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Source: Census of India 2001Note : - Includes estimated population of Paomata, Mao Maram and Purul Sub-division of Senapati district of Manipur.Note: @ The total population and rural population include estimated population of 127,108 for Mao Maram, Paomata and Purul sub-divisions of Senapati district of Manipur. India’s population without the estimated population of these areas is 1,028,610,328 (532,156,772 males and 496,453,556 females) |
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Indian Economy
Highlights of Rail Budget 2011-12 Union Railway Minister Mamta Banerjee on February 25, 2011 presented her third consecutive railway budget in the Parliament. Budget, having theme ‘Aam Aadmi’ proposes no hike on passenger fares and freight rates.  BUDGET HIGHLIGHTS: ● No increase in passengers fares or freight rates. ● Earnings for 2010-11 set to exceed Rs. 1 lakh crore. ● Working expenditure during 2011-12 estimated at Rs. 87,000 crore. ● Outlay of Rs. 57,630 crore for 2011-12, the highest investment in one year. ● Rs. 10,000 crore to be raised through railway bonds. ● Budget combines strong economic focus with inclusion. ● Will develop business-oriented policies to aid industry. ● 85 public-private partnership proposals received. ● Single-window system to take the forward. ● Decided to set-up rail-based industries. ● Passing through a difficult phase. ● 97 per cent increase in expenditure in 2010-11 due to implementation of Sixth Pay Commission report. ● Loss of Rs. 3,500 crore in 2010-11. ● Ten-year backlog of 1•75 lakh jobs being addressed; 16,000 ex-servicemen to be given jobs in railways. ● Safety first priority; accident rate has come down. ● Anti-collision device, successful in North West Frontier Railway, to be extended to three more zonal railways. ● Railways always been a soft target but law and order a state subject. If railways are blocked in one region, this has a snowballing effect in other parts of the country. ● Will add 180 km of rail lines in 2011-12. ● All-India security helpline set up. ● Centre for excellence in software to be set up at Darjeeling. ● Fund to be created for socially desirable projects. ● Rail linkage to Gujarat from Delhi-Mumbai freight corridor. ● Integrated suburban network to be set up in Mumbai, Chennai, Ahmedabad and other cities; suburban system of Hyderabad to be strengthened. ● Mumbai suburban system’s EMU coaches to be increased from 9 to 12. ● Pradhan Mantri Rail Vikas Yojana to be launched. ● Industrial park to be set up in Nandigram, West Bengal. ● Railways to set up factory in Jammu and Kashmir. ● To set up Metro coach factory at Singur, West Bengal. ● Work on upgrading 442 stations to be completed by March 31. ● Work on wagon factory in Orissa to begin after land is acquired. ● Manipur capital Imphal to be soon connected to railway network. |
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Indian Economy
Highlights of Economic Survey 2010-11 Following are the highlights of Economic Survey for the fiscal year 2010-11, presented in Parliament on February 25, 2011 by the Finance Minister Mr. Pranab Mukherjee : ● Economy to grow at 8•6% in 2010-11 and 9% in the next fiscal 2011-12. ● Gross Fiscal Deficit stands at 4•8 per cent of GDP in 2010-11 down from 6•3 per cent last year. ● Agriculture to grow at 5•4% in 2010-11, showing 14•2% share in real GDP in 2010-11 ● Inflation expected to be 1•5% higher than what it would be if the economy were not on growth path. ● Economy sees broad-based growth; rebound in farm and continued momentum in manufacturing, private services. ● Fundamentals strong with growing savings and investments, rapid rise in exports. ● Industrial output grows by 8•6 per cent; manufacturing sector registers 9•1 per cent. ● Exports in April-December 2010 up 29•5 per cent; imports up 19 per cent. ● Trade gap narrowed to US $ 82•01 billion in April-December 2010. ● Food inflation, higher commodity prices and volatility in global commodity markets cause of concern. ● Inflation continues to be high; need to monitor emerging trends in inflation on a sequential monthly basis. ● To check food inflation, the government should improve delivery mechanisms by strengthening institutions and addressing corruption. ● Savings rate has gone upto 33•7 per cent, while the investment rate is up at 36•5 per cent of GDP. ● Rising food inflation underlines need for larger investment in farming, enroute to 2nd Green Revolution. ● Net bank credit grows by 59 per cent. ● Social programme spending stepped up by 5 percentage points of GDP over past 5 years. ● Production of foodgrains estimated at 232•1 mn tonnes. ● Forex Reserves estimated at US $ 297•3 billion. ● Accelerated investments needed in infrastructure to address delays, cost overruns, regulatory impediments. ● Telecom sector did exceedingly well; role of services sector as the potential growth engine laudable. ● Policies needed to promote new areas such as accounting, legal, tourism, education, financial and other services. |
Posted in:
Indian Economy
Posted in:
Indian Economy
11:51 PM
Ankur Dubey
