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No record of Rs 44,000 crore government spending -Sidhartha

-The Times of India NEW DELHI: Various ministries — led by health, agriculture and human resource development — have released close to Rs 44,000 crore over the past few years without getting utilization certificates or accounts of grants given to statutory bodies and organizations, resulting in spending without any evidence of gains flowing to the beneficiaries. The concern has been flagged by the Comptroller and Auditor General (CAG) in a new report...

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Only 0.35% domestic LPG users gave up subsidy

-PTI Three months after Prime Minister Narendra Modi launched the ‘Give It Up’ campaign, only 0.35 per cent of the domestic LPG consumers have so far given up using subsidised cooking gas. At a review meeting chaired by Oil Minister Dharmendra Pradhan last week, it was informed that just over 5.5 lakh out of the 15.3 crore LPG consumers have so far voluntarily surrendered subsidised LPG and started buying the cooking fuel...

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DBTL enrolment finally stops with 128.7 million beneficiaries -Sudheer Pal Singh

-Business Standard Plugs Rs 5,060 crore of LPG subsidy parked with 21 million, largely fake customers The enrolment of beneficiaries under the ambitious modified Direct Benefits Transfer for LPG (DBTL) scheme has finally stopped at 128.7 million people, oil ministry, data show. This translates into annual subsidy savings for the government to the tune of Rs 5,060 crore at the current prices that was linked to the rest 21.3 million customers. These include...

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11 trade unions plan strike on 26 May - Prashant K Nanda

-Livemint.com The strike that was announced on Friday is to protest what unions called the anti-labour policies of the BJP-led ruling coalition New Delhi: Eleven trade unions plan to go on strike on 26 May, the first anniversary of the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government, to protest what they called the anti-labour policies of the ruling coalition. The strike was announced on Friday as three ministers met national...

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With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

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