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Rs 32-lakh sedan for governor's wife? by Yogesh Naik

While the Union government has been harping on the need for fiscal rectitude, the Maharashtra Raj Bhavan has sent a wish-list to the state government asking for a luxury sedan worth Rs 32 lakh. The Honda Accord 3.5 V6 will be at the service of Alemla Jamir, wife of governor S C Jamir, and the proposal has been sent to the general administration department of the state government along with...

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UN online tool allows people to track nations’ pledges on climate change

People around the world can now keep tabs on countries’ promises and proposals on combating climate change, thanks to a new online tool launched today by the United Nations Environment Programme (UNEP). The Climate Pledge Tracker was launched today in Copenhagen, Denmark, where nations are currently meeting with the aim of agreeing on an ambitious new agreement. The new programme will be updated as new proposals are made in the...

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Import of edible oil will continue: Pawar

Thrissur: Union Agriculture Minister Sharad Pawar said on Sunday that the import of edible oils would continue as there was a huge oil deficit in the market. Speaking to journalists after launching a coconut replanting and rejuvenation project at the Kerala Agricultural University, he said there was a gap of 5 million tonnes between the domestic production of edible oils and demand. “Imports will continue until domestic production is up. To offset...

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The Ground Beneath Our Feet by Tripti Lahiri

CITIES MAKE one simple promise to newcomers: Sacrifice yourself to me and your children shall prosper. This promise drew Ahmed Raza, a small-time wrestler from an Uttar Pradesh village and millions like him to the capital of newly-independent India. Raza kept his part of the bargain, yet half a century later, his daughter was pushed out of the city her father helped build, the only home she has known. “I...

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India needs to cut red tape, spend more on infrastructure in order to boost growth

India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report. The OECD’s Investment Policy Review of India says India has designed policies to encourage investment as part of market-oriented reforms since 1991 that have paved the way for improved prosperity. “Restrictions on large-scale investment have been greatly relaxed. Many sectors formerly reserved to the...

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