Montek

  • Odisha doesn't have special disadvantage to get special status: Montek Singh Ahluwalia 05-03-2014 01:56 PM

    Odisha does not have any "special disadvantage" to get special category status and it should focus on "other windows" to get more assistances from the Centre, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. "Special category status is accorded to a state under very special circumstances and Odisha doesn...
  • Need to make educational scholarships demand driven: Montek Ahluwalia 09-02-2014 07:33 PM

    Mumbai: Stating that the money allocated for educational scholarships is going unutilised, Planning Commission's Deputy Chairman Montek Singh Ahluwalia said on Sunday the scholarships should be made demand driven. "Scholarships should be demand determined so that those who rightfully need the help get it," Ahluwalia said at a seminar. He...
  • Food security not an issue if resources are managed well: Ahluwalia 08-02-2014 09:12 PM

    New Delhi: Sustainable food security will not a problem if scarce resources like water and energy are managed well, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Saturday. "The essence of whole concept of sustainability is how you handle things. So, in my view energy and water are scarce...
  • 6 per cent GDP growth next fiscal, better 2nd half in 2013-14 says Montek Singh Ahluwalia 27-11-2013 02:51 PM

    Exuding confidence that economy will be back on high growth trajectory, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday said that GDP will expand by over 6 per cent next fiscal and performance will be better in second half of this fiscal. "I could easily say that it (economic...
  • Price situation will be corrected soon, says Montek 14-11-2013 05:22 PM

    Terming October wholesale inflation "uncomfortable", Planning Commission Deputy Chairman Montek Singh Ahluwalia, on Thursday said the price situation will get corrected soon as it is seasonal. "I think it clearly remains uncomfortable because of food inflation. Core inflation is still quite modest. I think the food inflation must come down,"...
  • London based magazine ranks Manmohan Singh as most influential Sikh 10-11-2013 12:36 PM

    Prime Minister Manmohan Singh has been listed as the world's most powerful, influential and contemporary Sikh, according to the first edition of the annual 'Sikh 100' published in London. According to the list, the world's first comprehensive ranking of the most powerful, influential and contemporary Sikhs in the world brought...
  • Montek slams Goldman Sachs, says UPA has a strong development plan 09-11-2013 05:58 PM

    Planning Commission Deputy Chairman Montek Singh Ahluwalia on Saturday slammed global investment banker Goldman Sachs report, which suggested BJP's prime ministerial candidate and Gujarat Chief Minister Narendra Modi as an agent of Change. Ahluwalia asserted that the UPA government had laid out a very bold development agenda. ...
  • Goldman Sachs should not comment on political matters, says Montek 09-11-2013 05:58 PM

    Planning Commission Deputy Chairman Montek Singh Ahluwalia, on Saturday, said US investment bank Goldman Sachs should not be commenting on political matters. "I don't agree with Goldman Sachs. Lots of people have said they should not be pronouncing on these things," Ahluwalia said on the sidelines of a function organised...
  • FIR against Birla doesn't mean government targeting industry: Montek 21-10-2013 03:58 PM

    New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday admitted that Prime Minister Dr Manmohan Singh took the right decision in the allocation of coal blocks to Hidalco industries run by the Birla group. In an interview to CNN-IBN's Karan Thapar, he said, "There is no doubt that...
  • Economy to see turnaround in coming quarters, asserts Montek Singh Ahluwalia 09-10-2013 03:23 PM

    India's GDP will see a turnaround in the coming quarters on account of various steps taken by the government to spur growth as well as good agricultural production, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Wednesday. "Taking all these things together, I expect to see recovery in the...
  • Worst is over for rupee, 60-65 per US dollar fair value: Montek Singh Ahluwalia 09-10-2013 10:55 AM

    Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday said the worst is over for the rupee and the fair value for the currency could be between 60 and 65 against the US dollar. "I would certainly say so (worst is over for rupee). It is evident from the markets...
  • RBI adopted balanced approach in policy review, says Montek Singh Ahluwalia 20-09-2013 04:58 PM

    Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday said that the RBI's mid term monetary policy statement reflects "balanced" approach to deal with "worrisome" inflation and slacking growth. Reserve Bank, in its mid term review of the monetary policy on Friday, decided to hike short term policy rate by...
  • Rajan's statement shown RBI is concerned about inflation: Montek 20-09-2013 03:53 PM

    Deputy Chairman of Planning Commission Montek Singh Ahluwalia said RBI Governor Raghuram Rajan has done somethings that will ease liquidity and at the same time send a signal that the RBI is concerned about bringing inflation down. ...
  • Raghuram Rajan: RBI's new face is also its hottest 16-09-2013 04:47 PM

    New Delhi: 'Y is every1 going ga ga abt RBI gov Raghuram Rajan? Me thinks he looks a bit wily! N I mean it in a sweeeet nice way! Wink wink :)' reads a post which was put up on Twitter today. The fact that people continue to take to...
  • MP govt seeks Rs 2,812 crore from Centre for Ujjain Kumbh mela 14-09-2013 01:16 PM

    Madhya Pradesh government has sought Rs 2,812 crore from the Centre for preparations towards the Kumbh mela to be held in Ujjain in 2016. In a letter to Planning Commission Deputy Chairman Montek Singh Ahluwalia yesterday, Chief Minister Shivraj Singh Chouhan said four to five crore devotees are expected to...
  • Montek meets Arunachal CM to review status of power projects 13-09-2013 08:33 PM

    New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia Friday met Arunachal Pradesh Chief Minister Nabam Tuki to discuss the issues related with hydro power projects in the state. "We are reviewing number of issues. We are very concerned, we want to help Arunachal Pradesh utilise its hydro potential. There...
  • India has adequate forex reserves, says Montek Singh Ahluwalia 06-09-2013 05:45 PM

    India on Friday said it has "adequate" foreign exchange reserves, at present USD 280 billion to defend its currency amid global volatility and ruled out taking any external assistance unless there is a "radical" change in the situation. Planning Commission Deputy Chairperson Montek Singh Ahluwalia also said the rupee's fall...
  • Montek Singh Ahluwalia rules out approaching IMF over economic woes 31-08-2013 06:21 PM

    Hit by a currency crisis and poor growth, India on Saturday ruled out approaching the International Monetary Fund (IMF) for assistance, saying the economic situation has not reached a point where outside help is warranted. Planning Commission Deputy Chairman Montek Singh Ahluwalia said the RBI's forex reserves are adequate to...
  • PM, Chidambaram responsible for economic crisis: Arvind Panagariya 29-08-2013 07:04 AM

    New Delhi: Economist Arvind Panagariya held Prime Minister Manmohan Singh, Finance Minister P Chidambaram, Deputy Chairman of Planning Commission Montek Singh Ahluwalia and President Pranab Mukherjee responsible for the country's economic crisis. Speaking to CNN-IBN's Karan Thapar on Devil's Advocate, he said they have let India down in their management...
  • Cut expenditure to check further slide in the rupee, says Montek 25-08-2013 09:04 PM

    Deputy Chairman of the Planning Commission Montek Singh Ahluwalia has suggested a cut in wasteful government expenditure as a strong and necessary measure to control the fiscal deficit but defended financial burden of the Food Security Bill. He was speaking to Karan Thapar on Devil's Advocate. Here is the transcript...
  • Govt has not drawn any red line on rupee value, says Montek 25-08-2013 07:29 PM

    In the backdrop of the declining value of India's currency, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday said the government has not drawn any red line on the rupee, which he felt has over depreciated. "I don't believe that either the government or the RBI have taken a...
  • Cut wasteful govt expenditures, but spare food subsidies: Montek 25-08-2013 05:42 PM

    Deputy Chairman of the Planning Commission Montek Singh Ahluwalia has suggested a cut in wasteful government expenditure as a strong and necessary measure to control the fiscal deficit but defended financial burden of the Food Security Bill. He was speaking to Karan Thapar on Devil's Advocate. Here is an excerpt...
  • Use foreign exchange reserves to curb the slide of the rupee: Montek 25-08-2013 01:46 PM

    New Delhi: Deputy Chairman of the Planning Commission Montek Singh Ahluwalia in an interview with Karan Thapar on CNN-IBN, suggested the use of foreign exchange reserves as a measure to finance the current account deficit. He said this was one step the government must take to if wants to check...
  • Planning Commission approves Rs 25,250 cr for Chhattisgarh 31-07-2013 09:56 PM

    The Planning Commission on Wednesdayapproved Rs 25,250 crore for Chhattisgarh for 2013-14, up 7.5per cent from a year ago.The annual plan outlay for the state was discussed in New Delhiat a meeting between Planning Commission Deputy ChairmanMontek Singh Ahluwalia and Chief Minister of ChhattisgarhRaman Singh. "The plan size has been...
  • Status check: A Mumbai slum family earning Rs 7,000 a month not BPL? 31-07-2013 11:11 AM

    Mumbai: After being reduced to a farce by politicians, Planning Commission Deputy Chairman Montek Singh Ahluwalia admitted that poverty figures are at an all time low. CNN-IBN's Smitha Nair tried to find out if it is possible to survive in a Mumbai slum for close to Rs 7,000 a month....
  • India @ 9 with Rajdeep Sardesai 29-07-2013 11:57 PM

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Government ready to revise the poverty line figure: Montek 29-07-2013 05:40 PM

    New Delhi: Amid mounting criticism of poverty reduction estimates by the Planning Commission, the panel's Deputy Chairperson Montek Singh Ahluwalia on Monday said that the poverty line decided by Tendulkar Committee was being relooked at. Ahluwalia said Rangarajan Committee, which was formed to give its report on poverty, will take...
  • Congress leaders slam Planning Commission on poverty figures 27-07-2013 02:08 PM

    New Delhi: Congress leaders have joined the debate to slam the Planning Commission on poverty figures and questioned the commission's method of defining the poverty. Congress General Secretary Digvijaya Singh took on to Twitter to express his dissent and said he failed to understand the commission's criteria for fixing the...
  • Raj Babbar hits back at BJP, says he can get a meal for Rs 12 25-07-2013 08:27 AM

    New Delhi: Congress leader Raj Babbar hit out at the Bharatiya Janata Party over the poverty figure debate and said he can have a proper meal for Rs 12 in Mumbai. "Even today, I can have a proper meal in Mumbai for Rs 12," Babbar said. The Congress leader remarks...
  • RBI measures only a 'short term' step: Montek Singh Ahluwalia 16-07-2013 01:40 PM

    In a move to stem the continuing fall of rupee, the RBI on Monday night came out with a slew of measures including hiking the lending rates for banks and sucking up of Rs 12,000 crore, to make the currency dearer. Planning Commission Deputy Chairperson Montek Singh Ahluwalia said that...