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Women Reservation Bill

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( 3 Votes )

Empowering the woman..... or is it so?

The women's reservation bill reserving one-third seats for women in Parliament and state legislatures has got through the Rajya Sabha but it has polarised politics and civil society. It may be the most consequential act of lawmaking since independence.

It may make for great politics for one leader after the other to give sound bites on the bill but that does not take away from the fact that it is the easy way out for a nation which 62 years after independence has failed to give its citizens (read women) the wherewithal to grab their due without reservation.

How far will women’s reservation empower women and the society? There are questions on its provisions as they have been reported. The bill seeks to bring more women into parliament by reserving seats.

While this widens the choice for the voter by putting women leaders into circulation it also decreases the choice of candidates for voters in reserved constituencies.

It has to be seen how the bill balances these concerns.

Then there are details like rotation of reserved seats. If a seat is reserved for the next round of elections, what incentive will the sitting (male) member have to nurture the electorate? Will one term of reservation be sufficient for the women members to fight the next election by themselves?

There are doubts on whether women who do make it to the parliament on the strength of reservations would be ‘representative’ enough. The “quota within a quota” only partly and unhelpfully flags this issue.

The “representative” character of the male candidates who are elected year after year is not questioned with the same vehemence. Yet one cannot ignore the fact that money power and nepotism rule in candidate selection. Is the bill going to remedy that? If we have a woman representative who is elected through the same creaky electoral machine that relies on black money, backroom deals and influence peddling then is she going to be different from the existing elected representatives?

Is being a woman enough to “represent” women? In the absence of meaningful inner- party democracy and electoral reforms, is the bill just going to window-dress the republic?

Nevertheless, there are those who root for the passing of the bill. The feminist movement nearly disappeared after women had received the right to vote. During the mid-1900's, however, increasing numbers of women entered the labour force. They found that many high-paying jobs were closed to them. Feminist groups fought to end educational and job discrimination against women. Large numbers of women entered law, medicine, politics, business, and other traditionally male fields. Feminists worked for wider availability of birth control information and legalized abortion in some countries. They also called for men and women to share child care and other family responsibilities.

In parts of the country women have been compelled to commit suicide against the male charges of witchcraft. Many innocent women and girls are exploited in acts and activities of human trafficking conducted by their male counterparts. These weaknesses are due to their marginal role in policy making programmes.

Throughout history, many societies have held women in an inferior status as compared to that of men. Women's lower status was often justified as being the natural result of biological differences between the sexes. In many societies, for example, people believed women to be naturally more emotional and less decisive than men. Women were also held to be less intelligent and less creative by nature. But research shows that women and men have the same range of emotional, intellectual, and creative characteristics.

Many sociologists, psychologists and anthropologists view that various cultures have taught girls to behave according to negative stereotypes (images) of femininity, thus keeping alive the idea that women are naturally inferior. The socialization of men and women are done according to their sex. The entry of women in every field, establishing their identity and making a mark in every sphere can help to provide a better place in society for them.

But then one can say there are other linked issues to question the bill too.

Any self-respecting woman would want to be where she is because she deserves to be there, not because of her gender. If the state has failed to bring women to that level, then there is hardly anything reservation can achieve.

That could be in the form of the Laadli scheme that the Delhi government started for girl children of families with annual income of below one lakh — the government pays certain amounts of money linked to the girl’s educational progress so that by the time she is ready to go to college there is a corpus of Rs 1 lakh available to her — or CBSE’s scholarship scheme for the single girl child or any other forms of incentive to encourage families to give the same kind of facilities to girls as they give to boys.

Reservation is an acknowledgment of the failure of the state and the political system represented by the likes of some leaders who talk social justice and gender injustice in the same breath.

How much impact will the bill really make and on which side of the scale, only time will tell.

 

Acknowledged Sources:

IBN

Times of India

Reuters

Meri News

Cricket | Major Records

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( 4 Votes )

We have observed that in many recent exams, there were questions from cricket. Most of the questions revolved around records, personal achievement of cricket players, famous milestones etc.

 

We would advise all of you to keep an eye on the current matches being played and note down the records created and milestones achieved by famous players.

Here is a list of some important records.

 

Sachin Tendulkar’s Records (as on Feb 24, 2010)

Highest ODI Runs: 17598

Highest Individual Score: 200*

Highest 100s: 46

Highest 50s: 93

Highest partnership: 338 (with Rahul Dravid)

ODI Records (as on Feb 24, 2010):

1. Highest individual score

Rank    Runs    Player  Match   Venue  Season

1          200*      India Sachin Tendulkar            India v South Africa     Gwalior            2010

2          194*      Zimbabwe Charles Coventry     Zimbabwe v Bangladesh          Bulawayo         2009

3          194       Pakistan Saeed Anwar  Pakistan v India           Chennai           1997

4          189*      West Indies Cricket Board Vivian Richards       West Indies v England Manchester      1984

2. Highest innings Totals (>400 Runs)

Rank    Score   Teams  Venue  Season

1          443-9 (50 overs)            Sri Lanka v Netherlands           Amstelveen      2006

2          438-9 (49.5 overs)         South Africa v Australia           Johannesburg  2005-06

3          434-4 (50 overs)            Australia v South Africa           Johannesburg  2005-06

4          418-5 (50 overs)            South Africa v Zimbabwe         Potchefstroom 2005

5          414-7 (50 overs)            India v Sri Lanka          Rajkot  2009

6          413-5 (50 overs)            India v Bermuda           Port of Spain    2007

7          411-8 (50 overs)            Sri Lanka v India          Rajkot  2009

8          402-2 (50 overs)            New Zealand v Ireland  Aberdeen         2008

9          401-3 (50 overs)            India v South Africa     Gwalior            2010

3. Lowest innings totals

Rank    Score   Teams  Venue  Season

1          35 (18 overs)     Zimbabwe v Sri Lanka  Zimbabwe        2004

2          36 (18.4 overs)  Canada v Sri Lanka      Sri Lanka         1975

3          38 (15.4 overs)  Zimbabwe v Sri Lanka  Sri Lanka         2001

4          43 (19.5 overs)  Pakistan v West Indies Australia          1993

5          44 (24.5 overs)  Zimbabwe v Bangladesh          Bangladesh      2009

4.Most Centuries in ODIs

Rank    Centuries         Innings            Player  Period

1          46         431       Sachin Tendulkar         from 1989 to -

2          29         340       Ricky Ponting  from 1995 to -

3          28         444       Sanath Jayasuriya        from 1989 to -

4          22         311       Sourav Ganguly           from 1992 to 2008

5          21         246       Herschelle Gibbs          from 1996 to -

5. Highest partnerships

Rank    Runs    Players Opposition       Venue  Season

1          338 (2nd wicket)           Sachin Tendulkar & Rahul Dravid         v New Zealand  Hyderabad        1999

2          318 (2nd wicket)           Rahul Dravid & Sourav Ganguly           v Sri Lanka       Tonton 1999

3          274 (1st wicket) James Marshall & Brendon McCullum  v India  Aberdeen         2008

Union Budget 2010

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( 7 Votes )
On February 26, 2010, Finance Minister Pranab Mukherjee presented a Budget that broadly focused on fiscal stabilization. The Union Budget was presented at a time when the Indian economy was on the path of revival and almost all demand indicators had turned significantly positive. Investment and consumption demand was also on a revival mode. The buoyancy in the manufacturing sector and uptick in import and export were also working well for economic growth prospects.
a
In the current economic scenario, what was required from the Budget was a further push for consumption and investment. The Budget announcements have tried to do just that.
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The continued thrust on agriculture, infrastructure and rural development will unlock much of the economic growth potential in the medium-term. Along with maintaining the focus on broad based growth, the Budget has also addressed concerns on the fiscal deficit front.
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Given that overall demand in the economy is still firming up, it is unlikely that the 2% hike in excise duty will be passed on, thus mitigating any immediate inflationary concerns. Also, the focus on improving food security should aid in containing food price inflation. It remains to be seen, however, how the increase in excise duty for petrol and diesel pans out in terms of its impact on inflation.
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The corporate sector was slapped with a higher minimum alternate tax (MAT) at 18 per cent, in comparison to 15 per cent earlier. However, the reduction in surcharge by 2.5 percentage points to 7.5 per cent will offset much of the higher MAT impact.
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On the reforms' front, Mr Mukherjee accepted the 13th Finance Commission’s recommendations on the suggested tax-sharing formula with States, but decided to wait for a status paper to study the implications of the Commission’s proposal on capping the government’s combined debt at 68 per cent of GDP. He also deferred announcing the roadmap for the introduction of a goods and services tax (GST) to April 2011, bas also the implementation of the Direct Taxes Code.
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On the crucial question of implementing oil pricing reforms, as suggested by the Kirit Parikh Committee report, the Finance Minister put the ball in his colleague Murli Deora’s court, saying the petroleum minister would take an appropriate decision in due course.
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In the financial sector, the Finance Minister proposed that private players would be considered for some additional licenses for banks and non-banking finance companies, subject to the fulfilment of the Reserve Bank of India’s eligibility criteria. He also allocated over Rs 16,500 crore to ensure that public sector banks are able to attain a minimum eight per cent Tier-I capital by March 2011.
a
On the expenditure side, the Finance Minister provided generous allocations for the rural development and social sectors. Total plan expenditure is slated to go up 18 per cent to Rs 3.73 lakh crore, while the Centre’s budgetary support would go up by a higher margin of 22 per cent to Rs 2.8 lakh crore. Agriculture, too, received special attention with a four-pronged strategy that focused on agricultural production, reduction in wastage, credit support to farmers and a thrust on the food processing sector.
Effect on Direct Taxes
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• Those falling under the tax slab of up to Rs 1.6 lakh now do not have to pay any tax. From Rs 1.6 lakh to Rs 5 lakh the tax rate is at 10 per cent; Rs 5 lakh to Rs 8 lakh at 20 per cent; and income above Rs 8 lakh will be taxed at 30 per cent.
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• To promote savings, deduction of an additional amount of Rs 20,000 has been allowed, over and above the existing limit of Rs 1 lakh on tax savings, for investment in long-term infrastructure bonds notified by the Central government.
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• Apart from contributions to health insurance schemes currently allowed as a deduction under the Income-tax Act, contributions to the Central Government Health Scheme will also be allowed as a deduction.
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• The current surcharge of 10 per cent on domestic companies has been reduced to 7.5 per cent. Minimum Alternate Tax (MAT) has been increased from 15 per cent to 18 per cent of book profits.
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• To encourage R&D, the weighted deduction on expenditure incurred on in-house R&D has been enhanced from 150 per cent to 200 per cent.
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• Limits for turnover over which accounts need to be audited have been enhanced to Rs 60 lakh for businesses and to Rs 15 lakh for professions.
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• Limit of turnover for the purpose of presumptive taxation of small businesses has been enhanced to Rs 60 lakh.
Effect on Indirect Taxes
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• Rate reduction in central excise duties has been partially rolled back and the standard rate on all non-petroleum products enhanced from 8 per cent to 10 per cent ad valorem.
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• Excise duty on large cars, multi-utility vehicles and sports-utility vehicles has been increased from 20 per cent to 22 per cent.
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• The basic duty of 5 per cent on crude petroleum, 7.5 per cent on diesel and petrol, and 10 per cent on other refined products has been restored. Central excise duty on petrol and diesel has been enhanced by Re 1 per litre each.
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• Excise duty on all non-smoking tobacco such as scented tobacco, snuff, chewing tobacco etc has been enhanced.
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• Certain services, hitherto untaxed, are being brought within the purview of Service tax, which include health checkups, services by electricity exchanges, services of sponsorship of sports, services of promoting of a "brand" of goods, services and events, amongst others. However accredited news agencies which provide news feed online and meet certain criteria have been exempted from service tax.
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• Refrigeration units required for the manufacture of refrigerated vans or trucks will be fully exempt from customs duty. Specified equipment for preservation, storage and processing of agriculture and related sectors will be exempt from Central excise.
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• To build the corpus of a National Clean Energy Fund, a clean energy cess on coal produced in India, at a nominal rate of Rs 50 per tonne, will be levied. This cess will also apply to imported coal.
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• Monorail projects for urban transport will be granted project import status and be charged a concessional basic duty of 5 per cent.
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Income-tax management simplified
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In 2010-11, the salaried can look forward to easy tax filings. The new Saral-II form,which will only have two pages, will ease tax filing pains. It has been decided to phase-out the current, cumbersome form, 2F.
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Tax-payers can also look forward to less interaction with the tax authorities, thanks to the computerisation and modernisation of the Income Tax Department. TheCentralised Processing Centre at Bengaluru is fully functional and is currently processing around 20,000 returns a day. Tax experts say that such systems will make the audits more computerised and free from the control of any individual assessing officer.
a
The government has also introduced a pilot project, called ‘Sevottam’, to provide single window system for registration of all applications, including those for redressal of grievances, as well as paper returns. Currently, the scheme is on in Pune, Kochi and Chandigarh. Four more centres will be added in 2010-11.
Fiscal Consolidation Plan
a
In line with the recommendations of the 13th Finance Commission, Mr Pranab Mukherjee presented a roadmap for fiscal consolidation and set the fiscal deficit target at 5.5 per cent of the gross domestic product (GDP) for 2010-11. He also moved towards a transparent fiscal accounting system by including expenses due to oil and fertilizer subsidies as liabilities (of 2008-09) and cash subsidy in 2009-10, and stated the deficit for 2009-10 to be at 6.9 per cent of GDP, as against a comparable figure of 7.8 per cent of GDP in 2008-09. The target of 5.5 per cent for 2009-10 includes expenses on account of oil and fertilizer subsidies.
a
The actual net borrowing of the government in 2010-11 would be Rs 3,45,010 crore. The revenue deficit is also expected to show significant decline to 4 per cent of GDP from 5.3 per cent in 2009-10. The fiscal consolidation plan would be met through the availability of disinvestment proceeds and an overall reform in the expenditure management of the government including subsidies.
a
For 2009-10, the fiscal deficit was revised downwards to 6.7 per cent, from a projected target of 6.8 per cent. The fiscal deficit for 2009-10 is the widest deficit in the last two decades. In absolute terms, however, the fiscal deficit for 2009-10 was revised up by 3.25 per cent to Rs 4,14,041 crore from a target set at Rs 4,00,996 crore. For 2010-11, the fiscal deficit in absolute terms is estimated to be at Rs 3,81,408 crore.
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Such an increase in fiscal deficit in absolute terms is on account of lower revenue receipts in the current fiscal, even as expenditure more or less met the targets. In proportion to GDP, the revenue deficit increased to 5.3 per cent, up from an earlier projection of 4.8 per cent.
a
With the government’s focus shifting to fiscal consolidation and tightening expenditure,it expects to spend 66 per cent of total expenditure on non-plan activities during 2010-11, compared to 70 per cent in 2009-10. The main reason for this is that the burden on account of Sixth Pay Commission report is off its back now.
a
The total government expenditure during 2010-11 would be Rs 11,08,749 crore, of which non-plan would be Rs 735,657 crore. Despite the austerity drive, the non-plan expenditure during the current year rose 15 per cent to Rs 706,371.23 crore. This was mainly on account of Rs 19,749 crore increase in subsidy payout, of which petroleum subsidy alone accounted for Rs 12,000 crore.
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The total Central Plan outlay is Rs 524,484 crore during 2010-11, as against Rs 425,590 crore in the revised estimate for 2009-10.
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The government has proposed a shift from bonds to cash for compensating the oil and fertiliser companies. The move will help in improving the cash flows of companies in both these sectors. However, the government allocated a lower subsidy of Rs 3,108 crore on petroleum products, primarily domestic LPG and kerosene, for 2010-11, compared to revised estimates of Rs 14,954 crore in 2009-10 over and above the grant of Rs 10,306 crore through bonds.
Infrastructure
a
Mr Pranab Mukherjee has allocated a large chunk of the total plan outlay of Rs 3,73,000 crore for 2010-11 to infrastructure sectors, including road, power, railway, ports and airports. To build the corpus of the National Clean Energy Fundset up earlier, he announced a cess on coal production at a nominal Rs 50 per tonne. This will be levied on imported coal, too. Around 75 per cent of the power generated in the country is coal-based.
a
In another step at cutting domestic carbon emissions, the government increased theplan outlay for the Renewable Energy Ministry by 61 per cent to Rs 1,000 crore for 2010-11. The Ministry is implementing the ambitious National Solar Mission,aimed at setting up 20,000 MW of solar power capacity by 2020.
a
Budget 2010 has also provided a concessional customs duty of five per cent for solar power generating equipment. 
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Allocations for roads and railways together were over 36,600 crore, an increase of Rs 3,300 crore. The government has targeted construction of national highways at the pace of 20 km a day.
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Disbursements of the India Infrastructure Finance Company, set up to provide long-term financial assistance, would touch Rs 9,000 crore by March 2010 and reach around Rs 20,000 crore by March 2011. 
Rural Infrastructure
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Bharat Nirman, the six-fold action plan for rural infrastructure development, charted out in 2006 by the then UPA government, will enter the second year of its second phase with Rs 48,000 crore, with the bulk of the increase going to rural electrification, housing and roads.
a
The umbrella scheme, which has a clutch of six different programmes under it, had entered the second phase in 2009 with an allocation of Rs 40,900 crore. In 2010 it has gone up to Rs 48,000 crore.
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The main areas covered under it are roads, houses, drinking water, irrigation, telephony and electricity in rural areas. The budget for the first phase was Rs 1,74,000 crore. But in the second phase, the road component alone is expected to cost Rs 1,32,000 crore, as per the Budget document.
a
The Pradhan Mantri Grameen Sadak Yojana (PMGSY), which targets to connect villages with a population of 1,000, has got an allocation of Rs 9,995 crore as against 2009-10 revised allocation of Rs 9,475 crore. The Yojana was launched on December 25, 2000 as a 100 per cent centrally sponsored scheme. But today it meets its expenses also through loans from the Asian Development Bank and World Bank.
a
In addition, an allocation of Rs 10,000 crore has been made as loan for PMGSY through the RIDF window of NABARD.
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The PMGSY was to connect 66,000 habitations in the previous four years. The target now is to reach 1,67,000 habitations at a cost of Rs 1,32,000 crore by 2012.
a
The Bharat Nirman component on housing, called Indira Awas Yojana, which was to build 6 million dwellings in the four years ending 2009, now has a target of 12 million houses by 2014. The funds for this scheme implemented by the rural development ministry have gone up from Rs 7,918 crore in 2009-10 to Rs 8,996 crore in 2010-11.
a
About Rs 5,000 crore for this scheme will be provided by the National Investment Fund.
a
The funds for rural electrification have gone up in 2010-11 with fund transfers to Rajiv Gandhi Grameen Vidyutikaran Yojana going up from Rs 3,100 crore to Rs 5,000 crore. The entire funding for the scheme is coming from the National Investment Fund.
a
The scheme was started with the aim of providing power connections to 100,000 villages and release electricity connections to 23 million rural BPL households in five years.
a
The National Rural Employment Guarantee Scheme (NREGS) will continue with its mammoth agenda of providing 100 days of work in the country’s rural areas, drawing its oxygen mainly from the National Investment Fund (NIF). A major part of the scheme’s allocation will come from the NIF for the second consecutive year. NIF draws money from disinvestment of government stake in public sector undertakings.
a
The allocation for NREGS has gone up marginally from Rs 39,100 crore in 2009-10 to Rs 40,100 crore in 2010-11. But the share of NIF component in NREGS funding has gone up from Rs 11,730 crore in 2009-10 (when the total allocation was Rs 39,100 crore) to Rs 18,768 crore in 2010-11 (against the total allocation of Rs 40,100 crore). Therefore, the government expenditure on NREGP has been declining.
a
The NIF proceeds for 2009-10, estimated at Rs 25,000 crore, will come on account of disinvestment of government stake in NHPC Ltd, NTPC Ltd, Oil India Ltd, Rural Electrification Corporation Ltd and NMDC Ltd. The NIF, which was constituted in 2009, is expected to part-fund social sector schemes till 2011-12.
a
The increased funding of Rs 1,000 crore will barely be enough to create the over 300,000 Panchayat Bhawans or Rajiv Gandhi Seva Kendras proposed by the Rural Development Ministry in every panchayat in the country, or to fund NGOs in these panchayats to help run the scheme. 
a
Meanwhile, this Budget has extended the Rashtriya Swasthya Bima Yojana (RSBY) benefits to all NREGS beneficiaries who had worked for more than 15 days during the preceding financial year.
a
The insurance coverage would be through the Rs 30 per year smart cards which would provide the entire family health insurance cover worth Rs 30,000.
Agriculture Sector
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The agriculture sector is in for a major push with an unprecedented 21.6 per cent hike in the central plan allocation to address the supply side constrains that have led to high food inflation.
a
Besides measures to boost production, stress has been laid on opening up of retail trade to reduce the wide differences between the farm gate, wholesale and retail prices. Tax sops to infrastructure have also been proposed to facilitate storage and safe handling of perishable foods until the retail points.
a
A four-pronged strategy has been mooted in the Budget to spur growth in farm production. It involves measures to raise agricultural production; reduce wastages; strengthen credit support to farmers; and lend a thrust to the food processing sector for value addition of farm produce.
a
The Central Plan allocation for 2010-11 for the agriculture and allied sectors has been raised by Rs 2,185 crore to Rs 12,185 crore. It was Rs 10,123 crore in 2009-10 (revised estimates).
a
The food supplies are proposed to be augmented by extending the Green Revolution to the eastern States of Bihar, Chhattisgarh, Jharkhand, West Bengal and Orissa and eastern-Uttar Pradesh. Rs 400 crore have been set apart for this purpose.
a
About 60,000 villages are proposed to be selected for devoting exclusive attention toproducing more pulses and oilseeds in the dry land areas through better water conservation measures. A sum of Rs 300 crore has been fixed for this scheme.
a
The 2010-11 target for total credit flow to the farm sector has been raised to Rs 3,75,000 crore from Rs 3,25,000 crore in 2009-10, to improve farmers’ access to credit. Besides, the debt waiver and debt relief scheme has been liberalized further by giving the farmers six more months, until June 30, 2010, for repaying the outstanding loans to get a concession on the interest. The interest subvention for the farmers who repay their debts in time has been stepped up from 1 per cent earlier to 2 per cent.
a
To lend impetus to the food processing sector, five more mega food parks are planned to be set up. These will be in addition to the 10 already being put up for value-addition of farm produce.
a
Service tax concessions, including exemptions, have been proposed for seed certification and transportation of cereals and pulses.
a
To sustain Green Revolution areas through conservation farming, which involves attention to soil health, water conservation and preservation of biodiversity, Rs 200 crore has been allocated for launching this climate-resilient agriculture initiative. 
Hits
Fiscal deficit contained at 5.5%.
Disinvesment target increased from Rs.30,000 crore to Rs.40,000 crore.
Curtailment on borrowings at Rs 3,81,409 crore from Rs 3,86,344 crore.
Increased focus on rural infrastructure to help in inclusive growth of economy.
Reductions in Individual tax rates to result in more disposable income for individuals.
Reduction in surcharge on domestic companies to boost bottom-line.
Decline in subsidy burden to help control fiscal deficit.
Exhibit 2: Misses for this budget.
a
Misses
Oil sector de-regulation.
Increase in MAT from 15% to 18%.
Inflation concerns ignored at cost of growth.
Food inflation left at the mercy of rainfall.
Limited measures to boost agriculture output.
Additional Rs 1,65,000 cr for bank re-capitalisation
Rs 3000 cr for agricultural impetus
Farm loan payments to be extended for six months
Fertilizer subsidy to be reduced
Rs 100 cr woman farmer fund scheme
Coal regulatory authority to be set up
Clean energy fund to be established
Interest subvention of 2% to be extended for handicrafts and SMEs
Rs 200 cr for Tamil Nadu textile sector
Interest subvention for housing loans up to 1 lacs
Allocation to defence raised to Rs 1.47 lakh cr
Defence capex raised to Rs 60,000 cr
Divestment target of Rs 25,000 cr
Rs 1200 cr assistance for drought in Bundelkhand
Rs 48000 cr for Bharat Nirman
NREGA scheme allocation raised to Rs 41,000 cr
Allocation to health Rs 22,300 cr
Allocation for school education up from Rs 26,800 cr to Rs 31036 cr
Allocation to power sector at Rs 5130 cr
Rs 10,000 cr allocated for Indira Awaas Yojna
Social Security Fund to have corpus of over Rs 1000 cr
Rs 2400 cr for MSMEs
Government to contribute Rs 1000 per month for pension security
Rs 5400 cr allocated for urban development
Rs 66100 cr allocated for rural development
Rs 1900 cr allocated for UID project
Gross tax receipts Rs 7.46 lakh cr
Government to set up National Mission for delivery of justice
15% rise in planned expenditure
Fiscal deficit target of 5.5% in FY11
Excise on all non smoking tobacco raised
Televisions to be costlier
Mobile phones to become cheaper
Cement to be costlier
Refrigerators to be costlier
Jewellery to be more expensive
Monorail granted project import status
CDs to be cheaper
Excise duty on CFL halved to 4%
Bank farm loan target: Rs 3.75,lakh crore
Nutrient based fertiliser subsidy scheme to come into force from April 1, 2010
To build 20 km of highway every day
Income tax on income upto Rs 1.6 lakh: Nil
Income tax on income above Rs 1.6 lakh and upto Rs. 5 lakh: 10 per cent
Income tax on income above Rs.5 lakh and upto Rs. 8 lakh: 20 per cent
Income tax on income above Rs. 8 lakh 30 per cent

Business News January 2010

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( 7 Votes )
Bharti Airtel has bought controlling stake in Bangladesh’s fourth biggest mobile phone operator, Warid Telecom.
a
Sanjay Kapoor has been named as the CEO for India and South Asia by Bharti Airtel. Mr Manoj Kohli, who was CEO and joint MD of Indian operations, will now head Bharti’s newly-created international business division.
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US-based investment management firm T. Rowe Price Group (TRP) has acquired a 26% strategic stake in UTI Asset Management Company (AMC), from its existing sponsors—SBI, LIC, PNB and Bank of Baroda—for Rs 650 crore.
a
British candy maker Cadbury has agreed to Kraft’s $18.9 billion buyout. Together, the group will have a leading position in Brazil, Russia, India, China and Mexico. The merger will create the world’s largest maker of chocolate and sweets.
a
French auto major Renault has launched a two-seater Twizy in India.
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Small car Nano, manufactured by the Tata group, has won Autocar India 2010’s “The Car of the year” award. The other winners in different categories are Bajaj Pulsar 135 LS (Bike of the Year), New Mercedes E-class (Best Luxury Car), Toyota Fortuner (Luxury SUV of The Year), Fiat Grande Punto (Best Design & Styling), Tata Indigo Manza (Best Value For Money Car), Maruti Suzuki India (Manufacturer of the Year).

56th National Film Awards

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( 5 Votes )
Best Film: Antaheen (Bengali)
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Best Direction: Bala for Naan Kadavul (Tamil)
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Best Popular Film Providing Wholesome Entertainment: Oye Lucky! Lucky Oye!
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Best Children’s Film: Gubbachigalu (Kannada)
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Best Film on Family Welfare: Little Zizou (English, Gujarati)
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Best Actor: Upendra Limaye for Jogwa (Marathi)
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Best Actress: Priyanka Chopra for Fashion (Hindi)
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Best Supporting Actor: Arjun Rampal for Rock On!! (Hindi)
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Best Supporting Actress: Kangana Ranaut for Fashion (Hindi)
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Indira Gandhi Award for Best First Film of a Director: A Wednesday (Hindi)
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Nargis Dutt Award (for Best Feature Film on National Integration): Aai Kot Nai (Assamese)
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Best Child Artist: Shams Patel
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Best Cinematography: Avik Mukhopadhyay for Antaheen (Bengali)
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Best Screenplay: Sachin Kundalkar for Gandha (Marathi)
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Best Art Direction: Gautam Sen for Firaaq
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Best Make-up Artist: V. Moorthy for Naan Kadauul (Tamil)
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Best Costume Design: Neeta Lulla for Jodhaa Akbar
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Best Music Direction: Ajay Atul for Jogwa (Marathi)
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Best Lyrics: Antaheen (Bengali)
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Best Male Playback Singer: Hariharan for Jogwa (Marathi)
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Best Female Playback Singer: Shreya Ghoshal for Antaheen (Bengali)
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Best Choreography: Chinni Prakash and Rekha Prakash for Jodha Akbar
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Best Audiography: Pramod J. Thomas for Gandha (Marathi)
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Best Editing: A. Sreekar Prasad for Firaaq (Hindi)
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Best Special Effects: Govardhan (Tata Elxsi) Mumbai Meri Jaan (Hindi)
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Special Jury Award/Special Mention (Feature Film): Bioscope

Republic Day Awards 2010

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( 4 Votes )
Republic Day Awards, 2010
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Padma Vibhushan: Nobel laureate of Indian origin Venkatraman Ramakrishnan, Apollo Hospitals chief Pratap Reddy, former RBI Governor Y.V. Reddy, Zohra Segal, Ebrahim Alkazi and noted Mridangam Carnatic artist Umayalpuram K. Sivaraman.
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Padma Bhushan: Music maestro A.R. Rahman, Music maestro Illaiyaraaja, Bollywood actor Aamir Khan and controversial Indian origin businessman Sant Singh Chatwal, Prime Minister Manmohan Singh’s cardiac surgeon R.M. Panda, eminent neurosurgeon Satya Paul Agarwal, prominent industrialist from Punjab S.P. Oswal, Manvinder Singh Banga, eminent journalist Fareed Zakaria and real estate czar K.P. Singh were among the 43 winners.
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Padma Shri: Cricketer Virendra Sehwag, hockey player Ignace Tirkey, Formula One driver Narain Kartikeyan, badminton star Saina Nehwal, boxer Vijender Singh, Sachin Tendulkar's 'guru' Ramakant Achrekar, Yesteryear Bollywood diva Rekha, Oscar winner sound recordist Resul Pokutty and actor Saif Ali Khan were among 83 winners.
Bravery Awards, 2010
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Kirti Chakra: Rukhsana Kausar and her brother Aijaz Ahmad have been awarded the second highest gallantry award in peacetime, for their act of bravery in killing a Lashkar-e-Taiba (LeT) commander in their Morha Kalsi village in Jammu and Kashmir in 2009.

Major happenings of 2009

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International News 2009

Climate Conference in Copenhagen 6 to 18 December 2009

Karzai sworn in for second term afghan president

GCC population seen growing to 53 million by 2020

7.7 quakes shake north Chile

Sri Lanka military chief 'quits' G

SK Donates 50 Million H1N1 Doses to WHO

Germany marks anniversary of anti-Semitic program

Earthquake rocks southern Iran

ASEAN Summit 2009

Global population to reach seven billion by 2011

Obama Wins Nobel peace prize 2009

Kabul's Indian Embassy attacked

Al-Qaida calls for holy war against China

China celebrates its 60th anniversary

Afghan Presidential election

US largest supplier of arms in 2008

Powerful earthquake kills 57 in Indonesia

Angry student throws acid on professor in Vietnam

Miss Venezuala win Miss Universe 2009 title

Michael Jackson is Dead

Air France 447 jet Crash

Racial attack in Australia

LTTE chief Prabhakaran's body found

Escaped Bali Terror Suspect Is Caught in Malaysia

Obama gets a 'B+ grade' for his presidency

Over 150 people died due to Swine flu in Mexico

6 killed in murder-suicide bid in US

Titanic museum to open in UK

LTTE loses Mullaithivu

Bush gets attacked by shoes in Iraq

Israel attacks Gaza

National News 2009

Sheikh Hasina chosen for Indira Gandhi Peace Prize

India retains 84th position among the world’s most corrupt nations

India second worst terror-hit country, says NGO

K.R. NarayananAward for the Hindu Chief Editor N. Ram

Madhu Koda discharged, summoned by ED India

Sweden to sign MOU on environment

Brave Rukhsana appointed as special cop

Radhakrishnan takes over as new ISRO chief

Dorjee Khandu became new chief minister of Arunachal Pradesh

A.R.Rahman wins Ghent Award

Test fires nuclear-capable Prithvi-II missile

India can hold 2010 Games: CWG Officials

US announce $100,000 aid for India's flood victims

Dolphin is national aquatic animal

Major Floods in Andhra and Karnataka

Air India Strike Chandrayaan-1 Not A Failure, Finds Water on Moon

Six European satellites launched by India

Earthquake in North Eastern Region of India

Problems in BJP party

Andhra CM YSR died in a chopper crash

Mumbai TV actress arrested for abusing minor

Indian Navy jet crashes, pilot feared dead

Bhindra honored with Rajiv Gandhi Award

Businessman buys Gandhi's home, plans for museum

Rajmata Gayatri Devi laid to rest

Class X girl selected for NASA training

PM launches India's first nuclear submarine

Bill Gates to receive Indira Gandhi Peace Prize

India's first sea bridge

Union minister threatens HC judge to grant bail

Government to make class X examination optional

Air Force AN-32 aircraft Crash

Family donates their dead son's organs to 7 people

Oz Racial attack: AP student battling for life

Congress' victory, credit to Sonia's inner voice

UPSC results: Women on top, 791 succeeded

River Ganga still reels under Pollution

Girl dies due to asthma in Delhi School

Satyam bidding Completed: Tech Mahindra wins bidding

Parents protest fee hike in schools

Tata Nano The People's Car Launched

Modi minister held in post-Godhra riot case

Varun guilty; EC asks BJP not to field Varun

Satyam fraud

Mangalore Pub Attack

Railway Budget 2009

Demonstrations against Valentine's day

Sports 2009

Maradona fined and banned for foul-mouthed tirade

Novak Djokovic wins Paris Masters

Bhupati and Paes exit Paris Masters in 2nd round

Golden whistle for Indian Hockey umpire

American swimmer Peter Marshall beats own 50 backstroke world record at short-course meet

Australia win series against India

Murray beats Youzhny to win Valencia Open tennis

Pankaj Advani wins bronze in Asian Indoor Games

Indoor Asian Games: India win 2 gold on final day, end at 7th place

Schiavone wins women's Kremlin Cup final

Davydenko beats Nadal to win Shanghai Masters

Australia wins Champions Trophy 2009

India wins Compaq Cup 2009

Clisters Wins over Serena Williams in U.S Open

England Win the Ashes Series 2009

Sania Mirza clinches Lexington Challenger title

Roger Federer and wife are proud parents of twins

Sania & Sohrab exchange rings amid tight security

Federer Wins a record 15th Grand Slam Title

Sushil Kumar wins gold medal in wrestling

Pakistan wins Twenty20 World Cup

India knocked out of World T20

Federer won French Open

Anand wins Chess Oscar for sixth time

Brasa appointed Indian men's hockey coach

BCCI nominates Gambhir, Jhulan for Arjuna award

Book on Tendulkar released

IPL 2 to be held in South Africa

India thrash New Zealand to seal ODI series

India win Hamilton Test, a win in NZ after 33 years

Science and Technology 2009

NASA signs agreement with ISRO for use of Indian satellite oceansat-2

Scientists Create Bacteria that Light Up Around Landmines

"Significant" Moon Water Released by NASACrashes

New ocean forming in African desert

Snow on Mt. Kilimanjaro to melt in twenty years

Scientists report discovery of 32 new exoplanets

Nobel Prize in Chemistry to India-born scientist

NASA telescope discovers giant ring around Saturn

13-year-old Indian to address UN climate change summit

Largest ever telescope launched from French Guiana

First face transplant patient in US shows face

UK scientists to develop Swine Flu vaccine

PET bottles potential health hazard

ISRO launches RISAT-2

Discovery Crew Returns Home From ISS Internet

Crime Up 33 Percent, FBI Reports

Adobe, Facebook partner to create Flash developer tools

Microsoft to discontinue Encarta

World's First Internet Car Radio Unveiled

Motorola Unveils Cellphone Made From Recycled Water Bottles

UK Doctors Deliver Cancer-Proof Baby

Sony To Launch World's Lightest 8-Inch Notebook PC

Indian Scientists Conduct Anti-Warming Experiment In Antarctic Ocean

Indian Scientists To Clone Pashmina Goat

NASA's Kepler Mission To Begin Quest To Find Planets Hosting Life

ISRO To Use Home-Grown Cryogenic Engine For GSLV Launch

Obama to restore stem cell research funding

India To Send Sun Mission Aditya In 2012

Indian-American Scientist Vivek Pai Creates Top Web Technology