-IANS The Left Front Saturday suggested to West Bengal Chief Minister Mamata Banerjee buy alternative plots from adjoining areas to return land to the farmers of Singur who had refused compensation for their land acquired earlier for an industrial project. "In the interest of farmers, if the state government buys 135 acres of land from adjoining areas and returns it to the unwilling farmers, the problem will be sorted out. Then it...
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Chhattisgarh writes to Prime Minister against direct cash transfer of subsidies -Ashish Mukherjee
-NDTV Raipur: Chhattisgarh does not favour the Centre's plan to Dole out subsidies to beneficiaries by direct cash transfer, the state's chief minister Raman Singh has told the Prime Minister. In a letter to Dr Manmohan Singh and Union Food Minister KV Thomas, the chief minister said limitations in banking and information technology would make it difficult for Chhattisgarh to implement the scheme. He said Public Distribution System (PDS) outlets were the most...
More »Did govt jump gun on cash transfers?-Sidhartha
-The Economic Times The government's ambitious plan for direct cash transfer of subsidies is facing implementation hurdles even as Prime Minister Manmohan Singh on Monday set a January 1 deadline to roll out the scheme in 51 districts. While the PM's announcement was a formality, the petroleum ministry has pointed out that once the Cabinet approves the new mechanism on oil and LPG subsidies, it will take 11 months for a rollout. This...
More »Govt to switch to cash transfers to deal with an unwieldy subsidy bill -Siddharth & Surojit Gupta
-The Times of India The government is set to step up its push for cash transfer of subsidies and adopt it as a policy doctrine in the run-up to elections, with two pilot projects validating the assumption that it would lead to significant savings for the government while enhancing benefits for users. A pilot project for cooking gas in Mysore run by state-run oil companies saw the number of connections dropping 40%...
More »Maruti offers 70% hike to workers over three years
-The Times of India NEW DELHI: Nearly two months after workers went on the rampage at its Manesar plant, Maruti Suzuki has Doled out a bumper increment package in a new wage settlement agreement, offering salary increment of nearly 70%, apart from other benefits like interest-free personal loans. The agreement has been accepted by the company's labour union. S Y Siddiqui, Maruti's chief operating officer (administration ), said the company has signed...
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