-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel situation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...

-The Times of India In a major setback to special economic zone (SEZ) developers, finance minister P Chidambaram has turned down the commerce department's plea to cut the minimum alternate tax (MAT), which was imposed two years ago. A lower or no Tax burden was cited as one of the main drivers for boosting investment in what were until recently duty-free enclaves. The commerce department had made a case for reversing Chidambaram's...

-PTI Says sharp decline in fuel subsidies points to a hike in petrol and diesel prices to international levels CPI(M) general secretary Prakash Karat today said that the Union budget has "failed" to address the major concern of the masses and questioned the reason behind cutting oil subsidy and increasing the tax concession for the corporates.      "There has been a sharp decline in petroleum subsidy, for diesel, petrol and other oil products....

-The Hindu The United Nations has been drawing attention in recent years to the growing burden of non-communicable diseases, which have been adding to morbidity and premature deaths in most countries. In a declaration issued at a high-level meeting in 2011, the U.N. argued that low and middle income countries should actively pursue public health policies that will reduce the incidence of NCDs arising from diabetes, hypertension, high cholesterol, and a...

-Economic and Political Weekly The proposed legislation on the National Food Security Act has been steadily watered down since it was fi rst mooted in 2009. The Parliamentary Standing Committee that examined the 2011 Bill has disappointingly continued with "targeting". If the government passes the bill incorporating the committee's suggestions, a historic opportunity to combat hunger and malnutrition would be lost. Ankita Aggarwal (aggarwal.ankita87@gmail.com) is a Research Scholar at the Centre for...