-IANS Highlights of the Economic Survey 2012-13 tabled in parliament by Finance Minister P. Chidambaram Wednesday. * GDP growth to remain between 6.1 percent to 6.7 percent in 2013-14 * WPI inflation to moderate in the range of 6.2 percent to 6.6 percent * Economy estimated to grow at 5 percent in 2012-13 after growing by 6.2 percent in previous year * Poor show of services sector contributed significantly to slowdown * Global as well as...
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IRCTC fined Rs 10 lakh for selling soft drinks above maximum retail price
-PTI Indian Railway Catering and Tourism Corporation (IRCTC) has been slapped with a fine of Rs 10 lakh by a consumer forum here for selling soft drinks above the maximum retail price (MRP) to two customers. The New Delhi District Consumer Disputes Redressal Forum imposed "punitive compensation" of Rs 5 lakh each in two separate cases against IRCTC, a subsidiary of Indian Railways, and said being a government corporation, "it is not...
More »Deciding who gets to eat -Brinda Karat
-The Hindu By allowing futures trade in food and diversion of farm land for commercial purposes, the UPA government is fuelling the price rise International agencies are warning of high food prices on a global scale in 2013 if urgent action is not taken. But our government shows little concern. The President’s address to Parliament had only a cursory mention of inflation. “Inflation is easing gradually, but is still a problem,” he...
More »Right to Homestead Bill: Task force to finalise draft-Priscilla Jebaraj
-The Hindu Draft Bill to be discussed on Tuesday After legislating the Right to Information and Education — and making a stab at the Right to Work and food through the Mahatma Gandhi National Rural Employment Guarantee Act and the food Security Act respectively — the government’s next step seems to be aimed at legally upholding the right to a home of your own. On Tuesday, a task force set up by the...
More »Rail Budget 2013: Measures that will cheer middle class
-The Times of India Railway minister Pawan Kumar Bansal on Tuesday announced many initiatives in his Rail Budget 2013 speech that will bring cheer to middle-income passengers. From better e-ticketing facilities to free wi-fi on select trains, the Railway Budget will lead to implementation of many passenger friendly measures. Here is a look at some of them: 1) e-ticketing through mobile phones. Project of SMS alerts to passengers providing updates on reservation status. In...
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