The finance ministry, as a subsidy component, has allocated Rs 80,000 crore and another Rs 10,000 crore will be allocated when the Food Security Bill will be implemented.
AK Bhattacharya, Editor, Business Standard, says that the next FM will also fail if he does not employ the technique of consultation, consensus building among political partners, alliance partners and building partnership with states.
CII's Vinayak Chatterjee, GVK's Sanjay Reddy and Essar Port's Rajiv Agarwal discuss and offer their perspective on the Prime Minister's impetus on the infrastructure sector at the review meeting of ministries key to economic development.
India's economic growth plunging to a nine-year low drew sharp reactions from global financial majors, with HSBC labelling the nation as a "gasping elephant" while Credit Suisse said latest numbers will send "shivers down" the spines of coalition politicians of ruling UPA.