-Outlook The Election Commission has come across instances of suspected violations of the Foreign Contribution Regulation Act by Congress and the BJP in their acceptance of donations from subsidiaries of multi-national firm Vedanta group. An investigation by the EC, carried out with the help of the I-T department, has found that both the parties had received about Rs 5 crore each from two subsidiaries of the Vedanta group -- Sterlite Industries and...
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Plan panel to have discretionary powers on release of funds to States -Aarti Dhar
-The Hindu Giving itself discretionary powers on release funds to States under various Central schemes, the Planning Commission has decided to restructure 16 Centrally Sponsored Schemes (CSS) into Additional Central Assistance (ACA) Schemes. The new funding pattern will be effective from 2013-14. While restructuring the CSSs will give more flexibility to the States to utilise the funds, it will also give the Planning Commission absolute control over the quantity of money to...
More »What's There To Hide? -Madhu Purnima Kishwar
-Outlook The venom and aggression with which Congress leaders are responding to a simple question first regarding Mrs Sonia Gandhi and now regarding Mr Robert Vadra proves yet again, if any proof were required, that Congressmen and women are convinced there is a lot to hide The venom and aggression with which Congress leaders are responding to a simple question being asked first regarding the foreign travels of Mrs Sonia Gandhi and...
More »Kelkar panel for scrapping all subsidy; says no action will push FY13 fiscal deficit to 6.1%
-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on cooking gas be cut by 2015. All subsidies must be...
More »Mamata to target Cong bastions in West Bengal panchayat polls -Arindam Sarkar
-The Hindustan Times West Bengal chief minister Mamata Banerjee will lead the campaign in the Congress strongholds during the ensuing panchayat elections in early 2013. She will lead the Trinamool Congress campaign in the green belt in North Bengal, which has always voted for the Congress. Mamata has earmarked Congress MP Adhir Chowdhury’s bastion, Murshidabad, MP Deepa Dasmunshi’s base, North Dinajpur, and the late ABA Ghani Khan Chowdhury’s home turf, Malda, now...
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