NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...

Uttar Pradesh Chief Minister Mayawati on Tuesday announced an increase of Rs.40 per quintal in the State Advised Price (SAP) of sugarcane for the 2010-11crushing season, which normally begins in November. Describing the move as historic, Ms. Mayawati said such a hefty increase in the procurement price of the three varieties of sugarcane was the maximum, as none of the State governments had given so much raise. The decision to raise the...

The centre has asked the states to strengthen their public distribution systems (PDS) to minimise the impact of high inflation on the poor, Finance Minister Pranab Mukherjee said here Monday. 'The central government has requested the states to strengthen their public distribution systems to ensure that the vulnerable groups of the society are not adversely affected by the current level of inflation,' Mukherjee said at the second annual conference of finance...

Uttar Pradesh is not a state readily associated with dynamic economic reform. But the state has taken giant strides in reforming one of the least reformed industries in India: the sugar industry. The country’s second largest sugar producing state after Maharashtra is undertaking an aggressive privatisation of its state-owned sugar mills. It has, just recently, successfully sold off 10 of the 11 operating units of the state’s Sugar Corporation to...

With just a month remaining for sugarcane crushing, a confrontation between farmers and private millers in Uttar Pradesh on the price to be paid to growers is on the cards. In no exception to previous years, both parties have divergent views on what should a farmer get for his produce. At a meeting of a committee formed under the chairmanship of Uttar Pradesh Cane Commissioner Kamran Rizvi to fix the state-advised...