-The Hindu Business Line Outstanding subsidy bills for the fertiliser sector will exceed ₹40,000 crore by March, according to the Fertiliser Association of India (FAI). Domestic urea manufacturers are the hardest hit with dues amounting to ₹30,000 crore. The industry also sent an ‘SOS' to the Finance Minister appealing to intervene and institute a Special Banking Arrangement to help tide of the liquidity crisis facing fertiliser manufacturers. "While the domestic urea industry is...

-Business Standard The authority will have the powers to regulate waste management and conduct studies regarding environment and ecology The National Democratic Alliance (NDA) government has invited consultants to redraw the green laws of the country following up on the T S R Subramanian committee report. The consultants to be hired through a bid will help the government draw up an umbrella environmental law, which will subsume the existing legislations, as recommended...

-The Hindu The report of the High-Level Committee for reviewing environmental laws has a misplaced focus on speedy project clearances and wrongly attributes their delays to environmental laws The report of the High-Level Committee (HLC) on a review of environmental laws may no longer be in the news, but its potential for impacting environmental governance in the country has not diminished. That potential will become real soon enough. A note of caution...

-The Times of India NEW DELHI: The Election Commission is in the process of sending donation details of all political parties to the Central Board of Direct Taxes for a probe by the Income Tax authorities to ascertain whether entities making contributions were genuine. But what has rattled the poll watchdog is the huge expenditure made by some of the leading parties during the Lok Sabha elections in March-May last year, disproportionate...

-The Telegraph New Delhi: The finance ministry has favoured a proposal to increase the "material" component in projects under the rural job guarantee scheme to facilitate the creation of durable assets. The rural development ministry is, however, having second thoughts, although it had proposed the change in the labour-material ratio from 60-40 to 51-49 for projects under the Mahatma Gandhi National Rural Employment Guarantee Act. The scheme, which seeks to provide 100 days...