Vanya Mishra Crowned Pantaloons Femina Miss India World 2012

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    Vanya Mishra crowned Pantaloons Femina MissIndia World 2012Chandigarh girl Vanya Mishra crowned as the Pantaloons Femina Miss India World 2012 in thegrand finale of the 49th edition of the beauty pageant on 30 March 2012 in Mumbai. The Miss IndiaEarth title went to 24-year-old Prachi Mishra of Pune won the Miss India Earth title while Chennai girl

    Rochelle Maria Rao was crowned as the Miss India International. The 2012 winners selected among20 finalists were crowned by last year's winners Kanistha Dhankhar, Hasleen Kaur and AnkitaShorey.

    19-year-old Vanya will represent India at the Miss World 2012 Pageant. Prachi and Rochelle is torepresent the country at Miss Earth 2012 Pageant and Miss International 2012 Pageant,respectively. Femina will not send the beauties to the Miss Universe pageant as it had decided in2010 to abstain from the event.

    The event was hosted by Ayushman Khurana and Manish Paul.

    Nargis Fakri and Sonam Kapoor added glamour to the event judged by Sonam, producer Ekta

    Kapoor, film director Rohit Shetty, actor Sonali Bendre, cricketer Harbhajan Singh, designerRaghavendra Rathore, Managing Director of Bajaj FimServ Sanjiv Bajaj, singer Sonu Nigam and TVactor Sakshi Tanwar.

    Singer-actor Ali Zafar engaged the audience with his first dance performance with former Miss IndiasManasvi Mamgai and Neha Hinge.

    The grand evening was also graced by Julia Morley, Chairperson of the Miss World Organisationand reigning Miss World Ivian Lunasol Sarcos Colimenares.Posted byRaghu at11:07 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    India hosted the BRICS Summit for the First Time

    on 29 March 2012India hosted the BRICS(Brazil, Russia, India, China, South Africa) summit for the first time on 29March 2012. It was the fourth BRICS summit. It was held in Indian capital New Delhi. The summitwas participated by Brazil, Russia, India, China and South Africa. The theme of the Summit wasBRICS Partnership for Global Stability, Security and Prosperity. This was the first summit hosted byIndia. The BRICS nations signed two major agreements during this summit. One was to boost tradeamong BRICS nations by offering trade in local currency. This will replace dollar as the maincurrency of trade among them. The other agreement was to set up a development bank on lines ofmultilateral lending agencies. Intra-BRICS trade is about 230 billion US dollars.BRICS declaration(Delhi declaration) issued at the end of the summit says situation concerning Irancannot be allowed to escalate into conflict. It said that the disastrous consequences of which will bein no one's interest. Declaration says BRICS recognises Iran's right to peaceful uses of nuclear

    energy and supports resolution of issues through dialogue.The fifth BRICS summit will be held in March-April 2013 in South Africa. The first summit was held inYekaterinburg, Russia in June 2009. The second summit was held in Brasilia, in April 2010. Thethird summit was held in Sanya, China in April 2011.BRICS was earlier known as BRIC. When South Africa joined the organisation in 2011 it becameBRICS.

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    Posted byRaghu at11:05 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Maulana Abul Kalam Azad Trophy, 2010-11Punjabi University, Patiala has won the trophy defeating arch rivals GNDU, Amritsar. The covetedsports trophy has been awarded to the university for the fourth time as it had earned the maximumnumber of medals in the All-India Inter-University championships and registered the best overallperformance in individual and team events held in one calendar year.Posted byRaghu at10:45 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    National Tourism AwardIn a nod to the active interest that States have taken in developing tourism, Madhya Pradesh andSikkim swept the National Tourism Award ceremony with the maximum number of awards. WhileMadhya Pradesh got four awards, including best State for tourism infrastructure and best tourismfilm, Sikkim got the award for tourism infrastructure in the north-east and best State for the CleanIndia campaign.

    Besides Madhya Pradesh and Sikkim, Rajasthan and Kerala also bagged the awards. Rajiv Gandhi

    International Airport at Hyderabad was adjudged the best airport and New Delhi Railway Station gotthe award for best tourist-friendly station in the country.Posted byRaghu at10:44 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Oscar Awards, 2012Best Film:Thomas Langmann for The Artist. The film is the first silent film to win the award sincethe World War I saga Wings was named outstanding picture at the first Oscars in 1929.Best Director:Michel Hazanavicius for The Artist.Best Actress: Meryl Streep for The Iron Lady. This was her third Oscar.Best Actor:Jean Dujardin, for The Artist.Best Actor in a supporting role:Christopher Plummer for Beginners. He is 82 years old and winshis first Oscar.

    Best Supporting Actress: Octavia Spencer for The Help.Best Foreign Language Film:Asghar Farhadi for Iranian film A Separation, which became thefirst Iranian film ever to win an Oscar.Short film Animated: William Joyce and Brandon Oldenburg for The Fantastic Flying Books of Mr.Morris Lessmore.Short Film (Live Action): George and Oorlagh George for The Shore.Original Screenplay:Woody Allen for Midnight in Paris. This was his first Oscar in last 25 years.Adapted Screenplay:Alexander Payne, Nat Faxon & Jim Rash for The Descendants. BestOriginal Song: Bret McKenzie from Man or Muppet.Best Original Score: Ludovic Bource for The Artist.Best Visual Effects: Rob Legato, Joss Williams, Ben Grossmann and Alex Henning for Hugo.Best Animated feature film: Gore Verbinski for Rango.Best Documentary: T.J. Martin, Dan Lindsay and Rich Middlemas for Undefeated.

    Best Makeup: Mark Coulier and J. Roy Helland for The Iron Lady.Best Costume Design:Mark Bridges for The Artist.Art Direction: Dante Ferretti (Production Design); Francesca Lo Schiavo (Set Decoration) forHugo.Best Cinematography: Robert Richardson for Hugo.Posted byRaghu at10:43 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

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    Business Standard awards for CorporateExcellenceCEO of the Year: Rajiv Bajaj, MD & CEO of Bajaj AutoCompany of the Year: CognizantStar MNC: Nestle India

    Star SME: Jubilant FoodWorksStar PSU: National Mineral Development CorporationPosted byRaghu at10:43 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Grammy Awards, 2012Song of the Year:Rolling in the Deep by Adele Adkins and Paul EpworthPop Solo Performance: Someone Like You by AdelePop Performance by a Duo or Group:Body and Soul by Tony Bennett and Amy WinehousePop Vocal Album: 21 by AdeleAlternative Album:Bon Iver by Bon IverRock Song:Walk by Foo FightersRock Album:Wasting Light by Foo Fighters

    Rock Performance:Walk by Foo FightersHard Rock/Metal Performance:White Limo by Foo FightersR&B Album:F.A.M.E. by Chris BrownR&B Song:Fool For You by Cee Lo Green, Melanie Hallim and Jack SplashR&B Performance:Is This Love by Corrine Bailey RaeRap Album:My Beautiful Dark Twisted Fantasy by Kanye WestRap Performance:Otis by Jay-Z and Kanye WestRap Song: All of the Lights by Jeff Bhasker, Stacy Ferguson, Malik Jones, Warren Trotter andKanye WestWorld Music Album:Tassili by TinariwenCountry Solo Performance:Mean by Taylor SwiftCountry Album:Own the Night by Lady Antebellum

    Country Performance by a Duo or Group:Barton Hollow by The Civil WarsCountry Song:Mean by Taylor SwiftJazz Vocal Album:The Mosaic Project by Terri Lyne Carrington and various artistsJazz Instrumental Album:Forever by Corea, Clark and WhiteHistorical Album:Band on the Run by Paul McCartneyPosted byRaghu at10:43 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Laureus Awards, 2012Serbian tennis giant Novak Djokovic and Kenyan distance runner Vivian Cheruiyot have beennamed as the best Sportsman and Sportswoman of the year, respectively, while the glory of bestTeam went to reigning Champions League football holders FC Barcelona.

    Djokovic, the first player representing Serbia to win a Grand Slam singles title, is also the youngestplayer to reach the semi-finals of all four Grand Slams in the open era, at the age of 24.

    Cheruiyot was considered one of the greatest distance runners of this generation. She picked upgold medals of both 5,000 and 10,000 metres at the World Championships in Daegu, South Korea.

    Barcelona, under coach Pep Guardiola, was winner of the Champions League and the SpanishLeague in the 2010/11 season. It was the fourth time the team was nominated for the Laureus butwon it for the first time.

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    Posted byRaghu at10:38 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Friday, March 30, 2012

    GROUP-II SERVICES - 2008 Notification No.

    11/2009 TO 38/2008 Marks ListGroup-II Services (11/2009 TO 38/2008) - Marks List of theInterview Candidates.Posted byRaghu at6:35 PM0 commentsLinks to this postLabels:RESULT

    Fourth BRICS (BRAZIL, Russia, India, China andSouth Africa) Summit was held in New DelhiThe Fourth BRICS Summit was held in New Delhi on 29 March 2012. The theme of the Summit wasBRICS Partnership for Global Stability, Security and Prosperity. At the Summit, the Leaders of theBRICS countries discussed political, economic and social issues of mutual and international interest.The Summit took forward the continuing efforts towards strengthening cooperation, consultation andcoordination among the BRICS countries for the benefit of their peoples and of the internationalcommunity.Posted byRaghu at8:42 AM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Seoul Nuclear Security SummitSeoul nuclear security summit was held on 26-27 March 2012 in South Korea. It was the secondnuclear security summit. 53 heads of state and government, as well as representatives of the UnitedNations (UN), International Atomic Energy Agency (IAEA), European Union (EU) and INTERPOL,attended the 2012 Seoul Nuclear Security Summit.

    Compared to the 2010 Washington Summit, there were seven new participants: Azerbaijan,Denmark, Gabon, Hungary, Lithuania, Romania and INTERPOL. The EU was represented by boththe President of the European Council and the President of the European Commission, making thenumber of participating leaders 58 in total.

    The next Nuclear Security Summit will be held in 2014 in the Netherlands. The first nuclear securitysummit was held in Washington, USA in April 2010.Posted byRaghu at8:41 AM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Thursday, March 29, 2012

    Research Station in AntarcticaThe construction of the third Indian research station in Larsemann Hills, East Antarctica was

    initiated in 2009-10. The basic infrastructure and shifting of heavy construction machinery atthe site was accomplished. In the year 2010-11, the stilt foundation was made ready, roadsbuilt, fuel storage farm and pipe lines were erected. During the current year 2011-12, thesuperstructure has been built. The station has been running on a trial basis. The first winterover team has started living there and has commenced their work of testing of equipmentsand systems, the Minister of State for Planning, Science & Technology and Earth SciencesDr. Ashwani Kumar stated in a written reply in Lok Sabha,

    The Minister further stated that Maitri, Indias second Research Station was built in 1988 -

    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urth-brics-brazil-russia-india-china.htmlhttp://www.blogger.com/profile/11255001897940966323http://appscmaterial.blogspot.in/2012/03/fourth-brics-brazil-russia-india-china.htmlhttp://appscmaterial.blogspot.in/2012/03/fourth-brics-brazil-russia-india-china.htmlhttp://appscmaterial.blogspot.in/search/label/RESULThttp://appscmaterial.blogspot.in/2012/03/group-ii-services-2008-notification-no.html#linkshttp://appscmaterial.blogspot.in/2012/03/group-ii-services-2008-notification-no.html#comment-formhttp://appscmaterial.blogspot.in/2012/03/group-ii-services-2008-notification-no.htmlhttp://www.blogger.com/profile/11255001897940966323http://website.apspsc.gov.in/Documents/MARKSLIST1/142.pdfhttp://website.apspsc.gov.in/Documents/MARKSLIST1/142.pdfhttp://appscmaterial.blogspot.in/2012/03/group-ii-services-2008-notification-no.htmlhttp://appscmaterial.blogspot.in/2012/03/group-ii-services-2008-notification-no.htmlhttp://appscmaterial.blogspot.in/search/label/CURRENT%20AFFAIRS%202012http://appscmaterial.blogspot.in/2012/03/laureus-awards-2012.html#linkshttp://appscmaterial.blogspot.in/2012/03/laureus-awards-2012.html#comment-formhttp://appscmaterial.blogspot.in/2012/03/laureus-awards-2012.htmlhttp://www.blogger.com/profile/11255001897940966323
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    89 and has been hosting summer team of about 70 members and winter team of 25members every year since then. Maitri has been serving as the gateway for Indianscientists to venture into interior Antarctic mountains. The meteorological, geomagnetic,geological, glaciological and seismological observations have continuously been collectedand contribute data to Indian and international data centres and prove the utility of thisstation.

    The Minister said that during the year 2011-12, a sum of Rs. 95 Crore was earmarked forIndian Antarctic Expeditions. This expedition involved the voyage of the scientists to

    Antarctica to do the research, maintenance of the Antarctic station and providing thescientists necessary infrastructure and logistic support to perform their experiments. Most ofthe scientific programs such as monitoring of Antarctic climate, synoptic measurement ofweather parameters, monitoring of ozone hole, recording of fluctuation of ice sheet margin,aerosol monitoring, fluctuation of snout of glacier, Ionospheric measurements etc., havedirect bearing on the understanding of processes of Climate Change.Posted byRaghu at6:44 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Tsunami Alert SystemGlobally all countries, including India, are facing the vandalism by some unidentifiedelements on the ocean observing systems and possible steps are being discussed even atthe level of Intergovernmental Oceanographic Commission (IOC), the Minister of State forPlanning, Science & Technology and Earth Sciences Dr. Ashwani Kumar stated in a writtenreply in Lok Sabha.

    The Minister further stated that despite the above, Government is making all efforts tomaintain sufficient redundancies to ensure the sustenance of the critical ocean observingsystems over the north Indian Ocean so that the tsunami warning capability is notcompromised at all. Similarly efforts are made through

    (i) raising awareness to Indian fishermen by distribution of pamphlets and conductingworkshops

    (ii) buoy identification through World Meteorological Organization(WMO) identification code

    (iii) fitting buoys with beacon lights as per international standard IALA code (iv) fitting radarreflector as per standard

    (v) making the buoy surface slippery and protective hood to avoid tie-up by boats

    (vi) making suitable structural changes so as to make difficult to remove fixtures / fasteners,

    etc.

    (vii) notifying the buoy locations through Mariners notice sent to National HydrographicOrganization (NHO) to other neibouring naval watch area commandersPosted byRaghu at6:43 PM0 commentsLinks to this postLabels:CURRENT AFFAIRS 2012

    Tuesday, March 27, 2012

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    IAS Interview 2012: Important Topics for IndianEconomyIn this era of globalisation when every individual is an integral part of world economy the need ofawareness of economic issues grows several times. At a time when you cant isolate yourself fromeconomic developments world over, it is required for every individual to know the economy

    thoroughly.Economy, that covers a considerable proportion of the current affairs syllabus, alone can make agreat difference in ones performance in the civil services interview. Economy, both Indian andinternational are equally- important as both are interlinked and affect each other a great deal. As anIAS aspirant one is expected to know the economic issues well as it defines ones sensibility towardsthe developments that takes place on economic front.

    A candidate who has a fair knowledge of economic issues certainly holds an edge over others whoare ignorant of economic developments around. Economic terms like inflation, GDP, CRR, SLR arenot only economic terms but an important part of your preparation of civil services exams. We arehere suggesting you some significant topics that you must read as a part of your preparation for IASinterview.

    Budget Estimate for Union Budget 2012-13Tax Proposals under Union Budget 2012-13Sector-wise Allocation underUnion Budget 2012-13Budgetary allocation for Infrastructure Sector in Union Budget 2012-13Provisions for Social Inclusion under Union Budget 2012-13Provisions for Health and Education Sector in Union Budget 2012-13Agriculture and allied sector allocation under Union Budget 2012-13Highlights of Union Budget 2012-13Provisions for Rural Development in Union Budget 2012-13Analysis of Economic Survey 2011-12Highlights of Economic Survey 2011-12Union Railway Budget 2012-13

    Budget Estimates 2012-13Union Finance Minister Pranab Mukharjee presented the union budget 2012-13 in the parliament on16 March 2012. The minister in his budget speech, projected the economic growth for 2012-13 to be7.6%.

    While the total tax receipts for fiscal year 2012-13 is estimated to be 1077612 crore rupees, the totalbudgetary expenditure is projected to be 1490925 crore rupees. Budgetary allocations for varioussectors including education, health, agriculture, defence also received a reasonable hike.

    The highlights of Budget Estimates 2012-13 are presented below:

    Gross Tax Receipts estimated at 1077612 crore rupees. Net Tax to Centre estimated at 771071 crore rupees. Non-tax Revenue Receipts estimated at 164614 crore rupees. Non-debt Capital Receipts estimated at 41650 crore rupees. Temporary arrangement to use disinvestment proceeds for capital expenditure in social sectorschemes extended for one more year. Total expenditure for 2012-13 budgeted at 1490925 crore rupees. Plan expenditure for 2012-13 at 521025 crore rupees is 18 per cent higher than Budget Estimate of2011-12. 99 per cent of the total plan outlay met in the Eleventh Plan.

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    Non-plan expenditure estimated at 969900 crore rupees. 365216 crore rupees estimated to be transferred to States. Fiscal deficit at 5.1 per cent of GDP in Budget Estimate 2012-13. Net market borrowing required to finance the deficit to be 4.79 lakh crore rupees in 2012-13. Central Government debt at 45.5 per cent of GDP in 2012-13 as compared to Thirteenth FinanceCommission target of 50.5 per cent.

    Effective Revenue Deficit to be 1.8 per cent of GDP in 2012 -13.

    Union Budget 2012-13: Sector BasedAllocationUnion Finance Minister Pranab Mukharjee presented the annual budget for the fiscal year 2012-13in the parliament on 16 March 2012.The Union Minister of Finance came up with an increased budgetary allocation for various sectorsincluding agriculture, rural development, defence etc. While, the Plan Outlay for Department of

    Agriculture and Co-operation increased by 18 percent, the target for agricultural credit raised by100000 crore rupees to 575000 crore rupees. Budgetary allocation for rural drinking water and

    sanitation received a hike of over 27 per cent. Flagship programmes like Right to Education-SarvaShiksha Abhiyan received an increase of 21.7 per cent in the budgetary allocation.

    Some of the major allocations made for different sectors of economy are as follows:Agriculture and Allied Activities Budgetary allocation for agriculture and allied activities 2012-13 increased by 18% 9217 crore rupees allocated for Rashtriya Krishi Vikas Yojana. 1000 crore rupees for Bringing Green Revolution to Eastern India (BGREI) project 300 crore rupees to Vidarbha Intensified Irrigation Development Programme under RKVY. 200 crore rupees allocated for incentivising research with rewards 14242 crore rupees allocated for Accelerated Irrigation Benefit Programme (AIBP) 500 crore rupees provided to broaden scope of production of fish to coastal aquacultureRural Development

    14,000 crore rupees allocated for rural drinking water and sanitation 24000 crore rupees allocated for Pradhan Mantri Grameen Sadak Yojna 12040 crore rupees provided for Backward Regions Grant Fund scheme 20,000 crore rupees allocated for Rural Infrastructure Development Fund 5000 crore rupees earmarked for creating warehousing facilities

    Education Sarva Siksha Abhiyan-Right to Education- 25555 crore rupees 3124 crore rupees provided for Rashtriya Madhyamik Shiksha Abhiyan (RMSA)

    Health 20822 crore rupees National Rural Health Mission

    Employment and skill development 3915 crore rupees provided for National Rural Livelihood Mission 1276 crore rupees allocated for Prime Ministers Employment Generation Programme 1000 crore rupees allocated for National Skill Development Fund

    Defence and Security 193407 crore rupees aallocated for Defence services including 79579crore rupees for capitalexpenditure 1185 crore rupees to be allocated for construction of nearly 4000 residential quarters for Central

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    Armed Police Forces 3280 crore rupees proposed to be allocated for construction of office building of CentralArmedPolice Forces

    Infrastructure and Industrial Development

    25360 crore rupees allocated for Road Transport and Highways Ministry 3884 crore rupees loan waiver for handloom weavers and their cooperative societies 500 crore rupees pilot scheme announced for promotion and application of Geo-textile in the NorthEastern Region 70 crore rupees allocated to set up a powerloom mega cluster in Ichalkaranji in Maharashtra 5000 crore rupees India Opportunities Venture Fund to be set up with SIDBI 15888 crore rupees to be provided for capitalisation of public sector banks and financial institutionsOther major allocations 37113 crore rupees allocated for Scheduled Castes Sub Plan 21710 crore rupees earmarked for Tribal Sub Plan

    Union Budget 2012-13: BudgetaryAllocation for InfrastructureDevelopmentUnion Finance Minister Pranab Mukherjee in the Union budget 2012-13 proposed allocation of Rs.50 lakh crore towards infrastructure investment during the Twelfth Plan period. About half of this islikely to come from the private sector. As part of the General Budget, the Finance Minister doubledthe tax free bonds for financing infrastructure projects to Rs. 60000 crore. During 2012-13, the taxfree bonds include Rs. 10,000 crore each for NHAI, IRFC, IIFCL and power sector, and Rs. 5000croreeach for HUDCO, National Housing Bank, SIDBI, and ports.

    The Finance Minister also announced the inclusion of more sectors in the list of sectors eligible forViability Gap Funding (VGF) under the scheme for support to Public Private Partnership (PPP) ininfrastructure. These sectors are irrigation (including dams, channels and embankments), terminalmarkets, common infrastructure in agriculture markets, soil testing laboratories and capitalinvestment in fertilizer.

    It was announced during the presentation of the budget that India Infrastructure Finance CompanyLimited (IIFCL) set up a structure for credit enhancement and take-out finance with an objective toprovide ease of access of credit to infrastructure projects. It was also informed that an InfrastructureDebt Fund with an initial size of Rs. 8000 crore was launched in early March 2012 to tap theoverseas markets for long term pension and insurance funds.

    It was also stated that the Government has approved guidelines under which defence Public Sector

    Undertakings adopting the PPP mode, can establish joint venture.

    Budgetary provisions for Infrastructure Development

    The Union Budget 2012-13 stated that investment in infrastructure is to go up to Rs 50 lakh crorewith half of the total investment expected from private sector. More sectors proposed to be added as eligible sectors for Viability Gap Funding under the scheme-Support to PPP in infrastructure. Tax free bonds of Rs 60000 crore to be allowed for financing infrastructure projects in 2012-13

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    The Union Budget announced harmonised master list of infrastructure sector approved by theGovernment. National Manufacturing Policy announced with the objective of raising the share of manufacturingin GDP to 25 per cent and creating of 10 crore jobs. Coal India Limited was advised to sign fuel supply agreements with power plants, having long-termPPAs with DISCOMs and getting commissioned on or before 31 March 2015

    External Commercial Borrowings (ECB) to be allowed to part finance Rupee debt of existing powerprojects.

    Transport: Roads and Civil Aviation

    The Union Budget 2012-13 proposed an increase of allocation of the Road Transport and HighwaysMinistry by 14 per cent to Rs 25360 crore. ECB proposed to be allowed for capital expenditure onthe maintenance and operations of toll systems for roads and highways, if they are part of originalproject. The budget permitted direct import of Aviation Turbine Fuel for Indian carriers.The budget also stated that the ECB is to be permitted for working capital requirement of airlineindustry for one year subject to a total ceiling of US $ 1 billion. Proposal to allow foreign airlines toparticipate upto 49 per cent in the equity of an air transport undertaking under active consideration ofthe government was also made.

    Micro, Small and Medium Enterprises

    Rs 5000 crore India Opportunities Venture Fund proposed to be set up with SIDBI. The launch of two SME exchanges in Mumbai to enable greater access to finance by Small andMedium Enterprises (SME) was announced in the budget The Union budget approved policy requiring Ministries and CPSEs to make a minimum of 20 percent of their annual purchases from MSEs Of the total 20%, 4 per cent is to be earmarked for procurement from MSEs owned by SC/STentrepreneurs.

    Textiles

    Financial package of Rs 3884 crore for waiver of loans of handloom weavers and their cooperativesocieties was announced in the Union Budget 2012-13.

    Budgetary allocation for textiles includes:

    The budget also proposed setting up of two more mega handloom clusters, one to cover Pra kasamand Guntur districts in Andhra Pradesh and another for Godda and neighbouring districts inJharkhand Three Weavers Service Centres one each in Mizoram, Nagaland and Jharkhand was proposed tobe set up to provide technical support to poor handloom weavers Rs 500 crore pilot scheme was announced for promotion and application of Geo-textiles in theNorth Eastern Region.

    Powerloom mega cluster to be set up in Ichalkaranji in Maharashtra with a budget allocation of Rs70 crore.

    Union Budget 2012-13: Social InclusionThe Union Finance Minister Pranab Mukharjee, who presented the annual union budget 2012-13inthe parliament on 16 March 2012, proposed some major allocations aiming at social inclusion.

    The major provisions for social inclusion under budget 2012-13 are as follows:

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    8447 crore rupees allocated under NSAP in 2012-13. In the ongoing Indira Gandhi National Widow Pension Scheme and Indira Gandhi NationalDisability Pension Scheme for BPL beneficiaries, pension amount to beraised from 200 rupees to300 rupees per month. Lump sum grant on the death of primary breadwinner of a BPL family, in the age group 18 -64

    years, doubled to 20000 rupees. To enhance access under SWAVALAMBAN scheme, LIC appointed as an Aggregator and allPublic Sector Banks appointed as Points of Presence (PoP) and Aggregators. Special grant provided to various universities and academic instiutions. Allocation of 15850 crore rupees made for Integrated Child Development Service (ICDS) scheme A multi-sectoral programme to address maternal and child malnutrition in selected 200 high burdendistricts is being rolled out during 2012-13 11937 crore rupees allocated for National Programme of Mid Day Meals in schools 750 crore rupees proposed for Rajiv Gandhi Scheme for Empowerment of Adolescent Girls,SABLA 37113 crore rupees earmarked for Scheduled Castes Sub Plan 2012-13 21710 crore rupees allocated for Tribal Sub Plan Multisectoral Nutrition Augmentation Programme announced to combat malnutrition

    Increase in the allocation for NRLM by over 34 percent to 3915 crores rupees in 2012-13 200 crores rupees to Women SHG Development Fund to enlarge the corpus to 300 crores rupees Proposal to setup a Bharat Livelihoods Foundation of India through Aajeevika

    Union Budget 2012-13: Provisions forEducation & Health SectorUnion Finance Minister in his Union Budget 2012-13 speech tabled on 16 March 2012 announcedseveral provisions for both the education and health sector.

    Education

    In the Union Budget 2012-13 tabled in the parliament on 16 March 2012, the Finance Ministerproposed an increase in allocation by 21.7 per cent for Right to Education SarvaShikshaAbhiyan toRs.25555 crore. Increase in allocation by 29 per cent for RashtriyaMadhyamikShikshaAbhiyan to Rs.3124 crore was also proposed. He proposed to set up a Credit Guarantee Fund to ensure better flowof funds to students.

    Budgetary Provisions for the Education Sector

    For 2012-13, Rs 25555 crore was provided for RTE-SSA representing an increase of 21.7 per centover 2011-12. Rs 6,000 schools proposed to be set up at block level as model schools in Twelfth Plan Rs 3124 crore provided for Rashtriya Madhyamik Shiksha Abhiyan (RMSA) representing anincrease of 29 per cent over BE 2011-12. The Union budget proposed to ensure better flow of credit to students, a Credit Guarantee Fund

    Health

    Union finance minister in the Union budget 2012-13 proposed to increase the allocation for NRHM toRs.20822 crore in 2012-13. He also announced the launch of National Urban Health Mission anddeclared that no new case of polio was reported in last one year.

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    Budgetary Provisions for the Health Sector

    The Union Budget 2012-13 proposed modernization of existing vaccine units and setting up of newintegrated vaccine unit in Chennai. Enlargement of Scope & remuneration of Accredited Social Health Activist ASHA proposed.

    Proposal to increase allocation for NRHM from Rs 18115 crore in 2011-12 to Rs 20822 crore in2012-13 National Urban Health Mission proposed to be launched. Pradhan Mantri Swasthya Suraksha Yojana to be expanded to cover upgradation of 7 moreGovernment medical colleges The Union Finance Minister announced Multisectoral Nutrition Augmentation Programme tocombat malnutrition

    Union Budget 2012-13: Provisions forAgriculture & Allied SectorThe Union budget 2012-13 presented by Union Finance Minister Pranab Mukherjee on 16 March2012 proposed an increase by 18 per cent to Rs. 20208 crore in the total Plan Outlay for theDepartment of Agriculture and Cooperation in 2012-13. The outlay for Rashtriya Krishi Vikas Yojana(RKVY) was increased to Rs 9217 crore in 2012-13.

    The Finance Minister proposed to raise the target for agricultural credit to Rs.575000 crore, whichrepresents an increase of Rs. 100000 crore over the target for 2011-12 thereby highlighting the overarching importance of timely access to affordable credit for farmers.

    A short term RRB Credit Refinance Fund was proposed to be set up to enhance the capacity ofRegional Rural Banks to disburse short term crop loans to the small and marginal farmers. AlsoKisan Credit Card Scheme is to be modified to make it a smart card which can be used at ATMs.

    With an objective to have a better out reach of the food processing sector, a new centrallysponsored scheme titled National Mission on Food Processing is to be started in cooperation withthe States in 2012-13.

    Budgetary provision for the Agriculture & allied Sectors

    An increase by 18% to Rs. 20208 crore in the total Plan Outlay for the Department of Agricultureand Cooperation in 2012-13 Outlay for Rashtriya Krishi Vikas Yojana (RKVY) increased to 9,217 crore in 2012-13 Initiative of Bringing Green Revolution to Eastern India (BGREI) had resulted in increasedproduction and productivity of paddy. The budget for the 2012-13 fiscal increased the allocation forthe scheme to Rs 1000 crore in 2012-13 from Rs 400 crore in 2011-12. Proposal to allocate Rs 300 crore to Vidarbha Intensified Irrigation Development Programme underRKVY was made All remaining activities related agri sector development was proposed to be merged into followingmissions in Twelfth Plan:

    a. National Food Security Missionb. National Mission on Sustainable Agriculture including Micro Irrigationc. National Mission on Oilseeds and Oil Palmd. National Mission on Agricultural Extension and Technology

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    e. National Horticultural Missionf. National Mission for Protein Supplement

    Rs 2242 crore project launched with World Bank assistance to improve productivity in the dairysector. Rs 500 crore proposed to beprovided to broaden scope of production of fish to coastal aquaculture.

    A new centrally sponsored scheme titled National Mission on Food Processing to be started in2012-13 in co-operation with State Governments.

    Target for agricultural credit was raised by Rs 100000 crore to Rs 575000 crore in 2012-13. It wasproposed that interest subvention scheme for providing short term crop loans to farmers at 7 percent interest per annum would be continued in 2012-13. Additional subvention of 3 per cent is to bemade available for prompt paying farmers.

    A sum of Rs 200 crore was proposed to be set aside for incentivising research with rewards.

    Allocations for Irrigation

    The Union Budget 2012-13 proposed structural changes in Accelerated Irrigation BenefitProgramme (AIBP) to maximise flow of benefit from investments in irrigation projects. Allocation for AIBP in 2012-13 stepped up by 13 per cent to Rs 14242 crore. Irrigation and Water Resource Finance Company was proposed to be operationalised to mobiliselarge resources to fund irrigation projects. A flood management project approved by Ganga Flood Control Commission at a cost of `439 crorefor Kandi sub-division of Murshidabad District.

    To further promote agriculture and agro-processing sectors, the Government proposed to reducebasic customs duty from 7.5 per cent to 2.5 per cent on sugarcane planter, root or tuber cropharvesting machine and rotary tiller and weeder and parts for the manufacture of these. PranabMukherjee while presenting the budget announced reduction of basic customs duty from 7.5 per centto 5 per cent on specified coffee plantation and processing machinery. The basic customs duty wasalso reduced on some water soluble fertilizers and liquid fertilizers, other than urea, from 7.5 percent to 5 per cent and from 5 per cent to 2.5 per cent.

    The budget sought to provide substantial relief to the fertilizer sector. It was announced that importsof equipment for initial setting-up or substantial expansion of fertilizer projects were to be fullyexempted from basic customs duty of 5 per cent for a period of three years up to 31 March 2015.Government adopted measures to finalise pricing and investment policies for urea to reduce Indiasimport dependence in urea.

    Union Budget 2012-13: Budgetary

    Allocation for Rural DevelopmentRural Development and Panchayati Raj was identified as major thrust areas for the Government toensure sustainable and more inclusive growth. Both Rural development and Panchayati Raj wereemphasized upon to large extent in the Union 2012-13 presented by the Union Finance MinisterPranab Mukherjee on 16 March 2012.The Union Budget 2012-13 announced a major initiative to strengthen Panchayats across thecountry through Rajiv Gandhi Panchayat SAShaktikaran Abhiyan (RGPSA).

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    Swarnajayanti Gram SwarojgarYojana (SGSY) was restructured into National Rural LivelihoodMission (NRLM) to provide self employment opportunities. Pranab Mukherjee proposed to increasethe allocation of NRLM by over 34 percent to Rs. 3915 crores in 2012-13.

    Budgetary Provisions for Rural Development & Panchayati Raj

    Budgetary allocation for rural drinking water and sanitation increased from Rs 11000 crore to Rs14000 crore marking an increase of over 27 per cent. The Union Budget 2012-13 proposed increase in allocation for by 20 per cent to Rs.24000 crore toimprove connectivity Major initiative was proposed to strengthen Panchayats through Rajiv Gandhi PanchayatSashaktikaran Abhiyan. The budget stated the continuance of Backward Regions Grant Fund scheme in twelfth plan withenhanced allocation of Rs 12040 crore in 2012-13, thereby representing an increase of 22 per centover the budgetary expenditure of 2011-12 The Union Budget also proposed allocation under Rural Infrastructure Development Fund (RIDF) tobe enhanced to Rs 20000 crore. For creating warehousing facilities in rural areas, the Finance Minister proposed to earmark anamount of Rs. 5000 crores from the enhanced allocation of Rs. 20000 crores under Rural

    Infrastructure Development Fund (RIDF).

    Union Railway Budget 2012-13: AnalysisThe Union Railway Budget 2012-13 was presented in the Lok Sabha on 14 March 2012 by UnionRailway Minister Dinesh Trivedi. While preparing the budget he drew heavily from therecommendations of Kakodkar committee on railway safety and Pitroda committee on modernizationof infrastructure. Based on the recommendations of the two committees, Trivedi zeroed on five focusareas: Track; Bridges; Signaling & Telecommunication; Rolling Stock; Stations & freight Terminals.The emphasis on the focus areas would eventually lead to strengthening of the basic infrastructureof Indian Railways resulting in safety, decongestion, capacity augmentation and modernization of

    system, creating more efficient, faster and safer railways.

    Summarising the Budget

    Dinesh Trivedi took oath as Minister of Railways on 12 July 2011 immediately after the unfortunaterail accident at Fatehpur Malwa near Kanpur on 10 July, 2011. The Union Railway Budget 2012-13was thus designed with special emphasis on Railway Safety. He seized the opportunity to announcethat commitment made in 2001 to reduce accidents per million train km from 0.55 to 0.17 has beenachieved.

    Considering the overall parameters set out in Vision 2020 document, the budget stated that a hugesum of Rs 14 lakh crore is required in the next ten years. The total union budget outlay for 2012-13stood at Rs 60100 crore.

    Informing that 40% of the consequential train accidents, involving 60% to 70% of the total casualtiesoccur at unmanned level crossings, he decided to set up a Special Purpose Vehicle (SPV) namedRail-Road Grade Separation Corporation of India with an objective to fast track elimination of levelcrossings in the next five years.

    The decision to set up a committee to examine the current standards of safety on Indian Railwaysand to suggest suitable benchmarks and safety protocols were also announced.

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    By way of initiating a long term approach to safety and in line with recommendations of theCommittee, I propose to set up an independent Railway Safety Authority as a statutory regulatorybody. The functions of the Authority are to be chalked out in line with international practices.

    In tune with the recommendations of the Expert Group for Modernisation of Indian Railways whichsuggested following of a Mission Mode' approach, the budget announced the formation of Missions

    headed by Mission Directors in each of the identified areas for a three year term. Also, a High LevelCommittee is to be set up to facilitate coordination amongst the Missions, fast-track implementation,and address bottlenecks.

    Union Railway Budget adopted a Multi-pronged Approach

    The Union Railway Budget proposed a multi-pronged approach with an objective to build a new, safeand modern, passenger and freight transportation system which would contribute at least 2 to 2.5%to the GDP of the nation as against less than 1% at present. Multi-pronged approach focused on:Safety; Consoliation; Decongestion & Capacity Augmentation; Modernization; To bring down theOperating Ratio from 95% to 84.9% in 2012-13 and to 74% in the terminal year of 12th Plan

    Areas of Focus

    The Union Railway Budget 2012-13 announced a number of new passenger services keeping inview the needs and aspirations of the people. 75 new Express trains, 21 Passenger trains, 8 newMEMU services and 9 DEMU services were proposed. Also it was proposed to extend the run of 40trains and increase the frequency of 23 trains.

    The fares were raised in the budget. The fares were raised 2 paise per km for suburban and ordinarysecond class. Fares for mail express second class was raised by only 3 paise per km; for sleeperclass by only 5 paise per km; for AC Chair Car, AC 3 tier & First Class by only 10 paise per km; AC 2Tier by only 15 paise per km; and AC I by only 30 paise per km. Corresponding rationalisation inminimum distance and fare chargeable in various classes was also proposed.

    It was also decided to incorporate a rounding off mechanism in the fare structure to address theproblem passengers face at the ticket windows because of non-availability of loose change.

    Investment proposed by Railways

    The 12th Plan investment proposed by Railways at Rs 7.35 lakh crore up from the investment duringXI Plan of Rs 1.92 lakh crore. The required resources for the plan are proposed to be met by:-

    i. Gross Budgetary Support of `2.5 lakh crore;ii. Government support for national projects of `30,000 crore;iii. Ploughing back of dividend of 20,000 croreiv. Internal Resources of `1,99,805 crorev. Extra Budgetary Resources of `2,18,775 crore

    vi. Railway Safety Fund of `16,842 crore.

    The budget put forth a demand for additional funding assistance of about Rs 5 lakh crore under thePradhan Mantri Rail Vikas Yojana from the government

    The Wide-angle View

    The Union Railway Budget proposed a progressive shift to flash butt technology for welding ofrails, progressive use of 60 kg rails instead of 52 kg, provision of thick web switches at points &

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    crossings, mechanised maintenance with the latest track machines and increased frequency ofultrasonic testing of tracks.

    Plan to modernize nearly 19000 km track through renewals, upgradation of track, replacement andstrengthening of 11,250 bridges to run heavier freight trains of 25 tonne axle load and to achievepassenger train speeds of 160 kmph and over was proposed in the budget. The estimated

    expenditure of Rs 63212 crore was proposed for the same.

    Signalling system on Indian Railways will be modernized with the provisioning of advancedtechnological features. Panel/Route Relay Interlocking covering 700 more stations by 2014 wasproposed as a part of the modernization of the signaling system. Provisioning of Train Protection &Warning System (TPWS), which ensures automatic application of brakes whenever a driver over-shoots a signal at danger, thereby eliminating chances of collision of trains was also proposed.

    The total cost of various signalling and telecom works was estimated to be Rs 39,110 crore in thenext 5 years. The railway budget proposed to provide Rs 200211 crore in 2012-13, which is morethan double the allocation of the current year and the highest ever.

    Upgradation of coaches including EMU coaches, locomotives and wagons was noted to be one of

    the key areas of modernization during the next 5 years for improving safety and convenience &comfort of passengers. The highest ever allocation of Rs 18,193 crore was proposed for the 12thfive year plan for the purpose of upgradation.

    In the areas of Stations and Freight Terminals, Trivedi proposed to set up a separate organisationnamely Indian Railway Station Development Corporation, which will redevelop the stations andmaintain them on the pattern of airports.

    Creation of Logistics Corporation for development and management of existing railway goodssheds and multimodal logistics parks

    Proposal to undertake surveys and feasibility studies for developing coaching terminals at Nemamand Kottayam in Kerala, Mau in Uttar Pradesh and Dankuni in West Bengal during 2012-13, besidesundertaking a pre-feasibility study for development of Roypuram station in Tamil Nadu was stated inthe Union Railway budget 2012-13.

    The Union Railway budget 2012-13 proposed to allocate about Rs 4410 crore to capacityaugmentation works.

    To recognize the efforts of the dedicated railway workforce the budget suggested benefits in theform of improvements at work places, better housing facilities, improved service at hospitals andother facilities. Accordingly, allocation of Rs 717 crore in the current year has been almost doubledto Rs 1388 crore in 2012-13.

    The Union railway proposed to electrify 6500 route kilometers during the 12th Plan period. This

    would include electrification of Udhampur-Srinagar-Baramulla line and hence provide pollution freetraction to the pristine Kashmir Valley. An allocation of Rs 828 crore has been provided in 2012-13.Propulsion System for use in high power electric locomotive was proposed to be introduced.

    Union railway Minister proposed to raise the allocation under passenger amenities from Rs 762crore in 2011-12 to Rs 1102 crore in 2012-13. A slew of passenger and other user friendly measureswere proposed during 2012-13. To facilitate easy movement of passengers, installation of 321escalators at important stations of which 50 will be commissioned during 2012-13 were proposed.He also proposed integration of the RPF Helpline with the All India Passenger Helpline to facilitate

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    much faster response to the security needs of passengers.

    Initiative to start manufacturing especially designed coaches having earmarked compartments andtoilets adapted to the needs of wheel chair borne/differently-abled person was a prime focus of theUnion Railway Budget. The Union budget proposed to set up a factory at Shyamnagar in WestBengal on PPP basis for manufacture of next generation technology and also proposed to utilize and

    augment the electric loco Ancillaries Unit of CLW being set up at Dankuni for fabrication oflocomotive shells. Several measures were initiated/ proposed to promote clean environment.

    On the occasion of the 175th Birth Anniversary of Rishi Bankim Chandra Chattopadhyay, proposesetting up of a Coaching Terminal to be named after him at Naihati. Also it was decided that aspecial train would run across the country to disseminate his legacy to the young generation.Institution of a Rail Khel Ratna Award was also proposed to honour 10 sports-persons every year,based on their current performance. The awardees would be provided world class training to honetheir skills further.

    Economic Survey 2011-12: AnalysisThe Economic Survey was tabled by the Union Finance Minister Pranab Mukherjee on 15 March2012. Indian economy was estimated to grow by 6.9% in 2011-12 mainly due to weakening industrialgrowth. The Survey stated that despite dip in the economic growth India remains among the fastestgrowing economies of the world. Countrys sovereign credit rating was stated to have risen by asubstantial 2.98 percent in 2007-12.

    The Survey highlighted the slowing down of the global economy as a prime reason for the dip inIndian economic growth. The global economy became adverse in September 2011, owing to theturmoil in the euro-zone countries. The slowdown was reflected in sharp ratings downgrades ofsovereign debt in most major advanced countries. While a large part of the reason for the slowing ofthe Indian economy was attributed to global factors, domestic factors also played role.Analysis

    The slowdown in Indian economy was attributed largely to weakening industrial growth. Theindustrial sector has performed poorly, retreating to a 27% share of the GDP.

    The services sectorhowever continued to be a star performer as its share in GDP climbed from58% in 2010-11 to 59% in 2011-12 with a growth rate of 9.4%. Agriculture and allied sectors wereestimated to achieve a growth rate of 2.5% in 2011-12. Agriculture & allied sectors were areestimated to achieve a growth rate of 2.5% in 2011-12 with foodgrains production likely to cross250.42 million tones as a result of increase in the production of rice in a number of states.

    Overall growth during April-December 2011 reached 3.6% compared to 8.3% in the correspondingperiod of the previous year.

    The fiscal 2011-12 was marked by a sharp depreciation of the Indian rupee. In the current fiscal2011-12, on month-to-month basis the rupee depreciated by 12.4 per cent from 44.97 per US dollarin March 2011 to 51.34 per US dollar in January 2012. Rupee reached a peak of 43.94 on 27 July 272011 and lowest at 54.23 per US dollar on 15 December 2011 indicating a depreciation of 19 percent. The RBI was required to sell dollars twice in the fiscal to help raise the value of the rupee.

    Also in 2011-12 Indias external debt stock increased by US $ 20.2 billion (6.6 per cent) to US $326.6 billion at end-September 2011 vis--vis US $ 306.4 billion at end-March 2011, primarily due tohigher commercial borrowings and short-term debt.

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    Inflation as measured by the wholesale price index (WPI) remained high during greater part of2011-12 fiscal, though by year end a noticeable slowdown in price rise was registered. Foodinflation, in particular came down significantly. RBI adopted stringent monetary policies to controlinflation as well as curb inflationary pressures. The high rate of interest established by the centralbank lowered growth rate of investment in the economy as the sharp increase in interest rates

    resulted in higher costs of borrowings and other rising costs affecting profitability.

    Economic Survey 2011-12 stated that Indias foreign trade performance will remain a key driver ofgrowth in the coming fiscal 2012-13. During the first half of 2011-12, Indias export growth was40.5%, but it failed to remain high for the entire fiscal. Imports grew rapidly, by 30.4% during 2011-12 (April-December). Indias Balance of Payments widened to $ 32.8 billion in the first half of 2011-12, compared to $29.6 billion during the corresponding period of the earlier fiscal 2010-11.The foreign exchange reserves increased from US $ 279 billion at end March 2010 to US $ 305billion at end March 2011. Reserves were found to vary from an all-time peak of US$ 322.2 billion atend August 2011 and a low of US $ 292.8 billion at end-January 2012.

    Wholesale Price Index (WPI) which remained persistently high throughout 2011 due to increasingglobal commodity prices and high crude prices began to moderate and it is expected to touch 6.5 to

    7 percent by March 2012. Economic Survey 2011-12 observed that in 2011-12 the gap between WPIand CPI inflation narrowed due to sharp fall in food inflation. CPI-IW inflation, after remaining insingle digit from August 2010 to August 2011, briefly touched double digits at 10.1 percent inSeptember 2011. It however came down to 6.5 percent in December 2011.

    The banking sector- public and private showed impressive increase in priority sector lending. TheEconomic Survey 2011-12 underlined the fact that flow of agricultural credit was highly impressive.The Indian banking system disbursed credit of Rs 446779 crore to the agricultural sector as againsta target of Rs 375000 crore in-2010-11.

    The Labour Bureau conducted twelve quarterly quick employment surveys to assess the impact ofthe economic slowdown on the employment sector. The surveys indicated an upward trend inemployment since July 2009 was maintained. Overall employment in September 2011 overSeptember 2010 increased by 9.11 lakh, with the highest increase recorded in IT/BPO (7.96 lakh)sector.

    The coverage under the MGNREGA consistently increased from 4.51 crore households during2008-09 to 5.49 crore households during 2010-11 with averaged employment of 47 persondays perhousehold. Average wage increased from Rs 65 in 2006-07 to Rs. 100 in 2010-11. The Surveystated that to strengthen transparency and accountability in the implementation of the MGNREGA,the Government initiated a service delivery project for Information and Communication Technology(ICT) and biometrics related works of the MGNREGA on PPP basis.

    The performance of broad sectors and sub sectors in key infrastructure areas in 2011-12 was bothgood and bad. Whereas there was improvement in growth in power, petroleum refinery, cement,

    railway freight traffic, passenger handled at domestic terminals and upgradation of NHAI, coal,natural gas, fertilizers, handling of export cargo at airports and number of cell phone connectionsshow negative growth. Steel sector witnessed moderation in growth.

    Forecasts

    The real GDP growth is expected to pick up to 7.6% in 2012-13 and 8.6% in 2013-14 as per thesurvey. Pranab Mukherjee predicted 7.6% GDP growth in 2012-13. As per the survey, given thatfiscal consolidation is back on track, savings and capital formation should is likely to start rising. Also

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    the RBI policy rates are expected to be reduced in the back of easing of inflationary pressures. Thelowered interest rates will encourage investment activity and have a positive impact on growth.These projections were all made on the basis of assumptions regarding factors like normalmonsoons, reasonably stable international prices, particularly oil prices, and global growth. Theprogressive deregulation of interest rates on savings accounts is expected to raise financial savingsand thus improve transmission of monetary policy.

    Survey Suggestions

    Sustainable development and climate change were recognized by the survey as central areas ofglobal concern. The Survey suggested need to examine the linkages and trade-offs between policyrate changes and inflation in the Indian context, for better calibration of monetary policy.

    The Economic Survey 2011-12 stated that it was essential to make lower carbon sustainable growtha central element of our Twelfth Five Year Plan commencing in April 2012.

    In Conclusion

    The Economic Survey in conclusion mentioned that India is more closely integrated with the world

    economy as its share of trade to GDP of goods and services tripled between 1990-2010. The extentof financial integration, measured by flows of capital as a share of GDP also increased leading to anexpansion of Indias role in the world economy.

    Posted byRaghu at10:15 PM0 commentsLinks to this postLabels:ECONOMY

    Additional 96 Non-Executive posts in Group IIAPPSC has announced an additional 96 posts under Non executive category

    Executive Posts: 119

    Non-Executive Posts:502 (previous - 406 posts)

    Online submission is scheduled between 27/04/2012 to 27/05/2012 and Written

    Examination will be held on 15/07/2012.

    Executive Posts: 119posts

    1. Asst. Commercial Tax Officer in A.P. Commercial Taxes Sub-Service: 41posts

    Qualification: A Bachelors Degree from any recognized University in India established or

    incorporated by or under Central Act, Provincial Act, a State Act or an Institution recognized bythe U.G.C. or an equivalent qualification

    2. Assistant Labour Officer in A.P. Labour & Employment Sub-Service: 42posts

    Qualification: A Bachelors Degree from any recognized University in India established or

    incorporated by or under Central Act, Provincial Act, a State Act or an Institution recognized by

    the U.G.C. or an equivalent qualification

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    3. Executive Officer Grade-I in A.P. Endowments Sub-Service: 31posts

    Qualification: A Bachelors Degree from any recognized University in India established or

    incorporated by or under Central Act, Provincial Act, a State Act or an Institution recognized by

    the U.G.C. or an equivalent qualification

    4. Assistant Development Officer in A.P. Handlooms and Textiles Sub- Service:

    05posts

    Qualification: A Bachelors Degree from any recognized University in India established or

    incorporated by or under Central Act, Provincial Act, a State Act or an Institution recognized by

    the U.G.C. or an equivalent qualification. (OR) Must posses a Diploma in Textile Technology or a

    Diploma in Handloom Technology issued by the A.P. State Board of Technical Education or an

    equivalent qualification.

    For more detailsClick herePosted byRaghu at8:12 PM0 commentsLinks to this postLabels:APPSC GROUP-2

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