-The Hindu Reply to RTI appeal points to massive corruption in railways food procurement Mumbai: A recent application filed as a second appeal under the Right to Information (RTI) Act by an activist has revealed that the Central Railway's catering department purchased certain food items to stock their warehouses at several times the maximum retail price. After railway authorities failed to share information on purchase of food items sought in his RTI application,...
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Bets on India's normal monsoon seen at risk on El Nino outlook -Pratik Parija
-Livemint.com While initial monsoon forecast bodes well for the season that accounts for over 70% of annual rainfall, IMD also predicts of 50% chance of weak El Nino formation from Sept New Delhi: India’s annual monsoon forecast sends social media into overdrive and is splashed across newspapers. This year’s outlook has some analysts warning that weather watchers may be disappointed. India is set for a normal June to September monsoon, with rainfall...
More »Government relaxes curb on export of organic farm produce
-PTI NEW DELHI: The government today relaxed restrictions on exports of certain organic agricultural and processed products like wheat, non-basmati rice to boost their overseas shipments. "Export of organic agricultural and organic processed products like wheat, non-basmati rice, edible Oils, sugar have been exempted from existing quantitative ceilings," Directorate General of Foreign Trade (DGFT) said in a notification. Please click here to read more. ...
More »Core sector growth slips to over 1-yr low of 1% in Feb
-PTI Crude Oil and natural gas contract; the previous low of 0.9% was recorded in December 2015 New Delhi: The growth of eight core sectors slipped to over one-year low of 1% in February mainly due to decline in output of crude Oil, natural gas, refinery products, fertilisers and cement. The growth rate of eight infrastructure sectors of coal, crude Oil, natural gas, refinery products, fertilisers, steel, cement and electricity was 9.4% in...
More »The great Finance Bill trick -Niranjan Sahoo
-DNA The political funding reforms are an embarrassment to India’s claims of heralding a transparency revolution Following Prime Minister Narendra Modi’s demonetization drive and his expressed desire to bring transparency in political funding, there were expectations of more concrete measures to cleanse the Augean stables of Indian politics. The government responded quickly, albeit through the Finance Bill. For the first time, the Union Budget 2017 devoted a full section (420...
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