-The Business Standard The state was the sixth-worst during the year, according to the Annual Survey of Industries data A set of government data released recently seems to puncture the Narendra Modi-led Gujarat government's claim that the state's industrial performance has been robust. According to the data fron the Annual Survey of Industries (ASI), the industrial growth rate for the state's organised sector slumped below one per cent in 2011-12. And, in fact,...
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CM Arvind Kejriwal keeps another promise, cuts power bills 50% by raising subsidy -Richi Verma
-The Times of India NEW DELHI: Moving at a feverish pitch to fulfill the second most important of his poll promises, chief minister Arvind Kejriwal gave 80% of the capital's electricity consumers cause to ring in the new year with much cheer. They will be paying half of what they had to pay so far with the tariff for consumption up to 400 units a month slashed by 50%, thanks to...
More »India Inc ready for business under Lokpal watch-Lubna Kably & Namrata Singh
-The Times of India MUMBAI: After Parliament's assent to the Lokpal Bill, India Inc has engaged legal eagles and consultants to examine its ramifications. At first glance, it appears that nothing much changes for the corporate sector, which is governed by anti-corruption legislations such as the Indian Penal Code or The Prevention of Corruption Act. Besides, as business is now global, anti-corruption laws of other countries also apply. Yet, with the bill...
More »Chaudhuri committee on WPI facing difficulties with Producer Price Index-Nayanima Basu & Sanjeeb Mukherjee
-The Business Standard Deadline extended by three months to March 31 for submitting report After a push from the Prime Minister's Office (PMO), a committee headed by Planning Commission member Saumitra Chaudhuri seems to be giving its full attention in moving towards Producers Price Index (PPI) that will give accurate calculation of movement of inflation. To help the panel finish its task, the government has extended its deadline by...
More »38% large projects face green roadblocks -Sidhartha
-The Times of India NEW DELHI: Almost two out of every five large projects in the country are held up due to absence of clearance by the ministry of environment and forests, putting pressure on the government to remove green roadblocks. According to ministry-wise data compiled by the government for projects worth over Rs 1,000 crore, nearly 38% are related to MoEF, which many view as the most powerful inspector, followed by...
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