1.   

Manmohan Singh calls for inclusive growth, lauds Chidambaram

Prime Minister Dr. Manmohan Singh on Wednesday said our strategy must not only aim at faster growth but must also ensure that the growth processes are more inclusive. "There are many policies that can help achieve this objective. This also calls for special programmes to meet the needs of excluded sections, especially the Scheduled Castes and Scheduled Tribes, the OBCs and the Minorities. We have many such programmes.

2.   

Rediscover your sense of optimism, Chidambaram tells India Inc

Finance Minister P. Chidambaram wants Indian industry to show the same confidence for their country, as they have expressed for foreign countries when investing overseas. “We must revive investment, and industry must play its part. Industrial houses appear to be confident when they decide to invest abroad. The same confidence must be exhibited in order to invest in India,” Chidambaram said here on Wednesday.

3.   

Farm sector set for higher growth - Finance Minister

The farm sector is set for "significantly" higher growth in the current fiscal year, Finance Minister P.Chidambaram said on Wednesday, as result of above average monsoon rains. India recorded the highest ever food grain production in the 2010/11 crop year with 257 million tonnes, including 104 million tonnes of rice, the main grain crop of the South Asian country.

4.   

Govt enhances interest subsidy to push exports

Faced with sagging exports and rising trade deficit, the government today raised rate of interest subsidy for exporters to 3 per cent and promised to clear pending claims expeditiously, entailing an additional burden of Rs 2,000 crore to the exchequer. "A number of steps are under way to augment exports. I have offered him (Commerce Minister Anand Sharma) full support and provided, today, additional funds of Rs 2,000 crore. This will include increasing the interest subvention from 2 per cent to 3 per cent on certain exports," Finance Minister P Chidambaram told reporters here.