-The Times of India New Delhi: The Delhi Lokayukta has indicted chief minister Sheila Dikshit for allegedly misusing public funds for an advertisement campaign in the run-up to the 2008 assembly polls. The ombudsman has recommended to the President of India to administer "caution" to the CM for the alleged misuse of funds and ask her to reimburse either herself or through her party a sum of Rs 11 crore as...
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Panel tweaks plan for minority universities-Basant Kumar Mohanty
-The Telegraph A panel of experts has watered down a proposal by the UPA government to set up five minority universities, citing legal hurdles. The committee, headed by Indian Council of Social Science Research chairman Sukhadeo Thorat, has suggested that the institutions be set up as central universities with their focus on minorities, instead of minority institutions as proposed. The committee submitted its report to the minority affairs ministry last month, a senior...
More »Inflation spoils UPA’s report card -Sidhartha
-The Times of India NEW DELHI: For a man who prides himself as being the "original reformer", PM Manmohan Singh did not mention the word "reforms" even once in his speech on the ninth anniversary of UPA. And, it was only once that he talked of inflation. It was hardly surprising given that reforms do not seem to be on his radar in view of the tough political environment and inflation is...
More »Growth falters as UPA completes 4-years in office -Surojit Gupta
-The Times of India NEW DELHI: The second tenure of the UPA coalition has witnessed a sharp slowdown in growth, stubborn prices, high interest rates and faltering business confidence. While there are some tentative signs of a revival on the horizon, the Indian economy is still not out of the woods and experts say sustained policy and governance reforms are needed to lift Asia's third-largest economy back to its potential growth rate...
More »Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13
-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...
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