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Highlights of Economic Survey of India 2012-13; •Economy expected to grow at 8.6% in 2010-11 and 9 per cent in next fiscal. •9.7% growth of GDP at market prices. •Inflation expected to be 1.5 per cent higher than what it would be if we were not on growth turnpike. •Forex Reserves estimated at US$ 297.3 bn. •Trade gap narrowed to US $ 82.01 bn in April-December 2010. •Agriculture likely to…

Which rank does India hold as per Under Five Mortality rates (U5MR) by UNICEF? 46th rank Where is the 12th Edition of India Fashion Forum 2012 set to begin? Bombay Exhibition Centre, Goregaon Which agricultural university have produced the world’s first cloned pashmina(Cashmere) goat? What is name of the Goat? Sher-e-Kashmir University of Agricultural Sciences and Technology, Noori

The Union Minister of Finance increased budget allocation for major sectors including agriculture, rural development, defence etc. While, the Planned Outlay for Department of Agriculture and Co-operation increased by 18 percent, the target for agricultural credit raised to 575000 crore rupees. Budget allocation for rural drinking water and sanitation hiked with 27 per cent. Flagship programmes like Right to Education-Sarva Shiksha Abhiyan received an increase of 21.7 per cent in…

Union Finance Minister Pranab Mukharjee presented the union budget 2012-13 in the parliament on 16 March 2012. The minister in his budget speech, projected the economic growth for 2012-13 to be 7.6%.  The total tax receipts for fiscal year 2012-13 is estimated to be 1077612 crore rupees, the total budget expenditure is projected to be 1490925 crore rupees. Budgetary allocations for various sectors including education, health, agriculture, defense, has received…