India News

States Demanded 50% Share In Central Taxes

The various state governments have demand the full implementation of federal principles in the country.  They asked for the revision of center state policy to achieve uniform growth in all parts of the country. They have asked the 13th Finance Commission to increase their share in taxes. The states are currently getting 30.5 percent of total taxes. They urged the finance commission to increase it to 50 percent.

Kamal Nath promises India support to Nepal industries

Union Minister of Commerce and Industry Kamal NathNew Delhi, Sept 17: Expressing full support of the Indian Government in rapid economic development of Nepal, Union Minister of Commerce and Industry Kamal Nath has said that manufacturing industry in Nepal could be the harbinger of faster growth in trade and industry in the country.

During his bilateral meeting with Rajendra Mahato, Nepalese Minister for Commerce and Supplies, here last evening, Nath referred to the warm social and economic relations between the two countries.

India welcomes multi-facility economic zone for Indian companies in Zambia

Union Minister of Commerce and Industry Kamal NathNew Delhi, Sept 17: Union Minister of Commerce and Industry Kamal Nath today welcomed the multi-facility economic zone created by the Zambia Development Agency for Indian companies to set up manufacturing and services industries in Zambia.

During the bilateral meeting with Felix C. Mutati, Minister for Trade, Commerce and Industry, Zambia, here, Nath said that India has lot to offer for infrastructural development in Zambia, particularly in energy, mining, agriculture, commercial building and road transportation sectors.

Ashok Chawla joins as Secretary of Department of Economic Affairs

New Delhi, Sept 17: Ashok Chawla, IAS-1973 batch of Gujarat Cadre, joined as Secretary of the Department of Economic Affairs, Ministry of Finance here this morning.

Ashok Chawla Is New Secretary Of DEA

New Delhi: According to a press statement released on Monday, the government had finally appointed Ashok Chawla as the new secretary, Department of Economic Affairs (DEA), Ministry of Finance. The post was lying vacant after D Subbarao, who was also the finance secretary, became the new governor of RBI from September 5. Chawla is a 1973 batch IAS officer of Gujarat cadre.

The government simultaneously appointed M Madhavan Nambiar as secretary in ministry of civil aviation. The 1974 IAS officer of Tamil Nadu cadre was earlier working as a special secretary in DEA, Ministry of Communications and Information Technology.

Kerala boy crushed by Indian truck driver in Sharjah

Sharjah, Sept. 17: A nine-year-old Kerala boy was crushed to death by an inattentive Indian truck driver at a construction site near a building where he used to go for his tutorials.

A Gulf News report quoted Sharjah Police officials as saying that a lorry carrying cement mixture crushed Rickie Mathew Varghese, a pupil of Delhi Private School.

The Indian driver of the lorry was not paying attention while reversing it and ran over the boy by accident, police said.

The driver, they said, was unable to hear any cries because of the engine's noise. He also did not expect any children to be around in the area because it is a construction site.