Log has written
FRIDAY, MAY 25, 2012

New Delhi: The government on Friday reconstituted the Planning Commission, retaining Montek Singh Ahluwalia as deputy chairman of the country’s top planning body.

Prime Minister Manmohan Singh is the chairman of the commission.

The government has inducted three new members, including former member of the prime minister’s economic panel, Saumitra Chaudhuri. The other new members are Narendra Jadhav, honorary vice-chancellor of Pune University, and Mihir Shah, secretary of Samaj Pragati Sahayog, a non-profit organization.

The government has also retained Abhijit Sen, Syeda Hameed and B. K. Chaturvedi as members.

The members who did not figure in the new list are Kirit Parikh, V. L. Chopra, B. Mungekar and B. N. Yugandhar.

A close confidant of Singh, Ahluwalia was instrumental in framing India’s response to the global financial crisis and represented the country at important meetings such as at the group of 20 nations.

An important task before the new panel would be to undertake a mid-term review of the 11th five year plan aimed at raising economic growth to 9% by March 2012.

In the current fiscal to 31 March, the Reserve Bank of India has projected a growth rate of 6%. Also, President Pratibha Patil, in her address to Parliament on Thursday, said: “The current financial year is expected to see a slowing down of growth on account of global recession.”

READ MORE ARTICLES BY:
blog comments powered by Disqus
Bharti to buy Qualcomm’s India unit
The acquisition will put it in a position to offer high-speed wireless data services in 18 of the 21...
Canada’s Intact, HDI-Gerling lead Reliance General stake race
The deal value could be around Rs 1,500 crore, which would make it among the largest foreign investments...
Management students find new summer jobs in govt
The trend seems more prevalent at the newer (some would say lesser) IIMs than at the older ones, although...
Not yet a soft landing for Jet Airways
On a stand-alone basis, Jet’s total revenue rose 25% in the March quarter to Rs 4,042 crore over...
Rupee rebounds on dollar sales, revived sentiment
The central bank is not ruling out the sale of dollars to oil companies directly, says governor