Delhi Government is gearing up to commence work on bringing the entire city under the "Adhar" project wherein every person will be enrolled and issued a Unique Identification Number. The state has set October as the deadline for completing the UID enrolment exercise. Chief minister Sheila Dikshit on Monday chaired a meeting to review the status of the UID project. The meeting was attended by education minister Arvinder Singh, urban development...

There was a lot of apprehension before budget day regarding what the Union finance minister will do to reduce the deficit. Will he roll back the tax concessions implemented a couple of years ago as part of a fiscal stimulus package? Will he announce populist social sector spending in view of the major state polls coming up this year? Will he be too timid and not take any bold steps...

Indian Prime Minister Manmohan Singh has admitted in parliament that he made an "error of judgement" when he appointed the head of India's anti-corruption watchdog. Mr Singh said he accepted full responsibility for appointing PJ Thomas as anti-corruption chief last year. Mr Thomas was forced to resign by the Supreme Court last week. The court overturned his appointment on the grounds that he himself faced corruption charges dating from 1992. Mr Thomas denies the...

The Union budget writes off Rs.240 crore in corporate income tax every single day on average — the same amount leaves India each day in illicit fund flows to foreign banks. In six years from 2005-06, the Government of India wrote off corporate income tax worth Rs.3,74,937 crore — more than twice the 2G fraud — in successive Union budgets. The figure has grown every single year for which data are...

Centre to also give 50% subsidy for new mills, technical help to cultivators. The Union agriculture ministry has identified eight states where the Budget annoucement on expanding the area under oil palm cultivation can be implemented. It has decided to provide 50 per cent subsidy for setting up palm oil extraction units. India imports about 8.2 million tonnes of edible oil in a year and 80 per cent of this is palm...