Finance Minister Pranab Mukherjee has admitted that price rise was a major problem confronting the United Progressive Alliance government in its second term. In a book brought out by the Congress with Mr. Mukherjee as its chief editor, he has said: “Inflation based on high prices of foodgrains continues to be a challenge.” The book Congress and the Making of the Indian Nation was released at the just-concluded party plenary marking...
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PM writes to PAC chairman, says ready to appear before panel
Following up on his unprecedented offer, Prime Minister manmohan singh today wrote to the Public Accounts Committee probing the 2G spectrum allocation scam, expressing his readiness to appear before it. On a day when Comptroller and Auditor General (CAG) Vinod Rai, whose report projecting a presumptive loss of Rs 1.76 lakh crore to the exchequer in 2G spectrum allocation created a storm, appeared before the PAC, Singh made the offer in...
More »Plan to link NREGA wages to inflation hits CP Joshi wall by Priyadarshi Siddhanta
Rural Development Minister CP Joshi has refused to move on a proposal by the Planning Commission to link wages under the national job guarantee scheme to the consumer price index. In fact, the Plan panel’s proposal was echoed by the National Advisory Council chaired by UPA Chairperson Sonia Gandhi.In a presentation to Prime Minister manmohan singh recently, the Planning Commission made a strong case for aligning the wage levels to...
More »Farmers' plight: Cong seeks Central monitoring panel
Demanding waiver of farm loans of rain-hit farmers in Orissa and relaxation of paddy standard for procurement, the Congress on Sunday asked the Centre to form a monitoring committee to supervise utilisation of its assistance for the distressed farmers. The Centre should form a committee to monitor and supervise utilisation of its assistance for the farmers whose crops have been damaged due to untimely rains in Odisha, Odisha Pradesh Congress Committee...
More »CAG to appear before PAC today on 2G issue
Report of presumed loss in radio waves allocation created a storm in Parliament JPC will delay the inquiry and politicise the matter, feels government manmohan singh has offered to appear before PAC if required Comptroller and Auditor-General (CAG) of India Vinod Rai will appear before Parliament's Public Accounts Committee (PAC) on Monday in connection with the 2G telecom controversy. The PAC has been examining the CAG's report of a presumed loss of Rs.1.76-lakh crore...
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