-The Hindu The parliamentary stalemate continues on one of the greatest corruption scandals in Indian history. Allocation of natural resources has been a subject matter of public debate in the last two decades, particularly with the entry of the private sector in infrastructure development. Minerals are an important natural resource. The private sector has a great role to play in development of mineral-based industries. However, the policy of allocation of these...

-The Hindu “I seek the indulgence of the House… 3. …I want to assure Hon’ble Members that as the Minister in charge [for a part of the time covered by the report], I take full responsibility for the decisions of the Ministry. I wish to say that any allegations of impropriety are without basis and unsupported by the facts. 10. The observations of the CAG are clearly disputable. 11. The policy of allocation of...

-The Economic Times MUMBAI: Soaring diesel consumption by fleet owners, telecom companies to keep their towers running and malls to pamper their affluent customers is blowing up the theory that continuation of diesel subsidies is intended to help farmers and truckers in order to keep inflation low. Diesel consumption is growing at a rapid pace that is lining the pockets of the business community rather than the government's intention to help poor...

-The Hindu Batting for about 30 lakh sugarcane farmers of Uttar Pradesh, Chief Minister Akhilesh Yadav has expressed his reservation over the Central Government’s proposal to de-regulate the sugar and cane sectors, which would effectively signal an end to the State’s control over reserving the cane area of the sugar mills and fixing the procurement price for the growers. At his meeting with the Chairman of the Prime Minister’s Economic Advisory Council,...

-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...