Power generation and distribution is the most indebted sector
Ramesh says the best route now is to refer the amendments to Parliament's standing committee on rural development.
Only power generation grew faster in 2014 than in earlier years.
India is also set to achieve the goal of reducing hunger by half and reduce maternal mortality by three quarters.
The report also points out that a larger section of the poor and vulnerable households achieve middle-class status in urban areas in India despite the presence of a large urban informal sector.
India may not be prepared to meet US demands, say experts
Panagariya has advocated a more liberalised spending, arguing that greater capital expenditure could relax some of the infrastructure bottlenecks facing the country.
Though the Union HRD ministry has vehemently denied that Shevgaonkar resigned under government pressure, some allege that this is yet another example of the government exercising its influence over educational institutions
Does the rally reflect expectations of improving fundamentals or they are likely to correct?
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
RBI kept all key rates unchanged in its policy review on Tuesday.
The government recently announced a new formula for determining the price of natural gas, lowering it from $8.4 suggested by the C Rangarajan committee.
A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation
The total demand has remained subdued mainly due to high interest rates and property prices.
A new report from McKinsey, titled 'India's economic geography in 2025: states, clusters and cities', looks at how the next decade will unfold.
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
The US is likely to have per capita GDP of $57,455, about 20 times India's, indicative of how far India will stand in about a decade.
ADB's calculations imply almost half of India's population (47.7 per cent) was below the line in 2010. Both these estimates are based on the year 2005's purchasing power parity rates.
Index of industrial production data had also shown that the sector grew at 3.1 per cent after contracting in the previous quarters.