In an extraordinary effort at resolving policy disputes, the Union food ministry pleaded before the Supreme Court on Thursday to order the Planning Commission to release funds for reforms in the Public Distribution System (PDS) and to order the rural development ministry to provide details of how many people in the category of poorest of poor had been left out of PDS.  In its affidavit filed in court, the ministry also accused...

Central pension plan NPS finally gets a boost The ‘New’ NPS     Measure: Improve incentives for distributors. Has been recently implemented.     Impact: Was required. But won’t be enough, need consumer education to build volumes.     Proposal: Increase fund management fees with an option to lower later.     Impact: Under consideration. But finance ministry unhappy with increase in costs.     Proposal: Relax the norms to appoint more fund managers to increase distribution.     Impact: Unlikely. At...

-The Times of India   Lanco, the company accused by Delhi-based Centre for Science and Environment (CSE) of illegitimately cornering contracts worth Rs 13,000 crore under the Jawaharlal Nehru National Solar mission, has objected to the allegations and said "they were not crosschecked with the company and were wrongly perceived".  In a statement made to TOI, A Narasimhan, senior vice-president (corporate communications), said, "Lanco Group has equity participation in few of the companies...

-The Hindustan Times By cancelling licences issued by the UPA government to telecommunications companies in 2008, the Supreme Court has ruled against discretion in the allotment of natural resources like radio frequencies. This is in contrast to the view of this government and that of its predecessor, the NDA, that big upfront costs like spectrum fees, which must be passed on to customers, don’t serve the larger goal of universal telecom...

-The Telegraph     A non-government environmental agency claimed today that it has uncovered a scam in the solar power mission where, it said, a private firm has used front companies to circumvent government rules for solar power projects. The Centre for Science and Environment (CSE) said its three-month-long investigation suggested that the company had used unfair practices to grab lucrative projects under the first phase of the solar mission that hopes to add...