, the Indian economy grew by 6.7 percent during fiscal 2008-09, and it has accelerated to 7.2 per cent in the fiscal year which is about to end in a few days time.”

“These rates are well above those seen in the developed world, and reflect the underlying strengths of our economy. We expect to achieve 8.5 per cent growth rate in 2010-11 and I hope we can achieve a growth rate of nine per cent in 2011-12,” he added.

He further said that investment in infrastructure should be doubled to about Rs 41 lakh crore during the 12th Five Year Plan ending 2017 from the prevailing level, and directed concerned authorities to work out the details.

“Preliminary exercises suggest that investment in infrastructure will have to expand to 1,000 billion dollars in the 12th Five Year Plan,” he said.

“I urged the Finance Ministry and the Planning Commission to draw a plan of action for achieving this level of investment,” he added.

“We also need to review the approach that should guide our regulatory institutions in different sectors. I have asked Planning Commission to prepare a draft bill outlining the next stage of regulatory reform,” he said.

Dr Singh said growth rate of ten per cent looked ambitious, but it was not impossible and was something that had indeed been achieved by some emerging economies.

“For this we will make continued improvements in our policy regime and in our implementation procedures,” he added

He further said that the Eleventh Plan had estimated that we would need to invest over Rs.20 lakh crore in infrastructure over the five year period. This was more than double the realised investment during the Tenth Five Year Plan. (ANI)

Ralphs Bay in election spotlight

A public meeting of 200 Lauderdale residents have heard the views from 11 election candidates on the proposed Ralphs Bay canal estate.

The Tasmanian Planning Commission is due to deliver its final verdict on the proposal on March 26, having already rejected it on environmental, visual and social grounds.

The Greens’ leader Nick McKim and Labor backbencher Ross Butler both said they would oppose the development regardless of what the commission says.

The Deputy Premier Lara Giddings was one of several speakers loudly criticised by the crowd for saying she will wait for the commission’s ruling.

The Liberal Party also says it will reserve judgment.

A spokeswoman for the Save Ralphs Bay campaign, Jane Macdonald, says she is hopeful the proposal will soon be gone for good.

“This particular development should never have entered the planning system,” she said.

“The state coastal policy and other policies and the planning objectives should have been looked at properly.

“The development should never have entered the planning process.”

CPI lashes out at Government over austerity and price rise

New Delhi, Mar 16 (ANI): The Communist Party of India (CPI) slammed the Congress-led Central Government for not addressing the problem of price rise in the country.

Talking to reporters here on Monday, CPI General Secretary B Bardhan accused the government of hoodwink people in the name of austerity drive.

“The austerity drive itself was a farce, it was a farce, a maneuver, an attempt to deceive the people, an attempt to cheat them, it was a fraud. There is no austerity in the government of India. The way expenditure is incurred; we see what is this austerity; can they tell the press or us how much money they have saved in the so called austerity drive?” asked Bardhan.

Bardhan also criticised Finance Minister and the Deputy Chairman of Planning Commission for hoodwinking the nation on price rise and inflation.

“Every now and then either the Vice Chairman of the Planning Commission or the Finance Minister or some other representative of the government goes on claiming that this (inflation) is marginally coming down. Last week they had said that the inflation rate i.e. the food inflation rate has come down by 0.06 percent, now this is a mockery,” Bardhan said.

The austerity drive was started last by the Central Government that asked ministers and bureaucrats to cut down on needless expenses at a time of recession and deepening drought.

The government”s austerity measures may come to an end on March 31.

Annual wholesale price inflation accelerated to 9.89 percent in February, the highest since October 2008 and well above the Reserve Bank of India”s end-March projection of 8.5 percent and the 8.56 percent January reading.

The inflation data comes on the heels of a 16.7 percent annual jump in industrial output in January, with the unexpectedly strong economic pickup also backing the case for the central bank to raise policy rates by at least 25 basis points. (ANI)

Disappointment over Smiths Beach development

The Smiths Beach Action Group says it feels let down by the Environment Minister who has upheld an appeal by Canal Rocks over the Smiths Beach Development near Yallingup.

Donna Faragher has given the green light for a smaller development which was agreed through mediation in the State Administrative Tribunal.

Laurie Schlueter, from the Smiths Beach Action Group, says Ms Faragher had an ideal opportunity to reduce the height of the development.

He says after 10 years of fighting the development, it is now in the hands of the higher authorities.

“In all honesty, I think it’s beyond us now. It’s in the hands of the WA Planning Commission and in the hands of the Minister who’s let us down.”

“It’s at that sort of level now. It’s beyond the level where people can get out and protest.”

Ms Faragher approved the revised development plan for Smiths Beach yesterday.

The Environmental Protection Authority considered the scale of the original tourism and residential development proposal to be environmentally unacceptable and proposed a smaller area be developed.

Ms Faragher says the development will now be restricted to the eastern side of the site with the Leeuwin-Naturaliste National Park extended to the western side.

Final approval will come from relevant planning authorities.

J-K to make rural service must for medicos

Jammu, Mar 5 (ANI): The Jammu and Kashmir Government is contemplating to make rural services mandatory for all doctors to improve health facilities in rural areas of the state.

Addressing the National Rural Health Mission (NRHM) meeting State Chief Minister Omar Abdullah announced that those medicos who serve in rural areas under the NRHM scheme would get additional points in the Public Service Commission (PSC) selection process.

He stressed on achieving maximum physical and financial targets under NRHM and asked the authorities to conduct a survey for grading districts on basis of achievements.

In his address Abdullah also asked to conduct weekly review of all works under the NRHM and to conduct a survey on Maternal Mortality Rate (MMR) and he added that himself will conduct a quarterly review.

He also asked the officials to make health workers more responsible for pre-natal, post-natal care and immunization by extending lucrative incentives.

He assured the meeting that the State Government would approach the Centre for seeking flexibilities of criteria under various central sponsored schemes like Serva Shiksha Abhiyan (SSA), NRHM and others.

Abdullah said his government has urged the Planning Commission of India to release at least 50 per cent of allocations under all centrally sponsored schemes in April of every year. (ANI)

One rural self employment-training institute to be set up in each district

New Delhi, Sep 16 (ANI): Ministry of Rural Development has embarked upon a major initiative to set up one Rural Self Employment Training Institute (RSETI) in each district of the country.

The ministry has so far approved 110 proposals. A meeting of the national level steering committee was held under the Chairpersonship of Secretary Rita Sharma here today in order to review the progress of the setting up RSETIs.

The representatives from Planning Commission, Ministry of Finance, Reserve Bank of India, National Agricultural Bank for Rural Development (NABARD), States, Public Sector Banks, National Institute of Rural Development (NIRD), Bankers Institutes of Rural Development (BIRD), Rural Development and Self Employment Training Institute (RUDSETI), and senior officers from the Ministry of Rural Development attended the meeting.

All the issues related to the operationalization of RSETIs were discussed in the meeting of the National Level Steering Committee.

The committee has been constituted to give policy directions to all stakeholders involved in the establishment of RSETIs and also periodically monitor the progress of RSETIs.

Public Sector Banks have also been associated in this scheme by the Ministry of Rural Development to ensure credit linkage to the people who are trained by the RSETIs.

Ministry of Rural Development would provide assistance to establishment of 200 RSETIs throughout the country in the current financial year. (ANI)

Girl killed in road crash in Kashmir

Bandipora (J-K), Sep 8 (ANI): An enraged mob torched two army vehicles in Jammu and Kashmir after an army truck in a convoy ran over a girl on Monday.

The mishap took place at Sumbal in Bandipora district, where an army truck killed the six-year old Insha Javaid.

Furious crowds surrounded the convoy and torched two vehicles before police dispersed the mob.

Around 120,000 people are killed in road accidents in India every year, the highest in the world. The Planning Commission estimates its social cost at over 550 billion rupees. (ANI)

Growth to slow in coming quarters, says Ahluwalia

New Delhi, Sep 1(ANI): Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Tuesday that country’s economic growth in the coming two quarters will be lower than April-June.

The economy grew 6.1 percent in the June quarter, roughly in line with forecasts, but a poor monsoon threatens to erode growth later in the year even as it drives prices higher.

“I think the growth rate will be worst in the second quarter and may be even in the third quarter because that’s when the impact of drought will be more evident, but we expect that in the fourth quarter, which is January to March 2010, there will be stronger recovery leaving an average growth rate of around 6.3 percent,” Ahluwalia said.

Ahluwalia added that if the monsoon revives in September it will help the rabi crop.

“A lot depends on September rains still, in the sense that good rains in September may not be able to save the kharif crop in areas where there has been a lot damage but can make a big difference to rabi,” he added.

The Planning Commission’s meeting comes a day after the country’s top economic minds agreed that India’s economy is looking up after the Gross Domestic Product (GDP) showed a 6.1 per cent growth.

India witnessed a 7.8 percent economic expansion during the corresponding period of the last fiscal.

According to sources, mining and electricity in industrial sector, and financing among services sector posted higher growth of 7.9, 6.2 and 8.1 percent, respectively, in the first quarter of this fiscal, against 4.6, 2.7 and 6.9 percent a year ago.

Infrastructure development and community services also managed to register a growth of 7.1 and 6.8 percent against 8.4 and 8.2 percent, in the last fiscal.

However, agriculture and manufacturing industry expanded at a slower rate of 2.4 and 3.4 percent respectively. (ANI)

Sports Ministry grants Rs. 110 crore to Kerala Government for conduct of National Games

New Delhi, Sep 1 (ANI): The Ministry of Youth Affairs and Sports has approved grant of Rs. 110 crore to the Kerala Government for the conduct of the 35th National Games.

The grant would be utilized towards upgradation of existing sports infrastructure, laying and development of playing surfaces and procurement of sports equipments, conduct of National Games including opening and closing ceremonies.

These games would be the last major domestic event before Commonwealth Games, 2010 and would be a curtain raiser to CWG 2010 and it would be the basis of selecting the national teams that would represent the country at CWG 2010.

It may be recalled that Indian Olympic Association (IOA) has allotted 35th National Games to State of Kerala, which are scheduled to be held in May 2010.

Kerala Government has initially requested Central Government for central assistance, at least 50 per cent, of the total projected requirement of about Rs. 600 crore for creation of sports infrastructure and conduct of 35th National Games 2010.

Earlier in May, a Central Team, led by Joint Secretary (Sports), Department of Sports and consisting of representatives from Planning Commission, Sports Authority of India (SAI) and Indian Olympic Association (IOA), visited Kerala to evaluate the proposal for conduct of 35th National Games to be held in May 2010.

Based on interactions with the Central Team, the Kerala Government submitted a revised proposal of Rs. 220 crore.

The Central Team recommended that since it may not be possible for the State Government to bear the entire cost of Rs. 220 crore from its own resources because of resource constraint, Planning Commission may consider Additional Central Allocation (ACA) of Rs. 110 crore of the project cost of Rs. 220 crore) to the Kerala Government for hosting 35th National Games. (ANI)

Planning Commission meets today

New Delhi, Sep 1 (ANI): The full Planning Commission will meet here on Tuesday to take stock of the economic situation in the country.

Prime Minister Dr. Manmohan Singh will chair the meeting to be attended by Finance Minister Pranab Mukherjee, Agriculture Minister Sharad Pawar and other Cabinet ministers, besides Commission’s Deputy Chairman Montek Singh Ahluwalia.

The meeting will primarily discuss issues relating to drought, food prices and energy.

It will be a mid-term appraisal of the 11th Five-Year Plan where the growth targets will be announced. The meet is also expected to review the Integrated Energy Policy (IEP), which was approved by the Cabinet last December.

The Commission is also expected to discuss allocations under various government welfare schemes.

The Planning Commission’s meeting comes a day after the country’s top economic minds agreed that India’s economy is looking up after the Gross Domestic Product (GDP) showed a 6.1 per cent growth.

India witnessed a 7.8 percent economic expansion during the corresponding period of the last fiscal.

According to sources, mining and electricity in industrial sector, and financing among services sector posted higher growth of 7.9, 6.2 and 8.1 percent, respectively, in the first quarter of this fiscal, against 4.6, 2.7 and 6.9 percent a year ago.

Infrastructure development and community services also managed to register a growth of 7.1 and 6.8 percent against 8.4 and 8.2 percent, in the last fiscal.

However, agriculture and manufacturing industry expanded at a slower rate of 2.4 and 3.4 percent respectively. (ANI)