The total approximate earnings of Indian Railways on originating basis during 1st April to 31st May 2013 were Rs. 22439.30 crore compared to Rs. 19905.32 crore during the same period last year, registering an increase of 12.73 per cent.
The total goods earnings have gone up from Rs. 14169.34 crore during 1st April – 31st May 2012 to Rs. 15660.11 crore during 1st April – May 2013, registering an increase of 10.52 per cent.
The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas has reviewed international prices of crude oil and petroleum products during the Ist Fortnight of June 2013. Accordingly, the under-recovery on High Speed Diesel (HSD) applicable for 2nd fortnight of June effective 16.06.2013 has increased sharply to Rs 6.31 per/litre. This was Rs 4.87 per litre during Ist fortnight of June 2013 w.e.f. 1.6.2013.
The only way to contain Current Account Deficit (CAD) is to increase the domestic production of oil & coal and restraining the consumption of gold, says the Union Finance Minister Shri P. Chidambaram. He was addressing the meeting of the Parliamentary Consultative Committee of the Ministry of Finance here today. The Finance Minister said that in order to increase our production, we must get our policies and priorities right as long term measures.
Dr V M Katoch, Secretary, Department of Health Research, Ministry of Health & Family Welfare, Govt of India signed an MOU with Sir Andrew Dillon, Chief Executive of the National Institute for Health and Care excellence, UK (NICE) in London yesterday to provide the framework for strategic and technical cooperation between the two countries, on evidence informed healthcare policy and practice.
The Vice President of India Shri M.
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 101.17/per barrel (bbl) on 13.06.2013.
This was higher than the price of US$ 100.84/bbl prevailing on the previous trading day of 12.06.2013.
The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05 = 100) for the month May, 2013 rose by 0.1 percent to 171.6 (provisional) from 171.5 (provisional) for the previous month.
INFLATION
The Department of Industrial Policy & Promotion (DIPP), Government of India, has extended the Special Package for Industrial Development of Jammu & Kashmir (J&K) for a further period of 5 years, upto 14th June, 2017. The earlier package of Industrial Incentive for the State of J&K was announced on 14.06.2002 for a period of 10 years upto 14.06.2012.
As per the latest data available from different States, the following is the status of the sowing of kharif crops: -
Due to wrong recording of production data for Electricity Sector, the Index of Industrial Production for the Electricity Sector for the month of April 2013 is corrected to 159.1 from 153.8 as shown in the press release dated June 12, 2013 of this Ministry.
As a result, the General Index for the month of April 2013 is revised upward to 167.8 from 167.3 shown in the press release. The revised index is 2.3% higher as compared to the level in the month of April 2012.
The index of mineral production of mining and quarrying sector in April 2013 was lower by 16.9% compared to that of the preceding month. The mineral sector has shown a negative growth of 3.1% during April 2013 as compared to that of the corresponding month of previous year.
The Minerals and Metal Trading Corporation (MMTC) OFS for divestment of 9.33% paid up equity of the Government of India shareholding in the MMTC was done today on both the stock exchanges i.e. BSE and NSE. The Issue was oversubscribed by 1.55 times. Based on the total valid bids received, at an indicative price of Rs.60.86 as against the floor price of Rs 60/- for the face value of Re one per share, the Government expects to realize proceeds of Rs. 567.90 crores. The OFS received participation from financial institutions, retail investors and some FIIs.
A meeting was chaired by Prime Minister Dr. Manmohan Singh, earlier this month, to discuss an institutional mechanism to track stalled investment projects, both in the public and private sectors and to remove the implementation bottlenecks in these projects on a fast-track basis.
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation releases Consumer Price Indices (CPI) on base 2010=100 for all-India and States/UTs separately for rural, urban and combined every month with effect from January, 2011.
Provisional indices for the month of May 2013 and also final indices for April 2013 are being released with this note for all-India and for States/UTs.