-Outlook The Union Cabinet has approved constitution of the 14th Finance Commission to suggest formula for sharing of tax proceeds between Centre and states. The government has cleared setting up of 14th Finance Commission, a senior minister said after meeting of the Cabinet here. Former Reserve Bank Governor Y V Reddy is tipped to be the chairman of the Finance Commission, a Constitutional body which is set up every five years. Besides other things,...
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Chavan Authorised to Decide on Additional LPG Cylinders
-Outlook Mumbai: The Congress-NCP co-ordination committee in Maharashtra today authorised Chief Minister Prithviraj Chavan to take decision on increasing the cap on subsidised LPG cylinders from six to nine. NCP state president Madhukar Pichad told PTI after the meeting of the committee that the issue of providing three additional subsidised cylinders was discussed. "We have decided that the proposal will be put before the Cabinet and decision will be taken at the...
More »Panel agrees on draft land acquisition law-Elizabeth Roche
-Live Mint Bill will be put before cabinet in next few weeks; legislation is expected to address rehabilitation, resettlement New Delhi: The government moved a step closer to put in place a new land acquisition policy, after a ministerial panel overcame differences and struck a compromise. The Bill will now be put before the Union Cabinet for its approval in the next few weeks. If indeed the government sticks to the proposed...
More »Cabinet clears way for direct transfer of fertilizer subsidy-Surabhi Agarwal, Aman Malik and Liz Mathew
-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union Cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...
More »New drug policy by mid-November, Government tells Supreme Court -J Venkatesan
-The Hindu People have to go hungry for paying the medicine bill, says Judge The Union government on Thursday told the Supreme Court that it would put in place by mid-November a Drug Price Control Order (DPCO) after the Union Cabinet’s approval. Last week, the Bench asked the government to spell out a time frame within which a new policy would be put in place. On Thursday, Additional Solicitor-General (ASG) Siddarth Luthra told a...
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