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Government continues to promote MSME.

With the Union Finance Minster of India presented Interim Union Budget 2014-15 in the Parliament on 17.2.2014 that showed the policy that mainly concerns the growth of and promotion of MSME's. In the speech  Finance Minister mentioned, inter-alia, that several measures have ...

India Signs Loan Agreements With World Bank for US $ 250 Million for Uttarakhand Disaster Recovery Project

The Loan Agreements for World Bank (IDA) assistance of US$ 250 million for Uttarakhand Disaster Recovery Project were signed between the Government of India and the World Bank here today.The Loan Agreement was signed by Shri Nilaya Mitash,Joint Secretary, Department ...

Implementation of PPF Scheme for Unorganised Sector

There is no Public Provident Fund (PPF) scheme specially for unorganised sector, being implemented by the Government. ...

ADB and Government of Assam Signed an $81 Million Loan Agreement

India, ADB and Government of Assam Sign Today a $81 Million Loan Agreement for Tranche 1 of Assam Urban Infrastructure Investment Program to Bring Clean, Piped Water to About 350,000 Residents of Guwahati and to Upgrade Waste water Treatment and ...

Miliband ally tells the rich: you should pay higher taxes

One of Ed Miliband's closest allies has backed a tax increase for higher earners as Labour prepares to reveal new details about his plan to deal with Britain's budget deficit.Peter Hain, who was part of Mr Miliband's leadership campaign team, ...
Mr Hain revealed that Mr Miliband would take a high degree of personal control over his party's economic policy. This would be a marked change from the Blair era, when Gordon Brown's iron grip over the remit during his time as Chancellor allowed him to create his own power base from No 11.

It also sheds further light on Mr Miliband's decision not to hand the job of shadow Chancellor to Ed Balls, one of his rivals in the party's leadership contest, who has repeatedly pushed Labour to abandon its former policy of halving the deficit over four years.

"Alan will be a very able shadow Chancellor, and he's shown in all the jobs he's done that he can pick up a brief and sprint with it," Mr Hain told the website Labour Uncut. "What people forget is Ed is an economist. He's not a party leader who's going to chair a range of views and attract a synthesis.

"He's got a very clear idea of where he wants to go on the economy and the deficit and we'll set that out. We'll both be offering a serious alternative."

Mr Johnson will also be confronted about the disagreement between him and Mr Miliband over the introduction of a graduate tax. In an open letter to the newly elected leader before he was made shadow Chancellor, Mr Johnson urged him to drop the policy.

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Saudi prince may face death penalty over gay claims

The Prince of Saudi Arabia, Saud Bin Abdulaziz Bin Nasir al Saud, has been accused of murdering his aide in London and could face death penalty over allegations of homosexuality in his own country.The 34-year-old who is the grandson of ...

Pak says Indian Army chief's remarks 'unwise'

Pakistan on Saturday reacted angrily to the Indian Army chief's remarks describing the country as a major irritant for India's security and about the possibility of a war in a nuclear scenario, saying they were "jingoistic" and "unwise".Rejecting the allegations ...

Nothing wrong in minsters donating for Sonia's rally: Deshmukh

Union minister for heavy industries Vilasrao Deshmukh today said he saw nothing wrong in Maharashtra Congress ministers donating money for party chief Sonia Gandhi's public rally near Nagpur."Workers and leaders of every political party donate money to their parties for ...

PM slams Nitish Kumar, plays development card

The Battle for Bihar gains momentum with Prime Minister Manmohan Singh attacking Bihar Chief Minister Nitish Kumar in the battlezone. He blames the state government for misusing funds provided by the Centre.Its a battle for credit in Bihar at an ...

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