-PTI The price of liquefied petroleum gas (LPG) used as cooking gas has been increased by Rs 11.42 per cylinder after the government decided to raise the commission paid to dealers. Petrol and diesel prices may also go up marginally as the oil ministry is thinking of raising the dealers’ commission by at least 23 paisa and 10 paisa a litre respectively. On Friday, the ministry issued orders raising the commission paid to...
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Govt to Sell Pulses, Cooking Oil at Cheaper Rate Via PDS
-Outlook To protect BPL families from possible price rise, the Cabinet Committee on Economic Affairs (CCEA) today gave its approval for selling imported pulses and edible oil at subsidised rates through ration shops. The CCEA also approved an outlay of Rs 884 crore for computerisation of public distribution system (PDS) that is aimed at, among other things, elimination of bogus ration cards. Announcing the decisions, Finance Minister P Chidambaram said, "The CCEA today...
More »UPA-II gambles with another round of big bang reforms -Sujay Mehdudia
-The Hindu FDI cap in insurance raised to 49%; foreign investment in pension sector allowed; new Companies Bill 2011 cleared Notwithstanding the strong opposition to its reforms agenda, the Manmohan Singh government on Thursday pressed ahead with more big-ticket reforms, raising the FDI cap in the insurance sector to 49 per cent, opening up the pension sector for foreign investment and clearing the Companies Bill, 2011. It also approved amendments to the...
More »Land acquired over past decade could have produced food for a billion people-John Vidal
-The Guardian Oxfam calls on World Bank to stop backing foreign investors who acquire land for biofuels that could produce food International land investors and biofuel producers have taken over land around the world that could feed nearly 1 billion people. Analysis by Oxfam of several thousand land deals completed in the last decade shows that an area eight times the size of the UK has been left idle by speculators or is...
More »A salary plan that changes nothing -Maya John
-The Hindu Recently during a press conference called by the Ministry of Women and Child Development, the Minister of State (Independent Charge), Krishna Tirath, proposed the formulation of a bill through which a certain percentage of a husband’s salary would be compulsorily transferred to his wife’s bank account to compensate her for all the domestic work she performs for the family. According to the Minister, this percentage of husbands’ salaries would...
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