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Narendra Joshi: * Proposed 3bln rupee FY11 for Rashtriya Krishi Vikas Yojana
* PDS suffering from shortage of storage facilities
* To take steps to tackle Food Corp storage shortage
* FY11 Bk farm loan target raised to 3.75 trln rupees
* Focus to cut waste of food grain in storage, supply chain
* Farm loan repayment period extended by 6 months
* Farm loan repayment period extended to Jun 30, 2010
* FY11 bank credit to farm sector at 3.75 trln rupees
* Corp loan interest subvention for timely repay up at 2%
* Subvention for timely farm loan repayment up to 2% vs 1%
* Decided 5 more mega food park projects
* ECBs now available for food processing sector
Narendra Joshi: * Committed to SEZ plans to boost exports, employment
* Committed to continued growth of SEZs to boost employment
* To follow 4 prong strategy to improve food security
* 2% export interest subvention for handicraft, SMEs
* Four pronged strategy to ensure growth in farm sector
* 4 bln rupees to extend green revolution to eastern India
* To extend green revolution in eastern region
* To allocate 4 bln rupees for green revolution in east
* 2 bln rupees for climate resilient agri initiave
* Proposed 3bln rupee FY11 for Rashtriya Krishi Vikas Yojana
Digesh Shah: Additional 5 mega food parks to be constructed - +ve for Jain Irrigation, Rallis, Bayer
Last message received on 2/26 at 11:41 AM
Digesh Shah: Power sector allocation increased +ve for NTPC
Digesh Shah (2/26/2010 11:44:24 AM): Road development allocaion upped to Rs19,894cr - +ve for IRB, HCC, IVRCL Infra, Punj lloyd
RAKESH MAKIN: UNION BUDGET UPDATES: ECONOMY CAN ACHIEVE 10% GDP GROWTH
UNION BUDGET 2010 : INCREASE IN ALLOCATION FOR ROAD PROJECTS BY 13%.
UNION BUDGET 2010 : TO IMPLEMENT COMPETITIVE BIDDING PROCEDURE FOR ALLOCATION OF COAL MINES.
UNION BUDGET 2010 : GOVT DOUBLES ALLOCATION FOR POWER SECTOR TO 51.30 BLN RUPEES.
Narendra Joshi: * To launch competitive bidding for captive coal mining
* To launch competitive bidding for captive coal blocks
* Micro power project in Ladakh at cost of 5 bln rupees
* FY11 renewable energy Plan outlay up 61% at 10 bln rupee
* To set up solar, small hydro power units soon
* To set up Clean Energy Fund
* To set up National Clean Energy Fund
* 5 bln rupees to set up solar, small hydro power units
* 2 bln rupees grant to Tamil Nadu for Tirupur project
* Proposed to set up National Clean energy Fund
* “Polluter Pays” underlying theme of pollution policy
Narendra Joshi: * 198.94 bln rupee for road transport in FY11
* 46% of total plan expenditure for infra
* IIFCL to double refinance to bks for infra in FY11
* IIFC disbursement seen 200 bln rupee by Mar 2011
* To loan 167.52 bln rupee to railway development projects
* To allocate 1.74 trln rupees for infra expenditure
* Highest priority to power capacity addition
* Mega power plant policy modified to cut production costs
* More than doubled allocation to power
* FY11 power sector allocation at 51.3 bln rupees
* To set up coal regulatory authority
Narendra Joshi: * 1.73 trln rupee for infrastructure development FY11
* To construct 20 km of national highway each day
* Infra in rural, urban areas to get more thrust
* To construct 20 kms of national highway each day
Last message received on 2/26 at 11:46 AM
Narendra Joshi: * To develop new port at Sagar Island in West Bengal
* Draft food security Bill to be in public domain soon
* 25% of plan allocation for rural infrastructure
* Spending on social sector upped to 1.37 trln rupees
* FY11 education Plan outlay 310.3 bln rupee vs 268 bln
* Annual health survey for all districts in 2010
* To allocate 223 bln rupees for Ministry of Health FY11
* FY11 spending on education proposed 310 bln rupees
* Health min FY11 Plan outlay 223 bln rupee vs 195 bln
* Banking for all villages with 2,000 population soon
Narendra Joshi: all allocation ok.from where money will come? increase of stt?……just kidding…watch out…important things yet to come
Narendra Joshi: Home loan upto 1 mln rs will get 1 % interest subsidy
Narendra Joshi: * Rural infra development remains high priority
* Allocated 661 bln rupee for rural infra development FY11
* Banking in villages with population over 2,000 by Mar 2012
* 401 bln rupees for NREGA FY11
* Rural development is high priority for UPA
* Bharat Nirman allocation 480 bln rupees FY11
* Indira Aawas Yojana FY11 allocation at 100 bln rupees
* Bundelkhand drought allocation 12 bln rupees
* 73 bln rupee for backward regions in FY11 vs 58 bln
* Urban development allocated 54 bln rupee FY11 vs 30.6 bln
Narendra Joshi: all realty shrs are moving
Digesh Shah: Sarvashiksha Abhiyaan budget allocation increased from Rs26,800cr to Rs31,036cr for FY2011 +ve for EDUCOMP, NIIT, EVERONN
Narendra Joshi: * Home loan interest subvention scheme extended to Mar 2011
* Rajiv Awaas Yojana allocation 12.7 bln rupee in FY11
* To give 10 bln rupee for city development, slum rehab FY11
* Allocated 24 bln rupee for micro, SMEs FY11 vs 18 bln
* 1% interest subsidy on home loan upto 1 mln rupee Mar 2011
* Self help group allocation 4 bln rupees FY11 vs 2 bln
* Micro finance & equity fund doubled to 4 bln rupees FY11
* National security Fund for unorganized sector workers
* National Security Fund allocated 10 bln rupees FY11
* Unorganised sector social security fund at 10 bln rupee
* Health insurance extended to NREGA beneficiaries
Narendra Joshi (2/26/2010 11:58:57 AM): * To launch skill development plan in textile sector
* Step up plan outlay for women, child development
* To up plan outlay for women, child development by 50%
* Village and child development outlay up 50% in FY11
* To train 3 mln people in textile sector
Narendra Joshi: * Launched women farmer fund scheme with 1 bln rupees FY11
* Allocated 26 bln rupee for minority affairs min in FY11
* Met aim of 15% priority sector lending for minorities
* Allocated 45 bln rupees for social justice ministry FY11
* Plan outlay for minority affairs min FY11 upped by 50%
* To set up fincl sector legislative reforms panel
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Narendra Joshi: Defence related stks to rise more on budget allocation
Digesh Shah: Estimated Fiscal deficit at 5.5% of GDP for FY2011
Digesh Shah: Estimated Fiscal deficit at 4.8% of GDP for FY2012
Siddharth (Suraj) lathigara: BBC NEWS : ICC has announced that SACHIN TENDULKAR’S birthday on April 24th will b celebrate as “WORLD CRICKET DAY”Proud 2 b an INDIAN.
gajo007: BUY EVERONN @ 399 SL 395 TGT 405,408 ………………………………MPHSIS BFL IF HOLD CLOSING BASIC 638 THEN WE CAN SEE UPER RESI AT 688 / 703 / 744……………
Nishesh Jani: our first message to paid members Counter Rally In Sugar Stock!
buy renuka sugar your stop loss 150,vary soon will kiss 171,185….just see at what levels it is trading?
Nishesh Jani: ALERT-dont jump and buy aggrasivly ,nifty fu trading in discount,hourly chart rsi 93(highly overbought) bolinger band indicates around 5070 this rally will be over ………….will update more to paid members soon
gajo007: AGAIN I AM REPERT :- 5 DAYS BACK CALL AT 1910 NOW 2018 …………..IF SBI CROSS 2021 AND CLOSE ABOVE THIS WITH VOL THEN WE CAN SEE SOON 2079 / 2144 / 2202 …………..
rohit kadam: IT IS LEARNED THAT ANIL GROUP COs TO CONSIDER BONUS ISSUES IN REL CAP & RELIANCE INFRA…NO CONFIRMATION YET…ONLY A MARKET TALK
rohit kadamSpamReply2:37 PM 8-3 Analyst recommendations: – Strong Buy – Buy Buy – Hold Hold – Sell Sell – It’s too late.
sharad kotakSpamReply9:15 AM 8-3 Book Profits in Renuka 185 + now..
2:08 PM 8-3 BUY BACK NHPC 32.50 Sold in Morning 33 around…
2:29 PM 8-3 Nifty Fut Target 5137 + …Today or morning.. Hold ( Bought (5105 5110 )
kamlesh tailorSpamReply1:11 PM 8-3 BUY TVS MOTORS 77.60 SL 75 TGT 81
Digesh Shah: Extends 2% interest subvention for export credit, thereby boosting Exim trade. Positive for logistics sector.