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Green Ministry eases SEZ clearance norms-Urmi A Goswami

-The Economic Times The environment ministry has simplified the procedures for granting clearances to special economic zones as it seeks to shed the anti-industry image. A recent order issued by the environment ministry states that the environmental clearance process for SEZs will now follow the system laid out for National Industrial and Manufacturing Zones under the National Manufacturing Policy 2011. Under the new system, the central and state governments will delegate power to...

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Cash Transfer Scheme a Revolutionary Measure: Sonia

-Outlook Congress president Sonia Gandhi today strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA. Gandhi, who is also UPA Chairperson, also announced her intent to bring the much-talked out Food Security Bill in Parliament soon to ensure that no poor family remains hungry. She...

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Show 'em the money -Josy Joseph

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...

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The elephant in the room -Biraj Patnaik

-The Times of India Crest The biggest hurdle for the DCT programme is the identification of the poor. The "gamechanger" announcement of the UPA 2 government on Direct Cash Transfers (DCT) for 45 schemes has generated much debate through the week with opinions flying around faster than money can get electronically transferred. At the heart of it, the idea of this proposed DCT is unexceptionable. Existing programmes where government transfers money to...

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Cabinet Clears New Urea Investment Policy

-Outlook The Cabinet Committee on Economic Affairs (CCEA) today approved a urea investment policy that is likely to incentivise fertiliser firms setting up new plants and expanding existing capacity. India imports over 30 per cent of urea requirement and the policy aims at reducing that. But, it is unlikely to have any impact on existing prices. "The new urea investment policy has been cleared," sources said after the CCEA meeting here. The policy, which...

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