-The Times of India NEW DELHI: While declaring that her government was keen to take the Aadhaar-based cash transfers to 30 lakh beneficiaries across various schemes, chief minister Sheila Dikshit on Monday expressed concern over obstacles in the delivery of cash transfers due to non-cooperation of banks. She urged Unique Identification Authority of India chairman Nandan Nilekani to work towards speeding up the bank account opening process linked to Aadhaar enrolments. Dikshit...
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Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13
-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...
More »Growth falters as UPA completes 4-years in office -Surojit Gupta
-The Times of India NEW DELHI: The second tenure of the UPA coalition has witnessed a sharp slowdown in growth, stubborn prices, high interest rates and faltering business confidence. While there are some tentative signs of a revival on the horizon, the Indian economy is still not out of the woods and experts say sustained policy and governance reforms are needed to lift Asia's third-largest economy back to its potential growth rate...
More »Govt forms GoM to insulate CBI from external influence- Sahil Makkar
-Live Mint The GoM findings, draft will be submitted to the Supreme Court before 10 July Taking a cue from last week's adverse comments by the Supreme Court, Prime Minister Manmohan Singh constituted a group of ministers (GoM) to draft a law that will eventually seek to insulate the Central Bureau of Investigation (CBI) from political influence. Finance minister P. Chidambaram, external affairs minister Salman Khurshid, law minister Kapil Sibal and minister of...
More »PM, Sonia may launch mobile tower project in Naxal-affected States-Sandeep Joshi
-The Hindu With general elections just a year away, the Union government is keen to project the proposed installation of around 3,000 mobile towers in nine Naxal-affected States as one of the major achievements of the the Congress-led United Progressive Alliance government. For the Rs.3,000-crore project that would give mobile coverage to India's most backward districts and remote villages covering over 80 Left Wing Extremism (LWE)-affected districts, the DoT wants Prime Minister...
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