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Pranab Mukherjee, Minister of Finance interviewed by Lola Nayar and Sebastian PT

Despite the high-theatrics rollback of the Railway Budget, the government is confident of being able to push ahead with the reforms agenda. Despite the high-theatrics rollback of the Railway Budget, the government is confident of being able to push ahead with the reforms agenda. In an e-mailed post-Budget interview, Union finance minister Pranab Mukherjee took questions from Outlook’s Lola Nayar and Sebastian P.T. Edited excerpts: The government has managed to get UPA...

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CAG slams Modi regime for financial irregularities by Manas Dasgupta

The Comptroller and Auditor-General has slammed the Narendra Modi government for financial irregularities, particularly for mismanagement of public sector undertakings, resulting in losses of over Rs. 16,000 crore. It has come down heavily on the state-owned Gujarat State Petroleum Corporation (GSPC) for extending “undue benefits” to the Chief Minister's “favoured few,” mainly Adani Energy and Essar Steel companies, which coupled with its poor management and faulty agreements on exploration of oil...

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More Benefit than Cost-Alaka M Basu

  For women, the NREGA would bring important social gains   Not being an expert on the subject and too lazy to read all the fine print, I do not know the exact allocations under the Mahatma Gandhi National Rural Employment Guarantee Act this year. But I gather the money has been cut down, largely because the sums allocated last year were not fully used by most states. Maybe there were other considerations...

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Kudankulam Reloaded: Why India needs nuclear energy

-The Economic Times   Given the hurdles to infrastructure projects across India, there's good news from Tamil Nadu. The prolonged shutdown at the Kudankulam nuclear power plant has ended following chief minister J Jayalalithaa's decision to back the Rs 13,000 crore project. But, while accompanied by a welcome area development package, this official nod may not dampen the ongoing anti-Kudankulam agitation. So, police must use utmost care in dealing with protesters. And...

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Govt report on farms calls for reforms to boost investment

-The Hindu Business Line A Government report has called for enhancing investment in agriculture and leveraging technology to boost the country's farm sector growth in the years ahead. The report ‘State of Indian Agriculture 2011-12,' released by the Agriculture Ministry on Tuesday, called for institutional reforms in research set up to make it more accountable and geared towards delivery, conservation of natural resources such as water and land among others. “Achieving a 8-9...

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