Govt's agriculture output estimate misplaced: ICRA
New Delhi: Stating that the Central Statistical Organisation has erred in assessment of agriculture production, ICRA, in its latest quarterly bulletin Money & Finance, stressed that GDP growth rate in the current fiscal would be over 5 per cent and possibly close to RBI projection of 5.5 per cent.
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Fertiliser sector seeks import duty cut on plant spares
New Delhi: The fertiliser industry has demanded a reduction in import duty on spares for plant equipment at a level equal to grassroot projects in the forthcoming Budget.
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FM assures VAT compensation
New Delhi: Finance minister Jaswant Singh has said that the Central government will compensate states for losses as a result of transition from the current system of taxation to Value added Tax regime.
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New Delhi opposes WTO draft on agriculture
New Delhi: New Delhi has set the tone for the developing countries at the ongoing WTO mini-ministerial by spelling out its reservations on market access in agriculture and pleaded for commitment from the developed nations for free movement of professionals without any right over immigration.
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