The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...
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New law to give states say in land buys
-The Hindustan Times To maintain a fine balance between allies’ pressure and investors’ sentiments, the UPA government will let states decide their own limits on acquiring land for private projects. In its ambitious Land Acquisition, Rehabilitation and Resettlement Bill, 2011, the Centre has bypassed recommendations of a parliamentary panel and will give states the power to fix their own ceilings. The draft bill prepared by UPA-1 ran into a hurdle over the...
More »NCERT to hold consultations on Thorat report-Aarti Dhar
-The Hindu ‘It did not seem to be too happy with recommendations’ The National Council of Educational Research and Training (NCERT) on Wednesday decided to hold further consultations on the S.K. Thorat Committee report that recommended the removal of 21 cartoons and words, which, it said, were “ambiguous,” negative or showed politicians and bureaucrats in an ‘incorrect’ way, from the Social Science and Political Science textbooks for Classes IX-XII. Sources in the NCERT...
More »States Asked to Lift PDS Foodgrains Needed For 6 Months
-PTI Faced with acute shortage of storage capacity, the Centre today asked states to lift PDS foodgrains needed for at least six months and build intermediate godowns to ease pressure on Food Corporation of India godowns. "We have requested state governments to offtake at least six months of foodgrains needed for PDS. Our storage capacity of FCI is 64 million tonnes and our present stock is about 82-83 million tonnes," Minister of...
More »CSR may become mandatory if Companies Bill is passed with house panel suggestions
-The Economic Times Decks have been cleared for reintroduction of the Companies Bill, 2011, in the monsoon session. If the bill is passed after endorsing all the suggestions made by the Parliamentary Standing Committee on Finance, corporate social responsibility (CSR) would, for the first time in the world, become mandatory. The report recommends that companies with net worth above Rs 500 crore, or an annual turnover of over Rs 1,000 crore, earmark...
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