Thursday, September 27, 2012

Saraswati Samman...

Tamil scholar A A Manavalan conferred with the prestigious Saraswati Samman(by K K Birla Foundation) consisting of a citation plaque, memento and a cheque of Rs 7.5 lakh, for his work Irama Kathaiyum Iramayakalyum, a comparative study of epic Ramayana written in 48 languages. Corporate Affairs and Power Minister M Veerappa Moily presented the award.

This award is for 2011.

Fiscal deficit could be higher than estimates in FY’13


The government now expects fiscal deficit —gap between expenditure and revenue —could overshoot the Budget target of 5.1percent and touch 5.3 percent of the GDP this financial year, Department of Economic Affairs Secretary Arvind Mayaram says.
In the first four months of 2012-13, fiscal deficit has already crossed 50 percent of Budget Estimate of Rs 5.13 lakh crore, or 5.1 percent of GDP.

According to the Prime Minister’s Economic Advisory Council (PMEAC), India’s Gross Domestic Product (GDP) is likely to be 6.7 percent this fiscal given the economic slowdown.

Related Posts...

http://gk4banking.blogspot.com/2012/09/3-fiscal-deficit-target-for-fy15-not.html
http://gk4banking.blogspot.com/2012/09/growth-estimates-by-s-and-pmeac.html

Wednesday, September 26, 2012

Aishwarya Rai named UNAIDS goodwill ambassador



Indian actress Aishwarya Rai Bachchan appointed as the new international Goodwill Ambassador for UNAIDS, the joint UN programme on AIDS and HIV.
The announcement was made at the UN headquarters by UNAIDS executive director Michel Sidibe. In  Aishwarya Rai Bachchan's new role, she will help raise awareness on issues related to stopping new HIV infections in children and advocate for increased access to anti-retroviral treatment. 
Her main focus will be to advocate for the global plan towards the elimination of new HIV infections among children and keeping their mothers alive. This plan was launched at the UN in June 2011 and focuses on 22 countries including India, which account for more than 90% of all new HIV infections among children.

Worth reading