-The Indian Express The hearing into allegations against Madhu Koda will be taken up for hearing on May 26. As it plans to grill two former chief ministers - Ashok Chavan and Madhu Koda - over their alleged involvement in cases relating to paid news, the Election Commission has already confirmed as many as 787 cases of paid news in the recently concluded Lok Sabha elections. Of the 3,100 notices that have been...
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First lot of rescue for road builders-Mansi Taneja
-The Business Standard NHAI approves Rs 6,000 cr of premium deferment for 9 projects, on basis of March guidelines In a major relief to road developers, the National Highways Authority of India (NHAI) has approved deferment of premium worth Rs 6,000 crore for nine projects, including those of Larsen & Toubro and Reliance Infrastructure. The board of NHAI met on Friday and gave a final approval to the nine applications, said a senior...
More »Finance, fertilizers and petroleum ministries to seek subsidy cuts-Sidhartha
-The Times of India NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...
More »India’s Poor Face High Infant Deaths-KS Harikrishnan
-IPS News ATTAPPADI, India, May 4 2014 (IPS) - The death of a 10-day-old girl last November in the Attappadi tribal belt of Kerala, one of India's best performing states in terms of human development indices, shows how the country's battle against child mortality is far from won. The infant's mother, Saraswathy, a 20-year-old from the Kurumba tribe, was admitted to a government hospital, and delivered the next day. At 1.8 kg,...
More »Officials shape plan to cut spending, deficit: Sources
-Reuters NEW DELHI: The finance ministry is working on a proposal for the new government to cut welfare spending and rein in the deficit in its first budget, to allay fears of fiscal slippage that would increase the risks of a sovereign credit downgrade, officials said. Two senior ministry officials told Reuters the plan would make it possible for Narendra Modi's incoming government to reduce the current year's fiscal deficit and...
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