12th Plan

All government schemes should have a sunset clause and must be co-terminus with the tenure of Finance Commission, which is constituted every five years, the Finance Ministry said today.

4,371-mw hydro power addition goal in 12th Plan may slip

Replaying to a query whether NITI Aayog has recently conducted a survey on revival of hydro-power projects across the country in which a large amount has been invested, the minister replied in the negative.

Huge opportunity for foreign investment in India: FM

Chidambaram said on Friday that the total investment requirements for power, roads, ports, civil aviation during the 12th Plan period is projected at USD 1 trillion, nearly half of which is expected to come from the private sector.

Plan panel may cut average GDP growth in 12th Plan to 6%

Planning Commission is likely to cut the annual average economic growth rate target of 8 percent for the 12th Plan (2012-17) to around 6 to 6.5 percent in its mid-term review of the five year policy document.

Economy may touch 8% average growth: Maira

Sufficient action has not been taken to revive the economy, says Planning Commission member Arun Maira. Talking to CNBC-TV-18 , he says that if appropriate and timely action is taken, we could touch 8 percent average growth in the five years of the 12th Plan.

Evolving higher, vocational education landscape

Strong and sustainable education system can help address India‘s several demographic, growth and social challenges. Siddharth Zarabi of CNBC-TV18 in a recently organized India Education Summit 2013 discusses several of India's biggest initiatives in the education space.

Expect infra to top govt agenda this Budget: Feeback Infra

Vinayak Chatterjee, chairman, Feedback Infrastructure says the infra sector is expected to be government‘s priority in this Budget and the key expectation is the removal of the infrastrcuture sector from the ambit of MAT.

'12th Plan to bring more focus on skill growth of women'

The 12th Plan (2012-17) would bring more focus on skill development, technology transfer, capacity building of women in their roles of leadership and community participation, Planning Commission Member Syeda Hameed today said.

Budget 2013-14: 'Rationalise fertiliser subsidy to improve fiscal health'

The International Monetary Fund (IMF) has said India needs to rationalise its fertiliser subsidies to ease burden on government's purse and utilise the funds for infrastructure development among others.

Will not cut capex; eye on consultancy income: Power Grid

N Nayak, CMD, Power Grid Corporation of India, says on CNBC-TV18 that the company will not cut capex and increas it focus on boosting income from the consultancy business

Par panel scrutinises 12th Plan document

Parliamentary Standing Committee on Finance today scrutinised the 12th Five Year Plan (2012-17) document that aims to achieve average growth rate of 8 per cent, generate 50 million new jobs and increase investments in the infrastructure sector.

12th Plan growth rate pegged down, Jaya walks off NDC meet

Reflecting the economic downturn, the growth target for the 12th Plan was today scaled down at a meeting of the NDC which was marred by an angry walkout by Tamil Nadu J Jayalalithaa, while Prime Minister Manmohan Singh favoured a phased hike in energy prices to rein subsidy bill.

Rs 56-lakh crore investment projected in 12th Plan

The government has projected an investment of about Rs 56.32 lakh crore in infrastructure, during the Plan period 2012-17 for accelerating pace of investment in the sector.

Allocation for health sector enhanced three fold: PM

Recognising the need to address complex challenges in the health sector, Prime Minister Manmohan Singh today said allocation for it has been enhanced by about three times in the 12th Plan Period with enhanced thrust on nutrition and sanitation.

Port capacity to double in 5 yrs: Plan Comm

The capacity of Indian ports will have to nearly double to 2,302 million tonnes (MT) over the next five years to be able to handle the fast growing cargo traffic, the Planning Commission has said.

12th Plan aims 8.2% growth, document to be approved on Sat

The Full Planning Commission is all set to approve the 12th Plan document that seeks to raise the average annual economic growth during the five-year period ending March 2017 to 8.2% from 7.9% achieved in the previous Plan on Saturday.

12th Plan outlay proposed at Rs 47.7 lakh crore

Aimed at pushing the average annual economic growth to 8.2% during the 12th Plan (2012-17), the Planning Commission has proposed total outlay of Rs 47.7 lakh crore during the five-year long policy period.

PlanCom to submit first draft of 12th Plan by weekend

In an exclusive, CNBC-TV18 has learnt that the 12th Five-year Plan will be placed before the Cabinet by end of the month and the entire Planning Commission panel is likely to meet by mid-September. According to principal advisor to the Planning Commission Pronob Sen, the first draft of the 12th Plan will be ready by the end of this week.

NTPC lowers investment valve on coal-supply uncertainty

CNBC-TV18‘s Pragya Bhardwaj reports that NTPC has slashed investments by Rs 50,000 crore due to uncertainty in coal supply.

Engineers India upbeat on heavy order-book

Ashok Kumar Purwaha, chairman, Engineers India Limited explains to CNBC-TV18 the company will post reasonable growth after recording continued growth in turnover of 50% with PBT and PAT levels at over-33%.

Weak monsoon may hit kharif sowing: Montek

Montek Singh explains to CNBC-TV18 that though the monsoons have been delayed, it cannot be said that the monsoons have failed. However, a weak monsoon may hit sowing of the kharif crop.

12th Plan document likely to be delayed further

The 12th Plan document, which seeks to raise annual economic growth rate to 9% during the five-year period (2012-17), may not be ready for the implementation by September as envisaged earlier.

Coal Min raises red flag over fuel supply agreements

The Coal Ministry has fixed a cap on the power capacity beyond which it would not supply coal during the 12th Plan (2012-17) due to scarcity of coal, say CNBC-TV18 sources

India will struggle to meet deficit target: Pranab

India will struggle to meet a fiscal deficit target of 4.6% for the fiscal year that ends in March, Finance Minister Pranab Mukherjee said on Wednesday, calling it a 'major challenge'.

Insurance penetration a cause of concern: ICICI Lombard

Should the government concentrate on the insurance part and leave the management of the hospitals to the private sector? CNBC-TV18's AB Ravi discusses these issues with Bhargav Das Gupta, managing director and chief executive officer of ICICI Lombard.