Friday, February 27, 2009

Tamil Nadu Electricity Board (TNEB) Results

Tamil Nadu Electricity Board (TNEB) Results 2009
  • TNEB Engineers.
  • The Tamil Nadu Government passed an order on 09-10-2008 to unbundle the Tamil Nadu Electricity Board (TNEB) by splitting it into two.
  • The Tamil Nadu Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Electricity Board (TNEB) to pay compensation to consumers.
www.tneb.in

tneb results, tneb result


Consumer Services
Tariff Details
Any Time Payment Machine
Contact Information
Consumer Guidance
Recruitment IN TNEB
News
Training&Development
More results from tneb.in »

Tamil Nadu Uniformed Services Recruitment Board TNUSRB, Chennai

Tamil Nadu Uniformed Services Recruitment Board, Chennai
TNUSRB
  • The Government constituted the TNUSRB with the following composition:-. i). Chairman. A Police Officer in the rank of DGP either serving or retired. The Tamilnadu Uniformed Service Recruitment Board was constituted to select suitable personnel in various categories for Police Department, Fire Service etc.
  • TNUSRB Results and News 2009
http://www.tn.gov.in/tnusrb/



Tamil Nadu Electricity Board (TNEB)
The Tamil Nadu Electricity Board (TNEB) is a statutory body formed on 01.07.1957 under the Electricity Supply Act, 1948
TNEB - Tamil Nadu Electricity Board This is the Head Quarters of Tamilnadu Electricity...
www.tneb.in/
TNEB PENSION SCHEME

TNEB Engineers Association
http://tnebengineers.org/

Swami Ramanand Teerth Marathwada University Results

Swami Ramanand Teerth Marathwada University Results 2009
  • Swami Ramanand Teerth Marathwada University.
  • Vishnupuri, Nanded-431606, Maharashtra(India)
http://srtmun.digitaluniversity.ac/



Shivaji University, Kolhapur, Maharashtra, India, sndt.digitaluniversity.ac. SNDT Women’s University, Mumbai, Maharashtra, India, www.srtmun.org

Tezpur University, India Results

Tezpur University, India Results2009
  • Information on location, faculty, admission, administration, results etc..
  • Tezpur University, Assam is an institution of higher education established in the year 1994. The campus is situated at Napaam, east of Tezpur.
www.tezu.ernet.in/


Admission 2009-2010
Recruitment
Business ...
Important Notification
Computer Science ...
Molecular Biology ...
Electronics
Physics

Gandhi got 11 nominations to the Oscar

1982 Academy Awards® Winners and History
  • Gandhi got 11 nominations to the Oscar
Gandhi (1982)
Bhanu Athaiya was the last Indian to win an Oscar for the designing the costumes of Richard Attenborough's 'Gandhi' in 1982,". Biography of Mahatma Gandhi, the lawyer who became the famed leader of the Indian revolts against the british.
silence of the lambs, the colour purple

Trackon Couriers Pvt. Limited

Trackon Couriers Pvt. Limited
  • Trackon. Trackon is India's leading provider of express delivery services and logistics supply chain solutions.
  • TRACKON COURIER & CARGO limited NEW DELHI Agra. Ahmedabad. Aligarh. Ambala. Banglore. Baroda. Bhiwadi. Raipur. Chandigarh. Chennai. Cochin. Delhi. Faridabad. Firozabad. Ghaziabad. Gauhati. Gurgaon etc..
  • Trackon Courier Pvt. Limited One of the leader in courier service provider, having their network all over the world.
http://trackoncourier.com/

Dadasaheb Phalke Award

Dadasaheb Phalke Award
Dadasaheb Phalke Award was introduced to the National Awardin 1969, the birth centenary year of the Father of Indian Cinema, Dadasaheb Phalke.
  • The Dadasaheb Phalke Award is an annual award given by the Indian government for lifetime contribution to Indian cinema. It was instituted in 1969, the birth centenary year of Dadasaheb Phalke , considered the father of Indian cinema.
  • The Dadasaheb Phalke Award is an annual award given by the Indian government for lifetime contribution to Indian cinema.

Dadasaheb Phalke Award 2009

Dadasaheb Phalke Award

Dadasaheb Phalke Award

Dadasaheb Phalke Award was introduced to the National Awardin 1969, the birth centenary year of the Father of Indian Cinema, Dadasaheb Phalke.


  • The Dadasaheb Phalke Award is an annual award given by the Indian government for lifetime contribution to Indian cinema. It was instituted in 1969, the birth centenary year of Dadasaheb Phalke , considered the father of Indian cinema.

  • The Dadasaheb Phalke Award is an annual award given by the Indian government for lifetime contribution to Indian cinema.

Dadasaheb Phalke Award 2009

first movie to win best movie filmfare award, mother india

Bharat Operating System Solutions — Bharat Operating System Solutions

Bharat Operating System Solutions — Bharat Operating System Solutions
  • The accessibility of BOSS Linux will have a constructive impact on the digital divide in India.
  • BOSS version 3.0, with GNOME 2.20 ,KDE 3.5 with Kernel 2.6.22-3-486 is the latest version of BOSS GNU/Linux
  • Downloads BOSS Downloads — Bharat Operating System Solutions
  • http://bosslinux.in/downloads
http://bosslinux.in/
www.bosslinux.in/

Thursday, February 26, 2009

Punjab Nurses Registration Council PNRC

Punjab Nurses Registration Council PNRC
www.pnrc.in/

Gnm-3
Date Sheet
Nursing Institutions
Indian Nursing Council
List of Hospitals
PNRC Act 1932
Punjab Medical Council
Guidelines

doga, sergas

BSNL launches 3G mobile services - Technology

BSNL launches 3G mobile services - Technology
  • BSNL to raise 3G phone lines purchase eightfold.
  • BSNL (Bharat Sanchar Nigam Ltd) launched 3G mobile services from Chennai.
  • BSNL launches 3G services, targets 700 cities in phase-I.
  • The first time in India, third generation (3G) mobile phone services have been rolled out by state-owned Bharat Sanchar Nigam (BSNL) in Pune.

yamuna expressway authority

Welcome to Yamuna Expressway Website
  • Yamuna Expressway
Yamuna Yamuna Expressway Industrial Development Authority (YEA) invites applications for Allotment of Micro SDZ
  • "New Avenues for Enterprises" to develop 100-300 hectares
  • The Yamuna Expressway Authority has given the green signal to develop industrial clusters at half a dozen places
www.tajexpresswayauthority.com/

Banana (Musa acuminata)

Musa acuminata
Musa acuminata, the Bananito, is a species of the genus Musa native to northern Australia. It gives a fruit that resembles a short fat banana. The fruit has a sweeter and more apple-like taste than the more common dessert banana, and that is why the fruits are commonly called apple bananas, manzana bananas or just manzanas (Spanish for apple). They can also be called ladies fingers or baby bananas. When they are ripe the peel is much more black than the common banana, sometimes completely black.

Devi Ahilya University, Indore Results 2009

Devi Ahilya University, Indore Results 2009
  • Information on admissions, consultancy, research, distance education programmes and contacts
  • Results
  • Here you can access the results of all University Examinations for all the cources.
www.dauniv.ac.in/

Live Cricket Simulation on cricket.ragalahari.com

Live Cricket Simulation on cricket.ragalahari.com
  • Ragalahari Non-Stop Entertainemnt! Listen to the hottest and latest Telugu cinema songs.
  • Live Cricket Simulation
www.ragalahari.com

bharat sanchar nigam limited

Bharat Sanchar Nigam Limited recruits 3945 JTO Telecom, Civil and Electrical

BHARAT SANCHAR NIGAM LIMITED(A Government of India Enterprise)Recruitment of Junior Telecom Officers(Telecom.), Junior Telecom Officers(Civil) and Junior Telecom Officers(Electrical)
(1-11/2008-Rectt.)
CLOSING DATE OF RECEIPT OF APPLICATION : 06.04.2009EXAMINATION DATE : 21.06.2009
Bharat Sanchar Nigam Ltd. [BSNL] will recruit about 3945 [subject to variation depending on the availability of vacancies] Junior Telecom Officers through an open competitive examination to be held on 21.06.2009 on All India basis, as per the details given below:-
JTO(Telecom) TOTAL: 3545 (SC: 459 ST: 239 OBC: 989 OC: 1858)
JTO(Civil) Total:200 (SC:23 ST:16 OBC:69 OC:92)
JTO(Electrical) Total:200 (SC:15 ST:30 OBC:55 OC:100)
3% of the total vacancy (1.5% for Locomotive and 1.5% for Hearing Impairment) will be reserved for PH quota.
Reservation as per Central Govt. guidelines will be applicable for SC/ST/OBC/Physically Handicapped [PH]. In respect of Physically Handicapped persons, candidates with following physical disability will be permitted:i. Hearing Impairment - Partially Deafii. Locomotive Impairment - one arm or one leg or both legs affected(The minimum degree of disability is 40% in order for a person to be eligible for any concession/benefits)Scale of PayThe post of J.T.O. is in the IDA pay-scale of Rs. 9850-250-14600.(The pay scale is likely to be revised upwards)
EligibilityNationality : Only Indian Nationals would be eligible to apply.
Educational Qualifications:JTO(Telecom)Applicant must possess as on 31.12.2009, Bachelor of Engineering/Bachelor of Technology or equivalent Engineering degree in any of the following disciplines from a recognized engineering college/university:i. Telecommunication,ii. Electronics,iii. Radio,iv. Computer,v. Electrical.vi. Information TechnologyCandidates appearing in the final year degree examination may also apply provided they possess the required educational qualification by 31.12.2009.JTO(Civil)Applicant must possess as on 31.12.2009, Bachelor of Engineering, Bachelor of Technology or equivalent in Civil Engineering from a recognized Institution/University.Candidates appearing in the final year degree examination may also apply provided they possess the required educational qualification by 31.12.2009JTO(Electrical)Applicant must possess as on 31.12.2009, Bachelor of Engineering, Bachelor of Technology or equivalent in Electrical Engineering from a recognized Institution/University.Candidates appearing in the final year degree examination may also apply provided they possess the required educational qualification by 31.12.2009Age: The applicant for JTOs(Telecom), JTOs(Civil) and JTOs(Electrical) should not be more than 30 years of age on the closing date for receipt of applications from candidates. However, this age is relaxable as per standing instructions on this subject for:-i) Govt. servants upto 5 years in accordance with the instructions or orders issued by the Central Govt.;ii) BSNL employees upto 5 years in accordance with the instructions or orders issued by the BSNL;iii) For Scheduled Castes & Scheduled Tribes candidates upto 5 years;iv) For OBC Candidates upto 3 years;v) For General Category PH candidates upto 10 years ; (for SC/ST 15 years and for OBC 13 years)vi) For certain other categories like ex-servicemen, displaced persons from East Pakistan[now Bangladesh], repatriates from Burma and Ceylon [now Srilanka],residents of Goa, Daman & Diu, persons migrated from Kenya, Uganda, Republic of Tanzania as per instructions issued by the Central Government from time to time in this regard.(vii) For Residents of J&K – Relaxation shall be in accordance with DoP&T’s Notification No.15012/7/1991-Estt.(D) dtd. 7.12.2007 pertaining to “Residents of State of Jammu and Kashmir (Relaxation of Upper Age Limit for Recruitment to Central Civil Services & Posts) Rules 1997”.Further in respect of apprentices who have undergone apprentice training in BSNL successfully, there will be following provision:-(a) An apprentice will be required to compete in the common competitive examination conducted by BSNL along with other direct candidates and preference to the apprentices over non-apprentices direct candidates will be given only if apprentices secures equal place in merit in select zone and all other eligibility conditions being equal.(b) The apprentices would not be required to get her/his name sponsored by any employment exchange.(c) The apprentices would be entitled to age relaxation to the extent of the period for which the apprentice had undergone training as apprentice in the BSNL.Mode of selection and nature of Question PaperThe mode of selection is through an All India Competitive Examination. The examination will be of three hours duration with one Question Paper containing the following three sections:-
For JTOs(Telecom)Section-I : Engineering stream : 50 questionsSection-II : Engineering stream : 50 questionsSection-III : General Ability Test : 20 questions
For JTOs(Electrical)Section-I : Electrical Engineering stream : 50 questionsSection-II : Electrical Engineering stream: 50 questionsSection-III : General Awareness : 20 questions
For JTOs (Civil)Section-I : Civil Engineering stream : 50 questionsSection-II : Civil Engineering stream : 50 questionsSection-III : General Ability Test : 20 questionsThe Question Paper will be fully objective type with multiple options as answers to each question. The standard of paper in engineering subjects will be that of Engineering Examination of an Indian University.
However, there would be no separate time fixed for attempting the separate sections. Detailed syllabus for JTOs(Telecom), JTOs(Civil) and JTOs(Electrical) appear at Annexures ‘B’ , ‘C’ and ‘D’ respectively.
Choice of Examination CentreApplicants are required to indicate their choice of Examination Centre [item 15] of application form] at which they wish to appear. An applicant can opt for any one of the examination centers out of the Circles indicated in the Annexure ‘A’ and submit the application form to the Office of the CGM of the Circle concerned at whose examination centre the applicant wishes to appear. (e.g. a candidate wishing to appear at Hyderabad centre should submit his/her application to the DGM/G.M.(Admn), Office of Chief General Manager, Andhra Pradesh). A list of centers and the Deputy General Managers/General Managers to whom the application is to be submitted, is given in Annexure “A”.Admit cards will be issued to eligible applicants by the Office of the CGM concerned. The examination centre will be the Circle Headquarters city of the CGM concerned as given in Annexure ‘A’.
Fee for examination and application formThe specimen of the application form is included in this advertisement. Neatly typed [only on one side of paper] copy in A4 size [30 cms. X 20 cms.] may be used for making application. The completed application form should be sent by Registered post to the CGM concerned. The envelope containing application form should be marked “Application for J.T.Os(Telecom) Examination-2008” OR “Application for J.T.Os (Civil) Examination-2008” OR “Application for J.T.Os(Electrical) Examination-2008”, as the case may be, in bold letters on top of the envelope.
Original advertisement or photocopy of the format in the advertisement must not be used for applying and in case a candidate submits such an application the same will not be entertained. The given application format must be separately typed.
An examination fee of Rs.750/-(Rupees Seven Hundred and fifty only) is payable in the form of demand draft drawn in favour of Senior Accounts Officer/Accounts Officer payable at the respective stations as given in Annexure ‘A’. The amount of fee shall not be accepted in any other form. Fees once paid shall NOT be refunded under any circumstances nor can it be held in reserve for any other examination or selection.
No Fee payable by SC/ST/PH Applicants belonging to SC/ST/PH categories only are exempted from the examination fee. In the case of Physically handicapped candidates, this exemption will, however, be available to only those handicapped persons who would otherwise be eligible for appointment to the post on the basis of the standards of medical fitness prescribed for the post (including any concessions specifically extended to the physically handicapped) and who enclose with the application form, a necessary certificate from a Govt. Hospital/Medical Board in support of his claim for being handicapped.Closing date for receipt of Application Forms
Application forms complete in every respect must reach on or before 06.04.2009. Applications received after the closing date or not accompanied by the demand draft [wherever applicable] for the prescribed examination fee or incomplete in any respect shall be summarily rejected and no communication in respect of the rejected application forms shall be entertained. Fees paid shall also NOT be refunded. BSNL shall not be responsible for any postal delay.The applicants would be admitted to the examination on the basis of the information furnished by them in their application form. They are, therefore, advised to ensure that they fulfill all eligibility conditions before applying. In case it is found at a later stage that the information furnished by an applicant is false or an applicant does not fulfill any of the eligibility conditions, the candidature of such applicants would be cancelled and no correspondence in this regard would be entertained. Issuance of an admit card for the examination will NOT confer any right for appointment. Appointment will be solely subject to fulfillment of all eligibility conditions.
For full details of advertisement, List of the Territorial Telecom Circles with the address to whom the applicants should send their completely filled up forms and in whose favour the Demand Draft should be drawn and Application Form click here



Others:
central power research institute bangalore

Wednesday, February 25, 2009

Balika Vadhu

Balika Vadhu

Balika Vadhu is a TV serial, currently being broadcast on Colors TV in India. The serial deals with Child Marriage, a social custom still happening in India
Balika Vadhu deals with Child Marriages in India is a daily soap on Colors Entertainment Channel. Anandi plays the lead role.

Chelsea vs Juventus Highlights

Chelsea vs Juventus Highlights

  • Juventus face Chelsea in the champions league with a return for Claudio Ranieri to Stamford Bridge. Chelsea and Juventus have never faced
  • Chelsea Vs Juventus Live & Highlights Chelsea plays Juventus live in UEFA Champions League soccer match. Watch Chelsea vs Juventus, Chelsea

Tumkur University - Results 2009

Tumkur University - Results 2009

Tumkur University. Visvavidyalaya Karyalaya, Dr. B.R. Ambedkar Bhavan, M & Road Tumkur Karnataka Phone-No: 0816-2254546 , 2270715, 2255650. Fax: 0816-2270719

Tumkur University BA, BBM, BC.A ,B.Com, B. Sc. 2008 www.businessonlineindia.com/results.htm Monday, August 4th 2008 Filed Under : Results
www.businessonlineindia.com/results.htm

FIFTH PAY COMMISSION West Bangal

FIFTH PAY COMMISSION West Bangal

WEST BENGAL GOVT. PAY SCALE AS PER FIFTH PAY COMMISSION

The fifth pay commission has submitted it’s report to the state Govt. It is prepared as per the sixth pay commission’s recommendation for the central employees. The same concept of pay bands and grade pay is introduced for the state employees. A lot of scale of pays has been merged into only five pay bands with different grade pays. There is no recommendation of abolition of Group D employees in the proposal. It is believed that the report has been prepared as per direct guidance of the Govt. and it is most likely that the state Govt. would implement the recommendations unchanged. It is quiet obvious that the ruling party will try to capitalize as much as possible with providing good remuneration to the employees, who are already a strong vote bank in the election season.
Though the report is yet to be published anywhere, we are providing new pay scales as per different newspapers and reliable sources.

Old Scale No.s
Present Scale
Proposed New scale
Grade Pay
Group
1 – 2
2600-4175
2700-4400
4900-16200
1700, 1800
D
3 – 4
2850-4680
5400-25200
1900 – 2900
C
8 - 11
3800-7775
7100-37600
3200 – 4100
B
12 – 18, 22 , 24
4800-10925
9000-40500
4400 – 10000
A
19 – 21, 23
10000-15200
37400-60000
4400 - 10000
A


After the recommendations of the Sixth pay Commission, many state government employees are wondering whether they are eligible to receive any hike in the salary or not and whether their respective state government will be kind enough to implement the similar things for their respective state. Here is the link to Highlights of the Sixth pay Commission Report (Opens in a new

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Holi Festival - March 11, 2009

Traditions, Recipes, E-Cards







Holi (referred to as Phagwa in Bhojpuri), also called the Festival of Colours, is a popular Hindu spring festival observed in India, Guyana, Trinidad, the UK and Nepal. In West Bengal, it is known as Dolyatra (Doljatra) or Boshonto Utsav ("spring festival").
On the first day, burning of the demoness Holika, Hiranyakashipu's sister, in huge bonfires at night. It is called Kama dahanam in Andhra Pradesh.
On the second day, known as Dhulheti, people spend the day throwing coloured powder and water at each other. The spring season, during which the weather changes, is believed to cause viral fever and cold. Thus, the playful throwing of the coloured powders has a medicinal significance: the colours are traditionally made of Neem, Kumkum, Haldi, Bilva, and other medicinal herbs prescribed by Āyurvedic doctors. A special drink called thandai is prepared, sometimes containing bhang (Cannabis sativa).





People send greetings cards wishes sms mms etc...
It is a time for colors.






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CPRI - Central Power Research Institute

CPRI - Central Power Research Institute

Central Power Research Institute (CPRI)

www.powermin.nic.in/research/cpri.htm

  • Central Power Research Institute (CPRI) was set up in 1960 by the
  • The Central Power Research Institute (CPRI), an autonomous Society, serves as a National Laboratory for undertaking applied research in electric power engineering besides functioning as an independent National Testing and Certification Authority for electrical equipment and components to ensure reliability and improve, innovate and develop new products. The Head Office of the Institute is at Bangalore and its other units are located at Bhopal, Hyderabad, Nagpur, Ghaziabad, Kolkata and Gauwahati.
    With its state-of-art infrastructure and expertise, CPRI has made significant contributions to the power sector in the country for improved planning, operation and control of power systems. Besides, in-house R&D, CPRI also undertakes sponsored research projects from manufacturers and power utilities in different areas of specialization. A number of products developed by CPRI have been licensed for commercial production. The Digital energy meters, Automatic power factor controller, Digital field strength meter, Solar selective coatings, Epoxy novolac resin, Capacitor fluid from rapeseed oil, Value added products from flyash, Online & offline reclamation of used transformer oil, Electroless nickel coatings on Mild Steel, Electrostatic voltage divider & Software packages for power systems application are a few to quote from a long list.

http://powersearch.cpri.res.in/

Engineers India Limited

Provides engineering and related technical services for petroleum refineries, oil and gas pipelines, petrochemical industries, chemical process plants etc..

http://engineersindia.com/

union public service commission, engineers india limited

Free SMS, Send Free SMS To Any Mobile In India - 160by2

160by2 from your mobile at http://m.160by2.com

http://160by2.com/

  • 160by2.com allows you to send free SMS to cell phones in India from your computer. The PC-to-mobile SMS provider enables you to send maximum of 50 messages

xenon xt Tata Xenon XT 4x4 Review, Tata Xenon XT 4x4 Price Quote

xenon xt Tata Xenon XT 4x4 Review, Tata Xenon XT 4x4 Price Quote

  1. Tata Xenon XT 4x4 Review, Tata Xenon XT 4x4 details, Tata Xenon XT 4x4 guide, Tata Xenon XT 4x4 specifications. Vehicles manufactured by Tata.
  2. The first time in India, is the Xenon XT (Cross Terrain), a life style pick-up to be launched later in the year.
  3. The Tata Xenon XT (cross terrain) has been exhibited in India.
  4. 1. tata xenon xt 2. jntu anantapur 3. orkut login 4. preeti 5. gwalior 6. rangoli patterns 7. obama outsourcing 8. network 9. nrmp 10. punjab government 11. yahoo briefcase 12. sbt online 13. ranbaxy 14. rajasthan patrika 15. pallavi vengsarkar 16. importance of water 17. bangladesh mutiny 18. ind vs nz 19. real madrid vs liverpool highlights 20. capricorn 21. betty davis eyes lyrics 22. balika vadhu

Gwalior

Gwalior

Gwalior occupies a strategic location in the Gird region of North India, and the city and its fortress have served as the center of several strategic points. The new city of Gwalior became, over the centuries. Gwalior is an historical place of Madhya Pradesh. The strategically important fort at Gwalior dominates the city
rempex, jaipur

Gwalior

Gwalior

Gwalior occupies a strategic location in the Gird region of North India, and the city and its fortress have served as the center of several strategic points. The new city of Gwalior became, over the centuries. Gwalior is an historical place of Madhya Pradesh. The strategically important fort at Gwalior dominates the city

Obama opposes outsourcing of jobs

Obama opposes outsourcing of jobs

Continuing to play the anti-outsourcing card, Democrat presidential front-runner Barack Obama on Wednesday said while America cannot "shy away" from globalisation, it would have to take measures to ensure that jobs are not shipped overseas.
"We have to stop providing tax breaks for companies that are shipping jobs overseas and give those tax breaks to companies that are investing here in the United States of America," Obama said in during a debate with rival Senator Hillary Clinton in Cleaveland, Ohio.
The Illinois Senator, playing to the gallery of those workers who have been displaced in manufacturing jobs as a result of the North American Free Trade Agreement (NAFTA) and generally to the anti-outsourcing crowd, said he would ensure that every pact the US signs has environmental, safety and labour standards to protect workers and consumers alike.
"We can't have toys with lead paint in them that our children are playing with. We can't have medicines that are actually making people more sick instead of better because they're produced overseas," Obama said.
At the same time, he said, Americans cannot "shy away" from globalisation. "We can't draw a moat around us."
"The problem is we've been negotiating just looking at corporate profits and what's good for multinationals," the African-American Senator said adding, "as President, what I want to be is an advocate on behalf of workers".
Facing the heat from US presidential hopefuls who blamed "shipping jobs" to China and India for rising US unemployment, the India Inc had last week launched a counter offensive through the media, telling Americans that the industry is creating new work opportunities for them.
Hillary too blasts outsourcingOutsourcing and India


obama outsourcing obama on outsourcing, obama speech to congress transcript

Central Board of Excise and Customs cbec cbec, excise duty

Central Board of Excise and Customs cbec cbec, excise duty
www.cbec.gov.in/
  • Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India
  • central excise cbec, excise duty
central excise, ieport

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MAX Movies · Schedule · Cricket · Feedback ... Setindia Setasia Sabtv Pixtelevision Setsyndication Sony Pictures
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set max, smax sony max, smax
www.maxtelevision.com/

ICSI: The Institute of Company Secretaries of India icsi, icsi.edu results

ICSI: The Institute of Company Secretaries of India Results 2009
www.icsi.edu/
The Institute of Company Secretaries of India(ICSI) is constituted under an Act of Parliament ie the Company Secretaries Act, 1980
  • cs results december 2008, icsi icsi, icsi results icsi.edu
  • icsi, icsi results 2009

Tuesday, February 24, 2009

University of Calicut, Kerala, India Results

University of Calicut, Kerala, India Results
  • calicutuniversity, universityofcalicut.info
  • III.B.A Degree examination First Second Third year
  • BBA Degree Examination B Com Degree Examination
www.universityofcalicut.info/

Calicut University Latest Results www.universityofcalicut.infoWeeksUpdateCalicut University Latest Results www.universityofcalicut.info.

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India vs New Zealand Twenty20 Series

India vs New Zealand Twenty20 Series
Ind v NZ T20 Cricket Live Score - 20 20 Cricket Rules

2009 Ind vs NZ T20 Series
India and New Zealand will Play 2 Twenty20 - T2o on 25th and 27th February, 2009.

Ind vs NZ 1st Twenty20 Live Score, Teams from Christchurch
Ind vs NZ 1st Twenty20 Live Score, Teams from ChristchurchA rare houseful is expected at the new AMI Stadium, Christchurch for the first Twenty20 - T20 on Wednesday, 25th February, 2009 between host New Zealand and India in a day-night match rom 19:00 local, 06:00 GMT.Both India and New Zealand has decided to announce the team on the match day itself. India willlikely retain the same team which won their last T20 against Sri Lanka as they have 9 batsman upto Jadejaa nd Pathan brothers.New Zealand is feeling strong because of their two key player Ross Taylor and Jacob Oram making come back. Jacob Oram is coming as only a batsman not as an allrounder.Indian Team, Squad for 1st Twenty20 at Christchurch:Gautam Gambhir, Virender Sehwag, Suresh Raina, Rohit Sharma, Yuvraj Singh, Mahendra Singh Dhoni (capt and wk), Ravindra Jadeja, Yusuf Pathan, Irfan Pathan, Zaheer Khan, Ishant SharmaNew Zealand Team, Squad for 1st Twenty20 at Christchurch:Brendon McCullum (wk), Martin Guptill, Jesse Ryder, Ross Taylor/Neil Broom, Grant Elliott, Jacob Oram, Nathan McCullum, Daniel Vettori, Ian Butler, Tim Southee, Iain O'Brien.

Bobby Jindal: Presidential Bid Unlikely In 2012 Bobby Jindal: Presidential Bid Unlikely In 2012

Bobby Jindal: Presidential Bid Unlikely In 2012
  • Bobby Jindal, the 37-year-old Governor of Louisiana.
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  • Bobby Jindal, Indian American governor of Louisiana, has been chosen to keynote the National Republican .

THE CHHATTISGARH SWAMI VIVEKANAND TECHNICAL UNIVERSITY

THE CHHATTISGARH SWAMI VIVEKANAND TECHNICAL UNIVERSITY

  • CS Results
  • www.csvtu.ac.in/results.htm
  • DPharma I,II (Supply) Exam, Awaited Diploma 4th & 2nd Sem (Reg) Revalutation. B Pharma II Sem Results
  • CSVTU Research Journal · Minimum Discloser Norms · International Linkage · Swami Vivekanand Memorial Youth Festival.
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Isla de Pascua

Isla de Pascua -
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Tenzin Palmo, nació como Diane Perry en Londres en 1943. Ella se convirtió al budismo a la edad de 18 años y se mudo a la India a los 20, donde inició su entrenamiento como monja busdista y recibió el nombre de Tenzin Palmo de su maestro, Su Eminencia Khantrul Rimpoche. En 1964 llegó a ser la segunda mujer occidental ordenada en la tradición del Budismo Tibetano. En 1988 dejó su retiro de 12 años en una cueva en los Himalayas. Desde entonces ha abrazado la causa de igualdad de derechos y oportunidades para las monjas budistas. En apoyo a esta lucha, por muchos años ha viajado por el mundo recolectando fondos para un nuevo convento para monjas budistas. En el año 2000 el conventoDongyu Gatsal Ling fue abierto con el propósito de dar educación y entrenamiento a mujeres provenientes del Tibet y de las regiones fronterizas del Himalaya. En esta ocasión les invito a ver una charla dada por Tenzin Palmo en el auditorio de la Universidad del Valle de México titulada "Las Fronteras de la Mente"

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  • A.P.S. University, Rewa . Comments and enquiries
  • Visit APS University, Rewa website www.apsurewa.ernet.in for information about Courses, Affiliated Colleges, Admission Procedures, apsurewa
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www.cdaopune.org Controller of Defence Accounts (Officers)

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  • www.cdaopune.org find your IRLA and log in with your Username & Password for receipt details, cheques, bankers, salary details.
  • Check the official website for Controller Of Defence Accounts.
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Visit www.upmsp.nic.in for information on U.P. Board Intermediate (CLASS-XII) Examination, U.P. Board High School (CLASS-X) Examination

Monday, February 23, 2009

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  • Julia Anderson trained as a ballet and tap dancer. She graduated from the University of British Columbia (Vancouver) in 2001 with a degree in Theatre and Psychology. She trained as an actress at the Atlantic Theater Company in New York City.

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English Translation
  • Hindi Lyrics; English Translation! Video Masti! Jai Ho Jai Ho Jai Ho Jai Ho ... Aaja Jariwale Nile Aasman Ke Tale, Jai Ho, Jai Ho
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  • Slumdog Millionaire: Jai Ho Lyrics
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  • Government of Gujarat web site
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Sunday, February 22, 2009

'Smile Pinky' at Oscars 2009


'Smile Pinky' at Oscars 2009


'Smile Pinky' at Oscars 2009


The made in India documentary ‘Smile Pinky’ won an Oscar in the ‘Best Short Documentary’ category at the 81st Academy Awards declared in LA




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A.R.R and Rasool, win their Oscars


A.R.R and Rasool Pookkutty win the Oscars Award 2009

Rasool Pookkutty · Slumdog Millionaire

Rahman and Rasool Pookutty definitely deserves an Oscar.

Rasool Pookutty, A malayali from India got Oscar award for the first time.

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Oscars 2009 News Report
And the Oscar for Best Cinematography goes to: Slumdog Millionaire (Anthony Dod Mantle)! It's the year of the dog, Slumdog that is! Soon Mr AR Rahman should be getting in on all this Oscars fun…
We're back. Looking beautiful in pink is Natalie Portman. She's positively sparkling. Alongside her is Ben Stiller, who channels Joaquin Phoenix's bizarre recent appearance on the David Letterman show. And now he's saying that Slumdog Millionaire being shot on a mobile phone. Good stuff, all around. They're presenting the award for best Cinematography.

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Oscar results 2009

Oscar results 2009
www.oscars.org/
Oscars 2009, Live Report!
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www.oscar.com/nominees/


Oscars 2009, Live Report!
And the Oscar for Best Cinematography goes to: Slumdog Millionaire (Anthony Dod Mantle)! It's the year of the dog, Slumdog that is! Soon Mr AR Rahman should be getting in on all this Oscars fun…
We're back. Looking beautiful in pink is Natalie Portman. She's positively sparkling. Alongside her is Ben Stiller, who channels Joaquin Phoenix's bizarre recent appearance on the David Letterman show. And now he's saying that Slumdog Millionaire being shot on a mobile phone. Good stuff, all around. They're presenting the award for best Cinematography.
And the Oscar goes to The Curious Case of Benjamin Button! It was a tough battle, to overcome the crazed Joker's make-up from The Dark Knight. But ultimately, the ability to show Brad Pitt as anything but an incredibly handsome middle-aged man must be applauded! Number two for Benjamin Button.
Another interesting presentation, for Best Make-Up. The utilisation of technology has been very impressive this year. It's like the Academy Awards has been thrust into the 21st century and beyond.
And now for Best Costume Design. Which goes to The Duchess (Michael O'Connor). Congrats. How about Sarah Jessica's gown? It's downright nuptial. Looks like she's getting ready to redo her wedding vows! Hubby Matthew Broderick is on-hand, after all. He's got his eye on you, Danny Craig.
And the Oscar goes to: The Curious Case of Benjamin Button! Ahh, you knew those 13 nominations weren't all for naught. But how many more will it win? And any at the expense of Slumdog. Only time will tell…
Jackman is back, studly as ever. And now another hunk -- new Bond-man Daniel Craig -- is presenting alongside Sarah Jessica Parker of Sex in the City fame. They're presenting the Best Art Direction.
The Academy should be proud of what they've accomplished here. Sagging ratings have prompted the new look, but they've maintained all the regalia of earlier years while adding a hip, intimate new flavour. Good show, guys.
Now, the award for Best Animated Short Film. And the winner is La Maison en Petit Cubes.
And he's right! Wall-E is the winner for Best Animated Film, which doesn't come as much of a surprise. Pixar is breathtakingly consistent, stunningly impressive year after year. They're the best in the business, no doubt!

Friday, February 20, 2009

Mahasivaratri

Mahasivaratri






  • On Sivaratri night, chant silently Siva's perfect mantra, Aum Namasivaya. We want to enjoy ourselves on Sivaratri night. Spiritual life is joyous life.

  • Maha Shivratri or Maha Sivaratri or Shivaratri or Sivaratri (Night of Shiva or "Great Night of Shiva") is a Hindu festival celebrated every year on the 13th night/14th day in the Krishna Paksha (waning moon) of the month of Maagha (as per Shalivahana) or Phalguna (as per Vikrama) in the Hindu Calendar (that is, the night before and day of the new moon). The festival is principally celebrated by offerings of Bael (Bilva) leaves to the Lord Shiva, all day fasting and an all night long vigil.
    The deeper yogic meaning and objective within Mahasivrathri is:Mahasivrathri is the day & night of the yogi. Mahasivrathri is a once a year celebration of Lord Siva, the awake Spirit within each of us. For several thousands of years, yogis and nearly 60% of all householders, i.e, ordinary people in India, observe this auspicious day by staying up all night chanting and singing to Lord Siva. Mahasivrathri is the gift of realized Sages to enable everyone experience turiya, the state of higher consciousness.
  • Observing Mahasivrathri is transforming as we awaken to whom we truly are. Lord Siva, the dissolver of ego enables clearance of past karmic negatives that have blocked us from our true potentials. Mahasivrathri is rejuvenative as we tune into the eternal yogi within ourselves as the surrender of our body consciousness to the awake soul, the eternal yogi. The objective of Mahasivrathri is to experience turiya, the realm of enlightenment. Proximity of the mind with Source does align our thoughts to be empowered as we are in touch with our inner wisdom of calm, serenity, inspiration, abundance and knowing.
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sivaratri



Sivaratri Story and History
Sivaratri, dedicated to Lord Shiva, is celebrated on the moonless night of the month of Phalguna, which is the fourteenth day in the krishnapaksha or dark half. In 2004, the festival fell on the 18th of February. Owing to a special planetary conjunction, spiritual practices done on this day are considered to be especially auspicious and beneficial. There is a reference to this in one of the Puranas, where Shiva himself tells Parvati Devi [the Divine Mother] that this day is particularly dear to him, and that those who perform the prescribed austerities on this day will be freed from all sins. One popular story from the Puranas goes like this: There was once a poor hunter from Varanasi. His name was Suswara. He lived with his wife and child in a small hut. Theirs was a hand-to-mouth existence. Suswara would go to the forest and hunt whatever game came his way, and thus feed his family. One particular day, he caught many small animals and birds, which he put into a sack. Encouraged by the catch, he wandered deeper into the forest in search of more game. Soon darkness set in and he turned to go home. He was a little worried as the forest was infested with dangerous animals. He did not like the idea of spending the night there. Soon it became very dark. Unable to find his way back, Suswara climbed a tree to be safe from the wild animals. Attracted by his scent, animals came lurking under the tree. Hoping to scare them away, Suswara plucked some twigs from the tree and threw them at the animals, but to no avail. Throughout the night the animals kept prowling beneath the tree. Suswara was unable to get even a wink of sleep. He kept vigil throughout the night. He plucked leaves from the tree, which happened to be a bilva tree, and dropped them on the ground. Unknown to Suswara, there was a Shivalinga at the foot of the tree; and so, although he was unaware of it, by dropping the sacred bilva leaves, Suswara was making a sacred offering to the Shivalinga. That night happened to be Shivaratri. So the hunter had unknowingly kept a night-long vigil and worshipped Shiva.According to the Shiva Purana, the Mahashivaratri worship should incorporate six items: offering bilva leaves to the deity after giving it a ceremonial bath, which represents purification of the soul; applying vermilion paste on the linga after bathing it, which represents virtue; offering food, which is conducive to longevity and the gratification of desires; lighting incense, which yields wealth; lighting an oil lamp, which signifies the attainment of knowledge; and offering betel leaves, which marks satisfaction with worldly pleasures. These six items form an indispensable part of the Mahashivaratri worship, be it a simple ceremony at home or grand temple worship.Significance of the RitualsThe story above is an allegory. Just as the hunter sought to kill wild animals, the spiritual seeker tries to overcome lust, anger, greed, infatuation, jealousy and hatred. The jungle is the mind where all these negativities roam about. A spiritual aspirant must kill these "animals" to be free.The name of the hunter was Suswara, which means "one of melodious voice." This indicates the purity of intent and speech, which, in turn, imply a level of mental purity. The hunter was born in Varanasi. Vara refers to the forehead while nasi is the nose. The point where both meet is Varanasi, in other words, the point midway between the eyebrows. This point is also called the ajna chakra and is regarded as a nexus of the three nadis: ida, pingala and sushumna. A spiritual aspirant who concentrates his or her mind on this point gains concentration and gradual control over his senses. The killing of the animals thus indicates control over one's vasanas (latent tendencies). The bilva tree corresponds to the spinal column. The tree's leaves are special: each stalk has three leaflets. The three leaflets represent the three nadis mentioned above. The climbing of the tree represents the ascent of the kundalini shakti from the muladhara to the ajna chakra.Keeping awake is symbolic of the kind of awareness and oneness of purpose that a spiritual aspirant needs to reach the goal. He cannot afford to be slack even for a moment.
Shiva is the Supreme Consciousness that illuminates the three states of waking, dreaming and deep sleep. Offering the threefold bilva leaves to the Shivalinga heralds the return to a level of consciousness beyond the three states, which is the fourth state, turiya. The dawning of that state is consonant with the awakening of the individual.


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Thursday, February 19, 2009

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dabbawala

Dabbawala
A dabbawala (Marathi डब्बावाला, literally, box person, see Etymology), also spelled as dabbawalla or dabbawallah is a person in the Indian city of Mumbai who is employed in a unique service industry whose primary business is collecting the freshly cooked food in lunch boxes from the residences of the office workers (mostly in the suburbs), delivering it to their respective workplaces and returning back the empty boxes by using various modes of transport. "Tiffin" is an old-fashioned English word for a light lunch, and sometimes for the box it is carried in. For this reason, the dabbawalas are sometimes called Tiffin Wallahs.

Malika Ayane poses during the 59th San Remo Song Festival

Malika Ayane poses during the 59th San Remo Song Festival


Singer Malika Ayane poses during the 59th San Remo Song Festival (Festival della Canzone Italiana) at Ariston Theatre on February 18.
Malika Ayane (Milan, 24 January 1984) is an Italian pop singer with Moroccan ancestry.

Malika Ayane

Malika Ayane

Malika Ayane
Malika Ayane (Milan, 24 January 1984) is an Italian pop singer with Moroccan ancestry. Her musical training began at the Giuseppe Verdi Conservatory of Milan, where from 1995 to 2001 she studied cello. While attending she sang in the Coro di Voci Bianche (Chorus of White Voices). In this youth ensemble of the famous La Scala Theatre, Malika was often called upon to perform soloist selections for the group.

Tamil Nadu VAT - Commercial Taxes Department

Tamil Nadu VAT - Commercial Taxes Department
VAT Clarifications · VAT Circulars · GOs & Notifications · Commodities Rates
www.tnvat.gov.in/
tnvat, commercial tax
www.tnvat.gov.in - The Official Tamil Nadu Commercial Taxes Department ... www.TNVAT.gov.in - Tamil Nadu TNVAT Commercial Taxes Department Website
www.tnvat.gov.in - Tamil Nadu VAT - Commercial Taxes Department.

Thakare on Shiv Jayanti featured hollywood blockbuster video

Thakare on Shiv Jayanti featured hollywood blockbuster video
  • Security tightened at Shivneri for Shiv Jayanti. 19 Feb 2009

shivaji maharaj shivaji, shiv jayanti

The Complete Actor thecompleteactor.com Portal of Mohanlal

The Complete Actor The Official Online Portal of Mohanlal thecompleteactor.com/
THECOMPLETEACTOR.COM Presents MOHANLAL 's FIRST FILM Blog featured hollywood

http://www.thecompleteactor.com/
Mohanlal Website Mohanlal New Website www.thecompleteactor.comWeeksUpdateMohanlal Website Mohanlal New Website www.thecompleteactor.com

Wednesday, February 18, 2009

Noida MMS MMS Sex Scandal In Noida MMS Noida

Noida MMS MMS Sex Scandal In Noida MMS Noida

MBA student circulates clip of 23-year-old girlfriend after she refuses to marry him. Five years after a sex clip made and circulated by a Delhi school student made news, a similar incident has been reported from a business school in Noida.A student has sent out a video of his 23-year old girlfriend doing a striptease for him, to some fellow students at the management school. This reportedly happened after the woman refused to marry him. The woman studies at the same institution.

TIFR Tata Institute of Fundamental Research, Bangalore

TIFR Tata Institute of Fundamental Research, Bangalore
TIFR Bangalore is the Centre for Applicable Mathematics of the Tata Institute of Fundamental Research, Mumbai.

http://math.tifrbng.res.in/

TIFR Library
http://www.tifr.res.in/library.www.tifr.res.in/~library/

NCBS Bangalore
The National Centre for Biological Sciences (NCBS), Bangalore is part of the Tata Institute of Fundamental Research and is located in Bangalore.
www.ncbs.res.in/



national bank for agriculture and rural development, national institute of fashion technology
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Horse racing Laive from indiarace.com

Horse racing Laive from indiarace.com

Horse racing: Indiarace.com is a source of horse racing information like Horse Race Results, Horse Race Live Result, Horse Race News, Horse Racing Scores

www.indiarace.com/

www. keralapareekshabhavan.in SSLC Haallticket

Kerala SSLC Haallticket online

Hall tickets for students (regular) taking the Secondary School Leaving Certificate Examination will be delivered online. The facility introduced last year in Thiruvananthapuram on an experimental basis was found to be a success. Hall tickets can be downloaded from www. keralapareekshabhavan.in and www. sslcexamkerala.gov.in.
The SSLC certificate cards issued to students from this year will also include a passport size photograph of the candidate.
Hall tickets can be downloaded from http://www.keralapareekshabhavan.in/ and http://www.slcexamkerala.gov.in/.

http://www.keralapareekshabhavan.in/
http://www.sslcexamkerala.gov.in/



www.sslcexamkerala.gov.in, www.4miche.com

bitsadmission.com

BITS, Pilani BITS Admissions 2009-2010
Complete the application form Online at http://www.bitsadmission.com and take the print out of the filled form.
www.bitsadmission.com/


17. bitsat 18. bits pilani 19. www.bitsadmission.com 20. smile pinki 21. bella club.com 22. bits admission 23. bitsadmission.com 24. loma linda university
Feb 19, 2009 - change date Updated 1 hour ago
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rimi sen

Rimi Sen









Rimi Sen


Rimi Sen

Rimi Sen (Bengali: রিমি সেন) (b. on September 21, 1981 in Kolkata, India) is an Indian actress working in the Bollywood film industry.

  • Rimi Sen videos and movie clips, Rimi Sen picture gallery and Rimi Sen filmography

Tuesday, February 17, 2009

DMER- Directorate of Medical Education and Research

DMER- Directorate of Medical Education and Research
DMER, its history, location,achievements, directors, joint directos, officers on special duty, former directors , admissions, Results and more
DMER, Mumbai. MHT-CET 2009 RESULTS
dmer.org
http://www.dmer.org/

DTE (www.dte.org.in).

www.dte.org.in

Ministry of Health and Family Welfare - MoHFW

http://mohfw.nic.in/

Bhakra Beas Management Board BBMB

Bhakra Beas Management Board BBMB
  • The Bhakra Beas Management Board (BBMB) has been constituted under Section 79(1) read with 80(6) of the Punjab Re-organisation Act.
  • http://bhakra.nic.in/

DataBox Ltd

DataBox Ltd

SAIL:- Steel Authority of India

  • SAIL is a public sector company and is the largest integrated iron and steel producer in India.
  • http://www.sail.co.in/
NHPC Limited
  • NHPC Limited (Formerly known as National Hydroelectric Power Corporation Ltd.), A Govt. of India Enterprise, was incorporated in the year 1975
  • http://www.nhpcindia.com/

University of Mumbai Results 2009

University of Mumbai Results 2009

Academics. Results. Faculties/Departments. Arts · Commerce · Law · Architecture · Management · Science · Technology · Medicine & Pharmacy

www.mu.ac.in/result.html
more
www.mu.ac.in/


mu.ac.in, databox
mumbai university, www.mu.ac.in

Global School of Business

Global School of Business
  • Global Business School. A leading business school that strives to add value to the knowledge economy through the generation of research and learning
  • Information about MBA at Global School of Business Mumbai or GSB Mum, placements
gsb, gsb.or.th/lottery

Global School of Business Mumbai - PaGaLGuY Apply - The Easiest
www.gsb.edu.in/

Global School of Business, a business school in South Africa which offer international courses and qualifications.
www.globalschool.co.za/

Fiscal Deficit

Fiscal Deficit
  • Fiscal Deficit - Definition of Fiscal Deficit on Investopedia - When a government's total expenditures exceed the revenue that it generates (excluding money )
  • Fiscal deficit is an economic phenomenon, where the Government's total expenditure surpasses the revenue generated.
  • Fiscal deficit, a measure that tells if the government is spending within its means, was to come down to 2.5 per cent of GDP this fiscal.
  • The Indian government's fiscal deficit situation is worrying, Finance Minister Pranab Mukherjee said.
revenue deficit, what is fiscal deficit

Budget 2009 - 2010 - Government of Tamil Nadu

Budget 2009 - 2010 - Government of Tamil Nadu

  • Dr. Kalaignar M. Karunanidhi, Chief Minister. Government of Tamilnadu. Finance Department. BUDGET 2009-2010.
  • Speech of Prof. K. Anbazhagan, Minister for Finance, Government of Tamil Nadu, presenting the Budget for 2009-2010 to the Legislative Assembly

tekerala, tekerala.org

tekerala, tekerala.org
The Board of Technical Examinations appointed by the Government of Kerala controls the Examination system.
  • diploma education in Kerala, Exam Calender, Mark List, Hall Ticket, Internal Mark
  • Result published Diploma Examination
www.tekerala.org/

Monday, February 16, 2009

dishant.com

dishant.com
India's leading entertainment portal featuring streaming songs, movies, lyrics, actor and celebrity photo galleries and more.

www.dishant.com

laura prepon naked, in plain sight
stardust awards, max stardust awards 2009 stardust awards 2009

Pranab Mukherjee's Interim Budget speech 2009

Pranab Mukherjee's Interim Budget speech 2009

External Affairs Minister Pranab Mukherjee, who is also managing the finance ministry, presented the Interim Budget for 2009-10 in Parliament on Monday.
Following is the text of the entire Budget Speech:
Mr. Speaker, Sir,
1. I rise to present the Interim Budget for 2009-10.
2. Five years ago the people of India had voted for change. In the words of our Prime Minister, Dr. Manmohan Singh, people had sought "a change in the manner in which this country is run, a change in the national priorities and a change in the processes and focus of the Government". The Common Minimum Programme of the United Progressive Alliance, built around 'Aam Aadmi', was a response to this call for change. As indicated by Shri P. Chidambaram in July 2004, this programme spelt out seven clear economic objectives:
(i) maintaining a growth rate of 7-8 per cent per year for a sustained period;
(ii) providing universal access to quality basic education and health;
(iii) generating gainful employment and promoting investment;
(iv) assuring hundred days of employment to the breadwinner in each family at the minimum wage;
(v) focusing on agriculture, rural development and infrastructure;
(vi) accelerating fiscal consolidation and reform; and
(vii) ensuring higher and more efficient fiscal devolution.
3. As I present the sixth budget of the Government of the United Progressive Alliance which completes its tenure in a couple of months, I can say with confidence that every effort has been made by the government to deliver on the commitments made.
4. For the first four years of the UPA government, our policies ensured a dream run for the economy with Gross Domestic Product (GDP) recording increase of 7.5 per cent, 9.5 per cent, 9.7 per cent and 9 per cent from fiscal year 2004-05 to 2007-08. For the first time, the Indian economy showed sustained growth of over 9 per cent for three consecutive years. With per capita income growing at 7.4 per cent per annum, this represented the fastest ever improvement in living standards over a four year period.
5. During this period, the fiscal deficit came down from 4.5 per cent in 2003-04 to 2.7 per cent in 2007-08 and the revenue deficit declined from 3.6 per cent to 1.1 per cent.
6. Investment and savings showed significant improvement. The domestic investment rate as a proportion of GDP increased from 27.6 per cent in 2003-04 to over 39 per cent in 2007-08. The gross domestic savings rate shot up from 29.8 per cent to 37.7 per cent during this period. The gross capital formation in agriculture as a proportion of agriculture GDP improved from 11.1 per cent in 2003-04 to 14.2 per cent in 2007-08.
7. The buoyant growth of Government revenues facilitated fiscal consolidation as mandated in the FRBM Act. The tax to GDP ratio increased from 9.2 per cent in 2003-04 to 12.5 per cent in 2007-08 bringing us within striking distance of the target for fiscal correction. This also enhanced our capacity to raise resources internally to finance our growth at the rate of 9 per cent per annum during the Eleventh Five Year Plan.
8. All this would not have been possible without the guidanceof UPA Chairperson, Smt. Sonia Gandhi, the inspiring leadership of Prime Minister, Dr. Manmohan Singh and the hard work put in by my predecessor, Shri P. Chidambaram.
Mr. Speaker, Sir,
9. The growth drivers for this period were agriculture, services, manufacturing along with trade and construction. Hon'ble Members will agree with me that the real heroes of India's success story were our farmers. Through their hard work, they ensured "food security" for the country. With record procurement of 22.7 million tonnes of wheat and 28.5 million tonnes of rice for our Public Distribution System in 2008, our granaries are full. During this four year period, the annual growth rate of agriculture rose to 3.7 per cent. The production of foodgrains increased by about 10 million tonnes each year to reach an all time high of over 230 million tonnes in 2007-08. Despite a high base, the outlook for 2008-09 is encouraging with the country receiving normal rainfall during the agricultural season. Manufacturing, registered as well as unregistered, recorded a growth of 9.5 per cent per annum in the period 2004-05 to 2007-08. Similarly, communication and construction sectors grew at the rate of 26 per cent and 13.5 per cent per annum, respectively.
10. Though our growth is based largely on domestic efforts, foreign trade and capital inflows played a catalytic role. India's exports grew at an annual average growth rate of 26.4 per cent in US dollar terms during this period. Foreign trade increased from 23.7 per cent of GDP in 2003-04 to 35.5 per cent in 2007-08. The conscious policy to gradually integrate the Indian economy with the world, opened new opportunities for Indian corporates to build world scale plants and aim at global competitiveness.
11. In order to maintain a high GDP growth rate on a sustained basis with price stability, the Indian economy had to face two inter-related macro-economic challenges. These relate to capital inflows and global inflation. Profitable investment opportunities generated by high GDP growth attract foreign capital. In 2007-08, capital inflows spurted to an unprecedented 9 per cent of GDP, far in excess of current account financing requirements leading to large accumulation of reserves and build up of pressure on prices.
12. During 2008-09, international prices of many essential commodities particularly fuel oils, food and edible oils and metals rose to alarming levels. To cite just one example, the price of crude oil which was US $ 28 per barrel in 2003-04 shot up to US $ 147 per barrel in 2008. The sharp rise in global inflation, even with a moderated pass-through, put pressure on domestic prices. The WPI headline inflation shot up to nearly 13 per cent in the first week of August 2008. To ease supply side constraints, Government took a series of fiscal and administrative measures, in concert with monetary policy measures by the Reserve Bank of India. RBI raised the interest rates to mop up excess liquidity. This, in turn, had implications for the growth rate from the demand as well as supply side. These, along with easing of global price pressures, led to a decline in domestic prices with inflation rate falling to 4.4 per cent on January 31, 2009. We have weathered the crisis, but there is no room for complacency.
Outlook for the year 2008-09
Mr. Speaker, Sir, I now turn to the outlook for the current year and the events that have impacted its prospects.
13. The global financial crisis which began in 2007 took a turn for the worse in September 2008 with the collapse of several international financial institutions, including investment banks, mortgage lenders and insurance companies. There has been a severe choking of credit since then and a global crash in stock markets. The slowdown intensified with the US, Europe and Japan sliding into recession. Current indications of the global situation are not encouraging. Forecasts indicate that the World economy in 2009 may fare worse than in 2008.
14. A crisis of such magnitude in developed countries is bound to have an impact around the world. Most emerging market economies have slowed down significantly. India too has been affected. For the first nine months of the current year, the growth rate of exports has come down to 17.1 per cent. According to the latest figures available, the industrial production has fallen by 2 per cent year-on-year basis in December 2008. In these difficult times, when most economies are struggling to stay afloat, a healthy 7.1 per cent rate of GDP growth still makes India the second fastest growing economy in the world.
15. To counter the negative fallout of the global slowdown on the Indian economy, our Government took prompt action by providing substantial fiscal stimulus. The two packages announced on December 7, 2008 and January 2, 2009, provide tax relief to boost demand and aim at increasing expenditure on public projects to create employment and public assets. In this context, the Government renewed its efforts to increase infrastructure investments. In the period from August 2008 to January 2009 alone, the Government accorded approval for 37 infrastructure projects worth Rs.70 thousand crore.
16. In addition to expanding public sector investment in infrastructure, our Government has also taken steps to encourage private investment in infrastructure through Public Private Partnership (PPP). I am happy to say that the Government of India has been successful in attracting private investment in infrastructure sectors such as telecommunications, power generation, airports, ports, roads and railways. Under the PPP mode, 54 Central Sector infrastructure projects with a total project cost of Rs.67 thousand seven hundred crore have been given in-principle or final approval by the PPP Appraisal Committee and 23 projects amounting to Rs.27 thousand nine hundred crore have been approved for viability gap funding in 2008-09.
17. To ensure that such projects do not face financing difficulties arising from the current downturn, we have taken a new initiative for providing refinance to the banks for long term credit extended to these projects. Accordingly, the Government has decided that India Infrastructure Finance Company Ltd. (IIFCL) will refinance 60 per cent of commercial bank loans for PPP projects in critical sectors over the next eighteen months or so. For this purpose, IIFCL has been authorized to raise Rs.10 thousand crore in the market by the end of March 2009. An additional Rs.30 thousand crore can be raised if required. With this, IIFCL and banks will be able to support projects involving a total investment of Rs.100 thousand crore in infrastructure. Combined with the steps we are taking to increase public investment in infrastructure, this will provide a big boost to such investment.
18. The RBI took a number of monetary easing and liquidity enhancing measures including reduction in cash reserve ratio, statutory liquidity ratio and key policy rates. The objective was to facilitate flow of funds from the financial system to meet the needs of productive sectors. Our Government has also announced specific measures to address the impact of global slowdown on India's exports. These include extension of export credit for labour intensive exports, improving the pre and post shipment credit availability, additional allocations for refund of Terminal Excise Duty/CST and export incentive schemes, and removal of export duty and export ban on certain items. A Committee of Secretaries has been set up to address, on continuing basis, procedural problems being faced by exporters.
Mr. Speaker, Sir,
19. The favorable economic environment created by the reforms of 1990's gradually inspired the confidence of foreign investors in our economy, leading to rise in capital inflows. India has evolved a liberal and transparent policy for Foreign Direct Investment (FDI). Except for a small negative list, FDI is allowed mostly on the automatic route. During 2007-08, we received a record US $ 32.4 billion of FDI. In spite of global financial crisis, inward FDI flows during April-November 2008 were US$ 23.3 billion, representing a growth of 45 per cent over the same period in 2007. Latest figures show a slow down. To provide an impetus to foreign investment in India, guidelines are being further simplified and made homogenous and consistent across various sectors.
20. Extraordinary economic circumstances merit extraordinary measures. Now is the time for such measures. Our Government decided to relax the FRBM targets, in order to provide much needed demand boost to counter the situation created by the global financial meltdown. Indeed, depending on the response of the domestic economy and the revival of the global economy, there may be a need to consider additional fiscal measures when the regular budget is presented by the new Government after the elections. However, the medium term objective must be to revert to the path of fiscal consolidation at the earliest. The Thirteenth Finance Commission has been asked to lay down the roadmap in this regard. The new Government will have to address it in the light of future developments in the domestic and international economic environment.
21. The recent developments have also brought out the need for accelerating the pace of policy reforms, including in the financial sector, to make the economy more competitive. The economic regulatory and oversight systems have to be made more efficient and effective to bring the economy back to the 9 per cent growth path at the earliest.
22. We also have to take note of Prof. Amartya Sen's observation and I quote "along with old slogan of 'growth with equity', we also need a new commitment towards 'down turn with security', given the fact that occasional downturns are common - possibly inescapable - in market economies" unquote. Employment generation schemes have to be expanded and social security nets have to be strengthened to protect the vulnerable sections of our society.
Mr. Speaker, Sir,
23. Let me now briefly review the progress in some important areas.
Initiatives and Achievements
24. UPA Chairperson, Smt. Sonia Gandhi had said "To be equitable, economic growth has to be sustainable. To be sustainable, economic growth has in turn to be all inclusive. All inclusive is no longer the greatest good of the greatest number. It is actually Sarvoday or the rise of all". In pursuance of that vision, the UPA Government in the National Common Minimum Programme had declared its intention to make growth more inclusive. The Eleventh Five Year Plan provides a comprehensive framework and strategy for making growth both faster and more inclusive. Impressive growth rates and buoyant revenues gave us the head room to fund ambitious programmes to achieve these objectives.
Agriculture
25. Never losing sight of our commitment to the welfare of Aam Aadmi and recognizing that 60 per cent of our population lives in villages, focused attention has been given by our Government to the agriculture sector:
(i) In the period between 2003-04 and 2008-09, our Government increased the plan allocation for agriculture by 300 per cent.
(ii) The Rashtriya Krishi Vikas Yojana was launched in 2007-08 with an outlay of Rs.25 thousand crore, to increase growth rate of agriculture and allied sector to four per cent per annum during the Eleventh Plan period. The scheme has encouraged State Governments to take initiatives to develop the agricultural sector.
(iii) On June 18, 2004 our Government had announced a package for doubling the flow of credit to agriculture. The credit disbursements have already gone up from Rs.87 thousand crore in 2003-04 to about Rs.2.5 lakh crore in 2007-08 marking a three fold increase. To strengthen the short-term co-operative credit structure, the Government is implementing a revival package in 25 States involving a financial assistance of around Rs.13 thousand five hundred crore. Government will continue to provide interest subvention in 2009-10 to ensure that farmers get short term crop loans upto Rs.3 lakhs at 7 per cent per annum.
(iv) The Agricultural Debt Waiver and Debt Relief Scheme for farmers, announced in the last budget speech, was implemented by June 30, 2008 as scheduled. The Scheme has been able to restore institutional credit to indebted farmers. As per early reports, the total debt waiver and debt relief so far, amounts to Rs.65 thousand three hundred crore covering 3.6 crore farmers.
(v) Our Government is committed to ensuring "food security" in the country and meeting the food requirement of the poor under the Targeted Public Distribution System (TPDS). In spite of higher procurement costs and higher international prices during the last five years, the central issue prices under the TPDS have been maintained at the level of July 2000 in case of Below Poverty Line (BPL) and Antyodaya Anna Yojana (AAY) categories and at July 2002 levels for Above Poverty Line (APL) category.
(vi) Our Government has ensured remunerative prices for the farmers for their crops. Since 2003-04, Minimum Support Price (MSP) for the common variety of paddy was increased from Rs.550 to Rs.900 per quintal for the crop year 2008-09. In case of wheat the increase was from Rs.630 in 2003-04 to Rs.1,080 per quintal for the year 2009.
Rural Development
26. Our Government has accorded highest priority to rural development. A number of programmes have been designed to help improve the living conditions of rural population.
(i) The Rural Infrastructure Development Fund (RIDF) is the main instrument to channelize bank funds for financing rural infrastructure. It is popular among State Governments. The corpus of RIDF was increased from Rs.5,500 crore in 2003-04 to Rs.14 thousand crore for the year 2008-09 ensuring greater availability of funds for its activities. A separate window for rural roads was created under RIDF with a corpus of Rs.4 thousand crore for each of the last three years.
(ii) Given the importance accorded to housing for the weaker sections in rural areas, 60 lakh houses were to be constructed under the Indira Awaas Yojana by 2008-09. In the period between 2005-06 and December 2008, 60.12 lakh houses have already been constructed.
(iii) Panchayat Empowerment and Accountability Scheme (PEAIS) is an existing scheme under the central sector plan which has been recognized as a powerful instrument to incentivise States to empower the Panchayats and put in place accountability systems to make their functioning transparent and efficient. Acknowledging the need to build in incentives for encouraging States to devolve funds, functions and functionaries and set up an institutional framework for such devolution, the Government proposes to substantially expand the scheme by making suitable allocations.
(iv) The Department of Posts has launched "Project Arrow" to revitalize its core operations and to provide new technology enabled service to the common man. So far this has been successfully implemented in 500 post offices in the country. This Project will receive full government support as it will enhance the services offered to masses and would also lay the foundation for a vibrant delivery mechanism for many social sector schemes such as pension and National Rural Employment Guarantee Scheme (NREGS).
Mr. Speaker, Sir,
Education
27. It has been said that literacy levels are a measure of a nation's degree of commitment to social justice. A literate environment is essential for ensuring universal elementary education, reducing child mortality, curbing population growth, ensuring gender equality and acquiring essential livelihood skills:
(i) The year 2008-09 was a momentous year for secondary education when several major initiatives, including a new Centrally Sponsored Scheme to universalise education at secondary stage was launched.
(ii) Higher education is of vital importance for the country in consolidating its comparative advantage in skill and knowledge intensive services and in building a knowledge based society. Our Government has taken a decisive initiative in this direction. The outlay on Higher Education has been increased 900 per cent in the Eleventh Five Year Plan. An Ordinance has been promulgated for establishing 15 Central Universities. Six new Indian Institutes of Technology (IIT) have started functioning in Bihar, Andhra Pradesh, Rajasthan, Orissa, Punjab and Gujarat during 2008-09. Two more IITs in Madhya Pradesh and Himachal Pradesh are expected to commence their academic sessions in 2009-10. With the commencement of academic sessions in the Indian Institutes of Science Education and Research (IISERs) at Bhopal and Thiruvananthapuram, all 5 IISERs announced earlier are now functional. Two new schools of Planning and Architecture at Vijayawada and Bhopal have already started functioning. Teaching is expected to commence in four of the six new Indian Institutes of Management, proposed for the Eleventh Plan period, from the academic year 2009-10. These are in Haryana, Rajasthan, Jharkhand and Tamil Nadu.
(iii) The UPA Government has revised the Educational Loan Scheme, as a result of which the number of loan accounts has increased by more than four times during the period March 31, 2004 to September 30, 2008 from 3.19 lakhs to 14.09 lakhs. The loan outstanding during this period has increased from Rs.4 thousand five hundred crore as on March 31, 2004 to Rs.24 thousand two hundred and sixty crore as on September 30, 2008.
(iv) Following our announcement in 2004-05, nearly 500 ITIs have been upgraded into centres of excellence. As an integral part of the coordinated action plan for skill development, the Government created the National Skill Development Corporation in July 2008 with an initial corpus of Rs.1 thousand crore to stimulate and coordinate private sector participation in skill development.
Mr. Speaker, Sir,
28. I now turn to the social sector.
Social Sector
29. The UPA Government has launched many new schemes to provide steady monetary assistance to weak and downtrodden people of our society. Emphasis has also been given to the empowerment of women which has been an abiding objective of the UPA Government. I give some details of the important schemes:
(i) To further strengthen social and economic inclusion of minority communities, the new Ministry of Minority Affairs has been set up. Our Government has announced the Prime Minister's 15-point programme for the welfare of the minorities. Adequate allocations are being made to support this initiative.
(ii) The Scheduled Tribes and other Traditional Forest Dwellers (Recognition of Forest Rights) Act 2006, which was notified for operation with effect from December 31, 2007, has been widely welcomed by Scheduled Tribes and other traditional forest dwellers who now have legal rights on forest land which they have been cultivating or using over generations for eking out their livelihood.
(iii) The National Safai Karamchari Finance and Development Corporation (NSKFDC) has been mandated to provide loans at concessional rates for economic development of persons engaged in unclean occupations. The authorized capital of this organization is being raised from Rs.200 crore to Rs.300 crore to enable it to effectively carry out its mandate. The scope of the pre-matric scholarship for children of those engaged in unclean occupations has been expanded and the rates of scholarships have been doubled in 2008-09. The annual ad hoc grant has also been substantially increased by almost 50 per cent as compared to the earlier rates.
(iv) Efforts of our Government and the financing institutions have led to a rapid growth of credit linked Women Self Help Groups which are now over 29 lakh in number. In this context, the Rashtriya Mahila Kosh will be strengthened by enhancing its authorized capital.
(v) In December 2008, 'Priyadarshini Project', which is a rural women's empowerment and livelihood programme, was launched in U.P. with the assistance of IFAD. The project will be implemented as a pilot in the district of Madhubani and Sitamarhi in Bihar and Shravasti, Bahraich, Rai Bareli and Sultanpur in U.P.
(vi) A revised and modified scheme named 'Indira Gandhi National Old Age Pension Scheme' was launched on November 19, 2007. This scheme covers all persons aged 65 years and above belonging to BPL households. So far 146 lakh persons have benefited from this scheme during the current financial year.
(vii) Two new schemes - Indira Gandhi National Widow Pension Scheme and Indira Gandhi National Disability Pension Scheme - are being launched in the current year. The Indira Gandhi National Widow Pension Scheme will provide pension of Rs.200 to widows between the age groups of 40-64 years. The Indira Gandhi National Disability Pension Scheme aims to provide pension to severely disabled persons.
(viii) In order to empower young widows in the age group 18-40 and equip them to stand on their own feet, I propose to give them priority in admissions to ITIs, Women ITIs and National/Regional ITIs for Women. Government will bear the cost of their training and provide stipend of Rs.500 per month.
(ix) The Government launched Rashtriya Swasthya Bima Yojana for BPL families in the unorganized sector on October 1, 2007. Up to January 15, 2009, 22 States and Union Territories have initiated the process to implement the scheme. The Government of India also launched the Aam Aadmi Bima Yojana (AABY) on October 2, 2007. The AABY is a Scheme for death and disability cover of rural landless in the country in conjunction with the State Governments. Upto December 31, 2008, the Scheme has covered 60.32 lakh lives.
Mr. Speaker, Sir,
Public Sector Enterprises
30. We have created a strong public sector which has evolved in response to the nation's needs and provided stability to our development efforts. When the UPA Government took charge, the turnover of Central Public Sector Enterprises (CPSEs) in 2003-04 was Rs.5 lakh 87 thousand crore which has grown by 84 per cent to Rs.10 lakh 81 thousand crore in 2007-08. During the same period, profits of CPSEs have increased by 72 per cent from Rs.53 thousand crore to Rs.91 thousand crore and their contribution to the Central Exchequer by way of dividend, interest and taxes and duties has recorded an increase of 86 per cent. The number of loss making enterprises has come down from 73 in 2003-04 to 55 in 2007-08 and the number of profit making enterprises has gone up from 143 to 158 during the same period.
31. In order to maintain ethics and probity in the functioning of CPSEs, the Government approved the implementation of Guidelines on Corporate Governance in CPSEs in June, 2007.
32. In November 2007, Government constituted the National Investment Fund into which the proceeds from disinvestment of Government equity in Central Public Sector Enterprises (CPSEs) are deposited. Three-quarters of annual income of the Fund will be used to finance select social sector schemes which promote education, health and employment. The residual 25 per cent annual income of the Fund will be used to meet the capital investment requirements of profitable and revivable CPSEs. As on December 31, 2008, the corpus of the Fund was about Rs.1815 crore.
Financial Sector Reforms
33. Over past years, technological, institutional and legal reforms in the financial sector have resulted in Public Sector Banks achieving significant improvement in their financial health. The asset quality has improved and NPAs have declined considerably from 7.8 per cent on March 31, 2004 to 2.3 per cent on March 31, 2008.
34. In the case of Regional Rural Banks (RRBs), a process of amalgamation and recapitalization of those with negative networth has been initiated. Over the last four years, 196 RRBs have been merged into 85 RRBs. The Central Government has contributed Rs.652 crore for the capitalization of RRBs upto December 31, 2008.
35. The UPA Government has undertaken a number of reforms in the last four years to deepen and widen the Securities markets and strengthen the regulatory mechanisms for these markets. The initiatives include reforms in the corporate bond market, participation of foreign institutional investors, foreign investment in stock exchanges, setting up of a dedicated training and research institute in the securities market, making PAN the sole identification number, streamlining the process and grading of initial public offering etc. Systems and practices have been put in place to promote a safe, transparent and efficient market and to protect market integrity.
36. The Government undertook a comprehensive revision of the Companies Act, 1956 to make it a compact law that, while responding to the changes in the business environment, would enable adoption of internationally accepted best practices. The Companies Bill, 2008 based on this exercise, has been introduced in Parliament.
Mr. Speaker, Sir,
Tax effort
37. In the days of financial stress, tax rates must fall and our ability to pay taxes must rise. Therefore, our Government undertook comprehensive reforms of the tax system, both the direct and the indirect tax system, with a view to improving its efficiency and equity. Distortions within the tax structure have been reduced by expanding the tax base and moderating the tax rates. The personal income-tax rates have been rationalized by increasing the threshold limit and adjusting the tax slabs to provide relief to taxpayers. Similarly, Customs Duty rates have been steadily reduced to eliminate the bias against the export sector and promote competition and efficiency in the manufacturing sector. The rates of Union Excise Duties and Service Tax have also been rationalized to enable eventual shift to the Goods and Services Tax on April 1, 2010. The Government also facilitated the introduction of the State level VAT in April 2005.
38. These structural changes were also supported by undertaking modernisation of the business processes of the tax administration through extensive use of information technology, viz., e-filing of returns, e-payment of taxes, issue of refunds through ECS and refund bankers, computer assisted selection of returns for scrutiny, establishing taxpayer information system and a computerised tax payment reporting system. These measures have enabled the tax administration to enhance its functional efficiency and provide better taxpayer service leading to increased compliance levels. To prevent movement of contraband goods across the country's sea borders, the Government has sanctioned acquisition of 109 marine vessels for the Customs Department.
Administrative Reforms
39. The Government set up the second Administrative Reforms Commission in August 2005 with a mandate to suggest measures to achieve a proactive, responsive, accountable, sustainable and efficient administration for the country at all levels of the government. The Commission has brought out number of reports with practical recommendations, providing a starting point for improving efficiency in the delivery of public services. The enactment of the Right to Information Act in 2005 at the Centre and in many States has bridged a critical gap in the public decision-making process, ushering in greater accountability of the public servants.
40. The Sixth Central Pay Commission submitted its recommendations in March, 2008. Government considered and improved upon the recommendations of the Sixth Central Pay Commission. This has benefited over 45 lakh Central Government employees including Defence Forces and Para Military forces and over 38 lakh pensioners. It is my hope that this will not only improve the quality of administration but will also help the economy by supporting demand.
Revised Estimates 2008-09
41. Mr. Speaker, Sir, I shall now briefly go over the Revised Estimates for 2008-09.
42. The Budget Estimate for 2008-09 had placed the total expenditure at Rs.7,50,884 crore. This has now been revised to Rs.900,953 crore, showing an increase of Rs.1,50,069 crore.
43. Plan Expenditure for 2008-09 was placed at Rs.2,43,386 crore in the Budget Estimate. It has now gone up to Rs.2,82,957 crore in the Revised Estimate. The additional plan spending of Rs.39,571 crore is on account of an increase in Central Plan by Rs.24,174 crore and an increase of Rs.15,397 crore in the Central Assistance to State and UT Plans. The Central Plan expenditure has increased for Rural Development, Atomic Energy, Telecommunications, Textiles, Urban Development, Youth Affairs and Sports and Railways. The increase in Central Assistance for State and UT Plans is on account of additional Central Assistance for Externally Aided Projects, Accelerated Irrigation Benefit Programme, Roads and Bridges, National Social Assistance Programme, Jawaharlal Nehru National Urban Renewal Mission and Tsunami Rehabilitation.
44. On the Non-Plan side, the additionality of Rs.1,10,498 crore in the Revised Estimates is accounted for by an increase in the expenditure of Rs.44,863 crore on fertilizer subsidy, Rs.10,960 crore on food subsidy, Rs.15,000 crore on Agricultural Debt Waiver and Debt Relief Scheme, Rs.7,605 crore on Pensions, and Rs.5,149 crore on Police. An additional amount of Rs.9,000 crore has also been provided for Defence expenditure.
45. Non-Tax Revenues constitute an important component of our receipts. As against the Budget Estimates of Rs.95,785 crore for 2008-09, the Revised Estimates for the Non-Tax Revenues are Rs.96,203 crore.
46. In keeping with the recent trend, the actual tax collections during2007-08 exceeded the Revised Estimates for 2007-08, both for Direct and Indirect Taxes. However, for 2008-09, the RE of tax collection is projected at Rs.6,27,949 crore as against the BE of Rs.6,87,715 crore. This shortfall is primarily on account of the Government's pro-active fiscal measures initiated to counter the impact of global slowdown on the Indian economy. A substantial relief of about Rs.40,000 crore has been extended through tax cuts, including a fairly steep across the board reduction in Central Excise rates in December, 2008. Despite this, it is expected that the tax collection in 2008-09 would exceed last year's collection.
47. Taking into account the variations in receipts and expenditure, the current year is expected to end with a Revenue Deficit of Rs.2,41,273 crore as against the budgeted figure of Rs.55,184 crore. Accordingly, the revised Revenue Deficit stands at 4.4 per cent of GDP instead of 1.0 per cent in the Budget Estimates. Similarly, the fiscal deficit for 2008-09 has gone up from Rs.1,33,287 crore in the BE to Rs.3,26,515 crore in the RE. The revised fiscal deficit is estimated at 6 per cent of the GDP as against the budgeted figure of 2.5 per cent.
48. Constitutional propriety requires that new Government formulates the tax and expenditure policies for 2009-10. These policies, in the medium term perspective, would have to:
(a) pursue macro economic policies to sustain a growth rate of at least 9 per cent per annum over an extended period of time;
(b) strengthen the mechanisms for inclusive growth for creating about 12 million new work opportunities per annum;
(c) reduce the proportion of people living below poverty line to less than half from current levels by 2014;
(d) ensure that Indian agriculture continues to grow at annual rate of at least 4 per cent;
(e) bridge the infrastructure gap by increasing the investment in infrastructure to more than 9 per cent of GDP by 2014;
(f) support Indian industry to meet the challenge of global competition and sustain the growth momentum in exports;
(g) strengthen and improve the economic regulatory framework in the country;
(h) expand the range and reach of social safety nets by providing direct assistance to vulnerable sections and insulate them from dislocative effects of slowdown in economy;
(i) strengthen the delivery mechanism for primary health care facilities with a view to improve qualitatively the preventive and curative health care in the country;
(j) create a competitive, progressive and well regulated education system of global standards that meets the aspiration of all segments of the society; and
(k) move towards providing energy security to all by pursuing an Integrated Energy Policy.
49. The term of the UPA Government comes to an end in a few months. Therefore, I am presenting an Interim Budget for the purpose of Vote on Account to enable the Government to meet expenditure during the first four months of the next financial year.
Mr. Speaker, Sir,
50. Let me now turn to the Estimates for the Interim Budget 2009-10.
Budget Estimates 2009-10
51. I am proposing the total expenditure for fiscal 2009-10 at Rs.9,53,231 crore. This includes a provision of Rs.2,85,149 crore under plan and Rs.6,68,082 crore under non plan.
52. The plan allocation under various heads provided at this stage is limited to the provision at the BE stage last year, plus additional amounts on account of the two stimulus packages, which has been reflected in the Revised Estimates for 2008-09. It also reflects a modest increase in Central Assistance to the States to enable the States to complement their budgetary resources. The total Gross Budgetary Support (GBS) for the Plan at Rs.2,85,149 crore, is 17.16 per cent higher in nominal terms than the GBS Plan for BE 2008-09.
53. The budgetary support to the Plan for 2009-10, in comparison to BE 2008-09 has been increased for Department of Rural Development, Department of Road Transport and Highways, Railways, Ministry of Power, Department of Industrial Policy and Promotion and Department of Information Technology with a view to maintain the fiscal tempo to address the economic slowdown and meet the requirements of rural and infrastructure development. In addition, enhanced Plan allocations have been provided for Ministry of Youth Affairs and Sports and Ministry of Culture to ensure availability of adequate resources for the preparation towards hosting of the Commonwealth Games next year. I have ensured adequate allocations to our flagship programmes which directly impact Aam Aadmi:
(i) National Rural Employment Guarantee Scheme was launched in February 2006 and has now been extended to all the districts of the country. During the year 2008-09, employment of 138.76 crore person days, covering 3.51 crore households, has already been generated. The implementation of this programme has resulted in increased wage employment, enhanced wage earnings, improved equity with significant benefits flowing to SC/ST and women. This has also led to increased demand for and consumption of wage goods. I propose an allocation of Rs.30,100 crore for this Scheme for the year 2009-10.
(ii) Sarva Shiksha Abhiyan has made significant contribution in providing access to and infrastructure for elementary education. About 98 per cent of our habitations have been covered by primary schools and the focus now is to improve the quality of elementary education. Between 2003-04 and 2008-09, the allocation for this programme has been increased by 571 per cent. For the year 2009-10, I propose an allocation of Rs.13,100 crore for this programme.
(iii) The national programme of Mid-day Meals in schools is the world's largest school feeding programme and has contributed to enhancement of school participation, reduction in class room hunger, and fostering of social and gender parity. I propose an allocation of Rs.8,000 crore to this Scheme for the year 2009-10.
(iv) In our Government's efforts to universalize the Integrated Child Development Scheme (ICDS) in the country, it was expanded twice in the last five years to cover the hitherto uncovered habitations across the country. In our commitment to reduce the malnutrition levels in the country, the UPA Government has recently adopted the New WHO Child Growth Standards for monitoring growth of children under ICDS. I propose an allocation of Rs.6,705 crore for this Scheme for the year 2009-10.
(v) Jawaharlal Nehru National Urban Renewal Mission was launched to give focused attention to integrated development for urban infrastructure and services in mission mode, in identified cities. A major achievement of the UPA Government is development and extension of Mass Rapid Transport System (MRTS) in major cities like Bengaluru, Chennai, Delhi, Hyderabad, Kolkata and Mumbai. Under Jawaharlal National Urban Renewal Mission, 386 projects amounting to Rs.39,000 crore have been sanctioned as of December 31, 2008. For the year 2009-10, I propose an allocation of Rs.11,842 crore for this programme.
(vi) Rajiv Gandhi Rural Drinking Water Mission is envisaged to supply safe drinking water to uncovered habitations and slipped back habitations. I propose an allocation of Rs.7,400 crore for this programme for the year 2009-10.
(vii) Total Rural Sanitation Programme is a continuous process. I propose an allocation of Rs.1,200 crore for this programme for the year 2009-10.
(viii) National Rural Health Mission aims to bring about uniformity in quality of preventive and curative healthcare in rural areas across the country. I propose an allocation of Rs.12,070 crore for this programme during the year 2009-10.
(ix) Bharat Nirman is a time bound plan for building rural infrastructure. It has six components namely, rural roads, telephony, irrigation, drinking water supply, housing and electrification. There has been all round progress in the implementation of this programme. During 2005-2009, the allocation to this programme has been increased by 261 per cent. For the year 2009-10, I propose an allocation of Rs.40,900 crore for this programme.
54. The UPA Government has been working on improving arrangements to ensure that development deliverables reach the intended beneficiaries. In order to do so efficiently, effectively and economically, a comprehensive system of Unique Identity for the resident population of the country has been worked out. The Unique Identification Authority of India is being established under the aegis of Planning Commission for which a notification has been issued in January 2009. A provision of Rs.100 crore has been made in the Annual Plan 2009-10 for this.
55. To ensure continuity in financing of rural infrastructure projects, I propose RIDF-XV with a corpus of Rs.14,000 crore and continuation of the separate window for rural roads with a corpus of Rs.4,000 crore.
56. To counter the negative impact on exports due to the global financial crisis, I propose to extend the interest subvention of 2 per cent on pre and post shipment credit for certain employment oriented sectors i.e. Textiles (including handloom & handicrafts), Carpets, Leather, Gem and Jewellery, Marine products and SMEs beyond March 31, 2009 till September 30, 2009. This is expected to involve an additional financial outgo of Rs.500 crore during Financial Year 2009-10.
57. Government would recapitalize the public sector banks over next two years to enable them to maintain Capital to Risk Weighted Assets Ratio (CRAR) of 12 per cent and to ensure that credit growth continues to sustain economic growth.
58. While the proposed provisions are appropriate for a Vote-on-Account, I would like to point out that Plan expenditure for 2009-10 may have to be increased substantially at the time of the presentation of the regular Budget, if we are to give the economy the stimulus it needs to cope with the global recession that is likely to continue through the year. In the current environment, there is a clear need for contra-cyclical policy and it calls for a substantial increase in expenditure in infrastructure development where we have a large gap and in rural development where the programs such as Bharat Nirman and NREGS are playing a vital social role. Since the scope for revenue mobilization is bound to be limited in a period of economic slowdown, any increase in plan expenditure will increase the fiscal deficit. Indeed, we may have to consider additional plan expenditure of anything from 0.5 per cent to 1.0 per cent of the GDP and gear up our systems accordingly.
Mr. Speaker, Sir,
59. We are going through tough times. The Mumbai terror attacks have given an entirely new dimension to cross-border terrorism. A threshold has been crossed. Our security environment has deteriorated considerably. In this context, I propose to increase the allocation for Defence, which is a part of non plan expenditure to Rs.1,41,703 crore. This will include Rs.54,824 crore for capital expenditure. Needless to say, any additional requirement for the security of the nation will be provided for.
60. I am also making a provision of Rs.95,579 crore for major subsidies including food, fertilizer and petroleum.
61. For the fiscal 2009-10, Gross Tax Revenue receipts at the existing rates of taxation are estimated at Rs.6,71,293 crore and Centre's net tax revenue at Rs.5,00,096 crore. With revenue expenditure estimated at Rs.8,48,085 crore, the revenue deficit amounts to 4.0 per cent of GDP. Fiscal Deficit is estimated at Rs.3,32,835 crore which is 5.5 per cent of GDP. This would be lower than in 2008-09, but higher than would be appropriate under normal circumstances. However, conditions in the year ahead are not likely to be normal and, therefore, the high fiscal deficit is inevitable. We will return to FRBM targets once the economy is restored to its recent trend growth path.
62. Honourable members are aware that the ceiling of fiscal deficit that the States can incur in 2008-09, in terms of the Debt Consolidation and Relief Facility set up under the Twelfth Finance Commission award has been increased by 0.5 per cent of the GSDP to 3.5 per cent. This may have to be reviewed in view of the response of the economy in the coming months.
Conclusion
63. India has arrived on the international economic scene. In the last five years, the Indian economy has grown at an impressive 8.6 per cent which is much faster than ever before. This growth has been more inclusive providing people expanded opportunities for livelihood. The creative energies of our farmers, entrepreneurs, businessmen, scientists, engineers and workers have been unleashed.
64. Increased global competitiveness of Indian enterprise, its resilience to global shocks, and a positive economic outlook has contributed to a marked change in the way the Indian economy is being viewed, within and outside the country.
65. The successful launch of Chandrayaan and the historic feat of placing the Indian tri-colour on Moon's surface has made us members of a very select club of countries who have well developed space programmes.
66. India has made determined progress in finding its rightful place in the Comity of Nations with a credible voice that matters in the deliberations of the global political and economic order. We have succeeded in dismantling the nuclear apartheid that India was subjected to for more than three decades. This has opened up new opportunities for civil nuclear cooperation and cleared the pathways for rapid industrialization of our country.
67. For all this and more, I would like to express my deep gratitude to UPA partners and supporters who walked the extra mile with us in this journey.
68. Mr. Speaker, Sir, our people will soon be called upon to exercise their democratic right to choose the next Government. The Indian people have repeatedly shown that they can be relied upon to make sound decisions to secure the nation's future. They have seen how the 'Aam Aadmi' has become the focus of the development process. They have also seen how our Government has successfully steered the country through difficult times. They have experienced the joy of being citizens of a proud nation moving ahead with confidence. I have no doubt that when the time comes, our people will recognize the hand that made it all possible. The hand that alone can help our nation on the road to peace and prosperity.
69. Sir, with these words, I commend the Interim Budget to the House.