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Centre to fast-track 40,000 MW of hydro projects

-The Hindu Minister of State for Power (Independent Charge) Jyotirditya Scindia on Tuesday said the government was making efforts to fast-track nearly 95 hydro power projects with a capacity of 40,000 MW to give a big push to the power sector. The projects are awaiting clearances from different authorities, including Central Electricity Authority (CEA), Central Water Commission (CWC) and Ministry of Environment and Forests (MoEF). "We are fast-tracking each and every...

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Not all black and white-Ruchi Gupta

-The Hindu Political parties have acted as judge, jury, supplicant and advocate in their move to amend the RTI Act and remove themselves from its purview. Their rhetoric on transparency sounds more hollow now than ever. The RTI Act provides a regime of consummate transparency of "public authorities". Instead of specifying information to be disclosed, the Act mandates 100 per cent transparency subject only to a tightly defined list of exclusions under...

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Enough transparency without RTI: Govt

-The Telegraph New Delhi: When the Union cabinet yesterday decided to amend the Right to Information Act to exempt political parties from its ambit, it argued that citizens already have several legal avenues to find out about the donations the parties receive and details of their poll candidates. The cabinet approved the draft bill to be introduced in the coming Parliament session to amend the 2005 act, excluding political parties from the...

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Gujarat seeks cut in tariffs for solar power plants -Mitul Thakkar

-The Economic Times NEW DELHI: Narendra Modi's Gujarat government, lauded by India Inc for being business friendly, has stumped industry as it seeks to back out of the high tariffs contracted for nearly 1,000 MW of solar plants of the Tatas, GMR, Adani, Bollywood star Ajay Devgn, Lanco and others. Industry leaders said the move was shocking as it raised issues about the consistency of the state's policy, but the business-savvy Gujarat...

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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus

-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...

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