-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...

-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...

-The Business Standard   Policy must target faster growth in labour-intensive sectors It was reported on Wednesday that a sample of large manufacturing Companies saw their workforce grow at an average rate of almost three per cent every year over the past decade. Putting aside technical niceties such as the representativeness of the sample, to the extent that the Companies covered are mostly market leaders in their respective sectors, this statistic is very...

-The Hindu   To ensure that students in non-metros are not left out of the race Chennai: In a bid to ensure that students in non-metros are not left out of the race to lucrative jobs, the All India Council for Technical Education (AICTE) has launched a job portal linking students and Companies. Designed for educational institutions in Tier-II and Tier-III cities, the portal allows students/Companies to access and upload the profiles of...

-The Hindustan Times   The Aadhaar scheme, touted as ‘gamechanger' by the UPA government, ended up hurting the Congress in the Lok Sabha polls, said outgoing Union food and consumer affairs minister KV Thomas. "The Aadhaar initiative, and the objective of linking welfare schemes with it, didn't find favour with the people. The decision was not appreciated by voters," Thomas told HT on the eve of the Congress Working Committee meeting on Monday,...