-The Indian Express Full Planning Commission chaired by Prime Minister Manmohan Singh today approved 12th Five Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2 per cent from 9 per cent envisaged earlier in view of fragile recovery. "The Full Planning Commission approved the draft 12th Five Year Plan document, subject to certain suggestions made in the meeting," Planning Commission Deputy Chairman...
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Price of diesel hiked by Rs 5, subsidized LPG restricted to 6 cylinders a year per family
-The Times of India The government on Thursday approved a steep hike on diesel price in a politically risky move to rein in the fiscal deficit. The CABinet committee on political affairs approved the hike in a meeting at the Prime Minister's residence. The price of diesel is hiked by Rs 5. However, the price of PDS kerosene and petrol were left unchanged. The panel also restricted the number of subsidized LPG...
More »Congress not in favour of a petrol price hike soon: Sources
-NDTV The Congress is not in favour of a petrol price hike anytime soon, sources have told NDTV. The party's core group met this evening and discussed the issue, sources said. Oil Minister Jaipal Reddy, who is not a part of the core group, was also present at the meeting. Just a few hours, before the meet, Mr Reddy had said the "painful duty" of a hike in fuel prices cannot be...
More »Rise of crony journalism and tainted money in media -R Jagannathan
-First Post A lot has been written in recent weeks about crony capitalism, but an important issue for the media to introspect over is this: can this happen without significant amounts of crony journalism? When media companies begin to think they can run coal plants, surely this compromises them (Lokmat Group, DB Corp). When political parties think they ought to own media houses or be aligned to one (YSR Congress’ Sakshi, the...
More »Defunct united command in naxal-hit States worries Centre -Sandeep Joshi
-The Hindu Home Ministry wants the Chief Ministers to head the mechanism Concerned at Maoists augmenting their strike capabilities and getting more organised, the Centre wants the Chief Ministers of the worst naxal-affected States of Chhattisgarh, Jharkhand and Orissa to head their unified commands to deal with the threat more effectively. “In the past two years, these unified commands have been virtually lying defunct. They were supposed to meet once every month, but...
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