-The Hindustan Times The government\'s first budget is likely to signal the new administration\'s intention of reforming India\'s fuel pricing regime with monthly hikes of Rs. 10 per cylinder of cooking gas (LPG). Each household will, however, continue to be entitled to 12 subsidised cylinders a year. Currently, a subsidised LPG cylinder costs Rs. 414 in Delhi while the market price - which consumers pay for any demand beyond the quota -...
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Agriculture ministry readies plan to deal with poor monsoon -Vishwa Mohan & Dipak Kumar Dash
-The Times of India NEW DELHI: The government is ready with a contingency plan to deal with below normal rains this monsoon with a series of steps including Diesel Subsidy for farmers in the rain-deficient districts, crop loans at lower rates and release of foodgrains to deal with a possible shortage. Amid reports of below normal rains, the agriculture ministry presented the plan for 500 districts during a meeting called by Prime...
More »Urgent meeting of states called to discuss crop contigency plan -Anindita Dey
-The Business Standard The meeting has been called to discuss the preparedness of the states to handle less rainfall or drought like situations Mumbai: The Ministry of Agriculture has called an urgent meeting of 18 states in the wake of delayed rains next week and prepare state specific contingency plan for crops. According to official sources, the meeting has been called to discuss the preparedness of the states to handle less rainfall or drought...
More »Modi faces first challenge: India heading for a drought year -Akash Vashishtha
-Mail Today New Delhi: And this dread scenario could well unfold, with the Met prediction of a below-normal monsoon on Monday being underlined by Earth Sciences Minister Jitendra Singh who admitted that the forecast is of below-average rainfall. Precipitation in the June-September period is expected to be between 90 and 96 per cent of the long-term average, added the minister. What he didn't say was that the India Meteorological Department...
More »A full plate for Modi-Raghuvir Srinivasan
-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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