The Economic Survey 2013-14

The Economic Survey 2013-14, has forecasted GDP growth for the year 2014-15 in the range of 5.4-5.9 per cent.

Delhi has become World's Second Most Populous City

Delhi has become World's Second Most Populous City. Tokyo, Delhi  followed by Shanghai with 23 million, and Mexico City, Mumbai and Sao Paulo with 21 million each.
Delhi has  more than doubled its population since 1990 to 25 million.

Polavaram Bill

Polavaram  Bill. paves the way for the Polavaram project in Andhra Pradesh by merging some villages and mandals of Telangana with Seemandhra.
205 villages under seven mandals of Khammam district of Telangana  will be merged with Andhra Pradesh. which will  prevent any inter-state dispute.
These villages are likely to be submerged by Polavaram project being built across Godavari river in Andhra Pradesh. 

BIPA

Bilateral Investment Promotion and Protection Agreements (BIPA).India has signed 83 BIPA of which 72 are in force currently.promote FDI

Invitation to Modi

Deputy Secretary of State William Burns met Modi and handed him over Obama's invitation for visit in September with “concrete outcomes”

Smart Cities in India

Smart Cities. Govt has allocated Rs.7,060 crore to develop 100 smart cities and satellite towns. A smart city like Singapore, will  run  on technology for electricity, water, sanitation and recycling, traffic and transport systems, automated building security and surveillance systems and 24x7 high-speed connectivity of Wi-Fi-powered open spaces and houses.
Palava city,in Mumbai,is going  to become the first-of-its-kind partially completed smart city , by 2025.

Chakravarthi Rangarajan's  recommendation.A committee headed by   Chakravarthi Rangarajan, a former chairman of the prime minister’s Economic Advisory Council, and  former RBI governor  , has set up a bench mark for poverty line in rural and urban area.  Under the recommendation, a rural family of five spending less than 4,860 rupees or an urban family spending less than 7,035 rupees,(or Those spending over Rs 32 a day in rural areas and Rs 47 in towns and cities) should be deemed poor. This makes 36 Crore Indians, or 29.5 percent, as poor in 2011-12.

The committee has duly studied government's statistics to ascertain the ability of households to pay for food that provides the minimum nutrition a human needs to function normally. it  includes 48 to 50 grams of protein per person per day, and on education, health care, housing and a range of products including electricity, transport and clothing.

Suresh Tendulkar  committee, in 2011-12, had fixed the poverty line  at Rs 27 in rural areas and Rs 33 in urban areas.

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