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Orissa envisages 9 per cent growth rate in Eleventh Five-Year Plan
The Eleventh Five-Year Plan has estimated a growth rate of 9 per cent in the state of Orissa with a projected outlay of US$ 7.1 billion during the plan period, Governor Murlidhar Chandrakant Bhandare said in his address on March 8, 2010 to the state Assembly. Mr Bhandare informed that the state government had strived to achieve a sustainable and inclusive...
Dated: Mar 10, 2010
Karnataka's first tourism master plan released
A master plan for the of tourism in the state of Karnataka, has been released by the state government's Department of Tourism. Based on the Karnataka State Planning Board's Vision 2020 document, Minister for Tourism and Infrastructure Development, Mr G Janardhan Reddy, said that the master plan looks to attract private investment through  public private participation and special purpose vehicles....
Dated: Mar 09, 2010
Indian economy expected to witness upsurge in growth, says India Inc: CII Survey
Union Finance Minister, Mr Pranab Mukherjee hopes the the country's gross domestic product (GDP) to gross US$ 1.34 trillion in the current fiscal (2009-10).  The Finance Minister said this while addressing an audience at a housing project being initiated at Kolkata. Comparatively, GDP growth was at 6.7 per cent in 2008-09. Meanwhile, a number of India Inc’s top CEOs feel that...
Dated: Mar 08, 2010
Setting up Power SEZs to be more attractive to investors
Power special economic zones (SEZs) such as upcoming projects by Adani group, Wardha Power and Maharashtra Industrial Development Corporation (MIDC), would now be more attractive to investors. The government is likely to permit power projects located in special economic zones (SEZs) to sell electricity to units outside the zones, including in other SEZs, without seeking a distribution licence from state electricity boards....
Dated: Mar 05, 2010
Opportunities for the overseas investor in India
Strong industrial output numbers coupled with increasing consumer confidence have contributed to the surge in foreign direct investment (FDI) in these times of global uncertainty. UNCTAD in its report on World investment prospects titled ‘World Investment Prospect Survey 2009-11’ has ranked India at No. 3 in attracting the highest investments globally and also states that it would remain among the...
Dated: Mar 05, 2010
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