| User Login Signup Now |
| Forgot Password? |
Highlights of Economic Survey 2008-09
Salient features of the Economic Survey for 2008-09 released by Finance Minister Pranab Mukherjee in parliament Thursday:
- Cut fuel, food and fertiliser subsidies
- Raise foreign investment cap in insurance to 49 percent
- Allow 100 percent foreign investment in health, weather insurance
- Raise Rs.25,000 crore from divestment every year
- Sell 5-10 percent in profitable non-Navratnas
- List unlisted state-owned firms, divest at least 10 percent equity
- Auction loss-making state-owned firms
- Rationalise dividend distribution tax to avoid double taxation
- Review customs duty exemptions
- Removal of fringe benefit tax
- Remove commodity and security transaction taxes
- Limit subsidy on cooking gas to six-eight cylinders per household
- Kerosene subsidy only for non-electrified, non-cylinder homes
Last updated on Jul 2nd, 2009 at 12:55 pm IST--IANS
Possibly related news:
- Highlights of Economic Survey 2008-09 (July 2)
- Highlights of Economic Survey 2008-09 (July 2)
- Industrial recovery underway: Economic Survey (July 2)
- Economic Survey calls for new investment environment (July 2)
- India's Economic Survey calls for sweeping reforms (July 2)
Other News Headlines
The Telugu Desam Party (TDP) Saturday threatened to stop transport of iron ore in Anantapur district of Andhra Pradesh after a central empowered committee appointed by the Supreme Court slammed illegal mining activity by a firm owned by Karnataka Tourism Minister G. Janardhan Reddy on the Andhra-Karnataka border.
“Do I look like an animal or am I just different?” Kelly Intasorn, an exhibitor from Thailand at the India International Trade Fair here, asked. She is fed up of men phtographing her.
Coinciding with Prime Minister Manmohan Singh's state visit to Washington, a high-level business delegation of the Confederation of Indian Industry (CII) is in the US to push economic ties between the two countries.
India has launched a big initiative to woo medical tourism from Canada, showcasing the country's high-end and much cheaper healthcare industry to Canadians.
Benchmark indices of Indian equities markets struggled to add significant gains this week, even as conditions remained uncertain in economies and bourses around the world.
Sun TV Network to launch new game show
i am very interested to participate in deal or no deala for registration procedure please call...
Five killed in private jet crash near Minsk
your service is very modern and development Russian world
India-Bangladesh couple seeks intervention to stay united
please read this
India-Bangladesh couple seeks intervention to stay united
please read this
At least 26 dead in fresh Iraq violence (Lead)
Only god knows when will end ?marryasunni.com
When We Do Not Know How to Pray!
[FONT="Arial"]Late one evening, a poor farmer on his way back from the market found himself without...
Intelligent people
[COLOR=Navy]thats tru i guess. and that seems to be the reason we see so many stories that pictures...
The Star Fish Story
[FONT="Arial"]Once a man was walking along a beach. The sun was shining and it was a beautiful day....
Ageing parents - Things 1 need to know for an emergency
[quote=bindunair;3721][FONT=Arial][FONT=Arial]
[LIST]
[*]It only takes a few minutes to collect and...
Risks
[FONT="Arial"]To laugh is to risk appearing the fool,
To weep is to risk appearing...
Thought of the day!
All life is an experiment. The more experiments you make the better.
Word association game..
Doctor
Change 1 Letter..
Nail -> Mail
Is rearranging the letters allowed?