Economy Round Up – March 24 to 28, 2014


April 01, 2014 11:03 IST | India Infoline News Service
Is the market run-up due to 'stable' UPA?

Union Finance Minister P Chidambaram today rejected media analysis that the "hope" of a stable Government after elections is attracting investments and boosting capital market and the value of rupee.

According to Chidambaram, it is not "hope" but the "fact" of a stable Government provided by UPA and the numerous measures taken in the last 18 months that have provided stability and strength to the Indian economy.

Chidambaram will not contest the upcoming Lok Sabha elections. The Sivaganga seat in Tamil Nadu that Chidambaram won by a narrow margin in 2009 has been given to his son Karti Chidambaram.
Your Voice, Our Pledge: The Complete Indian National Congress Manifesto
The Indian National Congress has pioneered an entirely new way in which political party election manifestos are prepared. It is our firm belief that the Indian National Congress Manifesto must reflect the voice and aspirations of the people and a new vision for the country. There were several consultations held across the country over a five-month period (from October, 2013 to March, 2014) with different stakeholders, to get their inputs on India’s future growth, development and inclusion agenda. The Congress Vice President Shri Rahul Gandhi participated in several of these interactions including those with representatives from Scheduled Castes, Scheduled Tribes, Other Backward Classes, minorities, women organisations, youth, labour, industry, Panchayat representatives, ex-servicemen, railway porters, rickshaw pullers, salt-pan workers and farmers. In addition to this a dedicated website (www.incmanifesto.in) was established to invite suggestions from all citizens for the Manifesto. A separate website for the "National Student Manifesto" was also created. We received tens of thousands of suggestions through these consultations, on the websites and social media platforms, phones, emails, etc. These suggestions were carefully considered and have been included, wherever feasible...Read More

We need to strengthen rural cooperative credit delivery: RBI
Since inception the Indian Cooperative movement was initiated by the Government to align the rural credit system with the objectives of development planning. The RBI played an important role, Dr. Deepali Pant Joshi, Executive Director, Reserve Bank of India, said. The RBI's concern and involvement in the sphere of rural credit stemmed from its very statute of incorporation. Specific provisions were made in the Reserve Bank of India Act 1934 for the establishment of an Agricultural Credit Department and for extending refinance facilities to the cooperatives. RBI laid emphasis on strengthening and ensuring viable provincial cooperative bank, central cooperative banks, marketing societies and primary agricultural credit societies in each province for seasonal agricultural operations...Read More

Credit to services sector rises 17.1% in Feb: RBI

General Elections 2014: Fact Sheet on Rajasthan
The 16th Lok Sabha elections would be held in the 25 Parliamentary Constituencies of Rajasthan on 2 poll days, namely April 17 and 24, 2014. Polling will be held at 47,223 polling stations spread across 34,711 polling station locations. Out of the state’s total of 4,07,26,177 electors as on 6th January 2014, women constitute 47.33%. The poll expenditure limit per candidate for all constituencies in the state is Rs. 70 lakhs...Read More

Also Read...

General Elections 2014: Fact Sheet on Karnataka

General Elections 2014: Fact Sheet on Goa

General Elections 2014: Fact Sheet on Sikkim

General Elections 2014: Fact Sheet on Mizoram

General Elections 2014: Fact Sheet on Uttar Pradesh

General Elections 2014: Fact Sheet on Bihar

General Elections 2014: Fact Sheet on Jammu & Kashmir

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